EHLS vs. DIVB ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to iShares U.S. Dividend and Buyback ETF (DIVB)

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

$23.12

Average Daily Volume

2,612

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$50.10

Average Daily Volume

83,520

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	DIVB
30 Days	8.97%	2.00%
60 Days	10.38%	4.81%
90 Days	12.83%	6.56%
12 Months		34.69%

54 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in DIVB	Overlap
ACI	C	-0.3%	0.02%	-0.3%
AES	F	-0.17%	0.04%	-0.17%
ALV	C	-0.25%	0.05%	-0.25%
APA	D	-0.23%	0.08%	-0.23%
ARES	A	1.05%	0.06%	0.06%
ASH	F	-0.21%	0.03%	-0.21%
AVA	A	-0.3%	0.0%	-0.3%
AWK	C	-0.3%	0.05%	-0.3%
BEN	C	-0.2%	0.05%	-0.2%
BG	D	-0.26%	0.08%	-0.26%
BK	A	1.24%	0.4%	0.4%
CC	C	-0.24%	0.03%	-0.24%
CHRD	D	-0.29%	0.07%	-0.29%
CIVI	D	-0.29%	0.04%	-0.29%
COLD	D	-0.2%	0.02%	-0.2%
CTRA	B	-0.26%	0.12%	-0.26%
CVI	F	-0.15%	0.0%	-0.15%
DG	F	-0.21%	0.13%	-0.21%
DLB	B	-0.23%	0.03%	-0.23%
DVN	F	-0.27%	0.16%	-0.27%
ES	C	-0.3%	0.08%	-0.3%
EXC	C	-0.3%	0.15%	-0.3%
F	C	-0.25%	0.31%	-0.25%
GIS	D	-0.25%	0.27%	-0.25%
HP	C	-0.29%	0.03%	-0.29%
HSY	F	-0.25%	0.11%	-0.25%
IPG	D	-0.25%	0.11%	-0.25%
IRM	C	1.68%	0.08%	0.08%
KTB	B	0.27%	0.02%	0.02%
LEA	F	-0.22%	0.04%	-0.22%
LKQ	F	-0.29%	0.07%	-0.29%
MCHP	F	-0.23%	0.8%	-0.23%
MRK	D	-0.23%	0.75%	-0.23%
MUR	D	-0.28%	0.02%	-0.28%
NKE	F	-0.23%	0.65%	-0.23%
NRG	B	1.2%	0.13%	0.13%
NSP	F	-0.24%	0.02%	-0.24%
NUE	C	-0.23%	0.28%	-0.23%
OVV	B	-0.33%	0.09%	-0.33%
PCH	F	-0.25%	0.02%	-0.25%
PEP	F	-0.25%	0.78%	-0.25%
PKG	A	0.49%	0.09%	0.09%
PLD	F	-0.24%	0.3%	-0.24%
PPG	F	-0.3%	0.08%	-0.3%
PRGO	C	-0.44%	0.02%	-0.44%
SJM	D	-0.29%	0.08%	-0.29%
SKT	A	1.14%	0.01%	0.01%
SLB	C	-0.29%	0.19%	-0.29%
SLG	B	1.62%	0.02%	0.02%
SON	F	-0.26%	0.02%	-0.26%
TRGP	A	1.03%	0.11%	0.11%
UGI	C	-0.29%	0.03%	-0.29%
UPS	C	-0.37%	0.71%	-0.37%
WPC	C	-0.24%	0.06%	-0.24%

