IBRN vs. ARB ETF Comparison

Comparison of iShares Neuroscience and Healthcare ETF (IBRN) to AltShares Merger Arbitrage ETF (ARB)
IBRN

iShares Neuroscience and Healthcare ETF

IBRN Description

iShares Neuroscience and Healthcare ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of global region. It invests in stocks of companies operating across neurology biopharmaceuticals or neurological devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the NYSE FactSet Global Neuro Biopharma and MedTech Index, by using representative sampling technique. iShares Neuroscience and Healthcare ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.50

Average Daily Volume

367

Number of Holdings *

9

* 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 IBRN ARB
30 Days -1.47% 0.17%
60 Days 5.71% 0.43%
90 Days 1.28% 1.37%
12 Months 26.59% 5.64%
1 Overlapping Holdings
Symbol Grade Weight in IBRN Weight in ARB Overlap
AXNX C 3.69% 1.81% 1.81%
IBRN Overweight 8 Positions Relative to ARB
Symbol Grade Weight
BHVN D 4.87%
PTCT B 4.57%
ITCI C 4.16%
CPRX C 3.97%
ARGX A 3.9%
XENE D 3.86%
NBIX C 3.61%
LBPH A 3.56%
IBRN 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%
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%
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