ARB vs. TINY ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to ProShares Nanotechnology ETF (TINY)
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
$27.91
Average Daily Volume
11,089
43
TINY
ProShares Nanotechnology ETF
TINY Description
TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.Grade (RS Rating)
Last Trade
$45.51
Average Daily Volume
933
21
Performance
| Period | ARB | TINY |
|---|---|---|
| 30 Days | 0.04% | -3.84% |
| 60 Days | 0.20% | -3.74% |
| 90 Days | 1.26% | -8.10% |
| 12 Months | 5.53% | 19.64% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARB | Weight in TINY | Overlap |
|---|
ARB Overweight 43 Positions Relative to TINY
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | 2.76% | |
| RCM | A | 2.73% | |
| CTLT | C | 2.72% | |
| HCP | B | 2.72% | |
| SPR | D | 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 | B | 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 | B | 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 21 Positions Relative to TINY
| Symbol | Grade | Weight | |
|---|---|---|---|
| INTC | C | -5.34% | |
| COHR | B | -4.86% | |
| NVDA | B | -4.83% | |
| A | D | -4.76% | |
| TSM | B | -4.64% | |
| ENTG | D | -4.63% | |
| KLAC | F | -4.5% | |
| AMAT | F | -4.47% | |
| LRCX | F | -4.43% | |
| BRKR | D | -4.16% | |
| ACLS | F | -3.92% | |
| ONTO | F | -3.86% | |
| UCTT | D | -3.6% | |
| VECO | F | -3.38% | |
| NVAX | F | -2.84% | |
| ACMR | D | -2.4% | |
| MRVI | F | -1.46% | |
| LASR | D | -1.14% | |
| SKYT | D | -0.85% | |
| LWLG | D | -0.79% | |
| TKNO | B | -0.69% |
ARB: Top Represented Industries & Keywords
TINY: Top Represented Industries & Keywords
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