ARB vs. SIXG ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Defiance Connective Technologies ETF (SIXG)
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

$27.94

Average Daily Volume

11,353

Number of Holdings *

43

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

Defiance Connective Technologies ETF

SIXG Description The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index is a rules-based index that consists of a tiered, modified market capitalization-weighted portfolio of the U.S.-listed equity securities, including depositary receipts, of companies whose products or services are predominantly tied to the development of 5G networking and communication technologies (collectively, "5G Companies").

Grade (RS Rating)

Last Trade

$46.13

Average Daily Volume

19,374

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period ARB SIXG
30 Days 0.17% 4.25%
60 Days 0.43% 7.76%
90 Days 1.37% 8.93%
12 Months 5.64%
3 Overlapping Holdings
Symbol Grade Weight in ARB Weight in SIXG Overlap
HCP B 2.72% 1.5% 1.5%
INFN C 2.27% 1.49% 1.49%
JNPR F 2.66% 1.46% 1.46%
ARB Overweight 40 Positions Relative to SIXG
Symbol Grade Weight
MRO B 2.76%
RCM F 2.73%
CTLT B 2.72%
SPR D 2.68%
K A 2.67%
ANSS B 2.57%
SRCL C 2.19%
CHX C 2.19%
ENV B 2.17%
SILK F 2.16%
PETQ D 2.14%
EVRI A 2.13%
RVNC F 2.07%
HA D 2.02%
HES B 1.95%
DFS B 1.9%
X C 1.85%
DO D 1.83%
ALE A 1.81%
PRFT D 1.81%
PWSC C 1.81%
AXNX C 1.81%
INST C 1.79%
VZIO A 1.78%
AMK D 1.78%
GTHX D 1.72%
SRDX B 1.4%
FBMS B 1.16%
HTLF B 1.15%
BALY C 1.14%
CHUY D 1.13%
TWKS D 1.11%
MGRC B 1.07%
SWN D 0.94%
CALT D 0.58%
AAN D 0.56%
CNSL C 0.54%
AGS A 0.53%
HAYN C 0.53%
SRCL C 0.5%
ARB Underweight 46 Positions Relative to SIXG
Symbol Grade Weight
NVDA C -5.65%
ORCL B -5.22%
AVGO D -4.84%
AAPL C -4.7%
CSCO B -4.16%
QCOM F -3.32%
ANET C -2.67%
MRVL B -2.39%
CRDO B -2.2%
GSAT C -2.15%
DDOG A -2.09%
IDCC A -2.02%
CIEN B -1.9%
ERIC B -1.86%
KD B -1.83%
NOK D -1.82%
ATEN B -1.82%
FFIV B -1.8%
MTSI B -1.8%
CSGS B -1.74%
VIAV B -1.72%
KEYS A -1.71%
NTAP C -1.68%
TMUS B -1.66%
EXTR B -1.64%
NTCT C -1.63%
DT C -1.62%
SWI B -1.55%
IRDM D -1.53%
DOX D -1.52%
ARM D -1.51%
T A -1.48%
MXL C -1.46%
AKAM D -1.44%
EQIX A -1.44%
DOCN D -1.35%
VZ C -1.33%
SWKS F -1.32%
NPAB B -1.29%
NABL F -1.24%
CCI D -1.21%
CALX D -1.21%
COMM D -1.17%
AMT D -1.15%
QRVO F -0.94%
VSAT F -0.72%
Compare ETFs