EVNT vs. XHE ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to SPDR S&P Health Care Equipment (XHE)

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

$10.57

Average Daily Volume

427

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHE

SPDR S&P Health Care Equipment

XHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.23

Average Daily Volume

20,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	XHE
30 Days	1.44%	3.76%
60 Days	2.87%	2.59%
90 Days	7.58%	7.06%
12 Months	9.63%	15.27%

1 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in XHE	Overlap
	AXNX	A	2.98%	1.69%	1.69%

EVNT Overweight 41 Positions Relative to XHE

Symbol	Grade	Weight
HES	D	5.01%
OLK	A	4.42%
MCS	C	4.38%
CHX	D	3.62%
CERE	A	3.17%
JNPR	A	3.17%
CTLT	B	2.99%
ANSS	D	2.87%
MGRC	F	2.66%
HCP	A	2.61%
BA	F	2.56%
CZR	C	2.1%
PRFT	A	2.07%
X	D	1.96%
PVH	F	1.87%
CCI	C	1.69%
FL	D	1.69%
VFC	C	1.56%
SIMO	F	1.45%
MODN	B	1.33%
TGNA	C	1.32%
INTC	F	1.29%
WIRE	A	1.28%
RAMP	F	1.22%
VZIO	A	1.2%
PARA	F	1.06%
DIS	D	1.04%
AMED	C	1.01%
AURA	C	0.98%
SQSP	A	0.98%
CPRI	D	0.91%
PNM	B	0.9%
PACB	D	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	D	-1.38%

EVNT Underweight 61 Positions Relative to XHE

Symbol	Grade	Weight
OMCL	C	-2.65%
ICUI	B	-2.6%
LNTH	D	-2.23%
ATRC	C	-2.17%
SOLV	C	-2.17%
PRCT	B	-2.14%
UFPT	A	-2.12%
INSP	C	-2.05%
MMSI	B	-2.01%
SILK	A	-1.98%
RMD	C	-1.96%
BAX	C	-1.96%
TFX	C	-1.95%
PODD	B	-1.92%
HOLX	C	-1.9%
ISRG	C	-1.9%
GEHC	C	-1.87%
ABT	C	-1.87%
STE	C	-1.84%
MDT	C	-1.83%
GKOS	C	-1.82%
ITGR	B	-1.81%
BSX	B	-1.79%
SYK	C	-1.78%
GMED	D	-1.76%
NVST	D	-1.76%
TMDX	C	-1.75%
CNMD	D	-1.74%
NARI	F	-1.68%
IDXX	D	-1.67%
XRAY	D	-1.65%
PEN	D	-1.65%
BDX	F	-1.65%
ZBH	F	-1.65%
ALGN	D	-1.61%
RXST	C	-1.58%
NEOG	D	-1.58%
ENOV	F	-1.56%
TNDM	C	-1.55%
LIVN	D	-1.53%
HAE	D	-1.49%
NVCR	D	-1.39%
MASI	D	-1.38%
EW	F	-1.31%
IRTC	F	-1.29%
STAA	F	-1.25%
LMAT	B	-1.13%
DXCM	F	-1.0%
IART	F	-0.98%
SIBN	D	-0.96%
ATEC	F	-0.91%
EMBC	C	-0.77%
OFIX	D	-0.75%
AVNS	C	-0.66%
ZIMV	F	-0.64%
OSUR	D	-0.64%
KIDS	F	-0.63%
TCMD	C	-0.55%
VREX	F	-0.53%
NVRO	F	-0.47%
SRDX	D	-0.18%