# EVNT (AltShares Event-Driven ETF)

AltShares · Alternatives ETFs · data as of Sep 18, 2026

In the S&P 500’s down weeks over the year to Sep 18, 2026, EVNT rose 0.07% a week on average.

## Key facts

- EVNT, correlation with the S&P 500: +0.38, as of Sep 18, 2026.
- EVNT, beta to the S&P 500: +0.15, as of Sep 18, 2026.
- EVNT, down-week capture: −5.7%, as of Sep 18, 2026.
- EVNT, against T-bills, 52 weeks: +4.9 pts, as of Sep 18, 2026.
- EVNT, net assets: $12m (SEC N-PORT, whole fund, as filed for May 31, 2026).
- EVNT, expense ratio: 1.33% (485BPOS XBRL, Sep 26, 2025).

## EVNT over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | +2.0% | +2.3% | −0.2 pts |
| 6 months | +5.5% | +18.0% | −12.6 pts |
| 1 year | +8.4% | +16.6% | −8.2 pts |
| 3 years | +33.4% | +78.4% | −45.0 pts |
| Since it listed | +27.2% | +87.7% | −60.4 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | AltShares | ETFIQ |
| Strategy | Event driven | ETFIQ, from its prospectus |
| Expense ratio | 1.33% | 485BPOS XBRL, Sep 26, 2025 |
| Net assets | $12m | SEC N-PORT, whole fund, as filed for May 31, 2026 |
| Weeks measured | 52, from Sep 19, 2025 to Sep 18, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 22 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.24% | ETFIQ |
| EVNT in those weeks, on average | +0.07% | ETFIQ |
| EVNT total return over those weeks | +8.6% | ETFIQ |
| T-bills | +3.6% | ETFIQ |
| Listed since | Sep 20, 2021 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### Does EVNT move with the S&P 500?

Over the year to Sep 18, 2026, EVNT’s weekly returns had a correlation of +0.38 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.15, so for each 1% the index moved it moved about 0.15% the same way.

### What did EVNT do when stocks fell?

The S&P 500 fell in 22 of the 52 weeks to Sep 18, 2026, by 1.24% on average. In those weeks EVNT rose 0.07% on average, a down-week capture of −5.7%.

### Did EVNT earn more than cash?

Over the same 52 weeks EVNT returned +8.6% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.6%. EVNT finished 4.9 percentage points ahead of it.

### What does EVNT cost?

The prospectus expense ratio is 1.33% 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 26, 2025, describes an event driven fund.


## Cite this page

ETFIQ, EVNT, data as of Sep 18, 2026. https://etfiq.com/funds/evnt
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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