Merger ETF - MRGR Merger ETF

ProShares Merger ETF seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index.

  • Offers a rules-based approach for executing a merger arbitrage strategy.
  • Designed to provide an alternative source of returns not correlated to a portfolio's equity market holdings.
  • Has the goal of producing consistent, positive returns under virtually any market conditions.
  • Can help diversify a portfolio by providing a liquid, low volatility component for the alternative investments allocation.
  • Visit Alternatives University to learn about the role of alternative investments in a portfolio.
  • Note: NAV calculations for ProShares Merger ETF can be affected by market closings. Learn more.

Month-End Total Returns as of 11/30/17

  1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr Inception Inception Date Exp. Ratio Net Exp.1
NAV 0.55% 0.63% 1.82% 1.74% 2.20% 0.48% -- -- -1.23% 12/11/12 2.60% 0.75%
Market Price -0.25% -0.28% 0.53% 0.59% 0.27% 0.02% -- -- -1.37% 12/11/12 2.60% 0.75%

Quarter-End Total Returns as of 9/30/17

  1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr Inception Inception Date Exp. Ratio Net Exp.1
NAV -0.25% -0.12% 1.82% 1.19% -0.06% -0.28% -- -- -1.36% 12/11/12 2.60% 0.75%
Market Price -0.77% -0.52% 2.37% 0.84% 0.29% -0.44% -- -- -1.34% 12/11/12 2.60% 0.75%

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance.

MRGR Current Quote and Chart

Since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

1 The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please view the Overview tab above.