UPW vs MARB

Comparison between PROSHARES ULTRA UTILITIES (UPW, ETF) and FIRST TRUST MERGER ARBITRAGE ETF (MARB, ETF).

5-Year PerformanceUPW has outperformed MARB, delivering a return of +10.2% compared to +2.6%

UPW vs MARB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UPW(ETF)	MARB(ETF)
Net Assets	$25M	$25M
Expense Ratio	N/A	1.69%
Max Drawdown	79.48%	11.99%
Sharpe Ratio	0.57	0.50
5Y Beta	0.63	0.04
P/E Ratio	20.07	N/A
Forward P/E	18.10	N/A
PEG Ratio	0.82	N/A
5Y Dividends CAGR	21.28%	N/A
5Y EPS CAGR	13.18%	N/A
Debt to Equity	124.69%	N/A
P/S Ratio	2.90	N/A
P/B Ratio	2.30	N/A

Net Assets

UPW

$25M

Winner

MARB

$25M

Expense Ratio

UPW

N/A

MARB

1.69%

Max Drawdown

UPW

79.48%

Winner

MARB

11.99%

Sharpe Ratio

Winner

UPW

0.57

MARB

0.50

5Y Beta

UPW

0.63

Winner

MARB

0.04

P/E Ratio

UPW

20.07

MARB

N/A

Forward P/E

UPW

18.10

MARB

N/A

PEG Ratio

UPW

0.82

MARB

N/A

5Y Dividends CAGR

UPW

21.28%

MARB

N/A

5Y EPS CAGR

UPW

13.18%

MARB

N/A

Debt to Equity

UPW

124.69%

MARB

N/A

P/S Ratio

UPW

2.90

MARB

N/A

P/B Ratio

UPW

2.30

MARB

N/A

UPW vs MARB - Holdings Comparison

UPW and MARB have 1 common holdings. Overlap is 0.00%

UPW's top 25 holdings weight is 90.61%. MARB's top 25 holdings weight is 99.99%.

Rank	UPW	MARB
#1	CASH (n/a) - 13.60%	DREYFUS GOVT CM INST 289 (n/a) - 63.20%
#2	NEXTERA ENERGY INC (NEE) - 9.86%	ELECTRONIC ARTS INC (EA) - 4.19%
#3	UTILITIES SELECT SECTOR INDEX SWAP (n/a) - 9.14%	SELECT MEDICAL HOLDINGS CORP (SEM) - 4.04%
#4	SOUTHERN CO (SO) - 5.45%	MASIMO CORP (MASI) - 3.80%
#5	CTE PROSHARES TRUST M (n/a) - 5.37%	TALKSPACE INC ORDINARY SHARES (TALK) - 3.77%
#6	DUKE ENERGY CORP (DUK) - 5.09%	BRIGHTHOUSE FINANCIAL INC REGISTERED SHS WHEN ISSUED (BHF) - 3.58%
#7	CONSTELLATION ENERGY CORP (CEG) - 4.27%	CLEARWATER ANALYTICS HOLDINGS INC CLASS A (CWAN) - 3.41%
#8	AMERICAN ELECTRIC POWER CO INC (AEP) - 3.66%	VERIS RESIDENTIAL INC (n/a) - 3.29%
#9	SEMPRA (SRE) - 3.13%	CLEAR CHANNEL OUTDOOR HOLDINGS INC ORDINARY SHARES (CCO) - 3.28%
#10	DOMINION ENERGY INC (D) - 3.06%	KENNEDY-WILSON HOLDINGS INC (KW) - 2.84%
#11	ENTERGY CORP (ETR) - 2.63%	DIGITALBRIDGE GROUP INC CLASS A (DBRG) - 2.38%
#12	XCEL ENERGY INC (XEL) - 2.48%	PROASSURANCE CORP (PRA) - 1.43%
#13	EXELON CORP (EXC) - 2.40%	CASH (n/a) - 0.78%
#14	VISTRA CORP (VST) - 2.25%	CHINOOK THERAPEUTICS CVR (n/a) - 0.00%
#15	CONSOLIDATED EDISON INC (ED) - 2.05%	CONTRA METSERA INC (n/a) - 0.00%
#16	PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) - 2.03%	CONTRA MIRATI THERAPEUTICS CVR (n/a) - 0.00%
#17	WEC ENERGY GROUP INC (WEC) - 1.91%	ICOSAVAX INC CVR (n/a) - 0.00%
#18	PG&E CORP (PCG) - 1.90%	HOLOGIC INC- CVR (n/a) - 0.00%
#19	AMEREN CORP (AEE) - 1.58%	PARAGON 28 INC CVR (n/a) - 0.00%
#20	DTE ENERGY CO (DTE) - 1.56%	WALGREENS BOOTS ALLIANCE INC (n/a) - 0.00%
#21	ATMOS ENERGY CORP (ATO) - 1.55%	N/A
#22	CENTERPOINT ENERGY INC (CNP) - 1.46%	N/A
#23	EDISON INTERNATIONAL (EIX) - 1.43%	N/A
#24	NRG ENERGY INC (NRG) - 1.38%	N/A
#25	PPL CORP (PPL) - 1.37%	N/A
Total Holdings	34	20

UPW vs MARB - Historical Returns

Returns include dividend reinvestment.

