ARB vs. DWAS ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)
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
$26.65
Average Daily Volume
18,840
32
DWAS
PowerShares DWA SmallCap Technical Leaders Portfolio
DWAS Description
The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.Grade (RS Rating)
Last Trade
$87.27
Average Daily Volume
57,409
182
Performance
Period | ARB | DWAS |
---|---|---|
30 Days | -1.87% | -2.03% |
60 Days | -1.44% | -5.29% |
90 Days | 0.19% | 1.99% |
12 Months | 4.67% | 21.77% |
0 Overlapping Holdings
Symbol | Grade | Weight in ARB | Weight in DWAS | Overlap |
---|
ARB Overweight 32 Positions Relative to DWAS
Symbol | Grade | Weight | |
---|---|---|---|
PXD | B | 3.66% | |
HES | B | 3.57% | |
CTLT | C | 3.52% | |
ANSS | F | 3.4% | |
MDC | A | 2.74% | |
AXNX | C | 2.74% | |
DOOR | A | 2.7% | |
JNPR | D | 2.68% | |
CERE | A | 2.64% | |
EVBG | B | 2.08% | |
VZIO | D | 2.0% | |
KAMN | A | 1.96% | |
DFS | B | 1.89% | |
CPRI | F | 1.88% | |
SWN | B | 1.86% | |
X | F | 1.82% | |
SP | C | 1.39% | |
HAYN | B | 1.39% | |
AMED | D | 1.36% | |
OLK | C | 1.31% | |
HA | D | 1.29% | |
MGRC | D | 1.01% | |
WRK | A | 0.99% | |
EGLE | B | 0.73% | |
TAST | A | 0.69% | |
NWLI | A | 0.66% | |
CNSL | B | 0.65% | |
CSTR | A | 0.61% | |
TGAN | C | 0.52% | |
ONB | A | -0.13% | |
CHRD | B | -1.89% | |
COF | B | -2.2% |
ARB Underweight 182 Positions Relative to DWAS
Symbol | Grade | Weight | |
---|---|---|---|
MOD | A | -1.64% | |
TDW | A | -1.55% | |
STRL | D | -1.36% | |
TRNS | A | -1.35% | |
LFMD | A | -1.34% | |
DFIN | B | -1.27% | |
COOP | B | -1.25% | |
ALPN | A | -1.22% | |
NUVL | C | -1.21% | |
POWL | B | -1.09% | |
LMB | B | -1.05% | |
RRR | D | -1.05% | |
ANF | B | -1.03% | |
KAI | D | -0.99% | |
IMNM | D | -0.93% | |
VERA | B | -0.92% | |
UFPT | A | -0.91% | |
ADMA | A | -0.9% | |
HRTG | C | -0.84% | |
HRI | D | -0.76% | |
RXST | A | -0.74% | |
CBZ | D | -0.73% | |
SERA | A | -0.73% | |
PLAY | D | -0.71% | |
GRBK | C | -0.65% | |
ALG | D | -0.64% | |
GTX | A | -0.61% | |
RYI | F | -0.6% | |
ZEUS | D | -0.6% | |
WIRE | B | -0.58% | |
ARCB | F | -0.57% | |
BYRN | B | -0.57% | |
BCC | D | -0.54% | |
GMS | B | -0.53% | |
CLSK | C | -0.53% | |
MYRG | D | -0.52% | |
VCTR | A | -0.52% | |
CSWI | A | -0.52% | |
IESC | A | -0.52% | |
ATI | A | -0.51% | |
ARQT | D | -0.5% | |
USAP | A | -0.5% | |
AROC | A | -0.5% | |
BMI | A | -0.5% | |
RNA | A | -0.47% | |
FSS | B | -0.47% | |
KRYS | C | -0.47% | |
MACK | A | -0.46% | |
GHM | B | -0.46% | |
SMHI | C | -0.46% | |
EVER | A | -0.45% | |
BECN | A | -0.45% | |
GKOS | A | -0.45% | |
SKYW | A | -0.45% | |
SKT | C | -0.44% | |
CMPR | D | -0.44% | |
EVH | F | -0.44% | |
IDYA | C | -0.44% | |
AMRX | A | -0.44% | |
MLI | A | -0.44% | |
