KROP vs. ARB ETF Comparison
Comparison of Global X AgTech & Food Innovation ETF (KROP) to AltShares Merger Arbitrage ETF (ARB)
KROP
Global X AgTech & Food Innovation ETF
KROP Description
The Global X AgTech & Food Innovation ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive AgTech & Food Innovation Index.
Grade (RS Rating)
Last Trade
$10.35
Average Daily Volume
2,278
Number of Holdings
*
17
* 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 | KROP | ARB |
---|---|---|
30 Days | 0.98% | 0.17% |
60 Days | -0.16% | 0.43% |
90 Days | 1.20% | 1.37% |
12 Months | 3.58% | 5.64% |
1 Overlapping Holdings
Symbol | Grade | Weight in KROP | Weight in ARB | Overlap | |
---|---|---|---|---|---|
K | A | 2.31% | 2.67% | 2.31% |
KROP Underweight 42 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% | |
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% | |
EVRI | A | -2.13% | |
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% | |
BALY | C | -1.14% | |
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% |
KROP: 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