BOAT vs. EVNT ETF Comparison
Comparison of SonicShares Global Shipping ETF (BOAT) to AltShares Event-Driven ETF (EVNT)
BOAT
SonicShares Global Shipping ETF
BOAT Description
The investment seeks to track the performance, before fees and expenses, of the Solactive Global Shipping Index. The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Under normal circumstances, at least 80% of the fund?s net assets, plus borrowings for investment purposes, will be invested in Global Shipping Companies. It also may invest in securities or other investments not included in the index, but which the fund?s investment adviser believes will help it track the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$36.61
Average Daily Volume
25,800
24
EVNT
AltShares Event-Driven ETF
EVNT Description
AltShares Event-Driven ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. The fund invests in the public equity and fixed income markets across the globe. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. The fund invests in fixed income securities with varying maturities. AltShares Event-Driven ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$9.95
Average Daily Volume
740
39
Performance
| Period | BOAT | EVNT |
|---|---|---|
| 30 Days | -3.00% | 0.73% |
| 60 Days | 11.63% | 0.78% |
| 90 Days | 22.21% | -0.22% |
| 12 Months | 48.75% | 4.59% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BOAT | Weight in EVNT | Overlap |
|---|
BOAT Overweight 24 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| MATX | B | 4.34% | |
| STNG | B | 4.29% | |
| SBLK | D | 3.95% | |
| INSW | C | 3.91% | |
| GOGL | D | 2.45% | |
| ZIM | B | 2.27% | |
| BWLP | D | 2.25% | |
| TNK | C | 1.81% | |
| CMRE | C | 1.7% | |
| SFL | C | 1.66% | |
| DHT | D | 1.65% | |
| DAC | C | 1.55% | |
| LPG | C | 1.47% | |
| ECO | D | 1.36% | |
| FLNG | C | 1.31% | |
| NVGS | B | 1.11% | |
| GSL | C | 0.88% | |
| ASC | C | 0.82% | |
| GNK | D | 0.79% | |
| NAT | D | 0.75% | |
| SB | C | 0.57% | |
| PANL | C | 0.32% | |
| DSX | D | 0.3% | |
| ESEA | B | 0.22% |
BOAT Underweight 39 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | D | -4.67% | |
| PXD | B | -4.56% | |
| OLK | A | -4.07% | |
| ANSS | C | -2.97% | |
| CERE | C | -2.67% | |
| AXNX | B | -2.5% | |
| JNPR | B | -2.5% | |
| MDC | A | -2.5% | |
| SIMO | B | -2.02% | |
| MGRC | D | -2.02% | |
| X | C | -1.94% | |
| VFC | D | -1.86% | |
| CCI | D | -1.78% | |
| TGNA | D | -1.76% | |
| BA | C | -1.71% | |
| AMED | A | -1.49% | |
| PARA | C | -1.35% | |
| CZR | C | -1.25% | |
| EVBG | B | -1.24% | |
| CPRI | D | -1.2% | |
| SATS | B | -1.16% | |
| RIVN | C | -1.09% | |
| AURA | F | -1.09% | |
| RAMP | C | -1.05% | |
| DOOR | A | -1.01% | |
| CTLT | B | -0.96% | |
| PACB | F | -0.94% | |
| BE | D | -0.89% | |
| PNM | D | -0.85% | |
| INTC | C | -0.82% | |
| VZIO | B | -0.73% | |
| DIS | D | -0.66% | |
| WBD | F | -0.63% | |
| PINS | B | -0.5% | |
| SNOW | D | -0.45% | |
| ZLAB | F | -0.43% | |
| APA | F | -0.21% | |
| WSC | F | --0.77% | |
| SNPS | B | --1.53% |
BOAT: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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