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
Currency: US Dollar ($)
Category: Global Allocation
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 80.71 | 0.00 | 80.71 |
| Stock non-US | 8.99 | 0.00 | 8.99 |
| Cash | 8.14 | 0.00 | 8.14 |
| NotClassified | 2.25 | 0.00 | 2.25 |
| Other | 2.40 | 2.50 | -0.10 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 26.68 | 12.96 |
| Healthcare | 23.28 | 10.60 |
| Communication Services | 14.80 | 6.08 |
| Financial Services | 9.71 | 14.93 |
| Industrials | 8.20 | 10.02 |
| Real Estate | 5.68 | 10.02 |
| Utilities | 4.71 | 5.92 |
| Energy | 2.96 | 8.96 |
| Consumer Cyclicals | 2.27 | 8.13 |
| Consumer Defensive | 1.72 | 5.35 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 99.54 | 56.60 |
| Asia Emerging | 0.46 | 2.84 |
| Japan | 0.00 | 5.02 |
| Australasia | 0.00 | 2.32 |
| Latin America | 0.00 | 2.02 |
| Asia Developed | 0.00 | 4.45 |
| United Kingdom | 0.00 | 7.40 |
| Europe Emerging | 0.00 | 0.10 |
| Europe Developed | 0.00 | 18.68 |
| Africa/Middle East | 0.00 | 0.57 |