EHLS vs. FSCC ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to Trust Federated Hermes MDT Small Cap Core ETF (FSCC)

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

FSCC

Trust Federated Hermes MDT Small Cap Core ETF

FSCC Description

The fund seeks to achieve its objective by investing primarily in the common stock of small-capitalization (small-cap) U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in small companies. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$27.39

Average Daily Volume

1,205

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	FSCC
30 Days	8.97%	5.16%
60 Days	10.38%	5.36%
90 Days	12.83%	7.15%
12 Months

32 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in FSCC	Overlap
ADMA	B	1.26%	0.77%	0.77%
ADNT	F	-0.21%	0.05%	-0.21%
ALHC	C	0.42%	0.26%	0.26%
ALRM	C	-0.32%	0.12%	-0.32%
AMAL	B	0.56%	0.68%	0.56%
AVA	A	-0.3%	0.03%	-0.3%
CEIX	A	0.3%	0.67%	0.3%
CNK	C	0.51%	0.98%	0.51%
CSWI	B	2.03%	0.09%	0.09%
CVNA	B	1.29%	0.48%	0.48%
CWT	C	-0.24%	0.15%	-0.24%
EME	A	0.75%	0.88%	0.75%
EXLS	B	0.26%	0.05%	0.05%
FTDR	B	1.04%	0.96%	0.96%
JXN	C	0.87%	2.55%	0.87%
MUSA	B	0.27%	1.14%	0.27%
POWL	C	0.45%	0.04%	0.04%
PSN	D	0.7%	1.79%	0.7%
QTWO	A	1.82%	0.31%	0.31%
REAX	D	1.1%	0.21%	0.21%
RSI	A	0.98%	0.67%	0.67%
SFM	A	1.2%	0.77%	0.77%
SKT	A	1.14%	0.34%	0.34%
SKYW	C	0.76%	1.42%	0.76%
SLG	B	1.62%	0.42%	0.42%
SLVM	B	1.06%	0.21%	0.21%
STNG	F	-0.17%	0.12%	-0.17%
TENB	C	-0.33%	0.25%	-0.33%
TEX	F	-0.23%	0.43%	-0.23%
TPB	B	1.24%	0.39%	0.39%
VERX	A	0.49%	0.23%	0.23%
WFRD	D	-0.3%	0.17%	-0.3%

EHLS Overweight 239 Positions Relative to FSCC

Symbol	Grade	Weight
SPOT	B	2.25%
BMA	C	2.14%
HWM	A	1.8%
NVDA	B	1.72%
GDS	C	1.71%
LMB	B	1.7%
IRM	C	1.68%
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%
CRS	B	1.27%
CW	C	1.26%
WELL	A	1.25%
PLTR	B	1.25%
BK	A	1.24%
CEG	C	1.21%
CLBT	B	1.2%
NRG	B	1.2%
PAM	A	1.09%
RDNT	B	1.08%
ARES	A	1.05%
DASH	B	1.05%
TRGP	A	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%
TMUS	B	0.96%
NPAB	F	0.92%
EDN	B	0.92%
WAB	B	0.89%
ANET	C	0.88%
GLNG	C	0.86%
PNTG	D	0.84%
MOD	A	0.82%
IESC	C	0.79%
COOP	B	0.78%
CNX	A	0.76%
ISRG	A	0.76%
KKR	A	0.76%
BSX	A	0.71%
CDNA	D	0.62%
HLNE	B	0.62%
CCB	A	0.56%
AIT	B	0.55%
ALSN	B	0.55%
NBN	C	0.54%
BBSI	B	0.54%
FTI	A	0.53%
PKG	A	0.49%
TWLO	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%
UFPT	C	0.44%
RNA	C	0.44%
CACI	D	0.42%
RKLB	A	0.39%
WULF	C	0.34%
YPF	B	0.32%
TCBX	B	0.3%
FRHC	B	0.28%
KTB	B	0.27%
PPTA	C	0.27%
CASH	B	0.27%
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%
CVI	F	-0.15%
AMN	F	-0.16%
VSAT	F	-0.16%
AES	F	-0.17%
PGNY	F	-0.17%
APTV	F	-0.18%
ENPH	F	-0.18%
WU	F	-0.18%
FLNG	C	-0.19%
W	D	-0.2%
BEN	C	-0.2%
COLD	D	-0.2%
VAL	F	-0.2%
AMRC	F	-0.2%
WRLD	C	-0.2%
ASH	F	-0.21%
ELF	C	-0.21%
DG	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%
LEA	F	-0.22%
CSGP	D	-0.23%
MRK	D	-0.23%
ROG	D	-0.23%
DLB	B	-0.23%
NTST	C	-0.23%
APA	D	-0.23%
IMCR	D	-0.23%
NKE	F	-0.23%
ELV	F	-0.23%
MCHP	F	-0.23%
OLN	F	-0.23%
NUE	C	-0.23%
SCL	C	-0.24%
OMI	F	-0.24%
ENTG	D	-0.24%
WPC	C	-0.24%
ODP	F	-0.24%
NSP	F	-0.24%
WOR	F	-0.24%
APLS	F	-0.24%
PLD	F	-0.24%
PD	C	-0.24%
ETSY	D	-0.24%
SITE	F	-0.24%
CC	C	-0.24%
ADM	D	-0.25%
HSY	F	-0.25%
JBSS	F	-0.25%
AKAM	D	-0.25%
OTEX	F	-0.25%
FTV	C	-0.25%
PCH	F	-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%
ATKR	D	-0.25%
REXR	F	-0.25%
ALV	C	-0.25%
MGM	D	-0.26%
GO	C	-0.26%
BG	D	-0.26%
THS	D	-0.26%
ARE	F	-0.26%
STZ	D	-0.26%
ALGM	D	-0.26%
IAC	F	-0.26%
CTRA	B	-0.26%
HDB	C	-0.26%
FMX	F	-0.26%
SON	F	-0.26%
CALX	D	-0.27%
DVN	F	-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%
MUR	D	-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%
UGI	C	-0.29%
HP	C	-0.29%
SJM	D	-0.29%
CHRD	D	-0.29%
LKQ	F	-0.29%
AMRK	F	-0.29%
AIN	C	-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	B	-0.29%
CIVI	D	-0.29%
EXC	C	-0.3%
PINS	F	-0.3%
ES	C	-0.3%
EG	C	-0.3%
SNOW	B	-0.3%
RIO	D	-0.3%
HES	B	-0.3%
AWK	C	-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	F	-0.31%
ZD	B	-0.31%
IRTC	C	-0.32%
CAR	C	-0.32%
VLO	C	-0.32%
OVV	B	-0.33%
NARI	C	-0.34%
AMR	C	-0.35%
UPS	C	-0.37%
PRGO	C	-0.44%

