EVNT vs. PSCE ETF Comparison
Comparison of AltShares Event-Driven ETF (EVNT) to PowerShares S&P SmallCap Energy Portfolio (PSCE)
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
$10.58
Average Daily Volume
424
41
PSCE
PowerShares S&P SmallCap Energy Portfolio
PSCE Description
The PowerShares S&P SmallCap Energy Portfolio (Fund) is based on the S&P SmallCap 600® Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$49.96
Average Daily Volume
40,521
26
Performance
Period | EVNT | PSCE |
---|---|---|
30 Days | 1.05% | -4.75% |
60 Days | 2.99% | -1.98% |
90 Days | 6.46% | -5.95% |
12 Months | 10.18% | -7.56% |
0 Overlapping Holdings
Symbol | Grade | Weight in EVNT | Weight in PSCE | Overlap |
---|
EVNT Overweight 41 Positions Relative to PSCE
Symbol | Grade | Weight | |
---|---|---|---|
HES | D | 5.01% | |
OLK | D | 4.42% | |
MCS | B | 4.38% | |
CHX | F | 3.62% | |
CERE | C | 3.17% | |
JNPR | C | 3.17% | |
CTLT | B | 2.99% | |
AXNX | A | 2.98% | |
ANSS | D | 2.87% | |
MGRC | D | 2.66% | |
HCP | B | 2.61% | |
BA | F | 2.56% | |
CZR | C | 2.1% | |
PRFT | A | 2.07% | |
X | F | 1.96% | |
PVH | F | 1.87% | |
CCI | A | 1.69% | |
FL | F | 1.69% | |
VFC | B | 1.56% | |
SIMO | F | 1.45% | |
TGNA | B | 1.32% | |
INTC | D | 1.29% | |
WIRE | B | 1.28% | |
RAMP | F | 1.22% | |
VZIO | B | 1.2% | |
PARA | F | 1.06% | |
DIS | D | 1.04% | |
AMED | D | 1.01% | |
AURA | D | 0.98% | |
SQSP | A | 0.98% | |
CPRI | C | 0.91% | |
PNM | B | 0.9% | |
PACB | F | 0.6% | |
WBD | D | 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 26 Positions Relative to PSCE
Symbol | Grade | Weight | |
---|---|---|---|
MGY | C | -7.92% | |
SM | F | -7.72% | |
WHD | B | -6.69% | |
CRC | B | -5.96% | |
TDW | F | -5.94% | |
NOG | D | -5.93% | |
OII | D | -4.7% | |
HP | F | -4.58% | |
AROC | C | -4.53% | |
LBRT | F | -4.51% | |
PTEN | F | -4.46% | |
BTU | B | -4.41% | |
CEIX | B | -4.15% | |
HLX | D | -2.65% | |
TALO | F | -2.57% | |
LPG | F | -2.26% | |
PARR | F | -1.92% | |
CRK | C | -1.85% | |
VTOL | D | -1.64% | |
CLB | D | -1.63% | |
GPRE | F | -1.51% | |
CVI | F | -1.45% | |
REX | D | -1.29% | |
PUMP | F | -1.21% | |
NBR | F | -1.15% | |
RES | D | -1.01% |
EVNT: Top Represented Industries & Keywords
PSCE: Top Represented Industries & Keywords