EVNT vs. HIBL ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL)

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

$10.63

Average Daily Volume

320

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HIBL

Direxion Daily S&P 500 High Beta Bull 3X Shares

HIBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500Â® High Beta Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index provider selects 100 securities to include in the index from the S&P 500Â® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.79

Average Daily Volume

66,205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	HIBL
30 Days	-0.41%	-5.17%
60 Days	0.58%	4.01%
90 Days	2.03%	7.08%
12 Months	8.58%	52.57%

4 Overlapping Holdings

Symbol	Grade	Weight in EVNT	Weight in HIBL	Overlap
ANSS	B	2.82%	0.61%	0.61%
CZR	F	0.81%	0.91%	0.81%
SNPS	C	-1.24%	0.81%	-1.24%
WBD	B	0.76%	0.59%	0.59%

EVNT Overweight 40 Positions Relative to HIBL

Symbol	Grade	Weight
HES	B	4.35%
CTLT	D	3.94%
HA	A	3.73%
HCP	B	3.69%
JNPR	D	3.35%
PETQ	A	3.29%
AMED	F	3.17%
PRFT	B	3.16%
AXNX	A	2.98%
CHX	C	2.68%
MGRC	B	2.56%
SRCL	B	2.55%
X	C	1.88%
CCI	C	1.78%
INST	B	1.77%
K	B	1.74%
MRO	A	1.54%
ENV	B	1.51%
EDR	A	1.48%
SILK	A	1.46%
ESGR	B	1.4%
VZIO	A	1.21%
RCM	A	1.19%
DIS	B	1.07%
SQSP	A	0.98%
CHUY	B	0.96%
CPRI	F	0.92%
AURA	C	0.86%
PVH	C	0.85%
PARA	D	0.83%
PACB	D	0.81%
VFC	C	0.78%
GTHX	A	0.77%
RIVN	F	0.76%
SNOW	C	0.74%
EVRI	A	0.7%
BE	A	0.51%
ACI	C	0.42%
CLSD	F	0.33%
WSC	F	-0.9%

EVNT Underweight 93 Positions Relative to HIBL

Symbol	Grade	Weight
NVDA	A	-1.51%
TSLA	A	-1.46%
NCLH	B	-1.22%
CCL	A	-1.19%
AVGO	C	-1.16%
CRWD	B	-1.15%
AMD	F	-1.13%
UAL	A	-1.1%
ALB	B	-1.09%
VST	A	-1.03%
ANET	C	-1.0%
GNRC	B	-1.0%
BLDR	D	-0.98%
URI	B	-0.92%
MU	D	-0.91%
RCL	A	-0.91%
AMAT	F	-0.88%
LRCX	F	-0.88%
MPWR	F	-0.88%
META	C	-0.88%
ON	F	-0.87%
BX	A	-0.87%
DAY	B	-0.86%
TER	F	-0.86%
ORCL	A	-0.85%
KKR	A	-0.85%
PWR	A	-0.84%
CDNS	B	-0.83%
CRM	B	-0.82%
JBL	C	-0.81%
NOW	B	-0.81%
KLAC	F	-0.8%
ETN	B	-0.78%
PYPL	B	-0.77%
PODD	B	-0.77%
AMZN	B	-0.77%
ADSK	B	-0.76%
QCOM	F	-0.76%
WDC	F	-0.75%
PANW	B	-0.75%
FICO	B	-0.73%
ABNB	D	-0.73%
CEG	C	-0.73%
ALGN	D	-0.73%
HUBB	B	-0.72%
BXP	D	-0.72%
BKNG	A	-0.72%
NXPI	F	-0.71%
PH	B	-0.71%
LW	C	-0.71%
ZBRA	B	-0.71%
SMCI	F	-0.7%
INTC	C	-0.69%
CARR	D	-0.69%
KEYS	C	-0.69%
UBER	F	-0.68%
MCHP	F	-0.68%
LULU	C	-0.67%
INTU	B	-0.66%
KEY	B	-0.66%
DECK	A	-0.66%
ISRG	A	-0.64%
GOOG	B	-0.63%
ADI	D	-0.63%
CRL	D	-0.61%
APH	B	-0.6%
ROK	B	-0.6%
PHM	D	-0.6%
FCX	F	-0.59%
TROW	B	-0.58%
EPAM	C	-0.58%
IVZ	C	-0.58%
RMD	C	-0.58%
SWKS	F	-0.57%
TXN	C	-0.57%
GE	D	-0.57%
ADBE	D	-0.57%
KMX	C	-0.56%
CPRT	B	-0.56%
MHK	D	-0.55%
FSLR	F	-0.55%
ARE	F	-0.54%
MLM	B	-0.54%
LEN	D	-0.53%
MGM	D	-0.53%
EFX	F	-0.53%
DHI	D	-0.5%
IDXX	F	-0.49%
ENPH	F	-0.47%
IQV	F	-0.47%
APTV	F	-0.43%
AES	F	-0.42%
QRVO	F	-0.41%