IAK vs. EVNT ETF Comparison

Comparison of iShares U.S. Insurance ETF (IAK) to AltShares Event-Driven ETF (EVNT)
IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$134.89

Average Daily Volume

63,391

Number of Holdings *

52

* may have additional holdings in another (foreign) market
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

$10.65

Average Daily Volume

347

Number of Holdings *

44

* may have additional holdings in another (foreign) market
Performance
Period IAK EVNT
30 Days 2.97% 0.05%
60 Days 4.45% 0.76%
90 Days 8.45% 1.91%
12 Months 38.87% 7.25%
0 Overlapping Holdings
Symbol Grade Weight in IAK Weight in EVNT Overlap
IAK Overweight 52 Positions Relative to EVNT
Symbol Grade Weight
PGR A 16.35%
CB C 11.69%
TRV B 6.34%
AFL B 6.0%
MET A 4.7%
PRU A 4.66%
ALL A 4.52%
AIG B 4.47%
HIG B 4.02%
ACGL C 3.88%
CINF A 2.76%
MKL A 2.61%
PFG D 2.17%
WRB A 2.12%
FNF B 1.82%
L A 1.78%
UNM A 1.42%
AIZ A 1.32%
KNSL B 1.24%
AFG A 1.21%
ERIE D 1.2%
PRI B 1.19%
GL C 1.16%
ORI A 1.05%
RLI A 0.87%
FAF A 0.79%
AXS A 0.78%
SIGI C 0.72%
THG A 0.7%
LNC C 0.6%
WTM A 0.58%
AGO B 0.54%
KMPR A 0.51%
CNO B 0.49%
BHF C 0.37%
OSCR D 0.36%
GNW A 0.35%
PLMR A 0.33%
STC B 0.24%
MCY A 0.24%
TRUP B 0.21%
LMND B 0.21%
HMN B 0.2%
SKWD A 0.2%
EIG B 0.16%
SAFT B 0.16%
CNA C 0.14%
AMSF B 0.14%
PRA C 0.1%
AMBC C 0.08%
UFCS A 0.06%
JRVR F 0.03%
IAK Underweight 44 Positions Relative to EVNT
Symbol Grade Weight
HES B -4.35%
CTLT C -3.94%
HA A -3.73%
HCP B -3.69%
JNPR D -3.35%
PETQ A -3.29%
AMED F -3.17%
PRFT B -3.16%
AXNX A -2.98%
ANSS B -2.82%
CHX C -2.68%
MGRC B -2.56%
SRCL B -2.55%
X B -1.88%
CCI C -1.78%
INST B -1.77%
K A -1.74%
MRO B -1.54%
ENV B -1.51%
EDR A -1.48%
SILK A -1.46%
ESGR B -1.4%
VZIO A -1.21%
RCM A -1.19%
DIS B -1.07%
SQSP A -0.98%
CHUY B -0.96%
CPRI F -0.92%
AURA C -0.86%
PVH C -0.85%
PARA C -0.83%
CZR F -0.81%
PACB F -0.81%
VFC C -0.78%
GTHX A -0.77%
WBD B -0.76%
RIVN F -0.76%
SNOW B -0.74%
EVRI A -0.7%
BE B -0.51%
ACI C -0.42%
CLSD F -0.33%
WSC F --0.9%
SNPS B --1.24%
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