EHLS Overweight 217 Positions Relative to DIVB

Symbol	Grade	Weight
SPOT	B	2.25%
BMA	C	2.14%
CSWI	B	2.03%
QTWO	A	1.82%
HWM	A	1.8%
NVDA	B	1.72%
GDS	C	1.71%
LMB	B	1.7%
PIPR	A	1.67%
META	D	1.64%
MSI	B	1.57%
USLM	A	1.53%
CTAS	B	1.48%
HWKN	B	1.46%
GVA	A	1.41%
IGIC	B	1.33%
VST	A	1.31%
SE	A	1.3%
FICO	B	1.3%
CVNA	B	1.29%
CRS	B	1.27%
CW	C	1.26%
ADMA	B	1.26%
WELL	A	1.25%
PLTR	B	1.25%
TPB	B	1.24%
CEG	C	1.21%
SFM	A	1.2%
CLBT	B	1.2%
REAX	D	1.1%
PAM	A	1.09%
RDNT	B	1.08%
SLVM	B	1.06%
DASH	B	1.05%
FTDR	B	1.04%
TPL	A	1.02%
HOOD	B	1.01%
BRO	B	1.0%
AXP	A	1.0%
THC	D	0.98%
CBRE	B	0.98%
RSI	A	0.98%
TMUS	B	0.96%
NPAB	F	0.92%
EDN	B	0.92%
WAB	B	0.89%
ANET	C	0.88%
JXN	C	0.87%
GLNG	C	0.86%
PNTG	D	0.84%
MOD	A	0.82%
IESC	C	0.79%
COOP	B	0.78%
SKYW	C	0.76%
CNX	A	0.76%
ISRG	A	0.76%
KKR	A	0.76%
EME	A	0.75%
BSX	A	0.71%
PSN	D	0.7%
CDNA	D	0.62%
HLNE	B	0.62%
CCB	A	0.56%
AMAL	B	0.56%
AIT	B	0.55%
ALSN	B	0.55%
NBN	C	0.54%
BBSI	B	0.54%
FTI	A	0.53%
CNK	C	0.51%
TWLO	A	0.49%
VERX	A	0.49%
CLH	C	0.48%
PGR	A	0.48%
FI	A	0.48%
TYL	B	0.48%
QFIN	A	0.47%
HUBB	B	0.46%
MMYT	B	0.46%
GRBK	D	0.46%
POWL	C	0.45%
UFPT	C	0.44%
RNA	C	0.44%
ALHC	C	0.42%
CACI	D	0.42%
RKLB	A	0.39%
WULF	C	0.34%
YPF	B	0.32%
TCBX	B	0.3%
CEIX	A	0.3%
FRHC	B	0.28%
MUSA	B	0.27%
PPTA	C	0.27%
CASH	B	0.27%
EXLS	B	0.26%
LYV	A	0.26%
SOFI	B	0.25%
MLR	C	0.25%
PEGA	B	0.25%
SNEX	B	0.25%
MATX	C	0.24%
ONON	A	0.24%
BBW	C	0.24%
GATO	C	0.23%
TRUP	B	0.23%
EXEL	B	0.23%
AORT	B	0.22%
CSTM	F	-0.07%
NEP	F	-0.09%
SPT	C	-0.14%
AMN	F	-0.16%
VSAT	F	-0.16%
PGNY	F	-0.17%
STNG	F	-0.17%
APTV	F	-0.18%
ENPH	F	-0.18%
WU	F	-0.18%
FLNG	C	-0.19%
W	D	-0.2%
VAL	F	-0.2%
AMRC	F	-0.2%
WRLD	C	-0.2%
ELF	C	-0.21%
ADNT	F	-0.21%
WSC	F	-0.21%
ASML	F	-0.22%
IGT	F	-0.22%
ENOV	C	-0.22%
PARR	F	-0.22%
FIVE	F	-0.22%
AVTR	F	-0.22%
DOOO	F	-0.22%
CSGP	D	-0.23%
ROG	D	-0.23%
NTST	C	-0.23%
IMCR	D	-0.23%
TEX	F	-0.23%
ELV	F	-0.23%
OLN	F	-0.23%
SCL	C	-0.24%
OMI	F	-0.24%
ENTG	D	-0.24%
CWT	C	-0.24%
ODP	F	-0.24%
WOR	F	-0.24%
APLS	F	-0.24%
PD	C	-0.24%
ETSY	D	-0.24%
SITE	F	-0.24%
ADM	D	-0.25%
JBSS	F	-0.25%
AKAM	D	-0.25%
OTEX	F	-0.25%
FTV	C	-0.25%
MTN	C	-0.25%
FUL	F	-0.25%
ATKR	D	-0.25%
REXR	F	-0.25%
MGM	D	-0.26%
GO	C	-0.26%
THS	D	-0.26%
ARE	F	-0.26%
STZ	D	-0.26%
ALGM	D	-0.26%
IAC	F	-0.26%
HDB	C	-0.26%
FMX	F	-0.26%
CALX	D	-0.27%
COHU	C	-0.27%
HXL	F	-0.27%
ON	D	-0.27%
MTDR	B	-0.27%
SLAB	F	-0.27%
CNI	F	-0.27%
CWH	B	-0.27%
CDW	F	-0.27%
YELP	C	-0.28%
ALB	B	-0.28%
OKTA	C	-0.28%
VTLE	C	-0.28%
VRSN	C	-0.28%
MRTN	D	-0.28%
CRL	D	-0.28%
USPH	B	-0.28%
SJW	F	-0.28%
PZZA	F	-0.28%
CENTA	C	-0.28%
TDC	D	-0.29%
FIVN	C	-0.29%
AMRK	F	-0.29%
AIN	C	-0.29%
MOS	F	-0.29%
URBN	C	-0.29%
CENT	C	-0.29%
TMO	F	-0.29%
SIGI	C	-0.29%
RPD	B	-0.29%
PINS	F	-0.3%
EG	C	-0.3%
SNOW	B	-0.3%
WFRD	D	-0.3%
RIO	D	-0.3%
HES	B	-0.3%
EVTC	B	-0.3%
IDXX	F	-0.3%
HELE	C	-0.3%
DIOD	D	-0.3%
KMX	B	-0.31%
OXM	F	-0.31%
ZD	B	-0.31%
IRTC	C	-0.32%
CAR	C	-0.32%
VLO	C	-0.32%
ALRM	C	-0.32%
TENB	C	-0.33%
NARI	C	-0.34%
AMR	C	-0.35%

