EVNT:NYE-AltShares Event-Driven ETF (USD)

ETF | Others |

Last Closing

USD 10.855

Change

+0.10 (+0.88)%

Market Cap

USD 4.88M

Volume

7.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

To pursue the fund's investment objective, the adviser employs a long/short event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the adviser) believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2025-04-23 )

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ETFs Containing EVNT

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.10% 87% B+ 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.10% 87% B+ 79% B-
Trailing 12 Months  
Capital Gain 11.13% 90% A- 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 11.13% 89% A- 77% C+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 1.65% 50% F 42% F
Dividend Return 1.66% 39% F 32% F
Total Return 0.01% 2% F 1% F
Risk Return Profile  
Volatility (Standard Deviation) 5.48% 75% C 90% A-
Risk Adjusted Return 30.27% 41% F 46% F
Market Capitalization 4.88M 9% A- 3% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.