ARB vs SPCK
AltShares Merger Arbitrage ETF compared with SPAC and New Issue ETF on yield, payout growth, payment schedule, cost and risk.
ARB
AltShares Merger Arbitrage ETF
TTM yield · Irregular
SPCK
SPAC and New Issue ETF
TTM yield · Annual
Quick take
- SPCK yields more today: 2.22% vs 0.42% (forward).
- SPCK has grown its payout faster: 198.2%/yr vs -59.2%/yr over the last 1 year.
- Over the last year ARB delivered the higher total return: +3.4% vs -9.3% (price change plus payouts).
- ARB is cheaper to own: 0.76% vs 2.32% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | ARB | SPCK |
|---|---|---|
| Share price | $29.80 | $21.85 |
| TTM yield | 0.42% | 2.22% |
| Forward yield | — | 2.22% |
| Annual payout per share | $0.126 | $0.486 |
| Payment frequency | Irregular | Annual |
| Next ex-date | — | Dec 22, 2026 (est.) |
| Expense ratio | 0.76% | 2.32% |
| 1-year payout growth | -59.2% | +198.2% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 35/100 | 36/100 |
| 1-year total return | +3.4% | -9.3% |
| 1-year price return | +3.0% | -11.3% |
| Size (market cap / AUM) | 102.5M | 8.6M |
| Years paying | 5.7 | 4.7 |
| 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 | SPCK | |
|---|---|---|
| Shares | 335.5 | 457.6 |
| Income per year | $42 | $222 |
| Income per month (avg) | $4 | $19 |
At forward yields, before taxes. Model ARB · Model SPCK
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| ARB: no schedule to project | |||
| SPCK Dec 22, 2026 | Dec 24, 2026 | $0.486 | Est. |
Annual payouts per share
ARBSPCK
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 SPCK?
SPCK currently has the higher trailing yield: ARB yields 0.42% and SPCK yields 2.22%. Yield changes daily with price, so check the live figures above.
Which has grown its dividend faster, ARB or SPCK?
SPCK has grown its payout faster: 198.2%/yr vs -59.2%/yr over the last 1 year.
Is ARB or SPCK better for income?
It depends on what you are optimising for. ARB and SPCK 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.