Summary
NYLI Merger Arbitrage ETF is an ETF - a fund traded on an exchange like a stock - run by NY Life Investments. Positions inside: 77. The ten largest make up 37% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $264.7M
- Positions
- 77
- Dividends
- Reinvested
- Running since
- 2009
What speaks for it
- It has been running since 2009.
What to watch
Nothing here calls for caution.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.1%
- 3 months
- +0.9%
- This year
- +3.1%
- 1 year
- +3.0%
- 3 years
- +18%
- 5 years
- +12%
- 10 years
- +27%
- Avg. market cap
- $9.34B
- P/E
- 21.1x
- Forward P/E
- 15.0x
- P/S
- 1.5x
- P/B
- 2.5x
- P/FCF
- 13.1x
- EV/EBITDA
- 13.1x
- Dividend yield
- 1.42%
- ROIC
- 4.7%
- ROE
- 8.1%
- Gross margin
- 41.6%
- Operating margin
- 10.8%
- Net margin
- 12.8%
- Payout ratio
- 29.8%
- Net debt/EBITDA
- 1.6x
- Beta
- 0.01
Weighted average of the 44 largest companies, which make up 89% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 DREY INST PREF GOV MM INS 5.3%
- 2 DDominion Energy D 4.0%
- 3 KVKenvue Inc. KVUE 4.0%
- 4 RORoku, Inc. ROKU 3.6%
- 5 CZCaesars Entertainment CZR 3.6%
- 6 TEBio-Techne TECH 3.4%
- 7 OGOrganon & Co. OGN 3.4%
- 8 EQEquitable Holdings EQH 3.3%
- 9 GSGlobalstar GSAT 3.3%
- 10 SYSynaptics Incorporated SYNA 3.2%
Positions in the fund: 77. The ten largest make up 37% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Industrials 25%
- Financials 16%
- Healthcare 13%
- Communication services 11%
- Technology 8.0%
- Other 28%
By country
- United States 74%
- United Kingdom 12%
- Canada 2.9%
- Luxembourg 2.1%
- Other countries 9.0%
By company size
- Large cap 24%
- Mid cap 58%
- Small cap 17%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 89% of the fund.
Largest sector: Industrials (25%). Largest country: United States (74%). Largest size group: Mid cap (58%).
What does it cost me?
Usual costs- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
Growing slowly- A year on average, 10 years
- +2.4%
- Deepest drop
- -11%
- Yearly volatility
- 4.4%
Average yearly growth over the last ten years: 2.4%. Deepest drop in these years: 11% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
Yes- Traded a day
- $1.40M
- Shares a day
- 38K
On an average day about $1.40M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.1
- Average Bulios Score
- 53 out of 100
Weight by Bulios Fair Price
- Undervalued 39%
- Fairly valued 6.1%
- Overvalued 55%
On average the companies inside trade for 21.1 times their yearly profit. By Fair Price, 55% of the rated weight comes out as overvalued.
Counted from its largest companies (44), which make up 89% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
MR MRGR ProShares - Merger ETF | United States | 0.75% | $13.6M | +2.7% | Pays out | 35% |