SPXZ vs. ARB ETF Comparison

Comparison of Morgan Creek - Exos SPAC Originated ETF (SPXZ) to AltShares Merger Arbitrage ETF (ARB)
SPXZ

Morgan Creek - Exos SPAC Originated ETF

SPXZ Description

SPXZ seeks to provide investors with liquid and transparent exposure to an actively managed portfolio of the “companies of the future” being launched via SPACs with the ultimate objective of seeking capital appreciation. • SPXZ seeks to provide a broad exposure to a cross-section of these companies, by targeting the largest 50 pre- and post-combination SPACs as measured by market capitalization. • SPXZ is actively managed with the goal of limiting exposure to poor performance companies. • SPXZ targets equal dollar weights of a portfolio of companies so no one company can have an outside effect on risk and return.

Grade (RS Rating)

Last Trade

$21.12

Average Daily Volume

83,193

Number of Holdings *

29

* 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

$25.40

Average Daily Volume

2,708

Number of Holdings *

34

* may have additional holdings in another (foreign) market
Performance
SPXZ ARB
30 Days -7.69% 0.95%
60 Days -21.02% 0.59%
90 Days -0.12%
12 Months
0 Overlapping Holdings
Grade Symbol Weight in SPXZ Weight in ARB Overlap
SPXZ Overweight 29 Positions Relative to ARB
Grade Symbol Weight
B AHCO 2.44%
C LPRO 2.25%
C MGY 2.18%
C BRMK 2.13%
D VRRM 2.12%
C VRT 2.1%
D DKNG 2.04%
F TTCF 1.93%
B OSW 1.91%
F SPCE 1.79%
F SAII 1.53%
F WPF 0.76%
F CCX 0.75%
F GOAC 0.73%
F JWS 0.72%
F ETAC 0.72%
F RBAC 0.71%
F PRPB 0.71%
F AACQ 0.69%
F DGNR 0.69%
D SSPK 0.69%
F HEC 0.69%
F PSTH 0.65%
F GSAH 0.65%
F FTOC 0.64%
C DMYD 0.64%
D APXT 0.62%
F CCIV 0.61%
F SRAC 0.52%
SPXZ Underweight 34 Positions Relative to ARB
Grade Symbol Weight
A EV -5.0%
A RP -3.3%
A VAR -3.22%
B ALXN -3.21%
A WLTW -3.11%
C WORK -3.08%
A PRSP -3.01%
C CUB -2.89%
B MXIM -2.88%
B TCF -2.82%
D CHNG -2.8%
D XLNX -2.79%
A FLIR -2.73%
F GRUB -2.49%
A 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%
A CBB -1.47%
D TCP -1.47%
D BPFH -1.43%
A INFO -1.41%
B AT -0.76%
A ANH -0.65%
A TPCO -0.65%
B PROS -0.52%
A PTVCB -0.52%
B MS --1.04%
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