BETZ vs. ARB ETF Comparison

Comparison of Roundhill Sports Betting & iGaming ETF (BETZ) to AltShares Merger Arbitrage ETF (ARB)
BETZ

Roundhill Sports Betting & iGaming ETF

BETZ Description

The investment seeks to track the total return performance, before fees and expenses, of the Roundhill Sports Betting & iGaming Index. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in securities issued by Sports Betting and iGaming Companies. The index tracks the performance of the common stock (or corresponding American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs)) of exchange-listed companies that earn revenue from online gaming (iGaming).

Grade (RS Rating)

Last Trade

$20.08

Average Daily Volume

15,070

Number of Holdings *

15

* 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

$27.94

Average Daily Volume

11,353

Number of Holdings *

43

* may have additional holdings in another (foreign) market
Performance
Period BETZ ARB
30 Days 9.97% 0.17%
60 Days 6.24% 0.43%
90 Days 10.27% 1.37%
12 Months 21.79% 5.64%
2 Overlapping Holdings
Symbol Grade Weight in BETZ Weight in ARB Overlap
BALY C 1.46% 1.14% 1.14%
EVRI A 0.33% 2.13% 0.33%
BETZ Overweight 13 Positions Relative to ARB
Symbol Grade Weight
FLUT A 14.21%
DKNG B 8.66%
SRAD A 6.97%
CHDN B 6.01%
RSI B 3.87%
GENI C 3.66%
SGHC A 3.56%
MGM D 3.08%
LNW D 2.55%
CZR F 2.49%
PENN C 2.48%
BYD C 1.57%
GAMB A 0.65%
BETZ Underweight 41 Positions Relative to ARB
Symbol Grade Weight
MRO B -2.76%
RCM F -2.73%
CTLT B -2.72%
HCP B -2.72%
SPR D -2.68%
K A -2.67%
JNPR F -2.66%
ANSS B -2.57%
INFN C -2.27%
SRCL C -2.19%
CHX C -2.19%
ENV B -2.17%
SILK F -2.16%
PETQ D -2.14%
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%
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%
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