IVRS vs. ARB ETF Comparison
Comparison of iShares Future Metaverse Tech and Communications ETF (IVRS) to AltShares Merger Arbitrage ETF (ARB)
IVRS
iShares Future Metaverse Tech and Communications ETF
IVRS Description
The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the "metaverse" and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$33.25
Average Daily Volume
177
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
$27.01
Average Daily Volume
14,985
29
Performance
| Period | IVRS | ARB |
|---|---|---|
| 30 Days | 1.17% | 0.27% |
| 60 Days | 1.58% | 0.81% |
| 90 Days | 2.06% | -0.25% |
| 12 Months | 15.68% | 5.84% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IVRS | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| ANSS | C | 4.51% | 3.4% | 3.4% |
IVRS Overweight 27 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| META | A | 6.0% | |
| ADSK | B | 4.99% | |
| RBLX | B | 4.7% | |
| SONY | C | 4.7% | |
| PTC | B | 4.67% | |
| EA | B | 4.61% | |
| TTWO | C | 4.33% | |
| AAPL | A | 4.14% | |
| U | F | 3.92% | |
| SNPS | B | 3.8% | |
| CDNS | B | 3.74% | |
| GRMN | C | 3.6% | |
| MSFT | A | 3.13% | |
| NVDA | B | 2.73% | |
| ZM | F | 2.08% | |
| GOOGL | A | 1.67% | |
| AMD | B | 0.43% | |
| ADBE | B | 0.41% | |
| CRM | C | 0.38% | |
| QCOM | B | 0.34% | |
| INTC | C | 0.21% | |
| MU | C | 0.21% | |
| ANET | A | 0.13% | |
| SNAP | B | 0.02% | |
| AZPN | D | 0.01% | |
| MTCH | F | 0.01% | |
| YY | C | 0.0% |
IVRS Underweight 28 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | -3.66% | |
| HES | D | -3.57% | |
| CTLT | B | -3.52% | |
| MDC | A | -2.74% | |
| AXNX | B | -2.74% | |
| DOOR | A | -2.7% | |
| JNPR | B | -2.68% | |
| CERE | C | -2.64% | |
| EVBG | B | -2.08% | |
| VZIO | B | -2.0% | |
| KAMN | A | -1.96% | |
| DFS | B | -1.89% | |
| CPRI | D | -1.88% | |
| SWN | D | -1.86% | |
| X | C | -1.82% | |
| HAYN | C | -1.39% | |
| AMED | A | -1.36% | |
| OLK | A | -1.31% | |
| HA | C | -1.29% | |
| MGRC | D | -1.01% | |
| WRK | C | -0.99% | |
| EGLE | B | -0.73% | |
| NWLI | A | -0.66% | |
| CNSL | B | -0.65% | |
| TGAN | B | -0.52% | |
| ONB | B | --0.13% | |
| CHRD | C | --1.89% | |
| COF | D | --2.2% |
IVRS: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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