EHLS vs. FIDU ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to Fidelity MSCI Industrials Index ETF (FIDU)
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

$23.30

Average Daily Volume

2,650

Number of Holdings *

271

* may have additional holdings in another (foreign) market
FIDU

Fidelity MSCI Industrials Index ETF

FIDU Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Industrials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Industrials Index, which represents the performance of the industrial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Industrials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$76.55

Average Daily Volume

56,446

Number of Holdings *

346

* may have additional holdings in another (foreign) market
Performance
Period EHLS FIDU
30 Days 10.27% 5.44%
60 Days 10.82% 7.15%
90 Days 13.69% 10.61%
12 Months 37.21%
34 Overlapping Holdings
Symbol Grade Weight in EHLS Weight in FIDU Overlap
AIN C -0.29% 0.05% -0.29%
AIT A 0.55% 0.18% 0.18%
ALSN B 0.55% 0.18% 0.18%
AMRC F -0.2% 0.02% -0.2%
ATKR C -0.25% 0.06% -0.25%
BBSI B 0.54% 0.02% 0.02%
CACI D 0.42% 0.21% 0.21%
CAR C -0.32% 0.03% -0.32%
CLH B 0.48% 0.23% 0.23%
CSWI A 2.03% 0.11% 0.11%
CTAS B 1.48% 1.44% 1.44%
CW B 1.26% 0.26% 0.26%
EME C 0.75% 0.41% 0.41%
EXLS B 0.26% 0.13% 0.13%
FTV C -0.25% 0.47% -0.25%
GVA A 1.41% 0.08% 0.08%
HUBB B 0.46% 0.43% 0.43%
HWM A 1.8% 0.79% 0.79%
HXL D -0.27% 0.09% -0.27%
IESC B 0.79% 0.04% 0.04%
LMB A 1.7% 0.02% 0.02%
MATX C 0.24% 0.02% 0.02%
MLR B 0.25% 0.01% 0.01%
MRTN C -0.28% 0.02% -0.28%
NSP D -0.24% 0.05% -0.24%
POWL C 0.45% 0.05% 0.05%
PSN D 0.7% 0.09% 0.09%
RKLB B 0.39% 0.1% 0.1%
SITE D -0.24% 0.11% -0.24%
SKYW B 0.76% 0.02% 0.02%
TEX D -0.23% 0.06% -0.23%
UPS C -0.37% 1.71% -0.37%
WAB B 0.89% 0.62% 0.62%
WSC D -0.21% 0.12% -0.21%
EHLS Overweight 237 Positions Relative to FIDU
Symbol Grade Weight
SPOT B 2.25%
BMA B 2.14%
QTWO A 1.82%
NVDA C 1.72%
GDS C 1.71%
IRM D 1.68%
PIPR B 1.67%
META D 1.64%
SLG B 1.62%
MSI B 1.57%
USLM A 1.53%
HWKN B 1.46%
IGIC B 1.33%
VST B 1.31%
SE B 1.3%
FICO B 1.3%
CVNA B 1.29%
CRS A 1.27%
ADMA B 1.26%
WELL A 1.25%
PLTR B 1.25%
BK A 1.24%
TPB B 1.24%
CEG D 1.21%
SFM A 1.2%
CLBT B 1.2%
NRG B 1.2%
SKT B 1.14%
REAX D 1.1%
PAM A 1.09%
RDNT B 1.08%
SLVM B 1.06%
ARES A 1.05%
DASH A 1.05%
