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MRGRProShares Merger ETF

Stay safeGrow my money13y track recordRanked #271 of 387 in this goal

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

By ProShares · Launched 2012

Annual Cost

0.75%

#4,069 of 6,040 · expensive

Fund Size

$16M

#4,711 of 6,040 · small

Return (1Y)

+8.0%

Track Record

13 years

#1,043 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,917+9.2%

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

Holdings

By weight

Concentration

Top 10 holdings = 28.1% of funddiversified

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
93.0%
Cash
7.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.3%Low

Year-on-year price swings

Max drawdown
-13.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)
0.83Decent risk-adjusted returns
Sortino (3Y)
1.27Good 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

Next steps

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Data updated on 2026-09-18