XHYI vs. ARB ETF Comparison

Comparison of BondBloxx USD High Yield Bond Industrial Sector ETF (XHYI) to AltShares Merger Arbitrage ETF (ARB)

XHYI

BondBloxx USD High Yield Bond Industrial Sector ETF

XHYI Description

The BondBloxx USD High Yield Bond Industrial Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the industrial sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Core Industrial Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the industrial sector, including the basic materials, capital goods, transportation and services subsectors.

Grade (RS Rating)

Last Trade

$37.56

Average Daily Volume

5,864

Number of Holdings ^*

101

* 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

$26.86

Average Daily Volume

19,624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XHYI	ARB
30 Days	0.75%	-0.96%
60 Days	0.88%	-0.82%
90 Days	1.16%	0.38%
12 Months	8.43%	7.23%

3 Overlapping Holdings

Symbol	Grade	Weight in XHYI	Weight in ARB	Overlap
DOOR	A	0.23%	2.7%	0.23%
HA	C	0.51%	1.29%	0.51%
X	D	0.39%	1.82%	0.39%

XHYI Overweight 98 Positions Relative to ARB

Symbol	Grade	Weight
OLN	D	0.66%
TDG	A	0.59%
XPO	D	0.53%
AVNT	B	0.52%
CCK	B	0.52%
HRI	D	0.52%
TROX	B	0.47%
HEES	D	0.47%
AXTA	A	0.45%
CASH	B	0.43%
UBER	D	0.41%
WCC	B	0.41%
CCS	D	0.4%
TSE	F	0.39%
ACM	D	0.39%
HI	F	0.39%
KAR	B	0.38%
GFF	C	0.38%
DBD	A	0.38%
CLH	B	0.38%
ADT	B	0.38%
DAL	A	0.38%
MHO	C	0.37%
MERC	C	0.37%
JELD	F	0.37%
ATI	B	0.37%
BCO	A	0.37%
CC	B	0.37%
VVV	D	0.36%
IT	D	0.36%
AAL	C	0.36%
SRCL	D	0.35%
NGVT	B	0.35%
KALU	A	0.35%
CSTM	D	0.35%
BLDR	D	0.35%
SAVE	F	0.28%
MTH	A	0.27%
SLVM	C	0.27%
HL	B	0.27%
AA	B	0.27%
TRN	A	0.26%
RYAM	C	0.26%
LXU	C	0.26%
HXL	C	0.26%
EVA	D	0.26%
CRS	B	0.26%
CMP	F	0.26%
BZH	D	0.26%
BERY	C	0.26%
TPH	A	0.26%
SEE	B	0.26%
ZIP	F	0.25%
UAN	C	0.25%
TPC	A	0.25%
SLGN	B	0.25%
PBI	B	0.25%
GLT	F	0.25%
FUL	C	0.25%
FLR	D	0.25%
ENS	B	0.25%
ASGN	C	0.25%
CAR	D	0.25%
TMHC	B	0.25%
UAL	B	0.25%
ARMK	B	0.25%
BLD	C	0.24%
APG	D	0.24%
TNET	D	0.24%
SXC	D	0.24%
ESI	D	0.24%
CNDT	B	0.24%
ATGE	A	0.24%
BECN	C	0.24%
OI	F	0.24%
GPK	C	0.24%
SPR	D	0.24%
URI	C	0.24%
HWM	B	0.24%
PATK	C	0.23%
ASH	A	0.23%
HTZ	F	0.23%
TWI	F	0.13%
IBP	D	0.13%
HCC	C	0.13%
TGI	C	0.13%
BTU	F	0.12%
MATV	C	0.12%
REZI	C	0.12%
LPX	A	0.12%
LGIH	D	0.12%
BXC	D	0.12%
ATKR	D	0.12%
CMC	B	0.12%
KBH	B	0.12%
CLF	D	0.12%
PKOH	B	0.11%
CDE	B	0.11%

XHYI Underweight 29 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%
AXNX	D	-2.74%
JNPR	D	-2.68%
CERE	C	-2.64%
EVBG	D	-2.08%
VZIO	D	-2.0%
KAMN	A	-1.96%
DFS	C	-1.89%
CPRI	F	-1.88%
SWN	C	-1.86%
SP	B	-1.39%
HAYN	D	-1.39%
AMED	A	-1.36%
OLK	C	-1.31%
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	B	-0.52%
ONB	A	--0.13%
CHRD	B	--1.89%
COF	B	--2.2%