FFTY vs. EVNT ETF Comparison
Comparison of Innovator IBD 50 Fund ETF (FFTY) to AltShares Event-Driven ETF (EVNT)
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.
Grade (RS Rating)
Last Trade
$27.02
Average Daily Volume
65,521
50
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
$9.83
Average Daily Volume
946
40
Performance
| Period | FFTY | EVNT |
|---|---|---|
| 30 Days | -0.34% | -1.22% |
| 60 Days | -0.77% | -1.85% |
| 90 Days | 1.12% | -1.36% |
| 12 Months | 17.26% | 6.63% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FFTY | Weight in EVNT | Overlap |
|---|
FFTY Overweight 50 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| WING | A | 3.76% | |
| EME | A | 3.74% | |
| RCL | A | 3.62% | |
| PRCT | B | 3.58% | |
| FIX | A | 3.56% | |
| TDW | B | 3.52% | |
| OSCR | B | 3.5% | |
| NSSC | A | 3.28% | |
| AAON | C | 3.19% | |
| GCT | B | 3.14% | |
| PWR | A | 3.11% | |
| MMYT | B | 3.07% | |
| ETN | A | 3.04% | |
| LPG | B | 3.01% | |
| DDOG | C | 3.0% | |
| PR | B | 2.95% | |
| CLSK | D | 2.94% | |
| FTAI | B | 2.91% | |
| HUBS | D | 2.82% | |
| ACMR | D | 2.76% | |
| TMDX | B | 2.15% | |
| AXON | B | 2.1% | |
| FCNCA | B | 2.09% | |
| NTRA | A | 2.06% | |
| OWL | C | 2.04% | |
| IBKR | A | 2.02% | |
| ARES | B | 1.99% | |
| NVT | A | 1.98% | |
| AXP | B | 1.98% | |
| HUBB | D | 1.89% | |
| GOOGL | A | 1.04% | |
| GOOG | A | 1.04% | |
| AVAV | B | 1.03% | |
| IR | D | 1.02% | |
| PHM | B | 1.01% | |
| PDD | B | 1.0% | |
| ITCI | B | 1.0% | |
| C | B | 1.0% | |
| NCLH | F | 0.99% | |
| TCOM | B | 0.97% | |
| TXRH | B | 0.52% | |
| NVEI | B | 0.51% | |
| KSPI | B | 0.51% | |
| LMND | C | 0.5% | |
| CTAS | A | 0.5% | |
| BSX | A | 0.5% | |
| POWL | B | 0.49% | |
| DB | B | 0.49% | |
| APO | C | 0.49% | |
| WHD | B | 0.48% |
FFTY Underweight 40 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | -4.67% | |
| PXD | B | -4.56% | |
| OLK | D | -4.07% | |
| ANSS | D | -2.97% | |
| CERE | B | -2.67% | |
| AXNX | C | -2.5% | |
| JNPR | D | -2.5% | |
| MDC | A | -2.5% | |
| CSTR | A | -2.26% | |
| SIMO | C | -2.02% | |
| MGRC | D | -2.02% | |
| X | D | -1.94% | |
| VFC | F | -1.86% | |
| CCI | D | -1.78% | |
| TGNA | D | -1.76% | |
| BA | F | -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 | F | -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 | D | -0.66% | |
| WBD | F | -0.63% | |
| PINS | A | -0.5% | |
| SNOW | F | -0.45% | |
| ZLAB | F | -0.43% | |
| APA | F | -0.21% | |
| WSC | F | --0.77% | |
| SNPS | D | --1.53% |
FFTY: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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