FTLS vs. ARB ETF Comparison
Comparison of First Trust Long/Short Equity (FTLS) to AltShares Merger Arbitrage ETF (ARB)
FTLS
First Trust Long/Short Equity
FTLS Description
The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$63.65
Average Daily Volume
135,516
388
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
$27.79
Average Daily Volume
10,699
39
Performance
Period | FTLS | ARB |
---|---|---|
30 Days | 2.02% | 1.05% |
60 Days | 5.25% | 2.03% |
90 Days | 1.15% | 2.88% |
12 Months | 22.25% | 5.90% |
FTLS Overweight 383 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
AAPL | C | 7.52% | |
MSFT | D | 4.52% | |
NVDA | B | 4.05% | |
AMZN | C | 2.46% | |
LOW | C | 2.16% | |
ACN | B | 2.07% | |
TMUS | A | 2.03% | |
C | B | 2.0% | |
JNJ | D | 1.99% | |
QCOM | D | 1.98% | |
SCHW | D | 1.84% | |
PM | D | 1.83% | |
META | A | 1.76% | |
FDX | F | 1.57% | |
CME | A | 1.55% | |
PH | A | 1.51% | |
MPC | D | 1.43% | |
MO | D | 1.41% | |
VLO | F | 1.4% | |
CL | D | 1.34% | |
GOOGL | B | 1.32% | |
USB | C | 1.23% | |
BRK.A | B | 1.12% | |
GOOG | B | 1.11% | |
AVGO | B | 1.09% | |
ILMN | B | 1.05% | |
CTAS | C | 1.03% | |
LNG | A | 1.02% | |
KMI | A | 1.01% | |
HPQ | B | 0.98% | |
TRV | B | 0.98% | |
TFC | D | 0.95% | |
FIS | A | 0.95% | |
LLY | D | 0.95% | |
SYY | D | 0.87% | |
HWM | A | 0.86% | |
ALL | A | 0.85% | |
JPM | C | 0.82% | |
FANG | D | 0.79% | |
PBR | B | 0.77% | |
NTAP | D | 0.77% | |
JBL | C | 0.71% | |
AFL | A | 0.71% | |
TOL | C | 0.67% | |
CROX | C | 0.64% | |
RL | B | 0.63% | |
SYF | A | 0.61% | |
NVR | C | 0.59% | |
CSL | A | 0.59% | |
INSM | D | 0.56% | |
CF | A | 0.55% | |
VLTO | A | 0.53% | |
PNR | C | 0.52% | |
SWK | C | 0.52% | |
MAS | C | 0.49% | |
TWLO | B | 0.49% | |
NVS | D | 0.47% | |
VRSN | C | 0.47% | |
CAG | D | 0.46% | |
BJ | B | 0.45% | |
OKTA | F | 0.44% | |
VICI | C | 0.43% | |
EAT | A | 0.43% | |
ZIM | D | 0.43% | |
GEN | A | 0.42% | |
FLEX | B | 0.4% | |
GL | C | 0.39% | |
PENN | D | 0.37% | |
NTRS | B | 0.36% | |
FFIV | B | 0.36% | |
TTC | F | 0.34% | |
TKO | A | 0.34% | |
DBX | C | 0.33% | |
ASO | D | 0.33% | |
EXP | C | 0.33% | |
CRS | B | 0.32% | |
CCK | C | 0.31% | |
PI | A | 0.31% | |
WRB | C | 0.3% | |
LPX | C | 0.3% | |
ALLY | F | 0.29% | |
JAZZ | F | 0.28% | |
SNA | C | 0.27% | |
SPYV | A | 0.26% | |
RPRX | D | 0.26% | |
IWD | A | 0.26% | |
SCHV | A | 0.26% | |
