SPHB vs. EVNT ETF Comparison
Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to AltShares Event-Driven ETF (EVNT)
SPHB
PowerShares S&P 500 High Beta Portfolio
SPHB Description
The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$81.88
Average Daily Volume
621,595
96
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
40
Performance
| Period | SPHB | EVNT |
|---|---|---|
| 30 Days | -4.35% | -1.58% |
| 60 Days | -3.83% | -1.75% |
| 90 Days | 0.39% | -1.18% |
| 12 Months | 25.85% | 5.04% |
SPHB Overweight 90 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | 1.56% | |
| CMA | A | 1.51% | |
| GNRC | B | 1.47% | |
| KEY | B | 1.38% | |
| ALGN | F | 1.37% | |
| MPWR | B | 1.35% | |
| TSLA | D | 1.34% | |
| NCLH | F | 1.34% | |
| CCL | F | 1.34% | |
| CFG | A | 1.31% | |
| ZBRA | A | 1.31% | |
| TER | A | 1.29% | |
| ENPH | F | 1.29% | |
| KLAC | C | 1.26% | |
| TFC | A | 1.26% | |
| FCX | B | 1.25% | |
| ALB | D | 1.23% | |
| AMAT | C | 1.2% | |
| RCL | A | 1.19% | |
| URI | D | 1.18% | |
| USB | D | 1.17% | |
| ABNB | D | 1.16% | |
| AMD | D | 1.16% | |
| FITB | A | 1.15% | |
| MCHP | A | 1.14% | |
| LRCX | D | 1.13% | |
| BLDR | C | 1.13% | |
| PYPL | A | 1.12% | |
| NXPI | B | 1.12% | |
| RF | A | 1.1% | |
| FSLR | B | 1.08% | |
| MHK | C | 1.07% | |
| HAS | A | 1.07% | |
| GOOG | A | 1.06% | |
| BX | D | 1.06% | |
| META | D | 1.06% | |
| SCHW | A | 1.06% | |
| BXP | F | 1.06% | |
| HBAN | A | 1.06% | |
| ON | D | 1.04% | |
| MTB | A | 1.04% | |
| QCOM | A | 1.03% | |
| AVGO | D | 1.03% | |
| ETSY | F | 1.02% | |
| WDC | A | 1.02% | |
| GM | B | 1.01% | |
| TROW | C | 1.01% | |
| AMZN | B | 1.01% | |
| DFS | B | 1.0% | |
| SWK | F | 1.0% | |
| SWKS | F | 0.98% | |
| TRMB | C | 0.97% | |
| CE | C | 0.97% | |
| INTU | D | 0.96% | |
| SYF | A | 0.96% | |
| PNR | D | 0.94% | |
| PAYC | F | 0.94% | |
| COF | B | 0.93% | |
| ANET | C | 0.93% | |
| CBRE | C | 0.93% | |
| KMX | F | 0.92% | |
| CRL | D | 0.92% | |
| NTRS | C | 0.92% | |
| IVZ | F | 0.92% | |
| AES | A | 0.92% | |
| IQV | D | 0.92% | |
| ROK | F | 0.91% | |
| ARE | C | 0.9% | |
| DAY | F | 0.89% | |
| POOL | F | 0.89% | |
| NOW | D | 0.89% | |
| F | B | 0.88% | |
| EXPE | A | 0.88% | |
| MGM | F | 0.87% | |
| AAL | F | 0.87% | |
| EL | F | 0.87% | |
| UBER | D | 0.86% | |
| IDXX | F | 0.84% | |
| ADBE | D | 0.83% | |
| ILMN | D | 0.82% | |
| ADSK | F | 0.82% | |
| EFX | C | 0.8% | |
| GPN | F | 0.8% | |
| EPAM | F | 0.8% | |
| ISRG | C | 0.79% | |
| BEN | F | 0.79% | |
| APTV | D | 0.78% | |
| CDNS | D | 0.78% | |
| MTCH | F | 0.75% | |
| MSCI | F | 0.69% |
SPHB Underweight 34 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | -4.67% | |
| PXD | B | -4.56% | |
| OLK | C | -4.07% | |
| CERE | A | -2.67% | |
| AXNX | C | -2.5% | |
| JNPR | D | -2.5% | |
| MDC | A | -2.5% | |
| CSTR | A | -2.26% | |
| SIMO | C | -2.02% | |
| MGRC | D | -2.02% | |
| X | F | -1.94% | |
| VFC | F | -1.86% | |
| CCI | D | -1.78% | |
| TGNA | C | -1.76% | |
| BA | D | -1.71% | |
| AMED | D | -1.49% | |
| EVBG | B | -1.24% | |
| CPRI | F | -1.2% | |
| SATS | B | -1.16% | |
| RIVN | F | -1.09% | |
| AURA | D | -1.09% | |
| RAMP | D | -1.05% | |
| DOOR | A | -1.01% | |
| PACB | F | -0.94% | |
| BE | B | -0.89% | |
| PNM | C | -0.85% | |
| VZIO | D | -0.73% | |
| DIS | C | -0.66% | |
| PINS | B | -0.5% | |
| SNOW | D | -0.45% | |
| ZLAB | F | -0.43% | |
| APA | F | -0.21% | |
| WSC | F | --0.77% | |
| SNPS | D | --1.53% |
SPHB: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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