ZIG vs. MRGR ETF Comparison
Comparison of The Acquirers Fund (ZIG) to ProShares Merger ETF (MRGR)
ZIG
The Acquirers Fund
ZIG Description
The investment seeks capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing primarily in equity securities (or depositary receipts) of companies in developed markets outside the United States based on the results of a proprietary, quantitative model (the "EquBot Model") developed by the adviser that runs on the Watson™ platform. Its investment adviser is a technology based company focused on applying artificial intelligence ("AI") based solutions to investment analyses. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$37.32
Average Daily Volume
4,417
29
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
$39.95
Average Daily Volume
968
29
Performance
| Period | ZIG | MRGR |
|---|---|---|
| 30 Days | 3.38% | -0.75% |
| 60 Days | 5.10% | -1.09% |
| 90 Days | 9.25% | -0.29% |
| 12 Months | 36.91% | 6.50% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ZIG | Weight in MRGR | Overlap | |
|---|---|---|---|---|---|
| WIRE | C | 4.17% | 2.43% | 2.43% |
ZIG Overweight 28 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HCC | C | 4.19% | |
| VIRT | A | 3.81% | |
| AX | A | 3.71% | |
| CNX | C | 3.58% | |
| MLI | B | 3.56% | |
| PLTK | C | 3.48% | |
| BSM | C | 3.41% | |
| PM | A | 3.39% | |
| SM | C | 3.38% | |
| PHM | B | 3.35% | |
| CMC | B | 3.33% | |
| MO | A | 3.29% | |
| ATKR | D | 3.28% | |
| MTG | B | 3.25% | |
| UFPI | B | 3.24% | |
| ARCH | D | 3.22% | |
| DDS | B | 3.2% | |
| BKE | B | 3.2% | |
| CROX | B | 3.19% | |
| MHO | C | 3.14% | |
| DHI | D | 3.11% | |
| STLD | D | 3.1% | |
| CALM | D | 3.07% | |
| CF | F | 3.05% | |
| FHI | D | 3.04% | |
| DINO | D | 3.01% | |
| NUE | D | 2.96% | |
| BTU | D | 2.94% |
ZIG Underweight 28 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | -3.44% | |
| EVBG | D | -3.07% | |
| ETRN | C | -2.96% | |
| HTLF | A | -2.68% | |
| SWAV | A | -2.57% | |
| FUSN | A | -2.55% | |
| EDR | A | -2.55% | |
| ALPN | A | -2.54% | |
| MODN | B | -2.54% | |
| AIRC | A | -2.54% | |
| DOOR | A | -2.53% | |
| HIBB | A | -2.52% | |
| ANSS | D | -2.5% | |
| CERE | C | -2.5% | |
| DCPH | A | -2.5% | |
| AMK | D | -2.49% | |
| HCP | B | -2.49% | |
| DFS | D | -2.48% | |
| SLCA | B | -2.45% | |
| AXNX | D | -2.43% | |
| HES | B | -2.38% | |
| INBX | D | -2.37% | |
| CTLT | D | -2.33% | |
| JNPR | D | -2.31% | |
| HA | C | -2.26% | |
| MGRC | F | -2.22% | |
| CHX | D | -2.2% | |
| X | F | -1.93% |
ZIG: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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