EVNT vs. PSCI ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)

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

$9.95

Average Daily Volume

740

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials 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 industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Index is a subset of the S&P SmallCap 600Â® 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

$118.46

Average Daily Volume

5,422

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	PSCI
30 Days	0.73%	-4.03%
60 Days	0.78%	-3.09%
90 Days	-0.22%	-5.07%
12 Months	4.59%	17.78%

0 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in PSCI	Overlap

EVNT Overweight 39 Positions Relative to PSCI

Symbol	Grade	Weight
HES	D	4.67%
PXD	B	4.56%
OLK	A	4.07%
ANSS	C	2.97%
CERE	C	2.67%
AXNX	B	2.5%
JNPR	B	2.5%
MDC	A	2.5%
SIMO	B	2.02%
MGRC	D	2.02%
X	C	1.94%
VFC	D	1.86%
CCI	D	1.78%
TGNA	D	1.76%
BA	C	1.71%
AMED	A	1.49%
PARA	C	1.35%
CZR	C	1.25%
EVBG	B	1.24%
CPRI	D	1.2%
SATS	B	1.16%
RIVN	C	1.09%
AURA	F	1.09%
RAMP	C	1.05%
DOOR	A	1.01%
CTLT	B	0.96%
PACB	F	0.94%
BE	D	0.89%
PNM	D	0.85%
INTC	C	0.82%
VZIO	B	0.73%
DIS	D	0.66%
WBD	F	0.63%
PINS	B	0.5%
SNOW	D	0.45%
ZLAB	F	0.43%
APA	F	0.21%
WSC	F	-0.77%
SNPS	B	-1.53%

EVNT Underweight 91 Positions Relative to PSCI

Symbol	Grade	Weight
RHI	F	-3.15%
MLI	C	-3.06%
AVAV	D	-2.6%
ALK	F	-2.49%
FSS	D	-2.46%
AL	C	-2.39%
AWI	D	-2.37%
DY	B	-2.34%
MOG.A	C	-2.32%
BCC	F	-2.25%
WIRE	A	-2.21%
VRRM	B	-2.21%
MATX	B	-2.13%
ACA	D	-1.94%
FELE	D	-1.83%
KFY	B	-1.67%
SKYW	B	-1.57%
ABM	B	-1.55%
GMS	D	-1.53%
JBT	F	-1.46%
NPO	D	-1.45%
RXO	B	-1.43%
BRC	B	-1.43%
HI	F	-1.39%
REZI	D	-1.37%
RUN	F	-1.36%
ESE	D	-1.31%
GVA	B	-1.31%
HUBG	C	-1.29%
UNF	B	-1.28%
AIN	D	-1.27%
RUSHA	F	-1.27%
ARCB	D	-1.2%
TRN	D	-1.17%
AIR	B	-1.16%
GFF	D	-1.15%
AZZ	D	-1.12%
MYRG	F	-1.1%
WERN	F	-1.09%
B	B	-1.02%
HNI	C	-1.01%
EPAC	B	-1.0%
ROCK	D	-0.99%
JBLU	C	-0.94%
MLKN	D	-0.91%
SXI	D	-0.91%
TNC	D	-0.9%
KMT	F	-0.89%
KAR	C	-0.86%
GEO	B	-0.85%
ALG	F	-0.85%
VSTS	F	-0.77%
GBX	D	-0.74%
HAYW	F	-0.74%
DNOW	D	-0.7%
MRCY	D	-0.69%
CXW	D	-0.65%
POWL	D	-0.65%
APOG	D	-0.63%
AMWD	F	-0.6%
LNN	D	-0.6%
NVEE	F	-0.57%
TGI	B	-0.56%
CSGS	F	-0.56%
MRTN	C	-0.51%
DLX	D	-0.47%
WNC	F	-0.46%
NX	F	-0.45%
TILE	D	-0.41%
MATW	F	-0.38%
PRLB	D	-0.37%
HCSG	D	-0.37%
PBI	A	-0.37%
VICR	F	-0.36%
ALGT	F	-0.35%
VVI	D	-0.34%
NVRI	C	-0.33%
KELYA	D	-0.33%
ASTE	F	-0.32%
HSII	D	-0.31%
FWRD	D	-0.3%
IIIN	F	-0.29%
DXPE	D	-0.29%
HTLD	C	-0.27%
HTZ	F	-0.22%
SNCY	C	-0.22%
LQDT	B	-0.21%
DDD	F	-0.2%
NPK	D	-0.19%
TWI	F	-0.17%
SPWR	F	-0.11%