PSIL vs. ARB ETF Comparison
Comparison of AdvisorShares Psychedelics ETF (PSIL) to AltShares Merger Arbitrage ETF (ARB)
PSIL
AdvisorShares Psychedelics ETF
PSIL Description
AdvisorShares Trust - AdvisorShares Psychedelics ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC. The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across healthcare, pharmaceuticals, biotechnology and life sciences companies focused on plant-based psychedelic medicines as well as other companies with business activities in the psychedelics industry sectors. The fund uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The investment seeks long-term capital appreciation. AdvisorShares Trust - AdvisorShares Psychedelics ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$1.27
Average Daily Volume
79,287
9
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
24,093
32
Performance
| Period | PSIL | ARB |
|---|---|---|
| 30 Days | -11.11% | -1.48% |
| 60 Days | -12.33% | -0.53% |
| 90 Days | -8.57% | -0.16% |
| 12 Months | -27.25% | 3.69% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PSIL | Weight in ARB | Overlap |
|---|
PSIL Underweight 32 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -3.66% | |
| HES | A | -3.57% | |
| CTLT | D | -3.52% | |
| ANSS | D | -3.4% | |
| MDC | A | -2.74% | |
| AXNX | D | -2.74% | |
| DOOR | A | -2.7% | |
| JNPR | D | -2.68% | |
| CERE | B | -2.64% | |
| EVBG | A | -2.08% | |
| VZIO | C | -2.0% | |
| KAMN | A | -1.96% | |
| DFS | A | -1.89% | |
| CPRI | F | -1.88% | |
| SWN | A | -1.86% | |
| X | D | -1.82% | |
| SP | C | -1.39% | |
| HAYN | A | -1.39% | |
| AMED | D | -1.36% | |
| OLK | D | -1.31% | |
| HA | D | -1.29% | |
| MGRC | D | -1.01% | |
| WRK | B | -0.99% | |
| EGLE | B | -0.73% | |
| TAST | A | -0.69% | |
| NWLI | A | -0.66% | |
| CNSL | D | -0.65% | |
| CSTR | A | -0.61% | |
| TGAN | C | -0.52% | |
| ONB | B | --0.13% | |
| CHRD | B | --1.89% | |
| COF | A | --2.2% |
PSIL: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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