SPCX vs. ARB ETF Comparison

Comparison of The SPAC and New Issue ETF (SPCX) to AltShares Merger Arbitrage ETF (ARB)
SPCX

The SPAC and New Issue ETF

SPCX Description

The dynamic and evolving nature of the burgeoning SPAC market demands an equally dynamic and agile approach to managing a broad portfolio of SPACs. This is no place for an index fund. Such a strategy has traditionally been offered only to institutional-level investors. Until now. Introducing The SPAC and New Issue ETF, the first actively-managed SPAC exchange traded fund.

Grade (RS Rating)

Last Trade

$28.58

Average Daily Volume

264,549

Number of Holdings *

10

* 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

$25.61

Average Daily Volume

2,239

Number of Holdings *

34

* may have additional holdings in another (foreign) market
Performance
SPCX ARB
30 Days -0.69% 1.40%
60 Days -10.16% 1.66%
90 Days 1.52% 0.96%
12 Months
0 Overlapping Holdings
Grade Symbol Weight in SPCX Weight in ARB Overlap
SPCX Overweight 10 Positions Relative to ARB
Grade Symbol Weight
F PRPB 4.34%
F ETAC 2.39%
F CCAC 2.19%
F TREB 1.97%
D KSMT 1.97%
F HEC 1.6%
F GOAC 1.4%
F DEH 1.16%
D CPSR 0.56%
D SSPK 0.13%
SPCX Underweight 34 Positions Relative to ARB
Grade Symbol Weight
A EV -5.0%
A RP -3.3%
A VAR -3.22%
A ALXN -3.21%
B WLTW -3.11%
B WORK -3.08%
A PRSP -3.01%
B CUB -2.89%
C MXIM -2.88%
C TCF -2.82%
C CHNG -2.8%
D XLNX -2.79%
A FLIR -2.73%
B GRUB -2.49%
B MGLN -2.08%
A PNM -2.08%
A HMSY -2.08%
C NAV -2.03%
B CMD -2.01%
C CATM -1.98%
B CIT -1.84%
C QEP -1.58%
B OXFD -1.51%
B SPWH -1.49%
B CBB -1.47%
D TCP -1.47%
C BPFH -1.43%
A INFO -1.41%
B AT -0.76%
A ANH -0.65%
C TPCO -0.65%
B PROS -0.52%
B PTVCB -0.52%
B MS --1.04%
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