Compare · 2 funds side by side · dividends reinvested

ARB and SPY

ARBAltshares×SPYSPDR×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$18,060SPY · best of the two

02 / 04

ARB and SPY, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%0.99%+13.3%+13.4%+24.1%+12.6%−8.9%12.9%$805B1.3

AltShares Merger Arbitrage ETFUnsorted0.82%0.42%+3.7%+4.4%+5.3%+4.2%−2.1%4.9%$111M1.8

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 4, 2026 · returns include dividends · since: ARB 2020 · SPY 1993

Head to Head

Swap sides Versus in desk

Head to Head

AltShares Merger Arbitrage ETF · $111M$12,310

ARB

SPY

State Street SPDR S&P 500 ETF · $805B$18,060

$10,000 five years ago, dividends reinvested · they hold 0.0% in common

ARBMeasureSPY

+3.7%Year to dateJan 1 → Nov 4+13.3%

+4.4%1 yearTotal return+13.4%

+5.3%3 years · per year$10,000 became $11,667 · $19,132+24.1%

+4.2%5 years · per year$10,000 became $12,310 · $18,060+12.6%

0.82%Expense ratio$82 · $9 a year on $10k · lower is better0.09%

0.42%Trailing 12-mo yield$42 · $99 a year on $10k0.99%

−2.1%Worst dropSmaller is better−8.9%

4.9%VolatilityLower is calmer12.9%

ARBSPY Winner of the row, in its colourEach row: the bigger of the two fills its side

2–6SPY wins

End-of-day Nov 4, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

ARB vs SPY: Top 5 Holdings

Today

ARB

12.4%in top 5

SPY

in top 527.3%

ARBStockSPY

not top 5NVDA7.7%

not top 5AAPL7.4%

not top 5MSFT5.9%

not top 5AMZN3.8%

not top 5GOOGL2.5%

2.5%CZRnot top 5

2.5%PENnot top 5

2.5%TECHnot top 5

2.5%IKTSYnot top 5

2.4%APGEnot top 5

Held in common0.0%

End-of-day Nov 4, 2026 · share of each fund

ARB vs SPY Returns, Every Period

AltsharesARB

+4.2%

5 years, per year

SPYSPDR

+12.6%

5 years, per year

ARBSPYFaded: behind in that period

0–4SPY wins

End-of-day Nov 4, 2026 · dividends in · faded = behind in that period

Unsorted vs Core: ARB vs SPY

YTD

AltsharesARB

+3.7%

SPYSPDR

+13.3%

+3.7%Year to date+13.3%

−2.1%Worst drop · 1Y−8.9%

4.9%Volatility · 1Y12.9%

0.4%Yield1.0%

$111MAssets$805B

2–2level

End-of-day Nov 4, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: ARB, SPY

Today

0.09%lowest, SPY

FundExpense ratioFee$10k

SPY0.09%$9

ARB0.82%$82

End-of-day Nov 4, 2026 · fee on $10,000 a year

Yields: ARB, SPY

0.99%highest, SPY

FundTrailing yieldYield$10k

SPY0.99%$99

ARB0.42%$42

End-of-day Nov 4, 2026 · trailing 12-month yield

Income After Fees on $10,000

$90most kept, SPY

SPY$99 − $9 = $90

ARB$42 − $82 = −$40

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee

Overlap: ARB, SPY

Today

0.0%most shared, ARB and SPY

ARBSPY

ARB—0.0%

SPY0.0%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+13.4%SPY, at 12.9% volatility

ARBWorst drop−2.1%4.9% vol

SPYWorst drop−8.9%12.9% vol

End-of-day Nov 4, 2026 · up and left is better

Paid More vs Made More

YTD

SPYARB

+13.3%Year to date+3.7%

1.0%Yield0.4%

+13.4%Past year+4.4%

0.09%Fee0.82%

4–0SPY wins

End-of-day Nov 4, 2026

Popular Pairs Near These Two

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$42.1BAssets$46.1B

1–1level

End-of-day Nov 4, 2026