PSCU vs. ARB ETF Comparison
Comparison of PowerShares S&P SmallCap Utilities Portfolio (PSCU) to AltShares Merger Arbitrage ETF (ARB)
PSCU
PowerShares S&P SmallCap Utilities Portfolio
PSCU Description
The PowerShares S&P SmallCap Utilities Portfolio (Fund) is based on the S&P SmallCap 600® Capped Utilities & Telecom Services Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US utilities and telecommunication services companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$49.54
Average Daily Volume
1,554
33
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
$26.69
Average Daily Volume
24,623
32
Performance
| Period | PSCU | ARB |
|---|---|---|
| 30 Days | -2.38% | -1.55% |
| 60 Days | -4.30% | -0.26% |
| 90 Days | -3.75% | -0.32% |
| 12 Months | -9.82% | 3.65% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PSCU | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| CNSL | C | 0.6% | 0.65% | 0.6% |
PSCU Overweight 32 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| OTTR | B | 6.76% | |
| MSGS | D | 5.72% | |
| TRIP | C | 5.42% | |
| MGEE | A | 5.3% | |
| AVA | A | 5.08% | |
| CCOI | D | 5.01% | |
| CWT | D | 4.98% | |
| YELP | D | 4.89% | |
| AWR | F | 4.82% | |
| CPK | B | 4.34% | |
| CNK | A | 3.81% | |
| CARG | C | 3.77% | |
| CWEN | B | 3.48% | |
| SATS | B | 3.08% | |
| SJW | D | 2.99% | |
| TDS | D | 2.85% | |
| LUMN | F | 2.59% | |
| NWN | B | 2.53% | |
| CARS | D | 2.04% | |
| SSTK | F | 1.96% | |
| SCHL | D | 1.78% | |
| QNST | A | 1.71% | |
| MSEX | D | 1.63% | |
| UTL | B | 1.53% | |
| TTGT | F | 1.5% | |
| SHEN | F | 1.46% | |
| CWEN | B | 1.36% | |
| THRY | A | 1.29% | |
| GOGO | F | 0.97% | |
| AMCX | D | 0.64% | |
| MCS | F | 0.63% | |
| ATNI | D | 0.54% |
PSCU Underweight 31 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -3.66% | |
| HES | A | -3.57% | |
| CTLT | C | -3.52% | |
| ANSS | C | -3.4% | |
| MDC | A | -2.74% | |
| AXNX | C | -2.74% | |
| DOOR | A | -2.7% | |
| JNPR | C | -2.68% | |
| CERE | B | -2.64% | |
| EVBG | A | -2.08% | |
| VZIO | A | -2.0% | |
| KAMN | A | -1.96% | |
| DFS | A | -1.89% | |
| CPRI | F | -1.88% | |
| SWN | A | -1.86% | |
| X | D | -1.82% | |
| SP | B | -1.39% | |
| HAYN | A | -1.39% | |
| AMED | D | -1.36% | |
| OLK | D | -1.31% | |
| HA | C | -1.29% | |
| MGRC | D | -1.01% | |
| WRK | A | -0.99% | |
| EGLE | B | -0.73% | |
| TAST | A | -0.69% | |
| NWLI | A | -0.66% | |
| CSTR | A | -0.61% | |
| TGAN | C | -0.52% | |
| ONB | B | --0.13% | |
| CHRD | A | --1.89% | |
| COF | A | --2.2% |
PSCU: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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