EHLS Underweight 379 Positions Relative to DIVB

Symbol	Grade	Weight
CSCO	B	-5.42%
ACN	B	-3.56%
IBM	C	-3.51%
TXN	C	-3.03%
XOM	B	-2.91%
JPM	A	-2.66%
WFC	A	-2.42%
CVX	A	-2.17%
FIS	C	-1.88%
HD	B	-1.57%
PG	C	-1.5%
VZ	C	-1.48%
BAC	A	-1.46%
JNJ	C	-1.37%
MS	A	-1.36%
GS	A	-1.36%
HPQ	B	-1.24%
T	A	-1.2%
TEL	B	-1.17%
CAT	B	-1.1%
ABBV	F	-1.1%
BMY	B	-1.09%
LOW	C	-1.06%
RTX	D	-1.04%
CTSH	B	-0.89%
COP	C	-0.85%
PM	B	-0.84%
PFE	F	-0.84%
LMT	D	-0.83%
MCD	D	-0.82%
KO	D	-0.75%
HPE	B	-0.74%
NTAP	C	-0.73%
DE	B	-0.69%
CI	D	-0.68%
C	A	-0.67%
HON	C	-0.66%
CVS	D	-0.65%
BLK	B	-0.63%
AIG	B	-0.57%
GEN	B	-0.56%
GILD	C	-0.55%
MDT	D	-0.55%
GLW	B	-0.53%
ABT	B	-0.52%
UNP	C	-0.48%
CRH	A	-0.46%
MET	A	-0.46%
PNC	B	-0.46%
CSX	C	-0.45%
PSX	C	-0.44%
AMGN	F	-0.43%
BX	A	-0.4%
STX	C	-0.39%
ADP	A	-0.38%
AFL	B	-0.38%
SBUX	A	-0.37%
AMP	A	-0.37%
ITW	B	-0.36%
MDLZ	F	-0.35%
PRU	A	-0.35%
CME	B	-0.34%
TFC	A	-0.33%
EMR	B	-0.33%
DUK	C	-0.31%
MMM	D	-0.31%
USB	A	-0.31%
NOC	D	-0.31%
SPG	A	-0.3%
FDX	B	-0.3%
DFS	B	-0.3%
SWKS	F	-0.29%
EOG	A	-0.29%
CL	D	-0.26%
JNPR	D	-0.26%
TRV	B	-0.26%
DOW	F	-0.25%
NSC	B	-0.25%
KMI	A	-0.25%
AMT	C	-0.25%
CCI	C	-0.24%
MTB	A	-0.24%
EBAY	D	-0.23%
FANG	C	-0.23%
TGT	F	-0.23%
SO	C	-0.22%
WMB	A	-0.22%
OKE	A	-0.21%
HIG	B	-0.21%
STLD	B	-0.21%
JCI	B	-0.21%
COF	C	-0.2%
CAH	B	-0.2%
ALL	A	-0.19%
SYY	D	-0.19%
GPN	B	-0.19%
CFG	B	-0.19%
KMB	C	-0.18%
PSA	C	-0.18%
APD	A	-0.18%
TROW	B	-0.18%
SRE	A	-0.17%
PFG	D	-0.17%
AVT	C	-0.17%
EXPD	C	-0.16%
G	B	-0.16%
OMC	C	-0.16%
KHC	F	-0.16%
LHX	C	-0.16%
KDP	F	-0.16%
WTW	B	-0.16%
BKR	A	-0.15%
CF	A	-0.15%
ED	C	-0.15%
LYB	F	-0.14%
RF	A	-0.14%
MRO	B	-0.14%
FITB	B	-0.14%
PAYX	B	-0.14%
PEG	A	-0.13%
NTRS	A	-0.13%
D	C	-0.13%
LH	B	-0.13%
NEM	D	-0.13%
