BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

EVNTvsESMLETF Comparison

ETF 1

EVNT

AltShares Event-Driven ETF

This fund is part of

Alternatives

+1%

Full EVNT fund page

VS

ETF 2

ESML

iShares ESG Aware MSCI USA Small-Cap ETF

This fund is part of

US Small Cap

+0.57%

Full ESML fund page

AltShares Event-Driven ETF (EVNT) belongs to the Alternatives segment. iShares ESG Aware MSCI USA Small-Cap ETF (ESML) is part of the US Small Cap segment. EVNT's top 3 sector exposures are Healthcare, Technology and Consumer Services. In contrast, ESML's top sector exposures are Finance, Technology and Healthcare. EVNT is more expensive with a Total Expense Ratio (TER) of 1.33%, versus 0.17% for ESML. EVNT is up 6.33% year-to-date (YTD) with +$3M in YTD flows. ESML performs better with 20.28% YTD performance, and +$403M in YTD flows. Run a side-by-side ETF comparison of EVNT and ESML 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

EVNT vs ESML performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/03/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	EVNT ESML	-0.08%+0.93%	+3.46%+3.49%	+6.33%+20.28%	+9.35%+26.15%	+33.32%+60.77%	n/a+44.40%
Flows	EVNT ESML	-$4K-$12M	+$491K+$368M	+$3M+$403M	+$6M+$394M	+$9M+$629M	-+$1.10B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	EVNT ESML	+4.51%+16.52%	+4.38%+16.85%	+6.29%+19.65%	n/a+21.24%
Max drawdown	EVNT ESML	-1.14%-5.29%	-1.77%-9.05%	-5.41%-26.61%	n/a-28.52%
Max drawdown duration	EVNT ESML	29d43d	19d46d	196d296d	n/a980d

Trading data

Create an account to view trading data

Join for free

	EVNT	ESML
Last sale 9/2/2026 at 5:28 PM	$12.27	$55.01
Previous close 09/03/2026	$12.24	$55.07
Consolidated volume 09/03/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

EVNT

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	EVNT	ESML
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/2/2026 at 5:28 PM

Live

Closed

	EVNT	ESML
Last price	$12.27	$55.01
1D performance	+0.20%	-0.11%
AuM	$13.11 M	$2.88 B
E/R	1.33%	0.17%

Characteristics

	EVNT	ESML
Management strategy	Active	Passive
Provider	AltShares	iShares
Benchmark	-	MSCI USA Small Cap Extended ESG Focus Index
N° of holdings	60	898
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 20, 2021	April 10, 2018
ESG	No	Yes

More EVNT data on Trackinsight

More ESML data on Trackinsight

Exposure

Countries

EVNT

USA

87.26%

Other

12.74%

ESML

USA

96.33%

Other

3.67%

Sectors

EVNT

Healthcare

21.99%

Technology

15.03%

Consumer Services

14.48%

Finance

9.66%

Industrials

9.62%

Other

29.21%

ESML

Finance

22.56%

Technology

16.51%

Healthcare

14.46%

Industrials

13.76%

Other

32.7%

Diversification

EVNT

Total weight of top 15 holdings out of 15

48.4%

ESML

Total weight of top 15 holdings out of 15

7.94%

Top 15 holdings

Data as of July 31, 2026

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%

ESML

Sandisk Corp.

2.76%

US Foods Holding Corp.

0.55%

Assurant, Inc.

0.50%

Ovintiv, Inc.

0.43%

ATI, Inc.

0.40%

Carpenter Technology Corp.

0.39%

nVent Electric Plc

0.37%

Jones Lang LaSalle, Inc.

0.36%

Woodward, Inc.

0.33%

BlackRock Cash Funds - Treasury

0.32%

Equitable Holdings, Inc.

0.31%

Healthpeak Properties, Inc.

0.31%

Moderna, Inc.

0.31%

Brixmor Property Group, Inc.

0.31%

East West Bancorp, Inc.

0.31%

Frequently asked questions about EVNT and ESML

How have the EVNT and ESML ETFs performed in 2026?

As of September 3, 2026, EVNT is up 6.33% year-to-date (YTD), while ESML has returned 20.28%. That puts ESML better performer ahead so far this year.

Which ETF is attracting more investor money: EVNT or ESML?

Year-to-date, the EVNT ETF saw +$3M in flows, compared to +$403M for ESML.

Which ETF is more volatile: EVNT or ESML?

Over the past year, EVNT had a volatility of 4.38%, while ESML experienced 16.85%.

Which ETF is bigger: EVNT or ESML?

As of September 3, 2026, EVNT holds $13.11 M in assets under management (AUM), while ESML manages $2.88 B.

What sectors do the EVNT and ESML ETFs invest in?

EVNT leans toward sectors like Healthcare, Technology and Consumer Services. Meanwhile, ESML focuses on Finance, Technology and Healthcare.

What are the top holdings of the EVNT ETF and ESML ETF?

EVNT top holdings include Warner Bros. Discovery, Inc., LiveRamp Holdings, Inc. and Norfolk Southern Corp.. ESML holds in its top three: Sandisk Corp., US Foods Holding Corp. and Assurant, Inc..

EVNTvsESMLETF Comparison

AltShares Event-Driven ETF

iShares ESG Aware MSCI USA Small-Cap ETF

EVNT vs ESML performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the EVNT and ESML ETFs performed in 2026?

As of September 3, 2026, EVNT is up 6.33% year-to-date (YTD), while ESML has returned 20.28%. That puts ESML better performer ahead so far this year.

Which ETF is attracting more investor money: EVNT or ESML?

Year-to-date, the EVNT ETF saw +$3M in flows, compared to +$403M for ESML.

Which ETF is more volatile: EVNT or ESML?

Over the past year, EVNT had a volatility of 4.38%, while ESML experienced 16.85%.

Which ETF is bigger: EVNT or ESML?

As of September 3, 2026, EVNT holds $13.11 M in assets under management (AUM), while ESML manages $2.88 B.

What sectors do the EVNT and ESML ETFs invest in?

EVNT leans toward sectors like Healthcare, Technology and Consumer Services. Meanwhile, ESML focuses on Finance, Technology and Healthcare.

What are the top holdings of the EVNT ETF and ESML ETF?

EVNT top holdings include Warner Bros. Discovery, Inc., LiveRamp Holdings, Inc. and Norfolk Southern Corp.. ESML holds in its top three: Sandisk Corp., US Foods Holding Corp. and Assurant, Inc..

Which ETF is more diversified: EVNT or ESML?

EVNT holds 60 securities with 48.4% of its assets in the top 15. ESML has 904 securities and a top 15 weight of 7.94%.

Have you tried our ETF Compare tool?