SBIO vs. EVNT ETF Comparison

Comparison of ALPS Medical Breakthroughs ETF (SBIO) to AltShares Event-Driven ETF (EVNT)
SBIO

ALPS Medical Breakthroughs ETF

SBIO Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Poliwogg Medical Breakthroughs IndexSM. The fund employs a "passive management" - or indexing - investment approach designed to track the performance of the underlying index. It will normally invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is comprised of small- and mid-cap stocks of biotechnology and pharmaceutical companies that have one or more drugs in either Phase II or Phase III U.S. Food and Drug Administration clinical trials. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.45

Average Daily Volume

12,429

Number of Holdings *

84

* 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

$9.82

Average Daily Volume

1,026

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period SBIO EVNT
30 Days 0.25% -1.58%
60 Days -8.48% -1.75%
90 Days 2.87% -1.18%
12 Months 10.14% 5.04%
3 Overlapping Holdings
Symbol Grade Weight in SBIO Weight in EVNT Overlap
AURA D 0.25% 1.09% 0.25%
CERE A 4.98% 2.67% 2.67%
ZLAB F 1.06% 0.43% 0.43%
SBIO Overweight 81 Positions Relative to EVNT
Symbol Grade Weight
VKTX C 5.12%
PCVX D 4.5%
RVMD A 4.16%
ALPN A 2.73%
ALKS F 2.57%
CRNX A 2.35%
AXSM C 2.27%
XENE C 2.09%
SWTX D 2.06%
IDYA D 1.97%
IMCR D 1.91%
SMMT C 1.84%
ACLX D 1.81%
ACAD F 1.81%
MRUS C 1.77%
CLDX C 1.7%
CORT D 1.67%
RYTM C 1.59%
VERA C 1.54%
DNLI F 1.5%
VCEL C 1.49%
NTLA F 1.44%
ARVN D 1.42%
GERN B 1.39%
DCPH A 1.32%
KROS D 1.32%
RNA A 1.31%
GLPG F 1.26%
AGIO A 1.25%
SNDX D 1.2%
EWTX B 1.15%
CPRX D 1.14%
INBX D 1.04%
KURA D 1.01%
DAWN A 0.99%
PTGX D 0.96%
MORF F 0.93%
XNCR C 0.93%
RCUS F 0.9%
FDMT D 0.85%
TARS C 0.84%
IRWD F 0.84%
VRNA D 0.82%
VIR C 0.8%
MIRM D 0.77%
PRTA F 0.76%
MNKD D 0.76%
AKRO F 0.72%
MDXG D 0.71%
LQDA D 0.63%
MGNX D 0.61%
BCRX F 0.6%
SPRY C 0.59%
VRDN F 0.59%
OPK C 0.58%
ETNB F 0.53%
ZNTL F 0.51%
PLRX F 0.51%
KNSA C 0.5%
AUPH F 0.48%
ARCT F 0.46%
ANAB B 0.45%
IRON F 0.45%
SVRA D 0.41%
AVTE D 0.37%
OLMA F 0.36%
MLYS D 0.35%
CMPS D 0.34%
ALEC F 0.33%
ALLO F 0.32%
FULC D 0.31%
TVTX F 0.3%
ITOS C 0.27%
BMEA F 0.27%
REPL F 0.26%
AVXL F 0.2%
INZY D 0.19%
ENTA C 0.19%
RAPT F 0.18%
VNDA B 0.17%
RPHM D 0.04%
SBIO Underweight 37 Positions Relative to EVNT
Symbol Grade Weight
HES B -4.67%
PXD B -4.56%
OLK D -4.07%
ANSS D -2.97%
AXNX C -2.5%
JNPR D -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 C -1.35%
CZR F -1.25%
EVBG B -1.24%
CPRI F -1.2%
SATS B -1.16%
RIVN 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 C -0.66%
WBD F -0.63%
PINS A -0.5%
SNOW D -0.45%
APA F -0.21%
WSC F --0.77%
SNPS D --1.53%
Compare ETFs