EVNT vs. QABA ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

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

QABA

First Trust NASDAQ ABA Community Bank Index Fund

QABA 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 NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.18

Average Daily Volume

32,655

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	QABA
30 Days	1.78%	-2.46%
60 Days	2.42%	-4.34%
90 Days	6.97%	14.06%
12 Months	10.21%	34.75%

0 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in QABA	Overlap

EVNT Overweight 41 Positions Relative to QABA

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%
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%
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 120 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	D	-4.38%
WTFC	C	-3.95%
FFIN	C	-2.99%
UMBF	C	-2.86%
UBSI	D	-2.81%
OZK	F	-2.66%
HWC	D	-2.44%
IBOC	D	-2.1%
TFSL	D	-2.01%
BANF	C	-1.96%
FULT	D	-1.85%
TCBI	C	-1.83%
FIBK	C	-1.78%
CATY	C	-1.72%
WSFS	D	-1.71%
FHB	D	-1.67%
WAFD	D	-1.57%
SFNC	C	-1.49%
TBBK	C	-1.43%
TOWN	D	-1.41%
INDB	D	-1.41%
CVBF	D	-1.4%
PPBI	D	-1.35%
FFBC	D	-1.33%
SBCF	D	-1.28%
FRME	D	-1.2%
NBTB	D	-1.17%
BANR	C	-1.16%
MBIN	D	-1.14%
TRMK	D	-1.1%
EFSC	D	-1.07%
SYBT	C	-1.03%
WSBC	D	-1.0%
CLBK	D	-1.0%
FBNC	C	-0.99%
CHCO	D	-0.96%
NWBI	D	-0.94%
LKFN	D	-0.94%
CASH	D	-0.92%
STBA	D	-0.91%
HOPE	D	-0.85%
BUSE	D	-0.84%
SASR	C	-0.81%
SRCE	D	-0.81%
TCBK	D	-0.79%
VBTX	C	-0.78%
WABC	D	-0.73%
QCRH	D	-0.7%
GABC	D	-0.65%
RBCAA	C	-0.62%
DCOM	C	-0.62%
PFBC	D	-0.6%
PEBO	D	-0.6%
OCFC	B	-0.58%
SBSI	D	-0.56%
CNOB	C	-0.54%
AMAL	D	-0.53%
BHRB	D	-0.53%
FMBH	D	-0.52%
BFC	D	-0.5%
BRKL	C	-0.5%
CTBI	D	-0.49%
CFB	D	-0.47%
PFC	D	-0.47%
UVSP	C	-0.46%
FCBC	D	-0.44%
CFFN	D	-0.43%
HFWA	D	-0.42%
OSBC	D	-0.4%
IBCP	D	-0.39%
MBWM	D	-0.39%
ORRF	B	-0.38%
HBNC	D	-0.38%
EGBN	D	-0.38%
GSBC	D	-0.38%
CCB	B	-0.38%
BFST	C	-0.36%
SMBC	C	-0.35%
FSBC	C	-0.35%
TRST	D	-0.35%
CCBG	C	-0.34%
HTBI	D	-0.34%
HTBK	D	-0.34%
CASS	D	-0.32%
HONE	D	-0.32%
HAFC	D	-0.32%
CAC	C	-0.32%
NBN	B	-0.31%
WASH	C	-0.31%
FMNB	D	-0.31%
HIFS	D	-0.3%
SPFI	C	-0.3%
CCNE	D	-0.29%
THFF	D	-0.29%
ESQ	B	-0.29%
MPB	C	-0.28%
NFBK	D	-0.28%
AROW	D	-0.27%
PGC	D	-0.27%
BCAL	F	-0.26%
SHBI	C	-0.26%
MSBI	D	-0.26%
KRNY	D	-0.25%
MOFG	D	-0.25%
BSRR	D	-0.24%
RBB	C	-0.23%
FFIC	D	-0.23%
EBTC	B	-0.22%
CARE	C	-0.22%
FISI	C	-0.22%
TCBX	C	-0.21%
BWB	C	-0.21%
NRIM	C	-0.21%
BMRC	D	-0.19%
NECB	B	-0.18%
NEWT	D	-0.17%
WSBF	C	-0.17%
INBK	D	-0.17%
FRST	C	-0.17%
FLIC	C	-0.16%