EVNT
+0.01 · +0.11%
$11.67 · NYSE ARCA

AltShares Event-Driven ETF (EVNT) ETF Analysis | Event Driven

AltShares · USA
AUM:$10.5M
#– of – in Event Driven ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 12.4% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 1.29% — above average for this category.

What is EVNT?

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.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Positive 1-Year Return
EVNT returned 12.4% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 1.29% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 30.9% of the ETF — a moderate level of name concentration.
ETF Information
AUM$10.5M
Expense Ratio1.29%
Dividend Yield0.41%
Holdings33
Inception DateDec 2014
Domicile–
Distribution–
Index–
ProviderAltShares
Beta0.41
CategoryEvent Driven
CurrencyUSD
Portfolio Impact

How would EVNT affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+4.1%
1Y
+8.3%
3Y
+33.1%
5Y
+27.5%
OpenBook InsightIf you had invested £10,000 in EVNT 5 years ago, it would have grown to £12,751 — a gain of £2,751.

Annual Returns

Calendar year performance

EVNT delivered positive returns in 4 of the last 5 calendar years.
YearEVNT
2026 YTD+6.6%
2025+13.5%
2024+5.8%
2023+14.6%
2022-8.8%
CAGR 4yr+5.8%
4/5 positive yearsAvg return: +6.3%Worst year: -8.8% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
3.9%
Low
Momentum
+0.8%
30-day change
Support Level
12.26
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.