IPKW vs. EVNT ETF Comparison
Comparison of PowerShares International BuyBack Achievers Portfolio (IPKW) to AltShares Event-Driven ETF (EVNT)
IPKW
PowerShares International BuyBack Achievers Portfolio
IPKW Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the NASDAQ International BuyBack AchieversTM Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the NASDAQ OMX Group, Inc. ("NASDAQ OMX" or the "Index Provider") includes in the underlying index common stocks of foreign companies that are classified as "International BuyBack AchieversTM" pursuant to a proprietary selection methodology. It is non-diversified.
Grade (RS Rating)
Last Trade
$40.95
Average Daily Volume
18,524
7
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
$9.94
Average Daily Volume
743
40
Performance
Period | IPKW | EVNT |
---|---|---|
30 Days | -0.05% | 0.85% |
60 Days | 4.20% | 1.20% |
90 Days | 3.19% | -0.30% |
12 Months | 20.52% | 4.07% |
0 Overlapping Holdings
Symbol | Grade | Weight in IPKW | Weight in EVNT | Overlap |
---|
IPKW Underweight 40 Positions Relative to EVNT
Symbol | Grade | Weight | |
---|---|---|---|
HES | C | -4.67% | |
PXD | B | -4.56% | |
OLK | A | -4.07% | |
ANSS | C | -2.97% | |
CERE | D | -2.67% | |
AXNX | B | -2.5% | |
JNPR | B | -2.5% | |
MDC | A | -2.5% | |
CSTR | A | -2.26% | |
SIMO | B | -2.02% | |
MGRC | F | -2.02% | |
X | D | -1.94% | |
VFC | C | -1.86% | |
CCI | D | -1.78% | |
TGNA | D | -1.76% | |
BA | C | -1.71% | |
AMED | A | -1.49% | |
PARA | D | -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 | D | -1.05% | |
DOOR | A | -1.01% | |
CTLT | B | -0.96% | |
PACB | F | -0.94% | |
BE | F | -0.89% | |
PNM | D | -0.85% | |
INTC | D | -0.82% | |
VZIO | B | -0.73% | |
DIS | F | -0.66% | |
WBD | F | -0.63% | |
PINS | B | -0.5% | |
SNOW | D | -0.45% | |
ZLAB | F | -0.43% | |
APA | D | -0.21% | |
WSC | F | --0.77% | |
SNPS | B | --1.53% |
IPKW: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords