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First Trust Merger Arbitrage ETF (MARB)

Event Driven | Exchange Traded Fund | NYSEArca
20.88 USD +0.04 (0.212%) ⇧ (April 21, 2026, 2:57 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★☆☆
Hot Take | April 18, 2026, 10:33 p.m. EDT

stagnant: While M&A catalyst news and technical momentum (price > 50/200 SMA) offer a neutral-to-slight upside lean, the 14-day price action shows a lack of decisive directional breakout. The forecasted 0.14% move is too low to support a bullish call rating. The 2.99% yield is sustainable but not exceptional enough to serve as a strong entry driver here. The safest play is a neutral hold waiting for a clearer momentum gap.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.001628
MSTL0.001675
AutoETS0.001788
AutoARIMA0.003154

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 31%
H-stat 28.55
Ljung-Box p 0.092
Jarque-Bera p 0.000
Excess Kurtosis 5.18
Attribute Value
Trailing P/E 20.49

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.65% 3.07% 2.54%
Dividend History
Date Dividend Yield %
2025-12-12 0.133 0.646887
2025-09-25 0.489 2.426820
2024-12-13 0.194 1.012526
2024-09-26 0.162 0.850798
2024-06-27 0.065 0.348882
2023-12-22 0.148 0.772413
2023-09-22 0.249 1.311383
2023-06-27 0.046 0.248224
2022-12-23 0.200 1.071500
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.99

Info Dump

Attribute Value
All Time High 22.33
All Time Low 17.58
Ask 20.88
Ask Size 100
Average Daily Volume10 Day 7,220
Average Daily Volume3 Month 25,429
Average Volume 25,429
Average Volume10Days 7,220
Beta3 Year 0.06
Bid 20.82
Bid Size 100
Category Event Driven
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.8799
Day Low 20.8218
Dividend Yield 2.99
Eps Trailing Twelve Months 1.018784
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.72716
Fifty Day Average Change 0.1519413
Fifty Day Average Change Percent 0.0073305415
Fifty Two Week Change Percent 4.3837667
Fifty Two Week High 22.33
Fifty Two Week High Change -1.4508991
Fifty Two Week High Change Percent -0.06497533
Fifty Two Week Low 19.61
Fifty Two Week Low Change 1.2691002
Fifty Two Week Low Change Percent 0.06471699
Fifty Two Week Range 19.61 - 22.33
First Trade Date Milliseconds 1,580,913,000,000
Five Year Average Return 0.0282923
Full Exchange Name NYSEArca
Fund Family First Trust
Fund Inception Date 1,580,774,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts ("ADRs"). The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.
Long Name First Trust Merger Arbitrage ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_647262546
Nav Price 20.85
Net Assets 33,275,900.0
Net Expense Ratio 1.69
Open 20.8218
Phone (800) 621-1675
Previous Close 20.835
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.044101715
Regular Market Change Percent 0.21167131
Regular Market Day High 20.8799
Regular Market Day Low 20.8218
Regular Market Day Range 20.8218 - 20.8799
Regular Market Open 20.8218
Regular Market Previous Close 20.835
Regular Market Price 20.8791
Regular Market Time 1,776,797,846
Regular Market Volume 4,090
Short Name First Trust Merger Arbitrage ET
Source Interval 15
Symbol MARB
Three Year Average Return 0.0348762
Total Assets 33,275,900
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 20.494139
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.92188
Trailing Three Month Returns 0.92188
Triggerable 1
Two Hundred Day Average 20.630125
Two Hundred Day Average Change 0.24897575
Two Hundred Day Average Change Percent 0.012068553
Type Disp ETF
Volume 4,090
Yield 0.0299
Ytd Return 0.92188