KRE vs. EVNT ETF Comparison

Comparison of SPDR S&P Regional Banking ETF (KRE) to AltShares Event-Driven ETF (EVNT)

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.53

Average Daily Volume

13,257,554

Number of Holdings ^*

139

* 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

$9.77

Average Daily Volume

1,089

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KRE	EVNT
30 Days	-2.15%	-3.37%
60 Days	2.11%	-2.21%
90 Days	0.96%	-1.91%
12 Months	28.41%	4.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in KRE	Weight in EVNT	Overlap

KRE Overweight 139 Positions Relative to EVNT

Symbol	Grade	Weight
OZK	A	2.55%
MTB	A	2.54%
TFC	A	2.53%
CFG	A	2.51%
HBAN	A	2.5%
FHN	A	2.48%
ZION	A	2.44%
RF	B	2.43%
WBS	D	2.42%
EWBC	A	2.42%
WAL	C	2.42%
NYCB	F	2.27%
SNV	C	2.25%
CADE	A	2.08%
CFR	B	2.04%
COLB	B	1.97%
PB	A	1.86%
PNFP	D	1.85%
WTFC	C	1.76%
VLY	F	1.74%
AX	A	1.67%
SSB	D	1.58%
ONB	A	1.57%
BPOP	A	1.57%
ASB	A	1.47%
BANC	D	1.47%
BKU	A	1.37%
TCBI	D	1.34%
CBSH	A	1.28%
HOMB	A	1.22%
GBCI	D	1.22%
FNB	B	1.2%
UBSI	D	1.09%
HWC	A	1.06%
BOH	D	1.03%
FBP	A	0.98%
ABCB	A	0.93%
FIBK	A	0.91%
TBBK	F	0.86%
UMBF	B	0.85%
UCBI	B	0.8%
FULT	A	0.79%
FHB	A	0.76%
CVBF	D	0.75%
CUBI	D	0.72%
FFIN	D	0.69%
INDB	B	0.68%
CBU	D	0.65%
BOKF	A	0.65%
WSFS	A	0.63%
PPBI	D	0.59%
IBOC	A	0.56%
SFBS	D	0.54%
CATY	F	0.51%
EBC	D	0.5%
SBCF	D	0.5%
AUB	D	0.49%
HTH	D	0.49%
PFS	B	0.47%
WAFD	D	0.46%
IBTX	F	0.46%
SFNC	D	0.45%
BANR	D	0.43%
CASH	B	0.42%
NWBI	D	0.41%
HOPE	D	0.4%
VBTX	B	0.39%
FRME	A	0.39%
FFBC	A	0.38%
OFG	A	0.38%
TRMK	A	0.36%
RNST	D	0.35%
WABC	A	0.35%
HTLF	A	0.34%
CHCO	A	0.33%
FCF	A	0.33%
LOB	F	0.33%
LKFN	C	0.32%
NBTB	A	0.32%
BANF	A	0.3%
PRK	A	0.3%
PFBC	A	0.3%
EFSC	D	0.29%
TOWN	B	0.29%
NBHC	D	0.28%
EGBN	F	0.26%
FBK	B	0.26%
WSBC	D	0.26%
FFWM	F	0.25%
STBA	B	0.25%
MCB	B	0.25%
CFFN	D	0.24%
FBNC	D	0.24%
BHLB	A	0.23%
BRKL	F	0.23%
SASR	D	0.23%
OCFC	F	0.23%
DCOM	B	0.22%
TFSL	B	0.2%
HAFC	B	0.19%
BUSE	B	0.18%
HFWA	C	0.17%
SBSI	D	0.17%
AMAL	A	0.17%
PEBO	A	0.17%
FBMS	F	0.16%
SYBT	A	0.16%
TMP	D	0.16%
CNOB	F	0.16%
TCBK	A	0.15%
NIC	D	0.14%
HTBK	D	0.14%
OBK	A	0.14%
SRCE	B	0.14%
CPF	A	0.14%
LBAI	B	0.14%
OSBC	B	0.13%
PFC	A	0.13%
QCRH	D	0.13%
KRNY	F	0.12%
WASH	B	0.12%
MBWM	B	0.12%
UVSP	A	0.11%
BY	A	0.11%
CTBI	A	0.1%
CFB	C	0.1%
IBCP	A	0.1%
HBNC	B	0.1%
PGC	F	0.1%
FFIC	F	0.1%
TRST	C	0.1%
AMTB	A	0.09%
GSBC	B	0.08%
THFF	D	0.08%
CCB	B	0.08%
HONE	A	0.07%
MSBI	D	0.07%
CAC	C	0.06%
CLBK	F	0.06%

KRE Underweight 40 Positions Relative to EVNT

Symbol	Grade	Weight
HES	A	-4.67%
PXD	A	-4.56%
OLK	C	-4.07%
ANSS	D	-2.97%
CERE	A	-2.67%
AXNX	B	-2.5%
JNPR	C	-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	B	-1.35%
CZR	F	-1.25%
EVBG	A	-1.24%
CPRI	F	-1.2%
SATS	A	-1.16%
RIVN	F	-1.09%
AURA	D	-1.09%
RAMP	F	-1.05%
DOOR	A	-1.01%
CTLT	C	-0.96%
PACB	F	-0.94%
BE	B	-0.89%
PNM	C	-0.85%
INTC	F	-0.82%
VZIO	C	-0.73%
DIS	D	-0.66%
WBD	F	-0.63%
PINS	B	-0.5%
SNOW	D	-0.45%
ZLAB	F	-0.43%
APA	F	-0.21%
WSC	F	--0.77%
SNPS	D	--1.53%