ACTV vs. EVNT ETF Comparison

Comparison of LeaderShares Activist Leaders ETF (ACTV) to AltShares Event-Driven ETF (EVNT)

ACTV

LeaderShares Activist Leaders ETF

ACTV Description

The investment seeks to generate long-term capital growth. The fund will be invested in equity securities of companies listed on a U.S. exchange with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

6,810

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$10.65

Average Daily Volume

347

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACTV	EVNT
30 Days	-1.72%	0.05%
60 Days	-0.84%	0.76%
90 Days	0.37%	1.91%
12 Months	12.77%	7.25%

1 Overlapping Holdings

	Symbol	Grade	Weight in ACTV	Weight in EVNT	Overlap
	CTLT	C	0.67%	3.94%	0.67%

ACTV Overweight 45 Positions Relative to EVNT

Symbol	Grade	Weight
MRCY	C	4.53%
JBLU	F	4.5%
FTRE	D	4.41%
ALIT	C	4.16%
JHG	B	4.09%
DAN	D	3.97%
HHH	B	3.91%
LUV	C	3.86%
VSTS	C	3.82%
LW	C	3.82%
SWX	B	3.81%
IVZ	B	3.77%
RPD	B	3.7%
INVA	D	3.61%
THS	D	3.35%
NSIT	F	3.17%
MTCH	D	3.16%
BLMN	F	2.97%
CVI	F	0.78%
EXPE	B	0.78%
AAP	D	0.77%
GDDY	A	0.74%
UPBD	B	0.73%
NATL	B	0.73%
VYX	B	0.73%
NWS	A	0.73%
CNK	C	0.72%
UNIT	B	0.71%
CMG	B	0.71%
CHEF	A	0.7%
BANC	B	0.7%
TDS	B	0.69%
PCG	A	0.69%
GEN	B	0.69%
MGM	D	0.68%
ROG	D	0.68%
KBH	D	0.67%
ETSY	D	0.66%
FYBR	C	0.65%
WEN	D	0.65%
SOLV	D	0.62%
PINS	F	0.61%
DBRG	F	0.53%
MDU	D	0.41%
WOLF	F	0.38%

ACTV Underweight 43 Positions Relative to EVNT

Symbol	Grade	Weight
HES	B	-4.35%
HA	A	-3.73%
HCP	B	-3.69%
JNPR	D	-3.35%
PETQ	A	-3.29%
AMED	F	-3.17%
PRFT	B	-3.16%
AXNX	A	-2.98%
ANSS	B	-2.82%
CHX	C	-2.68%
MGRC	B	-2.56%
SRCL	B	-2.55%
X	B	-1.88%
CCI	C	-1.78%
INST	B	-1.77%
K	A	-1.74%
MRO	B	-1.54%
ENV	B	-1.51%
EDR	A	-1.48%
SILK	A	-1.46%
ESGR	B	-1.4%
VZIO	A	-1.21%
RCM	A	-1.19%
DIS	B	-1.07%
SQSP	A	-0.98%
CHUY	B	-0.96%
CPRI	F	-0.92%
AURA	C	-0.86%
PVH	C	-0.85%
PARA	C	-0.83%
CZR	F	-0.81%
PACB	F	-0.81%
VFC	C	-0.78%
GTHX	A	-0.77%
WBD	B	-0.76%
RIVN	F	-0.76%
SNOW	B	-0.74%
EVRI	A	-0.7%
BE	B	-0.51%
ACI	C	-0.42%
CLSD	F	-0.33%
WSC	F	--0.9%
SNPS	B	--1.24%