YUM	D	-0.12%
EIX	B	-0.12%
HBAN	A	-0.12%
FAST	B	-0.12%
SW	A	-0.12%
CMI	A	-0.12%
IP	A	-0.12%
NEE	C	-0.11%
WEC	A	-0.11%
EXR	C	-0.11%
DRI	B	-0.11%
BBY	D	-0.11%
ROK	C	-0.11%
TPR	B	-0.1%
KR	B	-0.1%
KLIC	B	-0.1%
AMCR	C	-0.1%
CNH	C	-0.1%
WBA	F	-0.1%
XEL	A	-0.1%
KEY	B	-0.1%
ORI	A	-0.1%
AEP	C	-0.1%
CHRW	B	-0.09%
VTRS	A	-0.09%
EQR	C	-0.09%
DGX	A	-0.08%
PPL	A	-0.08%
TSN	B	-0.08%
SNA	A	-0.08%
FE	C	-0.08%
DOC	C	-0.08%
CINF	A	-0.08%
WY	F	-0.08%
BXP	C	-0.07%
EMN	C	-0.07%
MAA	B	-0.07%
ALLY	C	-0.07%
SF	B	-0.07%
TAP	C	-0.07%
UNM	A	-0.07%
KIM	A	-0.07%
EVR	B	-0.07%
RL	C	-0.07%
WH	B	-0.07%
CG	B	-0.07%
AVB	B	-0.07%
HST	C	-0.07%
GPC	D	-0.07%
OMF	A	-0.07%
ESS	B	-0.07%
DKS	D	-0.07%
FHN	A	-0.07%
SCI	B	-0.07%
VSH	F	-0.06%
CNP	A	-0.06%
REG	A	-0.06%
STWD	C	-0.06%
EWBC	A	-0.06%
HR	B	-0.06%
WBS	A	-0.06%
MAS	D	-0.06%
INVH	D	-0.06%
EL	F	-0.06%
VOYA	B	-0.06%
EXE	A	-0.06%
K	A	-0.06%
RHI	C	-0.06%
CLX	A	-0.06%
FNF	B	-0.06%
R	B	-0.06%
HRB	D	-0.06%
EVRG	A	-0.06%
CAG	F	-0.06%
CPT	B	-0.05%
SWK	D	-0.05%
CMA	B	-0.05%
AOS	F	-0.05%
LAMR	C	-0.05%
ZION	B	-0.05%
RPRX	D	-0.05%
VICI	C	-0.05%
PR	B	-0.05%
BAX	F	-0.05%
BC	C	-0.05%
OWL	A	-0.05%
BYD	B	-0.05%
LUV	C	-0.05%
BERY	C	-0.05%
AGO	B	-0.05%
ETR	B	-0.05%
MTG	C	-0.05%
IFF	D	-0.05%
FAF	A	-0.04%
OHI	C	-0.04%
HAS	D	-0.04%
OZK	B	-0.04%
CFR	B	-0.04%
LNT	A	-0.04%
HOG	D	-0.04%
PII	F	-0.04%
CNXC	F	-0.04%
JHG	B	-0.04%
OGE	A	-0.04%
AEE	A	-0.04%
PBF	D	-0.04%
SNV	C	-0.04%
RDN	D	-0.04%
MKC	C	-0.04%
CUBE	C	-0.04%
AIZ	A	-0.04%
MSM	C	-0.04%
CHH	A	-0.04%
PNW	A	-0.04%
NI	A	-0.04%
IVZ	B	-0.04%
COLB	B	-0.04%
VTR	B	-0.04%
RITM	C	-0.04%
IRDM	D	-0.04%
JEF	A	-0.04%
AM	A	-0.03%
CNO	B	-0.03%
ONB	C	-0.03%
VLY	B	-0.03%
GLPI	C	-0.03%
PAG	B	-0.03%
CCOI	B	-0.03%
PTEN	C	-0.03%
