EVNT vs. RULE ETF Comparison
Comparison of AltShares Event-Driven ETF (EVNT) to Adaptive Core ETF (RULE)
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
40
RULE
Adaptive Core ETF
RULE Description
Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).Grade (RS Rating)
Last Trade
$21.34
Average Daily Volume
6,538
28
Performance
| Period | EVNT | RULE |
|---|---|---|
| 30 Days | -1.58% | -3.14% |
| 60 Days | -1.75% | -2.87% |
| 90 Days | -1.18% | 2.16% |
| 12 Months | 5.04% | 11.62% |
0 Overlapping Holdings
| Symbol | Grade | Weight in EVNT | Weight in RULE | Overlap |
|---|
EVNT Overweight 40 Positions Relative to RULE
| 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% | |
| CTLT | C | 0.96% | |
| 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% | |
| SNOW | D | 0.45% | |
| ZLAB | F | 0.43% | |
| APA | F | 0.21% | |
| WSC | F | -0.77% | |
| SNPS | D | -1.53% |
EVNT Underweight 28 Positions Relative to RULE
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRWD | D | -5.33% | |
| APH | A | -3.8% | |
| META | D | -3.79% | |
| URI | D | -3.62% | |
| FCX | A | -3.61% | |
| WFC | B | -3.61% | |
| AAPL | C | -3.59% | |
| FSLR | B | -3.56% | |
| XOM | B | -3.54% | |
| K | B | -3.51% | |
| PAYX | D | -3.49% | |
| BK | A | -3.49% | |
| MCHP | A | -3.48% | |
| HUBS | D | -3.47% | |
| GD | A | -3.45% | |
| WM | C | -3.45% | |
| BRK.A | D | -3.45% | |
| WMB | B | -3.43% | |
| COF | B | -3.42% | |
| ETN | A | -3.37% | |
| CMI | C | -3.36% | |
| TGT | D | -3.34% | |
| LRCX | D | -3.28% | |
| LIN | D | -3.27% | |
| SQ | D | -3.15% | |
| CMG | A | -3.15% | |
| GPN | F | -2.69% | |
| NVDA | C | -1.64% |
EVNT: Top Represented Industries & Keywords
RULE: Top Represented Industries & Keywords
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