EVNT vs. SBIO ETF Comparison
Comparison of AltShares Event-Driven ETF (EVNT) to ALPS Medical Breakthroughs ETF (SBIO)
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
$9.77
Average Daily Volume
1,311
40
SBIO
ALPS Medical Breakthroughs ETF
SBIO Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Poliwogg Medical Breakthroughs IndexSM. The fund employs a "passive management" - or indexing - investment approach designed to track the performance of the underlying index. It will normally invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is comprised of small- and mid-cap stocks of biotechnology and pharmaceutical companies that have one or more drugs in either Phase II or Phase III U.S. Food and Drug Administration clinical trials. It is non-diversified.Grade (RS Rating)
Last Trade
$33.46
Average Daily Volume
11,519
84
Performance
| Period | EVNT | SBIO |
|---|---|---|
| 30 Days | -1.34% | -0.92% |
| 60 Days | -2.74% | -6.67% |
| 90 Days | -2.07% | -5.77% |
| 12 Months | 7.18% | 4.99% |
EVNT Overweight 37 Positions Relative to SBIO
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | 4.67% | |
| PXD | B | 4.56% | |
| OLK | C | 4.07% | |
| ANSS | D | 2.97% | |
| AXNX | D | 2.5% | |
| JNPR | D | 2.5% | |
| MDC | A | 2.5% | |
| CSTR | A | 2.26% | |
| SIMO | B | 2.02% | |
| MGRC | D | 2.02% | |
| X | D | 1.94% | |
| VFC | F | 1.86% | |
| CCI | D | 1.78% | |
| TGNA | B | 1.76% | |
| BA | F | 1.71% | |
| AMED | A | 1.49% | |
| PARA | C | 1.35% | |
| CZR | F | 1.25% | |
| EVBG | D | 1.24% | |
| CPRI | F | 1.2% | |
| SATS | C | 1.16% | |
| RIVN | F | 1.09% | |
| RAMP | F | 1.05% | |
| DOOR | A | 1.01% | |
| CTLT | D | 0.96% | |
| PACB | F | 0.94% | |
| BE | D | 0.89% | |
| PNM | C | 0.85% | |
| INTC | F | 0.82% | |
| VZIO | D | 0.73% | |
| DIS | D | 0.66% | |
| WBD | F | 0.63% | |
| PINS | B | 0.5% | |
| SNOW | F | 0.45% | |
| APA | F | 0.21% | |
| WSC | D | -0.77% | |
| SNPS | D | -1.53% |
EVNT Underweight 81 Positions Relative to SBIO
| Symbol | Grade | Weight | |
|---|---|---|---|
| VKTX | C | -5.12% | |
| PCVX | D | -4.5% | |
| RVMD | C | -4.16% | |
| ALPN | A | -2.73% | |
| ALKS | F | -2.57% | |
| CRNX | B | -2.35% | |
| AXSM | D | -2.27% | |
| XENE | D | -2.09% | |
| SWTX | D | -2.06% | |
| IDYA | D | -1.97% | |
| IMCR | F | -1.91% | |
| SMMT | B | -1.84% | |
| ACLX | F | -1.81% | |
| ACAD | F | -1.81% | |
| MRUS | C | -1.77% | |
| CLDX | D | -1.7% | |
| CORT | B | -1.67% | |
| RYTM | D | -1.59% | |
| VERA | C | -1.54% | |
| DNLI | F | -1.5% | |
| VCEL | B | -1.49% | |
| NTLA | F | -1.44% | |
| ARVN | F | -1.42% | |
| GERN | C | -1.39% | |
| DCPH | A | -1.32% | |
| KROS | D | -1.32% | |
| RNA | B | -1.31% | |
| GLPG | F | -1.26% | |
| AGIO | C | -1.25% | |
| SNDX | D | -1.2% | |
| EWTX | C | -1.15% | |
| CPRX | C | -1.14% | |
| INBX | D | -1.04% | |
| KURA | C | -1.01% | |
| DAWN | C | -0.99% | |
| PTGX | C | -0.96% | |
| MORF | F | -0.93% | |
| XNCR | C | -0.93% | |
| RCUS | F | -0.9% | |
| FDMT | D | -0.85% | |
| TARS | B | -0.84% | |
| IRWD | F | -0.84% | |
| VRNA | F | -0.82% | |
| VIR | F | -0.8% | |
| MIRM | F | -0.77% | |
| PRTA | F | -0.76% | |
| MNKD | D | -0.76% | |
| AKRO | F | -0.72% | |
| MDXG | D | -0.71% | |
| LQDA | D | -0.63% | |
| MGNX | F | -0.61% | |
| BCRX | D | -0.6% | |
| SPRY | C | -0.59% | |
| VRDN | F | -0.59% | |
| OPK | C | -0.58% | |
| ETNB | F | -0.53% | |
| ZNTL | F | -0.51% | |
| PLRX | F | -0.51% | |
| KNSA | C | -0.5% | |
| AUPH | F | -0.48% | |
| ARCT | F | -0.46% | |
| ANAB | C | -0.45% | |
| IRON | F | -0.45% | |
| SVRA | D | -0.41% | |
| AVTE | D | -0.37% | |
| OLMA | F | -0.36% | |
| MLYS | B | -0.35% | |
| CMPS | F | -0.34% | |
| ALEC | F | -0.33% | |
| ALLO | F | -0.32% | |
| FULC | D | -0.31% | |
| TVTX | F | -0.3% | |
| ITOS | B | -0.27% | |
| BMEA | F | -0.27% | |
| REPL | F | -0.26% | |
| AVXL | F | -0.2% | |
| INZY | F | -0.19% | |
| ENTA | D | -0.19% | |
| RAPT | F | -0.18% | |
| VNDA | B | -0.17% | |
| RPHM | D | -0.04% |
EVNT: Top Represented Industries & Keywords
SBIO: Top Represented Industries & Keywords
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