AIEQ vs. EVNT ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to AltShares Event-Driven ETF (EVNT)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.86

Average Daily Volume

8,767

Number of Holdings ^*

111

* 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

$9.89

Average Daily Volume

1,193

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	EVNT
30 Days	5.64%	2.05%
60 Days	1.48%	-0.03%
90 Days	0.06%	-1.26%
12 Months	28.15%	7.10%

2 Overlapping Holdings

	Symbol	Grade	Weight in AIEQ	Weight in EVNT	Overlap
	SNOW	D	0.93%	0.45%	0.45%
	VFC	F	0.48%	1.86%	0.48%

AIEQ Overweight 109 Positions Relative to EVNT

Symbol	Grade	Weight
BX	C	4.85%
ICE	C	4.81%
GM	A	4.7%
SCHW	B	4.68%
COST	B	3.66%
BRK.A	C	3.54%
EXC	C	3.46%
WFRD	C	3.39%
DDOG	D	3.22%
SWN	C	2.84%
AMP	B	2.69%
NTAP	B	2.38%
AKAM	F	2.04%
AN	C	1.25%
JKHY	C	1.07%
EQIX	D	0.99%
VRTX	B	0.99%
MS	B	0.98%
SO	A	0.97%
SRE	B	0.97%
LVS	F	0.96%
TEAM	F	0.96%
AMZN	C	0.96%
SNAP	C	0.95%
STT	B	0.95%
ZTS	D	0.95%
GOOG	A	0.94%
GOOGL	A	0.94%
TFC	A	0.94%
MNST	F	0.93%
ZS	F	0.92%
KDP	B	0.92%
F	D	0.92%
PG	A	0.92%
XOM	B	0.92%
AXP	B	0.92%
INTU	B	0.91%
WDAY	D	0.91%
MCD	D	0.9%
ORLY	D	0.9%
AGCO	F	0.9%
HAL	F	0.9%
ALL	C	0.9%
COIN	D	0.89%
IDXX	C	0.89%
WMB	A	0.89%
VLO	D	0.88%
KHC	D	0.86%
CTRA	B	0.86%
U	F	0.85%
CAG	C	0.83%
PAYX	B	0.8%
BBY	D	0.79%
ADM	D	0.78%
DXCM	D	0.68%
REG	D	0.64%
PWR	C	0.63%
NFG	B	0.57%
ACGL	B	0.52%
WEC	B	0.5%
CELH	C	0.48%
WST	F	0.45%
APO	B	0.44%
BJ	B	0.43%
CMS	A	0.42%
ATO	C	0.4%
CCK	C	0.39%
CPT	B	0.35%
WPC	C	0.35%
AOS	D	0.35%
VTR	B	0.35%
CMA	B	0.35%
NSIT	B	0.31%
RRC	B	0.31%
OGS	C	0.29%
SCCO	B	0.29%
GTLS	C	0.27%
VOYA	B	0.27%
MAT	F	0.27%
CNX	B	0.26%
CUBE	C	0.25%
RS	D	0.22%
HRL	C	0.22%
HSIC	C	0.21%
WBS	D	0.19%
RBC	C	0.19%
H	D	0.19%
JEF	A	0.16%
MGY	D	0.16%
HP	F	0.13%
FAF	D	0.13%
NTNX	B	0.12%
CIVI	C	0.12%
ZWS	C	0.11%
WWD	B	0.11%
NVT	B	0.11%
FDS	D	0.1%
HAE	C	0.1%
HOMB	B	0.1%
MMS	B	0.1%
DTM	A	0.09%
HLI	C	0.09%
IDA	B	0.08%
NOG	D	0.08%
CBT	B	0.08%
SPSC	C	0.08%
NSP	D	0.07%
NJR	C	0.06%
IRDM	D	0.06%

AIEQ Underweight 38 Positions Relative to EVNT

Symbol	Grade	Weight
HES	C	-4.67%
PXD	B	-4.56%
OLK	C	-4.07%
ANSS	D	-2.97%
CERE	B	-2.67%
AXNX	D	-2.5%
JNPR	D	-2.5%
MDC	A	-2.5%
CSTR	A	-2.26%
SIMO	C	-2.02%
MGRC	F	-2.02%
X	F	-1.94%
CCI	C	-1.78%
TGNA	C	-1.76%
BA	D	-1.71%
AMED	B	-1.49%
PARA	D	-1.35%
CZR	F	-1.25%
EVBG	D	-1.24%
CPRI	F	-1.2%
SATS	C	-1.16%
RIVN	F	-1.09%
AURA	F	-1.09%
RAMP	F	-1.05%
DOOR	A	-1.01%
CTLT	D	-0.96%
PACB	F	-0.94%
BE	D	-0.89%
PNM	D	-0.85%
INTC	F	-0.82%
VZIO	D	-0.73%
DIS	D	-0.66%
WBD	F	-0.63%
PINS	A	-0.5%
ZLAB	D	-0.43%
APA	F	-0.21%
WSC	F	--0.77%
SNPS	C	--1.53%