ARB vs. SPWO ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to SP Funds S&P World (ex-US) ETF (SPWO)
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
$27.91
Average Daily Volume
11,089
43
SPWO
SP Funds S&P World (ex-US) ETF
SPWO Description
The Shariah World Index is designed to measure the performance of companies located in developed and emerging markets outside of the United States that pass rules-based screens for adherence to shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.29
Average Daily Volume
6,987
55
Performance
| Period | ARB | SPWO |
|---|---|---|
| 30 Days | 0.04% | -4.92% |
| 60 Days | 0.20% | -1.37% |
| 90 Days | 1.26% | -2.78% |
| 12 Months | 5.53% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARB | Weight in SPWO | Overlap |
|---|
ARB Overweight 43 Positions Relative to SPWO
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | 2.76% | |
| RCM | A | 2.73% | |
| CTLT | C | 2.72% | |
| HCP | B | 2.72% | |
| SPR | D | 2.68% | |
| K | A | 2.67% | |
| JNPR | D | 2.66% | |
| ANSS | B | 2.57% | |
| INFN | D | 2.27% | |
| SRCL | B | 2.19% | |
| CHX | C | 2.19% | |
| ENV | B | 2.17% | |
| SILK | A | 2.16% | |
| PETQ | A | 2.14% | |
| EVRI | A | 2.13% | |
| RVNC | F | 2.07% | |
| HA | A | 2.02% | |
| HES | B | 1.95% | |
| DFS | B | 1.9% | |
| X | B | 1.85% | |
| DO | D | 1.83% | |
| ALE | A | 1.81% | |
| PRFT | B | 1.81% | |
| PWSC | C | 1.81% | |
| AXNX | A | 1.81% | |
| INST | B | 1.79% | |
| VZIO | A | 1.78% | |
| AMK | B | 1.78% | |
| GTHX | A | 1.72% | |
| SRDX | B | 1.4% | |
| FBMS | B | 1.16% | |
| HTLF | B | 1.15% | |
| BALY | B | 1.14% | |
| CHUY | B | 1.13% | |
| TWKS | B | 1.11% | |
| MGRC | B | 1.07% | |
| SWN | C | 0.94% | |
| CALT | C | 0.58% | |
| AAN | B | 0.56% | |
| CNSL | C | 0.54% | |
| AGS | A | 0.53% | |
| HAYN | A | 0.53% | |
| SRCL | B | 0.5% |
ARB Underweight 55 Positions Relative to SPWO
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSM | B | -16.44% | |
| NVO | F | -2.44% | |
| SAP | B | -1.85% | |
| PDD | F | -1.82% | |
| INFY | C | -1.68% | |
| NVS | F | -1.58% | |
| AZN | F | -1.5% | |
| UL | D | -1.18% | |
| JD | D | -1.15% | |
| SHOP | B | -1.06% | |
| BHP | F | -1.04% | |
| SNY | F | -0.86% | |
| VALE | F | -0.81% | |
| ABBV | F | -0.76% | |
| RELX | D | -0.7% | |
| GSK | F | -0.58% | |
| RIO | D | -0.55% | |
| CNI | F | -0.5% | |
| WCN | A | -0.4% | |
| UMC | F | -0.37% | |
| CHT | C | -0.36% | |
| LI | F | -0.31% | |
| BEKE | D | -0.31% | |
| GFI | D | -0.3% | |
| BGNE | D | -0.29% | |
| HLN | C | -0.27% | |
| GOLD | C | -0.21% | |
| WDS | D | -0.21% | |
| CPNG | D | -0.2% | |
| NOK | D | -0.19% | |
| WIT | B | -0.18% | |
| ERIC | C | -0.18% | |
| SCCO | F | -0.16% | |
| RDY | F | -0.16% | |
| XPEV | C | -0.14% | |
| PAC | B | -0.13% | |
| CHKP | C | -0.12% | |
| VIPS | F | -0.12% | |
| ICLR | D | -0.12% | |
| MMYT | B | -0.11% | |
| XRX | F | -0.11% | |
| JHX | D | -0.11% | |
| HTHT | D | -0.1% | |
| SQM | D | -0.1% | |
| ARM | F | -0.1% | |
| ASR | D | -0.1% | |
| GGB | C | -0.09% | |
| CYBR | A | -0.09% | |
| KOF | F | -0.08% | |
| NICE | D | -0.07% | |
| WIX | A | -0.07% | |
| SNN | D | -0.07% | |
| BZ | F | -0.07% | |
| PSO | B | -0.06% | |
| TS | B | -0.05% |
ARB: Top Represented Industries & Keywords
SPWO: Top Represented Industries & Keywords
Compare ETFs
