CSM vs. MARB
Compare and contrast key facts about Proshares Large Cap Core Plus (CSM) and First Trust Merger Arbitrage ETF (MARB).
CSM and MARB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSM is a passively managed fund by ProShares that tracks the performance of the Credit Suisse 130/30 Large-Cap Index. It was launched on Jul 13, 2009. MARB is an actively managed fund by First Trust. It was launched on Feb 4, 2020.
Performance
CSM vs. MARB - Performance Comparison
Loading graphics...
CSM vs. MARB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CSM Proshares Large Cap Core Plus | -5.83% | 21.84% | 22.09% | 23.50% | -18.27% | 33.13% | 8.12% |
MARB First Trust Merger Arbitrage ETF | 0.29% | 7.02% | 0.73% | 2.16% | 3.89% | 0.26% | -2.35% |
Returns By Period
In the year-to-date period, CSM achieves a -5.83% return, which is significantly lower than MARB's 0.29% return.
CSM
- 1D
- 2.46%
- 1M
- -4.91%
- YTD
- -5.83%
- 6M
- -1.69%
- 1Y
- 18.78%
- 3Y*
- 17.57%
- 5Y*
- 11.42%
- 10Y*
- 12.84%
MARB
- 1D
- -0.14%
- 1M
- -0.00%
- YTD
- 0.29%
- 6M
- 2.63%
- 1Y
- 6.85%
- 3Y*
- 3.46%
- 5Y*
- 2.72%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CSM vs. MARB - Expense Ratio Comparison
CSM has a 0.45% expense ratio, which is lower than MARB's 2.30% expense ratio.
Return for Risk
CSM vs. MARB — Risk / Return Rank
CSM
MARB
CSM vs. MARB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Large Cap Core Plus (CSM) and First Trust Merger Arbitrage ETF (MARB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CSM | MARB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.29 | -0.30 |
Sortino ratioReturn per unit of downside risk | 1.53 | 2.00 | -0.47 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.33 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 3.13 | -1.65 |
Martin ratioReturn relative to average drawdown | 6.81 | 21.28 | -14.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CSM | MARB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.29 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.65 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.34 | +0.47 |
Correlation
The correlation between CSM and MARB is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CSM vs. MARB - Dividend Comparison
CSM's dividend yield for the trailing twelve months is around 1.16%, less than MARB's 3.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSM Proshares Large Cap Core Plus | 1.16% | 1.04% | 1.06% | 1.17% | 1.37% | 0.78% | 1.21% | 1.41% | 1.54% | 1.28% | 1.49% | 1.67% |
MARB First Trust Merger Arbitrage ETF | 3.01% | 3.01% | 2.11% | 2.20% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CSM vs. MARB - Drawdown Comparison
The maximum CSM drawdown since its inception was -36.11%, which is greater than MARB's maximum drawdown of -11.99%. Use the drawdown chart below to compare losses from any high point for CSM and MARB.
Loading graphics...
Drawdown Indicators
| CSM | MARB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.11% | -11.99% | -24.12% |
Max Drawdown (1Y)Largest decline over 1 year | -12.92% | -2.43% | -10.49% |
Max Drawdown (5Y)Largest decline over 5 years | -23.82% | -3.67% | -20.15% |
Max Drawdown (10Y)Largest decline over 10 years | -36.11% | — | — |
Current DrawdownCurrent decline from peak | -7.17% | -0.24% | -6.93% |
Average DrawdownAverage peak-to-trough decline | -4.07% | -1.44% | -2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 0.36% | +2.46% |
Volatility
CSM vs. MARB - Volatility Comparison
Proshares Large Cap Core Plus (CSM) has a higher volatility of 4.79% compared to First Trust Merger Arbitrage ETF (MARB) at 1.15%. This indicates that CSM's price experiences larger fluctuations and is considered to be riskier than MARB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CSM | MARB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 1.15% | +3.64% |
Volatility (6M)Calculated over the trailing 6-month period | 9.49% | 3.17% | +6.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.97% | 5.36% | +13.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.12% | 4.23% | +12.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.37% | 5.64% | +12.73% |