EVNT vs. FYC ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to First Trust Small Cap Growth AlphaDEX Fund (FYC)

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

$10.59

Average Daily Volume

405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FYC

First Trust Small Cap Growth AlphaDEX Fund

FYC 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 Defined Small Cap Growth 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 S&P to objectively identify and select stocks from the S&P SmallCap 600(R) Growth Index 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

$73.05

Average Daily Volume

22,888

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	FYC
30 Days	1.09%	1.08%
60 Days	3.03%	8.55%
90 Days	6.51%	11.78%
12 Months	10.77%	34.90%

1 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in FYC	Overlap
	RAMP	F	1.22%	0.18%	0.18%

EVNT Overweight 40 Positions Relative to FYC

Symbol	Grade	Weight
HES	D	5.01%
OLK	A	4.42%
MCS	A	4.38%
CHX	D	3.62%
CERE	A	3.17%
JNPR	B	3.17%
CTLT	A	2.99%
AXNX	A	2.98%
ANSS	D	2.87%
MGRC	D	2.66%
HCP	B	2.61%
BA	F	2.56%
CZR	B	2.1%
PRFT	A	2.07%
X	F	1.96%
PVH	F	1.87%
CCI	C	1.69%
FL	F	1.69%
VFC	B	1.56%
SIMO	F	1.45%
TGNA	B	1.32%
INTC	D	1.29%
WIRE	A	1.28%
VZIO	A	1.2%
PARA	F	1.06%
DIS	D	1.04%
AMED	D	1.01%
AURA	C	0.98%
SQSP	A	0.98%
CPRI	B	0.91%
PNM	B	0.9%
PACB	F	0.6%
WBD	D	0.6%
RIVN	F	0.49%
ACI	F	0.46%
ZLAB	B	0.41%
SNOW	F	0.33%
LVTX	F	0.05%
WSC	D	-0.95%
SNPS	F	-1.38%

