QVAL vs. ARB ETF Comparison
Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to AltShares Merger Arbitrage ETF (ARB)
QVAL
ValueShares U.S. Quantitative Value ETF
QVAL Description
The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$46.14
Average Daily Volume
18,767
50
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
$27.92
Average Daily Volume
11,089
43
Performance
| Period | QVAL | ARB |
|---|---|---|
| 30 Days | 1.96% | 0.04% |
| 60 Days | 1.90% | 0.20% |
| 90 Days | 3.12% | 1.26% |
| 12 Months | 25.13% | 5.53% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QVAL | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| HES | B | 2.14% | 1.95% | 1.95% |
QVAL Overweight 49 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| TPR | B | 2.28% | |
| BKR | A | 2.26% | |
| UAL | A | 2.22% | |
| MO | A | 2.19% | |
| TAP | C | 2.18% | |
| FTI | A | 2.15% | |
| ALSN | B | 2.14% | |
| FOXA | A | 2.12% | |
| LRN | A | 2.12% | |
| GTES | A | 2.11% | |
| DAL | B | 2.1% | |
| SNA | A | 2.1% | |
| WFRD | D | 2.07% | |
| TGT | F | 2.07% | |
| URBN | C | 2.06% | |
| SM | B | 2.06% | |
| ANF | F | 2.05% | |
| SIG | B | 2.02% | |
| JBL | C | 2.02% | |
| CTSH | B | 2.02% | |
| TOL | B | 2.01% | |
| MHK | D | 2.0% | |
| HPQ | B | 2.0% | |
| CMCSA | B | 1.99% | |
| MMM | D | 1.99% | |
| TEX | F | 1.99% | |
| UTHR | C | 1.98% | |
| WSM | C | 1.97% | |
| CAT | B | 1.97% | |
| HRB | D | 1.96% | |
| CVS | D | 1.95% | |
| GPK | C | 1.95% | |
| BBY | D | 1.94% | |
| DKS | D | 1.94% | |
| LEN | D | 1.92% | |
| CNH | C | 1.9% | |
| ELV | F | 1.9% | |
| THC | D | 1.89% | |
| OMC | C | 1.89% | |
| LYB | F | 1.88% | |
| CNC | D | 1.87% | |
| FCX | F | 1.87% | |
| UHS | D | 1.87% | |
| CRI | F | 1.85% | |
| IPG | D | 1.8% | |
| MAT | D | 1.78% | |
| MOH | F | 1.76% | |
| ASO | F | 1.76% | |
| CROX | D | 1.7% |
QVAL Underweight 42 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | -2.76% | |
| RCM | A | -2.73% | |
| CTLT | C | -2.72% | |
| HCP | B | -2.72% | |
| SPR | D | -2.68% | |
| K | A | -2.67% | |
| JNPR | D | -2.66% | |
| ANSS | B | -2.57% | |
| INFN | D | -2.27% | |
| SRCL | B | -2.19% | |
| CHX | C | -2.19% | |
| ENV | B | -2.17% | |
| SILK | A | -2.16% | |
| PETQ | A | -2.14% | |
| EVRI | A | -2.13% | |
| RVNC | F | -2.07% | |
| HA | A | -2.02% | |
| DFS | B | -1.9% | |
| X | B | -1.85% | |
| DO | D | -1.83% | |
| ALE | A | -1.81% | |
| PRFT | B | -1.81% | |
| PWSC | C | -1.81% | |
| AXNX | A | -1.81% | |
| INST | B | -1.79% | |
| VZIO | A | -1.78% | |
| AMK | B | -1.78% | |
| GTHX | A | -1.72% | |
| SRDX | B | -1.4% | |
| FBMS | B | -1.16% | |
| HTLF | B | -1.15% | |
| BALY | B | -1.14% | |
| CHUY | B | -1.13% | |
| TWKS | B | -1.11% | |
| MGRC | B | -1.07% | |
| SWN | C | -0.94% | |
| CALT | C | -0.58% | |
| AAN | B | -0.56% | |
| CNSL | C | -0.54% | |
| AGS | A | -0.53% | |
| HAYN | A | -0.53% | |
| SRCL | B | -0.5% |
QVAL: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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