ULTY vs. MRGR ETF Comparison
Comparison of Tidal Trust II YieldMax Ultra Option Income Strategy ETF (ULTY) to ProShares Merger ETF (MRGR)
ULTY
Tidal Trust II YieldMax Ultra Option Income Strategy ETF
ULTY Description
The fund is an actively managed exchange-traded fund that seeks current income while providing direct and/or indirect exposure to the share price of select U.S. listed securities, subject to a limit on potential investment gains. It uses both traditional and synthetic covered call strategies that are designed to produce higher income levels when the underlying securities experience more volatility. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$15.40
Average Daily Volume
232,112
10
MRGR
ProShares Merger ETF
MRGR Description
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.Grade (RS Rating)
Last Trade
$40.06
Average Daily Volume
1,322
31
Performance
| Period | ULTY | MRGR |
|---|---|---|
| 30 Days | -7.60% | -0.83% |
| 60 Days | -11.33% | -0.30% |
| 90 Days | 0.36% | |
| 12 Months | 6.44% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ULTY | Weight in MRGR | Overlap |
|---|
ULTY Underweight 31 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | -3.16% | |
| EVBG | B | -3.04% | |
| ETRN | A | -2.88% | |
| PXD | B | -2.69% | |
| NS | D | -2.61% | |
| SWAV | A | -2.54% | |
| EDR | A | -2.53% | |
| FUSN | A | -2.53% | |
| CERE | A | -2.52% | |
| MODN | B | -2.51% | |
| ALPN | A | -2.51% | |
| DOOR | A | -2.51% | |
| AIRC | A | -2.51% | |
| AMK | D | -2.48% | |
| HIBB | A | -2.48% | |
| AEL | A | -2.48% | |
| HCP | B | -2.46% | |
| DFS | B | -2.46% | |
| ANSS | D | -2.44% | |
| WIRE | A | -2.41% | |
| SLCA | A | -2.41% | |
| AXNX | C | -2.4% | |
| HES | B | -2.35% | |
| INBX | D | -2.34% | |
| JNPR | D | -2.31% | |
| CTLT | C | -2.31% | |
| HA | D | -2.17% | |
| MGRC | D | -2.14% | |
| CHX | D | -2.13% | |
| X | F | -1.84% | |
| CPRI | F | -1.57% |
ULTY: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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