ARB vs. SMHB ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)
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
$27.90
Average Daily Volume
11,637
Number of Holdings
*
43
* may have additional holdings in another (foreign) market
SMHB
ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B
SMHB Description
The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.Grade (RS Rating)
Last Trade
$5.59
Average Daily Volume
36,219
Number of Holdings
*
90
* may have additional holdings in another (foreign) market
Performance
| Period | ARB | SMHB |
|---|---|---|
| 30 Days | 0.21% | -9.92% |
| 60 Days | 0.32% | -8.78% |
| 90 Days | 1.30% | 1.97% |
| 12 Months | 6.12% | 9.65% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARB | Weight in SMHB | Overlap |
|---|
ARB Overweight 43 Positions Relative to SMHB
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | 2.76% | |
| RCM | B | 2.73% | |
| CTLT | D | 2.72% | |
| HCP | A | 2.72% | |
| SPR | F | 2.68% | |
| K | A | 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 | D | 1.85% | |
| DO | D | 1.83% | |
| ALE | A | 1.81% | |
| PRFT | A | 1.81% | |
| PWSC | C | 1.81% | |
| AXNX | A | 1.81% | |
| INST | B | 1.79% | |
| VZIO | D | 1.78% | |
| AMK | B | 1.78% | |
| GTHX | A | 1.72% | |
| SRDX | D | 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 | C | 0.54% | |
| AGS | A | 0.53% | |
| HAYN | A | 0.53% | |
| SRCL | B | 0.5% |
ARB Underweight 90 Positions Relative to SMHB
| Symbol | Grade | Weight | |
|---|---|---|---|
| SLG | C | -4.87% | |
| XRX | F | -4.09% | |
| DTM | A | -3.81% | |
| BXMT | D | -3.43% | |
| DSS | F | -2.87% | |
| TWO | F | -2.87% | |
| CIM | D | -2.62% | |
| BDN | D | -2.41% | |
| BGS | F | -2.41% | |
| SBRA | C | -2.38% | |
| EPR | D | -2.34% | |
| ABR | B | -2.21% | |
| APAM | B | -2.02% | |
| PAGP | C | -1.88% | |
| UNIT | C | -1.86% | |
| UWMC | F | -1.84% | |
| ARR | C | -1.65% | |
| NHI | D | -1.64% | |
| ORC | D | -1.51% | |
| CCOI | C | -1.51% | |
| PSEC | F | -1.47% | |
| IVR | D | -1.43% | |
| DEA | D | -1.35% | |
| PMT | D | -1.35% | |
| MFA | D | -1.27% | |
| RWT | D | -1.24% | |
| CTRE | C | -1.16% | |
| PETS | B | -1.13% | |
| MAIN | A | -1.09% | |
| HTGC | D | -1.03% | |
| ARI | C | -1.02% | |
| GNL | F | -1.01% | |
| FCPT | C | -1.0% | |
| EFC | C | -1.0% | |
| PDM | D | -0.99% | |
| GSBD | F | -0.94% | |
| NEWT | B | -0.94% | |
| NYMT | C | -0.93% | |
| LTC | B | -0.91% | |
| DX | B | -0.89% | |
| KREF | D | -0.8% | |
| VGR | B | -0.79% | |
| NWBI | B | -0.77% | |
| GBDC | B | -0.73% | |
| CODI | B | -0.72% | |
| VNOM | C | -0.65% | |
| SCS | B | -0.65% | |
| RC | D | -0.65% | |
| ACRE | B | -0.64% | |
| LADR | B | -0.62% | |
| TSLX | D | -0.62% | |
| HESM | C | -0.59% | |
| UVV | B | -0.54% | |
| OCSL | D | -0.54% | |
| AROC | B | -0.53% | |
| GMRE | F | -0.5% | |
| ILPT | F | -0.49% | |
| BRSP | B | -0.49% | |
| WSR | B | -0.46% | |
| ALX | D | -0.45% | |
| GTY | C | -0.44% | |
| OPI | F | -0.4% | |
| RMR | F | -0.38% | |
| NMFC | D | -0.38% | |
| UHT | D | -0.36% | |
| GPMT | C | -0.34% | |
| CSWC | D | -0.34% | |
| GOOD | B | -0.33% | |
| FSP | C | -0.29% | |
| TRTX | B | -0.29% | |
| TCPC | C | -0.27% | |
| AHH | D | -0.27% | |
| CGBD | D | -0.25% | |
| BCSF | A | -0.24% | |
| TPVG | C | -0.23% | |
| PFLT | D | -0.23% | |
| SLRC | A | -0.23% | |
| UVE | B | -0.22% | |
| BBDC | A | -0.22% | |
| KRO | D | -0.2% | |
| EBF | C | -0.18% | |
| GAIN | B | -0.17% | |
| PNNT | B | -0.16% | |
| OLP | B | -0.16% | |
| FDUS | A | -0.16% | |
| GLAD | B | -0.15% | |
| BFS | C | -0.14% | |
| TRIN | A | -0.12% | |
| CCAP | A | -0.1% | |
| REPX | A | -0.07% |
ARB: Top Represented Industries & Keywords
Industries:
Drug Manufacturers - Specialty & Generic
Oil & Gas E&P
Software - Application
Banks - Regional - US
Biotechnology
Communication Equipment
Gambling
Information Technology Services
Medical Devices
Rental & Leasing Services
Aerospace & Defense
Airlines
Asset Management
Capital Markets
Consumer Electronics
Credit Services
Diagnostics & Research
Health Information Services
Metal Fabrication
Oil & Gas Drilling
SMHB: Top Represented Industries & Keywords
Industries:
Asset Management
REIT - Diversified
REIT - Office
REIT - Healthcare Facilities
REIT - Retail
REIT - Residential
Oil & Gas Midstream
Credit Services
Business Equipment
REIT - Industrial
Specialty Finance
Tobacco
Business Services
Conglomerates
Information Technology Services
Insurance - Property & Casualty
Oil & Gas E&P
Oil & Gas Equipment & Services
Packaged Foods
Pharmaceutical Retailers
Keywords:
Real Estate Investment Trust
Private Equity
Mortgage Loan
Structured Finance
Business Development
Mortgage Backed Security
Loan
Mezzanine Capital
Debt
Real Estate Properties
Residential Mortgage Backed Security
Senior Debt
Venture Capital
Credit
Real Estate Finance
Real Estate Mortgage Investment Conduit
Refinancing
Subordinated Debt
Banking
Business Development Company
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