PPH vs. ARB ETF Comparison

Comparison of Market Vectors Pharmaceutical ETF (PPH) to AltShares Merger Arbitrage ETF (ARB)
PPH

Market Vectors Pharmaceutical ETF

PPH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Pharmaceutical 25 Index (the "Pharmaceutical Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Pharmaceutical Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the pharmaceutical industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$91.39

Average Daily Volume

155,760

Number of Holdings *

24

* 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

$27.95

Average Daily Volume

8,778

Number of Holdings *

44

* may have additional holdings in another (foreign) market
Performance
Period PPH ARB
30 Days -2.80% 0.67%
60 Days -7.69% 1.19%
90 Days -2.54% 2.09%
12 Months 21.69% 6.56%
1 Overlapping Holdings
Symbol Grade Weight in PPH Weight in ARB Overlap
CTLT D 1.07% 2.72% 1.07%
PPH Overweight 23 Positions Relative to ARB
Symbol Grade Weight
LLY F 13.34%
NVO F 8.32%
JNJ D 6.66%
ABBV A 5.97%
NVS D 5.17%
BMY A 5.04%
MRK F 4.99%
AZN F 4.96%
ZTS D 4.63%
COR A 4.6%
MCK C 4.59%
PFE D 4.55%
HLN D 4.45%
TAK C 4.43%
SNY D 4.4%
GSK F 4.1%
TEVA A 3.64%
VTRS B 1.87%
JAZZ D 0.99%
OGN D 0.61%
ELAN D 0.57%
PRGO D 0.42%
PDCO F 0.22%
PPH Underweight 43 Positions Relative to ARB
Symbol Grade Weight
MRO C -2.76%
RCM A -2.73%
HCP A -2.72%
SPR C -2.68%
K A -2.67%
JNPR A -2.66%
ANSS C -2.57%
INFN B -2.27%
SRCL A -2.19%
CHX F -2.19%
ENV A -2.17%
SILK A -2.16%
PETQ A -2.14%
EVRI A -2.13%
RVNC C -2.07%
HA A -2.02%
HES B -1.95%
DFS A -1.9%
X C -1.85%
DO D -1.83%
ALE A -1.81%
PRFT A -1.81%
PWSC C -1.81%
AXNX A -1.81%
INST A -1.79%
VZIO C -1.78%
AMK B -1.78%
GTHX A -1.72%
SRDX D -1.4%
FBMS B -1.16%
HTLF A -1.15%
BALY A -1.14%
CHUY B -1.13%
TWKS A -1.11%
MGRC A -1.07%
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%
SRCL A -0.5%
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