FDHT vs. ARB ETF Comparison
Comparison of Fidelity Digital Health ETF (FDHT) to AltShares Merger Arbitrage ETF (ARB)
FDHT
Fidelity Digital Health ETF
FDHT Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Digital Health Index. Normally investing at least 80% of assets in securities included in the Fidelity Digital Health Index and in depositary receipts representing securities included in the index. The Fidelity Digital Health Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum providing healthcare records management, connected healthcare devices, surgical robotics, telemedicine, and other technology-enabled healthcare products and services.
Grade (RS Rating)
Last Trade
$20.27
Average Daily Volume
1,280
28
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 | FDHT | ARB |
|---|---|---|
| 30 Days | 1.33% | 0.17% |
| 60 Days | 0.86% | 0.43% |
| 90 Days | 3.80% | 1.37% |
| 12 Months | 18.24% | 5.64% |
FDHT Overweight 26 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | 4.78% | |
| VEEV | C | 4.6% | |
| DXCM | D | 4.59% | |
| PODD | C | 4.46% | |
| RMD | C | 4.09% | |
| HIMS | B | 3.57% | |
| MASI | A | 3.53% | |
| DOCS | C | 3.51% | |
| MMS | F | 2.5% | |
| IRTC | D | 2.44% | |
| INSP | D | 2.4% | |
| CRVL | A | 2.34% | |
| CTSH | B | 2.12% | |
| PINC | B | 2.11% | |
| OMCL | C | 1.98% | |
| TDOC | C | 1.97% | |
| CI | F | 1.85% | |
| IQV | D | 1.69% | |
| ASTH | D | 1.6% | |
| PHR | F | 1.41% | |
| TNDM | F | 1.41% | |
| HCAT | D | 1.29% | |
| AXGN | D | 1.14% | |
| EVH | F | 0.93% | |
| ACCD | D | 0.85% | |
| GDRX | F | 0.73% |
FDHT Underweight 41 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | -2.76% | |
| 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% | |
| 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% |
FDHT: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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