AltShares Merger Arbitrage ETF
Symbol: ARB
Exchange: NYSE ARCA
Sector: Healthcare
Category: Event Driven
Inception Date: 07/05/2020
Latest Date: 02/04/2026
Current Price: $29.33
Expense Ratio: 0.76%
Assets Under Management
$103.4M
-0.03% daily change
Period Performance
Adjusted cumulative ETF performance normalized to the first available adjusted price of the selected period.
Adjusted Return
--
--
Performance Metrics
Return
0.55%
Volatility
3.19%
Sharpe Ratio
0.799
VaR 95%
-0.19%
CVaR 95%:
-0.20%
Max Drawdown:
-0.67%
Sortino Ratio:
2.587
Calmar Ratio:
9.28
Return
1.20%
Volatility
2.94%
Sharpe Ratio
0.462
VaR 95%
-0.21%
CVaR 95%:
-0.34%
Max Drawdown:
-0.67%
Sortino Ratio:
0.733
Calmar Ratio:
7.49
Return
1.51%
Volatility
2.86%
Sharpe Ratio
-0.199
VaR 95%
-0.24%
CVaR 95%:
-0.34%
Max Drawdown:
-0.67%
Sortino Ratio:
-0.358
Calmar Ratio:
4.60
Return
4.38%
Volatility
2.78%
Sharpe Ratio
0.278
VaR 95%
-0.23%
CVaR 95%:
-0.37%
Max Drawdown:
-1.03%
Sortino Ratio:
0.374
Calmar Ratio:
4.28
Return
9.69%
Volatility
3.05%
Sharpe Ratio
0.367
VaR 95%
-0.28%
CVaR 95%:
-0.44%
Max Drawdown:
-2.13%
Sortino Ratio:
0.476
Calmar Ratio:
2.23
Return
17.46%
Volatility
3.63%
Sharpe Ratio
0.524
VaR 95%
-0.27%
CVaR 95%:
-0.50%
Max Drawdown:
-4.10%
Sortino Ratio:
0.651
Calmar Ratio:
1.35
Daily Returns for Period 12M
Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.
Average Daily Return
0.017%
Best Day
0.562%
03/07/2025
Worst Day
-1.03%
04/04/2025
Days with Data
251
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 02/04/2026 | $29.34 | $29.34 | $29.29 | $29.33 | 9,700 |
| 01/04/2026 | $29.38 | $29.38 | $29.31 | $29.33 | 10,600 |
| 31/03/2026 | $29.30 | $29.34 | $29.28 | $29.32 | 10,300 |
| 30/03/2026 | $29.24 | $29.28 | $29.22 | $29.22 | 264,800 |
| 27/03/2026 | $29.27 | $29.28 | $29.20 | $29.20 | 8,200 |
| 26/03/2026 | $29.25 | $29.30 | $29.23 | $29.23 | 25,400 |
| 25/03/2026 | $29.27 | $29.31 | $29.26 | $29.28 | 28,700 |
| 24/03/2026 | $29.33 | $29.33 | $29.24 | $29.30 | 11,700 |
| 23/03/2026 | $29.12 | $29.37 | $29.12 | $29.30 | 8,400 |
| 20/03/2026 | $29.32 | $29.32 | $29.18 | $29.28 | 3,800 |