ARB vs. IHAK ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to iShares Cybersecurity and Tech ETF (IHAK)
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
IHAK
iShares Cybersecurity and Tech ETF
IHAK Description
The investment seeks to track the investment results of the NYSE® FactSet® Global Cyber Security IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services. It is non-diversified.Grade (RS Rating)
Last Trade
$44.87
Average Daily Volume
95,404
25
Performance
| Period | ARB | IHAK |
|---|---|---|
| 30 Days | -1.87% | -2.79% |
| 60 Days | -1.44% | -7.58% |
| 90 Days | 0.19% | -4.57% |
| 12 Months | 4.67% | 37.62% |
ARB Overweight 30 Positions Relative to IHAK
| 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% | |
| CERE | A | 2.64% | |
| 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 23 Positions Relative to IHAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRWD | C | -4.87% | |
| OKTA | C | -4.84% | |
| CACI | A | -4.75% | |
| FTNT | C | -4.68% | |
| CYBR | D | -4.67% | |
| BAH | B | -4.35% | |
| TENB | D | -4.27% | |
| SAIC | C | -4.13% | |
| S | C | -4.1% | |
| CHKP | D | -4.03% | |
| VRNS | D | -4.0% | |
| ALRM | C | -3.86% | |
| PANW | B | -3.74% | |
| QLYS | D | -3.47% | |
| ZS | D | -3.39% | |
| AKAM | F | -3.37% | |
| RPD | F | -3.14% | |
| CALX | F | -2.05% | |
| YOU | D | -1.8% | |
| ATEN | A | -1.17% | |
| RDWR | D | -0.76% | |
| OSPN | B | -0.49% | |
| CHGX | D | -0.38% |
ARB: Top Represented Industries & Keywords
IHAK: Top Represented Industries & Keywords
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