SIXG vs. ARB ETF Comparison

Comparison of Defiance Connective Technologies ETF (SIXG) to AltShares Merger Arbitrage ETF (ARB)

SIXG

Defiance Connective Technologies ETF

SIXG Description

The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index is a rules-based index that consists of a tiered, modified market capitalization-weighted portfolio of the U.S.-listed equity securities, including depositary receipts, of companies whose products or services are predominantly tied to the development of 5G networking and communication technologies (collectively, "5G Companies").

Grade (RS Rating)

Last Trade

$46.13

Average Daily Volume

19,374

Number of Holdings ^*

* 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

$27.94

Average Daily Volume

11,353

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXG	ARB
30 Days	4.25%	0.17%
60 Days	7.76%	0.43%
90 Days	8.93%	1.37%
12 Months		5.64%

3 Overlapping Holdings

Symbol	Grade	Weight in SIXG	Weight in ARB	Overlap
HCP	B	1.5%	2.72%	1.5%
INFN	C	1.49%	2.27%	1.49%
JNPR	F	1.46%	2.66%	1.46%

SIXG Overweight 46 Positions Relative to ARB

Symbol	Grade	Weight
NVDA	C	5.65%
ORCL	B	5.22%
AVGO	D	4.84%
AAPL	C	4.7%
CSCO	B	4.16%
QCOM	F	3.32%
ANET	C	2.67%
MRVL	B	2.39%
CRDO	B	2.2%
GSAT	C	2.15%
DDOG	A	2.09%
IDCC	A	2.02%
CIEN	B	1.9%
ERIC	B	1.86%
KD	B	1.83%
NOK	D	1.82%
ATEN	B	1.82%
FFIV	B	1.8%
MTSI	B	1.8%
CSGS	B	1.74%
VIAV	B	1.72%
KEYS	A	1.71%
NTAP	C	1.68%
TMUS	B	1.66%
EXTR	B	1.64%
NTCT	C	1.63%
DT	C	1.62%
SWI	B	1.55%
IRDM	D	1.53%
DOX	D	1.52%
ARM	D	1.51%
T	A	1.48%
MXL	C	1.46%
AKAM	D	1.44%
EQIX	A	1.44%
DOCN	D	1.35%
VZ	C	1.33%
SWKS	F	1.32%
NPAB	B	1.29%
NABL	F	1.24%
CCI	D	1.21%
CALX	D	1.21%
COMM	D	1.17%
AMT	D	1.15%
QRVO	F	0.94%
VSAT	F	0.72%

SIXG Underweight 40 Positions Relative to ARB

Symbol	Grade	Weight
MRO	B	-2.76%
RCM	F	-2.73%
CTLT	B	-2.72%
SPR	D	-2.68%
K	A	-2.67%
ANSS	B	-2.57%
SRCL	C	-2.19%
CHX	C	-2.19%
ENV	B	-2.17%
SILK	F	-2.16%
PETQ	D	-2.14%
EVRI	A	-2.13%
RVNC	F	-2.07%
HA	D	-2.02%
HES	B	-1.95%
DFS	B	-1.9%
X	C	-1.85%
DO	D	-1.83%
ALE	A	-1.81%
PRFT	D	-1.81%
PWSC	C	-1.81%
AXNX	C	-1.81%
INST	C	-1.79%
VZIO	A	-1.78%
AMK	D	-1.78%
GTHX	D	-1.72%
SRDX	B	-1.4%
FBMS	B	-1.16%
HTLF	B	-1.15%
BALY	C	-1.14%
CHUY	D	-1.13%
TWKS	D	-1.11%
MGRC	B	-1.07%
SWN	D	-0.94%
CALT	D	-0.58%
AAN	D	-0.56%
CNSL	C	-0.54%
AGS	A	-0.53%
HAYN	C	-0.53%
SRCL	C	-0.5%