AYI | A | 0.24% | |
CNK | D | 0.22% | |
UHS | D | 0.22% | |
HRB | C | 0.21% | |
AIZ | B | 0.21% | |
MSM | D | 0.21% | |
STNG | B | 0.21% | |
KNSL | B | 0.21% | |
EWBC | B | 0.2% | |
WHD | A | 0.19% | |
TWST | D | 0.19% | |
MGY | B | 0.18% | |
THO | C | 0.18% | |
SAM | D | 0.18% | |
ADMA | A | 0.17% | |
COLB | C | 0.16% | |
LEG | D | 0.16% | |
GLBE | C | 0.16% | |
OPCH | F | 0.16% | |
ALSN | A | 0.16% | |
ALKS | B | 0.16% | |
EXEL | B | 0.15% | |
BFAM | C | 0.15% | |
LOGI | D | 0.15% | |
PRI | A | 0.14% | |
CRC | B | 0.14% | |
ORI | A | 0.14% | |
SFM | A | 0.13% | |
SIGI | D | 0.13% | |
TXG | F | 0.13% | |
MATX | C | 0.13% | |
MTG | A | 0.13% | |
CALM | A | 0.13% | |
PNFP | B | 0.13% | |
PAA | B | 0.13% | |
CBT | B | 0.13% | |
AXS | A | 0.13% | |
NSA | D | 0.12% | |
CSWI | A | 0.12% | |
GMS | B | 0.12% | |
SKYW | B | 0.12% | |
GFF | C | 0.12% | |
CBSH | D | 0.11% | |
ZWS | A | 0.11% | |
AM | A | 0.11% | |
SMPL | D | 0.11% | |
WGO | D | 0.11% | |
HESM | C | 0.11% | |
GRBK | C | 0.11% | |
BFH | D | 0.11% | |
GM | D | 0.11% | |
YOU | C | 0.11% | |
MMS | C | 0.11% | |
KRG | C | 0.11% | |
RDFN | C | 0.11% | |
LCII | C | 0.1% | |
VRNA | B | 0.1% | |
PPC | C | 0.1% | |
ESNT | A | 0.1% | |
DBRG | D | 0.1% | |
FTDR | B | 0.1% | |
ENLC | A | 0.1% | |
TCBI | B | 0.09% | |
PRGS | A | 0.09% | |
EPR | C | 0.09% | |
FOLD | F | 0.09% | |
EXTR | D | 0.09% | |
THG | A | 0.09% | |
TBBK | A | 0.09% | |
ABM | D | 0.09% | |
LANC | F | 0.08% | |
GBCI | B | 0.08% | |
MQ | F | 0.08% | |
VCYT | C | 0.08% | |
LOPE | D | 0.08% | |
KFY | C | 0.08% | |
BOH | D | 0.07% | |
REVG | D | 0.07% | |
UBSI | D | 0.07% | |
MYGN | D | 0.07% | |
BCRX | D | 0.07% | |
KMPR | D | 0.07% | |
OTEX | D | 0.07% | |
NMIH | B | 0.07% | |
HAYW | C | 0.07% | |
AVNT | C | 0.07% | |
CARG | C | 0.07% | |
AZZ | B | 0.07% | |
RLI | A | 0.07% | |
CUBI | F | 0.07% | |
TRMD | D | 0.07% | |
ROIC | C | 0.06% | |
FHB | D | 0.06% | |
PLMR | A | 0.06% | |
COLL | A | 0.06% | |
AMPH | C | 0.06% | |
EBC | B | 0.06% | |
WMB | A | 0.06% | |
GSL | C | 0.06% | |
WFG | C | 0.06% | |
BRC | C | 0.06% | |
PBH | D | 0.06% | |
ICFI | C | 0.06% | |
ADUS | D | 0.06% | |
PAYO | A | 0.06% | |
PLXS | A | 0.06% | |
SUPN | D | 0.05% | |
CDNA | B | 0.05% | |
AUB | D | 0.05% | |
VIST | C | -0.02% | |
PAR | D | -0.02% | |
FAST | C | -0.02% | |
VSAT | F | -0.02% | |
DNB | D | -0.02% | |
CBU | D | -0.02% | |
