ARB vs NTRL
AltShares Merger Arbitrage ETF compared with First Trust Equity Market Neutral ETF on yield, payout growth, payment schedule, cost and risk.
ARB
AltShares Merger Arbitrage ETF
TTM yield · Irregular
NTRL
First Trust Equity Market Neutral ETF
TTM yield · Quarterly
Quick take
- NTRL yields more today: 2.51% vs 0.42% (forward).
- NTRL has grown its payout faster: -31.4%/yr vs -59.2%/yr over the last 1 year.
- Over the last year NTRL delivered the higher total return: +5.0% vs +4.1% (price change plus payouts).
- ARB is cheaper to own: 0.82% vs 0.95% expense ratio.
- NTRL has the steadier distribution: consistency 57/100 vs 35/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | ARB | NTRL |
|---|---|---|
| Share price | $30.06 | $21.19 |
| TTM yield | 0.42% | 0.63% |
| Forward yield | — | 2.51% |
| Annual payout per share | $0.126 | $0.532 |
| Payment frequency | Irregular | Quarterly |
| Next ex-date | — | Dec 11, 2026 (est.) |
| Expense ratio | 0.82% | 0.95% |
| 1-year payout growth | -59.2% | -31.4% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 35/100 | 57/100 |
| 1-year total return | +4.1% | +5.0% |
| 1-year price return | +3.7% | +4.4% |
| Size (market cap / AUM) | 103.0M | 14.2M |
| Years paying | 5.9 | 3.8 |
| Sector / category | Event Driven | Event Driven |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| ARB | NTRL | |
|---|---|---|
| Shares | 332.7 | 472.0 |
| Income per year | $42 | $251 |
| Income per month (avg) | $3 | $21 |
At forward yields, before taxes. Model ARB · Model NTRL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| ARB: no schedule to project | |||
| NTRL Dec 11, 2026 | Dec 25, 2026 | $0.133 | Est. |
| NTRL Mar 12, 2027 | Mar 26, 2027 | $0.133 | Est. |
| NTRL Jun 11, 2027 | Jun 25, 2027 | $0.133 | Est. |
Annual payouts per share
ARBNTRL
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, ARB or NTRL?
NTRL currently has the higher trailing yield: ARB yields 0.42% and NTRL yields 0.63%. Yield changes daily with price, so check the live figures above.
Which has grown its dividend faster, ARB or NTRL?
NTRL has grown its payout faster: -31.4%/yr vs -59.2%/yr over the last 1 year.
Is ARB or NTRL better for income?
It depends on what you are optimising for. ARB and NTRL differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.