WEN	D	-0.03%
HOMB	A	-0.03%
MGY	A	-0.03%
RHP	B	-0.03%
WSO	A	-0.03%
DTM	A	-0.03%
XRAY	F	-0.03%
BPOP	C	-0.03%
ARCH	B	-0.03%
FHI	B	-0.03%
MAN	F	-0.03%
CBSH	B	-0.03%
HRI	C	-0.03%
KRC	B	-0.03%
LPX	B	-0.03%
CPB	D	-0.03%
ELS	C	-0.03%
HRL	D	-0.03%
INGR	C	-0.03%
AFG	A	-0.03%
BRX	A	-0.03%
PB	B	-0.03%
KBH	D	-0.03%
CMS	C	-0.03%
FMC	D	-0.03%
APLE	B	-0.02%
ALE	A	-0.02%
BOKF	B	-0.02%
HWC	B	-0.02%
CDP	C	-0.02%
GOLF	B	-0.02%
AAP	D	-0.02%
WMG	D	-0.02%
PECO	A	-0.02%
ESNT	F	-0.02%
IIPR	D	-0.02%
FHB	B	-0.02%
WAL	B	-0.02%
NFG	A	-0.02%
FR	D	-0.02%
THG	A	-0.02%
DTE	C	-0.02%
MC	C	-0.02%
GAP	C	-0.02%
THO	B	-0.02%
AEO	F	-0.02%
VCTR	B	-0.02%
ABM	B	-0.02%
NHI	D	-0.02%
RUSHA	C	-0.02%
IDA	A	-0.02%
CUZ	B	-0.02%
MAC	B	-0.02%
SIRI	C	-0.02%
CRC	A	-0.02%
ASB	B	-0.02%
SHOO	F	-0.02%
GBCI	B	-0.02%
SSB	B	-0.02%
APAM	B	-0.02%
OGN	F	-0.02%
VFC	C	-0.02%
M	F	-0.02%
STAG	D	-0.02%
AXS	A	-0.02%
KRG	B	-0.02%
FLO	D	-0.02%
EQH	C	-0.02%
UDR	B	-0.02%
UBSI	B	-0.02%
FNB	A	-0.02%
BTU	B	-0.02%
SBRA	C	-0.02%
EPR	C	-0.02%
HII	F	-0.02%
FRT	B	-0.02%
NNN	C	-0.02%
AMH	C	-0.01%
IPAR	B	-0.01%
OGS	A	-0.01%
CWEN	C	-0.01%
TXNM	A	-0.01%
MCY	A	-0.01%
DNB	B	-0.01%
BKH	A	-0.01%
MDU	D	-0.01%
AWR	B	-0.01%
UCB	A	-0.01%
SXT	C	-0.01%
RRR	F	-0.01%
TFSL	A	-0.01%
MGEE	B	-0.01%
CNS	B	-0.01%
GEF	A	-0.01%
ADT	C	-0.01%
KMPR	A	-0.01%
AVNT	B	-0.01%
AROC	A	-0.01%
OTTR	C	-0.01%
HI	C	-0.01%
LXP	D	-0.01%
NJR	A	-0.01%
JWN	D	-0.01%
IBOC	B	-0.01%
SEE	C	-0.01%
NEU	D	-0.01%
FFIN	B	-0.01%
WTRG	B	-0.01%
CATY	B	-0.01%
CWEN	C	-0.01%
AGR	A	-0.01%
LCII	C	-0.01%
WD	D	-0.01%
NWL	C	-0.01%
SMG	C	-0.01%
RYN	D	-0.01%
IRT	A	-0.01%
MAGN	D	-0.0%
CADE	B	-0.0%
RUSHB	C	-0.0%
GEF	A	-0.0%
AGNC	C	-0.0%
CRK	B	-0.0%
SITC	D	-0.0%
ACT	C	-0.0%
REYN	D	-0.0%