ALTY vs. ARB ETF Comparison
Comparison of Global X SuperDividend Alternatives ETF (ALTY) to AltShares Merger Arbitrage ETF (ARB)
ALTY
Global X SuperDividend Alternatives ETF
ALTY Description
The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx SuperDividend® Alternatives Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is comprised of securities that rank among the highest dividend yielding securities in each eligible category of alternative income investments, at the time of index reconstitution, as defined by the index provider. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$11.99
Average Daily Volume
9,360
19
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
$27.79
Average Daily Volume
10,699
40
Performance
| Period | ALTY | ARB |
|---|---|---|
| 30 Days | 2.86% | 1.05% |
| 60 Days | 8.06% | 2.03% |
| 90 Days | 6.83% | 2.88% |
| 12 Months | 23.38% | 5.90% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ALTY | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| ALE | A | 1.24% | 2.09% | 1.24% |
ALTY Underweight 39 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HCP | A | -3.33% | |
| HES | D | -3.31% | |
| ANSS | D | -3.06% | |
| HIBB | A | -2.69% | |
| PRFT | A | -2.69% | |
| EDR | A | -2.67% | |
| CHX | C | -2.56% | |
| ETRN | D | -2.51% | |
| JNPR | C | -2.31% | |
| CTLT | A | -2.24% | |
| AXNX | A | -2.09% | |
| VZIO | A | -1.99% | |
| X | F | -1.89% | |
| CERE | A | -1.88% | |
| HTLF | B | -1.88% | |
| SWN | D | -1.85% | |
| AMK | B | -1.83% | |
| DFS | A | -1.77% | |
| CPRI | C | -1.75% | |
| AMED | D | -1.45% | |
| MGRC | D | -1.36% | |
| AGS | A | -1.32% | |
| HAYN | B | -1.31% | |
| NWLI | A | -1.28% | |
| HA | B | -1.23% | |
| WRK | C | -0.94% | |
| SBOW | D | -0.82% | |
| OSG | A | -0.67% | |
| IBTX | B | -0.67% | |
| OLK | A | -0.62% | |
| SRCL | B | -0.6% | |
| CNSL | A | -0.57% | |
| CRGY | B | --0.49% | |
| UMBF | C | --0.59% | |
| SSB | C | --0.68% | |
| SNPS | F | --1.86% | |
| CHK | C | --1.94% | |
| CHRD | F | --2.18% | |
| EQT | C | --2.53% |
ALTY: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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