FINE vs. ARB ETF Comparison
Comparison of Themes European Luxury ETF (FINE) to AltShares Merger Arbitrage ETF (ARB)
FINE
Themes European Luxury ETF
FINE Description
The index is designed to provide exposure to European companies that have business operations in the luxury industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$24.24
Average Daily Volume
365
1
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
$27.75
Average Daily Volume
9,722
42
Performance
| Period | FINE | ARB |
|---|---|---|
| 30 Days | 5.26% | 0.59% |
| 60 Days | 7.83% | 1.53% |
| 90 Days | 5.65% | 3.08% |
| 12 Months | 5.75% |
1 Overlapping Holdings
| Symbol | Grade | Weight in FINE | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| CPRI | D | 4.1% | 1.75% | 1.75% |
FINE Overweight 0 Positions Relative to ARB
| Symbol | Grade | Weight |
|---|
FINE Underweight 41 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HCP | A | -3.33% | |
| HES | F | -3.31% | |
| ANSS | D | -3.06% | |
| WIRE | A | -2.76% | |
| HIBB | A | -2.69% | |
| PRFT | B | -2.69% | |
| EDR | A | -2.67% | |
| CHX | F | -2.56% | |
| ETRN | D | -2.51% | |
| JNPR | A | -2.31% | |
| CTLT | B | -2.24% | |
| ALE | A | -2.09% | |
| AXNX | B | -2.09% | |
| VZIO | B | -1.99% | |
| EVBG | B | -1.98% | |
| X | F | -1.89% | |
| CERE | A | -1.88% | |
| HTLF | C | -1.88% | |
| SWN | C | -1.85% | |
| AMK | B | -1.83% | |
| DFS | C | -1.77% | |
| AMED | D | -1.45% | |
| MGRC | D | -1.36% | |
| AGS | D | -1.32% | |
| HAYN | D | -1.31% | |
| NWLI | A | -1.28% | |
| HA | A | -1.23% | |
| WRK | C | -0.94% | |
| SBOW | D | -0.82% | |
| OSG | A | -0.67% | |
| IBTX | C | -0.67% | |
| OLK | A | -0.62% | |
| SRCL | B | -0.6% | |
| CNSL | A | -0.57% | |
| CRGY | D | --0.49% | |
| UMBF | C | --0.59% | |
| SSB | C | --0.68% | |
| SNPS | F | --1.86% | |
| CHK | C | --1.94% | |
| CHRD | F | --2.18% | |
| EQT | C | --2.53% |
FINE: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
Compare ETFs
