First Trust Merger Arbitrage ETF

The First Trust Merger Arbitrage ETF’s (the “Fund”) investment objective is to seek to provide investors with capital appreciation.

$20.97

Key Metrics

TER 169.00% per year
Distribution policy Distributing
Fund size USD 39 M
Inception date February 4, 2020
Holdings 27
Fund currency USD
Fund domicile US
Provider First Trust
For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
Merger Arbitrage ETF MARB
Fund Size
$41.8M
Dividend
4.7%
Fees
169.00%

Historical Return

Last updated: Jun 01, 2026
1 Year +2.9% +4.7% Div
3 Years (avg.) +1.9% +4.7% Div
5 Years (avg.) +1.0% +4.7% Div

Risk & Analysis Metrics

Last updated: Jun 01, 2026

Volatility

6.34% 1 Year
4.81% 3 Years
4.67% 5 Years
5.27% 10 Years

Max Drawdown

-3.76% 1 Year
-4.65% 3 Years
-4.79% 5 Years
-9.88% 10 Years

Sharpe Ratio

-0.25 1 Year
-0.50 3 Years
-0.68 5 Years
-0.66 10 Years

Return Triangle (Heatmap)

Last updated: Jun 01, 2026
2020 2021 2022 2023 2024 2025
2020 -2.4% -1.0% 0.3% 0.2% -0.1% 0.5%
2021 0.3% 1.7% 1.1% 0.5% 1.1%
2022 3.1% 1.4% 0.5% 1.3%
2023 -0.2% -0.7% 0.8%
2024 -1.2% 1.3%
2025 3.8%

Distributions

*by ETF Portfolio Weight Last updated: Jun 01, 2026

Profit Margin Distribution

< 0%
36%
1y 3y N/A N/A
0 - 5%
10%
1y 3y N/A N/A
5 - 10%
9%
1y 3y N/A N/A
10 - 15%
11%
1y 3y N/A N/A
15 - 20%
17%
1y 3y N/A N/A
20 - 30%
7%
1y 3y N/A N/A
30 - 40%
10%
1y 3y N/A N/A
> 40%
0%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
36%
1y 3y N/A N/A
0 - 10
7%
1y 3y N/A N/A
10 - 15
0%
1y 3y N/A N/A
15 - 20
8%
1y 3y N/A N/A
20 - 25
10%
1y 3y N/A N/A
25 - 35
9%
1y 3y N/A N/A
35 - 50
9%
1y 3y N/A N/A
> 50
21%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.0%
1y 3y N/A N/A
Small Cap
26.3%
1y 3y N/A N/A
Mid Cap
36.4%
1y 3y N/A N/A
Large Cap
37.3%
1y 3y N/A N/A
Mega Cap
0.0%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jun 01, 2026
48.6% Top 5 Holdings
90.2% Top 10 Holdings
100.0% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
EA Electronic Arts, Inc.
10.7%
CFLT Confluent Inc
9.6%
JAMF Jamf Holding Corp
9.5%
HI Hillenbrand Inc
9.5%
ALEX Alexander & Baldwin Inc.
9.4%

Latest News

6 months ago • schaeffersresearch.com

Tech Leads Nasdaq Futures Higher After Winning Week

Stock futures are quietly higher before the bell, with tech stocks appearing stable to start a pivotal trading week

6 months ago • businesswire.com

CFLT Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Confluent, Inc. is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Confluent, Inc. (NASDAQ: CFLT) to IB...

9 months ago • businessinsider.com

Blockbuster Electronic Arts deal lifts Wall Street's spirits, but hiring remains spotty

Electronic Arts' $55 billion sale is a boon for Wall Street's biggest banks. Investment bank hiring remains spotty and selective, however, with sen...

Average metrics of all companies in portfolio

Last updated: Jun 07, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $11.3B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 1.20% 2.03%
Beta Indicates the relationship between the price performance of a share and the market. 0.93 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 36.02 27.97
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -55.0 -
Profitable Companies 63% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 68.25 15.45
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 4.72 8.31
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 4.34 10.5
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT -0.16 20.69
Enterprise Value to Revenue Enterprise value divided by revenue 4.68 8.08
Total Debt to Enterprise Value Total debt divided by enterprise value 0.31 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. 0.64 0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 6.39% 21.02%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. -17.8% -114.4%
Return on Equity Equity divided by market cap. 4.01% 3.05%
Return on Assets Indicates a company's profitability in relation to its total assets. 1.14% 4.31%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 4.06% 3.97%

Sectors

Information 16.5%
Manufacturing 7.5%
Real Estate and Rental and Leasing 7.0%
Professional, Scientific, and Technical Services 6.0%
Finance and Insurance 5.4%
Mining, Quarrying, and Oil and Gas Extraction 0.0%
Retail Trade 0.0%
Other 57.6%

Countries

Other 67.3%
United States 32.7%

Stock Screener

Select filters to narrow down the 20 investments below

20 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap $50.97B
P/E Ratio 57.3
Dividends 0.4%
Total Investment $1.78M
Weight 4.54%

Loading details…

Market Cap $11.08B
P/E Ratio -36.9
Dividends 0.0%
Total Investment $1.6M
Weight 4.06%

Loading details…

Market Cap $1.75B
P/E Ratio -42.0
Dividends 0.0%
Total Investment $1.58M
Weight 4.02%

Loading details…

Market Cap $2.26B
P/E Ratio 65.7
Dividends 2.8%
Total Investment $1.58M
Weight 4.01%

Loading details…

Loading details…

Market Cap $3.62B
P/E Ratio -56.0
Dividends 0.0%
Total Investment $1.54M
Weight 3.92%

Loading details…

Market Cap $2.3B
P/E Ratio 35.2
Dividends 1.6%
Total Investment $1.52M
Weight 3.87%

Loading details…

Market Cap $16.97B
P/E Ratio 31.4
Dividends 0.0%
Total Investment $1.38M
Weight 3.51%

Loading details…

Market Cap $1.02B
P/E Ratio 17.4
Dividends 2.0%
Total Investment $1.3M
Weight 3.31%

Loading details…

Loading details…

Loading details…

Loading details…

Market Cap $7.85B
P/E Ratio 14.7
Dividends 2.8%
Total Investment $1.13M
Weight 2.88%

Loading details…

Market Cap $1.28B
P/E Ratio 19.5
Dividends 0.0%
Total Investment $593.68K
Weight 1.51%

Loading details…

Loading details…

Market Cap $10.37B
P/E Ratio -3.4
Dividends 4.2%
Total Investment $0
Weight 0.00%

Loading details…

Market Cap $2.71B
P/E Ratio -14.1
Dividends 0.0%
Total Investment $0
Weight 0.00%

Loading details…

Market Cap $4.12B
P/E Ratio -4.5
Dividends 0.0%
Total Investment $0
Weight 0.00%

Loading details…

Market Cap $35.52B
P/E Ratio 14.8
Dividends 3.5%
Total Investment $-1.16M
Weight -2.96%

Loading details…

Market Cap $2.34B
P/E Ratio 16.5
Dividends 0.9%
Total Investment $-1.3M
Weight -3.32%

Loading details…