FTDR A 1.04%
TRGP B 1.03%
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 B 0.98%
TMUS B 0.96%
NPAB B 0.92%
EDN B 0.92%
ANET C 0.88%
JXN C 0.87%
GLNG C 0.86%
PNTG D 0.84%
MOD A 0.82%
COOP B 0.78%
CNX A 0.76%
ISRG A 0.76%
KKR A 0.76%
BSX B 0.71%
CDNA D 0.62%
HLNE B 0.62%
CCB A 0.56%
AMAL B 0.56%
NBN B 0.54%
FTI A 0.53%
CNK B 0.51%
PKG A 0.49%
TWLO A 0.49%
VERX B 0.49%
PGR A 0.48%
FI A 0.48%
TYL B 0.48%
QFIN B 0.47%
MMYT B 0.46%
GRBK D 0.46%
UFPT B 0.44%
RNA D 0.44%
ALHC C 0.42%
WULF C 0.34%
YPF B 0.32%
TCBX A 0.3%
CEIX A 0.3%
FRHC B 0.28%
KTB B 0.27%
MUSA A 0.27%
PPTA C 0.27%
CASH A 0.27%
LYV A 0.26%
SOFI A 0.25%
PEGA A 0.25%
SNEX B 0.25%
ONON A 0.24%
BBW B 0.24%
GATO D 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%
CVI F -0.15%
AMN F -0.16%
VSAT F -0.16%
AES F -0.17%
PGNY F -0.17%
STNG F -0.17%
APTV D -0.18%
ENPH F -0.18%
WU D -0.18%
FLNG B -0.19%
W F -0.2%
BEN C -0.2%
COLD D -0.2%
VAL D -0.2%
WRLD C -0.2%
ASH D -0.21%
ELF C -0.21%
DG F -0.21%
ADNT F -0.21%
ASML F -0.22%
IGT F -0.22%
ENOV C -0.22%
PARR D -0.22%
FIVE F -0.22%
AVTR F -0.22%
DOOO F -0.22%
LEA D -0.22%
CSGP D -0.23%
MRK F -0.23%
ROG D -0.23%
DLB B -0.23%
NTST D -0.23%
APA D -0.23%
IMCR D -0.23%
NKE D -0.23%
ELV F -0.23%
MCHP D -0.23%
OLN D -0.23%
NUE C -0.23%
SCL C -0.24%
OMI F -0.24%
ENTG D -0.24%
CWT D -0.24%
WPC D -0.24%
ODP F -0.24%
WOR F -0.24%
APLS D -0.24%
PLD D -0.24%
PD C -0.24%
ETSY D -0.24%
CC C -0.24%
ADM D -0.25%
HSY F -0.25%
JBSS D -0.25%
AKAM D -0.25%
OTEX D -0.25%
PCH D -0.25%
IPG D -0.25%
MTN C -0.25%
FUL F -0.25%
PEP F -0.25%
F C -0.25%
GIS D -0.25%
REXR F -0.25%
ALV C -0.25%
MGM D -0.26%
GO C -0.26%
BG F -0.26%
THS D -0.26%
ARE D -0.26%
STZ D -0.26%
ALGM D -0.26%
IAC D -0.26%
CTRA B -0.26%
HDB C -0.26%
FMX F -0.26%
SON D -0.26%
CALX D -0.27%
DVN F -0.27%
COHU C -0.27%
ON D -0.27%
MTDR B -0.27%
SLAB D -0.27%
CNI D -0.27%
CWH B -0.27%
CDW F -0.27%
YELP C -0.28%
ALB C -0.28%
OKTA C -0.28%
VTLE C -0.28%
MUR D -0.28%
VRSN F -0.28%
CRL C -0.28%
USPH B -0.28%
SJW D -0.28%
PZZA D -0.28%
CENTA C -0.28%
TDC D -0.29%
FIVN C -0.29%
UGI A -0.29%
HP B -0.29%
SJM D -0.29%
CHRD D -0.29%
LKQ D -0.29%
AMRK F -0.29%
MOS F -0.29%
URBN C -0.29%
CENT C -0.29%
SLB C -0.29%
TMO F -0.29%
SIGI C -0.29%
RPD C -0.29%
CIVI D -0.29%
EXC C -0.3%
PINS D -0.3%
ES D -0.3%
EG C -0.3%
