EVNT vs. IEO ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to iShares U.S. Oil & Gas Exploration & Production ETF (IEO)

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

IEO

iShares U.S. Oil & Gas Exploration & Production ETF

IEO Description

The investment seeks to track the investment results of an index composed of U.S. equities in the oil and gas exploration and production sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Oil Exploration & Production Index (the "underlying index"), which measures the performance of the oil exploration and production sub-sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.06

Average Daily Volume

86,400

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	IEO
30 Days	1.09%	6.49%
60 Days	3.03%	8.63%
90 Days	6.41%	0.29%
12 Months	10.77%	10.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in IEO	Overlap
	HES	D	5.01%	4.57%	4.57%

EVNT Overweight 39 Positions Relative to IEO

Symbol	Grade	Weight
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%
DIS	D	1.04%
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%
ZLAB	C	0.41%
SNOW	F	0.33%
LVTX	F	0.05%
WSC	D	-0.95%
SNPS	F	-1.38%

EVNT Underweight 46 Positions Relative to IEO

Symbol	Grade	Weight
COP	D	-18.74%
EOG	B	-10.73%
MPC	D	-8.44%
PSX	D	-6.63%
FANG	D	-4.59%
VLO	F	-4.42%
DVN	F	-4.21%
EQT	C	-3.88%
CTRA	D	-3.14%
TPL	A	-2.99%
MRO	B	-2.65%
OVV	D	-1.81%
CHK	C	-1.65%
APA	F	-1.62%
PR	D	-1.53%
AR	C	-1.5%
CHRD	F	-1.45%
SWN	D	-1.41%
RRC	D	-1.33%
DINO	F	-1.31%
MTDR	D	-1.02%
CNX	A	-0.85%
MUR	F	-0.85%
CIVI	F	-0.83%
MGY	B	-0.82%
VNOM	A	-0.81%
SM	D	-0.81%
CRC	B	-0.64%
NOG	D	-0.63%
PBF	F	-0.56%
GPOR	B	-0.34%
WKC	A	-0.33%
KOS	F	-0.33%
STR	D	-0.3%
CRGY	B	-0.3%
TALO	D	-0.23%
DK	F	-0.22%
SOC	C	-0.2%
PARR	F	-0.18%
CRK	B	-0.18%
TELL	B	-0.16%
GPRE	F	-0.16%
CVI	D	-0.14%
REX	D	-0.13%
VTLE	F	-0.13%
CLNE	C	-0.1%

IEO: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Chemicals Oil & Gas Midstream Real Estate - General Shell Companies Specialty Chemicals