ARB vs. DRLL ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to Strive U.S. Energy ETF (DRLL)
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
15,135
30
DRLL
Strive U.S. Energy ETF
DRLL Description
Strive U.S. Energy ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Strive Asset Management, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across energy sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive United States Energy Regulated Capped Index, by using full replication technique. Strive U.S. Energy ETF was formed on August 9, 2022 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$30.21
Average Daily Volume
62,362
10
Performance
| Period | ARB | DRLL |
|---|---|---|
| 30 Days | -0.49% | -0.13% |
| 60 Days | 0.01% | -5.21% |
| 90 Days | -1.65% | -2.52% |
| 12 Months | 5.82% | 16.01% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ARB | Weight in DRLL | Overlap | |
|---|---|---|---|---|---|
| HES | C | 3.57% | 3.55% | 3.55% |
ARB Overweight 29 Positions Relative to DRLL
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | 3.66% | |
| CTLT | B | 3.52% | |
| ANSS | D | 3.4% | |
| MDC | A | 2.74% | |
| AXNX | B | 2.74% | |
| DOOR | A | 2.7% | |
| JNPR | B | 2.68% | |
| CERE | D | 2.64% | |
| EVBG | C | 2.08% | |
| VZIO | B | 2.0% | |
| KAMN | A | 1.96% | |
| DFS | B | 1.89% | |
| CPRI | F | 1.88% | |
| SWN | D | 1.86% | |
| X | F | 1.82% | |
| HAYN | D | 1.39% | |
| AMED | F | 1.36% | |
| OLK | B | 1.31% | |
| HA | D | 1.29% | |
| MGRC | D | 1.01% | |
| WRK | D | 0.99% | |
| EGLE | B | 0.73% | |
| NWLI | A | 0.66% | |
| CNSL | B | 0.65% | |
| CSTR | A | 0.61% | |
| TGAN | B | 0.52% | |
| ONB | C | -0.13% | |
| CHRD | C | -1.89% | |
| COF | D | -2.2% |
ARB: Top Represented Industries & Keywords
DRLL: Top Represented Industries & Keywords
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