XITK vs. EVNT ETF Comparison

Comparison of SPDR FactSet Innovative Technology ETF (XITK) to AltShares Event-Driven ETF (EVNT)

XITK

SPDR FactSet Innovative Technology ETF

XITK Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$154.62

Average Daily Volume

1,890

Number of Holdings ^*

97

* 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

$10.61

Average Daily Volume

435

Number of Holdings ^*

41

* may have additional holdings in another (foreign) market

Performance

Period	XITK	EVNT
30 Days	4.08%	1.78%
60 Days	4.79%	2.42%
90 Days	5.48%	6.97%
12 Months	25.96%	10.21%

3 Overlapping Holdings

	Symbol	Grade	Weight in XITK	Weight in EVNT	Overlap
	HCP	A	1.44%	2.61%	1.44%
	PRFT	B	1.04%	2.07%	1.04%
	RAMP	F	0.67%	1.22%	0.67%

XITK Overweight 94 Positions Relative to EVNT

	Symbol	Grade	Weight
	APP	C	2.95%
	NVDA	C	2.21%
	PI	B	2.16%
	QTWO	C	1.86%
	SPOT	C	1.6%
	TOST	C	1.56%
	META	B	1.49%
	DOCS	B	1.47%
	MPWR	B	1.45%
	SMCI	F	1.41%
	MNDY	C	1.4%
	TTD	B	1.38%
	MGNI	D	1.38%
	NFLX	B	1.38%
	KLAC	D	1.32%
	DAKT	D	1.31%
	Z	C	1.3%
	SITM	B	1.3%
	FTNT	B	1.29%
	ONTO	C	1.29%
	PAR	D	1.28%
	IOT	C	1.25%
	DOCN	C	1.21%
	INTA	C	1.21%
	CYBR	B	1.19%
	CWAN	C	1.18%
	CHKP	B	1.18%
	SSNC	C	1.18%
	PEGA	B	1.15%
	KD	F	1.15%
	VRNS	B	1.12%
	VEEV	C	1.11%
	ARLO	D	1.1%
	DUOL	C	1.1%
	AGYS	D	1.1%
	AMD	C	1.09%
	DOCU	C	1.03%
	CRWD	D	1.02%
	SEIC	B	1.02%
	SMAR	A	1.02%
	RBLX	C	1.0%
	G	C	0.99%
	CTSH	B	0.96%
	UPST	C	0.96%
	JAMF	D	0.96%
	AEIS	D	0.95%
	SPSC	D	0.95%
	ASGN	D	0.92%
	NCNO	F	0.92%
	S	D	0.92%
	OKTA	F	0.92%
	EA	D	0.91%
	DDOG	D	0.9%
	DOX	C	0.9%
	SQ	D	0.88%
	TENB	F	0.87%
	FVRR	C	0.86%
	DT	C	0.85%
	ALIT	D	0.83%
	CALX	C	0.82%
	APPN	C	0.82%
	OLO	F	0.8%
	TWLO	C	0.79%
	GTLB	D	0.78%
	GLOB	D	0.77%
	ZS	F	0.77%
	CLVT	D	0.77%
	PINS	D	0.77%
	PUBM	F	0.76%
	LSPD	C	0.73%
	PDFS	D	0.73%
	IAS	D	0.71%
	GFS	F	0.69%
	UPWK	D	0.68%
	MDB	D	0.67%
	EPAM	F	0.66%
	MXL	D	0.66%
	ROKU	D	0.66%
	ZIP	D	0.64%
	BRZE	F	0.6%
	CNXC	F	0.6%
	ZI	D	0.6%
	TDC	D	0.59%
	QLYS	D	0.58%
	ASAN	F	0.57%
	U	D	0.55%
	RPD	D	0.54%
	OPEN	F	0.53%
	DV	F	0.46%
	PRO	F	0.46%
	PATH	D	0.45%
	APPS	D	0.42%
	RIOT	F	0.4%
	FSLY	D	0.37%

XITK Underweight 38 Positions Relative to EVNT

	Symbol	Grade	Weight
	HES	F	-5.01%
	OLK	A	-4.42%
	MCS	B	-4.38%
	CHX	F	-3.62%
	CERE	A	-3.17%
	JNPR	A	-3.17%
	CTLT	B	-2.99%
	AXNX	B	-2.98%
	ANSS	D	-2.87%
	MGRC	D	-2.66%
	BA	F	-2.56%
	CZR	C	-2.1%
	X	F	-1.96%
	PVH	D	-1.87%
	CCI	C	-1.69%
	FL	F	-1.69%
	VFC	B	-1.56%
	SIMO	F	-1.45%
	TGNA	C	-1.32%
	INTC	D	-1.29%
	WIRE	A	-1.28%
	VZIO	B	-1.2%
	PARA	D	-1.06%
	DIS	D	-1.04%
	AMED	D	-1.01%
	AURA	D	-0.98%
	SQSP	B	-0.98%
	CPRI	D	-0.91%
	PNM	B	-0.9%
	PACB	D	-0.6%
	WBD	D	-0.6%
	RIVN	F	-0.49%
	ACI	F	-0.46%
	ZLAB	C	-0.41%
	SNOW	F	-0.33%
	LVTX	F	-0.05%
	WSC	D	--0.95%
	SNPS	F	--1.38%

XITK: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Business Services Electronic Components Real Estate Services Semiconductor Equipment & Materials Advertising Agencies Asset Management Capital Markets Communication Equipment Computer Hardware Computer Systems Conglomerates Credit Services Data Storage Electronic Gaming & Multimedia Electronic Gaming & Multimedia

Keywords: Computing Nasdaq 100 Cloud Computing S&P 500 Cloud Infrastructure Mobile Devices Computer Security Cybersecurity Information Technology Management Semiconductor Telecommunications Business Intelligence Business Process Management Software Software As A Service Artificial Intelligence Banking Customer Relationship Management Integrated Circuits CRM

EVNT: Top Represented Industries & Keywords

Industries: Biotechnology Apparel Manufacturing Software - Application Diagnostics & Research Entertainment Information Technology Services Media - Diversified Rental & Leasing Services Semiconductors Software - Infrastructure Aerospace & Defense Auto Manufacturers Broadcasting - TV Communication Equipment Consumer Electronics Drug Manufacturers - Specialty & Generic Electronic Components Footwear & Accessories Grocery Stores Medical Care

Keywords: S&P 500 Computing Biotechnology Nasdaq 100 Biopharmaceutical Electronics Dow Jones Component Fashion Information Technology Management Life Sciences Semiconductor Telecommunications Television Aerospace Bioinformatics Biology Building Engineering Business Intelligence Business Process Management Cancer