FCG vs. ARB ETF Comparison
Comparison of First Trust ISE-Revere Natural Gas (FCG) to AltShares Merger Arbitrage ETF (ARB)
FCG
First Trust ISE-Revere Natural Gas
FCG Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE-REVERE Natural Gas Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index comprised of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$27.48
Average Daily Volume
197,325
40
ARB
AltShares Merger Arbitrage ETF
ARB Description
AltShares Trust - AltShares Merger Arbitrage ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund employs long/short strategy and uses derivatives such as futures, forwards, swaps to create its portfolio. AltShares Trust - AltShares Merger Arbitrage ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$26.85
Average Daily Volume
19,220
32
Performance
| Period | FCG | ARB |
|---|---|---|
| 30 Days | 1.59% | 0.45% |
| 60 Days | 5.34% | -0.72% |
| 90 Days | 13.93% | 0.34% |
| 12 Months | 25.98% | 8.22% |
FCG Overweight 37 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| WES | B | 4.38% | |
| HESM | B | 4.25% | |
| COP | D | 3.97% | |
| EOG | C | 3.93% | |
| DVN | D | 3.79% | |
| OXY | D | 3.73% | |
| FANG | C | 3.59% | |
| CTRA | B | 3.42% | |
| MRO | D | 3.32% | |
| AR | A | 3.31% | |
| EQT | C | 3.29% | |
| APA | F | 2.97% | |
| CHK | B | 2.93% | |
| OVV | D | 2.91% | |
| PR | D | 2.86% | |
| MUR | D | 2.63% | |
| RRC | B | 2.55% | |
| MTDR | D | 2.46% | |
| CIVI | C | 2.26% | |
| SM | D | 2.24% | |
| CNX | B | 2.09% | |
| WDS | F | 1.95% | |
| MGY | C | 1.93% | |
| NOG | D | 1.82% | |
| NFG | B | 1.76% | |
| CRK | C | 1.34% | |
| KOS | D | 1.34% | |
| GPOR | C | 1.14% | |
| TALO | F | 0.94% | |
| CRGY | C | 0.8% | |
| SBOW | C | 0.78% | |
| SD | D | 0.58% | |
| TELL | F | 0.42% | |
| WTI | F | 0.31% | |
| GRNT | D | 0.26% | |
| REI | D | 0.2% | |
| REPX | F | 0.09% |
FCG Underweight 29 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | -3.66% | |
| CTLT | D | -3.52% | |
| ANSS | D | -3.4% | |
| MDC | A | -2.74% | |
| AXNX | D | -2.74% | |
| DOOR | A | -2.7% | |
| JNPR | D | -2.68% | |
| CERE | D | -2.64% | |
| EVBG | C | -2.08% | |
| VZIO | D | -2.0% | |
| KAMN | A | -1.96% | |
| DFS | C | -1.89% | |
| CPRI | F | -1.88% | |
| X | F | -1.82% | |
| SP | B | -1.39% | |
| HAYN | D | -1.39% | |
| AMED | C | -1.36% | |
| OLK | C | -1.31% | |
| HA | C | -1.29% | |
| MGRC | D | -1.01% | |
| WRK | A | -0.99% | |
| EGLE | B | -0.73% | |
| TAST | A | -0.69% | |
| NWLI | C | -0.66% | |
| CNSL | C | -0.65% | |
| CSTR | A | -0.61% | |
| TGAN | B | -0.52% | |
| ONB | B | --0.13% | |
| COF | C | --2.2% |
FCG: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
Compare ETFs
