MRGR vs. YALL
Compare and contrast key facts about Proshares Merger ETF (MRGR) and God Bless America ETF (YALL).
MRGR and YALL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MRGR is a passively managed fund by ProShares that tracks the performance of the S&P Merger Arbitrage Index. It was launched on Dec 11, 2012. YALL is an actively managed fund by Tidal ETFs. It was launched on Oct 10, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRGR or YALL.
Correlation
The correlation between MRGR and YALL is 0.31, 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
MRGR vs. YALL - Performance Comparison
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Key characteristics
MRGR:
2.38
YALL:
0.92
MRGR:
3.31
YALL:
1.47
MRGR:
1.50
YALL:
1.19
MRGR:
3.81
YALL:
1.01
MRGR:
17.02
YALL:
3.66
MRGR:
0.47%
YALL:
5.43%
MRGR:
3.58%
YALL:
21.37%
MRGR:
-13.21%
YALL:
-19.72%
MRGR:
-0.20%
YALL:
-4.15%
Returns By Period
In the year-to-date period, MRGR achieves a 2.29% return, which is significantly lower than YALL's 2.51% return.
MRGR
2.29%
0.97%
3.11%
8.09%
3.31%
3.22%
YALL
2.51%
11.92%
-0.27%
19.28%
N/A
N/A
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MRGR vs. YALL - Expense Ratio Comparison
MRGR has a 0.75% expense ratio, which is higher than YALL's 0.65% expense ratio.
Risk-Adjusted Performance
MRGR vs. YALL — Risk-Adjusted Performance Rank
MRGR
YALL
MRGR vs. YALL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Merger ETF (MRGR) and God Bless America ETF (YALL). 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.
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Dividends
MRGR vs. YALL - Dividend Comparison
MRGR's dividend yield for the trailing twelve months is around 3.25%, more than YALL's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRGR Proshares Merger ETF | 3.25% | 3.20% | 2.12% | 0.61% | 0.59% | 0.00% | 0.78% | 1.39% | 0.36% | 0.74% | 0.34% | 0.67% |
YALL God Bless America ETF | 0.49% | 0.50% | 3.51% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MRGR vs. YALL - Drawdown Comparison
The maximum MRGR drawdown since its inception was -13.21%, smaller than the maximum YALL drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for MRGR and YALL. For additional features, visit the drawdowns tool.
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Volatility
MRGR vs. YALL - Volatility Comparison
The current volatility for Proshares Merger ETF (MRGR) is 0.71%, while God Bless America ETF (YALL) has a volatility of 7.02%. This indicates that MRGR experiences smaller price fluctuations and is considered to be less risky than YALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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