EVNT vs. FXD ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to First Trust Consumer Discret. AlphaDEX (FXD)

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

FXD

First Trust Consumer Discret. AlphaDEX

FXD 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 StrataQuant(R) Consumer Discretionary Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer discretionary sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$63.72

Average Daily Volume

46,436

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	FXD
30 Days	1.78%	4.07%
60 Days	2.42%	6.62%
90 Days	6.97%	6.67%
12 Months	10.21%	26.16%

3 Overlapping Holdings

Symbol	Grade	Weight in EVNT	Weight in FXD	Overlap
CZR	C	2.1%	0.83%	0.83%
PVH	D	1.87%	1.22%	1.22%
WBD	D	0.6%	1.17%	0.6%

EVNT Overweight 38 Positions Relative to FXD

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%
PRFT	B	2.07%
X	F	1.96%
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%
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 114 Positions Relative to FXD

Symbol	Grade	Weight
DHI	C	-1.81%
CVNA	B	-1.79%
TOL	A	-1.73%
PHM	B	-1.71%
LEN	B	-1.61%
LAD	B	-1.57%
CPNG	B	-1.56%
FOXA	B	-1.55%
SPOT	C	-1.54%
HOG	C	-1.53%
BURL	C	-1.5%
RCL	B	-1.45%
CRI	D	-1.43%
COST	C	-1.41%
GM	C	-1.39%
TXRH	B	-1.31%
APTV	D	-1.31%
UAA	C	-1.27%
EBAY	B	-1.24%
BYD	C	-1.23%
TKO	A	-1.2%
THO	C	-1.17%
AN	C	-1.16%
TJX	C	-1.14%
UAL	B	-1.14%
LNW	F	-1.14%
PII	D	-1.14%
PAG	D	-1.13%
BROS	D	-1.12%
MUSA	D	-1.12%
DDS	D	-1.11%
BWA	C	-1.1%
KSS	D	-1.08%
DKS	D	-1.05%
DAL	C	-1.05%
AMZN	C	-1.05%
WING	C	-1.05%
LKQ	F	-1.02%
CROX	C	-1.01%
LEA	D	-1.0%
BFAM	C	-1.0%
DECK	C	-0.99%
NVR	B	-0.99%
SKX	C	-0.97%
HRB	C	-0.95%
UHAL	B	-0.94%
F	F	-0.92%
TTD	B	-0.89%
ARMK	B	-0.88%
IPG	C	-0.85%
NFLX	B	-0.83%
COLM	C	-0.83%
ULTA	D	-0.83%
BKNG	B	-0.82%
HLT	B	-0.82%
UBER	C	-0.81%
TSCO	B	-0.81%
NXST	D	-0.8%
ALK	B	-0.79%
TPR	A	-0.79%
CMG	D	-0.73%
ELF	F	-0.71%
GNTX	D	-0.7%
GAP	F	-0.68%
VAC	D	-0.68%
DPZ	D	-0.64%
MAT	D	-0.63%
M	F	-0.63%
PLNT	C	-0.61%
BBY	A	-0.61%
OMC	B	-0.6%
LYV	A	-0.59%
JWN	C	-0.58%
GRMN	D	-0.56%
WSM	C	-0.56%
RL	B	-0.56%
ROST	C	-0.56%
ROL	C	-0.55%
DKNG	C	-0.55%
YETI	D	-0.55%
TGT	C	-0.55%
LUV	C	-0.54%
H	B	-0.54%
LOPE	D	-0.54%
GPC	D	-0.53%
WHR	C	-0.53%
CHDN	D	-0.52%
FIVE	D	-0.46%
BBWI	D	-0.4%
DUOL	C	-0.34%
AAP	F	-0.34%
SITE	D	-0.33%
HAS	B	-0.32%
LOW	B	-0.31%
DRI	C	-0.3%
EXPE	C	-0.3%
NKE	D	-0.3%
NCLH	B	-0.29%
KMX	D	-0.28%
ORLY	B	-0.28%
EA	D	-0.27%
OLLI	C	-0.27%
CCL	C	-0.27%
AZO	B	-0.27%
TNL	C	-0.26%
CPRT	D	-0.25%
NWSA	D	-0.25%
WYNN	C	-0.24%
COTY	D	-0.24%
BJ	D	-0.24%
ABNB	D	-0.23%
LYFT	D	-0.23%
MGM	D	-0.22%
DG	F	-0.17%