FSLR | C | -0.02% | |
HON | C | -0.02% | |
KD | D | -0.02% | |
AER | C | -0.02% | |
NVEE | F | -0.02% | |
SAIA | D | -0.02% | |
COHR | B | -0.02% | |
ARM | C | -0.02% | |
ENS | B | -0.02% | |
LKFN | D | -0.02% | |
CVX | B | -0.02% | |
EA | D | -0.02% | |
IBOC | D | -0.02% | |
APPN | C | -0.03% | |
LYFT | D | -0.03% | |
ENR | B | -0.03% | |
FFIN | D | -0.03% | |
ALB | D | -0.03% | |
GE | B | -0.03% | |
RDY | D | -0.03% | |
IRTC | F | -0.03% | |
ICHR | D | -0.03% | |
SOFI | C | -0.03% | |
HHH | C | -0.03% | |
OSK | F | -0.03% | |
MARA | F | -0.03% | |
AZTA | F | -0.03% | |
WMT | A | -0.03% | |
TMO | D | -0.03% | |
BURL | C | -0.03% | |
DIOD | F | -0.03% | |
PRCT | D | -0.03% | |
AMD | C | -0.03% | |
CNNE | F | -0.03% | |
GPRE | F | -0.03% | |
GKOS | B | -0.03% | |
ASPN | C | -0.03% | |
COTY | F | -0.03% | |
PSMT | A | -0.03% | |
ARLO | F | -0.03% | |
OSIS | C | -0.03% | |
TFIN | F | -0.03% | |
LMND | F | -0.03% | |
UPST | C | -0.03% | |
CFLT | F | -0.03% | |
SDGR | F | -0.03% | |
BIRK | F | -0.03% | |
BE | F | -0.03% | |
RUN | D | -0.03% | |
CLH | B | -0.03% | |
UWMC | D | -0.03% | |
RCL | B | -0.03% | |
CRDO | B | -0.03% | |
NWSA | D | -0.03% | |
ATEC | F | -0.03% | |
RXST | F | -0.03% | |
HLN | C | -0.03% | |
RIVN | F | -0.03% | |
FRO | B | -0.03% | |
SLGN | B | -0.03% | |
WOLF | F | -0.03% | |
ACIW | A | -0.04% | |
CTRA | D | -0.04% | |
AMAT | C | -0.04% | |
W | C | -0.04% | |
GATX | F | -0.04% | |
AMRC | C | -0.04% | |
RH | C | -0.04% | |
ERJ | C | -0.04% | |
AMRK | C | -0.04% | |
UTZ | D | -0.04% | |
BVN | D | -0.04% | |
NEOG | F | -0.04% | |
TTD | A | -0.05% | |
ACVA | C | -0.05% | |
ZD | D | -0.05% | |
STZ | D | -0.05% | |
MP | C | -0.05% | |
AEO | C | -0.06% | |
MSA | F | -0.06% | |
MUFG | D | -0.06% | |
APO | A | -0.06% | |
COP | D | -0.06% | |
VRRM | D | -0.06% | |
WST | D | -0.06% | |
MMYT | B | -0.07% | |
KTOS | B | -0.07% | |
DLB | D | -0.07% | |
AVAV | B | -0.07% | |
VNT | F | -0.07% | |
SE | B | -0.07% | |
VAL | F | -0.07% | |
BA | F | -0.08% | |
R | C | -0.08% | |
CDW | D | -0.08% | |
HCA | C | -0.08% | |
TRMB | B | -0.08% | |
AVY | D | -0.08% | |
NXPI | F | -0.09% | |
DY | C | -0.09% | |
MAT | B | -0.09% | |
CCOI | B | -0.09% | |
ARGX | C | -0.1% | |
HAE | F | -0.1% | |
VVV | D | -0.1% | |
BKR | B | -0.11% | |
IDCC | A | -0.11% | |
STM | F | -0.12% | |
SLB | D | -0.12% | |
NSIT | B | -0.12% | |
