MRGR vs SKF

Comparison between PROSHARES MERGER ETF (MRGR, ETF) and ProShares UltraShort Financials -2x Shares (SKF, ETF).

5-Year PerformanceMRGR has outperformed SKF, delivering a return of +4.0% compared to -16.0%

MRGR vs SKF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRGR(ETF)	SKF(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.75%	N/A
Max Drawdown	16.75%	99.96%
Sharpe Ratio	1.72	-0.13
5Y Beta	0.08	-1.59
P/E Ratio	41.57	N/A
Forward P/E	15.92	N/A
5Y Dividends CAGR	74.38%	63.24%
Debt to Equity	-33.40%	N/A
P/S Ratio	2.04	N/A
P/B Ratio	2.78	N/A

Net Assets

MRGR

$16M

SKF

$16M

Expense Ratio

MRGR

0.75%

SKF

N/A

Max Drawdown

Winner

MRGR

16.75%

SKF

99.96%

Sharpe Ratio

Winner

MRGR

1.72

SKF

-0.13

5Y Beta

MRGR

0.08

Winner

SKF

-1.59

P/E Ratio

MRGR

41.57

SKF

N/A

Forward P/E

MRGR

15.92

SKF

N/A

5Y Dividends CAGR

Winner

MRGR

74.38%

SKF

63.24%

Debt to Equity

MRGR

-33.40%

SKF

N/A

P/S Ratio

MRGR

2.04

SKF

N/A

P/B Ratio

MRGR

2.78

SKF

N/A

MRGR vs SKF - Historical Returns

Returns include dividend reinvestment.

Period	MRGR	SKF
1 month	+0.44%	-2.29%
3 months	+1.07%	-4.04%
6 months	+1.74%	+5.17%
1 year	+11.15%	-4.90%
5 years(CAGR)	+3.99%	-16.03%
10 years(CAGR)	+3.48%	-26.26%
Max(CAGR)	+2.17%	-27.65%

Winner

MRGR

+0.44%

SKF

-2.29%

Winner

MRGR

+1.07%

SKF

-4.04%

MRGR

+1.74%

Winner

SKF

+5.17%

Winner

MRGR

+11.15%

SKF

-4.90%

5Y(CAGR)

Winner

MRGR

+3.99%

SKF

-16.03%

10Y(CAGR)

Winner

MRGR

+3.48%

SKF

-26.26%

Max(CAGR)

Winner

MRGR

+2.17%

SKF

-27.65%

MRGR vs SKF - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	MRGR	SKF
2026	+1.84%	+10.37%
2025	+11.75%	-24.30%
2024	+5.28%	-35.90%
2023	+5.09%	-21.44%
2022	-4.84%	+19.51%
2021	+6.35%	-49.39%
2020	+1.96%	-41.89%
2019	+4.66%	-42.79%
2018	+3.41%	+15.71%
2017	+2.08%	-30.54%
2016	-1.33%	-35.77%
2015	-0.48%	-8.42%
2014	-1.43%	-28.79%
2013	-4.37%	-45.36%
2012	+1.00%	-40.87%
2011	N/A	-1.63%
2010	N/A	-33.15%
2009	N/A	-76.26%
2008	N/A	-0.96%
2007	N/A	+48.94%

MRGR vs SKF Drawdown Comparison

The maximum drawdown for MRGR was -13.23%, occurring on Mar 18, 2020. Recovery took 180 trading sessions.

The maximum drawdown for SKF was -99.96%, occurring on Jan 6, 2026. This drawdown has not yet recovered.

The current MRGR drawdown is -0.31%. The current SKF drawdown is -99.95%.

Rank	MRGR	SKF
#1	-13.23% Feb 19, 2020 - Nov 3, 2020	-99.96% Nov 20, 2008 - Jan 6, 2026
#2	-10.02% Dec 31, 2012 - Oct 24, 2019	-52.64% Jul 15, 2008 - Nov 19, 2008
#3	-8.39% Nov 9, 2021 - Mar 1, 2024	-33.69% Mar 10, 2008 - Jun 23, 2008
#4	-2.31% Feb 16, 2021 - Apr 1, 2021	-28.73% Jan 18, 2008 - Mar 6, 2008
#5	-2.10% Feb 28, 2025 - May 27, 2025	-22.48% Nov 26, 2007 - Jan 4, 2008
#6	-1.95% Jun 7, 2021 - Sep 1, 2021	-21.75% Aug 15, 2007 - Nov 2, 2007
#7	-1.69% Mar 5, 2024 - Jul 8, 2024	-15.04% Mar 13, 2007 - Jul 24, 2007
#8	-1.29% Jan 14, 2026 - Mar 31, 2026	-12.79% Aug 3, 2007 - Aug 15, 2007
#9	-1.13% Oct 31, 2024 - Jan 3, 2025	-11.89% Jul 7, 2008 - Jul 11, 2008
#10	-1.12% Jan 22, 2021 - Feb 2, 2021	-10.60% Nov 7, 2007 - Nov 19, 2007
#11	-1.01% Oct 21, 2025 - Nov 3, 2025	-8.38% Jan 8, 2008 - Jan 17, 2008
#12	-0.99% Dec 12, 2025 - Jan 13, 2026	-5.27% Mar 5, 2007 - Mar 13, 2007
#13	-0.97% Apr 23, 2026 - May 26, 2026	-4.84% Nov 21, 2007 - Nov 26, 2007
#14	-0.97% Nov 6, 2020 - Dec 3, 2020	-4.41% Feb 12, 2007 - Feb 26, 2007
#15	-0.93% Sep 2, 2025 - Sep 26, 2025	-2.82% Nov 5, 2007 - Nov 7, 2007

Correlation

Correlation between MRGR and SKF is -0.59 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.59

-101

Dividend Comparison (2007 - 2026)

MRGR vs SKF dividend yield comparison.

Year	MRGR	SKF
2026	0.20%	0.48%
2025	3.12%	5.61%
2024	3.21%	7.94%
2023	2.11%	3.93%
2022	0.61%	0.03%
2021	0.59%	0.00%
2020	0.00%	0.11%
2019	0.78%	1.28%
2018	1.39%	0.06%
2017	0.36%	0.00%
2016	0.74%	0.00%
2015	0.34%	0.00%
2014	0.67%	0.00%
2013	2.46%	0.00%
2008	0.00%	0.51%
2007	0.00%	1.92%