ARB vs. GUSH ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH)
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
$27.77
Average Daily Volume
9,771
45
GUSH
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares
GUSH Description
The investment seeks daily investment results, of 300% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; options on securities and indices; reverse repurchase agreements; ETFs; and other financial instruments. It is non-diversified.Grade (RS Rating)
Last Trade
$28.65
Average Daily Volume
571,382
48
Performance
| Period | ARB | GUSH |
|---|---|---|
| 30 Days | 1.05% | -11.52% |
| 60 Days | 2.03% | -19.61% |
| 90 Days | 3.67% | -17.41% |
| 12 Months | 6.05% | -25.62% |
ARB Overweight 39 Positions Relative to GUSH
| Symbol | Grade | Weight | |
|---|---|---|---|
| AIRC | A | 3.34% | |
| HCP | A | 3.33% | |
| ANSS | F | 3.06% | |
| WIRE | A | 2.76% | |
| HIBB | A | 2.69% | |
| PRFT | A | 2.69% | |
| EDR | A | 2.67% | |
| CHX | D | 2.56% | |
| ETRN | D | 2.51% | |
| JNPR | A | 2.31% | |
| CTLT | B | 2.24% | |
| ALE | A | 2.09% | |
| AXNX | B | 2.09% | |
| VZIO | A | 1.99% | |
| EVBG | B | 1.98% | |
| X | D | 1.89% | |
| CERE | A | 1.88% | |
| HTLF | B | 1.88% | |
| AMK | B | 1.83% | |
| DFS | C | 1.77% | |
| CPRI | D | 1.75% | |
| MODN | B | 1.51% | |
| AMED | C | 1.45% | |
| MGRC | F | 1.36% | |
| AGS | D | 1.32% | |
| HAYN | D | 1.31% | |
| NWLI | A | 1.28% | |
| HA | A | 1.23% | |
| WRK | C | 0.94% | |
| SBOW | D | 0.82% | |
| OSG | A | 0.67% | |
| IBTX | B | 0.67% | |
| OLK | A | 0.62% | |
| SRCL | A | 0.6% | |
| CNSL | A | 0.57% | |
| TGAN | B | 0.28% | |
| UMBF | B | -0.59% | |
| SSB | B | -0.68% | |
| SNPS | D | -1.86% |
ARB Underweight 42 Positions Relative to GUSH
| Symbol | Grade | Weight | |
|---|---|---|---|
| XOM | D | -2.1% | |
| EOG | D | -2.06% | |
| MPC | D | -1.96% | |
| MRO | D | -1.96% | |
| COP | D | -1.94% | |
| PSX | D | -1.9% | |
| FANG | D | -1.89% | |
| CVX | D | -1.88% | |
| VLO | D | -1.84% | |
| MTDR | D | -1.83% | |
| DVN | F | -1.81% | |
| PR | D | -1.8% | |
| APA | F | -1.76% | |
| OXY | F | -1.76% | |
| CTRA | F | -1.76% | |
| DINO | D | -1.75% | |
| OVV | D | -1.74% | |
| CNX | A | -1.73% | |
| RRC | D | -1.7% | |
| CIVI | F | -1.67% | |
| AR | D | -1.65% | |
| MGY | C | -1.62% | |
| SM | D | -1.57% | |
| MUR | D | -1.51% | |
| PBF | F | -1.42% | |
| NOG | D | -1.16% | |
| TPL | C | -1.06% | |
| CRC | C | -0.95% | |
| KOS | F | -0.8% | |
| GPOR | C | -0.59% | |
| TALO | F | -0.59% | |
| DK | F | -0.48% | |
| PARR | F | -0.44% | |
| CRK | D | -0.4% | |
| GPRE | F | -0.36% | |
| CVI | F | -0.26% | |
| REX | D | -0.24% | |
| TELL | C | -0.23% | |
| BRY | F | -0.17% | |
| EGY | D | -0.17% | |
| CLNE | C | -0.12% | |
| SD | D | -0.1% |
ARB: Top Represented Industries & Keywords
GUSH: Top Represented Industries & Keywords
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