ING | D | -0.12% | |
GPC | D | -0.12% | |
HQY | B | -0.12% | |
KEYS | B | -0.13% | |
NFLX | A | -0.13% | |
ABT | C | -0.14% | |
PKG | B | -0.14% | |
VMC | D | -0.14% | |
STE | D | -0.15% | |
SYK | C | -0.16% | |
TM | D | -0.16% | |
ASX | D | -0.16% | |
HII | F | -0.16% | |
INFY | B | -0.17% | |
GEV | A | -0.17% | |
MU | D | -0.18% | |
IPG | D | -0.18% | |
BWXT | A | -0.18% | |
GWRE | A | -0.19% | |
URI | C | -0.2% | |
GSK | F | -0.2% | |
PCAR | D | -0.2% | |
FMX | F | -0.22% | |
HSBC | A | -0.22% | |
PANW | B | -0.22% | |
EFX | D | -0.22% | |
CCEP | C | -0.24% | |
TYL | D | -0.24% | |
KR | C | -0.25% | |
NSC | C | -0.26% | |
DEO | C | -0.27% | |
TTWO | D | -0.28% | |
SAP | C | -0.28% | |
OMC | C | -0.28% | |
PG | D | -0.28% | |
WAT | B | -0.29% | |
INTC | D | -0.29% | |
GEHC | C | -0.3% | |
ISRG | C | -0.3% | |
NOW | B | -0.31% | |
MMM | C | -0.32% | |
CMI | A | -0.34% | |
BK | A | -0.35% | |
UL | D | -0.35% | |
BABA | A | -0.35% | |
LMT | A | -0.36% | |
TXN | C | -0.37% | |
ZBH | F | -0.37% | |
MDLZ | D | -0.38% | |
UNH | B | -0.4% | |
MSI | A | -0.4% | |
HDB | D | -0.41% | |
MLM | F | -0.44% | |
MCD | A | -0.44% | |
XOM | A | -0.45% | |
WM | B | -0.45% | |
PNC | C | -0.46% | |
DE | C | -0.52% | |
ASML | F | -0.52% | |
VRSK | D | -0.53% | |
PAYX | B | -0.54% | |
ETN | B | -0.55% | |
TSLA | C | -0.56% | |
GD | C | -0.56% | |
PEP | F | -0.61% | |
LIN | C | -0.64% | |
CMCSA | B | -0.65% | |
CDNS | D | -0.65% | |
DIS | D | -0.67% | |
APD | C | -0.69% | |
ORCL | A | -0.76% |
FTLS Underweight 34 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
HCP | A | -3.33% | |
HES | D | -3.31% | |
ANSS | D | -3.06% | |
HIBB | A | -2.69% | |
PRFT | A | -2.69% | |
EDR | A | -2.67% | |
CHX | C | -2.56% | |
ETRN | D | -2.51% | |
JNPR | C | -2.31% | |
CTLT | A | -2.24% | |
ALE | A | -2.09% | |
AXNX | A | -2.09% | |
VZIO | A | -1.99% | |
X | F | -1.89% | |
CERE | A | -1.88% | |
HTLF | B | -1.88% | |
SWN | D | -1.85% | |
AMK | B | -1.83% | |
DFS | A | -1.77% | |
CPRI | C | -1.75% | |
AMED | D | -1.45% | |
MGRC | D | -1.36% | |
AGS | A | -1.32% | |
HAYN | B | -1.31% | |
NWLI | A | -1.28% | |
HA | B | -1.23% | |
SBOW | D | -0.82% | |
OSG | A | -0.67% | |
IBTX | B | -0.67% | |
OLK | A | -0.62% | |
SRCL | B | -0.6% | |
CNSL | A | -0.57% | |
CRGY | B | --0.49% | |
CHRD | F | --2.18% |
FTLS: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords