XHE vs. MARB ETF Comparison

Comparison of SPDR S&P Health Care Equipment (XHE) to First Trust Merger Arbitrage ETF (MARB)

XHE

SPDR S&P Health Care Equipment

XHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.78

Average Daily Volume

8,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.72

Average Daily Volume

7,030

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XHE	MARB
30 Days	3.83%	-1.03%
60 Days	0.22%	-1.01%
90 Days	2.21%	-1.64%
12 Months	21.67%	-0.91%

2 Overlapping Holdings

	Symbol	Grade	Weight in XHE	Weight in MARB	Overlap
	AXNX	A	1.77%	4.2%	1.77%
	SRDX	B	1.21%	2.29%	1.21%

XHE Overweight 60 Positions Relative to MARB

Symbol	Grade	Weight
ATEC	C	2.53%
MASI	B	2.47%
IART	C	2.46%
ATRC	C	2.24%
PEN	B	2.19%
HAE	C	2.12%
GMED	A	2.07%
PODD	C	2.03%
PRCT	B	2.03%
GKOS	B	1.96%
IRTC	C	1.96%
OMCL	C	1.95%
NARI	C	1.9%
ISRG	A	1.89%
LIVN	F	1.89%
MMSI	A	1.88%
ENOV	C	1.87%
UFPT	C	1.87%
ITGR	B	1.86%
BSX	A	1.84%
DXCM	C	1.84%
NVST	B	1.83%
SYK	B	1.8%
ZBH	C	1.79%
SOLV	D	1.74%
ABT	B	1.72%
LMAT	A	1.71%
CNMD	C	1.71%
BDX	F	1.71%
RMD	C	1.71%
ICUI	D	1.71%
MDT	D	1.69%
GEHC	D	1.69%
HOLX	D	1.69%
EW	C	1.66%
NEOG	F	1.65%
NVCR	C	1.65%
INSP	D	1.61%
STE	D	1.57%
ALGN	D	1.56%
STAA	F	1.55%
BAX	F	1.47%
IDXX	F	1.47%
RXST	F	1.43%
LNTH	D	1.4%
TFX	F	1.37%
TNDM	D	1.22%
XRAY	F	1.17%
TMDX	F	1.05%
VREX	B	1.01%
AORT	B	0.89%
OFIX	C	0.67%
SIBN	F	0.66%
EMBC	C	0.61%
ZIMV	D	0.57%
AVNS	F	0.48%
KIDS	D	0.46%
OSUR	F	0.43%
TCMD	B	0.4%
AXGN	C	0.39%

XHE Underweight 32 Positions Relative to MARB

Symbol	Grade	Weight
HTLF	B	-7.98%
HCP	B	-5.64%
EDR	A	-4.92%
ACI	C	-4.88%
DFS	B	-4.67%
AMED	F	-4.57%
NAPA	A	-3.99%
ANSS	B	-3.85%
B	A	-3.78%
JNPR	D	-3.65%
EVRI	A	-3.48%
K	A	-3.28%
ESGR	B	-3.18%
CTLT	C	-3.17%
HES	B	-3.07%
VZIO	A	-3.05%
CHX	C	-2.78%
LBPH	A	-2.78%
MGRC	B	-2.75%
FYBR	C	-2.53%
ENV	B	-2.38%
IBTX	B	-2.21%
RCM	A	-2.07%
MRO	B	-2.03%
WSC	F	--1.0%
COP	C	--2.02%
SNPS	B	--2.21%
SSB	B	--2.22%
CVX	A	--3.56%
SLB	C	--4.15%
COF	C	--5.12%
UMBF	B	--8.33%