ARB vs. SOCL ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to Global X Social Media Index ETF (SOCL)

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

$27.01

Average Daily Volume

14,985

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOCL

Global X Social Media Index ETF

SOCL Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Social Media Total Return Index. The fund will invest at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. The underlying index tracks the equity performance of the largest and most liquid companies involved in the social media industry, including companies that provide social networking, file sharing, and other web-based media applications. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.66

Average Daily Volume

16,332

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARB	SOCL
30 Days	0.27%	-1.42%
60 Days	0.81%	-3.53%
90 Days	-0.25%	5.25%
12 Months	5.84%	17.00%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARB	Weight in SOCL	Overlap

ARB Overweight 29 Positions Relative to SOCL

Symbol	Grade	Weight
PXD	B	3.66%
HES	D	3.57%
CTLT	B	3.52%
ANSS	C	3.4%
MDC	A	2.74%
AXNX	B	2.74%
DOOR	A	2.7%
JNPR	B	2.68%
CERE	C	2.64%
EVBG	B	2.08%
VZIO	B	2.0%
KAMN	A	1.96%
DFS	B	1.89%
CPRI	D	1.88%
SWN	D	1.86%
X	C	1.82%
HAYN	C	1.39%
AMED	A	1.36%
OLK	A	1.31%
HA	C	1.29%
MGRC	D	1.01%
WRK	C	0.99%
EGLE	B	0.73%
NWLI	A	0.66%
CNSL	B	0.65%
TGAN	B	0.52%
ONB	B	-0.13%
CHRD	C	-1.89%
COF	D	-2.2%

ARB Underweight 28 Positions Relative to SOCL

Symbol	Grade	Weight
PINS	B	-10.29%
META	A	-9.36%
SNAP	B	-6.88%
GOOGL	A	-5.13%
NTES	D	-4.54%
SPOT	B	-4.52%
TME	B	-4.27%
MTCH	F	-3.93%
BIDU	F	-3.86%
BILI	C	-1.91%
IAC	F	-1.7%
YELP	F	-1.17%
LIF	C	-1.02%
RDDT	B	-0.83%
SPT	D	-0.79%
CXM	D	-0.54%
BMBL	F	-0.46%
MOMO	B	-0.42%
YY	C	-0.41%
FVRR	C	-0.38%
WB	D	-0.3%
VMEO	F	-0.26%
YALA	F	-0.22%
HUYA	C	-0.16%
GRPN	C	-0.15%
GCBC	C	-0.08%
GRND	B	-0.07%
ANGI	F	-0.06%