ARB vs. ZIG ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to The Acquirers Fund (ZIG)
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
$26.69
Average Daily Volume
24,093
32
ZIG
The Acquirers Fund
ZIG Description
The investment seeks capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing primarily in equity securities (or depositary receipts) of companies in developed markets outside the United States based on the results of a proprietary, quantitative model (the "EquBot Model") developed by the adviser that runs on the Watson™ platform. Its investment adviser is a technology based company focused on applying artificial intelligence ("AI") based solutions to investment analyses. The fund is non-diversified.Grade (RS Rating)
Last Trade
$36.77
Average Daily Volume
4,073
29
Performance
| Period | ARB | ZIG |
|---|---|---|
| 30 Days | -1.48% | -1.11% |
| 60 Days | -0.53% | 5.56% |
| 90 Days | -0.16% | 7.27% |
| 12 Months | 3.69% | 30.87% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARB | Weight in ZIG | Overlap |
|---|
ARB Overweight 32 Positions Relative to ZIG
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | 3.66% | |
| HES | A | 3.57% | |
| CTLT | D | 3.52% | |
| ANSS | D | 3.4% | |
| MDC | A | 2.74% | |
| AXNX | D | 2.74% | |
| DOOR | A | 2.7% | |
| JNPR | D | 2.68% | |
| CERE | B | 2.64% | |
| EVBG | A | 2.08% | |
| VZIO | C | 2.0% | |
| KAMN | A | 1.96% | |
| DFS | A | 1.89% | |
| CPRI | F | 1.88% | |
| SWN | A | 1.86% | |
| X | D | 1.82% | |
| SP | C | 1.39% | |
| HAYN | A | 1.39% | |
| AMED | D | 1.36% | |
| OLK | D | 1.31% | |
| HA | D | 1.29% | |
| MGRC | D | 1.01% | |
| WRK | B | 0.99% | |
| EGLE | B | 0.73% | |
| TAST | A | 0.69% | |
| NWLI | A | 0.66% | |
| CNSL | D | 0.65% | |
| CSTR | A | 0.61% | |
| TGAN | C | 0.52% | |
| ONB | B | -0.13% | |
| CHRD | B | -1.89% | |
| COF | A | -2.2% |
ARB Underweight 29 Positions Relative to ZIG
| Symbol | Grade | Weight | |
|---|---|---|---|
| WIRE | A | -4.28% | |
| HCC | A | -4.2% | |
| CNX | A | -3.71% | |
| SM | B | -3.6% | |
| VIRT | A | -3.55% | |
| CALM | B | -3.43% | |
| ARCH | D | -3.39% | |
| CMC | B | -3.38% | |
| NUE | B | -3.37% | |
| STLD | B | -3.33% | |
| BSM | B | -3.32% | |
| BTU | D | -3.29% | |
| MLI | A | -3.29% | |
| AX | B | -3.27% | |
| FHI | D | -3.26% | |
| UFPI | C | -3.25% | |
| DINO | D | -3.22% | |
| ATKR | A | -3.21% | |
| PHM | B | -3.19% | |
| PLTK | D | -3.18% | |
| DHI | C | -3.18% | |
| PM | A | -3.15% | |
| DDS | B | -3.12% | |
| CROX | C | -3.11% | |
| BKE | C | -3.1% | |
| MTG | C | -3.08% | |
| MO | A | -3.06% | |
| MHO | C | -3.04% | |
| CF | D | -3.03% |
ARB: Top Represented Industries & Keywords
ZIG: Top Represented Industries & Keywords
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