EVNT vs. EWX ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to SPDR S&P Emerging Markets Small Cap ETF (EWX)

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

$9.77

Average Daily Volume

1,311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EWX

SPDR S&P Emerging Markets Small Cap ETF

EWX Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the small capitalization segment of global emerging market countries. The fund employs a sampling strategy in seeking to track the performance of the S&PÂ® Emerging Markets Under USD2 Billion Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.38

Average Daily Volume

102,079

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	EWX
30 Days	-1.34%	1.04%
60 Days	-2.74%	2.08%
90 Days	-2.07%	4.71%
12 Months	7.18%	15.41%

1 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in EWX	Overlap
	SIMO	B	2.02%	0.22%	0.22%

EVNT Overweight 39 Positions Relative to EWX

Symbol	Grade	Weight
HES	B	4.67%
PXD	B	4.56%
OLK	C	4.07%
ANSS	D	2.97%
CERE	B	2.67%
AXNX	C	2.5%
JNPR	D	2.5%
MDC	A	2.5%
CSTR	A	2.26%
MGRC	D	2.02%
X	D	1.94%
VFC	F	1.86%
CCI	D	1.78%
TGNA	D	1.76%
BA	F	1.71%
AMED	C	1.49%
PARA	C	1.35%
CZR	F	1.25%
EVBG	B	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	C	0.89%
PNM	C	0.85%
INTC	F	0.82%
VZIO	D	0.73%
DIS	D	0.66%
WBD	F	0.63%
PINS	A	0.5%
SNOW	F	0.45%
ZLAB	F	0.43%
APA	F	0.21%
WSC	D	-0.77%
SNPS	D	-1.53%

EVNT Underweight 55 Positions Relative to EWX

Symbol	Grade	Weight
SBLK	A	-0.17%
CAR	D	-0.15%
HOLI	D	-0.12%
DAC	A	-0.09%
JKS	C	-0.09%
MOMO	C	-0.08%
GOTU	C	-0.08%
NOAH	B	-0.07%
IMOS	D	-0.07%
FINV	B	-0.07%
SGRP	B	-0.07%
HIMX	F	-0.06%
EH	C	-0.06%
CMRE	A	-0.06%
TNP	A	-0.05%
AFYA	D	-0.04%
GPRK	B	-0.04%
QD	C	-0.04%
HUYA	B	-0.04%
VTEX	D	-0.04%
SB	A	-0.04%
GASS	B	-0.03%
DSX	B	-0.03%
YALA	F	-0.03%
NEXA	B	-0.03%
TIGR	D	-0.03%
VINP	C	-0.03%
GRIN	B	-0.03%
DADA	F	-0.02%
API	C	-0.02%
SOHU	B	-0.02%
HEPS	C	-0.02%
BWMX	D	-0.02%
TUYA	C	-0.02%
RERE	B	-0.02%
ZH	F	-0.02%
BLTE	B	-0.02%
CINT	F	-0.01%
DDL	C	-0.01%
PDSB	F	-0.01%
FNGR	D	-0.01%
BTBT	F	-0.01%
CAN	F	-0.01%
LX	C	-0.01%
VTRU	F	-0.01%
VNET	C	-0.01%
WDH	F	-0.01%
FANH	F	-0.01%
SHPH	F	-0.01%
IMAB	D	-0.0%
DAO	F	-0.0%
CBAT	B	-0.0%
SOL	F	-0.0%
YI	F	-0.0%
NIU	C	-0.0%