Event Driven · NYSE ARCA · USD · Data as of 2026-07-30
AUM
$104.54M
Expense ratio
0.76%
Yield
0.42%
YTD return
+2.45%
Last price
$29.55
Active · Coverage 75% · medium
Today
48.1
Outlook
52.2
Block A (composite-derived)
56.5
Block C (market behavior)
45.3
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
56.5
Coverage 75% · medium
Liquidity
58.6
Expenses
45.0
Performance
42.4
Volatility
87.3
Dividend
32.0
Concentration
70.0
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
AltShares Trust - AltShares Merger Arbitrage ETF (ARB) is an exchange-traded fund from AltShares in the Mixed asset class. Launched in 2020. Assets under management: 99,717,936.
Bullish Whales composite rating: 57 out of 100. Evidence coverage 75% across 6 of 8 axes. Strongest axes: volatility, concentration, liquidity.
Annualized one-year realized volatility 3%, classified low. Weakest axes: dividend, performance.
Top-10 weight 0%, diversified, led by WBD. Trailing yield 0%.
etf_composite_score_current · composite_score, concentration_score, confidence, coverage_pct, dividend_score, liquidity_score, performance_score, volatility_scoreetf_fundamentals_td · dividend_frequency, yieldetf_holdings_top10 · holding_symbol, weightetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yThe AltShares Merger Arbitrage Fund is a specialized investment vehicle that focuses on the unique strategy of merger arbitrage. This fund aims to capitalize on the price discrepancies that often occur after the announcement of mergers and acquisitions. By investing in the stocks of companies involved in such transactions, the fund seeks to benefit from the differential between the current market price of the target company and the proposed acquisition price. This strategy predominantly operates within the realms of corporate finance and investment management. Known for its approach that involves both buying and shorting stocks, this fund targets opportunities across various industry sectors heavily engaged in merger activities such as technology, healthcare, and financial services. The AltShares Merger Arbitrage Fund plays a pivotal role in providing liquidity and price stability during merger deals, thus contributing to efficient market operations. Its presence in the marketplace is invaluable for investors looking to diversify their portfolios with a strategy that typically exhibits low correlation with the broader market indices, thereby potentially offering a hedge against market volatility.
30-day change
$1.46M
90-day change
—
Current AUM: $104,538,432. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for ARB are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.