Summary
MARB
Prices · period metrics · 12M
NAV as of 10/07/2026
02/04/2025 → 02/04/2026
Return 4.17% Volatility 5.32% Sharpe 0.68
Official loaded data — not a live quote.

FIRST TRUST MERGER ARBITRAGE ETF

Symbol: MARB

Exchange: NYSE

Sector: Healthcare

Category: Event Driven

Inception date: 04/02/2020

Latest date: 10/07/2026

Current price: $20.87

Expense ratio: 0.95%

Assets under management
$19.9M
1.41% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-0.29%

Ann. 4.05% (Sharpe / Sortino numerator)

Volatility

3.91%

Sharpe ratio

0.106

VaR 95%

-0.28%

CVaR 95%: -0.42%
Max drawdown: -0.77%
Sortino ratio: 0.182
Calmar ratio: 5.24

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.43%

Ann. 3.19% (Sharpe / Sortino numerator)

Volatility

2.84%

Sharpe ratio

-0.153

VaR 95%

-0.22%

CVaR 95%: -0.33%
Max drawdown: -0.82%
Sortino ratio: -0.246
Calmar ratio: 3.90

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.82%

Ann. 5.88% (Sharpe / Sortino numerator)

Volatility

4.49%

Sharpe ratio

0.501

VaR 95%

-0.27%

CVaR 95%: -0.53%
Max drawdown: -1.23%
Sortino ratio: 0.734
Calmar ratio: 4.78

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

4.17%

Ann. 7.24% (Sharpe / Sortino numerator)

Volatility

5.32%

Sharpe ratio

0.679

VaR 95%

-0.32%

CVaR 95%: -0.70%
Max drawdown: -2.43%
Sortino ratio: 0.848
Calmar ratio: 2.98

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

10.62%

Ann. 5.06% (Sharpe / Sortino numerator)

Volatility

4.51%

Sharpe ratio

0.318

VaR 95%

-0.35%

CVaR 95%: -0.61%
Max drawdown: -2.43%
Sortino ratio: 0.413
Calmar ratio: 2.09

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

12.11%

Ann. 3.57% (Sharpe / Sortino numerator)

Volatility

4.25%

Sharpe ratio

-0.014

VaR 95%

-0.36%

CVaR 95%: -0.59%
Max drawdown: -3.67%
Sortino ratio: -0.018
Calmar ratio: 0.97

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 10/07/2025 - 10/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.017%

Best day

2.216%

17/07/2025
Worst day

-2.252%

16/07/2025
Days with data

247

Recent price history (last 90 days)

Date Open High Low Close Volume
10/07/2026 $20.58 $20.88 $20.58 $20.87 26,014
02/07/2026 $20.78 $20.89 $20.53 $20.76 17,854
01/07/2026 $20.49 $20.70 $20.49 $20.67 42,979
30/06/2026 $20.70 $20.70 $20.61 $20.64 5,942
29/06/2026 $20.71 $20.86 $20.64 $20.64 1,624
26/06/2026 $20.82 $20.82 $20.66 $20.66 6,141
25/06/2026 $20.94 $20.94 $20.94 $20.94 0
24/06/2026 $20.92 $20.95 $20.92 $20.94 941
23/06/2026 $22.00 $22.89 $20.13 $21.00 4,686
22/06/2026 $20.93 $20.94 $20.81 $20.81 21,441