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AltShares Trust - AltShares Merger Arbitrage ETF

ARB

NYSE ARCA
$29.770.03% (-0.00)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Event Driven

Alternative Strategy ETFs

Invests in event driven segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

0.77%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$102.51M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

0.04
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

1.91%
PE
PE

Ratio of price to the prospective earnings of the ETF's underlyings

14.06
PE Category
PE Category

Ratio of price to the prospective earnings of the holdings of ETFs from the same category

17.19

ETF Profile

Peers

Peers

Exp. Ratio
5.81%
5.81%
PE
17.49
17.49
1Y Return
11.23%
11.23%
Exp. Ratio
0.77%
0.77%
PE
14.04
14.04
1Y Return
1.88%
1.88%
Exp. Ratio
1.7999%
1.7999%
PE
15.94
15.94
1Y Return
0.89%
0.89%
Exp. Ratio
0.75%
0.75%
PE
16.93
16.93
1Y Return
5.43%
5.43%
Exp. Ratio
1.29%
1.29%
PE
17.06
17.06
1Y Return
3.41%
3.41%

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFEvent Driven
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
AltShares Trust - AltShares Merger Arbitrage ETF $102.51M0.77%2.67%
Saba Closed-End Funds ETF$434.50M5.81%11.23%
IQ Merger Arbitrage ETF$260.36M0.77%1.88%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
    Sector
  • Warner Bros Discovery Inc
    Sector: Communication Services
    Holdings3.60 %
    Warner Bros Discovery Inc
    WBD

    Holdings

    3.60 %

    Communication Services
  • Electronic Arts Inc
    Sector: Communication Services
    Holdings2.80 %
    Electronic Arts Inc
    EA

    Holdings

    2.80 %

    Communication Services
  • Clearwater Analytics Holdings Inc
    Sector: Technology
    Holdings2.80 %
    Clearwater Analytics Holdings Inc
    CWAN

    Holdings

    2.80 %

    Technology
  • The AES Corporation
    Sector: Utilities
    Holdings2.79 %
    The AES Corporation
    AES

    Holdings

    2.79 %

    Utilities
  • Masimo Corporation
    Sector: Healthcare
    Holdings2.78 %
    Masimo Corporation
    MASI

    Holdings

    2.78 %

    Healthcare
  • Chart Industries Inc
    Sector: Industrials
    Holdings2.73 %
    Chart Industries Inc
    GTLS

    Holdings

    2.73 %

    Industrials
  • Penumbra Inc
    Sector: Healthcare
    Holdings2.71 %
    Penumbra Inc
    PEN

    Holdings

    2.71 %

    Healthcare
  • Webster Financial Corporation
    Sector: Financial Services
    Holdings2.71 %
    Webster Financial Corporation
    WBS

    Holdings

    2.71 %

    Financial Services
  • Norfolk Southern Corporation
    Sector: Industrials
    Holdings2.66 %
    Norfolk Southern Corporation
    NSC

    Holdings

    2.66 %

    Industrials
  • Globalstar, Inc. Common Stock
    Sector: Communication Services
    Holdings2.50 %
    Globalstar, Inc. Common Stock
    GSAT

    Holdings

    2.50 %

    Communication Services

Frequently asked questions

Frequently asked questions

  1. AltShares Trust - AltShares Merger Arbitrage ETF (ARB) is currently trading at $29.77. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy AltShares Trust - AltShares Merger Arbitrage ETF (ARB) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in AltShares Trust - AltShares Merger Arbitrage ETF (ARB) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of AltShares Trust - AltShares Merger Arbitrage ETF (ARB) is 0.77%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. AltShares Trust - AltShares Merger Arbitrage ETF (ARB)’s top holdings currently include Warner Bros Discovery Inc, Electronic Arts Inc, and Clearwater Analytics Holdings Inc. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of AltShares Trust - AltShares Merger Arbitrage ETF (ARB) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from AltShares Trust - AltShares Merger Arbitrage ETF (ARB) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like AltShares Trust - AltShares Merger Arbitrage ETF (ARB), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. AltShares Trust - AltShares Merger Arbitrage ETF (ARB)’s current assets under management (AUM) are $102.51M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. AltShares Trust - AltShares Merger Arbitrage ETF (ARB)’s price-to-earnings (P/E) ratio is 14.06. It represents the weighted valuation of the companies held within the ETF relative to their earnings.

  11. You can compare AltShares Trust - AltShares Merger Arbitrage ETF (ARB) with Saba Closed-End Funds ETF (CEFS), IQ Merger Arbitrage ETF (MNA), and First Trust Equity Market Neutral ETF (NTRL) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  12. AltShares Trust - AltShares Merger Arbitrage ETF (ARB)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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