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MRGRProShares Merger ETF

Stay safeGrow my money13y track recordRanked #241 of 340 in this goal

Tracks the performance of the S&P Merger Arbitrage Index.

By ProShares · Launched 2012

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$16M

#4,501 of 5,562 · small

Dividend YieldGoal

3.01%

Track Record

13 years

#1,050 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$11,063+10.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Arbitrage

Index tracked

S&P Merger Arbitrage Index

What it actually holds

By weight

Concentration

Top 10 holdings = 27.0% of fundwell diversified

INVESCO GOVT AND AGCY LEX
4.4%
Anywhere Real Estate, Inc.
2.9%
Avadel Pharmaceuticals plc
2.6%
Northwestern Energy Group, Inc.
2.5%
Civitas Resources, Inc.
2.5%
New Gold, Inc.
2.5%
Kenvue, Inc.
2.4%
Axalta Coating Systems Ltd.
2.4%
NuVista Energy Ltd.
2.4%
Teck Resources Ltd.
2.3%

Asset allocation

Stocks
94.5%
Cash
5.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.2%Low

Year-on-year price swings

Max drawdown
-13.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.35Strong risk-adjusted returns
Sortino (3Y)
2.12Good downside protection

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Tracks the performance of the S&P Merger Arbitrage Index.
Strategy
Invests primarily in a global merger arbitrage strategy, capturing spreads between target and acquirer stock prices. Utilizes long positions in target companies and short positions in acquirers, supplemented by cash in U.S. Treasury Bills.
Inception date
December 11, 2012
Fund family
ProShares

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Data updated on 2026-06-19