Summary
AltShares Event-Driven ETF is an ETF - a fund traded on an exchange like a stock - run by Altshares. Positions inside: 64. The ten largest make up 42% of the fund.
- Yearly costs
- 1.27%
- Fund size
- $13.1M
- Positions
- 64
- Dividend yield
- 4.49%
- Running since
- 2014
What speaks for it
- It has been running since 2014.
What to watch
- Costs of 1.27% a year are above the middle of comparable funds (0.74%).
- A small fund with $13.1M under management; small funds get closed more often.
- It trades little: only about $41.8K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.6%
- 3 months
- +0.9%
- This year
- +6.4%
- 1 year
- +3.3%
- 3 years
- +28%
- 5 years
- +19%
- Avg. market cap
- $39.2B
- P/E
- 27.0x
- Forward P/E
- 22.1x
- P/S
- 1.4x
- P/B
- 2.9x
- P/FCF
- 18.6x
- EV/EBITDA
- 13.5x
- Dividend yield
- 1.23%
- ROIC
- -3.4%
- ROE
- 0.9%
- Gross margin
- 51.7%
- Operating margin
- 11.5%
- Net margin
- 4.1%
- Payout ratio
- 33.3%
- Net debt/EBITDA
- 0.6x
- Beta
- 0.27
Weighted average of the 19 largest companies, which make up 22% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 Chart Industries, Inc. 5.3%
- 2 Electronic Arts, Inc. 4.8%
- 3 Hologic, Inc. 4.6%
- 4 NSNorfolk Southern NSC 4.3%
- 5 Warner Bros Discovery, Inc. 4.3%
- 6 Exact Sciences Corp. 4.2%
- 7 Confluent, Inc., Class A 4.2%
- 8 Janus Henderson Group PLC 3.9%
- 9 TXTXNM Energy, Inc. TXNM 3.1%
- 10 DigitalBridge Group, Inc. 2.8%
Positions in the fund: 64. The ten largest make up 42% of it.
Composition as of Oct 19, 2026.
Where is it spread?
Spread outBy sector
- Healthcare 23%
- Consumer cyclical 19%
- Industrials 13%
- Communication services 10%
- Technology 8.2%
- Other 26%
By country
- United States 64%
- United Kingdom 4.0%
- Canada 1.3%
- Germany 0.6%
- Other countries 30%
Largest sector: Healthcare (23%). Largest country: United States (64%).
What does it cost me?
Expensive- A year from $10,000
- $127
- Over 20 years
- $5,732
From every $10,000 invested the fund takes $127 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,732.
How has it done?
Growing slowly- A year on average, 5 years
- +3.5%
- Deepest drop
- -16%
- Yearly volatility
- 7.2%
Average yearly growth over the last five years: 3.5%. Deepest drop in these years: 16% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 4.49%
- Payments a year
- 1
- Last payment
- $0.55
Over the last 12 months it paid $0.55 per share, which is 4.49% of today's price. The last payment was $0.55 on Dec 18, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $41.8K
- Shares a day
- 3.4K
On an average day about $41.8K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.0
- Average Bulios Score
- 52 out of 100
Weight by Bulios Fair Price
- Undervalued 32%
- Fairly valued 0.0%
- Overvalued 68%
On average the companies inside trade for 27.0 times their yearly profit. By Fair Price, 68% of the rated weight comes out as overvalued.
Counted from its largest companies (19), which make up 22% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
AR ARB AltShares Merger Arbitrage ETF | United States | 0.82% | $110.0M | +3.8% | Pays out | 36% |