EVNT vs. PSCD ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to PowerShares S&P SmallCap Consumer Discretionary Portfolio (PSCD)

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

PSCD

PowerShares S&P SmallCap Consumer Discretionary Portfolio

PSCD Description

The PowerShares S&P SmallCap Consumer Discretionary Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Consumer Discretionary Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US consumer discretionary companies. These companies are principally engaged in providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$111.05

Average Daily Volume

830

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	PSCD
30 Days	1.78%	4.20%
60 Days	2.42%	1.29%
90 Days	6.97%	10.23%
12 Months	10.21%	31.68%

2 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in PSCD	Overlap
	FL	F	1.69%	1.3%	1.3%
	VFC	B	1.56%	3.45%	1.56%

EVNT Overweight 39 Positions Relative to PSCD

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%
CZR	C	2.1%
PRFT	B	2.07%
X	F	1.96%
PVH	D	1.87%
CCI	C	1.69%
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%
WBD	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 79 Positions Relative to PSCD

Symbol	Grade	Weight
MTH	C	-4.14%
IBP	C	-3.15%
BOOT	B	-2.86%
GPI	B	-2.84%
MHO	B	-2.64%
ABG	D	-2.54%
ASO	D	-2.5%
SIG	C	-2.38%
TPH	C	-2.38%
SHAK	C	-2.26%
KTB	B	-2.19%
AEO	D	-2.11%
FTDR	B	-2.11%
EAT	C	-1.91%
CVCO	B	-1.9%
LRN	B	-1.9%
SHOO	B	-1.83%
DORM	C	-1.8%
PATK	C	-1.73%
LCII	C	-1.72%
PENN	D	-1.68%
CCS	C	-1.63%
NWL	C	-1.59%
ATGE	C	-1.58%
AAP	F	-1.37%
HBI	A	-1.37%
LGIH	D	-1.36%
PHIN	C	-1.28%
VSTO	C	-1.28%
URBN	F	-1.17%
KSS	D	-1.16%
STRA	F	-1.14%
GRBK	B	-1.13%
VSCO	C	-1.12%
LZB	C	-1.04%
CAKE	B	-1.02%
FOXF	F	-1.0%
LEG	D	-0.99%
WGO	D	-0.97%
PZZA	D	-0.92%
SONO	F	-0.87%
THRM	F	-0.86%
MODG	F	-0.85%
PRDO	D	-0.82%
BLMN	F	-0.81%
WOR	F	-0.79%
SBH	B	-0.78%
BKE	B	-0.73%
GIII	D	-0.71%
OXM	F	-0.71%
DAN	D	-0.71%
WWW	A	-0.69%
SABR	C	-0.69%
CAL	F	-0.62%
PLAY	D	-0.58%
MCRI	B	-0.56%
CBRL	D	-0.52%
XPEL	D	-0.51%
ODP	F	-0.51%
JACK	F	-0.48%
SAH	D	-0.48%
EYE	F	-0.47%
MNRO	C	-0.45%
SCVL	C	-0.45%
BJRI	D	-0.43%
RGR	F	-0.41%
ETH	D	-0.41%
AXL	F	-0.4%
HZO	C	-0.4%
GDEN	D	-0.38%
SMP	D	-0.36%
CHUY	C	-0.36%
MCW	F	-0.34%
LESL	F	-0.3%
GES	F	-0.29%
DIN	D	-0.26%
HVT	F	-0.21%
MOV	F	-0.17%
DBI	F	-0.16%