EDOC vs. ARB ETF Comparison
Comparison of Global X Telemedicine & Digital Health ETF (EDOC) to AltShares Merger Arbitrage ETF (ARB)
EDOC
Global X Telemedicine & Digital Health ETF
EDOC Description
The Global X Telemedicine & Digital Health ETF (EDOC) seeks to invest in companies positioned to benefit from further advances in the field of telemedicine and digital health. This includes companies involved in Telemedicine, Health Care Analytics, Connected Health Care Devices, and Administrative Digitization.
Grade (RS Rating)
Last Trade
$9.72
Average Daily Volume
29,369
Number of Holdings
*
31
* 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
$27.91
Average Daily Volume
11,089
Number of Holdings
*
43
* may have additional holdings in another (foreign) market
Performance
| Period | EDOC | ARB |
|---|---|---|
| 30 Days | 1.25% | 0.04% |
| 60 Days | 0.52% | 0.20% |
| 90 Days | 3.51% | 1.26% |
| 12 Months | 8.97% | 5.53% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EDOC | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| RCM | A | 2.98% | 2.73% | 2.73% |
EDOC Overweight 30 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| DOCS | C | 4.97% | |
| MASI | B | 4.46% | |
| PODD | C | 4.39% | |
| LH | B | 4.28% | |
| DXCM | C | 4.07% | |
| QGEN | D | 3.95% | |
| DGX | A | 3.94% | |
| ILMN | C | 3.93% | |
| A | D | 3.87% | |
| RMD | C | 3.85% | |
| HIMS | B | 3.85% | |
| VCYT | B | 3.72% | |
| OSCR | D | 3.55% | |
| IQV | F | 3.51% | |
| IRTC | C | 3.4% | |
| PRVA | C | 3.05% | |
| TWST | F | 2.9% | |
| OMCL | C | 2.78% | |
| TNDM | D | 2.47% | |
| TDOC | C | 2.0% | |
| EVH | F | 1.86% | |
| PHR | F | 1.5% | |
| AMN | F | 1.19% | |
| LFST | B | 1.06% | |
| PACB | F | 0.64% | |
| GDRX | F | 0.49% | |
| DCGO | B | 0.46% | |
| FLGT | F | 0.46% | |
| LFMD | D | 0.4% | |
| DH | F | 0.3% |
EDOC Underweight 42 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | -2.76% | |
| 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% |
EDOC: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
Industries:
Drug Manufacturers - Specialty & Generic
Oil & Gas E&P
Software - Application
Banks - Regional - US
Biotechnology
Communication Equipment
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
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