{"url":"https://etfiq.com/compare/alternatives/mrgr-vs-rsba","section":"compare","title":"MRGR vs RSBA: Correlation to the S&P 500 | ETFIQ","description":"MRGR and RSBA both run event driven strategies. Over the year to Nov 4, 2026, MRGR had a correlation of +0.22 with the S&P 500 and RSBA +0.31.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, MRGR or RSBA?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Nov 4, 2026, MRGR\u2019s weekly returns had a correlation of +0.22 with the S&P 500 and RSBA\u2019s +0.31, so MRGR moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, MRGR or RSBA?","acceptedAnswer":{"@type":"Answer","text":"In the 26 weeks the S&P 500 fell, by 1.07% a week on average, MRGR averaged \u22120.01% and RSBA \u22120.14%, so MRGR returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, MRGR or RSBA?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, MRGR finished 0.7 percentage points ahead of cash and RSBA finished 3.9 percentage points behind cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, MRGR or RSBA?","acceptedAnswer":{"@type":"Answer","text":"MRGR charges 0.75% a year and RSBA charges 1.01%, so MRGR is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Alternatives ETFs","item":"https://etfiq.com/alternatives/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"MRGR vs RSBA","item":"https://etfiq.com/compare/alternatives/mrgr-vs-rsba"}]},{"@type":"WebPage","name":"MRGR vs RSBA: Correlation to the S&P 500","description":"MRGR and RSBA both run event driven strategies. Over the year to Nov 4, 2026, MRGR had a correlation of +0.22 with the S&P 500 and RSBA +0.31.","url":"https://etfiq.com/compare/alternatives/mrgr-vs-rsba","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, MRGR moved less with the S&P 500 than RSBA: correlation +0.22 against +0.31.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MRGR and RSBA","description":"MRGR and RSBA both run event driven strategies. Over the year to Nov 4, 2026, MRGR had a correlation of +0.22 with the S&P 500 and RSBA +0.31.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/mrgr-vs-rsba","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]}],"characters":6529,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / MRGR vs RSBA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n MRGR vs RSBA: Correlation to the S&P 500\n\n Over the year to Nov 4, 2026, MRGR moved less with the S&P 500 than RSBA: correlation +0.22 against +0.31.\n Copy this for sharing \n \n MRGR costs 0.26 points a year less; their one-year returns differ by 5.0 points.\n MRGR and RSBA at a glance. As of Nov 4, 2026. Source: ETFIQ. MRGR RSBA \n Expense ratio 0.75% 1.01% \n Net assets, MRGR as of Nov 4, 2026 and RSBA as of Jul 31, 2026 $16m $53m \n Total return, 1 year +4.3% \u22120.7% \n Hol","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, MRGR against RSBA, data as of Nov 4, 2026. https://etfiq.com/compare/alternatives/mrgr-vs-rsba","a":{"ticker":"MRGR","name":"ProShares Merger ETF","issuer":"ProShares","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, MRGR returned 4.3%. When the S&P 500 fell, it fell 1% as much.","url":"https://etfiq.com/funds/mrgr","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.22","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.05","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"1.2%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+0.7 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"2.7%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 23, 2026","value":"$0.0416","as_of":"2026-09-23","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$16m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-25","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"RSBA","name":"Return Stacked Bonds & Merger Arbitrage ETF","issuer":"Return Stacked","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, RSBA lost 0.7%, against \u22120.2% for SPTB.","url":"https://etfiq.com/funds/rsba","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.31","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.11","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"13.5%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"\u22123.9 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"3.3%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment, ex-date Dec 29, 2025","value":"$0.7029","as_of":"2025-12-29","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$53m","as_of":"2026-07-31","source":"SEC N-PORT, whole fund, as filed for Jul 31, 2026"},{"label":"Expense ratio","value":"1.01%","as_of":"2026-04-27","source":"485BPOS XBRL, Apr 27, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/alternatives/mrgr-vs-rsba"}