See what your fund actually adds
ProShares Merger ETF MRGR
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MRGR | Replication |
|---|---|---|
| Annualized growth | 4.1% | 4.0% |
| Annualized volatility | 3.5% | 0.8% |
| Sharpe ratio | 1.17 | 4.98 |
| Maximum drawdown | 7.4% | 0.8% |
| Replication fit (R²) | 0.11 · Tracking error 3.3% | |
Replication portfolio
The published portfolio below is the investable basket used to model MRGR’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 94.6% |
| XLU | Sector · Utilities | 2.9% |
| USMV | Factor · Min Vol | 2.4% |