AWEG vs. ARB ETF Comparison
Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to AltShares Merger Arbitrage ETF (ARB)
AWEG
Alger Weatherbie Enduring Growth ETF
AWEG Description
The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$24.83
Average Daily Volume
148
Number of Holdings
*
23
* may have additional holdings in another (foreign) market
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
Performance
Period | AWEG | ARB |
---|---|---|
30 Days | 0.86% | 0.67% |
60 Days | -1.26% | 1.19% |
90 Days | 4.26% | 2.09% |
12 Months | 31.39% | 6.56% |
0 Overlapping Holdings
Symbol | Grade | Weight in AWEG | Weight in ARB | Overlap |
---|
AWEG Overweight 23 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
TDG | C | 11.31% | |
CWST | D | 6.33% | |
GKOS | B | 5.32% | |
WCN | D | 4.7% | |
HEI | D | 4.49% | |
STEP | B | 4.29% | |
PCTY | A | 3.74% | |
TNDM | F | 3.59% | |
VERX | B | 3.45% | |
RXO | B | 3.43% | |
ACAD | F | 3.41% | |
XPO | A | 3.35% | |
SPSC | F | 3.25% | |
HUBS | B | 3.21% | |
NEOG | D | 3.07% | |
SITE | F | 2.74% | |
OLLI | C | 2.64% | |
PGNY | F | 2.61% | |
NCNO | B | 2.35% | |
MEG | F | 2.29% | |
AGYS | D | 1.8% | |
TTD | B | 1.24% | |
PI | C | 0.75% |
AWEG Underweight 44 Positions Relative to ARB
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% |
AWEG: Top Represented Industries & Keywords
Industries:
Software - Application
Waste Management
Aerospace & Defense
Asset Management
Biotechnology
Diagnostics & Research
Discount Stores
Electronic Components
Health Information Services
Industrial Distribution
Integrated Shipping & Logistics
Medical Devices
Medical Instruments & Supplies
Trucking
Keywords:
Aerospace
Banking
Cardboard
Cargo
Content Management
Electronics
Environmental Services
Freight Transport
Glaucoma
Landfill
Medicine
Municipal Solid Waste
Recycling
Regulatory Compliance
Social Media
Software As A Service
Solid Waste Collection
Solid Waste Services
Supply Chain
Sustainability And Environmental Management
ARB: Top Represented Industries & Keywords
Industries:
Communication Equipment
Drug Manufacturers - Specialty & Generic
Oil & Gas E&P
Software - Application
Banks - Regional - US
Biotechnology
Gambling
Information Technology Services
Medical Devices
Rental & Leasing Services
Aerospace & Defense
Airlines
Asset Management
Capital Markets
Consumer Electronics
Credit Services
Diagnostics & Research
Health Information Services
Metal Fabrication
Oil & Gas Drilling