{"url":"https://etfiq.com/rankings/alternatives-largest-event-driven","section":"rankings","title":"Event Driven ETFs: 5 Ranked by Net Assets, Nov 2026 | ETFIQ","description":"5 event driven ETFs ranked by net assets, as of Nov 4, 2026. MNA leads at $252m in net assets. ARB is second at $103m in net assets.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"The largest event driven ETFs","numberOfItems":5,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"MNA","url":"https://etfiq.com/funds/mna"},{"@type":"ListItem","position":2,"name":"ARB","url":"https://etfiq.com/funds/arb"},{"@type":"ListItem","position":3,"name":"RSBA","url":"https://etfiq.com/funds/rsba"},{"@type":"ListItem","position":4,"name":"MRGR","url":"https://etfiq.com/funds/mrgr"},{"@type":"ListItem","position":5,"name":"EVNT","url":"https://etfiq.com/funds/evnt"}]},{"@type":"Dataset","name":"The largest event driven ETFs","description":"5 event driven ETFs ranked by net assets, as of Nov 4, 2026. MNA leads at $252m in net assets. ARB is second at $103m in net assets.","url":"https://etfiq.com/rankings/alternatives-largest-event-driven","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Rankings","item":"https://etfiq.com/rankings/"},{"@type":"ListItem","position":3,"name":"The largest event driven ETFs","item":"https://etfiq.com/rankings/alternatives-largest-event-driven"}]},{"@type":"WebPage","name":"Event Driven ETFs: 5 Ranked by Net Assets, Nov 2026","description":"5 event driven ETFs ranked by net assets, as of Nov 4, 2026. MNA leads at $252m in net assets. ARB is second at $103m in net assets.","url":"https://etfiq.com/rankings/alternatives-largest-event-driven","dateModified":"2026-11-04","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":2543,"truncated":false,"content":"ETFIQ / Rankings / The largest event driven ETFs \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n The largest event driven ETFs\n See 5 funds ranked by net assets. Updated Nov 4, 2026. Every fund here runs a event driven strategy, so what separates them is how well each does that job.\n The largest event driven ETFs, ranked by net assets, as of Nov 4, 2026. Source: ETFIQ. # Ticker Fund Net assets Correlation Down-week capture Against T-bills Source \n 1 MNA NYLIM Merger Arbitrage ETF $252m +0.22 0.2% \u22120.7 pts SEC N-PORT, Jul 31, 2026 \n 2 ARB AltShares Merger Arbitrage ETF $103m under a year not measured not available SEC N-PORT, May 31, 2026 \n 3 RSBA Return Stacked Bonds & Merger Arbitrage $53m +0.31 13.5% \u22123.9 pts SEC N-PORT, Jul 31, 2026 \n 4 MRGR ProShares Merger ETF $16m +0.22 1.2% +0.7 pts Issuer page, Nov 4, 2026 \n 5 EVNT AltShares Event-Driven ETF $12m under a year not measured not available SEC N-PORT, May 31, 2026 \n \n Method\n The 5 event driven ETFs ETFIQ measures, of which 5 publish net assets. Across the funds listed here correlation with the S&P 500 runs from 0.2 to 0.3. Size does not show how much a fund diversifies. The correlation column does. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.\n Where to next\n Every alternatives ETF Alternatives ETFs by lowest S&P 500 correlation Sources\n SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, The largest event driven ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-event-driven Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, The largest event driven ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-event-driven APA ETFIQ. (Nov 4, 2026). The largest event driven ETFs, ranked by net assets. Retrieved from https://etfiq.com/rankings/alternatives-largest-event-driven Markdown [The largest event driven ETFs, ranked by net assets (ETFIQ, Nov 4, 2026)](https://etfiq.com/rankings/alternatives-largest-event-driven)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, The largest event driven ETFs, ranked by net assets, data as of Nov 4, 2026. https://etfiq.com/rankings/alternatives-largest-event-driven"}