EVNT vs. NIXT ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to Research Affiliates Deletions ETF (NIXT)

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

NIXT

Research Affiliates Deletions ETF

NIXT Description

The index consists of U.S. equity securities of micro-, small- and mid- capitalization companies that are believed to be value stocks. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in U.S. equity securities of micro-, small- and mid- companies.

Grade (RS Rating)

Last Trade

$27.29

Average Daily Volume

41,419

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	NIXT
30 Days	0.52%	5.30%
60 Days	0.81%	4.25%
90 Days	2.10%
12 Months	7.44%

5 Overlapping Holdings

Symbol	Grade	Weight in EVNT	Weight in NIXT	Overlap
AMED	F	3.17%	0.6%	0.6%
CTLT	B	3.94%	0.65%	0.65%
PARA	C	0.83%	0.61%	0.61%
RIVN	F	0.76%	0.72%	0.72%
VFC	C	0.78%	0.99%	0.78%

EVNT Overweight 39 Positions Relative to NIXT

Symbol	Grade	Weight
HES	B	4.35%
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%
RCM	F	1.19%
DIS	B	1.07%
SQSP	F	0.98%
CHUY	D	0.96%
CPRI	F	0.92%
AURA	D	0.86%
PVH	C	0.85%
CZR	F	0.81%
PACB	F	0.81%
GTHX	D	0.77%
WBD	C	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 132 Positions Relative to NIXT

Symbol	Grade	Weight
LUMN	C	-4.72%
TDS	B	-1.23%
LBRDK	C	-1.21%
LITE	B	-1.2%
DNLI	D	-1.18%
FTDR	A	-1.12%
SIRI	C	-1.12%
OMCL	C	-1.1%
AFRM	A	-1.09%
HBI	B	-1.06%
ACIW	B	-1.01%
VNO	B	-1.0%
BFH	B	-0.96%
SLG	B	-0.95%
CHRW	C	-0.95%
SNDR	B	-0.94%
GEN	B	-0.92%
BKU	A	-0.9%
UAA	C	-0.86%
MAC	B	-0.85%
CMA	A	-0.84%
SHC	F	-0.84%
LOPE	B	-0.81%
DEI	B	-0.81%
EQH	B	-0.8%
BIO	D	-0.8%
LNC	B	-0.8%
SMTC	B	-0.79%
MKTX	D	-0.79%
FHB	A	-0.79%
NRG	B	-0.78%
BXP	D	-0.78%
AMBA	B	-0.78%
SABR	C	-0.77%
FNF	B	-0.76%
PNW	B	-0.76%
RL	B	-0.76%
UHS	D	-0.75%
CCOI	B	-0.75%
REG	B	-0.75%
PNM	F	-0.75%
PAYC	B	-0.75%
MP	B	-0.75%
HIW	D	-0.75%
ELS	C	-0.74%
MSGS	A	-0.74%
TNL	A	-0.74%
RNG	B	-0.74%
JWN	C	-0.74%
FL	F	-0.73%
DBX	B	-0.73%
DXC	B	-0.72%
SGRY	F	-0.72%
TFSL	A	-0.72%
CRUS	D	-0.72%
YETI	C	-0.71%
OGS	A	-0.71%
KMX	B	-0.7%
OUT	A	-0.7%
NWL	B	-0.7%
MASI	A	-0.7%
VYX	B	-0.7%
ZD	B	-0.69%
SAM	C	-0.69%
JBLU	F	-0.68%
EPR	D	-0.68%
AVT	C	-0.67%
CNA	B	-0.67%
PINC	B	-0.67%
EMN	D	-0.66%
FRT	B	-0.66%
ALE	A	-0.66%
VIR	D	-0.66%
JKHY	D	-0.65%
GAP	B	-0.65%
EQC	B	-0.65%
APLE	B	-0.65%
NVST	B	-0.64%
HE	C	-0.63%
JBGS	D	-0.63%
HAS	D	-0.62%
MTCH	D	-0.61%
HAE	C	-0.61%
IAC	D	-0.61%
CAR	C	-0.61%
NEU	C	-0.6%
ASAN	C	-0.59%
CABO	C	-0.59%
ALLY	C	-0.59%
SPR	D	-0.59%
HLF	C	-0.58%
HST	C	-0.58%
ARWR	F	-0.58%
VAC	B	-0.58%
TFX	F	-0.57%
FMC	D	-0.57%
PK	B	-0.57%
NGVT	B	-0.55%
HP	B	-0.55%
NOMD	D	-0.55%
AZTA	D	-0.54%
RAMP	C	-0.54%
NOV	C	-0.54%
IART	C	-0.52%
BMBL	D	-0.52%
LCID	F	-0.51%
ENOV	C	-0.51%
MOS	F	-0.5%
ZI	D	-0.5%
PLUG	F	-0.5%
HTZ	C	-0.49%
CBRL	C	-0.48%
ACLS	F	-0.48%
KSS	F	-0.47%
ETSY	D	-0.47%
NTLA	F	-0.47%
CRI	D	-0.46%
NSP	D	-0.45%
MQ	F	-0.45%
AEO	F	-0.45%
BBWI	D	-0.43%
HELE	C	-0.43%
MRVI	F	-0.42%
LEG	F	-0.4%
XRX	F	-0.4%
CVI	F	-0.37%
XRAY	F	-0.36%
QRVO	F	-0.34%
TRIP	F	-0.33%
SVC	F	-0.29%
SAGE	F	-0.25%
AGL	F	-0.21%