EHLS vs. BOAT ETF Comparison
Comparison of Even Herd Long Short ETF (EHLS) to SonicShares Global Shipping ETF (BOAT)
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
$20.14
Average Daily Volume
2,646
10
BOAT
SonicShares Global Shipping ETF
BOAT Description
The investment seeks to track the performance, before fees and expenses, of the Solactive Global Shipping Index. The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Under normal circumstances, at least 80% of the fund?s net assets, plus borrowings for investment purposes, will be invested in Global Shipping Companies. It also may invest in securities or other investments not included in the index, but which the fund?s investment adviser believes will help it track the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$37.00
Average Daily Volume
25,542
22
Performance
| Period | EHLS | BOAT |
|---|---|---|
| 30 Days | -3.71% | -1.66% |
| 60 Days | 1.73% | 14.13% |
| 90 Days | 1.12% | 24.91% |
| 12 Months | 52.27% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EHLS | Weight in BOAT | Overlap | |
|---|---|---|---|---|---|
| ZIM | B | 2.2% | 2.07% | 2.07% |
EHLS Underweight 21 Positions Relative to BOAT
EHLS: Top Represented Industries & Keywords
BOAT: Top Represented Industries & Keywords
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