EVNT vs. INNO ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to Harbor Disruptive Innovation ETF (INNO)

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 ^*

40

* may have additional holdings in another (foreign) market

INNO

Harbor Disruptive Innovation ETF

INNO Description

INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.

Grade (RS Rating)

Last Trade

$15.27

Average Daily Volume

2,559

Number of Holdings ^*

81

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	INNO
30 Days	-1.58%	-4.65%
60 Days	-1.75%	-6.46%
90 Days	-1.18%	0.96%
12 Months	5.04%	26.46%

2 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in INNO	Overlap
	CTLT	C	0.96%	0.79%	0.79%
	SNOW	D	0.45%	1.0%	0.45%

EVNT Overweight 38 Positions Relative to INNO

	Symbol	Grade	Weight
	HES	B	4.67%
	PXD	B	4.56%
	OLK	D	4.07%
	ANSS	D	2.97%
	CERE	A	2.67%
	AXNX	C	2.5%
	JNPR	D	2.5%
	MDC	A	2.5%
	CSTR	A	2.26%
	SIMO	D	2.02%
	MGRC	D	2.02%
	X	F	1.94%
	VFC	F	1.86%
	CCI	D	1.78%
	TGNA	D	1.76%
	BA	D	1.71%
	AMED	D	1.49%
	PARA	C	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%
	PACB	F	0.94%
	BE	C	0.89%
	PNM	C	0.85%
	INTC	F	0.82%
	VZIO	D	0.73%
	DIS	C	0.66%
	WBD	F	0.63%
	PINS	A	0.5%
	ZLAB	F	0.43%
	APA	F	0.21%
	WSC	F	-0.77%
	SNPS	D	-1.53%

EVNT Underweight 79 Positions Relative to INNO

	Symbol	Grade	Weight
	LRCX	D	-3.83%
	GOOG	A	-3.14%
	NOW	D	-2.9%
	NVDA	C	-2.65%
	PGR	B	-2.6%
	LIN	D	-2.4%
	DHR	C	-2.4%
	AMD	D	-2.39%
	CDNS	D	-2.35%
	AMZN	A	-2.34%
	SHOP	D	-2.31%
	TXN	A	-2.25%
	URI	D	-2.2%
	MELI	C	-2.06%
	DASH	D	-1.99%
	IOT	B	-1.85%
	GOOGL	A	-1.84%
	MSFT	C	-1.79%
	DXCM	D	-1.65%
	CRM	D	-1.64%
	ASND	D	-1.64%
	NET	F	-1.58%
	CMG	A	-1.53%
	PCOR	D	-1.52%
	RCKT	D	-1.48%
	META	D	-1.27%
	KRYS	D	-1.26%
	AMAT	C	-1.21%
	AUTL	F	-1.17%
	TOST	D	-1.15%
	IOVA	D	-1.1%
	HUBS	D	-1.05%
	DDOG	C	-1.04%
	CGNX	B	-1.04%
	TMO	C	-1.0%
	RNA	A	-0.98%
	MRNA	B	-0.94%
	GTLS	C	-0.92%
	LSCC	D	-0.9%
	BCYC	C	-0.78%
	ARVN	D	-0.77%
	ICLR	D	-0.75%
	RGNX	F	-0.72%
	KYMR	D	-0.69%
	UBER	D	-0.68%
	MDB	F	-0.66%
	GTLB	F	-0.64%
	NICE	D	-0.64%
	CCCC	D	-0.62%
	BSY	B	-0.62%
	ARWR	F	-0.62%
	SMAR	D	-0.59%
	TEAM	F	-0.59%
	PANW	B	-0.58%
	DT	F	-0.52%
	INSP	B	-0.5%
	MNDY	D	-0.49%
	LLY	D	-0.48%
	WDAY	D	-0.46%
	SQ	D	-0.42%
	ZS	D	-0.41%
	SAP	D	-0.41%
	LEGN	F	-0.41%
	S	D	-0.41%
	DKNG	D	-0.41%
	OKTA	D	-0.4%
	HUBB	D	-0.39%
	IDXX	F	-0.39%
	SE	B	-0.38%
	NTLA	F	-0.37%
	PODD	D	-0.28%
	REPL	F	-0.27%
	ALLO	F	-0.27%
	LNTH	B	-0.26%
	RPTX	F	-0.2%
	ADAP	D	-0.2%
	PCVX	D	-0.16%
	QURE	F	-0.16%
	FATE	D	-0.08%

EVNT: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Oil & Gas E&P Apparel Manufacturing Communication Equipment Diagnostics & Research Entertainment Rental & Leasing Services Semiconductors Aerospace & Defense Auto Manufacturers Banks - Regional - US Broadcasting - TV Building Materials Consumer Electronics Drug Manufacturers - Specialty & Generic Information Technology Services Internet Content & Information Media - Diversified Medical Care

Keywords: S&P 500 Computing Nasdaq 100 Biotechnology Electronics Natural Gas Telecommunications Television Biopharmaceutical Dow Jones Component Electricity Semiconductor Aerospace Banking Bioinformatics Biology Building Engineering Cancer Communications Equipment Crude Oil

INNO: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Diagnostics & Research Software - Infrastructure Semiconductors Internet Content & Information Medical Devices Semiconductor Equipment & Materials Specialty Retail Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Electronic Components Electronic Gaming & Multimedia Gambling Insurance - Property & Casualty Internet Content & Information Metal Fabrication Rental & Leasing Services Restaurants Scientific & Technical Instruments

Keywords: S&P 500 Nasdaq 100 Computing Biotechnology Biopharmaceutical Medicine Cancer Life Sciences Software As A Service Biology Cloud Computing Disease Mobile Devices Software Work From Home Clinical Medicine Cloud Infrastructure Information Technology Management Semiconductor Artificial Intelligence