EVNT vs. SMHB ETF Comparison
Comparison of AltShares Event-Driven ETF (EVNT) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)
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
$10.66
Average Daily Volume
322
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
SMHB
ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B
SMHB Description
The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.Grade (RS Rating)
Last Trade
$5.59
Average Daily Volume
36,219
Number of Holdings
*
90
* may have additional holdings in another (foreign) market
Performance
| Period | EVNT | SMHB |
|---|---|---|
| 30 Days | -0.06% | -9.92% |
| 60 Days | 1.22% | -8.78% |
| 90 Days | 2.44% | 1.97% |
| 12 Months | 9.10% | 9.65% |
0 Overlapping Holdings
| Symbol | Grade | Weight in EVNT | Weight in SMHB | Overlap |
|---|
EVNT Overweight 44 Positions Relative to SMHB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | 4.35% | |
| CTLT | D | 3.94% | |
| HA | A | 3.73% | |
| HCP | A | 3.69% | |
| JNPR | D | 3.35% | |
| PETQ | A | 3.29% | |
| AMED | F | 3.17% | |
| PRFT | A | 3.16% | |
| AXNX | A | 2.98% | |
| ANSS | B | 2.82% | |
| CHX | C | 2.68% | |
| MGRC | B | 2.56% | |
| SRCL | B | 2.55% | |
| X | D | 1.88% | |
| CCI | F | 1.78% | |
| INST | B | 1.77% | |
| K | A | 1.74% | |
| MRO | B | 1.54% | |
| ENV | B | 1.51% | |
| EDR | B | 1.48% | |
| SILK | A | 1.46% | |
| ESGR | B | 1.4% | |
| VZIO | D | 1.21% | |
| RCM | B | 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 | B | 0.83% | |
| CZR | F | 0.81% | |
| PACB | F | 0.81% | |
| VFC | C | 0.78% | |
| GTHX | A | 0.77% | |
| WBD | B | 0.76% | |
| RIVN | F | 0.76% | |
| SNOW | C | 0.74% | |
| EVRI | A | 0.7% | |
| BE | B | 0.51% | |
| ACI | C | 0.42% | |
| CLSD | F | 0.33% | |
| WSC | F | -0.9% | |
| SNPS | C | -1.24% |
EVNT Underweight 90 Positions Relative to SMHB
| Symbol | Grade | Weight | |
|---|---|---|---|
| SLG | C | -4.87% | |
| XRX | F | -4.09% | |
| DTM | A | -3.81% | |
| BXMT | D | -3.43% | |
| DSS | F | -2.87% | |
| TWO | F | -2.87% | |
| CIM | D | -2.62% | |
| BDN | D | -2.41% | |
| BGS | F | -2.41% | |
| SBRA | C | -2.38% | |
| EPR | D | -2.34% | |
| ABR | B | -2.21% | |
| APAM | B | -2.02% | |
| PAGP | C | -1.88% | |
| UNIT | C | -1.86% | |
| UWMC | F | -1.84% | |
| ARR | C | -1.65% | |
| NHI | D | -1.64% | |
| ORC | D | -1.51% | |
| CCOI | C | -1.51% | |
| PSEC | F | -1.47% | |
| IVR | D | -1.43% | |
| DEA | D | -1.35% | |
| PMT | D | -1.35% | |
| MFA | D | -1.27% | |
| RWT | D | -1.24% | |
| CTRE | C | -1.16% | |
| PETS | B | -1.13% | |
| MAIN | A | -1.09% | |
| HTGC | D | -1.03% | |
| ARI | C | -1.02% | |
| GNL | F | -1.01% | |
| FCPT | C | -1.0% | |
| EFC | C | -1.0% | |
| PDM | D | -0.99% | |
| GSBD | F | -0.94% | |
| NEWT | B | -0.94% | |
| NYMT | C | -0.93% | |
| LTC | B | -0.91% | |
| DX | B | -0.89% | |
| KREF | D | -0.8% | |
| VGR | B | -0.79% | |
| NWBI | B | -0.77% | |
| GBDC | B | -0.73% | |
| CODI | B | -0.72% | |
| VNOM | C | -0.65% | |
| SCS | B | -0.65% | |
| RC | D | -0.65% | |
| ACRE | B | -0.64% | |
| LADR | B | -0.62% | |
| TSLX | D | -0.62% | |
| HESM | C | -0.59% | |
| UVV | B | -0.54% | |
| OCSL | D | -0.54% | |
| AROC | B | -0.53% | |
| GMRE | F | -0.5% | |
| ILPT | F | -0.49% | |
| BRSP | B | -0.49% | |
| WSR | B | -0.46% | |
| ALX | D | -0.45% | |
| GTY | C | -0.44% | |
| OPI | F | -0.4% | |
| RMR | F | -0.38% | |
| NMFC | D | -0.38% | |
| UHT | D | -0.36% | |
| GPMT | C | -0.34% | |
| CSWC | D | -0.34% | |
| GOOD | B | -0.33% | |
| FSP | C | -0.29% | |
| TRTX | B | -0.29% | |
| TCPC | C | -0.27% | |
| AHH | D | -0.27% | |
| CGBD | D | -0.25% | |
| BCSF | A | -0.24% | |
| TPVG | C | -0.23% | |
| PFLT | D | -0.23% | |
| SLRC | A | -0.23% | |
| UVE | B | -0.22% | |
| BBDC | A | -0.22% | |
| KRO | D | -0.2% | |
| EBF | C | -0.18% | |
| GAIN | B | -0.17% | |
| PNNT | B | -0.16% | |
| OLP | B | -0.16% | |
| FDUS | A | -0.16% | |
| GLAD | B | -0.15% | |
| BFS | C | -0.14% | |
| TRIN | A | -0.12% | |
| CCAP | A | -0.1% | |
| REPX | A | -0.07% |
EVNT: Top Represented Industries & Keywords
Industries:
Software - Application
Apparel Manufacturing
Biotechnology
Entertainment
Drug Manufacturers - Specialty & Generic
Medical Devices
Oil & Gas E&P
Rental & Leasing Services
Software - Infrastructure
Airlines
Auto Manufacturers
Capital Markets
Communication Equipment
Consumer Electronics
Diagnostics & Research
Gambling
Grocery Stores
Health Information Services
Information Technology Services
Insurance - Diversified
SMHB: Top Represented Industries & Keywords
Industries:
Asset Management
REIT - Diversified
REIT - Office
REIT - Healthcare Facilities
REIT - Retail
REIT - Residential
Oil & Gas Midstream
Credit Services
Business Equipment
REIT - Industrial
Specialty Finance
Tobacco
Business Services
Conglomerates
Information Technology Services
Insurance - Property & Casualty
Oil & Gas E&P
Oil & Gas Equipment & Services
Packaged Foods
Pharmaceutical Retailers
Keywords:
Real Estate Investment Trust
Private Equity
Mortgage Loan
Structured Finance
Business Development
Mortgage Backed Security
Loan
Mezzanine Capital
Debt
Real Estate Properties
Residential Mortgage Backed Security
Senior Debt
Venture Capital
Credit
Real Estate Finance
Real Estate Mortgage Investment Conduit
Refinancing
Subordinated Debt
Banking
Business Development Company
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