First Trust Merger Arbitrage ETF (MARB)
20.23
+0.03
(+0.13%)
USD |
NYSEARCA |
May 29, 16:00
Key Stats
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| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.74% | -0.10% | 33.42M | 10118.03 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 301.0% | -10.44M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with capital appreciation. 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 publicly-announced significant corporate event such as merger or acquisition. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Alternative Event Driven |
| Peer Group | Alternative Event Driven Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Event Driven Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 30, 2025.
Asset Allocation
As of April 30, 2025.
| Type | % Net |
|---|---|
| Cash | 57.67% |
| Stock | 42.33% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with capital appreciation. 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 publicly-announced significant corporate event such as merger or acquisition. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Alternative Event Driven |
| Peer Group | Alternative Event Driven Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Event Driven Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |