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MRGRProShares Merger ETF

Stay safeGrow my money13y track recordRanked #251 of 357 in this goal

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

By ProShares · Launched 2012

Annual Cost

0.75%

#3,918 of 5,854 · average

Fund Size

$16M

#4,611 of 5,854 · small

Dividend YieldGoal

1.14%

Track Record

13 years

#1,030 of 5,854 · established

Performance

Total-return NAV · USD
Growth of $10,000
$11,107+11.1%

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

What's inside

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 = 28.1% of fundwell diversified

New Gold, Inc.
4.2%
Teck Resources Ltd.
3.2%
Axalta Coating Systems Ltd.
2.7%
Kenvue, Inc.
2.7%
Valaris Ltd.
2.7%
Sun Country Airlines Holdings, Inc.
2.6%
Northwestern Energy Group, Inc.
2.6%
Janus Henderson Group plc
2.5%
Norfolk Southern Corp.
2.4%
Stellar Bancorp, Inc.
2.4%

Asset allocation

Stocks
99.6%
Cash
0.4%

Risk profile

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

Year-on-year price swings

Max drawdown
-13.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.41Strong risk-adjusted returns
Sortino (3Y)
2.22Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Tracks the performance of the S&P Merger Arbitrage Index.
Strategy
Seeks to provide exposure to a global merger arbitrage strategy that exploits price changes associated with announced mergers and acquisitions. Invests primarily in common stocks of target companies and uses derivatives for short exposure to acquirers, aiming for investment results that track the Index.
Inception date
December 11, 2012
Fund family
ProShares

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Data updated on 2026-08-03