IEO vs. ARB ETF Comparison
Comparison of iShares U.S. Oil & Gas Exploration & Production ETF (IEO) to AltShares Merger Arbitrage ETF (ARB)
IEO
iShares U.S. Oil & Gas Exploration & Production ETF
IEO Description
The investment seeks to track the investment results of an index composed of U.S. equities in the oil and gas exploration and production sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Oil Exploration & Production Index (the "underlying index"), which measures the performance of the oil exploration and production sub-sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$98.06
Average Daily Volume
86,400
47
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
40
Performance
| Period | IEO | ARB |
|---|---|---|
| 30 Days | 6.49% | 1.05% |
| 60 Days | 8.63% | 2.03% |
| 90 Days | 0.29% | 2.88% |
| 12 Months | 10.83% | 5.90% |
IEO Overweight 41 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| COP | D | 18.74% | |
| EOG | B | 10.73% | |
| MPC | D | 8.44% | |
| PSX | D | 6.63% | |
| FANG | D | 4.59% | |
| VLO | F | 4.42% | |
| DVN | F | 4.21% | |
| CTRA | D | 3.14% | |
| TPL | A | 2.99% | |
| MRO | B | 2.65% | |
| OVV | D | 1.81% | |
| APA | F | 1.62% | |
| PR | D | 1.53% | |
| AR | C | 1.5% | |
| RRC | D | 1.33% | |
| DINO | F | 1.31% | |
| MTDR | D | 1.02% | |
| CNX | A | 0.85% | |
| MUR | F | 0.85% | |
| CIVI | F | 0.83% | |
| MGY | B | 0.82% | |
| VNOM | A | 0.81% | |
| SM | D | 0.81% | |
| CRC | B | 0.64% | |
| NOG | D | 0.63% | |
| PBF | F | 0.56% | |
| GPOR | B | 0.34% | |
| WKC | A | 0.33% | |
| KOS | F | 0.33% | |
| STR | D | 0.3% | |
| TALO | D | 0.23% | |
| DK | F | 0.22% | |
| SOC | C | 0.2% | |
| PARR | F | 0.18% | |
| CRK | B | 0.18% | |
| TELL | B | 0.16% | |
| GPRE | F | 0.16% | |
| CVI | D | 0.14% | |
| REX | D | 0.13% | |
| VTLE | F | 0.13% | |
| CLNE | C | 0.1% |
IEO Underweight 34 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HCP | A | -3.33% | |
| 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% | |
| 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% | |
| WRK | C | -0.94% | |
| SBOW | D | -0.82% | |
| OSG | A | -0.67% | |
| IBTX | B | -0.67% | |
| OLK | A | -0.62% | |
| SRCL | B | -0.6% | |
| CNSL | A | -0.57% | |
| UMBF | C | --0.59% | |
| SSB | C | --0.68% | |
| SNPS | F | --1.86% |
IEO: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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