evenfolioETF Details
AltShares·Event Driven·ARB · NYSE Arca
AltShares Merger Arbitrage ETF (ARB)
- Price
- $29.92
- —30 Oct 2026
- Assets
- $103.1M
- Total net assets
- Expense ratio
- 0.82%
- Category 1.83%
- Yield
- 0.42%
- Trailing distributions
- 1Y return
- 3.5%-1.6%
- Category 5.1%
- 3Y CAGR
- 5.0%-2.4%
- Category 7.4%
- 5Y CAGR
- 4.0%+0.1%
- Category 3.9%
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AltShares Merger Arbitrage ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | -0.1% | +1.1% | +1.4% | +2.9% | +3.5% | +5.0% | +4.0% | — | +4.1% |
| Event Driven average | 0.4% | 0.6% | 1.9% | 3.8% | 5.1% | 7.4% | 3.9% | 3.3% | 3.5% |
| Difference | -0.5% | +0.4% | -0.5% | -0.9% | -1.6% | -2.4% | +0.1% | — | +0.6% |
Holdings
The 10 largest positions make up 25.7% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| WBD | Warner Bros. Discovery Inc Ordinary Shares - Class A | 3.74% |
| CZR | Caesars Entertainment Inc | 2.51% |
| PEN | Penumbra Inc | 2.50% |
| TECH | Bio-Techne Corp | 2.49% |
| AES | The AES Corp | 2.47% |
| ITRK.L | Intertek Group PLC | 2.47% |
| APGE | Apogee Therapeutics Inc | 2.45% |
| CRNX | Crinetics Pharmaceuticals Inc | 2.41% |
| DHER.DE | Delivery Hero SE | 2.37% |
| GSAT | Globalstar Inc | 2.33% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 20.3
- P/B
- 2.6
- P/S
- 1.5
- P/CF
- 11.4
Sector allocation
Share of the equity the fund holds.
- Health care22.2%
- Industrials18.2%
- Financial services15.5%
- Communication services13.9%
- Consumer discretionary10.1%
- Technology10.0%
- Utilities4.1%
- Consumer staples3.2%
- Real estate2.8%
Asset mix
- Stocks87.5%
- Cash12.6%
ETF details
- Issuer
- AltShares
- Category
- Alternatives · Event Driven
- Ticker
- ARB
- Exchange
- NYSE Arca
- Inception
- 7 May 2020 (6.5 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.82% (category 1.83%)
- Holdings turnover
- 399% (category 244%)
- Distribution yield
- 0.42%
- Beta, 3 years
- 0.05
- Total net assets
- $103.1M
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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