EVNT vs SPDG
Comparison between ALTSHARES EVENT-DRIVEN ETF (EVNT, ETF) and STATE STREET(R) SPDR(R) PORTFOLIO S&P SECTOR NEUTRAL DIVIDEND ETF (SPDG, ETF).
EVNT vs SPDG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
EVNT
$13M
SPDG
$13M
Expense Ratio
EVNT
1.33%
Winner
SPDG
0.05%
Max Drawdown
Winner
EVNT
15.79%
SPDG
16.24%
Sharpe Ratio
EVNT
0.74
Winner
SPDG
1.14
5Y Beta
Winner
EVNT
0.29
SPDG
0.74
P/E Ratio
EVNT
N/A
SPDG
19.48
Forward P/E
EVNT
N/A
SPDG
15.60
PEG Ratio
EVNT
N/A
SPDG
0.16
5Y EPS CAGR
EVNT
N/A
SPDG
5.38%
Debt to Equity
EVNT
N/A
SPDG
-69.76%
P/S Ratio
EVNT
N/A
SPDG
2.22
P/B Ratio
EVNT
N/A
SPDG
3.25
EVNT vs SPDG - Holdings Comparison
EVNT and SPDG have 7 common holdings. Overlap is -7.39%
EVNT's top 25 holdings weight is 87.08%. SPDG's top 25 holdings weight is 57.63%.
| Rank | EVNT | SPDG |
|---|---|---|
| #1 | MORGAN STANLEY PRIME BROKER US (n/a) - 10.87% | CISCO SYSTEMS INC (CSCO) - 7.47% |
| #2 | n/a (n/a) - 10.28% | VERIZON COMMUNICATIONS INC (VZ) - 5.37% |
| #3 | SSC GOVERNMENT MM GVMXX (n/a) - 10.28% | TEXAS INSTRUMENTS INC (TXN) - 4.45% |
| #4 | CYBERARK SOFTWARE LTD (n/a) - 4.47% | INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 3.66% |
| #5 | ELECTRONIC ARTS INC (EA) - 4.05% | QUALCOMM INC (QCOM) - 3.53% |
| #6 | n/a (n/a) - 3.68% | THE HOME DEPOT INC (HD) - 3.36% |
| #7 | CHART INDUSTRIES INC (GTLS) - 3.63% | ANALOG DEVICES INC (ADI) - 3.17% |
| #8 | NORFOLK SOUTHERN CORP (NSC) - 3.39% | COMCAST CORP CLASS A (CMCSA) - 2.28% |
| #9 | TXNM ENERGY INC (TXNM) - 2.61% | CORNING INC (GLW) - 2.19% |
| #10 | n/a (n/a) - 2.56% | JOHNSON & JOHNSON (JNJ) - 2.10% |
| #11 | HOLOGIC INC (HOLX) - 2.45% | MCDONALD'S CORP (MCD) - 2.01% |
| #12 | ECHOSTAR CORP. 6.75% (n/a) - 2.38% | PHILIP MORRIS INTERNATIONAL INC (PM) - 1.68% |
| #13 | DICK'S SPORTING GOODS INC (DKS) - 2.30% | ACCENTURE PLC CLASS A (ACN) - 1.68% |
| #14 | n/a (n/a) - 2.25% | EXXONMOBIL HOLDINGS CORP (XOM) - 1.67% |
| #15 | MERUS NV (n/a) - 2.14% | ABBVIE INC (ABBV) - 1.49% |
| #16 | PROASSURANCE CORP (PRA) - 2.13% | PNC FINANCIAL SERVICES GROUP INC (PNC) - 1.36% |
| #17 | AVADEL PHARMACEUTICALS PLC (n/a) - 2.07% | U.S. BANCORP (USB) - 1.30% |
| #18 | SEALED AIR CORP (SEE) - 2.01% | MOTOROLA SOLUTIONS INC (MSI) - 1.29% |
| #19 | PROS HOLDINGS INC (n/a) - 2.00% | NXP SEMICONDUCTORS NV (NXPI) - 1.20% |
| #20 | TGNAMS TRS USD R E TGNAMS TRS R E (n/a) - 1.99% | LOWE'S COMPANIES INC (LOW) - 1.15% |
| #21 | CIDARA THERAPEUTICS INC (n/a) - 1.96% | STARBUCKS CORP (SBUX) - 1.14% |
| #22 | AVIDITY BIOSCIENCES INC ORDINARY SHARES (n/a) - 1.92% | MERCK & CO INC (MRK) - 1.07% |
| #23 | QORVO INC (QRVO) - 1.91% | PEPSICO INC (PEP) - 1.02% |
| #24 | CMAMS TRS USD R E CMAMS TRS R E (n/a) - 1.88% | HEWLETT PACKARD ENTERPRISE CO (HPE) - 1.02% |
| #25 | EXACT SCIENCES CORP (EXAS) - 1.87% | UNITEDHEALTH GROUP INC (UNH) - 0.97% |
| Total Holdings | 113 | 278 |
EVNT vs SPDG - Historical Returns
Returns include dividend reinvestment.
