EVNT vs. ARB ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to AltShares Merger Arbitrage ETF (ARB)
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

$10.62

Average Daily Volume

290

Number of Holdings *

44

* may have additional holdings in another (foreign) market
ARB

AltShares Merger Arbitrage ETF

ARB Description AltShares Trust - AltShares Merger Arbitrage ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund employs long/short strategy and uses derivatives such as futures, forwards, swaps to create its portfolio. AltShares Trust - AltShares Merger Arbitrage ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.95

Average Daily Volume

8,778

Number of Holdings *

44

* may have additional holdings in another (foreign) market
Performance
Period EVNT ARB
30 Days 0.28% 0.67%
60 Days 1.38% 1.19%
90 Days 3.32% 2.09%
12 Months 12.00% 6.56%
24 Overlapping Holdings
Symbol Grade Weight in EVNT Weight in ARB Overlap
ANSS C 2.82% 2.57% 2.57%
AXNX A 2.98% 1.81% 1.81%
CHUY B 0.96% 1.13% 0.96%
CHX F 2.68% 2.19% 2.19%
CTLT D 3.94% 2.72% 2.72%
ENV A 1.51% 2.17% 1.51%
EVRI A 0.7% 2.13% 0.7%
GTHX A 0.77% 1.72% 0.77%
HA A 3.73% 2.02% 2.02%
HCP A 3.69% 2.72% 2.72%
HES B 4.35% 1.95% 1.95%
INST A 1.77% 1.79% 1.77%
JNPR A 3.35% 2.66% 2.66%
K A 1.74% 2.67% 1.74%
MGRC A 2.56% 1.07% 1.07%
MRO C 1.54% 2.76% 1.54%
PETQ A 3.29% 2.14% 2.14%
PRFT A 3.16% 1.81% 1.81%
RCM A 1.19% 2.73% 1.19%
SILK A 1.46% 2.16% 1.46%
SRCL A 2.55% 0.5% 0.5%
SRCL A 2.55% 2.19% 2.19%
VZIO C 1.21% 1.78% 1.21%
X C 1.88% 1.85% 1.85%
EVNT Overweight 21 Positions Relative to ARB
Symbol Grade Weight
AMED C 3.17%
CCI D 1.78%
EDR A 1.48%
ESGR C 1.4%
DIS C 1.07%
SQSP A 0.98%
CPRI F 0.92%
AURA B 0.86%
PVH C 0.85%
PARA C 0.83%
CZR D 0.81%
PACB C 0.81%
VFC A 0.78%
WBD C 0.76%
RIVN F 0.76%
SNOW C 0.74%
BE D 0.51%
ACI C 0.42%
CLSD F 0.33%
WSC F -0.9%
SNPS B -1.24%
EVNT Underweight 20 Positions Relative to ARB
Symbol Grade Weight
SPR C -2.68%
INFN B -2.27%
RVNC C -2.07%
DFS A -1.9%
DO D -1.83%
ALE A -1.81%
PWSC C -1.81%
AMK B -1.78%
SRDX D -1.4%
FBMS B -1.16%
HTLF A -1.15%
BALY A -1.14%
TWKS A -1.11%
ITI A -1.07%
SWN C -0.94%
CALT C -0.58%
AAN B -0.56%
CNSL A -0.54%
AGS A -0.53%
HAYN A -0.53%
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