EVNT Underweight 240 Positions Relative to FYC

Symbol	Grade	Weight
SMMT	D	-1.21%
ADMA	C	-0.98%
ZETA	B	-0.95%
SATS	C	-0.89%
POWL	A	-0.86%
ALHC	B	-0.83%
CRS	C	-0.82%
IESC	B	-0.81%
HWKN	A	-0.78%
PI	B	-0.77%
OSCR	C	-0.75%
PRCT	C	-0.74%
QTWO	C	-0.74%
USLM	C	-0.74%
PTGX	C	-0.73%
CNK	C	-0.73%
ACIW	B	-0.72%
GVA	A	-0.72%
ROAD	C	-0.71%
PJT	C	-0.7%
SMTC	C	-0.7%
STRL	B	-0.69%
SGBX	F	-0.68%
RDNT	C	-0.67%
SPNT	D	-0.67%
LRN	C	-0.67%
TDS	B	-0.66%
DY	C	-0.65%
TRN	C	-0.65%
FTDR	C	-0.65%
MIRM	D	-0.64%
WHD	B	-0.63%
TBBK	C	-0.63%
CSWI	B	-0.63%
ALKT	D	-0.62%
ATGE	D	-0.62%
OSW	C	-0.61%
GERN	D	-0.61%
CORT	B	-0.61%
ITRI	C	-0.61%
TMDX	D	-0.6%
AGIO	D	-0.6%
AZZ	C	-0.6%
CEIX	B	-0.58%
SKYW	B	-0.58%
AMRX	B	-0.58%
AROC	B	-0.57%
SLG	C	-0.56%
UFPT	D	-0.56%
PTCT	C	-0.56%
KRYS	D	-0.55%
BKD	D	-0.55%
IDCC	A	-0.55%
NHI	C	-0.55%
COLL	B	-0.54%
KYMR	D	-0.54%
KTOS	A	-0.53%
PLMR	C	-0.53%
TWST	D	-0.53%
BRC	C	-0.52%
ICFI	C	-0.51%
ARDX	D	-0.51%
HLX	D	-0.51%
SKWD	B	-0.51%
EPAC	C	-0.5%
HURN	D	-0.5%
MBIN	D	-0.5%
HIMS	B	-0.5%
LAUR	C	-0.5%
LMAT	B	-0.5%
MYGN	D	-0.49%
GFF	C	-0.49%
TNDM	D	-0.48%
GRBK	C	-0.48%
TPG	B	-0.47%
TNL	B	-0.47%
AGYS	D	-0.47%
PMT	C	-0.47%
JWN	D	-0.47%
SPR	D	-0.46%
RXST	F	-0.46%
GBX	C	-0.46%
TGLS	A	-0.46%
BOWL	F	-0.46%
RKLB	B	-0.46%
VERX	A	-0.46%
SCS	D	-0.46%
CRDO	B	-0.45%
CAL	F	-0.45%
WRBY	C	-0.45%
FLNC	C	-0.44%
AKR	C	-0.43%
RYTM	C	-0.42%
CPRX	C	-0.42%
CMPR	F	-0.42%
DSGR	C	-0.42%
PRGS	B	-0.41%
CBZ	F	-0.41%
SYBT	D	-0.41%
BCRX	D	-0.41%
IIPR	C	-0.41%
INSW	B	-0.4%
BANF	D	-0.4%
SBRA	C	-0.4%
HASI	C	-0.39%
SHAK	C	-0.39%
ESRT	C	-0.39%
YOU	C	-0.39%
CDRE	B	-0.38%
LPG	F	-0.38%
CARG	C	-0.38%
UE	C	-0.38%
NSA	C	-0.38%
CARS	F	-0.38%
MRUS	D	-0.37%
CHCO	D	-0.37%
GIII	C	-0.37%
PAR	D	-0.37%
ACVA	C	-0.37%
NSSC	F	-0.36%
AESI	B	-0.36%
KNTK	B	-0.36%
ALX	C	-0.36%
FORM	F	-0.35%
DOCS	A	-0.35%
LKFN	F	-0.35%
JJSF	B	-0.35%
OSIS	B	-0.35%
SWI	C	-0.35%
BROS	F	-0.35%
GPOR	B	-0.34%
WABC	F	-0.34%
AGM	F	-0.34%
MIR	B	-0.34%
MGNI	D	-0.34%
VECO	F	-0.33%
TNC	F	-0.33%
PK	D	-0.33%
ENV	C	-0.33%
SABR	B	-0.32%
GBDC	B	-0.32%
VGR	B	-0.32%
SITM	B	-0.32%
DFH	C	-0.32%
THR	F	-0.32%
ANIP	F	-0.31%
IOSP	F	-0.31%
SMG	A	-0.3%
OUT	C	-0.29%
PDFS	F	-0.29%
HRMY	D	-0.29%
TGI	F	-0.28%
SKT	A	-0.28%
ESE	B	-0.28%
CTRE	B	-0.28%
FA	A	-0.28%
ENVX	D	-0.28%
NABL	F	-0.28%
JBI	F	-0.27%
SXI	C	-0.26%
CRNX	C	-0.26%
IVT	C	-0.26%
GH	F	-0.26%
GIC	D	-0.25%
HEES	D	-0.25%
AIV	C	-0.25%
EXTR	C	-0.25%
PRVA	F	-0.24%
LADR	D	-0.24%
DRH	C	-0.24%
LTC	D	-0.24%
JOE	D	-0.24%
RRR	D	-0.23%
SHO	D	-0.23%
FOR	D	-0.23%
TR	D	-0.23%
ETWO	F	-0.22%
MLNK	F	-0.22%
PEB	D	-0.22%
NOVA	D	-0.21%
VCEL	F	-0.21%
YELP	D	-0.21%
ALRM	F	-0.2%
BE	F	-0.2%
ZUO	F	-0.2%
FWRG	F	-0.2%
CLDX	F	-0.2%
AMC	F	-0.2%
TRIP	F	-0.19%
AGL	F	-0.19%
XMTR	D	-0.18%
PD	F	-0.18%
MYRG	F	-0.17%
VCYT	C	-0.17%
RUN	D	-0.17%
TGTX	C	-0.15%
CWAN	C	-0.15%
RKT	C	-0.15%
MGEE	C	-0.14%
DNLI	C	-0.14%
CLSK	F	-0.14%
INTA	C	-0.14%
IAS	F	-0.13%
AWR	A	-0.13%
KW	B	-0.13%
BANC	D	-0.13%
DOCN	C	-0.13%
AMWD	B	-0.13%
FCPT	C	-0.13%
UMH	C	-0.13%
MTRN	F	-0.12%
NEO	F	-0.12%
ALG	D	-0.12%
DBRG	D	-0.12%
UEC	B	-0.12%
JAMF	F	-0.12%
PLYM	D	-0.12%
BEAM	F	-0.12%
PHR	F	-0.12%
CNMD	D	-0.12%
WINA	D	-0.12%
RNG	F	-0.12%
DRVN	B	-0.12%
CTKB	F	-0.11%
GTX	F	-0.11%
UPWK	D	-0.11%
PLAB	D	-0.11%
RES	D	-0.11%
EVTC	D	-0.11%
ROCK	D	-0.11%
NTST	D	-0.11%
LMND	F	-0.11%
NARI	F	-0.1%
WNC	F	-0.1%
VC	F	-0.1%
MCW	F	-0.1%
CXM	F	-0.09%
AI	F	-0.09%
BASE	F	-0.09%
PLAY	D	-0.09%