PSCE vs. EVNT ETF Comparison
Comparison of PowerShares S&P SmallCap Energy Portfolio (PSCE) to AltShares Event-Driven ETF (EVNT)
PSCE
PowerShares S&P SmallCap Energy Portfolio
PSCE Description
The PowerShares S&P SmallCap Energy Portfolio (Fund) is based on the S&P SmallCap 600® Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$52.41
Average Daily Volume
40,553
28
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
$10.62
Average Daily Volume
397
40
Performance
| Period | PSCE | EVNT |
|---|---|---|
| 30 Days | 6.96% | 1.09% |
| 60 Days | 7.27% | 3.03% |
| 90 Days | 0.85% | 6.41% |
| 12 Months | 2.16% | 10.77% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PSCE | Weight in EVNT | Overlap |
|---|
PSCE Overweight 28 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| MGY | B | 7.68% | |
| SM | D | 7.65% | |
| WHD | A | 6.63% | |
| CRC | B | 6.1% | |
| NOG | D | 5.9% | |
| TDW | F | 5.8% | |
| BTU | B | 5.2% | |
| CEIX | B | 4.69% | |
| OII | D | 4.63% | |
| AROC | B | 4.51% | |
| HP | D | 4.4% | |
| LBRT | D | 4.26% | |
| PTEN | F | 4.18% | |
| WKC | A | 3.45% | |
| HLX | C | 3.0% | |
| TALO | D | 2.43% | |
| LPG | F | 2.36% | |
| CRK | B | 1.91% | |
| PARR | F | 1.87% | |
| GPRE | F | 1.65% | |
| CLB | D | 1.64% | |
| VTOL | D | 1.61% | |
| CVI | D | 1.49% | |
| VTLE | F | 1.37% | |
| REX | D | 1.35% | |
| PUMP | D | 1.16% | |
| NBR | D | 1.09% | |
| RES | C | 0.99% |
PSCE Underweight 40 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | D | -5.01% | |
| OLK | A | -4.42% | |
| MCS | B | -4.38% | |
| CHX | C | -3.62% | |
| CERE | A | -3.17% | |
| JNPR | C | -3.17% | |
| CTLT | A | -2.99% | |
| AXNX | A | -2.98% | |
| ANSS | D | -2.87% | |
| MGRC | D | -2.66% | |
| HCP | A | -2.61% | |
| BA | F | -2.56% | |
| CZR | B | -2.1% | |
| PRFT | A | -2.07% | |
| X | F | -1.96% | |
| PVH | D | -1.87% | |
| CCI | D | -1.69% | |
| FL | F | -1.69% | |
| VFC | A | -1.56% | |
| SIMO | D | -1.45% | |
| TGNA | B | -1.32% | |
| INTC | D | -1.29% | |
| 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 | C | -0.91% | |
| PNM | B | -0.9% | |
| PACB | D | -0.6% | |
| WBD | F | -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 | F | --1.38% |
PSCE: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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