PFXF vs. ARB ETF Comparison
Comparison of Market Vectors Preferred Securities ex Financials ETF (PFXF) to AltShares Merger Arbitrage ETF (ARB)
PFXF
Market Vectors Preferred Securities ex Financials ETF
PFXF Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Wells Fargo® Hybrid and Preferred Securities ex Financials Index (the "Preferred Securities Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Preferred Securities Index is comprised of convertible or exchangeable and non-convertible preferred securities listed on U.S. exchanges. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$17.85
Average Daily Volume
500,210
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
$27.95
Average Daily Volume
8,778
44
Performance
Period | PFXF | ARB |
---|---|---|
30 Days | -1.57% | 0.67% |
60 Days | 1.97% | 1.19% |
90 Days | 5.47% | 2.09% |
12 Months | 14.91% | 6.56% |
0 Overlapping Holdings
Symbol | Grade | Weight in PFXF | Weight in ARB | Overlap |
---|
PFXF Overweight 28 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
NEE | D | 3.8% | |
T | A | 3.05% | |
TBB | C | 2.64% | |
SOJD | D | 1.95% | |
TBC | D | 1.69% | |
SREA | A | 1.54% | |
CMSD | C | 1.29% | |
CHSCO | A | 1.18% | |
AGNC | D | 1.15% | |
CHSCL | A | 1.11% | |
QRTEP | F | 1.06% | |
CHSCM | B | 1.04% | |
DUKB | C | 1.03% | |
BPYPM | B | 0.99% | |
CTDD | C | 0.94% | |
UZE | B | 0.92% | |
SOJC | D | 0.91% | |
CHSCN | A | 0.88% | |
DTW | D | 0.81% | |
EAI | D | 0.78% | |
CHSCP | D | 0.77% | |
AQNB | A | 0.73% | |
AGNCN | A | 0.68% | |
CMSC | C | 0.57% | |
GPJA | D | 0.54% | |
ELC | D | 0.51% | |
EMP | D | 0.5% | |
TVC | C | 0.48% |
PFXF Underweight 44 Positions Relative to ARB
Symbol | Grade | Weight | |
---|---|---|---|
MRO | C | -2.76% | |
RCM | A | -2.73% | |
CTLT | D | -2.72% | |
HCP | A | -2.72% | |
SPR | C | -2.68% | |
K | A | -2.67% | |
JNPR | A | -2.66% | |
ANSS | C | -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% | |
EVRI | A | -2.13% | |
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% | |
BALY | A | -1.14% | |
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% |
PFXF: Top Represented Industries & Keywords
ARB: Top Represented Industries & Keywords