IQ

EVNT AltShares Event-Driven ETF

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$12.38
+0.4% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

EVNT has less than a year of prices, so ETFIQ does not yet measure how it moves with the S&P 500.

What drove EVNT’s returns?Is a 1.27% fee low for a fund like EVNT?What does EVNT cost to hold and to trade?
Event driven fund: trades on company events, most often buying a company that has agreed to be taken over and holding it until the deal closesAltShares ↗Expense ratio 1.27%Fund assets $12m net assets, latest filing (May 31, 2026)First traded Sep 20, 2021SEC filings ↗Every AltShares fund ETFIQ covers

Promise check: Not measuredIts strategy, event driven, states no objective ETFIQ can measure.

Compare with…Trading costsPut to the committeeaskIQ about EVNTAdd to portfolioFlowsAlerts

EVNT risk and return scorecard

vs its benchmark

Not measured: no ETF prices its benchmark (none named).

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

What you earned

EVNT +0.7%: total return over one month to Nov 4, 2026.
EVNT+0.7%
askIQ: what drove EVNT’s returns? ↗

How concentrated, and what does it cost?

not published
Total return since launch
not published
S&P 500 over the same days
not available
Against its own benchmark
not available
Days it has traded
Sector mix
Cost against like funds
askIQ: is a 1.27% fee low for a fund like EVNT? ↗

More on EVNT

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Price, 1 month

$12.38+0.4%1 day, priceClose, Nov 4, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

EVNT returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Oct 5 – Nov 4, 2026+0.7%−1.0%

Total returns, distributions reinvested. No data for 3 months, 6 months, year to date, 1 year and 3 years.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of Feb 28, 2026

EVNT: in the month to Feb 28, 2026, net $466k came in, by its SEC filing.

Computed by ETFIQ from the monthly sales and redemptions EVNT files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Feb 2026. Every day and month ETFIQ holds for EVNT, back to Sep 2021, is in its flows file. Flows across every fund · How these flows are computed · Compare EVNT with other funds in the flows tool

Month by monthMar 2023 to Feb 2026

EVNT, net flow each month from Mar 2023 to Feb 2026: money came in in 13 months and went out in 2 months.

MonthNet
Feb 2026 SEC Form N-PORT+$466k
Jan 2026 SEC Form N-PORT+$231k
Dec 2025 SEC Form N-PORT+$1.2m
Nov 2025 SEC Form N-PORT+$237k
Oct 2025 SEC Form N-PORT+$355k
Sep 2025 SEC Form N-PORT+$2.2m
Aug 2025 SEC Form N-PORT+$467k
Jul 2025 SEC Form N-PORT$0
Jun 2025 SEC Form N-PORT−$892k
May 2025 SEC Form N-PORT+$1.0m
Apr 2025 SEC Form N-PORT$0
Mar 2025 SEC Form N-PORT$0
Feb 2025 SEC Form N-PORT$0
Jan 2025 SEC Form N-PORT$0
Dec 2024 SEC Form N-PORT$0
Nov 2024 SEC Form N-PORT$0
Oct 2024 SEC Form N-PORT$0
Sep 2024 SEC Form N-PORT$0
Aug 2024 SEC Form N-PORT$0
Jul 2024 SEC Form N-PORT$0
Jun 2024 SEC Form N-PORT$0
May 2024 SEC Form N-PORT$0
Apr 2024 SEC Form N-PORT$0
Mar 2024 SEC Form N-PORT+$399k
Feb 2024 SEC Form N-PORT+$500k
Jan 2024 SEC Form N-PORT+$505k
Dec 2023 SEC Form N-PORT+$101k
Nov 2023 SEC Form N-PORT$0
Oct 2023 SEC Form N-PORT$0
Sep 2023 SEC Form N-PORT$0
Aug 2023 SEC Form N-PORT+$98k
Jul 2023 SEC Form N-PORT$0
Jun 2023 SEC Form N-PORT$0
May 2023 SEC Form N-PORT−$185k
Apr 2023 SEC Form N-PORT$0
Mar 2023 SEC Form N-PORT$0

Most recent first.

How this is computed

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Feb 28, 2026. Updated when the fund files its next report.

EVNT key stats

High since Sep 28, 2026, daily closes to Nov 4, 2026 (ETFIQ)$12.38 on Nov 4, 2026
Low since Sep 28, 2026, daily closes to Nov 4, 2026 (ETFIQ)$12.22 on Oct 19, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$12.38, 100% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · EVNTas of Nov 4, 2026
·
Not scored0 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

EVNT for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
EVNT interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

EVNT is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About EVNT

IssuerAltShares
Strategy (ETFIQ, from its prospectus)Event drivenReport
Expense ratio (497 XBRL, Sep 30, 2026)1.27%Report
Net assets (SEC N-PORT, whole fund, as filed for May 31, 2026)$12mReport
When stocks fellS&P 500 −4.9% in March 2026; EVNT not measured, as its prices here begin Sep 28, 2026, after March 2026 began
Weekly correlation with the S&P 500not measured, as it has fewer than 52 weeks of closes
First tradedSep 20, 2021
Days tradednot available
Quotedon an exchange, every trading day
How we measure
Weekly closes from Tiingo with distributions reinvested, 52 weeks to the same date for the fund, SPY and BIL. ETFIQ calculation. Method
IQ Investment Committee on EVNT

12 seats on EVNT, as of Nov 4, 2026: 2 Challenges, 9 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityDoes not apply
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingNot enough data
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put EVNT to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about EVNT

What does EVNT cost?
The prospectus expense ratio is 1.27% a year.
Why is EVNT listed as event driven?
ETFIQ files each fund by what its own prospectus says it does, and EVNT’s, filed Sep 25, 2026, describes an event driven fund.
Sources and dates
Prices, EVNT and S&P 500 (SPY)Prices, Tiingo end of day ↗
Fee, 1.27%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $12mSEC N-PORT, whole fund · May 31, 2026
SourceProspectus the strategy was read from (SEC) ↗
IssuerAltShares website ↗
All fund filingsFund filings on SEC EDGAR ↗
AltShares’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, EVNT, alternatives ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/evnt

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Correlation
How closely the fund’s weekly returns moved with the S&P 500’s over the last year, from −1 to 1. At 1 the two rise and fall together, at 0 there is no pattern, and below 0 the fund tended to move the other way.
Beta
How far the fund moved, on average, for each 1% move in the S&P 500 over the same weeks. At 0.3 it moved about 0.3% the same way; below 0 it moved the other way.
Down week
A week in which the S&P 500 fell, measured through SPY with dividends reinvested. A week that ended exactly level is not a down week.
Down-week capture
The fund’s average return in the S&P 500’s down weeks as a share of the index’s own average in those weeks. At 100% it fell as much, at 50% half as much, and below zero it rose. It is weekly and covers one year, so it is not the same number as Morningstar’s downside capture.
Against T-bills
The fund’s total return minus a short Treasury bill fund’s (BIL) over the same year, in percentage points. A fund can steady a portfolio and still earn less than cash.
Full definitions: alternatives ETFs vocabulary page. →
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Snapshot, Nov 4, 2026. More on the tabs above.