HYBB vs. ARB ETF Comparison
Comparison of iShares BB Rated Corporate Bond ETF (HYBB) to AltShares Merger Arbitrage ETF (ARB)
HYBB
iShares BB Rated Corporate Bond ETF
HYBB Description
The investment seeks to track the investment results of the ICE BofA BB US High Yield Constrained Index composed of BB, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (BlackRock Cash Funds), as well as in securities not included in the index, but which BFA believes will help it track the index.
Grade (RS Rating)
Last Trade
$46.58
Average Daily Volume
53,763
Number of Holdings
*
257
* 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 | HYBB | ARB |
|---|---|---|
| 30 Days | 0.53% | 0.04% |
| 60 Days | -1.00% | 0.20% |
| 90 Days | 0.13% | 1.26% |
| 12 Months | 7.77% | 5.53% |
HYBB Overweight 253 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| WDC | D | 0.33% | |
| JBLU | F | 0.3% | |
| INGM | F | 0.29% | |
| CCL | A | 0.29% | |
| UAL | A | 0.27% | |
| WFRD | D | 0.25% | |
| GTLS | A | 0.23% | |
| CZR | F | 0.22% | |
| SBAC | D | 0.2% | |
| GTN | F | 0.2% | |
| TLN | A | 0.19% | |
| JAZZ | B | 0.19% | |
| VAL | F | 0.17% | |
| TDG | D | 0.16% | |
| VST | A | 0.15% | |
| POST | C | 0.15% | |
| SIRI | C | 0.14% | |
| COHR | B | 0.14% | |
| PFGC | B | 0.14% | |
| DVA | C | 0.14% | |
| BFH | C | 0.14% | |
| ACM | B | 0.14% | |
| PCG | A | 0.14% | |
| NXST | C | 0.13% | |
| RBLX | C | 0.13% | |
| SQ | A | 0.13% | |
| AMCX | C | 0.13% | |
| HLF | C | 0.12% | |
| KNTK | A | 0.12% | |
| HRI | C | 0.12% | |
| BYD | B | 0.12% | |
| ESI | B | 0.12% | |
| WCC | B | 0.12% | |
| HGV | C | 0.12% | |
| VRT | B | 0.12% | |
| HTZ | C | 0.12% | |
| SYF | B | 0.11% | |
| IGT | F | 0.11% | |
| W | D | 0.11% | |
| AVTR | F | 0.11% | |
| ESAB | C | 0.11% | |
| AAL | B | 0.11% | |
| DTE | C | 0.11% | |
| USM | B | 0.1% | |
| TPX | B | 0.1% | |
| SBH | C | 0.1% | |
| GAP | C | 0.1% | |
| BALL | F | 0.1% | |
| ADT | C | 0.1% | |
| CRWD | B | 0.1% | |
| TRN | B | 0.1% | |
| ON | D | 0.1% | |
| TEX | F | 0.09% | |
| VSAT | F | 0.09% | |
| WAL | B | 0.09% | |
| SLGN | A | 0.09% | |
| ASGN | F | 0.09% | |
| MOH | F | 0.09% | |
| GEN | B | 0.09% | |
| PK | C | 0.09% | |
| FTRE | D | 0.09% | |
| AVNT | B | 0.09% | |
| AIR | B | 0.09% | |
| CWK | C | 0.09% | |
| IEP | F | 0.09% | |
| AM | A | 0.09% | |
| GDDY | A | 0.09% | |
| ATSG | B | 0.09% | |
| MTN | C | 0.09% | |
| GEO | B | 0.09% | |
| ADNT | F | 0.08% | |
| THO | B | 0.08% | |
| IQV | F | 0.08% | |
| CRI | F | 0.08% | |
| ACI | C | 0.08% | |
| XPO | B | 0.08% | |
| GNL | F | 0.08% | |
| BLDR | D | 0.08% | |
| AMKR | D | 0.08% | |
| NEP | F | 0.08% | |
| SLM | A | 0.08% | |
| OGN | F | 0.08% | |
| ESTC | C | 0.08% | |
| WH | B | 0.08% | |
| FLR | B | 0.08% | |
| LW | C | 0.08% | |
| ACCO | C | 0.08% | |
| AXTA | B | 0.08% | |
| LADR | B | 0.08% | |
| OUT | A | 0.08% | |
| PARA | C | 0.08% | |
| PPC | C | 0.08% | |
| CXW | C | 0.08% | |
| ECPG | C | 0.08% | |
| ALGT | B | 0.08% | |
| HHH | B | 0.08% | |
| NMRK | C | 0.08% | |
| MTDR | B | 0.08% | |
| SNEX | B | 0.08% | |
| SCI | B | 0.08% | |
| THC | D | 0.08% | |
| ZBRA | B | 0.08% | |
| RNG | C | 0.07% | |
| PTC | B | 0.07% | |
| MD | C | 0.07% | |
| KFY | B | 0.07% | |
| SAH | C | 0.07% | |
| RLJ | C | 0.07% | |
| LAD | A | 0.07% | |
| COOP | B | 0.07% | |
| MWA | B | 0.07% | |
| ATGE | B | 0.07% | |
| ZD | B | 0.07% | |
| FCFS | F | 0.07% | |
| DY | D | 0.07% | |
| LYV | A | 0.07% | |
| FTAI | A | 0.07% | |
| GHC | B | 0.07% | |
| PHIN | A | 0.07% | |
| TNET | F | 0.07% | |
| HLT | A | 0.07% | |
| PAG | B | 0.07% | |
| COTY | F | 0.07% | |
| NAVI | F | 0.07% | |
| NCLH | B | 0.07% | |
| URI | C | 0.07% | |
| OLN | F | 0.07% | |
| EPC | F | 0.07% | |
