EVNT vs. ILDR ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to First Trust Innovation Leaders ETF (ILDR)

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

$9.68

Average Daily Volume

2,069

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ILDR

First Trust Innovation Leaders ETF

ILDR Description

First Trust Innovation Leaders ETF is an exchange-traded fund incorporated in the USA. The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. The fund’s investments will be concentrated in the information technology sector, and therefore, may be concentrated in one or more industries within the information technology sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.15

Average Daily Volume

6,477

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	ILDR
30 Days	-2.27%	-3.84%
60 Days	-3.35%	-1.85%
90 Days	-3.49%	4.47%
12 Months	1.49%	31.00%

0 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in ILDR	Overlap

EVNT Overweight 40 Positions Relative to ILDR

Symbol	Grade	Weight
HES	A	4.67%
PXD	A	4.56%
OLK	C	4.07%
ANSS	C	2.97%
CERE	B	2.67%
AXNX	C	2.5%
JNPR	C	2.5%
MDC	A	2.5%
CSTR	A	2.26%
SIMO	B	2.02%
MGRC	C	2.02%
X	D	1.94%
VFC	F	1.86%
CCI	D	1.78%
TGNA	F	1.76%
BA	F	1.71%
AMED	D	1.49%
PARA	F	1.35%
CZR	F	1.25%
EVBG	A	1.24%
CPRI	F	1.2%
SATS	B	1.16%
RIVN	F	1.09%
AURA	F	1.09%
RAMP	D	1.05%
DOOR	A	1.01%
CTLT	C	0.96%
PACB	F	0.94%
BE	D	0.89%
PNM	F	0.85%
INTC	F	0.82%
VZIO	A	0.73%
DIS	B	0.66%
WBD	F	0.63%
PINS	D	0.5%
SNOW	F	0.45%
ZLAB	F	0.43%
APA	B	0.21%
WSC	D	-0.77%
SNPS	D	-1.53%

EVNT Underweight 62 Positions Relative to ILDR

Symbol	Grade	Weight
NVDA	A	-6.65%
GOOG	A	-5.77%
MSFT	B	-5.73%
AMZN	A	-4.47%
UBER	C	-3.69%
NOW	C	-3.45%
ORCL	B	-3.31%
AVGO	B	-2.72%
META	A	-2.72%
BMRN	A	-1.97%
TMO	C	-1.92%
ANET	C	-1.79%
MU	A	-1.71%
V	C	-1.69%
REGN	C	-1.65%
WDAY	D	-1.62%
CRWD	D	-1.6%
GTLS	A	-1.56%
PLTR	D	-1.54%
AVTR	B	-1.43%
PCTY	F	-1.4%
VRTX	C	-1.37%
TOST	B	-1.37%
TW	C	-1.27%
NFLX	A	-1.26%
EMR	B	-1.22%
PSTG	A	-1.17%
DDOG	C	-1.17%
ZS	F	-1.11%
ALNY	F	-1.09%
DT	D	-1.06%
NOC	D	-1.03%
MRVL	D	-1.02%
ACN	D	-1.0%
AVAV	A	-1.0%
SWTX	D	-0.95%
AKAM	D	-0.94%
MIRM	F	-0.93%
LHX	C	-0.9%
ISRG	C	-0.88%
TTD	B	-0.85%
TEL	B	-0.82%
SQ	D	-0.81%
SHOP	D	-0.8%
FOLD	D	-0.8%
HALO	D	-0.79%
ALGN	B	-0.79%
CFLT	F	-0.78%
CYBR	C	-0.75%
TRIP	C	-0.71%
MDB	F	-0.71%
RMBS	D	-0.67%
DXCM	A	-0.66%
TSLA	F	-0.58%
RCUS	F	-0.56%
CIEN	F	-0.53%
FLGT	F	-0.5%
PWSC	F	-0.39%
REPL	F	-0.38%
ZI	D	-0.36%
ARRY	F	-0.27%
INMD	F	-0.25%