OIH vs. ARB ETF Comparison
Comparison of Market Vectors Oil Services ETF (OIH) to AltShares Merger Arbitrage ETF (ARB)
OIH
Market Vectors Oil Services ETF
OIH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Oil Services 25 Index (the "Oil Services Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$293.41
Average Daily Volume
651,215
23
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
$27.80
Average Daily Volume
11,390
43
Performance
| Period | OIH | ARB |
|---|---|---|
| 30 Days | 5.71% | -0.31% |
| 60 Days | 1.57% | -0.26% |
| 90 Days | 0.51% | 0.90% |
| 12 Months | -5.22% | 5.22% |
1 Overlapping Holdings
| Symbol | Grade | Weight in OIH | Weight in ARB | Overlap | |
|---|---|---|---|---|---|
| CHX | C | 4.89% | 2.19% | 2.19% |
OIH Overweight 22 Positions Relative to ARB
OIH Underweight 42 Positions Relative to ARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | A | -2.76% | |
| RCM | A | -2.73% | |
| CTLT | D | -2.72% | |
| HCP | B | -2.72% | |
| SPR | D | -2.68% | |
| K | B | -2.67% | |
| JNPR | D | -2.66% | |
| ANSS | B | -2.57% | |
| INFN | D | -2.27% | |
| SRCL | B | -2.19% | |
| ENV | B | -2.17% | |
| SILK | A | -2.16% | |
| PETQ | A | -2.14% | |
| EVRI | A | -2.13% | |
| RVNC | F | -2.07% | |
| HA | A | -2.02% | |
| HES | B | -1.95% | |
| DFS | B | -1.9% | |
| X | C | -1.85% | |
| DO | D | -1.83% | |
| ALE | A | -1.81% | |
| PRFT | B | -1.81% | |
| PWSC | C | -1.81% | |
| AXNX | A | -1.81% | |
| INST | B | -1.79% | |
| VZIO | A | -1.78% | |
| AMK | B | -1.78% | |
| GTHX | A | -1.72% | |
| SRDX | C | -1.4% | |
| FBMS | B | -1.16% | |
| HTLF | B | -1.15% | |
| BALY | A | -1.14% | |
| CHUY | B | -1.13% | |
| TWKS | B | -1.11% | |
| MGRC | B | -1.07% | |
| SWN | C | -0.94% | |
| CALT | C | -0.58% | |
| AAN | B | -0.56% | |
| CNSL | B | -0.54% | |
| AGS | A | -0.53% | |
| HAYN | A | -0.53% | |
| SRCL | B | -0.5% |
OIH: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords
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