ARB vs. BBC ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Virtus LifeSci Biotech Clinical Trials ETF (BBC)

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

$27.95

Average Daily Volume

8,778

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BBC

Virtus LifeSci Biotech Clinical Trials ETF

BBC Description

The Fund seeks investment results that correspond, before fees and expenses, to the price and yield performance of the LifeSci Biotechnology Clinical Trials Index, which tracks the performance of select clinical trials stage biotechnology companies.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

1,746

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ARB	BBC
30 Days	0.67%	4.40%
60 Days	1.19%	2.74%
90 Days	2.09%	6.26%
12 Months	6.56%	57.34%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARB	Weight in BBC	Overlap

ARB Overweight 44 Positions Relative to BBC

Symbol	Grade	Weight
MRO	C	2.76%
RCM	A	2.73%
CTLT	D	2.72%
HCP	A	2.72%
SPR	C	2.68%
K	A	2.67%
JNPR	A	2.66%
ANSS	C	2.57%
INFN	B	2.27%
SRCL	A	2.19%
CHX	F	2.19%
ENV	A	2.17%
SILK	A	2.16%
PETQ	A	2.14%
EVRI	A	2.13%
RVNC	C	2.07%
HA	A	2.02%
HES	B	1.95%
DFS	A	1.9%
X	C	1.85%
DO	D	1.83%
ALE	A	1.81%
PRFT	A	1.81%
PWSC	C	1.81%
AXNX	A	1.81%
INST	A	1.79%
VZIO	C	1.78%
AMK	B	1.78%
GTHX	A	1.72%
SRDX	D	1.4%
FBMS	B	1.16%
HTLF	A	1.15%
BALY	A	1.14%
CHUY	B	1.13%
TWKS	A	1.11%
MGRC	A	1.07%
ITI	A	1.07%
SWN	C	0.94%
CALT	C	0.58%
AAN	B	0.56%
CNSL	A	0.54%
AGS	A	0.53%
HAYN	A	0.53%
SRCL	A	0.5%

ARB Underweight 101 Positions Relative to BBC

Symbol	Grade	Weight
SRRK	B	-2.42%
LBPH	A	-2.35%
SMMT	C	-1.9%
WVE	B	-1.8%
IGMS	B	-1.57%
EWTX	B	-1.52%
VRDN	B	-1.4%
APLT	A	-1.34%
CNTA	A	-1.23%
ACLX	B	-1.22%
NRIX	B	-1.19%
PCVX	C	-1.19%
TYRA	F	-1.14%
VKTX	A	-1.11%
KYMR	C	-1.1%
PTGX	B	-1.08%
SAVA	D	-1.08%
ANAB	F	-1.05%
BLTE	A	-1.05%
COGT	B	-1.05%
ELVN	B	-1.04%
ABUS	D	-1.01%
REPL	B	-1.0%
CRNX	B	-0.99%
JANX	A	-0.99%
ANNX	B	-0.98%
QURE	B	-0.97%
KROS	A	-0.95%
RVMD	A	-0.94%
DNLI	C	-0.94%
IRON	D	-0.93%
PHVS	A	-0.93%
ERAS	C	-0.93%
NUVL	D	-0.93%
AKRO	A	-0.92%
PLRX	A	-0.9%
IMVT	F	-0.9%
RNA	C	-0.89%
ORIC	D	-0.87%
XENE	C	-0.87%
MLYS	B	-0.85%
VERA	A	-0.84%
CGON	F	-0.83%
RCUS	F	-0.83%
CELC	D	-0.81%
BCYC	D	-0.8%
ARVN	C	-0.8%
VERV	C	-0.8%
ALLO	D	-0.79%
XNCR	A	-0.78%
CYTK	F	-0.78%
AUTL	D	-0.77%
ALEC	D	-0.74%
OLMA	F	-0.74%
DYN	F	-0.73%
CMPS	F	-0.73%
SLN	F	-0.72%
SNDX	F	-0.72%
ARQT	D	-0.71%
MRUS	C	-0.71%
BEAM	F	-0.69%
TERN	D	-0.67%
ETNB	D	-0.66%
LRMR	C	-0.65%
LQDA	C	-0.65%
SVRA	D	-0.65%
KURA	F	-0.65%
ABCL	C	-0.64%
RLAY	F	-0.62%
NUVB	F	-0.61%
MGNX	C	-0.61%
CLDX	F	-0.61%
PRTA	F	-0.6%
IMNM	F	-0.59%
IDYA	F	-0.59%
ARWR	F	-0.59%
RCKT	F	-0.59%
RGNX	F	-0.58%
IMTX	F	-0.58%
CGEM	F	-0.57%
VIR	B	-0.56%
CVAC	F	-0.54%
STOK	C	-0.54%
RXRX	F	-0.53%
NTLA	F	-0.48%
ARCT	F	-0.47%
EDIT	F	-0.46%
ITOS	F	-0.42%
PGEN	F	-0.42%
PRME	C	-0.42%
SANA	F	-0.42%
TSHA	F	-0.37%
FULC	F	-0.33%
LYEL	F	-0.33%
ZNTL	D	-0.26%
FDMT	F	-0.26%
CABA	F	-0.24%
ALXO	F	-0.14%
SCLX	D	-0.12%
HLVX	C	-0.1%
AVTE	C	-0.07%