ARB vs. FDM ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to First Trust DJ Select MicroCap ETF (FDM)
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
$26.76
Average Daily Volume
22,325
32
FDM
First Trust DJ Select MicroCap ETF
FDM Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.Grade (RS Rating)
Last Trade
$61.31
Average Daily Volume
4,437
153
Performance
Period | ARB | FDM |
---|---|---|
30 Days | -1.73% | -1.28% |
60 Days | -1.22% | 1.67% |
90 Days | 0.61% | 5.21% |
12 Months | 6.17% | 26.31% |
1 Overlapping Holdings
Symbol | Grade | Weight in ARB | Weight in FDM | Overlap | |
---|---|---|---|---|---|
HAYN | C | 1.39% | 1.26% | 1.26% |
ARB Overweight 31 Positions Relative to FDM
Symbol | Grade | Weight | |
---|---|---|---|
PXD | B | 3.66% | |
HES | B | 3.57% | |
CTLT | C | 3.52% | |
ANSS | D | 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 | C | 1.86% | |
X | F | 1.82% | |
SP | B | 1.39% | |
AMED | D | 1.36% | |
OLK | D | 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 | C | 0.65% | |
CSTR | A | 0.61% | |
TGAN | A | 0.52% | |
ONB | A | -0.13% | |
CHRD | B | -1.89% | |
COF | B | -2.2% |
ARB Underweight 152 Positions Relative to FDM
Symbol | Grade | Weight | |
---|---|---|---|
POWL | B | -2.27% | |
ACMR | D | -2.06% | |
SCSC | C | -1.76% | |
CRAI | B | -1.71% | |
VSEC | A | -1.7% | |
CGEM | A | -1.51% | |
GNK | A | -1.5% | |
CRGY | F | -1.49% | |
SXC | D | -1.46% | |
REX | B | -1.43% | |
BBSI | A | -1.35% | |
MYE | A | -1.35% | |
VVI | D | -1.23% | |
CECO | C | -1.22% | |
DCO | A | -1.21% | |
IDT | A | -1.18% | |
EGY | B | -1.15% | |
CLW | B | -1.11% | |
DXPE | B | -1.1% | |
AMBC | D | -1.1% | |
ZEUS | F | -1.08% | |
UVSP | A | -1.04% | |
BELFB | B | -0.98% | |
UWMC | C | -0.98% | |
BRY | B | -0.97% | |
EZPW | C | -0.96% | |
MLR | A | -0.93% | |
OSBC | B | -0.92% | |
LEU | C | -0.92% | |
ARHS | D | -0.91% | |
HCKT | D | -0.9% | |
WSR | D | -0.89% | |
MBWM | B | -0.88% | |
KE | D | -0.88% | |
CFB | D | -0.87% | |
TTI | F | -0.87% | |
IBCP | B | -0.86% | |
PLOW | D | -0.85% | |
HTBK | D | -0.81% | |
BFST | D | -0.8% | |
GATO | B | -0.79% | |
GSBC | B | -0.75% | |
TITN | D | -0.75% | |
LMB | C | -0.75% | |
SD | C | -0.74% | |
RICK | F | -0.73% | |
DENN | F | -0.72% | |
NPK | A | -0.71% | |
AVNW | F | -0.71% | |
AMAL | B | -0.71% | |
DHIL | C | -0.71% | |
VPG | D | -0.7% | |
HVT | F | -0.69% | |
CCB | B | -0.69% | |
LYTS | B | -0.68% | |
HDSN | F | -0.67% | |
HTBI | B | -0.66% | |
CYH | B | -0.66% | |
CENT | D | -0.65% | |
LQDT | D | -0.65% | |
OSUR | D | -0.65% | |
BHB | B | -0.64% | |
THFF | B | -0.64% | |
SMBC | D | -0.64% | |
BBW | A | -0.63% | |
VYGR | D | -0.62% | |
CWCO | D | -0.62% | |
OLP | A | -0.6% | |
CCBG | D | -0.6% | |
ODC | B | -0.59% | |
KRNY | F | -0.58% | |
NBN | C | -0.57% | |
SIGA | A | -0.57% | |
RMR | B | -0.57% | |
CSV | B | -0.57% | |
GNE | F | -0.57% | |
PAHC | A | -0.56% | |
BOOM | F | -0.54% | |
ARTNA | D | -0.54% | |
GLRE | A | -0.54% | |
NWPX | C | -0.53% | |
OSG | B | -0.53% | |
KODK | D | -0.52% | |
SPFI | B | -0.52% | |
SPOK | F | -0.52% | |
AVD | C | -0.51% | |
ESQ | C | -0.5% | |
MCFT | F | -0.5% | |
MOFG | D | -0.49% | |
LINC | A | -0.49% | |
JOUT | F | -0.45% | |
AMPY | B | -0.44% | |
SOI | B | -0.44% | |
BSRR | B | -0.44% | |
NEWT | D | -0.43% | |
NRIM | C | -0.43% | |
FSBC | D | -0.42% | |
PBPB | F | -0.42% | |
PANL | C | -0.41% | |
HBT | B | -0.4% | |
RM | B | -0.39% | |
WTI | F | -0.38% | |
ONEW | F | -0.38% | |
FET | F | -0.37% | |
LOCO | C | -0.37% | |
NECB | B | -0.37% | |
MVBF | F | -0.37% | |
FSBW | C | -0.36% | |
BCML | C | -0.35% | |
INSE | F | -0.35% | |
CVLY | B | -0.34% | |
TSBK | D | -0.33% | |
OBT | B | -0.32% | |
OMER | C | -0.32% | |
AFCG | B | -0.31% | |
PKOH | C | -0.31% | |
NATH | D | -0.3% | |
EPM | F | -0.29% | |
KFS | A | -0.29% | |
GENC | A | -0.29% | |
IPI | D | -0.29% | |
RLGT | F | -0.29% | |
PLBC | B | -0.28% | |
OVLY | C | -0.27% | |
CMT | D | -0.24% | |
LEGH | D | -0.24% | |
TSQ | B | -0.24% | |
FF | B | -0.24% | |
MEC | B | -0.24% | |
MPX | C | -0.23% | |
STKS | C | -0.23% | |
QUAD | D | -0.23% | |
RNGR | F | -0.23% | |
INTT | F | -0.22% | |
OCN | D | -0.22% | |
LSEA | F | -0.21% | |
HNRG | F | -0.21% | |
ATLC | F | -0.21% | |
EVC | C | -0.21% | |
CMPO | B | -0.2% | |
III | F | -0.17% | |
RCMT | F | -0.17% | |
KLXE | F | -0.16% | |
MNSB | D | -0.15% | |
REI | B | -0.14% | |
HGBL | F | -0.13% | |
BGFV | F | -0.13% | |
ASRT | D | -0.13% | |
TUSK | F | -0.12% | |
CCRD | C | -0.12% | |
TZOO | D | -0.09% | |
CMBM | F | -0.07% |
ARB: Top Represented Industries & Keywords
FDM: Top Represented Industries & Keywords