XTL vs. ARB ETF Comparison

Comparison of SPDR S&P Telecom ETF (XTL) to AltShares Merger Arbitrage ETF (ARB)
XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$107.70

Average Daily Volume

15,491

Number of Holdings *

38

* 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

$27.91

Average Daily Volume

11,089

Number of Holdings *

43

* may have additional holdings in another (foreign) market
Performance
Period XTL ARB
30 Days 5.43% 0.04%
60 Days 9.02% 0.20%
90 Days 13.00% 1.26%
12 Months 55.48% 5.53%
2 Overlapping Holdings
Symbol Grade Weight in XTL Weight in ARB Overlap
INFN D 2.74% 2.27% 2.27%
JNPR D 3.93% 2.66% 2.66%
XTL Overweight 36 Positions Relative to ARB
Symbol Grade Weight
LITE B 6.03%
CIEN C 4.91%
TMUS B 4.63%
CSCO B 4.6%
FFIV B 4.55%
MSI B 4.42%
ANET C 4.24%
CCOI B 4.22%
LUMN C 4.09%
T A 4.06%
FYBR C 3.77%
TDS B 3.75%
VZ C 3.64%
NPAB F 3.55%
IRDM D 3.43%
EXTR C 2.95%
UI B 2.04%
CALX D 2.02%
VIAV C 1.84%
AAOI B 1.81%
NTCT C 1.8%
VSAT F 1.64%
USM B 1.46%
HLIT D 1.42%
GOGO C 0.98%
GSAT C 0.97%
COMM D 0.82%
LILAK D 0.76%
BAND B 0.73%
DGII C 0.72%
ATEX F 0.6%
IDT B 0.49%
CLFD F 0.43%
NTGR B 0.4%
SHEN F 0.35%
AVNW F 0.14%
XTL Underweight 41 Positions Relative to ARB
Symbol Grade Weight
MRO B -2.76%
RCM A -2.73%
CTLT C -2.72%
HCP B -2.72%
SPR D -2.68%
K A -2.67%
ANSS B -2.57%
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 B -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%
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 C -0.54%
AGS A -0.53%
HAYN A -0.53%
SRCL B -0.5%
Compare ETFs