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Upturn AI SWOT - About
AltShares Event-Driven ETF (EVNT)
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Upturn Advisory Summary
08/14/2025: EVNT (1-star) is a SELL. SELL since 4 days. Profits (4.06%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 12.52% | Avg. Invested days 65 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.4 | 52 Weeks Range 9.78 - 11.51 | Updated Date 06/29/2025 |
52 Weeks Range 9.78 - 11.51 | Updated Date 06/29/2025 |
Upturn AI SWOT
AltShares Event-Driven ETF
ETF Overview
Overview
The AltShares Event-Driven ETF seeks to generate capital appreciation by investing in companies undergoing corporate events such as mergers, acquisitions, spin-offs, and bankruptcies. It focuses on identifying and capitalizing on opportunities arising from these situations.
Reputation and Reliability
The issuer has a shorter track record compared to more established ETF providers, potentially impacting perceived reliability.
Management Expertise
Information on the specific management team's expertise in event-driven investing is limited.
Investment Objective
Goal
To generate capital appreciation by investing in event-driven opportunities.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index but uses a proprietary event-driven investment strategy.
Composition The ETF primarily holds stocks of companies involved in corporate events.
Market Position
Market Share: The ETF's market share in the event-driven ETF sector is relatively small.
Total Net Assets (AUM): 1000000
Competitors
Key Competitors
- CSM (IQ Merger Arbitrage ETF)
- MNA (Eaton Vance Risk-Managed Mergers ETF)
Competitive Landscape
The event-driven ETF market is dominated by a few established players. AltShares' ETF faces challenges in gaining market share due to its relatively smaller AUM and shorter track record compared to competitors like CSM and MNA. Its advantage lies in its specific event-driven strategy, but it needs to demonstrate consistent outperformance to attract investors.
Financial Performance
Historical Performance: Historical performance data is needed to assess the ETF's track record over different time periods.
Benchmark Comparison: A benchmark comparison is needed to gauge its effectiveness.
Expense Ratio: 0.75
Liquidity
Average Trading Volume
The ETF's average trading volume is typically low, which can potentially lead to wider bid-ask spreads.
Bid-Ask Spread
Due to low average trading volume, the ETF's bid-ask spread can be wider than more liquid ETFs.
Market Dynamics
Market Environment Factors
Economic conditions, M&A activity levels, and regulatory changes can all impact the ETF's performance.
Growth Trajectory
The ETF's growth trajectory depends on its ability to attract assets and generate consistent returns in a competitive market. Its performance and investment approach will dictate further trends.
Moat and Competitive Advantages
Competitive Edge
The AltShares Event-Driven ETF attempts to distinguish itself through its active approach to capturing event-driven opportunities. Its investment strategy focuses on identifying potentially lucrative events like mergers and spin-offs. A key differentiator lies in its proprietary investment process, which seeks to exploit inefficiencies in the market surrounding these corporate actions. However, its track record is limited compared to larger competitors, making it challenging to prove the sustainability of this advantage.
Risk Analysis
Volatility
Event-driven strategies can be volatile, especially during periods of market uncertainty or economic downturn.
Market Risk
The ETF is subject to market risk, as the value of its holdings can fluctuate based on overall market conditions and specific company events.
Investor Profile
Ideal Investor Profile
The ideal investor is someone with a high risk tolerance seeking capital appreciation from event-driven opportunities and comfortable with potentially high volatility.
Market Risk
The ETF is more suitable for active traders and those with a higher risk tolerance, rather than passive index followers or long-term investors.
Summary
The AltShares Event-Driven ETF seeks to generate returns from corporate events. It faces competition from more established players with larger AUM. Its success depends on its ability to execute its event-driven investment strategy effectively. Liquidity and market share present current challenges. Investors should carefully consider the risks and potential rewards before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About AltShares Event-Driven ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.