CVARvsEVNTETF Comparison
VS
Cultivar ETF (CVAR) belongs to the US Multi-Factor segment. AltShares Event-Driven ETF (EVNT) is part of the Alternatives segment. CVAR's top 3 sector exposures are Healthcare, Consumer Non-Cyclicals and Technology. In contrast, EVNT's top sector exposures are Healthcare, Technology and Consumer Services. CVAR is less expensive with a Total Expense Ratio (TER) of 0.87%, versus 1.33% for EVNT. CVAR is up 12.27% year-to-date (YTD) with +$5M in YTD flows. EVNT performs worse with 6.07% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of CVAR and EVNT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
CVAR vs EVNT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CVAR EVNT | +4.81%-0.33% | +10.46%+3.12% | +12.27%+6.07% | +17.25%+8.89% | +41.18%+32.99% | n/an/a |
| Flows | CVAR EVNT | +$1M+$0K | +$3M+$495K | +$5M+$3M | +$6M+$6M | +$10M+$9M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CVAR EVNT | +12.61%+4.50% | +11.73%+4.38% | +13.70%+6.29% | n/an/a |
| Max drawdown | CVAR EVNT | -2.71%-1.14% | -8.62%-1.77% | -13.73%-5.41% | n/an/a |
| Max drawdown duration | CVAR EVNT | 11d29d | 155d19d | 217d196d | n/an/a |
Trading data
CVAR | EVNT | |
Last sale 9/2/2026 at 1:30 PM | $31.80 | $12.27 |
| Previous close 09/02/2026 | $31.62 | $12.24 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
CVAR | EVNT | |
|---|---|---|
| Last price | $31.80 | $12.27 |
| 1D performance | +0.57% | +0.20% |
| AuM | $46.57 M | $13.08 M |
| E/R | 0.87% | 1.33% |
Characteristics
CVAR | EVNT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Cultivar Capital | AltShares |
| Benchmark | - | - |
| N° of holdings | 90 | 60 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 21, 2021 | September 20, 2021 |
| ESG | No | No |
Advertisement
Exposure
Countries
CVAR
USA
87.09%
Other
12.91%
EVNT
USA
87.26%
Other
12.74%
Sectors
CVAR
Healthcare
18.8%
Consumer Non-Cycl.
14.96%
Technology
14.23%
Finance
13.77%
Sovereign
11.5%
Other
26.74%
EVNT
Healthcare
21.99%
Technology
15.03%
Consumer Services
14.48%
Finance
9.66%
Industrials
9.62%
Other
29.21%
Diversification
CVAR
Total weight of top 15 holdings out of 15
36.73%
EVNT
Total weight of top 15 holdings out of 15
48.4%
Top 15 holdings
Data as of July 31, 2026
CVAR
USA, Bills 0% 4aug2026, USD (119D)
5.51%
MarketAxess Holdings, Inc.
4.25%
USA, Bonds 2.875% 15may2052, USD
3.45%
Healthcare Services Group, Inc.
2.61%
USA, Bonds 4.625% 15may2054, USD
2.54%
Kimberly-Clark Corp.
2.29%
Alexandria Real Estate Equities, Inc.
2.12%
Core Laboratories, Inc.
2.02%
Illumina, Inc.
1.86%
Dollar General Corp.
1.83%
Lamb Weston Holdings, Inc.
1.71%
Humana, Inc.
1.71%
Intuit, Inc.
1.67%
Paycom Software, Inc.
1.60%
Veeva Systems, Inc.
1.55%
EVNT
Warner Bros. Discovery, Inc.
5.03%
LiveRamp Holdings, Inc.
4.52%
Norfolk Southern Corp.
4.43%
DigitalBridge Group, Inc.
4.42%
TXNM Energy, Inc.
4.12%
Electronic Arts, Inc.
3.83%
Caesars Entertainment, Inc.
3.60%
Bio-Techne Corp.
2.87%
Penumbra, Inc.
2.53%
Arcosa, Inc.
2.31%
AstroNova, Inc.
2.30%
Element Solutions, Inc.
2.24%
Organon & Co.
2.15%
UTZ Brands, Inc.
2.05%
Forte Biosciences, Inc.
1.99%
Frequently asked questions about CVAR and EVNT
How have the CVAR and EVNT ETFs performed in 2026?
As of September 2, 2026, CVAR is up 12.27% year-to-date (YTD), while EVNT has returned 6.07%. That puts CVAR better performer ahead so far this year.
Which ETF is attracting more investor money: CVAR or EVNT?
Year-to-date, the CVAR ETF saw +$5M in flows, compared to +$3M for EVNT.
Which ETF is more volatile: CVAR or EVNT?
Over the past year, CVAR had a volatility of 11.73%, while EVNT experienced 4.38%.
Which ETF is bigger: CVAR or EVNT?
As of September 2, 2026, CVAR holds $46.57 M in assets under management (AUM), while EVNT manages $13.08 M.
What sectors do the CVAR and EVNT ETFs invest in?
CVAR leans toward sectors like Healthcare, Consumer Non-Cyclicals and Technology. Meanwhile, EVNT focuses on Healthcare, Technology and Consumer Services.
What are the top holdings of the CVAR ETF and EVNT ETF?
CVAR top holdings include USA, Bills 0% 4aug2026, USD (119D), MarketAxess Holdings, Inc. and USA, Bonds 2.875% 15may2052, USD. EVNT holds in its top three: Warner Bros. Discovery, Inc., LiveRamp Holdings, Inc. and Norfolk Southern Corp..
Which ETF is more diversified: CVAR or EVNT?
CVAR holds 90 securities with 36.73% of its assets in the top 15. EVNT has 60 securities and a top 15 weight of 48.4%.
Advertisement
Advertisement
