EHLS vs. ASEA ETF Comparison
Comparison of Even Herd Long Short ETF (EHLS) to Global X FTSE ASEAN 40 ETF (ASEA)
EHLS
Even Herd Long Short ETF
EHLS Description
EHLS seeks long-term capital appreciation through a momentum-focused strategy that takes both long and short positions in US equity securities. In selecting securities, the fund employs a proprietary algorithm that emphasizes a dynamic, trend-focused analysis, instead of a strictly bottom-up valuation analysis, driven by price movements and other data points based on market trends and stock momentum. The sub-adviser may adjust its proprietary system that is continuously optimized and refined. The fund strategy involves taking long positions in equity securities exhibiting strong upward momentum and short positions in those showing downward momentum. The actively managed fund targets a net equity exposure from 40% to 90% net long, subject to adjustments based on market conditions. The fund aims to maintain 100% long and 10-60% short exposure. Short sales may include entering into swap agreements or the use of leverage.
Grade (RS Rating)
Last Trade
$0.00
Average Daily Volume
2,319
10
ASEA
Global X FTSE ASEAN 40 ETF
ASEA Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/ASEAN 40 Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The Adviser uses a "passive" or indexing approach. The underlying index tracks the equity performance of the 40 largest and most liquid companies in the five ASEAN regions: Singapore, Malaysia, Indonesia, Thailand and Philippines. The fund is non-diversified.Grade (RS Rating)
Last Trade
$15.28
Average Daily Volume
14,954
41
Performance
Period | EHLS | ASEA |
---|---|---|
30 Days | -2.98% | 3.50% |
60 Days | -6.40% | 5.75% |
90 Days | -2.88% | 3.36% |
12 Months | 3.96% |
1 Overlapping Holdings
Symbol | Grade | Weight in EHLS | Weight in ASEA | Overlap | |
---|---|---|---|---|---|
FTAI | B | 2.17% | 2.47% | 2.17% |
EHLS Underweight 40 Positions Relative to ASEA
Symbol | Grade | Weight | |
---|---|---|---|
BGS | D | -6.48% | |
KHC | B | -3.89% | |
DKL | C | -3.6% | |
GIS | B | -3.44% | |
VZ | C | -2.99% | |
MO | A | -2.85% | |
PM | A | -2.69% | |
UVV | C | -2.68% | |
D | A | -2.61% | |
EBF | B | -2.57% | |
CAPL | C | -2.51% | |
USAC | F | -2.49% | |
PPL | A | -2.48% | |
DUK | A | -2.42% | |
CVX | C | -2.41% | |
T | A | -2.33% | |
CODI | C | -2.32% | |
KNOP | C | -2.3% | |
ABR | D | -2.2% | |
XOM | B | -2.17% | |
SFL | F | -2.15% | |
NLY | B | -2.01% | |
CWEN | A | -1.94% | |
KMI | B | -1.91% | |
HRB | A | -1.9% | |
BG | C | -1.89% | |
IRM | A | -1.87% | |
ILPT | C | -1.85% | |
KREF | B | -1.8% | |
IEP | B | -1.8% | |
NFG | A | -1.72% | |
BXMT | C | -1.7% | |
MPLX | A | -1.67% | |
OHI | A | -1.64% | |
LADR | B | -1.63% | |
SUN | C | -1.62% | |
VIRT | C | -1.61% | |
ALX | B | -1.6% | |
HESM | B | -1.56% | |
SPH | F | -1.51% |
EHLS: Top Represented Industries & Keywords
ASEA: Top Represented Industries & Keywords