PTEC vs. ARB ETF Comparison
Comparison of Global X PropTech ETF (PTEC) to AltShares Merger Arbitrage ETF (ARB)
PTEC
Global X PropTech ETF
PTEC Description
The fund invests at least 80% of its net assets, plus borrowings for investments purposes (if any), in the securities of the Global X PropTech Index, which may include common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is owned and was developed by Global X Management Company LLC, an affiliate of the fund and the fund's investment adviser. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$30.40
Average Daily Volume
94
8
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
$26.72
Average Daily Volume
21,777
32
Performance
| Period | PTEC | ARB |
|---|---|---|
| 30 Days | -5.15% | -1.67% |
| 60 Days | 0.11% | -0.47% |
| 90 Days | 2.67% | -0.12% |
| 12 Months | 28.55% | 4.12% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PTEC | Weight in ARB | Overlap |
|---|
PTEC Underweight 32 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | -3.66% | |
| HES | A | -3.57% | |
| CTLT | C | -3.52% | |
| ANSS | C | -3.4% | |
| MDC | A | -2.74% | |
| AXNX | D | -2.74% | |
| DOOR | A | -2.7% | |
| JNPR | D | -2.68% | |
| CERE | A | -2.64% | |
| EVBG | B | -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 | B | -1.39% | |
| HAYN | A | -1.39% | |
| AMED | D | -1.36% | |
| OLK | C | -1.31% | |
| HA | D | -1.29% | |
| MGRC | C | -1.01% | |
| WRK | B | -0.99% | |
| EGLE | B | -0.73% | |
| TAST | A | -0.69% | |
| NWLI | A | -0.66% | |
| CNSL | C | -0.65% | |
| CSTR | A | -0.61% | |
| TGAN | B | -0.52% | |
| ONB | B | --0.13% | |
| CHRD | A | --1.89% | |
| COF | A | --2.2% |
PTEC: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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