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.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Event Driven
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 73.18 | 2.18 | 71.00 |
| Bond | 12.80 | 0.00 | 12.80 |
| Cash | 9.17 | 0.00 | 9.17 |
| Stock non-US | 4.21 | 0.00 | 4.21 |
| NotClassified | 2.69 | 0.00 | 2.69 |
| Other | 8.67 | 8.53 | 0.14 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 27.47 | 17.76 |
| Healthcare | 26.23 | 14.81 |
| Industrials | 12.11 | 12.12 |
| Energy | 11.10 | 13.16 |
| Consumer Cyclicals | 7.48 | 8.79 |
| Communication Services | 6.27 | 5.42 |
| Consumer Defensive | 2.79 | 5.41 |
| Basic Materials | 2.43 | 5.97 |
| Real Estate | 2.31 | 0.53 |
| Financial Services | 1.82 | 14.48 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 95.47 | 93.87 |
| Africa/Middle East | 2.60 | 0.37 |
| Europe Developed | 1.93 | 0.98 |
| Japan | 0.00 | 0.13 |
| Australasia | 0.00 | 0.09 |
| Asia Emerging | 0.00 | 0.45 |
| Latin America | 0.00 | 0.27 |
| Asia Developed | 0.00 | 0.43 |
| United Kingdom | 0.00 | 3.43 |