SNOW C -0.3%
WFRD D -0.3%
RIO D -0.3%
HES B -0.3%
AVA A -0.3%
AWK D -0.3%
PPG F -0.3%
EVTC B -0.3%
IDXX F -0.3%
HELE C -0.3%
ACI C -0.3%
DIOD D -0.3%
KMX B -0.31%
OXM D -0.31%
ZD C -0.31%
IRTC D -0.32%
VLO C -0.32%
ALRM C -0.32%
TENB C -0.33%
OVV B -0.33%
NARI C -0.34%
AMR C -0.35%
PRGO B -0.44%
EHLS Underweight 312 Positions Relative to FIDU
Symbol Grade Weight
GE D -3.53%
CAT B -3.33%
RTX C -2.89%
HON B -2.67%
ETN A -2.6%
UNP C -2.58%
UBER D -2.35%
ADP B -2.21%
LMT D -2.12%
BA F -1.79%
DE A -1.79%
TT A -1.65%
PH A -1.6%
GEV B -1.6%
WM A -1.59%
ITW B -1.43%
TDG D -1.34%
EMR A -1.31%
NOC D -1.29%
GD F -1.29%
MMM D -1.28%
CSX B -1.25%
FDX B -1.19%
CARR D -1.09%
PCAR B -1.08%
NSC B -1.07%
JCI C -1.01%
URI B -1.0%
GWW B -0.93%
CMI A -0.88%
CPRT A -0.88%
LHX C -0.87%
WCN A -0.85%
PWR A -0.84%
FAST B -0.84%
RSG A -0.83%
PAYX C -0.83%
AME A -0.79%
ODFL B -0.78%
VRT B -0.78%
AXON A -0.76%
IR B -0.74%
VRSK A -0.73%
OTIS C -0.71%
EFX F -0.58%
ROK B -0.57%
XYL D -0.53%
DOV A -0.49%
BR A -0.48%
VLTO D -0.45%
LDOS C -0.44%
BLDR D -0.39%
BAH F -0.39%
CSL C -0.38%
LII A -0.35%
TRU D -0.35%
J F -0.33%
WSO A -0.33%
SNA A -0.33%
XPO B -0.31%
IEX B -0.31%
MAS D -0.31%
PNR A -0.31%
EXPD D -0.3%
OC A -0.3%
SSNC B -0.29%
TXT D -0.29%
FIX A -0.28%
HEI B -0.28%
ACM A -0.27%
JBHT C -0.27%
ROL B -0.26%
GGG B -0.26%
NDSN B -0.25%
SAIA B -0.25%
CHRW C -0.23%
SWK D -0.23%
ALLE D -0.22%
ITT A -0.22%
TTEK F -0.22%
NVT B -0.22%
LECO B -0.21%
HEI B -0.21%
BWXT B -0.21%
DAY B -0.21%
RRX B -0.2%
PAYC B -0.2%
GNRC B -0.2%
WWD B -0.19%
WCC B -0.18%
AYI B -0.18%
DAL C -0.18%
FBIN D -0.17%
PCTY B -0.17%
MLI C -0.17%
CNH C -0.16%
AOS F -0.16%
MTZ B -0.16%
KNX B -0.16%
WMS D -0.16%
AAON B -0.16%
DCI B -0.16%
KBR F -0.16%
CR A -0.15%
FLR B -0.15%
TTC D -0.15%
RBC A -0.15%
SSD D -0.14%
FLS B -0.14%
TREX C -0.14%
HII D -0.14%
RHI B -0.14%
UFPI B -0.14%
CNM D -0.14%
FCN D -0.13%
GXO B -0.13%
OSK B -0.13%
R B -0.13%
GTLS B -0.13%
ESAB B -0.13%
MIDD C -0.13%
APG B -0.13%
SAIC F -0.13%
MSA D -0.12%
LYFT C -0.12%
AWI A -0.12%
LSTR D -0.12%
AZEK A -0.12%
VMI B -0.12%
HRI B -0.11%
UHAL D -0.11%
AVAV D -0.11%
CWST A -0.11%
MOG.A B -0.11%
BECN B -0.11%
DY D -0.1%
BCC B -0.1%
FSS B -0.1%
AGCO D -0.1%
WTS B -0.1%
STRL B -0.1%
ZWS B -0.1%
LUV C -0.09%
ST F -0.09%
TKR D -0.09%
ACA A -0.09%
GATX A -0.09%