JXN | A | -0.44% | |
LBRT | B | -0.43% | |
OFG | A | -0.43% | |
EZPW | B | -0.43% | |
SFM | A | -0.43% | |
NBN | B | -0.42% | |
SLVM | A | -0.42% | |
RDNT | A | -0.42% | |
ENVA | B | -0.42% | |
CRAI | A | -0.42% | |
INBK | D | -0.42% | |
HWKN | A | -0.42% | |
NRIX | D | -0.42% | |
CHX | B | -0.42% | |
ASPN | A | -0.42% | |
AVAV | A | -0.42% | |
TRAK | B | -0.42% | |
MATX | B | -0.41% | |
CACC | F | -0.41% | |
HCI | B | -0.41% | |
GES | A | -0.41% | |
DFH | D | -0.41% | |
ANDE | B | -0.41% | |
BKD | A | -0.41% | |
TPC | A | -0.41% | |
KTB | A | -0.41% | |
USLM | A | -0.4% | |
GPOR | B | -0.4% | |
GOLF | D | -0.4% | |
KOP | D | -0.4% | |
PIPR | A | -0.4% | |
AGM | A | -0.4% | |
ACMR | D | -0.4% | |
ORN | C | -0.4% | |
GFF | C | -0.4% | |
VSEC | A | -0.4% | |
MOG.A | A | -0.4% | |
ALSN | D | -0.4% | |
ESAB | B | -0.4% | |
BSIG | B | -0.4% | |
CUBI | D | -0.39% | |
HEES | F | -0.39% | |
PACK | B | -0.39% | |
PLAB | B | -0.39% | |
MHO | C | -0.39% | |
MAX | B | -0.39% | |
RUSHA | F | -0.39% | |
KRUS | B | -0.39% | |
DXPE | A | -0.39% | |
UTI | A | -0.39% | |
VECO | B | -0.39% | |
ASO | D | -0.39% | |
MBIN | B | -0.39% | |
SKY | C | -0.39% | |
TREE | A | -0.39% | |
FELE | D | -0.39% | |
ESQ | B | -0.39% | |
GVA | A | -0.39% | |
BGC | A | -0.39% | |
ANIP | B | -0.38% | |
VERX | C | -0.38% | |
APPF | B | -0.38% | |
SPNT | D | -0.38% | |
SXC | D | -0.38% | |
NR | B | -0.38% | |
NPO | C | -0.38% | |
CRVL | C | -0.38% | |
ACVA | D | -0.38% | |
ROAD | D | -0.38% | |
SPRY | B | -0.38% | |
IBP | B | -0.38% | |
VVV | C | -0.37% | |
ARHS | D | -0.37% | |
ICFI | C | -0.37% | |
AMSC | C | -0.37% | |
SILK | B | -0.37% | |
CVNA | A | -0.37% | |
CDRE | C | -0.37% | |
CELC | C | -0.37% | |
LPX | C | -0.37% | |
SXI | B | -0.37% | |
CRNX | A | -0.37% | |
FRPT | C | -0.37% | |
SGBX | F | -0.37% | |
RYAN | B | -0.36% | |
BLZE | C | -0.36% | |
LQDA | C | -0.36% | |
ARLO | A | -0.36% | |
VRNS | D | -0.36% | |
LSEA | F | -0.36% | |
PAY | B | -0.36% | |
SUM | D | -0.36% | |
KD | D | -0.36% | |
DYN | C | -0.36% | |
COLL | B | -0.36% | |
MRUS | B | -0.36% | |
SMID | C | -0.35% | |
KYMR | C | -0.35% | |
MTRX | C | -0.35% | |
AGO | D | -0.35% | |
ORIC | D | -0.35% | |
BZH | F | -0.35% | |
MTRN | F | -0.35% | |
KURA | C | -0.34% | |
LYRA | D | -0.34% | |
FOR | C | -0.34% | |
KROS | C | -0.34% | |
PARR | F | -0.34% | |
CDLX | B | -0.32% | |
QUIK | D | -0.32% | |
PCT | F | -0.32% | |
MDXG | C | -0.31% | |
BWMN | F | -0.31% | |
AQST | D | -0.3% | |
FULC | D | -0.3% | |
ANNX | D | -0.29% | |
SOUN | D | -0.28% | |
APLT | D | -0.27% | |
FATE | D | -0.25% | |
KOD | D | -0.25% | |
OCUL | D | -0.22% | |
IRON | F | -0.21% |
ARB: Top Represented Industries & Keywords
DWAS: Top Represented Industries & Keywords