XHE vs. ARB ETF Comparison
Comparison of SPDR S&P Health Care Equipment (XHE) to AltShares Merger Arbitrage ETF (ARB)
XHE
SPDR S&P Health Care Equipment
XHE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$86.13
Average Daily Volume
23,726
66
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
$26.79
Average Daily Volume
22,318
32
Performance
Period | XHE | ARB |
---|---|---|
30 Days | 0.55% | -1.06% |
60 Days | -0.55% | -1.16% |
90 Days | -0.20% | 0.70% |
12 Months | -11.69% | 6.15% |
1 Overlapping Holdings
Symbol | Grade | Weight in XHE | Weight in ARB | Overlap | |
---|---|---|---|---|---|
AXNX | C | 1.62% | 2.74% | 1.62% |
XHE Overweight 65 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
TMDX | A | 2.31% | |
SWAV | A | 2.15% | |
STAA | B | 2.05% | |
INSP | B | 2.02% | |
SILK | B | 2.02% | |
PRCT | B | 2.02% | |
TNDM | B | 1.94% | |
UFPT | B | 1.94% | |
LIVN | B | 1.91% | |
HAE | A | 1.9% | |
RMD | B | 1.87% | |
GKOS | B | 1.86% | |
LNTH | B | 1.77% | |
RXST | B | 1.77% | |
BSX | B | 1.75% | |
MMSI | B | 1.67% | |
ATEC | F | 1.66% | |
MASI | B | 1.64% | |
IRTC | D | 1.64% | |
HOLX | C | 1.63% | |
BDX | F | 1.6% | |
NARI | F | 1.59% | |
PODD | C | 1.56% | |
ISRG | D | 1.56% | |
ITGR | D | 1.56% | |
MDT | D | 1.56% | |
OMCL | C | 1.56% | |
TFX | F | 1.55% | |
ZBH | D | 1.55% | |
ICUI | F | 1.54% | |
NVST | F | 1.53% | |
DXCM | D | 1.53% | |
SYK | D | 1.51% | |
BAX | F | 1.51% | |
ALGN | F | 1.5% | |
GMED | F | 1.5% | |
EW | D | 1.5% | |
ENOV | F | 1.47% | |
XRAY | F | 1.47% | |
STE | D | 1.44% | |
ABT | F | 1.44% | |
PEN | F | 1.38% | |
GEHC | D | 1.37% | |
IDXX | F | 1.37% | |
OFIX | F | 1.32% | |
CNMD | F | 1.32% | |
IART | F | 1.3% | |
NVCR | D | 1.26% | |
SIBN | F | 1.24% | |
NEOG | F | 1.23% | |
TMCI | F | 1.19% | |
AVNS | D | 1.14% | |
NVRO | F | 1.12% | |
ATRC | F | 1.12% | |
LMAT | A | 1.07% | |
VREX | F | 1.03% | |
KIDS | B | 0.96% | |
EMBC | F | 0.95% | |
FNA | D | 0.85% | |
ZIMV | D | 0.83% | |
OSUR | F | 0.8% | |
TCMD | F | 0.75% | |
LUNG | D | 0.55% | |
ATRI | B | 0.53% | |
SRDX | B | 0.3% |
XHE Underweight 31 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
PXD | B | -3.66% | |
HES | B | -3.57% | |
CTLT | D | -3.52% | |
ANSS | D | -3.4% | |
MDC | A | -2.74% | |
DOOR | A | -2.7% | |
JNPR | D | -2.68% | |
CERE | B | -2.64% | |
EVBG | B | -2.08% | |
VZIO | D | -2.0% | |
KAMN | A | -1.96% | |
DFS | B | -1.89% | |
CPRI | F | -1.88% | |
SWN | B | -1.86% | |
X | D | -1.82% | |
SP | C | -1.39% | |
HAYN | C | -1.39% | |
AMED | D | -1.36% | |
OLK | D | -1.31% | |
HA | D | -1.29% | |
MGRC | D | -1.01% | |
WRK | A | -0.99% | |
EGLE | B | -0.73% | |
TAST | A | -0.69% | |
NWLI | A | -0.66% | |
CNSL | C | -0.65% | |
CSTR | A | -0.61% | |
TGAN | A | -0.52% | |
ONB | A | --0.13% | |
CHRD | B | --1.89% | |
COF | B | --2.2% |
XHE: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords