First Trust Vivaldi Merger Arbitrage ETF
Ticker
MARB
ISIN
US33740J203
Price
USD 20.74
Change Today
+0.02 / 0.077 %
Price 1 year ago
20.70 / 0.193 %
Morningstar
-
52 Week Low
20.68
52 Week High
20.74
200 Day Moving Average 20.71
20.71
50-day Moving Average
20.71
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|
1 year
| Parameter | Value |
|---|
History
| Parameter | Value |
|---|---|
| Average Annual Return | 0.23% |
| Average Annual Volatility | 0.465% |
| Sharpe Ratio | 0.49 |
| Sortino Ratio | -2.76 |
| Maximum Drawdown | -0.0% |
| Maximum Drawdown Date | 2026-02-10 |
| Calmar Ratio | -12.81 |
Company information
Summary
The investment 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 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.
Market
US
Category
Event Driven
Expense Ratio
2.23%
Fund family
First Trust
Morningstar
-
Yield
-
Exchange
PCX
| Sector | Weight |
|---|---|
| Technology | 25.07% |
| Healthcare | 9.12% |
| Realestate | 6.43% |
| Financial services | 5.81% |
| Industrials | 5.63% |
| Consumer defensive | 4.33% |
| Consumer cyclical | 4.22% |
| Utilities | 3.96% |
| Communication services | 3.28% |
| Basic materials | 2.50% |
| Energy | 0.00% |
| Country | Ratio |
|---|---|
| United States | 100.00 |
| Canada | 0.00 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Chile | 0.00 |
| China | 0.00 |
| Colombia | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| WORK | Slack Technologies Inc Class A | 6.06% |
| NUAN | Nuance Communications Inc | 5.3% |
| KNL | Knoll Inc | 5.15% |
| ADI | Analog Devices Inc | 4.85% |
| TLND | Talend SA ADR | 4.8% |
| MXIM | Maxim Integrated Products Inc | 4.7% |
| APO | Apollo Global Management Inc Class A | 4.6% |
| WTRE | Watford Holdings Ltd | 4.53% |
| PRA Health Sciences Inc | 4.48% | |
| ATH | Athene Holding Ltd Class A | 4.37% |
Alternative funds
NoneSustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend. - Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend. - Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction. - Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend. - Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce. - Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk. - Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.