Proshares Merger Etf Profile
| MRGR Etf | USD 42.02 0.06 0.14% |
Performance7 of 100
| Odds Of DistressLess than 9
|
ProShares Merger is selling at 42.02 as of the 28th of November 2024; that is 0.14 percent decrease since the beginning of the trading day. The etf's lowest day price was 42.02. ProShares Merger has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ProShares Merger ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. Merger ETF is traded on BATS Exchange in the United States. More on ProShares Merger ETF
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ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Long/short ETFs, Strategy ETFs, Event Driven, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2012-12-11 |
| Benchmark | S&P Merger Arbitrage Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 10.54 Million |
| Average Trading Valume | 923 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Long/Short |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | J.P. Morgan Investor Services Co. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Alexander Ilyasov, Scott Hanson |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 116 |
| Market Maker | RBC Capital Markets |
| Total Expense | 1.45 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 5.21 |
| Name | ProShares Merger ETF |
| Currency Code | USD |
| Open Figi | BBG003PSCM66 |
| In Threey Volatility | 3.53 |
| 1y Volatility | 2.91 |
| 200 Day M A | 40.8617 |
| 50 Day M A | 41.9976 |
| Code | MRGR |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
ProShares Merger ETF [MRGR] is traded in USA and was established 2012-12-11. The fund is listed under Event Driven category and is part of ProShares family. The entity is thematically classified as Long/short ETFs. ProShares Merger ETF now have 26.8 M in assets. , while the total return for the last 3 years was 1.6%.
Check ProShares Merger Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Merger ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ProShares Merger ETF Currency Exposure
ProShares Merger ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ProShares Merger will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ProShares Merger ETF.
Top ProShares Merger ETF Etf Constituents
| G | Genpact Limited | Stock | Industrials | |
| BTG | B2Gold Corp | Stock | Materials | |
| KEM | KraneShares Trust | Etf | Diversified Emerging Mkts | |
| APT | Alpha Pro Tech | Stock | Industrials | |
| CCL | Carnival | Stock | Consumer Discretionary | |
| ROG | Rogers | Stock | Information Technology | |
| ING | ING Group NV | Stock | Financials |
ProShares Merger Top Holders
| JTHIX | James Alpha Total | Mutual Fund | Multistrategy | |
| JTHSX | James Alpha Total | Mutual Fund | Multistrategy | |
| ALTS | ALT5 Sigma | Etf | Health Care |
ProShares Merger ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Merger. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.1459 | |||
| Semi Deviation | 0.1436 | |||
| Standard Deviation | 0.2218 | |||
| Variance | 0.0492 |
ProShares Merger ETF Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. ProShares Merger ETF Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ProShares Merger price patterns.
ProShares Merger Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Merger ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of ProShares Merger ETF is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Merger's value that differs from its market value or its book value, called intrinsic value, which is ProShares Merger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Merger's market value can be influenced by many factors that don't directly affect ProShares Merger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Merger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.