| SCS | C | 0.07% | |
| DAR | C | 0.07% | |
| NWSA | A | 0.07% | |
| ALLY | C | 0.07% | |
| GPI | B | 0.07% | |
| ARLP | A | 0.07% | |
| TGNA | B | 0.07% | |
| TFX | F | 0.07% | |
| NSIT | F | 0.07% | |
| LTH | C | 0.07% | |
| EIX | B | 0.07% | |
| NGVT | B | 0.07% | |
| IRM | C | 0.07% | |
| UA | C | 0.07% | |
| PFSI | C | 0.07% | |
| BWXT | B | 0.06% | |
| MGM | D | 0.06% | |
| HLX | B | 0.06% | |
| AIZ | A | 0.06% | |
| TCBI | C | 0.06% | |
| ST | F | 0.06% | |
| CIEN | C | 0.06% | |
| MTX | B | 0.06% | |
| HOLX | D | 0.06% | |
| TMHC | C | 0.06% | |
| SM | B | 0.06% | |
| CACC | D | 0.06% | |
| WMS | F | 0.06% | |
| SEE | C | 0.06% | |
| CIVI | D | 0.06% | |
| CHTR | C | 0.06% | |
| PBH | A | 0.06% | |
| BCC | B | 0.06% | |
| RXO | D | 0.06% | |
| TRS | B | 0.06% | |
| HESM | B | 0.06% | |
| TTMI | C | 0.06% | |
| CCOI | B | 0.06% | |
| AA | A | 0.06% | |
| ATKR | D | 0.06% | |
| NWL | C | 0.06% | |
| CNX | A | 0.06% | |
| VSTO | A | 0.06% | |
| TWLO | A | 0.06% | |
| VNOM | A | 0.06% | |
| RHP | B | 0.06% | |
| CRL | D | 0.06% | |
| NRG | B | 0.06% | |
| CCK | D | 0.06% | |
| LEVI | F | 0.06% | |
| ET | A | 0.06% | |
| CCS | D | 0.06% | |
| BCO | F | 0.06% | |
| RRC | B | 0.06% | |
| SXC | A | 0.06% | |
| MUR | D | 0.05% | |
| VNO | C | 0.05% | |
| DFH | D | 0.05% | |
| OII | B | 0.05% | |
| DAN | D | 0.05% | |
| CLF | F | 0.05% | |
| ASH | F | 0.05% | |
| AMN | F | 0.05% | |
| PR | B | 0.05% | |
| STWD | C | 0.05% | |
| WGO | C | 0.05% | |
| JWN | D | 0.05% | |
| CRS | B | 0.05% | |
| GOLF | B | 0.05% | |
| OI | C | 0.05% | |
| ALSN | B | 0.05% | |
| TPH | D | 0.05% | |
| SYNA | C | 0.05% | |
| IBP | D | 0.05% | |
| VIAV | C | 0.05% | |
| FL | F | 0.05% | |
| ENTG | D | 0.05% | |
| ABG | C | 0.05% | |
| LAMR | C | 0.05% | |
| SUN | B | 0.05% | |
| EHC | B | 0.05% | |
| LPX | B | 0.05% | |
| BLD | D | 0.05% | |
| AES | F | 0.05% | |
| AR | B | 0.05% | |
| FOUR | A | 0.05% | |
| BXMT | C | 0.05% | |
| CMC | B | 0.04% | |
| REZI | A | 0.04% | |
| CLH | C | 0.04% | |
| FUL | F | 0.04% | |
| CXT | C | 0.04% | |
| KBR | F | 0.04% | |
| PRGO | C | 0.04% | |
| BECN | B | 0.04% | |
| BSIG | A | 0.04% | |
| FOR | F | 0.04% | |
| MUSA | B | 0.04% | |
| GNW | A | 0.04% | |
| ENS | F | 0.04% | |
| LGIH | F | 0.04% | |
| GPK | C | 0.04% | |
| IMKTA | C | 0.04% | |
| YUM | D | 0.04% | |
| VLY | B | 0.04% | |
| VFC | C | 0.04% | |
| BDN | C | 0.04% | |
| PRAA | D | 0.04% | |
| CENT | C | 0.04% | |
| KSS | F | 0.04% | |
| BBWI | C | 0.04% | |
| TNL | A | 0.04% | |
| HI | C | 0.04% | |
| STX | C | 0.04% | |
| HPP | F | 0.04% | |
| MHO | D | 0.04% | |
| KBH | D | 0.04% | |
| CHRD | D | 0.04% | |
| RCL | A | 0.04% | |
| CSTM | F | 0.03% | |
| WBA | F | 0.03% | |
| BERY | C | 0.03% | |
| AAP | D | 0.03% | |
| OMF | A | 0.03% | |
| M | F | 0.02% |
HYBB Underweight 38 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | -2.76% | |
| RCM | A | -2.73% | |
| CTLT | C | -2.72% | |
| HCP | B | -2.72% | |
| K | A | -2.67% | |
| JNPR | D | -2.66% | |
| ANSS | B | -2.57% | |
| INFN | D | -2.27% | |
| 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% | |
| 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% |
HYBB: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Credit Services
Packaging & Containers
REIT - Diversified
Residential Construction
Software - Application
Specialty Chemicals
Leisure
Auto & Truck Dealerships
Broadcasting - TV
Building Materials
Diversified Industrials
Medical Care
Resorts & Casinos
Aerospace & Defense
Airlines
Apparel Manufacturing
Auto Parts
Engineering & Construction
Household & Personal Products
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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