SMCF vs. ARB ETF Comparison

Comparison of Themes US Small Cap Cash Flow Champions ETF (SMCF) to AltShares Merger Arbitrage ETF (ARB)

SMCF

Themes US Small Cap Cash Flow Champions ETF

SMCF Description

The index is a free-float adjusted, market capitalization weighted index that is designed to provide exposure to small capitalization U.S. companies that have a high cash flow yield. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.53

Average Daily Volume

374

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$27.90

Average Daily Volume

11,112

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMCF	ARB
30 Days	8.10%	-0.36%
60 Days	8.27%	-0.18%
90 Days	12.74%	0.85%
12 Months		5.24%

2 Overlapping Holdings

	Symbol	Grade	Weight in SMCF	Weight in ARB	Overlap
	HTLF	B	0.7%	1.15%	0.7%
	MRO	A	4.5%	2.76%	2.76%

SMCF Overweight 71 Positions Relative to ARB

Symbol	Grade	Weight
BLDR	F	4.39%
TOL	B	4.16%
CF	A	4.07%
WSM	C	4.0%
RGA	B	3.93%
FLEX	A	3.9%
EWBC	A	3.78%
FHN	B	2.84%
EVR	B	2.79%
AR	B	2.77%
MLI	B	2.66%
ORI	A	2.45%
APA	F	2.12%
UFPI	C	2.07%
JXN	C	1.82%
DINO	D	1.77%
PR	B	1.77%
MTDR	B	1.75%
MTG	C	1.72%
AXS	A	1.71%
THG	A	1.53%
STRL	B	1.44%
MATX	B	1.42%
BCC	C	1.42%
OZK	B	1.34%
SM	C	1.34%
ABCB	B	1.2%
AX	B	1.09%
IBOC	B	1.02%
BGC	C	1.0%
CEIX	B	0.94%
CALM	A	0.94%
WD	D	0.92%
HCC	B	0.92%
WSFS	B	0.92%
FBP	B	0.9%
DDS	B	0.88%
BTU	B	0.86%
PBF	D	0.83%
NMIH	C	0.79%
ARCH	B	0.78%
APAM	B	0.78%
EBC	B	0.76%
VIRT	A	0.76%
BFH	B	0.72%
HESM	A	0.71%
ENVA	B	0.69%
TBBK	B	0.68%
AMR	C	0.67%
VSTO	A	0.61%
YOU	D	0.58%
MGNI	B	0.55%
TRMK	B	0.55%
MCY	B	0.54%
CVI	D	0.52%
EQC	A	0.51%
VRTS	B	0.49%
DVAX	C	0.46%
STBA	B	0.42%
LOB	C	0.42%
PRDO	B	0.41%
HOPE	B	0.4%
TCBK	B	0.39%
TX	F	0.39%
SPNT	A	0.37%
CNA	C	0.27%
MUR	D	0.26%
FLNG	C	0.22%
IRWD	F	0.15%
CIVI	F	0.14%
STNG	D	0.01%

SMCF Underweight 41 Positions Relative to ARB

Symbol	Grade	Weight
RCM	A	-2.73%
CTLT	D	-2.72%
HCP	B	-2.72%
SPR	D	-2.68%
K	A	-2.67%
JNPR	D	-2.66%
ANSS	B	-2.57%
INFN	D	-2.27%
SRCL	B	-2.19%
CHX	C	-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	B	-1.4%
FBMS	B	-1.16%
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%