ARB AltShares Merger Arbitrage ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 30.09 | Day Range | 30.04 – 30.09 |
| 52-Week Range | 28.30 – 32.48 | Volume | 3.93K |
| Avg Volume | 18.68K | AUM | $110.7M (Oct 10, 2026) |
| Expense Ratio | 0.76% | Yield (TTM) | 0.42% |
| NAV | 30.04 | Premium/Discount | +0.05% indicative |
| Inception | May 07, 2020 | Holdings | 86 |
| Issuer | Altshares | Exchange | AMEX |
| Category | Developed Markets | Index Tracked | Not stated in source data |
| CUSIP | 03875R791 | ISIN | US02210T1088 |
| Management | Passive / index-tracking (per issuer description) | ||
About this ETF
ARB is the first ETF by AltShares Trust and the first merger arbitrage fund that hedges foreign currency exposure. The fund is passively managed to invest in a developed market index of all-cap equities, focused on publicly-announced stock-for-stock mergers or acquisitions. The fund takes long positions on 30-50 takeover targets, while shorting the acquiring firms to hedge the acquirers stock price decline. The index rebalances and reconstitutes twice a month. ARB hedges its FX risks against the USD using forward currency or futures contracts. The fund may also hold positions in cash when the number of takeover targets are not met or when deals are consummated.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.97% | +1.18% | +2.24% | +3.41% | +3.66% | +4.57% | +3.00% | — | +2.85% |
| Total return | +0.97% | +1.18% | +2.24% | +3.41% | +4.12% | +5.12% | +4.17% | — | +4.22% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.76% | Annual cost of a $10,000 investment | $76.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 67 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Warner Bros Discovery, Inc. | — | 3.79% | 138.98K | $3.9M |
| 2 | Exact Sciences Corp. | EXAS | 3.01% | 30.06K | $3.1M |
| 3 | JDE Peet's NV | JDEP.AS | 2.92% | 80.33K | $3.0M |
| 4 | Hologic, Inc. | HOLX | 2.83% | 38.73K | $2.9M |
| 5 | Clearwater Analytics Holdings, Inc., Class A | CWAN | 2.83% | 124.64K | $2.9M |
| 6 | Masimo Corp. | MASI | 2.82% | 16.59K | $2.9M |
| 7 | Electronic Arts, Inc. | EA | 2.82% | 14.50K | $2.9M |
| 8 | Chart Industries, Inc. | — | 2.82% | 14.01K | $2.9M |
| 9 | Confluent, Inc., Class A | CFLT | 2.81% | 94.42K | $2.9M |
| 10 | Norfolk Southern Corp. | NSC | 2.79% | 9.16K | $2.9M |
| 11 | Webster Financial Corp. | — | 2.78% | 39.75K | $2.9M |
| 12 | New Gold, Inc. | NGD.TO | 2.68% | 205.74K | $2.8M |
| 13 | Penumbra, Inc. | PEN | 2.67% | 8.00K | $2.8M |
| 14 | Air Lease Corp. | — | 2.52% | 40.04K | $2.6M |
| 15 | Sealed Air Corp. | SEE | 2.24% | 55.24K | $2.3M |
| 16 | RAPT Therapeutics, Inc. | RAPT | 2.23% | 39.72K | $2.3M |
| 17 | Allied Gold Corp. | AAUC.TO | 2.07% | 67.49K | $2.1M |
| 18 | DigitalBridge Group, Inc. | — | 2.06% | 137.60K | $2.1M |
| 19 | Onestream, Inc. | — | 2.06% | 90.10K | $2.1M |
| 20 | TXNM Energy, Inc. | TXNM | 2.05% | 35.90K | $2.1M |
| 21 | Tri Pointe Homes, Inc. | TPH | 2.05% | 45.74K | $2.1M |
| 22 | Ventyx Biosciences, Inc. | VTYX | 2.05% | 151.23K | $2.1M |
| 23 | Silicon Laboratories, Inc. | SLAB | 2.05% | 10.32K | $2.1M |
| 24 | Brighthouse Financial, Inc. | — | 1.93% | 33.12K | $2.0M |
| 25 | SEMrush Holdings, Inc., Class A | SEMR | 1.63% | 142.26K | $1.7M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.42% | Paid (last 12 months) | $0.1257 |
| Frequency | Annual | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 18, 2025 | Last payment | $0.1257 (Dec 19, 2025) |
| Growth 1Y | -59.34% | Growth 3Y / 5Y (ann.) | -51.11% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 18, 2025 | Dec 18, 2025 | Dec 19, 2025 | $0.1257 |
| Dec 18, 2024 | Dec 18, 2024 | Dec 19, 2024 | $0.3092 |
| Dec 15, 2022 | Dec 16, 2022 | Dec 19, 2022 | $1.0757 |
| Dec 17, 2020 | Dec 18, 2020 | Dec 21, 2020 | $0.7260 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 4.66% / 3.67% | Sharpe 1Y / 3Y | 0.094 / 0.319 |
| Max drawdown 1Y / 3Y | -2.10% / -2.13% | Sortino 1Y | 0.144 |
| Beta vs S&P 500 (3Y) | 0.064 | Correlation vs S&P 500 (1Y) | 0.231 |
| Downside deviation 1Y | 3.04% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 3.93K | Average volume | 18.68K |
| AUM | $110.7M | Premium/Discount | +0.05% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $100.0K | +0.09% | $110.5M → $110.7M |
| 1 Month | $18.9M | +20.78% | $90.9M → $110.7M |
| 1 Week | $7.4M | +7.17% | $103.1M → $110.7M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for ARB
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.