IDAT vs. EVNT ETF Comparison

Comparison of Cloud Data Tech and Consumer ETF (IDAT) to AltShares Event-Driven ETF (EVNT)

IDAT

Cloud Data Tech and Consumer ETF

IDAT Description

The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.04

Average Daily Volume

935

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$10.59

Average Daily Volume

405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IDAT	EVNT
30 Days	0.57%	1.09%
60 Days	8.55%	3.03%
90 Days	-2.48%	6.51%
12 Months	36.41%	10.77%

3 Overlapping Holdings

Symbol	Grade	Weight in IDAT	Weight in EVNT	Overlap
CCI	C	2.04%	1.69%	1.69%
INTC	D	1.21%	1.29%	1.21%
JNPR	B	2.8%	3.17%	2.8%

IDAT Overweight 30 Positions Relative to EVNT

Symbol	Grade	Weight
NVDA	C	5.66%
AVGO	C	4.1%
ANET	A	3.76%
PSTG	F	3.29%
WDC	C	3.13%
MU	D	3.12%
MRVL	C	3.03%
STX	B	2.95%
CIEN	A	2.83%
NTNX	C	2.83%
QCOM	D	2.77%
DD	B	2.62%
NXPI	F	2.46%
AMT	C	2.29%
QRVO	F	2.24%
NET	D	2.23%
SWKS	F	2.09%
DDOG	D	2.07%
DT	C	2.01%
SBAC	B	1.95%
MTSI	B	1.95%
TWLO	B	1.94%
AKAM	D	1.82%
BDC	B	1.47%
LITE	A	1.41%
KD	F	1.22%
ESTC	F	1.08%
CFLT	F	0.89%
TDC	D	0.71%
DIOD	F	0.67%

IDAT Underweight 38 Positions Relative to EVNT

Symbol	Grade	Weight
HES	D	-5.01%
OLK	A	-4.42%
MCS	A	-4.38%
CHX	D	-3.62%
CERE	A	-3.17%
CTLT	A	-2.99%
AXNX	A	-2.98%
ANSS	D	-2.87%
MGRC	D	-2.66%
HCP	B	-2.61%
BA	F	-2.56%
CZR	B	-2.1%
PRFT	A	-2.07%
X	F	-1.96%
PVH	F	-1.87%
FL	F	-1.69%
VFC	B	-1.56%
SIMO	F	-1.45%
TGNA	B	-1.32%
WIRE	A	-1.28%
RAMP	F	-1.22%
VZIO	A	-1.2%
PARA	F	-1.06%
DIS	D	-1.04%
AMED	D	-1.01%
AURA	C	-0.98%
SQSP	A	-0.98%
CPRI	B	-0.91%
PNM	B	-0.9%
PACB	F	-0.6%
WBD	D	-0.6%
RIVN	F	-0.49%
ACI	F	-0.46%
ZLAB	B	-0.41%
SNOW	F	-0.33%
LVTX	F	-0.05%
WSC	D	--0.95%
SNPS	F	--1.38%