ARB vs. JSML ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Janus Small Cap Growth Alpha ETF (JSML)

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

JSML

Janus Small Cap Growth Alpha ETF

JSML Description

Janus Small Cap Growth Alpha ETF seeks investment results that correspond generally, before fees and expenses, to the performance of the Janus Small Cap Growth Alpha Index.

Grade (RS Rating)

Last Trade

$64.78

Average Daily Volume

9,395

Number of Holdings ^*

193

* may have additional holdings in another (foreign) market

Performance

Period	ARB	JSML
30 Days	0.67%	0.76%
60 Days	1.19%	1.04%
90 Days	2.09%	6.39%
12 Months	6.56%	32.98%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARB	Weight in JSML	Overlap

ARB Overweight 44 Positions Relative to JSML

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 193 Positions Relative to JSML

Symbol	Grade	Weight
CORT	B	-3.75%
DOCS	A	-3.46%
CRVL	D	-2.91%
HRI	A	-2.25%
CSWI	B	-2.15%
DY	C	-2.15%
CPRX	A	-1.91%
AMPH	A	-1.81%
STRL	B	-1.79%
PLXS	A	-1.77%
FELE	D	-1.76%
ADUS	D	-1.75%
DOCN	B	-1.71%
SANM	A	-1.64%
UFPT	D	-1.6%
IESC	A	-1.59%
RUSHA	A	-1.55%
LMAT	B	-1.46%
HRMY	D	-1.45%
KAI	A	-1.42%
IRDM	B	-1.42%
PAG	F	-1.35%
GMS	A	-1.35%
DV	F	-1.29%
CBZ	B	-1.27%
TGLS	B	-1.25%
USLM	A	-1.25%
PRIM	A	-1.25%
ALRM	F	-1.2%
PLUS	C	-1.18%
CNXC	F	-1.14%
STAA	F	-1.12%
AMR	F	-1.12%
HWKN	D	-1.06%
PGNY	F	-1.06%
NABL	F	-1.04%
OSIS	F	-1.03%
IPAR	D	-0.89%
EVCM	A	-0.87%
ALG	C	-0.78%
WS	A	-0.76%
MYRG	B	-0.73%
IAS	A	-0.72%
HLNE	A	-0.7%
PLAB	F	-0.67%
BOOT	D	-0.65%
TNC	F	-0.65%
NSSC	F	-0.65%
GPI	C	-0.62%
FOUR	B	-0.59%
MHO	D	-0.58%
LRN	A	-0.53%
TR	F	-0.5%
UMBF	A	-0.5%
ACMR	D	-0.5%
IRMD	C	-0.49%
CRAI	B	-0.49%
GOLF	D	-0.49%
ESGR	C	-0.48%
CVCO	A	-0.46%
GRBK	D	-0.45%
SFBS	A	-0.45%
TRNS	F	-0.43%
SSTK	D	-0.43%
YETI	F	-0.41%
HASI	B	-0.39%
BMBL	C	-0.39%
IBOC	B	-0.38%
VCTR	A	-0.38%
NX	C	-0.38%
AX	B	-0.37%
NAPA	A	-0.37%
ARRY	D	-0.36%
VITL	C	-0.35%
BANF	B	-0.35%
GSL	C	-0.33%
SHLS	F	-0.33%
UEC	B	-0.33%
PJT	B	-0.33%
PAYO	B	-0.32%
CEIX	A	-0.32%
CCRN	F	-0.31%
NMIH	D	-0.31%
KNTK	B	-0.31%
FHI	A	-0.31%
ABR	B	-0.29%
MLR	A	-0.29%
MGPI	F	-0.29%
TBBK	D	-0.27%
DCGO	B	-0.27%
SNEX	A	-0.27%
TCMD	A	-0.26%
GSHD	A	-0.26%
PLMR	D	-0.25%
CLFD	D	-0.24%
PLPC	A	-0.24%
INSW	F	-0.23%
ENVA	A	-0.23%
AEHR	D	-0.22%
AESI	F	-0.22%
KRT	C	-0.21%
IMKTA	D	-0.21%
SYBT	B	-0.2%
MCRI	A	-0.2%
MBIN	F	-0.2%
FC	D	-0.2%
MYE	F	-0.2%
NFE	F	-0.19%
MITK	D	-0.19%
SKWD	B	-0.19%
CASH	A	-0.18%
ANET	B	-0.18%
RDVT	A	-0.18%
CUBI	D	-0.15%
BWMN	F	-0.15%
XPEL	F	-0.15%
DFH	F	-0.15%
SMLR	C	-0.15%
SCLX	D	-0.14%
BOWL	F	-0.14%
WABC	B	-0.14%
HDSN	F	-0.14%
HCI	B	-0.13%
IIPR	C	-0.13%
TITN	D	-0.13%
QCRH	B	-0.13%
LPG	F	-0.13%
PFBC	B	-0.12%
BY	B	-0.12%
GABC	A	-0.12%
RC	F	-0.12%
IBEX	D	-0.12%
AMAL	B	-0.11%
TH	F	-0.11%
JOE	F	-0.11%
NSA	D	-0.11%
BFC	B	-0.1%
HGTY	C	-0.1%
PARR	F	-0.1%
ODC	C	-0.09%
HZO	F	-0.09%
TIPT	A	-0.08%
RMNI	D	-0.08%
ORRF	A	-0.08%
CCB	A	-0.08%
OSBC	B	-0.08%
CFB	D	-0.08%
ALTG	D	-0.08%
GRNT	F	-0.08%
NBN	A	-0.07%
MCB	B	-0.07%
ARHS	F	-0.07%
LOVE	B	-0.07%
ASC	F	-0.07%
BFST	A	-0.07%
RCMT	A	-0.07%
VEL	D	-0.07%
FSBC	B	-0.07%
ESQ	A	-0.06%
IMXI	F	-0.06%
HTBI	D	-0.06%
CCBG	A	-0.06%
NECB	B	-0.05%
ONEW	D	-0.05%
HNRG	B	-0.05%
FRD	D	-0.05%
BCAL	B	-0.05%
LINC	A	-0.05%
ATLC	A	-0.05%
PAY	A	-0.05%
UNTY	B	-0.04%
REFI	D	-0.04%
OBT	D	-0.04%
TCBX	A	-0.04%
PLYM	F	-0.04%
CBNK	B	-0.04%
FBIZ	C	-0.04%
NXRT	D	-0.04%
VTSI	D	-0.03%
CIVB	A	-0.03%
BWFG	C	-0.03%
SSBK	A	-0.03%
SACH	F	-0.02%
OPBK	A	-0.02%
AFCG	F	-0.02%
OVLY	A	-0.02%
PLBC	B	-0.02%
KFS	B	-0.02%
HGBL	C	-0.01%
PSTL	C	-0.01%
FRAF	A	-0.01%
MNSB	D	-0.01%
CZWI	A	-0.01%