FIRST TRUST MERGER ARBITRAGE ETF

Symbol: MARB

Exchange: NYSE ARCA

Sector: Healthcare

Category: Event Driven

Inception Date: 04/02/2020

Latest Date: 02/04/2026

Current Price: $20.76

Expense Ratio: 1.69%

Assets Under Management
$33.3M
0.34% daily change

Period Performance

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

Adjusted Return
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Performance Metrics

Return

0.36%

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
Return

0.78%

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
Return

2.88%

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
Return

7.21%

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
Return

10.34%

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
Return

11.06%

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

Daily Returns for Period 12M

Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.

Methodology: adjusted prices + daily simple return
Average Daily Return

0.028%

Best Day

2.214%

17/07/2025
Worst Day

-2.252%

16/07/2025
Days with Data

251

Recent Price History (Last 90 Days)

Date Open High Low Close Volume
02/04/2026 $20.69 $20.82 $20.69 $20.76 9,300
01/04/2026 $20.82 $20.82 $20.76 $20.76 93,500
31/03/2026 $20.67 $20.82 $20.67 $20.70 53,200
30/03/2026 $20.64 $20.80 $20.64 $20.73 520,800
27/03/2026 $20.70 $20.77 $20.70 $20.71 25,400
26/03/2026 $20.61 $20.78 $20.61 $20.71 4,700
25/03/2026 $20.70 $20.77 $20.64 $20.64 9,600
24/03/2026 $20.70 $20.76 $20.70 $20.70 12,900
23/03/2026 $20.68 $20.84 $20.68 $20.74 10,000
20/03/2026 $20.69 $20.75 $20.63 $20.66 42,700