Performance analysis of ARB (ALTSHARES MERGER ARBITRAGE ETF)
Annual Return
Over the past 3 years, ARB has had an average annual return of +6.40%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, ARB has had an average annual return of +3.88%, underperforming the benchmark SPY, which returned +13.88% annual.
Since May 7, 2020, ARB has had an average annual return of +4.16%, underperforming the benchmark SPY, which returned +18.83% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.70% | +6.05% | +4.07% | +3.85% | +2.68% | +3.15% | +3.79% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.06% | +0.27% | +0.66% | +0.72% | -0.07% | +0.18% | +1.70% | ||||||
| 2025 | +1.40% | +0.97% | +0.20% | -0.32% | +0.64% | +0.56% | +0.98% | +0.60% | +0.17% | +0.15% | -0.10% | +0.66% | +6.05% |
| 2024 | -0.49% | +1.16% | +0.93% | -1.83% | +0.72% | +0.17% | +1.58% | +1% | +0.36% | +0.85% | -0.45% | +0.04% | +4.07% |
| 2023 | -0.84% | +0.18% | -0.90% | +0.98% | -0.90% | +0.35% | +0.58% | +1.67% | +0.78% | -0.04% | +0.79% | +1.14% | +3.85% |
| 2022 | +0.18% | +0.61% | +0.63% | -0.63% | -0.66% | -0.31% | +1.72% | +1.10% | -0.73% | +2.34% | -1.92% | +0.38% | +2.68% |
| 2021 | -0.27% | -0.82% | +0.88% | +1.26% | +0.91% | -0.13% | -0.64% | +0.40% | +0.05% | +0.96% | +0% | +0.54% | +3.15% |
| 2020 | -2.26% | -0.41% | +4.19% | +0.12% | -0.22% | +0.97% | +1.01% | +0.45% | +3.79% |
Drawdown analysis of ARB (ALTSHARES MERGER ARBITRAGE ETF)
The maximum drawdown for the ARB was -5.59%, occurring on May 22, 2023. Recovery took 77 trading sessions.
The current ARB drawdown is -0.50%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.59% | Nov 1, 2022 | 138 | May 22, 2023 | 77 | Sep 12, 2023 | 215 |
| -5.11% | Dec 17, 2021 | 124 | Jun 16, 2022 | 36 | Aug 9, 2022 | 160 |
| -3.62% | May 8, 2020 | 9 | May 21, 2020 | 37 | Jul 15, 2020 | 46 |
| -3.16% | Jan 8, 2021 | 22 | Feb 10, 2021 | 45 | Apr 16, 2021 | 67 |
| -2.13% | Apr 3, 2024 | 21 | May 2, 2024 | 50 | Jul 16, 2024 | 71 |
| -1.99% | Nov 7, 2024 | 30 | Dec 20, 2024 | 15 | Jan 15, 2025 | 45 |
| -1.90% | Jun 16, 2021 | 34 | Aug 4, 2021 | 46 | Oct 8, 2021 | 80 |
| -1.68% | Aug 15, 2022 | 33 | Sep 30, 2022 | 17 | Oct 25, 2022 | 50 |
| -1.28% | Mar 31, 2025 | 4 | Apr 4, 2025 | 29 | May 16, 2025 | 33 |
| -0.95% | Dec 27, 2023 | 26 | Feb 5, 2024 | 14 | Feb 26, 2024 | 40 |
| -0.92% | Nov 3, 2021 | 21 | Dec 3, 2021 | 10 | Dec 17, 2021 | 31 |
| -0.92% | Aug 19, 2020 | 18 | Sep 15, 2020 | 18 | Oct 9, 2020 | 36 |
| -0.69% | May 12, 2026 | 3 | May 15, 2026 | Ongoing | Ongoing | Ongoing |
| -0.66% | Mar 4, 2026 | 7 | Mar 13, 2026 | 12 | Mar 31, 2026 | 19 |
| -0.65% | Sep 19, 2024 | 8 | Oct 1, 2024 | 11 | Oct 16, 2024 | 19 |
| -0.60% | Apr 22, 2026 | 1 | Apr 23, 2026 | 1 | Apr 24, 2026 | 2 |
| -0.58% | Sep 3, 2024 | 1 | Sep 4, 2024 | 4 | Sep 10, 2024 | 5 |
| -0.57% | Mar 7, 2024 | 5 | Mar 14, 2024 | 4 | Mar 20, 2024 | 9 |
| -0.56% | Dec 24, 2025 | 3 | Dec 30, 2025 | 26 | Feb 6, 2026 | 29 |
| -0.55% | Oct 8, 2025 | 6 | Oct 16, 2025 | 7 | Oct 27, 2025 | 13 |
| -0.53% | Oct 10, 2023 | 13 | Oct 27, 2023 | 6 | Nov 6, 2023 | 19 |
| -0.52% | Aug 2, 2024 | 1 | Aug 5, 2024 | 3 | Aug 8, 2024 | 4 |
| -0.52% | Oct 27, 2025 | 18 | Nov 20, 2025 | 13 | Dec 10, 2025 | 31 |
| -0.51% | Feb 25, 2026 | 2 | Feb 27, 2026 | 2 | Mar 3, 2026 | 4 |
| -0.51% | Mar 20, 2024 | 1 | Mar 21, 2024 | 2 | Mar 25, 2024 | 3 |