ARB vs. ISRA ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Market Vectors Israel ETF (ISRA)

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

$26.75

Average Daily Volume

22,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ISRA

Market Vectors Israel ETF

ISRA Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BlueStar Israel Global IndexTM. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. Its benchmark index is comprised of equity securities, which may include depositary receipts, of publicly traded companies that are generally considered by BlueStar Global Investors, LLC ("BlueStar" or the "Index Provider") to be Israeli companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.67

Average Daily Volume

6,538

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARB	ISRA
30 Days	-0.98%	-1.12%
60 Days	-0.98%	-4.40%
90 Days	0.65%	0.22%
12 Months	6.66%	2.92%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARB	Weight in ISRA	Overlap

ARB Overweight 32 Positions Relative to ISRA

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	B	2.64%
EVBG	B	2.08%
VZIO	D	2.0%
KAMN	A	1.96%
DFS	C	1.89%
CPRI	F	1.88%
SWN	B	1.86%
X	D	1.82%
SP	C	1.39%
HAYN	D	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 29 Positions Relative to ISRA

Symbol	Grade	Weight
TEVA	B	-9.1%
CHKP	D	-7.59%
NICE	D	-6.55%
CYBR	D	-5.66%
DOX	D	-4.81%
WIX	D	-3.21%
MNDY	D	-2.72%
S	D	-2.46%
FROG	D	-2.12%
SEDG	F	-1.75%
GLBE	F	-1.65%
ORA	C	-1.45%
INMD	F	-0.79%
ZIM	B	-0.74%
SPNS	B	-0.51%
LMND	C	-0.46%
FVRR	F	-0.41%
KRNT	F	-0.36%
NVCR	D	-0.33%
SSYS	F	-0.3%
NNDM	F	-0.3%
NNOX	D	-0.29%
OPK	C	-0.29%
PLTK	C	-0.29%
RDWR	D	-0.22%
TARO	B	-0.21%
CEVA	F	-0.18%
SMMF	B	-0.15%
ELBM	F	-0.15%

ISRA: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Specialty & Generic Software - Infrastructure Computer Systems Medical Devices Banks - Regional - US Business Services Communication Equipment Diversified Industrials Electronic Gaming & Multimedia Insurance - Property & Casualty Internet Content & Information Internet Retail Marine Shipping Medical Instruments & Supplies Other Industrial Metals & Mining Semiconductors Solar Telecom Services Utilities - Independent Power Producers