NYSEArca - Delayed Quote USD

First Trust Merger Arbitrage ETF (MARB)

20.11
+0.01
+(0.05%)
At close: May 9 at 3:59:53 PM EDT
20.11
0.00
(0.00%)
After hours: May 9 at 4:08:45 PM EDT

ETF Summary

Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts ("ADRs"). The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Risk Overview

Performance & Risk

YTD Return 1.16%
5y Average Return 1.36%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.04
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
MARBCategory AverageMARBCategory AverageMARBCategory Average
Alpha -2.7 -2.28 -1.74 -0.06 0 -0.42
BETA 0.04 0.15 0.02 0.2 0 0.27
Mean Annual Return 0.18 0.28 0.11 0.41 0 0.3
R-squared 3.1 26.2 1.44 27.27 0 37.54
Standard Deviation 3.21 4.48 2.9 5.49 0 6.55
Sharpe Ratio -0.76 -0.33 -0.51 0.32 0 0.24
Treynor Ratio -69.6 -14.37 -68.02 8.27 0 5.33

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