XME vs. MARB ETF Comparison
Comparison of SPDR S&P Metals & Mining ETF (XME) to First Trust Merger Arbitrage ETF (MARB)
XME
SPDR S&P Metals & Mining ETF
XME 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 metals and mining segment of a U.S. total market composite index. In seeking to track the performance of the S&P Metals & Mining 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 metals and mining industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$60.10
Average Daily Volume
3,020,543
30
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
$19.58
Average Daily Volume
25,287
23
Performance
| Period | XME | MARB |
|---|---|---|
| 30 Days | -1.22% | -1.17% |
| 60 Days | 4.95% | -0.81% |
| 90 Days | 5.02% | -0.81% |
| 12 Months | 25.94% | 0.07% |
1 Overlapping Holdings
| Symbol | Grade | Weight in XME | Weight in MARB | Overlap | |
|---|---|---|---|---|---|
| X | F | 3.53% | 3.53% | 3.53% |
XME Overweight 29 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| AA | B | 5.33% | |
| FCX | B | 5.32% | |
| NEM | A | 4.91% | |
| CRS | A | 4.89% | |
| RGLD | B | 4.72% | |
| UEC | A | 4.67% | |
| MP | C | 4.59% | |
| STLD | D | 4.51% | |
| CMC | B | 4.44% | |
| RS | D | 4.33% | |
| ATI | A | 4.28% | |
| HL | B | 4.25% | |
| NUE | D | 4.15% | |
| CEIX | F | 4.03% | |
| CLF | F | 3.9% | |
| BTU | F | 3.81% | |
| AMR | D | 3.78% | |
| ARCH | D | 3.75% | |
| CDE | A | 3.62% | |
| CENX | B | 2.99% | |
| MTRN | F | 1.28% | |
| KALU | A | 1.1% | |
| CMP | F | 1.05% | |
| RYI | F | 0.98% | |
| SXC | D | 0.88% | |
| WS | D | 0.8% | |
| ZEUS | D | 0.77% | |
| RDUS | F | 0.45% | |
| HAYN | B | 0.44% |
XME Underweight 22 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | -5.82% | |
| ACI | C | -4.96% | |
| AMED | D | -4.57% | |
| AXNX | C | -3.96% | |
| ANSS | F | -3.6% | |
| HES | B | -3.48% | |
| JNPR | D | -3.3% | |
| DFS | B | -3.26% | |
| CERE | A | -3.05% | |
| CTLT | C | -2.98% | |
| VZIO | D | -2.93% | |
| NS | D | -2.46% | |
| LBAI | B | -2.39% | |
| NWLI | A | -2.09% | |
| SP | C | -1.53% | |
| CPRI | F | -1.44% | |
| SNPS | D | --2.02% | |
| PFS | B | --2.45% | |
| SUN | D | --2.47% | |
| CVX | B | --3.65% | |
| COF | B | --3.86% | |
| XOM | B | --6.25% |
XME: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords
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