EVNT vs. FIVG ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to Defiance Next Gen Connectivity ETF (FIVG)

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

$9.82

Average Daily Volume

1,026

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIVG

Defiance Next Gen Connectivity ETF

FIVG Description

The investment seeks to track the total return performance, before fees and expenses, of the Bluestar 5G Communications Index (the index). The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index consists of a tiered, modified market capitalization-weighted portfolio of the U.S.-listed equity securities, including depositary receipts, of companies whose products or services are predominantly tied to the development of 5G networking and communication technologies. At least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$36.52

Average Daily Volume

44,248

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	FIVG
30 Days	-1.58%	-5.74%
60 Days	-1.75%	-7.53%
90 Days	-1.18%	-0.71%
12 Months	5.04%	23.39%

3 Overlapping Holdings

Symbol	Grade	Weight in EVNT	Weight in FIVG	Overlap
CCI	D	1.78%	1.38%	1.38%
INTC	F	0.82%	3.22%	0.82%
JNPR	D	2.5%	1.46%	1.46%

EVNT Overweight 37 Positions Relative to FIVG

Symbol	Grade	Weight
HES	B	4.67%
PXD	B	4.56%
OLK	C	4.07%
ANSS	F	2.97%
CERE	A	2.67%
AXNX	C	2.5%
MDC	A	2.5%
CSTR	A	2.26%
SIMO	C	2.02%
MGRC	D	2.02%
X	F	1.94%
VFC	F	1.86%
TGNA	C	1.76%
BA	D	1.71%
AMED	D	1.49%
PARA	B	1.35%
CZR	F	1.25%
EVBG	B	1.24%
CPRI	F	1.2%
SATS	B	1.16%
RIVN	F	1.09%
AURA	D	1.09%
RAMP	D	1.05%
DOOR	A	1.01%
CTLT	C	0.96%
PACB	F	0.94%
BE	B	0.89%
PNM	C	0.85%
VZIO	D	0.73%
DIS	C	0.66%
WBD	F	0.63%
PINS	B	0.5%
SNOW	D	0.45%
ZLAB	F	0.43%
APA	F	0.21%
WSC	F	-0.77%
SNPS	D	-1.53%

EVNT Underweight 46 Positions Relative to FIVG

Symbol	Grade	Weight
AAPL	C	-5.42%
AVGO	D	-5.05%
NVDA	C	-4.87%
ORCL	D	-4.4%
CSCO	F	-4.21%
QCOM	A	-4.01%
AMD	D	-3.9%
ADI	A	-2.87%
ANET	C	-2.18%
NXPI	B	-2.09%
DDOG	B	-2.03%
DELL	A	-1.93%
MRVL	C	-1.77%
NOK	A	-1.75%
HCP	A	-1.73%
KEYS	C	-1.69%
ERIC	D	-1.62%
VZ	D	-1.61%
NTAP	B	-1.61%
SWKS	F	-1.6%
MTSI	B	-1.59%
T	B	-1.59%
TMUS	A	-1.59%
DT	F	-1.58%
HPE	D	-1.58%
QRVO	F	-1.53%
AKAM	F	-1.53%
DOX	F	-1.49%
FFIV	F	-1.48%
MXL	D	-1.48%
CTS	A	-1.47%
KD	D	-1.4%
AMT	D	-1.37%
EQIX	F	-1.36%
NTCT	D	-1.35%
CSGS	F	-1.35%
LSCC	F	-1.35%
IDCC	B	-1.35%
EXTR	F	-1.34%
COHR	C	-1.24%
ARM	D	-1.22%
DOCN	D	-1.22%
CRDO	F	-1.2%
CIEN	C	-1.11%
CALX	F	-1.1%
VIAV	D	-1.05%