The Best Event Driven ETFs
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Event Driven ETFs.
Event Driven ETFs and funds pursue opportunities created by mergers, acquisitions, restructurings, spin-offs, bankruptcies, and other corporate catalysts. Results depend on transactions completing as expected and may be affected by deal breaks, timing uncertainty, financing conditions, and market volatility.
- Number of ETFs
- 5
- Avg. Expense Ratio
- 0.93%
- Avg. Dividend Yield
- 2.26%
- Avg. 1 Year Return
- 5.89%
- Median Risk/Return Score
- 52 / 100
The Best Event Driven ETFs
5 results
| Symbol | Full Name | Category | Inception | Expense Ratio | YTD Return | 10Y Return (Annualized) | Dividend Yield | Risk / Return Rank | Max. Drawdown | Sharpe Ratio | Sortino Ratio | Omega Ratio | Martin Ratio | Calmar Ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | Event Driven | May 7, 2020 | 0.87% | 1.85% | — | 0.42% | 52 | ||||||||
| AltShares Event-Driven ETF | Long-Short, Event Driven | Dec 31, 2014 | 1.30% | 6.02% | — | 4.51% | 71 | ||||||||
| IQ Merger Arbitrage ETF | Event Driven | Nov 17, 2009 | 0.77% | 2.05% | 2.93% | 0.00% | 40 | ||||||||
| Proshares Merger ETF | Event Driven | Dec 11, 2012 | 0.75% | 2.68% | 3.72% | 2.96% | 95 | ||||||||
| Return Stacked Bonds & Merger Arbitrage ETF | Leveraged Bonds, Event Driven | Dec 17, 2024 | 0.96% | -0.94% | — | 3.40% | 22 |
Best Event Driven ETFs by Risk/Return Score
The top Event Driven ETFs by PortfoliosLab Risk/Return Score are MRGR (95) and EVNT (71).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| Proshares Merger ETF | 95 | 15.95M | Dec 2012 | |
| AltShares Event-Driven ETF | 71 | 8.62M | Dec 2014 | |
| AltShares Merger Arbitrage ETF | 52 | 90.93M | May 2020 | |
| IQ Merger Arbitrage ETF | 40 | 251.39M | Nov 2009 | |
| Return Stacked Bonds & Merger Arbitrage ETF | 22 | — | Dec 2024 |
Best-Performing Event Driven ETFs Over 5 Years
The top Event Driven ETFs is MRGR (4.36%).
Across the lineup, Event Driven ETFs show an average 1-year return of 5.89% and an average 5-year return of 3.53%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Proshares Merger ETF | 4.36% | 15.95M | Dec 2012 | |
| AltShares Merger Arbitrage ETF | 4.09% | 90.93M | May 2020 | |
| IQ Merger Arbitrage ETF | 2.15% | 251.39M | Nov 2009 |
Lowest-Cost Event Driven ETFs
The top Event Driven ETFs is MRGR (0.75%).
With an average expense ratio of 0.93%, Event Driven ETFs remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| Proshares Merger ETF | 0.75% | 15.95M | Dec 2012 | |
| IQ Merger Arbitrage ETF | 0.77% | 251.39M | Nov 2009 | |
| AltShares Merger Arbitrage ETF | 0.87% | 90.93M | May 2020 | |
| Return Stacked Bonds & Merger Arbitrage ETF | 0.96% | — | Dec 2024 | |
| AltShares Event-Driven ETF | 1.30% | 8.62M | Dec 2014 |
Highest-Yield Event Driven ETFs
The top Event Driven ETFs is EVNT (4.51%).
Across the lineup, Event Driven ETFs show an average dividend yield of 2.26%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| AltShares Event-Driven ETF | 4.51% | 8.62M | Dec 2014 | |
| Return Stacked Bonds & Merger Arbitrage ETF | 3.40% | — | Dec 2024 | |
| Proshares Merger ETF | 2.96% | 15.95M | Dec 2012 | |
| AltShares Merger Arbitrage ETF | 0.42% | 90.93M | May 2020 | |
| IQ Merger Arbitrage ETF | 0.00% | 251.39M | Nov 2009 |
Top ETFs Categories
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Risk vs. Return Scatterplot
The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.
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5 Years