EHLS Underweight 248 Positions Relative to FSCC

Symbol	Grade	Weight
KNF	B	-1.84%
GMS	B	-1.5%
BKU	A	-1.39%
SKWD	A	-1.18%
BRBR	A	-1.18%
FBK	C	-1.16%
CNO	B	-1.03%
MWA	B	-1.01%
EXTR	C	-0.94%
BY	B	-0.91%
NMRK	C	-0.87%
YOU	D	-0.86%
BDN	C	-0.86%
SM	B	-0.85%
OMCL	C	-0.84%
TMHC	C	-0.84%
YEXT	B	-0.79%
PRCT	B	-0.78%
OTTR	C	-0.78%
REZI	A	-0.77%
TXRH	B	-0.76%
TRMK	C	-0.74%
HALO	F	-0.73%
INSM	C	-0.71%
NUS	D	-0.71%
MAC	B	-0.7%
TVTX	C	-0.7%
WWW	A	-0.68%
HRMY	D	-0.68%
ALKS	C	-0.67%
PI	D	-0.67%
MNKD	C	-0.66%
RYAM	C	-0.66%
MBIN	F	-0.65%
ACLX	C	-0.63%
BPMC	B	-0.62%
RLI	A	-0.59%
BRSP	C	-0.59%
OUT	A	-0.57%
LUMN	C	-0.57%
VRNS	D	-0.56%
SPNT	B	-0.56%
HY	D	-0.56%
RDFN	D	-0.56%
TBRG	B	-0.55%
MEI	F	-0.55%
CXM	C	-0.55%
RAMP	B	-0.54%
SXC	A	-0.53%
WING	D	-0.53%
VCTR	B	-0.52%
RMR	F	-0.51%
POR	C	-0.51%
CMRE	C	-0.49%
UIS	B	-0.48%
COLL	F	-0.48%
BLBD	D	-0.47%
PRTA	F	-0.47%
CRDO	B	-0.46%
OFG	B	-0.46%
FBIZ	B	-0.46%
PRIM	A	-0.45%
HIMS	B	-0.44%
SWI	C	-0.44%
GRND	A	-0.43%
SHLS	F	-0.43%
GFF	A	-0.43%
BECN	B	-0.41%
UPBD	B	-0.41%
CRC	A	-0.4%
BV	C	-0.4%
CUBI	B	-0.39%
APPF	B	-0.39%
PLMR	A	-0.38%
XHR	B	-0.37%
ARRY	F	-0.37%
CMC	B	-0.36%
EIG	B	-0.36%
ASC	F	-0.35%
TREE	F	-0.34%
LBRT	D	-0.34%
LIVN	F	-0.33%
FULT	A	-0.33%
ESRT	C	-0.32%
INSW	F	-0.32%
ZETA	D	-0.31%
HURN	C	-0.31%
SMTC	B	-0.31%
INGN	C	-0.31%
IRBT	F	-0.3%
TMDX	F	-0.3%
TTEC	F	-0.3%
ONTF	C	-0.29%
BOX	B	-0.29%
CMPR	D	-0.29%
UTI	B	-0.28%
LC	A	-0.28%
VSCO	C	-0.27%
ANF	F	-0.27%
REVG	C	-0.26%
SPNS	F	-0.26%
CVLT	B	-0.25%
ANAB	F	-0.25%
MGY	A	-0.25%
HAIN	D	-0.25%
TCMD	B	-0.24%
WTS	B	-0.24%
APAM	B	-0.23%
NVRI	D	-0.23%
VMEO	B	-0.23%
NVCR	C	-0.22%
WRBY	A	-0.22%
ENR	B	-0.22%
LMAT	A	-0.21%
PRG	C	-0.21%
CDXS	B	-0.21%
TGI	B	-0.21%
WEAV	C	-0.21%
NTCT	C	-0.21%
FIX	A	-0.21%
NTB	B	-0.2%
MED	D	-0.2%
