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

Number of Holdings *

22

* 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

$10.67

Average Daily Volume

482

Number of Holdings *

44

* may have additional holdings in another (foreign) market
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%
3 Overlapping Holdings
Symbol Grade Weight in LTL Weight in EVNT Overlap
DIS B 3.75% 1.07% 1.07%
PARA C 0.74% 0.83% 0.74%
WBD C 2.49% 0.76% 0.76%
LTL Overweight 19 Positions Relative to EVNT
Symbol Grade Weight
META D 13.63%
GOOGL C 7.87%
GOOG C 6.5%
NFLX A 5.0%
TTWO A 3.52%
TMUS B 3.5%
CHTR C 3.39%
EA A 3.36%
CMCSA B 3.25%
T A 3.18%
VZ C 2.84%
LYV A 2.45%
OMC C 2.27%
NWSA B 1.28%
IPG D 1.22%
FOXA B 1.2%
MTCH D 0.93%
FOX A 0.66%
NWS B 0.42%
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%
Compare ETFs