ARB vs. GVIP ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to Goldman Sachs Hedge Industry VIP ETF (GVIP)
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
GVIP
Goldman Sachs Hedge Industry VIP ETF
GVIP Description
The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.Grade (RS Rating)
Last Trade
$106.33
Average Daily Volume
5,557
45
Performance
| Period | ARB | GVIP |
|---|---|---|
| 30 Days | -1.67% | -2.41% |
| 60 Days | -0.47% | 1.21% |
| 90 Days | -0.12% | 6.01% |
| 12 Months | 4.12% | 39.77% |
ARB Overweight 29 Positions Relative to GVIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| 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% | |
| 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 Underweight 42 Positions Relative to GVIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| VRT | A | -2.91% | |
| FCNCA | A | -2.52% | |
| C | A | -2.39% | |
| ET | A | -2.36% | |
| PGR | B | -2.34% | |
| NVDA | B | -2.34% | |
| THC | D | -2.32% | |
| BSX | A | -2.32% | |
| AER | A | -2.31% | |
| GE | A | -2.3% | |
| TDG | A | -2.29% | |
| APG | A | -2.25% | |
| GOOGL | A | -2.23% | |
| TSM | B | -2.21% | |
| BABA | C | -2.14% | |
| LNG | B | -2.14% | |
| AVGO | B | -2.14% | |
| BRK.A | D | -2.12% | |
| AMZN | A | -2.12% | |
| MA | C | -2.08% | |
| APO | B | -2.08% | |
| KKR | C | -2.07% | |
| DHR | C | -2.07% | |
| V | C | -2.07% | |
| BLDR | C | -2.07% | |
| SPGI | C | -2.06% | |
| TPX | C | -2.05% | |
| MSFT | D | -2.04% | |
| NFLX | D | -2.04% | |
| UNP | C | -2.03% | |
| LLY | D | -2.0% | |
| CRM | D | -1.97% | |
| ACI | F | -1.96% | |
| META | D | -1.95% | |
| AAPL | F | -1.93% | |
| NOW | D | -1.89% | |
| CZR | F | -1.86% | |
| UBER | D | -1.83% | |
| AMD | C | -1.8% | |
| WDAY | F | -1.76% | |
| MELI | D | -1.63% | |
| WSC | D | -1.58% |
ARB: Top Represented Industries & Keywords
GVIP: Top Represented Industries & Keywords
Compare ETFs
