EIS vs. ARB ETF Comparison
Comparison of iShares MSCI Israel Capped Investable Market Index Fund (EIS) to AltShares Merger Arbitrage ETF (ARB)
EIS
iShares MSCI Israel Capped Investable Market Index Fund
EIS Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Israel Capped Investable Market Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a custom, free float-adjusted market capitalization index designed to measure broad-based equity market performance in Israel. The underlying index consists of stocks traded primarily on the Tel Aviv Stock Exchange. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$59.49
Average Daily Volume
44,105
23
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
Performance
| Period | EIS | ARB |
|---|---|---|
| 30 Days | -6.96% | -1.48% |
| 60 Days | -3.30% | -0.53% |
| 90 Days | 2.48% | -0.16% |
| 12 Months | 11.97% | 3.69% |
0 Overlapping Holdings
| Symbol | Grade | Weight in EIS | Weight in ARB | Overlap |
|---|
EIS Overweight 23 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| CHKP | C | 7.94% | |
| TEVA | D | 7.82% | |
| CYBR | D | 5.45% | |
| WIX | D | 3.62% | |
| MNDY | D | 2.94% | |
| GLBE | F | 1.78% | |
| INMD | F | 0.74% | |
| ODD | F | 0.58% | |
| ZIM | B | 0.51% | |
| KRNT | F | 0.42% | |
| ELBM | F | 0.41% | |
| FVRR | D | 0.34% | |
| RDWR | D | 0.33% | |
| NNDM | F | 0.31% | |
| CLBT | C | 0.27% | |
| SMMF | B | 0.26% | |
| RSKD | B | 0.25% | |
| ITRN | D | 0.21% | |
| NGMS | A | 0.21% | |
| TARO | A | 0.21% | |
| PGY | F | 0.2% | |
| SMWB | C | 0.11% | |
| WKME | D | 0.09% |
EIS Underweight 32 Positions Relative to ARB
| 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% |
EIS: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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