ARB vs. RZG ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Guggenheim S&P Smallcap 600 Pure Growth ETF (RZG)

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

$27.79

Average Daily Volume

11,241

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RZG

Guggenheim S&P Smallcap 600 Pure Growth ETF

RZG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P SmallCap 600 Pure Growth Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P SmallCap 600 companies with strong growth characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.69

Average Daily Volume

5,392

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	ARB	RZG
30 Days	-0.33%	1.98%
60 Days	-0.23%	2.73%
90 Days	0.64%	4.80%
12 Months	5.24%	28.59%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARB	Weight in RZG	Overlap

ARB Overweight 43 Positions Relative to RZG

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

ARB Underweight 130 Positions Relative to RZG

Symbol	Grade	Weight
TGTX	B	-1.92%
CNK	A	-1.86%
PRG	C	-1.77%
UFPT	C	-1.62%
POWL	C	-1.51%
HWKN	B	-1.48%
GPI	B	-1.46%
CSWI	A	-1.44%
SPNT	A	-1.36%
GRBK	D	-1.35%
GSHD	B	-1.31%
ADMA	C	-1.27%
CARG	B	-1.26%
CRS	A	-1.26%
CEIX	A	-1.25%
IDCC	B	-1.25%
MATX	B	-1.22%
CVCO	A	-1.2%
BOOT	D	-1.2%
NOG	B	-1.18%
HCC	B	-1.17%
SHAK	C	-1.14%
CALM	A	-1.1%
PATK	D	-1.1%
TBBK	B	-1.01%
LRN	A	-1.0%
MLI	B	-0.99%
IBP	F	-0.99%
CASH	B	-0.96%
GMS	B	-0.96%
MARA	C	-0.94%
IPAR	C	-0.94%
ATGE	B	-0.93%
VVI	B	-0.91%
JOE	F	-0.9%
AMR	C	-0.9%
VCEL	A	-0.89%
HCI	C	-0.88%
VRRM	F	-0.87%
MHO	D	-0.87%
RWT	D	-0.86%
FBP	B	-0.86%
AMBC	C	-0.85%
CUBI	C	-0.84%
RDNT	B	-0.83%
PLMR	A	-0.82%
AZZ	A	-0.81%
LBRT	F	-0.8%
ARCB	C	-0.79%
REX	D	-0.78%
CRVL	A	-0.77%
CPRX	C	-0.77%
MTH	D	-0.77%
AVAV	C	-0.74%
CRC	A	-0.73%
CARS	C	-0.72%
OFG	B	-0.7%
HLX	C	-0.69%
OII	B	-0.69%
BMI	C	-0.68%
FTDR	B	-0.67%
SHO	D	-0.67%
URBN	C	-0.67%
WT	A	-0.66%
DVAX	C	-0.65%
ACLS	F	-0.65%
LPG	F	-0.65%
SIG	C	-0.64%
EXPI	C	-0.64%
GKOS	A	-0.64%
ATI	C	-0.64%
PFBC	B	-0.63%
DRH	B	-0.63%
FSS	B	-0.63%
BCC	C	-0.62%
MOG.A	B	-0.6%
MGY	A	-0.6%
MTRN	C	-0.6%
TMDX	F	-0.6%
PLAY	D	-0.59%
ANIP	D	-0.59%
LQDT	A	-0.59%
ROCK	D	-0.59%
OTTR	C	-0.58%
EFC	C	-0.57%
AMPH	F	-0.57%
COLL	F	-0.56%
SPSC	F	-0.56%
MYRG	C	-0.55%
AGYS	A	-0.55%
TFIN	B	-0.53%
MCRI	A	-0.53%
SM	C	-0.52%
VECO	F	-0.51%
RAMP	C	-0.49%
YELP	C	-0.48%
PARR	F	-0.48%
TDW	F	-0.47%
CCOI	B	-0.47%
SXI	B	-0.46%
ITGR	B	-0.45%
AWI	B	-0.44%
KTB	A	-0.44%
GES	F	-0.44%
FELE	B	-0.43%
WRLD	D	-0.43%
AROC	A	-0.43%
TRIP	F	-0.42%
RES	F	-0.42%
SHOO	D	-0.41%
ARLO	C	-0.4%
DV	C	-0.4%
MSGS	B	-0.39%
OXM	F	-0.38%
OSIS	A	-0.37%
ASTH	F	-0.37%
WDFC	B	-0.36%
AEO	F	-0.36%
APLE	B	-0.35%
ALG	C	-0.33%
PRGS	B	-0.32%
XPEL	C	-0.32%
TNC	F	-0.31%
PGNY	F	-0.3%
DFIN	D	-0.29%
NEO	C	-0.28%
PDFS	D	-0.27%
PRVA	C	-0.25%
CNMD	C	-0.18%
JACK	D	-0.14%