ARB vs. BKIV ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to BNY Mellon Innovators ETF (BKIV)
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
$26.72
Average Daily Volume
21,777
32
BKIV
BNY Mellon Innovators ETF
BKIV Description
To pursue its goal, the fund normally invests principally in equity securities of U.S. innovation-driven companies. The fund's sub-adviser considers innovation-driven companies to be (i) leading edge companies that, through their intellectual property, provide ground-breaking and/or innovative products and services that can be disruptive and transformative to existing business models and practices and (ii) business enterprises that are positively impacted by the transformation of their business models and practices through the use of such products or services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$30.33
Average Daily Volume
101
10
Performance
| Period | ARB | BKIV |
|---|---|---|
| 30 Days | -1.67% | -4.47% |
| 60 Days | -0.47% | -2.00% |
| 90 Days | -0.12% | 2.30% |
| 12 Months | 4.12% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARB | Weight in BKIV | Overlap |
|---|
ARB Overweight 32 Positions Relative to BKIV
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | 3.66% | |
| HES | A | 3.57% | |
| CTLT | C | 3.52% | |
| ANSS | C | 3.4% | |
| MDC | A | 2.74% | |
| AXNX | D | 2.74% | |
| DOOR | A | 2.7% | |
| JNPR | D | 2.68% | |
| CERE | A | 2.64% | |
| EVBG | B | 2.08% | |
| VZIO | C | 2.0% | |
| KAMN | A | 1.96% | |
| DFS | A | 1.89% | |
| CPRI | F | 1.88% | |
| SWN | A | 1.86% | |
| X | D | 1.82% | |
| SP | B | 1.39% | |
| HAYN | A | 1.39% | |
| AMED | D | 1.36% | |
| OLK | C | 1.31% | |
| HA | D | 1.29% | |
| MGRC | C | 1.01% | |
| WRK | B | 0.99% | |
| EGLE | B | 0.73% | |
| TAST | A | 0.69% | |
| NWLI | A | 0.66% | |
| CNSL | C | 0.65% | |
| CSTR | A | 0.61% | |
| TGAN | B | 0.52% | |
| ONB | B | -0.13% | |
| CHRD | A | -1.89% | |
| COF | A | -2.2% |
ARB: Top Represented Industries & Keywords
BKIV: Top Represented Industries & Keywords
Compare ETFs
