EVNT vs. TEQI ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to T. Rowe Price Equity Income ETF (TEQI)

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

TEQI

T. Rowe Price Equity Income ETF

TEQI Description

The investment seeks a high level of dividend income and long-term capital growth. The fund will normally invest at least 80% of its assets in common stocks listed in the United States, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued (or futures that have similar economic characteristics). It typically employs a value approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

Grade (RS Rating)

Last Trade

$43.23

Average Daily Volume

26,680

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	TEQI
30 Days	0.52%	3.09%
60 Days	0.81%	4.07%
90 Days	2.10%	5.51%
12 Months	7.44%	27.01%

4 Overlapping Holdings

Symbol	Grade	Weight in EVNT	Weight in TEQI	Overlap
DIS	B	1.07%	1.03%	1.03%
HES	B	4.35%	0.23%	0.23%
MRO	B	1.54%	0.4%	0.4%
SRCL	C	2.55%	0.32%	0.32%

EVNT Overweight 40 Positions Relative to TEQI

Symbol	Grade	Weight
CTLT	B	3.94%
HA	D	3.73%
HCP	B	3.69%
JNPR	F	3.35%
PETQ	D	3.29%
AMED	F	3.17%
PRFT	D	3.16%
AXNX	C	2.98%
ANSS	B	2.82%
CHX	C	2.68%
MGRC	B	2.56%
X	C	1.88%
CCI	D	1.78%
INST	C	1.77%
K	A	1.74%
ENV	B	1.51%
EDR	A	1.48%
SILK	F	1.46%
ESGR	B	1.4%
VZIO	A	1.21%
RCM	F	1.19%
SQSP	F	0.98%
CHUY	D	0.96%
CPRI	F	0.92%
AURA	D	0.86%
PVH	C	0.85%
PARA	C	0.83%
CZR	F	0.81%
PACB	F	0.81%
VFC	C	0.78%
GTHX	D	0.77%
WBD	C	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	D	-0.9%
SNPS	B	-1.24%

EVNT Underweight 108 Positions Relative to TEQI

Symbol	Grade	Weight
ELV	F	-2.3%
SO	D	-2.29%
CB	C	-2.08%
MET	A	-2.06%
GE	D	-2.05%
WFC	A	-2.02%
TTE	F	-1.99%
QCOM	F	-1.96%
AIG	B	-1.85%
LHX	C	-1.81%
PM	B	-1.75%
CF	B	-1.72%
BDX	F	-1.72%
KVUE	A	-1.68%
KMB	D	-1.63%
SWK	D	-1.62%
XOM	B	-1.61%
NWSA	B	-1.57%
UNH	C	-1.57%
WY	D	-1.54%
SCHW	B	-1.49%
EQR	B	-1.49%
MSFT	F	-1.48%
ZBH	C	-1.47%
IP	B	-1.47%
HIG	B	-1.43%
JPM	A	-1.41%
EQH	B	-1.39%
C	A	-1.34%
WMT	A	-1.23%
HBAN	A	-1.22%
D	C	-1.17%
JNJ	D	-1.17%
CI	F	-1.13%
AMAT	F	-1.13%
FI	A	-1.13%
LVS	C	-1.12%
CVS	D	-1.09%
AEE	A	-1.04%
UPS	C	-1.03%
L	A	-1.01%
USB	A	-0.99%
MDT	D	-0.98%
TXN	C	-0.97%
BA	F	-0.92%
FITB	A	-0.92%
NEE	D	-0.9%
AZN	D	-0.88%
NXPI	D	-0.87%
CAG	D	-0.87%
LUV	C	-0.84%
TSN	B	-0.83%
SNY	F	-0.83%
ACN	C	-0.8%
SRE	A	-0.77%
RYN	D	-0.76%
CL	D	-0.75%
VTRS	A	-0.7%
CMI	A	-0.63%
CMCSA	B	-0.62%
EQT	B	-0.61%
GEV	B	-0.59%
BMY	B	-0.59%
EOG	A	-0.58%
BAC	A	-0.58%
NSC	B	-0.57%
WMB	A	-0.56%
REXR	F	-0.54%
PFE	D	-0.48%
MAT	D	-0.48%
CSX	B	-0.46%
GM	B	-0.41%
TMO	F	-0.37%
VZ	C	-0.35%
COP	C	-0.35%
TJX	A	-0.34%
MRK	F	-0.34%
MMM	D	-0.34%
INTC	D	-0.34%
KSS	F	-0.33%
HON	B	-0.33%
MS	A	-0.33%
BKR	B	-0.31%
DG	F	-0.3%
GEHC	F	-0.29%
APO	B	-0.28%
CSCO	B	-0.28%
ABBV	D	-0.27%
BIIB	F	-0.27%
NI	A	-0.25%
CRM	B	-0.22%
UNP	C	-0.19%
SLB	C	-0.18%
CVX	A	-0.18%
CNC	D	-0.17%
PCG	A	-0.16%
HUM	C	-0.16%
AMD	F	-0.15%
ROK	B	-0.15%
CAH	B	-0.15%
BK	A	-0.15%
T	A	-0.14%
HD	A	-0.12%
ATO	A	-0.1%
MDLZ	F	-0.1%
NWS	B	-0.08%
VNO	B	-0.07%
GS	A	-0.04%