ARB vs. CNCR ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Loncar Cancer Immunotherapy ETF (CNCR)

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

$27.95

Average Daily Volume

8,778

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CNCR

Loncar Cancer Immunotherapy ETF

CNCR Description

ETF Series Solutions - Loncar Cancer Immunotherapy ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Exchange Traded Concepts, LLC and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the pharmaceutical or biotechnology sectors, including those companies identified as having a high strategic focus on the development of drugs that harness the body's own immune system to fight cancer. It invests in stocks of companies across all market capitalizations. The fund seeks to replicate the performance of the Loncar Cancer Immunotherapy Index, by investing in stocks of companies as per their weightings in the index. ETF Series Solutions - Loncar Cancer Immunotherapy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.74

Average Daily Volume

3,771

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARB	CNCR
30 Days	0.67%	0.07%
60 Days	1.19%	-2.25%
90 Days	2.09%	3.58%
12 Months	6.56%	45.65%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARB	Weight in CNCR	Overlap

ARB Overweight 44 Positions Relative to CNCR

Symbol	Grade	Weight
MRO	C	2.76%
RCM	A	2.73%
CTLT	D	2.72%
HCP	A	2.72%
SPR	C	2.68%
K	A	2.67%
JNPR	A	2.66%
ANSS	C	2.57%
INFN	B	2.27%
SRCL	A	2.19%
CHX	F	2.19%
ENV	A	2.17%
SILK	A	2.16%
PETQ	A	2.14%
EVRI	A	2.13%
RVNC	C	2.07%
HA	A	2.02%
HES	B	1.95%
DFS	A	1.9%
X	C	1.85%
DO	D	1.83%
ALE	A	1.81%
PRFT	A	1.81%
PWSC	C	1.81%
AXNX	A	1.81%
INST	A	1.79%
VZIO	C	1.78%
AMK	B	1.78%
GTHX	A	1.72%
SRDX	D	1.4%
FBMS	B	1.16%
HTLF	A	1.15%
BALY	A	1.14%
CHUY	B	1.13%
TWKS	A	1.11%
MGRC	A	1.07%
ITI	A	1.07%
SWN	C	0.94%
CALT	C	0.58%
AAN	B	0.56%
CNSL	A	0.54%
AGS	A	0.53%
HAYN	A	0.53%
SRCL	A	0.5%

ARB Underweight 67 Positions Relative to CNCR

Symbol	Grade	Weight
BMEA	D	-1.91%
TYRA	F	-1.89%
ELVN	B	-1.75%
HCM	C	-1.74%
ACLX	B	-1.55%
REPL	B	-1.55%
MGNX	C	-1.55%
YMAB	A	-1.54%
AURA	B	-1.54%
AUTL	D	-1.51%
KPTI	C	-1.5%
RVMD	A	-1.47%
BMY	A	-1.43%
DAWN	A	-1.42%
TSVT	D	-1.42%
ARVN	C	-1.42%
MRUS	C	-1.41%
MRSN	D	-1.41%
JANX	A	-1.4%
EXEL	A	-1.39%
RPTX	C	-1.39%
RCUS	F	-1.38%
IGMS	B	-1.37%
BCYC	D	-1.37%
SNDX	F	-1.37%
KYMR	C	-1.36%
XNCR	A	-1.35%
IOVA	B	-1.35%
ALLO	D	-1.35%
GNLX	C	-1.32%
BPMC	C	-1.32%
ACRV	B	-1.32%
IMCR	F	-1.31%
NRIX	B	-1.31%
ACET	F	-1.3%
CRBU	D	-1.28%
STRO	D	-1.28%
RXRX	F	-1.28%
PGEN	F	-1.27%
GERN	C	-1.26%
LYEL	F	-1.25%
CGEM	F	-1.24%
SDGR	F	-1.23%
RAPT	D	-1.23%
ERAS	C	-1.23%
MRK	F	-1.22%
ZNTL	D	-1.22%
BNTX	B	-1.21%
IPHA	D	-1.18%
GLUE	A	-1.17%
LEGN	F	-1.16%
GMAB	F	-1.15%
NUVL	D	-1.13%
FHTX	C	-1.11%
REGN	F	-1.1%
KURA	F	-1.1%
SWTX	D	-1.09%
IDYA	F	-1.08%
RLAY	F	-1.05%
FATE	F	-1.03%
IMRX	D	-1.02%
NUVB	F	-1.02%
ITOS	F	-0.99%
IMTX	F	-0.99%
VOR	D	-0.94%
SMMT	C	-0.92%
PRLD	F	-0.85%

CNCR: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Health Information Services Long-Term Care Facilities