SLX vs. EVNT ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to AltShares Event-Driven ETF (EVNT)
SLX
Market Vectors Steel Index ETF Fund
SLX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.
Grade (RS Rating)
Last Trade
$70.27
Average Daily Volume
8,710
26
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 | SLX | EVNT |
|---|---|---|
| 30 Days | 5.50% | 1.09% |
| 60 Days | 7.29% | 3.03% |
| 90 Days | 3.50% | 6.51% |
| 12 Months | 13.99% | 10.77% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in EVNT | Overlap | |
|---|---|---|---|---|---|
| X | F | 4.05% | 1.96% | 1.96% |
SLX Overweight 25 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | A | 10.04% | |
| VALE | B | 8.27% | |
| CRS | C | 6.78% | |
| NUE | D | 5.57% | |
| MT | B | 5.14% | |
| ATI | B | 5.14% | |
| PKX | D | 4.96% | |
| RS | D | 4.81% | |
| STLD | B | 4.8% | |
| TS | D | 4.76% | |
| GGB | B | 4.6% | |
| SID | D | 4.53% | |
| CMC | D | 4.52% | |
| HCC | B | 4.18% | |
| TX | D | 4.05% | |
| CLF | D | 3.54% | |
| ROCK | D | 2.33% | |
| WS | D | 1.81% | |
| USAP | C | 1.19% | |
| ASTL | C | 1.17% | |
| RDUS | D | 1.15% | |
| SXC | F | 0.79% | |
| RYI | F | 0.74% | |
| MTUS | F | 0.71% | |
| ZEUS | F | 0.48% |
SLX Underweight 40 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% | |
| 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% |
SLX: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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