CBLS vs. ARB ETF Comparison
Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to AltShares Merger Arbitrage ETF (ARB)
CBLS
Changebridge Capital Long/Short Equity ETF
CBLS Description
The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$26.78
Average Daily Volume
2,122
68
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
$27.94
Average Daily Volume
11,353
43
Performance
| Period | CBLS | ARB |
|---|---|---|
| 30 Days | 4.21% | 0.17% |
| 60 Days | 5.17% | 0.43% |
| 90 Days | 4.99% | 1.37% |
| 12 Months | 35.40% | 5.64% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CBLS | Weight in ARB | Overlap |
|---|
CBLS Overweight 68 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| LNG | B | 3.43% | |
| NVDA | C | 3.08% | |
| GOOG | C | 3.02% | |
| AAPL | C | 2.97% | |
| DELL | C | 2.93% | |
| GTLS | B | 2.77% | |
| SKY | A | 2.73% | |
| BWXT | B | 2.7% | |
| COST | B | 2.62% | |
| STRL | B | 2.61% | |
| SCHW | B | 2.56% | |
| CCL | B | 2.54% | |
| EME | C | 2.53% | |
| VST | B | 2.46% | |
| OSW | A | 2.41% | |
| MC | C | 2.37% | |
| IBN | C | 2.36% | |
| WTTR | B | 2.33% | |
| D | C | 2.27% | |
| NARI | C | 2.26% | |
| RDDT | B | 2.26% | |
| SO | D | 2.24% | |
| ECL | D | 2.24% | |
| ROL | B | 2.23% | |
| AER | B | 2.22% | |
| NEE | D | 2.14% | |
| ORCL | B | 2.06% | |
| BLBD | D | 2.06% | |
| WMT | A | 2.03% | |
| ETR | B | 1.96% | |
| AMZN | C | 1.96% | |
| INTC | D | 1.93% | |
| SCI | B | 1.93% | |
| ERJ | B | 1.85% | |
| TDG | D | 1.79% | |
| RTX | C | 1.72% | |
| GD | F | 1.69% | |
| ON | D | 1.53% | |
| MGNI | A | 1.31% | |
| DOOO | F | -0.44% | |
| KLG | C | -0.48% | |
| PEP | F | -0.48% | |
| KDP | D | -0.48% | |
| HRB | D | -0.5% | |
| GIS | D | -0.5% | |
| INTU | C | -0.51% | |
| POST | C | -0.51% | |
| ENR | B | -0.67% | |
| GIII | D | -0.89% | |
| R | B | -0.91% | |
| TTC | D | -0.92% | |
| PFE | D | -1.0% | |
| CAG | D | -1.01% | |
| NVO | D | -1.01% | |
| SIG | B | -1.04% | |
| GOGO | C | -1.1% | |
| JNJ | D | -1.1% | |
| NVAX | F | -1.13% | |
| ROK | B | -1.13% | |
| MIDD | C | -1.15% | |
| AME | A | -1.18% | |
| F | C | -1.36% | |
| DE | A | -1.48% | |
| SNOW | C | -1.49% | |
| DUOL | A | -1.56% | |
| HSY | F | -1.69% | |
| HELE | C | -1.72% | |
| LLY | F | -1.79% |
CBLS Underweight 43 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | -2.76% | |
| RCM | F | -2.73% | |
| CTLT | B | -2.72% | |
| HCP | B | -2.72% | |
| SPR | D | -2.68% | |
| K | A | -2.67% | |
| JNPR | F | -2.66% | |
| ANSS | B | -2.57% | |
| INFN | C | -2.27% | |
| SRCL | C | -2.19% | |
| CHX | C | -2.19% | |
| ENV | B | -2.17% | |
| SILK | F | -2.16% | |
| PETQ | D | -2.14% | |
| EVRI | A | -2.13% | |
| RVNC | F | -2.07% | |
| HA | D | -2.02% | |
| HES | B | -1.95% | |
| DFS | B | -1.9% | |
| X | C | -1.85% | |
| DO | D | -1.83% | |
| ALE | A | -1.81% | |
| PRFT | D | -1.81% | |
| PWSC | C | -1.81% | |
| AXNX | C | -1.81% | |
| INST | C | -1.79% | |
| VZIO | A | -1.78% | |
| AMK | D | -1.78% | |
| GTHX | D | -1.72% | |
| SRDX | B | -1.4% | |
| FBMS | B | -1.16% | |
| HTLF | B | -1.15% | |
| BALY | C | -1.14% | |
| CHUY | D | -1.13% | |
| TWKS | D | -1.11% | |
| MGRC | B | -1.07% | |
| SWN | D | -0.94% | |
| CALT | D | -0.58% | |
| AAN | D | -0.56% | |
| CNSL | C | -0.54% | |
| AGS | A | -0.53% | |
| HAYN | C | -0.53% | |
| SRCL | C | -0.5% |
CBLS: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
Compare ETFs
