ARB vs. XHYI ETF Comparison
Comparison of AltShares Merger Arbitrage ETF (ARB) to BondBloxx USD High Yield Bond Industrial Sector ETF (XHYI)
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
$27.69
Average Daily Volume
9,990
Number of Holdings
*
42
* may have additional holdings in another (foreign) market
XHYI
BondBloxx USD High Yield Bond Industrial Sector ETF
XHYI Description
The BondBloxx USD High Yield Bond Industrial Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the industrial sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Core Industrial Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the industrial sector, including the basic materials, capital goods, transportation and services subsectors.Grade (RS Rating)
Last Trade
$38.38
Average Daily Volume
30,571
Number of Holdings
*
100
* may have additional holdings in another (foreign) market
Performance
| Period | ARB | XHYI |
|---|---|---|
| 30 Days | 0.25% | 1.38% |
| 60 Days | 1.14% | 2.93% |
| 90 Days | 2.56% | 3.27% |
| 12 Months | 5.65% | 14.37% |
ARB Overweight 39 Positions Relative to XHYI
| Symbol | Grade | Weight | |
|---|---|---|---|
| HCP | B | 3.33% | |
| HES | D | 3.31% | |
| ANSS | D | 3.06% | |
| WIRE | B | 2.76% | |
| HIBB | B | 2.69% | |
| PRFT | A | 2.69% | |
| EDR | A | 2.67% | |
| CHX | F | 2.56% | |
| ETRN | B | 2.51% | |
| JNPR | C | 2.31% | |
| CTLT | B | 2.24% | |
| ALE | A | 2.09% | |
| AXNX | A | 2.09% | |
| VZIO | B | 1.99% | |
| EVBG | D | 1.98% | |
| CERE | C | 1.88% | |
| HTLF | C | 1.88% | |
| SWN | C | 1.85% | |
| AMK | B | 1.83% | |
| DFS | C | 1.77% | |
| CPRI | C | 1.75% | |
| AMED | D | 1.45% | |
| MGRC | D | 1.36% | |
| AGS | D | 1.32% | |
| HAYN | B | 1.31% | |
| NWLI | B | 1.28% | |
| WRK | B | 0.94% | |
| SBOW | F | 0.82% | |
| OSG | A | 0.67% | |
| IBTX | D | 0.67% | |
| OLK | D | 0.62% | |
| CNSL | A | 0.57% | |
| CRGY | D | -0.49% | |
| UMBF | C | -0.59% | |
| SSB | C | -0.68% | |
| SNPS | F | -1.86% | |
| CHK | C | -1.94% | |
| CHRD | F | -2.18% | |
| EQT | C | -2.53% |
ARB Underweight 97 Positions Relative to XHYI
| Symbol | Grade | Weight | |
|---|---|---|---|
| OLN | D | -0.66% | |
| TDG | A | -0.59% | |
| XPO | F | -0.53% | |
| AVNT | B | -0.52% | |
| CCK | A | -0.52% | |
| HRI | B | -0.52% | |
| TROX | D | -0.47% | |
| HEES | D | -0.47% | |
| AXTA | C | -0.45% | |
| CASH | D | -0.43% | |
| UBER | C | -0.41% | |
| WCC | C | -0.41% | |
| CCS | C | -0.4% | |
| TSE | C | -0.39% | |
| ACM | B | -0.39% | |
| HI | F | -0.39% | |
| KAR | D | -0.38% | |
| GFF | B | -0.38% | |
| DBD | C | -0.38% | |
| CLH | C | -0.38% | |
| ADT | D | -0.38% | |
| DAL | B | -0.38% | |
| MHO | A | -0.37% | |
| MERC | D | -0.37% | |
| JELD | D | -0.37% | |
| ATI | B | -0.37% | |
| BCO | A | -0.37% | |
| CC | D | -0.37% | |
| VVV | D | -0.36% | |
| IT | C | -0.36% | |
| AAL | D | -0.36% | |
| NGVT | D | -0.35% | |
| KALU | D | -0.35% | |
| CSTM | D | -0.35% | |
| BLDR | B | -0.35% | |
| SAVE | F | -0.28% | |
| MTH | B | -0.27% | |
| SLVM | C | -0.27% | |
| HL | C | -0.27% | |
| AA | C | -0.27% | |
| TRN | C | -0.26% | |
| RYAM | B | -0.26% | |
| LXU | D | -0.26% | |
| HXL | F | -0.26% | |
| EVA | F | -0.26% | |
| CRS | B | -0.26% | |
| CMP | D | -0.26% | |
| BZH | B | -0.26% | |
| BERY | C | -0.26% | |
| TPH | B | -0.26% | |
| SEE | B | -0.26% | |
| ZIP | D | -0.25% | |
| UAN | F | -0.25% | |
| TPC | B | -0.25% | |
| SLGN | A | -0.25% | |
| PBI | C | -0.25% | |
| GLT | D | -0.25% | |
| FUL | F | -0.25% | |
| FLR | D | -0.25% | |
| ENS | C | -0.25% | |
| ASGN | D | -0.25% | |
| CAR | D | -0.25% | |
| TMHC | B | -0.25% | |
| UAL | B | -0.25% | |
| ARMK | B | -0.25% | |
| BLD | C | -0.24% | |
| APG | F | -0.24% | |
| TNET | F | -0.24% | |
| SXC | F | -0.24% | |
| ESI | B | -0.24% | |
| CNDT | B | -0.24% | |
| ATGE | C | -0.24% | |
| BECN | F | -0.24% | |
| OI | D | -0.24% | |
| GPK | B | -0.24% | |
| SPR | D | -0.24% | |
| URI | B | -0.24% | |
| HWM | A | -0.24% | |
| PATK | B | -0.23% | |
| ASH | F | -0.23% | |
| HTZ | F | -0.23% | |
| TWI | D | -0.13% | |
| IBP | C | -0.13% | |
| HCC | D | -0.13% | |
| TGI | F | -0.13% | |
| BTU | B | -0.12% | |
| MATV | D | -0.12% | |
| REZI | F | -0.12% | |
| LPX | A | -0.12% | |
| LGIH | C | -0.12% | |
| BXC | D | -0.12% | |
| ATKR | F | -0.12% | |
| CMC | C | -0.12% | |
| KBH | C | -0.12% | |
| CLF | D | -0.12% | |
| PKOH | B | -0.11% | |
| CDE | C | -0.11% |
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
XHYI: Top Represented Industries & Keywords
Industries:
Building Materials
Residential Construction
Specialty Chemicals
Packaging & Containers
Airlines
Rental & Leasing Services
Aerospace & Defense
Chemicals
Engineering & Construction
Paper & Paper Products
Aluminum
Coal
Security & Protection Services
Business Services
Diversified Industrials
Gold
Industrial Distribution
Industrial Metals & Minerals
Metal Fabrication
Steel
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