MARB vs. SPY
Compare and contrast key facts about First Trust Merger Arbitrage ETF (MARB) and SPDR S&P 500 ETF (SPY).
MARB and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MARB is an actively managed fund by First Trust. It was launched on Feb 4, 2020. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MARB or SPY.
Correlation
The correlation between MARB and SPY is 0.26, 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.
Performance
MARB vs. SPY - Performance Comparison
Key characteristics
MARB:
0.94
SPY:
1.91
MARB:
1.34
SPY:
2.57
MARB:
1.17
SPY:
1.35
MARB:
0.87
SPY:
2.88
MARB:
3.75
SPY:
11.96
MARB:
0.85%
SPY:
2.03%
MARB:
3.40%
SPY:
12.68%
MARB:
-11.99%
SPY:
-55.19%
MARB:
-0.35%
SPY:
0.00%
Returns By Period
In the year-to-date period, MARB achieves a 0.40% return, which is significantly lower than SPY's 4.34% return.
MARB
0.40%
0.35%
1.16%
3.03%
0.95%
N/A
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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MARB vs. SPY - Expense Ratio Comparison
MARB has a 2.30% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MARB vs. SPY — Risk-Adjusted Performance Rank
MARB
SPY
MARB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Merger Arbitrage ETF (MARB) and SPDR S&P 500 ETF (SPY). 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.
Dividends
MARB vs. SPY - Dividend Comparison
MARB's dividend yield for the trailing twelve months is around 2.11%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MARB First Trust Merger Arbitrage ETF | 2.11% | 2.12% | 2.20% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MARB vs. SPY - Drawdown Comparison
The maximum MARB drawdown since its inception was -11.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MARB and SPY. For additional features, visit the drawdowns tool.
Volatility
MARB vs. SPY - Volatility Comparison
The current volatility for First Trust Merger Arbitrage ETF (MARB) is 1.24%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.13%. This indicates that MARB experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.