EVNT vs. MFEM ETF Comparison
Comparison of AltShares Event-Driven ETF (EVNT) to PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM)
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
$9.85
Average Daily Volume
1,193
40
MFEM
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM Description
The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.Grade (RS Rating)
Last Trade
$20.84
Average Daily Volume
12,602
27
Performance
| Period | EVNT | MFEM |
|---|---|---|
| 30 Days | 1.90% | 10.35% |
| 60 Days | -0.47% | 7.62% |
| 90 Days | -1.62% | 9.18% |
| 12 Months | 5.90% | 18.28% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EVNT | Weight in MFEM | Overlap | |
|---|---|---|---|---|---|
| SIMO | C | 2.02% | 0.05% | 0.05% |
EVNT Overweight 39 Positions Relative to MFEM
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | C | 4.67% | |
| PXD | B | 4.56% | |
| OLK | C | 4.07% | |
| ANSS | D | 2.97% | |
| CERE | D | 2.67% | |
| AXNX | D | 2.5% | |
| JNPR | D | 2.5% | |
| MDC | A | 2.5% | |
| CSTR | A | 2.26% | |
| MGRC | D | 2.02% | |
| X | F | 1.94% | |
| VFC | F | 1.86% | |
| CCI | D | 1.78% | |
| TGNA | C | 1.76% | |
| BA | D | 1.71% | |
| AMED | C | 1.49% | |
| PARA | D | 1.35% | |
| CZR | F | 1.25% | |
| EVBG | C | 1.24% | |
| CPRI | F | 1.2% | |
| SATS | C | 1.16% | |
| RIVN | D | 1.09% | |
| AURA | F | 1.09% | |
| RAMP | F | 1.05% | |
| DOOR | A | 1.01% | |
| CTLT | D | 0.96% | |
| PACB | F | 0.94% | |
| BE | C | 0.89% | |
| PNM | D | 0.85% | |
| INTC | F | 0.82% | |
| VZIO | D | 0.73% | |
| DIS | D | 0.66% | |
| WBD | F | 0.63% | |
| PINS | B | 0.5% | |
| SNOW | D | 0.45% | |
| ZLAB | D | 0.43% | |
| APA | F | 0.21% | |
| WSC | F | -0.77% | |
| SNPS | C | -1.53% |
EVNT Underweight 26 Positions Relative to MFEM
| Symbol | Grade | Weight | |
|---|---|---|---|
| VALE | C | -0.62% | |
| TME | B | -0.46% | |
| SHG | C | -0.44% | |
| KB | B | -0.35% | |
| CHT | B | -0.35% | |
| PDD | B | -0.33% | |
| KT | D | -0.29% | |
| SKM | C | -0.25% | |
| KEP | D | -0.23% | |
| GGB | C | -0.19% | |
| BCH | B | -0.16% | |
| ZTO | C | -0.15% | |
| VIPS | D | -0.14% | |
| LPL | F | -0.14% | |
| SBSW | C | -0.13% | |
| BRFS | B | -0.13% | |
| LI | F | -0.13% | |
| WIT | D | -0.11% | |
| YUMC | D | -0.08% | |
| FN | B | -0.07% | |
| SGRP | C | -0.07% | |
| ASAI | D | -0.06% | |
| CAR | D | -0.04% | |
| AKO.A | C | -0.03% | |
| SBLK | B | -0.03% | |
| NIO | D | -0.03% |
EVNT: Top Represented Industries & Keywords
MFEM: Top Represented Industries & Keywords
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