CNRG vs. ARB ETF Comparison

Comparison of SPDR S&P Kensho Clean Power ETF (CNRG) to AltShares Merger Arbitrage ETF (ARB)
CNRG

SPDR S&P Kensho Clean Power ETF

CNRG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to capture companies whose products and services are driving innovation behind clean power. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. It is non-diversified.

Grade (RS Rating)

Last Trade

$63.49

Average Daily Volume

12,989

Number of Holdings *

41

* may have additional holdings in another (foreign) market
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

Number of Holdings *

43

* may have additional holdings in another (foreign) market
Performance
Period CNRG ARB
30 Days 6.28% 0.17%
60 Days -1.27% 0.43%
90 Days 1.55% 1.37%
12 Months 0.89% 5.64%
1 Overlapping Holdings
Symbol Grade Weight in CNRG Weight in ARB Overlap
ALE A 3.1% 1.81% 1.81%
CNRG Overweight 40 Positions Relative to ARB
Symbol Grade Weight
GEV B 5.88%
BE B 4.95%
TSLA B 4.2%
GNRC B 3.85%
ACA A 3.79%
CEG D 3.28%
NEE D 3.24%
ORA B 3.2%
AGR B 3.12%
AY B 3.06%
DQ F 3.0%
CMI A 2.87%
VMI B 2.74%
GLW B 2.71%
JKS F 2.68%
AMSC B 2.64%
NOVA F 2.37%
AMRC F 2.29%
TAC B 2.25%
ADTN A 2.2%
EBR F 2.18%
RUN F 2.12%
ROCK C 2.11%
FLNC C 2.11%
AES F 2.06%
PLUG F 2.01%
CSIQ F 1.96%
SHLS F 1.9%
FSLR F 1.87%
AMAT F 1.56%
ARRY C 1.48%
ENPH F 1.44%
RNW D 1.43%
AMPS C 1.42%
HY D 1.3%
SEDG F 0.74%
GNE D 0.67%
TPIC F 0.4%
MNTK F 0.36%
ENIC D 0.33%
CNRG Underweight 42 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%
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%
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