BCC	B	-0.19%
MBWM	B	-0.19%
PHIN	A	-0.19%
BSRR	B	-0.19%
KNTK	A	-0.19%
VICR	C	-0.19%
EPRT	B	-0.18%
SHYF	C	-0.18%
HTBI	B	-0.17%
BL	B	-0.17%
PETS	C	-0.17%
MTW	C	-0.16%
MD	C	-0.16%
COMM	D	-0.16%
CHGG	C	-0.16%
ELVN	D	-0.16%
ALKT	B	-0.16%
SAGE	F	-0.16%
MDXG	B	-0.16%
VITL	D	-0.16%
CTLP	B	-0.16%
DNOW	B	-0.15%
AKBA	C	-0.15%
NMIH	C	-0.15%
LTH	C	-0.14%
SEMR	C	-0.14%
APEI	B	-0.14%
HURC	B	-0.14%
HCI	C	-0.14%
FFWM	C	-0.14%
BKH	A	-0.14%
EBS	C	-0.13%
KOP	C	-0.13%
NATL	B	-0.13%
PGC	B	-0.13%
EAT	A	-0.13%
UMBF	B	-0.13%
BFH	C	-0.12%
BLX	B	-0.12%
XPRO	D	-0.12%
GDOT	D	-0.12%
JELD	F	-0.12%
SIGA	F	-0.12%
INTA	B	-0.12%
CLFD	F	-0.12%
TNC	D	-0.12%
RBBN	C	-0.11%
VNDA	C	-0.11%
RXT	C	-0.11%
PFBC	B	-0.11%
LADR	B	-0.11%
ITRI	C	-0.11%
CWK	C	-0.11%
AMRX	C	-0.11%
FORM	D	-0.11%
UNFI	A	-0.1%
CORT	B	-0.1%
ROAD	B	-0.1%
CYH	F	-0.1%
QLYS	B	-0.1%
XRX	F	-0.1%
FNKO	D	-0.1%
DSP	A	-0.09%
GKOS	B	-0.09%
PKOH	C	-0.09%
KELYA	F	-0.09%
CBNK	B	-0.09%
CPRX	C	-0.09%
EYE	C	-0.09%
OIS	B	-0.08%
SUPN	C	-0.08%
KRYS	C	-0.08%
SPSC	D	-0.07%
NBR	C	-0.07%
FATE	F	-0.07%
MAX	F	-0.07%
PHAT	F	-0.07%
TH	C	-0.07%
TGTX	B	-0.07%
ALDX	D	-0.07%
MSBI	B	-0.07%
WSR	A	-0.07%
WS	C	-0.06%
ZNTL	F	-0.06%
MCY	A	-0.06%
DGII	C	-0.06%
CPK	A	-0.06%
MRC	B	-0.05%
HTZ	C	-0.05%
DOLE	D	-0.05%
KLIC	B	-0.05%
CRNC	C	-0.05%
VC	F	-0.05%
PLUG	F	-0.05%
FMBH	B	-0.05%
UVE	B	-0.05%
CMCO	C	-0.05%
CLAR	D	-0.05%
BANF	B	-0.05%
WGO	C	-0.04%
DFIN	D	-0.04%
LOCO	D	-0.04%
FORR	C	-0.04%
RAPT	F	-0.04%
DAN	D	-0.04%
SKIN	D	-0.04%
VRNT	C	-0.04%
ENTA	F	-0.04%
EVER	D	-0.04%
NRIX	C	-0.04%
ACA	A	-0.04%
MNRO	D	-0.04%
THR	B	-0.04%
PAHC	C	-0.04%
EGHT	B	-0.04%
MESA	F	-0.03%
AMPY	C	-0.03%
BCRX	D	-0.03%
ILPT	F	-0.03%
TERN	F	-0.03%
BBCP	D	-0.03%
ACLS	F	-0.03%
NVRO	F	-0.03%
SAVE	F	-0.02%
SSP	F	-0.02%
JRVR	F	-0.02%