ETF Quote Details
|NAV (month end)||37.34|
|Premium (+)/Discount (-) (month end)||-0.03|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
Zacks Premium - The only way to get access to the Zacks Rank
ETF Expense Ratio
|Dividend (Yield)||$0.96 (2.58%)|
The S&P Merger Arbitrage Index provides exposure to a global merger arbitrage strategy, which seeks to capture the spread between the price at which the stock of a company trades after a proposed acquisition of such target is announced and the value that the acquiring company has proposed to pay for the stock of the target. The index takes long positions in target securities.
ProShares Merger ETF seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index.