EXPO D -0.09%
AL B -0.09%
MMS F -0.09%
BCO D -0.08%
FELE B -0.08%
KAI A -0.08%
ESE B -0.07%
VRRM D -0.07%
JBT B -0.07%
RUSHA C -0.07%
MWA B -0.07%
MSM C -0.07%
ENS D -0.07%
ROAD A -0.07%
GMS B -0.07%
KFY B -0.07%
KTOS B -0.07%
GTES A -0.07%
PRIM A -0.07%
ICFI F -0.06%
GFF A -0.06%
NPO A -0.06%
TNET D -0.06%
BRC D -0.06%
ALIT C -0.06%
GEO B -0.06%
SPR D -0.06%
DNB B -0.06%
CBZ B -0.06%
ABM B -0.06%
REZI A -0.06%
HNI B -0.05%
ARCB C -0.05%
EPAC B -0.05%
BE B -0.05%
RXO C -0.05%
MGRC B -0.05%
ACVA B -0.05%
UNF B -0.05%
MAN D -0.05%
HUBG A -0.05%
TRN C -0.05%
ALG B -0.04%
VSEC C -0.04%
GBX A -0.04%
HI C -0.04%
MRCY B -0.04%
ROCK C -0.04%
KAR B -0.04%
KMT B -0.04%
B B -0.04%
RUN F -0.04%
HURN B -0.04%
AAL B -0.04%
HAYW B -0.04%
AZZ B -0.04%
AIR B -0.04%
SXI B -0.04%
WERN C -0.04%
CXW B -0.04%
MYRG B -0.04%
NX C -0.03%
CLVT F -0.03%
REVG B -0.03%
TILE B -0.03%
AMWD C -0.03%
PLUG F -0.03%
DNOW B -0.03%
PYCR C -0.03%
TNC D -0.03%
CNXC F -0.03%
ALK C -0.03%
CSGS B -0.03%
VSTS C -0.03%
MLKN D -0.03%
HLIO B -0.03%
SNDR B -0.03%
SMR B -0.03%
APOG B -0.03%
AGX B -0.03%
KEX C -0.03%
HEES B -0.03%
UPWK B -0.03%
GRC A -0.02%
CDRE D -0.02%
WNC C -0.02%
JELD F -0.02%
HCSG C -0.02%
DXPE B -0.02%
VVI C -0.02%
HSII B -0.02%
TRNS D -0.02%
BXC B -0.02%
PRLB A -0.02%
ARRY C -0.02%
JOBY B -0.02%
THR B -0.02%
JBI F -0.02%
ERII D -0.02%
DRVN B -0.02%
DLX B -0.02%
CMCO B -0.02%
KFRC D -0.02%
BV B -0.02%
SCS C -0.02%
MRC B -0.02%
XMTR C -0.02%
TPC C -0.02%
BLBD D -0.02%
ENVX F -0.02%
VICR B -0.02%
FLNC C -0.02%
NVEE F -0.02%
LNN B -0.02%
CMPR D -0.02%
CRAI B -0.02%
AMSC B -0.02%
FA C -0.02%
TGI B -0.02%
TITN C -0.01%
CTOS C -0.01%
PLPC B -0.01%
ALGT B -0.01%
ULCC D -0.01%
DSGR D -0.01%
TWI F -0.01%
NPK B -0.01%
ATSG B -0.01%
MTW C -0.01%
ULH B -0.01%
FC F -0.01%
RUSHB B -0.01%
DDD C -0.01%
CHPT F -0.01%
HY D -0.01%
HTZ C -0.01%
ATRO D -0.01%
KELYA F -0.01%
GIC D -0.01%
LYTS B -0.01%
PLOW D -0.01%
IIIN C -0.01%
EBF F -0.01%
NVRI F -0.01%
LQDT B -0.01%
JBLU F -0.01%
PBI B -0.01%
PL A -0.01%
CNDT C -0.01%
ACCO C -0.01%
MATW C -0.01%
HTLD B -0.01%
MEG F -0.01%
GNK D -0.01%
FWRD D -0.01%
CECO A -0.01%
ASTE B -0.01%
GLDD B -0.01%
DCO C -0.01%
SHLS F -0.01%
ACHR B -0.01%
OFLX D -0.0%
SNCY C -0.0%
HDSN F -0.0%
TASK C -0.0%
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