PRN vs. EVNT ETF Comparison
Comparison of PowerShares Dynamic Industrials (PRN) to AltShares Event-Driven ETF (EVNT)
PRN
PowerShares Dynamic Industrials
PRN Description
The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$153.14
Average Daily Volume
17,298
41
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
41
Performance
| Period | PRN | EVNT |
|---|---|---|
| 30 Days | 5.48% | 1.09% |
| 60 Days | 14.68% | 3.03% |
| 90 Days | 14.01% | 6.51% |
| 12 Months | 56.59% | 10.77% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRN | Weight in EVNT | Overlap |
|---|
PRN Overweight 41 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HEI | A | 4.3% | |
| FIX | A | 4.05% | |
| PH | A | 3.86% | |
| TT | A | 3.84% | |
| GWW | A | 3.66% | |
| CTAS | B | 3.63% | |
| HUBB | A | 3.62% | |
| AME | D | 3.56% | |
| PWR | B | 3.45% | |
| WSO | C | 3.45% | |
| URI | C | 3.1% | |
| CPRT | B | 3.09% | |
| HWM | A | 2.77% | |
| STRL | B | 2.67% | |
| PKG | C | 2.64% | |
| IRM | A | 2.61% | |
| TDG | A | 2.58% | |
| CSL | A | 2.41% | |
| DY | C | 2.19% | |
| GE | C | 2.14% | |
| CSWI | B | 2.14% | |
| ETN | C | 2.11% | |
| SMR | B | 2.04% | |
| BAH | A | 2.01% | |
| LMB | B | 1.9% | |
| TTEK | B | 1.71% | |
| GVA | A | 1.7% | |
| MLI | C | 1.68% | |
| GFF | C | 1.56% | |
| ASPN | D | 1.55% | |
| CLH | C | 1.49% | |
| GMS | C | 1.48% | |
| INSW | B | 1.4% | |
| CBZ | F | 1.36% | |
| AVAV | B | 1.33% | |
| USLM | C | 1.33% | |
| TPC | A | 1.3% | |
| APG | F | 1.29% | |
| AMSC | C | 1.28% | |
| INOD | D | 0.99% | |
| VSEC | D | 0.98% |
PRN Underweight 41 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% | |
| JNPR | B | -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% | |
| CCI | C | -1.69% | |
| FL | F | -1.69% | |
| VFC | B | -1.56% | |
| SIMO | F | -1.45% | |
| TGNA | B | -1.32% | |
| INTC | D | -1.29% | |
| 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% |
PRN: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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