XES vs. EVNT ETF Comparison
Comparison of SPDR S&P Oil & Gas Equipment & Services ETF (XES) to AltShares Event-Driven ETF (EVNT)
XES
SPDR S&P Oil & Gas Equipment & Services ETF
XES Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas equipment and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$82.10
Average Daily Volume
46,862
27
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
$10.57
Average Daily Volume
412
42
Performance
| Period | XES | EVNT |
|---|---|---|
| 30 Days | -6.65% | 1.31% |
| 60 Days | -13.50% | 3.48% |
| 90 Days | -5.88% | 7.91% |
| 12 Months | -14.12% | 9.06% |
1 Overlapping Holdings
| Symbol | Grade | Weight in XES | Weight in EVNT | Overlap | |
|---|---|---|---|---|---|
| CHX | D | 4.98% | 3.62% | 3.62% |
XES Overweight 26 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKR | D | 5.66% | |
| FTI | D | 5.23% | |
| AROC | C | 5.18% | |
| WHD | C | 5.06% | |
| HP | D | 5.03% | |
| SLB | F | 4.92% | |
| LBRT | D | 4.9% | |
| NOV | D | 4.85% | |
| HAL | F | 4.54% | |
| WFRD | F | 4.3% | |
| PTEN | F | 4.26% | |
| RIG | F | 4.2% | |
| VAL | F | 4.03% | |
| TDW | F | 3.86% | |
| OII | D | 3.59% | |
| AESI | C | 2.98% | |
| HLX | D | 2.76% | |
| XPRO | F | 2.28% | |
| WTTR | C | 1.98% | |
| NBR | F | 1.97% | |
| PUMP | F | 1.86% | |
| RES | D | 1.49% | |
| CLB | D | 1.02% | |
| TTI | F | 0.87% | |
| NR | F | 0.71% | |
| VTOL | D | 0.6% |
XES Underweight 41 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | D | -5.01% | |
| OLK | A | -4.42% | |
| MCS | B | -4.38% | |
| CERE | A | -3.17% | |
| JNPR | A | -3.17% | |
| CTLT | B | -2.99% | |
| AXNX | B | -2.98% | |
| ANSS | F | -2.87% | |
| MGRC | F | -2.66% | |
| HCP | A | -2.61% | |
| BA | F | -2.56% | |
| CZR | C | -2.1% | |
| PRFT | A | -2.07% | |
| X | D | -1.96% | |
| PVH | F | -1.87% | |
| CCI | B | -1.69% | |
| FL | D | -1.69% | |
| VFC | C | -1.56% | |
| SIMO | F | -1.45% | |
| MODN | B | -1.33% | |
| TGNA | C | -1.32% | |
| INTC | F | -1.29% | |
| WIRE | A | -1.28% | |
| RAMP | F | -1.22% | |
| VZIO | A | -1.2% | |
| PARA | F | -1.06% | |
| DIS | D | -1.04% | |
| AMED | C | -1.01% | |
| AURA | C | -0.98% | |
| SQSP | A | -0.98% | |
| CPRI | D | -0.91% | |
| PNM | B | -0.9% | |
| PACB | D | -0.6% | |
| WBD | D | -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 | D | --1.38% |
XES: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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