ARB vs. QIS

In the year-to-date period, ARB achieves a 2.76% return, which is significantly higher than QIS's -5.29% return.

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ARB has a 0.87% expense ratio, which is lower than QIS's 1.00% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for AltShares Merger Arbitrage ETF (ARB) and Simplify Multi-Qis Alternative ETF (QIS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current ARB Sharpe Ratio is 2.06, which is higher than the QIS Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of ARB and QIS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ARB's dividend yield for the trailing twelve months is around 1.09%, less than QIS's 2.46% yield.

The maximum ARB drawdown since its inception was -5.60%, smaller than the maximum QIS drawdown of -24.02%. Use the drawdown chart below to compare losses from any high point for ARB and QIS. For additional features, visit the drawdowns tool.

The current volatility for AltShares Merger Arbitrage ETF (ARB) is 0.70%, while Simplify Multi-Qis Alternative ETF (QIS) has a volatility of 9.49%. This indicates that ARB experiences smaller price fluctuations and is considered to be less risky than QIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.