Period	UPW	MARB
1 month	-8.84%	+0.20%
3 months	-11.26%	+0.82%
6 months	+4.13%	+1.52%
1 year	+17.94%	+6.07%
5 years(CAGR)	+10.17%	+2.64%
10 years(CAGR)	+10.16%	N/A
Max(CAGR)	+9.62%	+2.02%

UPW

-8.84%

Winner

MARB

+0.20%

UPW

-11.26%

Winner

MARB

+0.82%

Winner

UPW

+4.13%

MARB

+1.52%

Winner

UPW

+17.94%

MARB

+6.07%

5Y(CAGR)

Winner

UPW

+10.17%

MARB

+2.64%

10Y(CAGR)

UPW

+10.16%

MARB

N/A

Max(CAGR)

Winner

UPW

+9.62%

MARB

+2.02%

UPW vs MARB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	UPW	MARB
2026	+3.54%	+1.50%
2025	+21.51%	+7.15%
2024	+33.90%	+0.87%
2023	-22.32%	+2.02%
2022	-2.69%	+4.08%
2021	+39.41%	+0.32%
2020	-14.91%	-2.35%
2019	+53.17%	N/A
2018	+4.02%	N/A
2017	+23.11%	N/A
2016	+32.68%	N/A
2015	-13.24%	N/A
2014	+60.35%	N/A
2013	+25.28%	N/A
2012	+2.09%	N/A
2011	+33.79%	N/A
2010	+10.71%	N/A
2009	+14.29%	N/A
2008	-58.09%	N/A
2007	+26.28%	N/A

UPW vs MARB Drawdown Comparison

The maximum drawdown for UPW was -77.75%, occurring on Mar 9, 2009. Recovery took 1557 trading sessions.

The maximum drawdown for MARB was -11.99%, occurring on Mar 18, 2020. Recovery took 545 trading sessions.

The current UPW drawdown is -14.32%.

Rank	UPW	MARB
#1	-77.75% Dec 10, 2007 - Feb 18, 2014	-11.99% Feb 21, 2020 - Apr 20, 2022
#2	-62.67% Feb 18, 2020 - Apr 1, 2022	-3.67% Dec 21, 2023 - Dec 24, 2024
#3	-49.41% Sep 12, 2022 - Sep 30, 2024	-3.45% Feb 23, 2023 - Aug 28, 2023
#4	-31.05% Jan 29, 2015 - Mar 16, 2016	-3.19% Apr 20, 2022 - Aug 10, 2022
#5	-29.26% Apr 8, 2022 - Aug 15, 2022	-2.43% Jul 14, 2025 - Jul 22, 2025
#6	-26.93% Nov 14, 2017 - Dec 3, 2018	-1.80% Feb 28, 2025 - Apr 28, 2025
#7	-25.06% May 21, 2007 - Dec 5, 2007	-1.71% Nov 1, 2022 - Feb 22, 2023
#8	-24.64% Jul 6, 2016 - May 23, 2017	-1.28% Sep 13, 2022 - Oct 24, 2022
#9	-22.91% Nov 27, 2024 - Jul 21, 2025	-1.23% Oct 30, 2025 - Nov 7, 2025
#10	-19.15% Feb 27, 2026 - Jun 1, 2026	-1.15% Jan 24, 2025 - Feb 13, 2025
#11	-18.94% Oct 15, 2025 - Feb 24, 2026	-1.14% Oct 17, 2023 - Dec 8, 2023
#12	-18.13% Jun 30, 2014 - Oct 24, 2014	-1.01% Apr 6, 2026 - Apr 9, 2026
#13	-17.57% Dec 13, 2018 - Feb 22, 2019	-0.91% Aug 21, 2025 - Oct 2, 2025
#14	-12.37% Oct 16, 2024 - Nov 26, 2024	-0.82% Jan 23, 2026 - Apr 1, 2026
#15	-11.25% Sep 26, 2019 - Jan 15, 2020	-0.79% Nov 7, 2025 - Nov 11, 2025

Correlation

Correlation between UPW and MARB is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2007 - 2026)

UPW vs MARB dividend yield comparison.

Year	UPW	MARB
2026	0.30%	0.00%
2025	1.67%	3.01%
2024	1.83%	2.11%
2023	2.40%	2.20%
2022	1.55%	0.99%
2021	1.30%	0.00%
2020	0.83%	0.00%
2019	0.83%	0.00%
2018	1.98%	0.00%
2017	1.51%	0.00%
2016	1.70%	0.00%
2015	2.16%	0.00%
2014	1.70%	0.00%
2013	2.24%	0.00%
2012	1.90%	0.00%
2011	1.79%	0.00%
2010	2.63%	0.00%
2009	2.42%	0.00%
2008	3.71%	0.00%
2007	7.03%	0.00%