ARB vs. PTH ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Invesco DWA Healthcare Momentum ETF (PTH)
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

$27.95

Average Daily Volume

8,778

Number of Holdings *

44

* may have additional holdings in another (foreign) market
PTH

Invesco DWA Healthcare Momentum ETF

PTH Description The PowerShares Dynamic Healthcare Sector Portfolio (Fund) is based on the Dynamic Healthcare Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US health care companies. These are companies that are principally engaged in the business of providing health care-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$45.50

Average Daily Volume

9,768

Number of Holdings *

53

* may have additional holdings in another (foreign) market
Performance
Period ARB PTH
30 Days 0.67% -0.83%
60 Days 1.19% -3.72%
90 Days 2.09% 5.50%
12 Months 6.56% 47.19%
0 Overlapping Holdings
Symbol Grade Weight in ARB Weight in PTH Overlap
ARB Overweight 44 Positions Relative to PTH
Symbol Grade Weight
MRO C 2.76%
RCM A 2.73%
CTLT D 2.72%
HCP A 2.72%
SPR C 2.68%
K A 2.67%
JNPR A 2.66%
ANSS C 2.57%
INFN B 2.27%
SRCL A 2.19%
CHX F 2.19%
ENV A 2.17%
SILK A 2.16%
PETQ A 2.14%
EVRI A 2.13%
RVNC C 2.07%
HA A 2.02%
HES B 1.95%
DFS A 1.9%
X C 1.85%
DO D 1.83%
ALE A 1.81%
PRFT A 1.81%
PWSC C 1.81%
AXNX A 1.81%
INST A 1.79%
VZIO C 1.78%
AMK B 1.78%
GTHX A 1.72%
SRDX D 1.4%
FBMS B 1.16%
HTLF A 1.15%
BALY A 1.14%
CHUY B 1.13%
TWKS A 1.11%
MGRC A 1.07%
ITI A 1.07%
SWN C 0.94%
CALT C 0.58%
AAN B 0.56%
CNSL A 0.54%
AGS A 0.53%
HAYN A 0.53%
SRCL A 0.5%
ARB Underweight 53 Positions Relative to PTH
Symbol Grade Weight
LLY F -4.83%
PCVX C -4.54%
INSM D -3.94%
THC C -3.67%
HCA D -3.4%
SAVA D -3.08%
NTRA B -2.84%
ISRG B -2.63%
ABBV A -2.63%
HROW C -2.52%
UHS D -2.44%
DVA D -2.43%
CPRX A -2.4%
COR A -2.33%
NRIX B -2.31%
REGN F -2.2%
ADMA B -2.19%
ENSG A -2.07%
KRYS C -1.93%
OSCR C -1.84%
KYMR C -1.8%
RDNT D -1.79%
CRNX B -1.77%
NUVL D -1.77%
GKOS B -1.75%
TGTX A -1.54%
CORT B -1.52%
MMSI B -1.49%
PTGX B -1.44%
RVMD A -1.3%
OCUL B -1.2%
AGIO B -1.17%
PRCT A -1.17%
SPRY B -1.13%
TVTX B -1.11%
AMRX B -1.06%
DNLI C -1.02%
CRVL D -0.99%
COGT B -0.97%
TNDM F -0.97%
UFPT D -0.91%
EOLS A -0.91%
LMAT B -0.86%
PHAT B -0.84%
REPL B -0.79%
ALHC A -0.78%
AKRO A -0.74%
ANAB F -0.7%
ASTH C -0.69%
MNKD A -0.67%
BLFS B -0.67%
CDMO C -0.64%
CYH D -0.56%
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