1M
Winner
EVNT
+0.69%
SPDG
-1.33%
3M
EVNT
+2.11%
Winner
SPDG
+3.65%
6M
EVNT
+4.36%
Winner
SPDG
+9.21%
1Y
EVNT
+8.91%
Winner
SPDG
+18.62%
5Y(CAGR)
EVNT
+4.94%
SPDG
N/A
Max(CAGR)
EVNT
+4.94%
Winner
SPDG
+18.85%
EVNT vs SPDG - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | EVNT | SPDG |
|---|---|---|
| 2026 | +5.53% | +12.41% |
| 2025 | +13.51% | +11.83% |
| 2024 | +5.80% | +20.08% |
| 2023 | +14.61% | +8.14% |
| 2022 | -8.80% | N/A |
| 2021 | -3.22% | N/A |
EVNT vs SPDG Drawdown Comparison
The maximum drawdown for EVNT was -13.85%, occurring on Jun 16, 2022. Recovery took 538 trading sessions.
The maximum drawdown for SPDG was -15.68%, occurring on Apr 8, 2025. Recovery took 90 trading sessions.
The current EVNT drawdown is -0.58%. The current SPDG drawdown is -3.86%.
| Rank | EVNT | SPDG |
|---|---|---|
| #1 | -13.85% Nov 1, 2021 - Dec 21, 2023 | -15.68% Feb 20, 2025 - Jul 1, 2025 |
| #2 | -5.15% Dec 21, 2023 - Jul 16, 2024 | -8.76% Sep 14, 2023 - Nov 30, 2023 |
| #3 | -5.06% Mar 6, 2025 - Apr 28, 2025 | -8.34% Feb 11, 2026 - May 11, 2026 |
| #4 | -3.35% Oct 15, 2025 - Jan 6, 2026 | -6.11% Jul 16, 2024 - Aug 19, 2024 |
| #5 | -2.56% Jul 31, 2024 - Aug 19, 2024 | -5.53% Mar 28, 2024 - May 15, 2024 |
| #6 | -2.04% Sep 8, 2025 - Oct 15, 2025 | -4.68% Dec 16, 2024 - Jan 21, 2025 |
| #7 | -1.86% Feb 26, 2026 - Apr 8, 2026 | -4.27% Jul 3, 2025 - Aug 22, 2025 |
| #8 | -1.81% Dec 6, 2024 - Jan 8, 2025 | -4.08% Aug 30, 2024 - Sep 13, 2024 |
| #9 | -1.61% Jul 23, 2025 - Aug 13, 2025 | -3.99% Jun 2, 2026 - Jul 20, 2026 |
| #10 | -1.58% Apr 15, 2026 - Jun 11, 2026 | -3.98% Oct 17, 2024 - Nov 8, 2024 |
| #11 | -1.54% Sep 28, 2021 - Nov 1, 2021 | -3.92% Nov 12, 2025 - Nov 28, 2025 |
| #12 | -1.25% Nov 7, 2024 - Nov 29, 2024 | -3.73% Oct 3, 2025 - Oct 27, 2025 |
| #13 | -1.07% May 15, 2025 - Jun 9, 2025 | -3.54% May 15, 2024 - Jun 17, 2024 |
| #14 | -1.01% Jun 11, 2025 - Jun 23, 2025 | -2.57% Oct 27, 2025 - Nov 12, 2025 |
| #15 | -1.01% Aug 30, 2024 - Sep 12, 2024 | -2.46% Nov 8, 2024 - Nov 25, 2024 |
Correlation
Correlation between EVNT and SPDG is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (2022 - 2026)
EVNT vs SPDG dividend yield comparison.
| Year | EVNT | SPDG |
|---|---|---|
| 2026 | 0.00% | 1.40% |
| 2025 | 4.78% | 2.87% |
| 2024 | 0.66% | 2.61% |
| 2023 | 0.59% | 0.90% |
| 2022 | 2.61% | 0.00% |
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