MRGR vs NTRL
ProShares Merger ETF compared with First Trust Equity Market Neutral ETF on yield, payout growth, payment schedule, cost and risk.
MRGR
ProShares Merger ETF
TTM yield · Quarterly
NTRL
First Trust Equity Market Neutral ETF
TTM yield · Quarterly
Quick take
- NTRL yields more today: 2.51% vs 0.37% (forward).
- MRGR has grown its payout faster: -22.6%/yr vs -31.4%/yr over the last 1 year.
- Both pay every quarter.
- Over the last year MRGR delivered the higher total return: +8.3% vs +5.0% (price change plus payouts).
- MRGR is cheaper to own: 0.75% vs 0.95% expense ratio.
- NTRL has the steadier distribution: consistency 57/100 vs 0/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MRGR | NTRL |
|---|---|---|
| Share price | $45.52 | $21.19 |
| TTM yield | 2.68% | 0.63% |
| Forward yield | 0.37% | 2.51% |
| Annual payout per share | $0.168 | $0.532 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 23, 2026 (est.) | Dec 11, 2026 (est.) |
| Expense ratio | 0.75% | 0.95% |
| 1-year payout growth | -22.6% | -31.4% |
| 5-year payout CAGR | +41.5% | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 0/100 | 57/100 |
| 1-year total return | +8.3% | +5.0% |
| 1-year price return | +5.5% | +4.4% |
| Size (market cap / AUM) | 15.7M | 14.2M |
| Years paying | 13.6 | 3.8 |
| Sector / category | Event Driven | Event Driven |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| MRGR | NTRL | |
|---|---|---|
| Shares | 219.7 | 472.0 |
| Income per year | $37 | $251 |
| Income per month (avg) | $3 | $21 |
At forward yields, before taxes. Model MRGR · Model NTRL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MRGR Dec 23, 2026 | Jan 6, 2027 | $0.042 | Est. |
| MRGR Mar 24, 2027 | Apr 7, 2027 | $0.042 | Est. |
| MRGR Jun 23, 2027 | Jul 7, 2027 | $0.042 | Est. |
| NTRL Dec 11, 2026 | Dec 25, 2026 | $0.133 | Est. |
| NTRL Mar 12, 2027 | Mar 26, 2027 | $0.133 | Est. |
| NTRL Jun 11, 2027 | Jun 25, 2027 | $0.133 | Est. |
Annual payouts per share
MRGRNTRL
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, MRGR or NTRL?
MRGR currently has the higher trailing yield: MRGR yields 2.68% and NTRL yields 0.63%. Yield changes daily with price, so check the live figures above.
How often do MRGR and NTRL pay?
MRGR pays every quarter and NTRL pays every quarter. MRGR's next ex-date is Dec 23, 2026 and NTRL's is Dec 11, 2026.
Which has grown its dividend faster, MRGR or NTRL?
MRGR has grown its payout faster: -22.6%/yr vs -31.4%/yr over the last 1 year.
Is MRGR or NTRL better for income?
It depends on what you are optimising for. MRGR and NTRL differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.