MARB:NYE-First Trust Vivaldi Merger Arbitrage ETF (USD)

ETF | Others |

Last Closing

USD 19.661

Change

-0.03 (-0.16)%

Market Cap

USD 0.03B

Volume

2.60K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs). The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-15 )

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ETFs Containing MARB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.48% 11% F 23% F
Dividend Return 1.13% 25% F 21% F
Total Return -1.35% 9% A- 21% F
Trailing 12 Months  
Capital Gain -2.02% 10% F 18% F
Dividend Return 1.87% 35% F 27% F
Total Return -0.15% 8% B- 17% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 0.44% 40% F 35% F
Dividend Return 0.84% 35% F 27% F
Total Return 0.40% 24% F 10% F
Risk Return Profile  
Volatility (Standard Deviation) 1.38% 98% N/A 99% N/A
Risk Adjusted Return 60.74% 72% C 77% C+
Market Capitalization 0.03B 38% F 14% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.