ARB vs. XHYT ETF Comparison

Comparison of AltShares Merger Arbitrage ETF (ARB) to BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (XHYT)

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

$28.14

Average Daily Volume

9,547

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHYT

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

XHYT Description

The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the telecommunications, media and technology sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the telecom, media and technology sector, including the telecommunications, technology & electronics, and media sub-sectors

Grade (RS Rating)

Last Trade

$35.04

Average Daily Volume

27,188

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARB	XHYT
30 Days	1.26%	1.49%
60 Days	1.96%	3.55%
90 Days	2.71%	6.46%
12 Months	7.29%	13.74%

1 Overlapping Holdings

	Symbol	Grade	Weight in ARB	Weight in XHYT	Overlap
	CNSL	A	0.54%	0.38%	0.38%

ARB Overweight 43 Positions Relative to XHYT

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

ARB Underweight 54 Positions Relative to XHYT

Symbol	Grade	Weight
NXST	B	-0.89%
SSNC	C	-0.79%
WMG	B	-0.6%
S	B	-0.56%
SATS	C	-0.53%
FYBR	C	-0.51%
IHRT	C	-0.5%
CCO	C	-0.5%
CASH	B	-0.43%
SIRI	D	-0.39%
TGNA	B	-0.38%
PTC	B	-0.38%
CHTR	B	-0.37%
BAH	C	-0.37%
STGW	C	-0.37%
GTN	C	-0.36%
RBLX	A	-0.36%
LAMR	B	-0.36%
SSP	D	-0.36%
TMUS	B	-0.35%
AMCX	F	-0.35%
COMM	D	-0.34%
LUMN	B	-0.32%
USM	B	-0.28%
AMKR	F	-0.27%
STX	C	-0.27%
TSQ	D	-0.26%
TRIP	D	-0.26%
NWSA	A	-0.26%
DLX	B	-0.26%
XRX	F	-0.26%
VSAT	F	-0.25%
CCOI	B	-0.25%
ON	C	-0.25%
UONE	F	-0.25%
MSTR	B	-0.25%
TIGO	C	-0.24%
VRT	B	-0.24%
ZD	C	-0.24%
VIAV	B	-0.24%
ENTG	F	-0.24%
GDDY	A	-0.24%
CABO	C	-0.23%
TTMI	A	-0.23%
PLTK	B	-0.23%
ESTC	C	-0.23%
CRWD	C	-0.23%
ANGI	C	-0.23%
ST	F	-0.23%
VOD	D	-0.23%
SBGI	C	-0.23%
TWLO	A	-0.17%
SKLZ	D	-0.13%
GCI	B	-0.13%