EVNT vs. FXH ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to First Trust Health Care AlphaDEX (FXH)

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

$10.67

Average Daily Volume

482

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXH

First Trust Health Care AlphaDEX

FXH Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Health Care Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$109.44

Average Daily Volume

32,011

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	FXH
30 Days	0.52%	1.11%
60 Days	0.81%	-2.43%
90 Days	2.10%	-3.23%
12 Months	7.44%	13.91%

2 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in FXH	Overlap
	AMED	F	3.17%	0.8%	0.8%
	RCM	F	1.19%	0.43%	0.43%

EVNT Overweight 42 Positions Relative to FXH

Symbol	Grade	Weight
HES	B	4.35%
CTLT	B	3.94%
HA	D	3.73%
HCP	B	3.69%
JNPR	F	3.35%
PETQ	D	3.29%
PRFT	D	3.16%
AXNX	C	2.98%
ANSS	B	2.82%
CHX	C	2.68%
MGRC	B	2.56%
SRCL	C	2.55%
X	C	1.88%
CCI	D	1.78%
INST	C	1.77%
K	A	1.74%
MRO	B	1.54%
ENV	B	1.51%
EDR	A	1.48%
SILK	F	1.46%
ESGR	B	1.4%
VZIO	A	1.21%
DIS	B	1.07%
SQSP	F	0.98%
CHUY	D	0.96%
CPRI	F	0.92%
AURA	D	0.86%
PVH	C	0.85%
PARA	C	0.83%
CZR	F	0.81%
PACB	F	0.81%
VFC	C	0.78%
GTHX	D	0.77%
WBD	C	0.76%
RIVN	F	0.76%
SNOW	C	0.74%
EVRI	A	0.7%
BE	B	0.51%
ACI	C	0.42%
CLSD	F	0.33%
WSC	D	-0.9%
SNPS	B	-1.24%

EVNT Underweight 75 Positions Relative to FXH

Symbol	Grade	Weight
DOCS	C	-2.73%
NTRA	B	-2.72%
PINC	B	-2.6%
PODD	C	-2.56%
JAZZ	B	-2.55%
UTHR	C	-2.46%
EXEL	B	-2.31%
ROIV	C	-2.3%
THC	D	-2.23%
RMD	C	-2.16%
DVA	B	-2.15%
ALNY	D	-2.14%
UHS	D	-2.0%
RARE	D	-1.96%
HCA	F	-1.94%
CAH	B	-1.88%
ISRG	A	-1.87%
VTRS	A	-1.86%
CNC	D	-1.78%
UNH	C	-1.74%
ZBH	C	-1.73%
DGX	A	-1.73%
CRL	C	-1.71%
ITCI	C	-1.64%
INCY	C	-1.61%
CI	F	-1.6%
RPRX	D	-1.55%
HUM	C	-1.53%
MOH	F	-1.52%
GEHC	F	-1.51%
BIIB	F	-1.46%
ENOV	C	-1.45%
EHC	B	-1.43%
PRGO	B	-1.41%
OGN	D	-1.37%
EW	C	-1.37%
ELV	F	-1.34%
MDT	D	-1.31%
HOLX	D	-1.3%
CHE	D	-1.28%
JNJ	D	-1.28%
HSIC	B	-1.25%
LLY	F	-1.22%
INSP	D	-1.12%
REGN	F	-1.02%
EXAS	D	-1.02%
WST	C	-0.96%
SYK	C	-0.91%
LH	C	-0.91%
WAT	B	-0.9%
VRTX	F	-0.89%
ABT	B	-0.86%
BDX	F	-0.81%
AMGN	D	-0.79%
ZTS	D	-0.77%
A	D	-0.75%
ABBV	D	-0.74%
TMO	F	-0.74%
IQV	D	-0.73%
BRKR	D	-0.68%
TFX	F	-0.66%
MASI	A	-0.51%
PEN	B	-0.51%
VEEV	C	-0.47%
MEDP	D	-0.43%
BMRN	D	-0.4%
TECH	D	-0.39%
RVTY	F	-0.39%
STE	F	-0.39%
DHR	F	-0.37%
ALGN	D	-0.37%
BAX	D	-0.36%
AVTR	F	-0.35%
XRAY	F	-0.28%
TXG	F	-0.27%