XME vs. EVNT ETF Comparison
Comparison of SPDR S&P Metals & Mining ETF (XME) to AltShares Event-Driven ETF (EVNT)
XME
SPDR S&P Metals & Mining ETF
XME Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U.S. total market composite index. In seeking to track the performance of the S&P Metals & Mining Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the metals and mining industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$60.38
Average Daily Volume
2,260,808
36
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
$10.57
Average Daily Volume
427
42
Performance
| Period | XME | EVNT |
|---|---|---|
| 30 Days | 1.34% | 1.44% |
| 60 Days | -2.72% | 2.87% |
| 90 Days | 2.40% | 7.58% |
| 12 Months | 18.86% | 9.63% |
1 Overlapping Holdings
| Symbol | Grade | Weight in XME | Weight in EVNT | Overlap | |
|---|---|---|---|---|---|
| X | D | 4.56% | 1.96% | 1.96% |
XME Overweight 35 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRS | A | 6.57% | |
| NEM | B | 6.2% | |
| ATI | D | 5.58% | |
| RGLD | B | 5.54% | |
| HL | B | 5.5% | |
| RS | D | 4.73% | |
| STLD | D | 4.38% | |
| NUE | F | 4.35% | |
| FCX | D | 4.16% | |
| CMC | D | 4.13% | |
| AA | D | 3.96% | |
| CLF | F | 3.64% | |
| CDE | C | 3.6% | |
| HCC | F | 3.56% | |
| CEIX | D | 3.46% | |
| ARCH | F | 3.29% | |
| UEC | D | 3.29% | |
| AMR | F | 3.28% | |
| BTU | D | 3.23% | |
| MP | D | 2.88% | |
| MTRN | F | 1.09% | |
| CENX | D | 1.07% | |
| HAYN | D | 1.0% | |
| KALU | F | 0.98% | |
| LEU | D | 0.82% | |
| RYI | F | 0.66% | |
| WS | D | 0.59% | |
| MUX | D | 0.58% | |
| METC | F | 0.55% | |
| SXC | F | 0.54% | |
| GATO | B | 0.51% | |
| RDUS | D | 0.42% | |
| CMP | D | 0.42% | |
| ZEUS | F | 0.36% | |
| MTUS | F | 0.35% |
XME Underweight 41 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | D | -5.01% | |
| OLK | A | -4.42% | |
| MCS | C | -4.38% | |
| CHX | D | -3.62% | |
| CERE | A | -3.17% | |
| JNPR | A | -3.17% | |
| CTLT | B | -2.99% | |
| AXNX | A | -2.98% | |
| ANSS | D | -2.87% | |
| MGRC | F | -2.66% | |
| HCP | A | -2.61% | |
| BA | F | -2.56% | |
| CZR | C | -2.1% | |
| PRFT | A | -2.07% | |
| PVH | F | -1.87% | |
| CCI | C | -1.69% | |
| FL | D | -1.69% | |
| VFC | C | -1.56% | |
| SIMO | F | -1.45% | |
| MODN | B | -1.33% | |
| TGNA | C | -1.32% | |
| INTC | F | -1.29% | |
| WIRE | A | -1.28% | |
| RAMP | F | -1.22% | |
| VZIO | A | -1.2% | |
| PARA | F | -1.06% | |
| DIS | D | -1.04% | |
| AMED | C | -1.01% | |
| AURA | C | -0.98% | |
| SQSP | A | -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 | D | --1.38% |
XME: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
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