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Comparison Results

Comparison results
NamePricePrice ChangePrice TargetSmart ScoreExpense RatioAsset Under ManagementFollow
FTLSFirst Trust Long/Short Equity ETF$77.30$91.37(18.21% Upside)1.38%2.64B
CLSEConvergence Long/Short Equity ETF$33.60$42.09(25.25% Upside)1.52%1.03B
XBOXRoundhill Ultra Short Duration No Dividend Target ETF$101.39―0.14%356.20M
ORRMilitia Long/Short Equity ETF$38.92$48.80(25.39% Upside)10.91%351.88M
BTALAGFiQ US Market Neutral Anti-Beta Fund$12.99$14.71(13.23% Upside)1.40%347.23M
MNAIQ Merger Arbitrage ETF$36.79$38.13(3.65% Upside)0.78%260.27M
MKTNFederated Hermes MDT Market Neutral ETF$28.59$32.74(14.52% Upside)1.94%160.10M
ARBAltShares Merger Arbitrage ETF$29.91$30.61(2.35% Upside)0.82%110.84M
HEFTHedgeye Fourth Turning ETF$26.54―0.70%77.60M
EHLSEven Herd Long Short ETF$24.68$29.49(19.49% Upside)3.35%55.81M

Performance Comparison

-20%0%20%Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Performance comparison by fund
TickerCompany NamePriceChange% Change
FTLSFirst Trust Long/Short Equity ETF77.306.699.47%
CLSEConvergence Long/Short Equity ETF33.606.8325.51%
XBOXRoundhill Ultra Short Duration No Dividend Target ETF101.392.472.50%
ORRMilitia Long/Short Equity ETF38.927.4523.67%
BTALAGFiQ US Market Neutral Anti-Beta Fund12.99-1.22-8.60%
MNAIQ Merger Arbitrage ETF36.790.982.74%
MKTNFederated Hermes MDT Market Neutral ETF28.593.7315.00%
ARBAltShares Merger Arbitrage ETF29.910.993.41%
HEFTHedgeye Fourth Turning ETF26.541.516.02%
EHLSEven Herd Long Short ETF24.680.723.02%

ETFs Similar to EVNT FAQ

What is the cheapest alternative to EVNT?
Among the ETFs similar to EVNT, XBOX (Roundhill Ultra Short Duration No Dividend Target ETF) has the lowest expense ratio, at 0.14% a year, compared with 1.27% for EVNT.
EVNT vs. FTLS: what is the difference?
FTLS (First Trust Long/Short Equity ETF) is the first ETF in EVNT's similar-ETF list. It has $2.64B in assets under management and a 1.38% expense ratio, against $13.12M and 1.27% for EVNT. Compare their performance, price targets and Smart Scores in the table above.
How is EVNT different from ARB?
ARB (AltShares Merger Arbitrage ETF) comes from the same fund family as EVNT (Altshares). ARB charges 0.82% a year, against 1.27% for EVNT. ARB manages $110.84M in assets, against $13.12M for EVNT. Both funds are in the comparison table above.