LTL vs. EVNT ETF Comparison
Comparison of ProShares Ultra Telecommunications ProShares (LTL) to AltShares Event-Driven ETF (EVNT)
LTL
ProShares Ultra Telecommunications ProShares
LTL Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Select TelecommunicationsSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of U.S. stock market performance of fixed line (regional and long-distance carriers) and mobile telephone services (cellular, satellite and paging services). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$84.24
Average Daily Volume
2,861
22
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
$10.67
Average Daily Volume
482
44
Performance
Period | LTL | EVNT |
---|---|---|
30 Days | 14.49% | 0.52% |
60 Days | 17.58% | 0.81% |
90 Days | 20.86% | 2.10% |
12 Months | 72.67% | 7.44% |
LTL Underweight 41 Positions Relative to EVNT
Symbol | Grade | Weight | |
---|---|---|---|
HES | B | -4.35% | |
CTLT | B | -3.94% | |
HA | D | -3.73% | |
HCP | B | -3.69% | |
JNPR | F | -3.35% | |
PETQ | D | -3.29% | |
AMED | F | -3.17% | |
PRFT | D | -3.16% | |
AXNX | C | -2.98% | |
ANSS | B | -2.82% | |
CHX | C | -2.68% | |
MGRC | B | -2.56% | |
SRCL | C | -2.55% | |
X | C | -1.88% | |
CCI | D | -1.78% | |
INST | C | -1.77% | |
K | A | -1.74% | |
MRO | B | -1.54% | |
ENV | B | -1.51% | |
EDR | A | -1.48% | |
SILK | F | -1.46% | |
ESGR | B | -1.4% | |
VZIO | A | -1.21% | |
RCM | F | -1.19% | |
SQSP | F | -0.98% | |
CHUY | D | -0.96% | |
CPRI | F | -0.92% | |
AURA | D | -0.86% | |
PVH | C | -0.85% | |
CZR | F | -0.81% | |
PACB | F | -0.81% | |
VFC | C | -0.78% | |
GTHX | D | -0.77% | |
RIVN | F | -0.76% | |
SNOW | C | -0.74% | |
EVRI | A | -0.7% | |
BE | B | -0.51% | |
ACI | C | -0.42% | |
CLSD | F | -0.33% | |
WSC | D | --0.9% | |
SNPS | B | --1.24% |
LTL: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords