EVNT vs. FDWM ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to Fidelity Women's Leadership ETF (FDWM)

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

397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.20

Average Daily Volume

460

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	FDWM
30 Days	1.09%	4.17%
60 Days	3.03%	10.98%
90 Days	6.41%	3.94%
12 Months	10.77%	31.74%

2 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in FDWM	Overlap
	DIS	D	1.04%	1.95%	1.04%
	ZLAB	C	0.41%	0.25%	0.25%

EVNT Overweight 38 Positions Relative to FDWM

Symbol	Grade	Weight
HES	D	5.01%
OLK	A	4.42%
MCS	B	4.38%
CHX	C	3.62%
CERE	A	3.17%
JNPR	C	3.17%
CTLT	A	2.99%
AXNX	A	2.98%
ANSS	D	2.87%
MGRC	D	2.66%
HCP	A	2.61%
BA	F	2.56%
CZR	B	2.1%
PRFT	A	2.07%
X	F	1.96%
PVH	D	1.87%
CCI	D	1.69%
FL	F	1.69%
VFC	A	1.56%
SIMO	D	1.45%
TGNA	B	1.32%
INTC	D	1.29%
RAMP	F	1.22%
VZIO	A	1.2%
PARA	F	1.06%
AMED	D	1.01%
AURA	C	0.98%
SQSP	A	0.98%
CPRI	C	0.91%
PNM	B	0.9%
PACB	D	0.6%
WBD	F	0.6%
RIVN	F	0.49%
ACI	F	0.46%
SNOW	F	0.33%
LVTX	F	0.05%
WSC	D	-0.95%
SNPS	F	-1.38%

EVNT Underweight 99 Positions Relative to FDWM

Symbol	Grade	Weight
AMZN	C	-4.37%
AAPL	C	-4.14%
MSFT	D	-3.68%
NVDA	B	-3.24%
GOOG	B	-2.8%
ACN	B	-1.96%
HOLX	D	-1.82%
CI	D	-1.76%
CRM	B	-1.59%
JPM	C	-1.57%
PGR	B	-1.51%
ADBE	F	-1.46%
ANET	A	-1.32%
HIG	A	-1.31%
NXPI	F	-1.26%
CDW	D	-1.23%
CNC	F	-1.19%
BAC	B	-1.17%
HUBS	D	-1.17%
NEE	C	-1.16%
BKR	B	-1.15%
AMD	C	-1.08%
MA	A	-1.06%
C	B	-1.05%
MRVL	C	-1.04%
VTR	C	-1.02%
MMC	D	-0.97%
ELV	F	-0.97%
PODD	C	-0.95%
NVT	C	-0.95%
MU	D	-0.95%
INTU	F	-0.92%
TMHC	C	-0.91%
NDAQ	C	-0.91%
ALNY	C	-0.9%
WEX	C	-0.89%
FDX	F	-0.88%
FSLR	C	-0.88%
SWX	C	-0.87%
LDOS	A	-0.86%
DE	C	-0.85%
LOW	C	-0.85%
FSS	D	-0.82%
NSIT	B	-0.82%
PH	A	-0.8%
FIS	A	-0.78%
ETSY	F	-0.77%
UPS	D	-0.76%
HLT	A	-0.75%
ZTS	C	-0.74%
GM	D	-0.72%
ICLR	F	-0.72%
CBT	B	-0.72%
GEV	A	-0.7%
MRK	F	-0.7%
RRX	B	-0.7%
AR	C	-0.69%
CLX	C	-0.69%
HBAN	B	-0.68%
OTIS	A	-0.67%
OXY	D	-0.67%
BALL	C	-0.67%
SAIC	A	-0.66%
VRTX	D	-0.65%
GSK	F	-0.65%
RUN	D	-0.64%
OLED	B	-0.63%
SUM	F	-0.63%
WSM	C	-0.62%
NFLX	A	-0.61%
CE	D	-0.61%
SBUX	B	-0.61%
AMN	F	-0.59%
EMN	C	-0.59%
EL	D	-0.58%
USB	C	-0.57%
BBY	C	-0.57%
ETN	B	-0.56%
ATI	C	-0.54%
MRNA	F	-0.53%
WRBY	B	-0.53%
HSY	D	-0.53%
BG	F	-0.53%
MAN	D	-0.51%
EQT	C	-0.51%
MTN	D	-0.47%
ELF	F	-0.45%
TPR	B	-0.45%
ULTA	D	-0.44%
VLTO	A	-0.42%
EXAS	C	-0.42%
ARCB	F	-0.41%
PINS	D	-0.4%
PDFS	F	-0.34%
GAP	F	-0.27%
SEDG	F	-0.27%
RDUS	D	-0.25%
NKE	D	-0.24%
SAGE	F	-0.13%