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AltShares Merger Arbitrage ETF
ARB performance and flow charts
Performance
Flows
Historic performance and flows
Data as of August 28, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.30% | +0.68% | +2.76% | +3.42% | +16.31% | +22.60% |
| Flows | -$42K | -$2M | -$973K | +$13M | +$18M | +$85M |
Characteristics
The AltShares Merger Arbitrage ETF is built to track the Water Island Merger Arbitrage USD Hedged GTR Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Other Strategies |
| Provider | AltShares |
| N° of holdings | 59 |
| Replication method | Direct (Physical) |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | May 7, 2020 |
| ESG | No |
More data and info about ARB on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 59
Top 15 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +1.66% | +1.57% | +2.01% | +2.83% |
Max drawdown | -0.40% | -0.44% | -1.55% | -5.26% |
Max drawdown duration | 21d | 16d | 98d | 315d |
Time to recover | 9d | 8d | 72d | 113d |
Replication quality
Data as of July 31, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is ARB?
ARB is a Passive ETF that provides exposure to Equity assets. It is managed by AltShares.
What index does ARB track?
ARB tracks the Water Island Merger Arbitrage USD Hedged GTR Index - USD, aiming to replicate its performance through full replication.
What does ARB invest in?
This ETF provides exposure to Global Equities. It is part of the segment: Alternatives.
What is the expense ratio of ARB?
The total expense ratio (TER) of ARB is 0.76%, representing the annual fee charged by the fund manager.
When was ARB launched?
ARB was launched on May 7, 2020, marking its entry into the ETF market.
Who is the issuer of ARB?
ARB is issued by AltShares.
What is the AUM of ARB?
As of August 28, 2026, ARB manages $102.47 M, reflecting the total assets held in the fund.
How has ARB performed recently?
As of August 28, 2026, ARB delivered a return of 0.3% over the past month (1M performance), 0.68% over the past three months (3M), and 2.76% year-to-date (YTD).
What are the recent fund flows for ARB?
As of August 28, 2026, ARB has seen net flows of -$42K in the past month (1M flow) and -$973K year-to-date (YTD).
Does ARB pay dividends?
As of August 28, 2026, ARB has a trailing 12-month distribution yield of 0.42%.
How many holdings are in ARB
As of July 31, 2026, ARB holds 59 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is ARB?
As of July 31, 2026, ARB holds 59 securities, with 40.15% of its assets concentrated in its top 15 holdings.
What are the top holdings of ARB?
As of July 31, 2026, ARB holds a portfolio of 59 underlyings, with its largest positions including Warner Bros. Discovery, Inc., Webster Financial Corp. and Penumbra, Inc.. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does ARB invest in?
As of July 31, 2026, ARB has its largest geographic exposures in USA and United Kingdom.
What sectors or themes does ARB focus on?
As of July 31, 2026, ARB is primarily exposed to Finance, Healthcare and Technology.
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