EVNT vs. FDM ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to First Trust DJ Select MicroCap ETF (FDM)

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

$10.61

Average Daily Volume

435

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$63.76

Average Daily Volume

4,426

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	FDM
30 Days	1.78%	0.40%
60 Days	2.42%	-2.99%
90 Days	6.97%	6.73%
12 Months	10.21%	17.67%

0 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in FDM	Overlap

EVNT Overweight 41 Positions Relative to FDM

Symbol	Grade	Weight
HES	F	5.01%
OLK	A	4.42%
MCS	B	4.38%
CHX	F	3.62%
CERE	A	3.17%
JNPR	A	3.17%
CTLT	B	2.99%
AXNX	B	2.98%
ANSS	D	2.87%
MGRC	D	2.66%
HCP	A	2.61%
BA	F	2.56%
CZR	C	2.1%
PRFT	B	2.07%
X	F	1.96%
PVH	D	1.87%
CCI	C	1.69%
FL	F	1.69%
VFC	B	1.56%
SIMO	F	1.45%
TGNA	C	1.32%
INTC	D	1.29%
WIRE	A	1.28%
RAMP	F	1.22%
VZIO	B	1.2%
PARA	D	1.06%
DIS	D	1.04%
AMED	D	1.01%
AURA	D	0.98%
SQSP	B	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	F	-1.38%

EVNT Underweight 131 Positions Relative to FDM

Symbol	Grade	Weight
VMEO	C	-1.54%
ASIX	B	-1.48%
CPF	C	-1.48%
LMB	C	-1.47%
BJRI	D	-1.47%
SPTN	C	-1.43%
HAYN	D	-1.42%
ETH	D	-1.4%
ASTE	F	-1.4%
TPB	B	-1.39%
RGR	F	-1.39%
IBCP	D	-1.39%
PTLO	C	-1.37%
MLR	D	-1.33%
GLDD	C	-1.31%
KELYA	D	-1.31%
HCKT	C	-1.28%
PLOW	C	-1.26%
EGY	D	-1.18%
IMXI	D	-1.18%
SWBI	F	-1.16%
MCB	C	-1.15%
UVE	C	-1.1%
EZPW	D	-1.07%
LEU	B	-1.04%
SMBC	C	-1.03%
WLDN	B	-1.01%
LQDT	C	-0.98%
ARKO	C	-0.97%
DAKT	D	-0.96%
AROW	D	-0.95%
CCRN	F	-0.92%
FC	C	-0.9%
CCBG	C	-0.9%
NBN	B	-0.88%
KE	F	-0.87%
CSV	C	-0.85%
MPB	C	-0.85%
DHIL	C	-0.85%
SHBI	C	-0.84%
LYTS	C	-0.83%
NWPX	B	-0.83%
SNCY	D	-0.83%
ANET	C	-0.81%
MOFG	D	-0.81%
WRLD	D	-0.81%
TIPT	C	-0.81%
CCSI	C	-0.79%
LXU	D	-0.78%
ESQ	B	-0.78%
FISI	C	-0.78%
BSRR	D	-0.77%
HRTG	C	-0.76%
NPK	D	-0.76%
NRIM	C	-0.75%
CWCO	F	-0.75%
GLRE	C	-0.73%
SD	F	-0.73%
RMR	C	-0.7%
TTI	F	-0.69%
HVT	F	-0.69%
CENT	F	-0.69%
LINC	D	-0.68%
ODC	D	-0.67%
LOCO	C	-0.67%
EE	A	-0.67%
PLPC	C	-0.67%
OPY	D	-0.66%
FMAO	B	-0.66%
ARTNA	F	-0.66%
KODK	D	-0.66%
AMSWA	C	-0.65%
USAP	C	-0.64%
TCMD	C	-0.64%
CMPO	B	-0.64%
ITIC	C	-0.64%
WLFC	C	-0.63%
SIGA	F	-0.63%
NECB	B	-0.62%
DCGO	F	-0.59%
MOV	F	-0.59%
CRCT	C	-0.59%
SENEA	B	-0.58%
VPG	F	-0.58%
RM	B	-0.57%
AVNW	F	-0.54%
INBK	D	-0.53%
TRDA	D	-0.52%
NEWT	D	-0.52%
MCFT	F	-0.51%
ACIC	D	-0.48%
JRVR	F	-0.47%
AMPY	F	-0.46%
NGVC	C	-0.45%
HBB	B	-0.44%
TASK	F	-0.43%
PKOH	C	-0.43%
MITT	B	-0.41%
RCKY	C	-0.41%
VLGEA	C	-0.4%
FSTR	D	-0.38%
LEGH	C	-0.38%
NGS	D	-0.37%
HNRG	C	-0.35%
EML	C	-0.35%
REPX	D	-0.34%
ACTG	D	-0.33%
NATR	F	-0.33%
TAYD	D	-0.32%
FLXS	B	-0.32%
BTMD	F	-0.32%
PWOD	B	-0.32%
SGC	D	-0.31%
KRT	F	-0.28%
FF	D	-0.28%
EARN	B	-0.27%
BBCP	F	-0.27%
LSEA	D	-0.27%
ACU	D	-0.26%
VIRC	D	-0.26%
TWIN	D	-0.26%
LAKE	D	-0.26%
JILL	F	-0.24%
PEBK	F	-0.24%
LWAY	C	-0.21%
ESOA	D	-0.18%
FEIM	D	-0.16%
KEQU	F	-0.15%
CSPI	D	-0.15%
INTT	F	-0.15%
REI	F	-0.14%