ODDS vs. ARB ETF Comparison
Comparison of Pacer BlueStar Digital Entertainment ETF (ODDS) to AltShares Merger Arbitrage ETF (ARB)
ODDS
Pacer BlueStar Digital Entertainment ETF
ODDS Description
The fund employs a “passive management” investment approach designed to track the total return performance of the index. The index is a rules-based index that consists of globally-listed stocks and depositary receipts of digital entertainment companies. Under normal circumstances, at least 80% of the fund’s net assets (plus any borrowings for investment purposes) will be invested in companies that derive at least 50% of their revenues from Digital Entertainment. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$23.87
Average Daily Volume
245
16
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
$27.88
Average Daily Volume
8,775
44
Performance
Period | ODDS | ARB |
---|---|---|
30 Days | -4.10% | 0.33% |
60 Days | 4.52% | 1.13% |
90 Days | 16.22% | 1.90% |
12 Months | 28.20% | 6.07% |
ODDS Underweight 42 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
MRO | B | -2.76% | |
RCM | A | -2.73% | |
CTLT | D | -2.72% | |
HCP | B | -2.72% | |
SPR | B | -2.68% | |
K | A | -2.67% | |
JNPR | A | -2.66% | |
ANSS | B | -2.57% | |
INFN | B | -2.27% | |
SRCL | A | -2.19% | |
CHX | F | -2.19% | |
ENV | A | -2.17% | |
SILK | A | -2.16% | |
PETQ | A | -2.14% | |
RVNC | C | -2.07% | |
HA | A | -2.02% | |
HES | B | -1.95% | |
DFS | A | -1.9% | |
X | C | -1.85% | |
DO | D | -1.83% | |
ALE | A | -1.81% | |
PRFT | A | -1.81% | |
PWSC | C | -1.81% | |
AXNX | A | -1.81% | |
INST | A | -1.79% | |
VZIO | C | -1.78% | |
AMK | B | -1.78% | |
GTHX | A | -1.72% | |
SRDX | D | -1.4% | |
FBMS | B | -1.16% | |
HTLF | A | -1.15% | |
CHUY | B | -1.13% | |
TWKS | A | -1.11% | |
MGRC | A | -1.07% | |
ITI | A | -1.07% | |
SWN | C | -0.94% | |
CALT | C | -0.58% | |
AAN | B | -0.56% | |
CNSL | A | -0.54% | |
AGS | A | -0.53% | |
HAYN | A | -0.53% | |
SRCL | A | -0.5% |
ODDS: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords