MARB vs. ARB ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to AltShares Merger Arbitrage ETF (ARB)
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.
Grade (RS Rating)
Last Trade
$19.73
Average Daily Volume
6,600
28
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
$27.95
Average Daily Volume
8,778
44
Performance
| Period | MARB | ARB |
|---|---|---|
| 30 Days | -0.59% | 0.67% |
| 60 Days | -1.96% | 1.19% |
| 90 Days | -1.22% | 2.09% |
| 12 Months | -0.85% | 6.56% |
15 Overlapping Holdings
| Symbol | Grade | Weight in MARB | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| ANSS | C | 3.44% | 2.57% | 2.57% | |
| AXNX | A | 4.15% | 1.81% | 1.81% | |
| CHX | F | 2.45% | 2.19% | 2.19% | |
| CTLT | D | 3.16% | 2.72% | 2.72% | |
| DFS | A | 3.6% | 1.9% | 1.9% | |
| HCP | A | 5.53% | 2.72% | 2.72% | |
| HES | B | 2.9% | 1.95% | 1.95% | |
| HTLF | A | 6.5% | 1.15% | 1.15% | |
| JNPR | A | 3.68% | 2.66% | 2.66% | |
| MGRC | A | 2.31% | 1.07% | 1.07% | |
| MRO | C | 1.81% | 2.76% | 1.81% | |
| SRCL | A | 2.61% | 0.5% | 0.5% | |
| SRCL | A | 2.61% | 2.19% | 2.19% | |
| SRDX | D | 2.25% | 1.4% | 1.4% | |
| VZIO | C | 3.04% | 1.78% | 1.78% |
MARB Underweight 29 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| RCM | A | -2.73% | |
| SPR | C | -2.68% | |
| K | A | -2.67% | |
| INFN | B | -2.27% | |
| ENV | A | -2.17% | |
| SILK | A | -2.16% | |
| PETQ | A | -2.14% | |
| EVRI | A | -2.13% | |
| RVNC | C | -2.07% | |
| HA | A | -2.02% | |
| X | C | -1.85% | |
| DO | D | -1.83% | |
| ALE | A | -1.81% | |
| PRFT | A | -1.81% | |
| PWSC | C | -1.81% | |
| INST | A | -1.79% | |
| AMK | B | -1.78% | |
| GTHX | A | -1.72% | |
| FBMS | B | -1.16% | |
| BALY | A | -1.14% | |
| CHUY | B | -1.13% | |
| TWKS | A | -1.11% | |
| ITI | A | -1.07% | |
| SWN | C | -0.94% | |
| CALT | C | -0.58% | |
| AAN | B | -0.56% | |
| CNSL | A | -0.54% | |
| AGS | A | -0.53% | |
| HAYN | A | -0.53% |
MARB: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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