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ALTSHARES+EVENT-DRIVEN+ETF

EVNT

US
$12.260.04% (+0.00)
High
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—
Low
—
—
Returns
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1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Others

Others

Invests in other segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

1.29%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$13.12M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

0.26
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

5.98%
PE
PE

Ratio of price to the prospective earnings of the ETF's underlyings

20.16
PE Category
PE Category

Ratio of price to the prospective earnings of the holdings of ETFs from the same category

17.19

ETF Profile

Peers

Peers

Exp. Ratio
5.81%
5.81%
PE
15.97
15.97
1Y Return
8.67%
8.67%
Exp. Ratio
0.77%
0.77%
PE
13.91
13.91
1Y Return
2.94%
2.94%
Exp. Ratio
0.77%
0.77%
PE
16.52
16.52
1Y Return
3.74%
3.74%
Exp. Ratio
1.7999%
1.7999%
PE
15.94
15.94
1Y Return
5.04%
5.04%
Exp. Ratio
0.75%
0.75%
PE
16.69
16.69
1Y Return
4.3%
4.3%

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETF
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
ALTSHARES+EVENT-DRIVEN+ETF $13.12M1.29%4.20%
Saba Closed-End Funds ETF$434.38M5.81%8.67%
IQ Merger Arbitrage ETF$279.81M0.77%2.94%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
    Sector
  • Liveramp Holdings Inc
    Sector: Technology
    Holdings4.48 %
    Liveramp Holdings Inc
    RAMP

    Holdings

    4.48 %

    Technology
  • PNM Resources Inc
    Sector: Utilities
    Holdings4.08 %
    PNM Resources Inc
    PNM

    Holdings

    4.08 %

    Utilities
  • Caesars Entertainment Corporation
    Sector: Consumer Cyclical
    Holdings3.58 %
    Caesars Entertainment Corporation
    CZR

    Holdings

    3.58 %

    Consumer Cyclical
  • Warner Bros Discovery Inc
    Sector: Communication Services
    Holdings3.41 %
    Warner Bros Discovery Inc
    WBD

    Holdings

    3.41 %

    Communication Services
  • Dick’s Sporting Goods Inc
    Sector: Consumer Cyclical
    Holdings3.09 %
    Dick’s Sporting Goods Inc
    DKS

    Holdings

    3.09 %

    Consumer Cyclical
  • Penumbra Inc
    Sector: Healthcare
    Holdings2.53 %
    Penumbra Inc
    PEN

    Holdings

    2.53 %

    Healthcare
  • BioLife Solutions Inc
    Sector: Healthcare
    Holdings2.38 %
    BioLife Solutions Inc
    BLFS

    Holdings

    2.38 %

    Healthcare
  • Arcosa Inc
    Sector: Industrials
    Holdings2.30 %
    Arcosa Inc
    ACA

    Holdings

    2.30 %

    Industrials
  • Element Solutions Inc
    Sector: Basic Materials
    Holdings2.16 %
    Element Solutions Inc
    ESI

    Holdings

    2.16 %

    Basic Materials
  • Roku Inc
    Sector: Communication Services
    Holdings2.12 %
    Roku Inc
    ROKU

    Holdings

    2.12 %

    Communication Services

Frequently asked questions

  1. ALTSHARES+EVENT-DRIVEN+ETF (EVNT) is currently trading at $12.26. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy ALTSHARES+EVENT-DRIVEN+ETF (EVNT) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in ALTSHARES+EVENT-DRIVEN+ETF (EVNT) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of ALTSHARES+EVENT-DRIVEN+ETF (EVNT) is 1.29%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. ALTSHARES+EVENT-DRIVEN+ETF (EVNT)’s top holdings currently include Liveramp Holdings Inc, PNM Resources Inc, and Caesars Entertainment Corporation. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of ALTSHARES+EVENT-DRIVEN+ETF (EVNT) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from ALTSHARES+EVENT-DRIVEN+ETF (EVNT) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like ALTSHARES+EVENT-DRIVEN+ETF (EVNT), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. ALTSHARES+EVENT-DRIVEN+ETF (EVNT)’s current assets under management (AUM) are $13.12M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. ALTSHARES+EVENT-DRIVEN+ETF (EVNT)’s price-to-earnings (P/E) ratio is 20.16. It represents the weighted valuation of the companies held within the ETF relative to their earnings.

  11. You can compare ALTSHARES+EVENT-DRIVEN+ETF (EVNT) with Saba Closed-End Funds ETF (CEFS), IQ Merger Arbitrage ETF (MNA), and ALTSHARES+MERGER+ARBITRAGE+ETF (ARB) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  12. ALTSHARES+EVENT-DRIVEN+ETF (EVNT)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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