ARB vs. KRE ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to SPDR S&P Regional Banking ETF (KRE)
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
Number of Holdings
*
45
* may have additional holdings in another (foreign) market
KRE
SPDR S&P Regional Banking ETF
KRE 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 regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks 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 regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$57.26
Average Daily Volume
15,755,434
Number of Holdings
*
137
* may have additional holdings in another (foreign) market
Performance
| Period | ARB | KRE |
|---|---|---|
| 30 Days | 1.05% | 3.17% |
| 60 Days | 2.03% | 2.27% |
| 90 Days | 3.67% | 22.59% |
| 12 Months | 6.05% | 38.36% |
ARB Overweight 41 Positions Relative to KRE
| Symbol | Grade | Weight | |
|---|---|---|---|
| AIRC | A | 3.34% | |
| HCP | A | 3.33% | |
| HES | D | 3.31% | |
| 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% | |
| SWN | D | 1.85% | |
| 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% | |
| OLK | A | 0.62% | |
| SRCL | A | 0.6% | |
| CNSL | A | 0.57% | |
| TGAN | B | 0.28% | |
| CRGY | D | -0.49% | |
| SNPS | D | -1.86% | |
| CHK | D | -1.94% | |
| CHRD | F | -2.18% | |
| EQT | D | -2.53% |
ARB Underweight 133 Positions Relative to KRE
| Symbol | Grade | Weight | |
|---|---|---|---|
| WAL | B | -2.57% | |
| COLB | B | -2.44% | |
| VLY | C | -2.41% | |
| SNV | C | -2.25% | |
| MTB | B | -2.19% | |
| TFC | D | -2.18% | |
| CFG | D | -2.17% | |
| RF | B | -2.17% | |
| HBAN | B | -2.14% | |
| EWBC | C | -2.11% | |
| ZION | D | -2.1% | |
| WBS | C | -2.07% | |
| FHN | D | -2.04% | |
| OZK | D | -2.02% | |
| CFR | C | -2.01% | |
| PNFP | B | -1.8% | |
| PB | B | -1.76% | |
| WTFC | B | -1.68% | |
| BPOP | C | -1.63% | |
| CADE | B | -1.62% | |
| TBBK | B | -1.53% | |
| ONB | C | -1.52% | |
| BANC | B | -1.51% | |
| AX | D | -1.43% | |
| FNB | D | -1.38% | |
| TCBI | B | -1.33% | |
| CBSH | C | -1.23% | |
| BKU | C | -1.22% | |
| ASB | D | -1.18% | |
| GBCI | B | -1.15% | |
| HOMB | B | -1.15% | |
| HWC | D | -1.12% | |
| FIBK | B | -1.01% | |
| FULT | C | -1.01% | |
| PFS | B | -0.86% | |
| UBSI | B | -0.84% | |
| ABCB | B | -0.84% | |
| FBP | C | -0.81% | |
| FFIN | B | -0.8% | |
| BOH | C | -0.78% | |
| INDB | C | -0.74% | |
| UCBI | B | -0.72% | |
| CBU | C | -0.71% | |
| FHB | C | -0.71% | |
| CUBI | F | -0.69% | |
| CATY | B | -0.68% | |
| BOKF | B | -0.68% | |
| WAFD | B | -0.68% | |
| AUB | C | -0.63% | |
| CVBF | C | -0.62% | |
| EBC | B | -0.61% | |
| PPBI | D | -0.61% | |
| IBOC | C | -0.61% | |
| SFBS | B | -0.6% | |
| WSFS | C | -0.58% | |
| SBCF | C | -0.51% | |
| CASH | B | -0.5% | |
| BANR | B | -0.47% | |
| SFNC | B | -0.46% | |
| NWBI | C | -0.46% | |
| VBTX | B | -0.44% | |
| FRME | C | -0.44% | |
| SASR | B | -0.44% | |
| OFG | C | -0.42% | |
| TOWN | B | -0.4% | |
| FFBC | C | -0.39% | |
| TRMK | C | -0.38% | |
| HTH | C | -0.37% | |
| EGBN | C | -0.36% | |
| NBTB | D | -0.35% | |
| PRK | C | -0.34% | |
| FCF | C | -0.34% | |
| HOPE | B | -0.34% | |
| LOB | B | -0.32% | |
| RNST | D | -0.32% | |
| PFBC | C | -0.3% | |
| LKFN | C | -0.3% | |
| CHCO | B | -0.3% | |
| BANF | B | -0.3% | |
| NBHC | C | -0.29% | |
| WABC | D | -0.29% | |
| EFSC | B | -0.28% | |
| BHLB | C | -0.28% | |
| STBA | B | -0.28% | |
| FBNC | B | -0.27% | |
| WSBC | D | -0.27% | |
| FBMS | B | -0.25% | |
| FBK | B | -0.25% | |
| OCFC | B | -0.23% | |
| CFFN | C | -0.23% | |
| DCOM | B | -0.23% | |
| SYBT | B | -0.21% | |
| TCBK | C | -0.21% | |
| CPF | B | -0.2% | |
| MCB | C | -0.2% | |
| BRKL | C | -0.19% | |
| BUSE | C | -0.18% | |
| HAFC | C | -0.17% | |
| QCRH | B | -0.17% | |
| SBSI | B | -0.17% | |
| CNOB | B | -0.17% | |
| HFWA | C | -0.17% | |
| OBK | C | -0.16% | |
| HTBK | C | -0.16% | |
| AMAL | B | -0.16% | |
| PEBO | C | -0.15% | |
| TFSL | C | -0.15% | |
| FFWM | D | -0.15% | |
| PFC | C | -0.15% | |
| SRCE | C | -0.15% | |
| MBWM | C | -0.14% | |
| NIC | C | -0.14% | |
| KRNY | C | -0.14% | |
| TMP | C | -0.14% | |
| WASH | B | -0.13% | |
| OSBC | C | -0.13% | |
| PGC | C | -0.12% | |
| TRST | C | -0.11% | |
| UVSP | B | -0.11% | |
| FFIC | C | -0.11% | |
| BY | C | -0.11% | |
| CFB | C | -0.11% | |
| CCB | C | -0.11% | |
| CTBI | B | -0.1% | |
| IBCP | B | -0.1% | |
| HBNC | B | -0.1% | |
| THFF | B | -0.09% | |
| AMTB | D | -0.08% | |
| HONE | C | -0.08% | |
| CLBK | C | -0.07% | |
| GSBC | C | -0.07% | |
| CAC | C | -0.07% | |
| MSBI | D | -0.06% |
ARB: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Banks - Regional - US
Software - Application
Airlines
Apparel Manufacturing
Asset Management
Biotechnology
Communication Equipment
Consumer Electronics
Credit Services
Diagnostics & Research
Drug Manufacturers - Specialty & Generic
Electronic Components
Entertainment
Gambling
Information Technology Services
Insurance - Life
Medical Care
Medical Devices
Metal Fabrication
KRE: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Savings & Cooperative Banks
Banks - Global
Banks - Regional
Keywords:
Bank
Banking
Deposit Products
Commercial Banking
Real Estate Loans
Commercial Bank
Trust Services
Cash Management Services
Demand Deposit
Investment Management
Residential Real Estate Loans
Banking Services
Business Loans
Individual Retirement Account
Retail Banking
Loan Products
Deposit Services
Internet Banking
Wealth Management Services
ATM
Compare ETFs
