EHLS vs. JUST ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST)

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

JUST

Goldman Sachs JUST U.S. Large Cap Equity ETF

JUST Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Small Cap Equity Index. The fund invests at least 80% of its assets in securities included in its index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology, which was developed to provide exposure to the "factors" that are commonly tied to a stock's outperformance relative to market returns. These factors include value, momentum, quality and low volatility.

Grade (RS Rating)

Last Trade

$84.39

Average Daily Volume

16,491

Number of Holdings ^*

456

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	JUST
30 Days	8.97%	1.32%
60 Days	10.38%	4.13%
90 Days	12.83%	5.32%
12 Months		31.37%

60 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in JUST	Overlap
ADM	D	-0.25%	0.07%	-0.25%
AES	F	-0.17%	0.03%	-0.17%
AKAM	D	-0.25%	0.03%	-0.25%
ALB	B	-0.28%	0.03%	-0.28%
APA	D	-0.23%	0.02%	-0.23%
APTV	F	-0.18%	0.04%	-0.18%
AVTR	F	-0.22%	0.03%	-0.22%
AWK	C	-0.3%	0.07%	-0.3%
AXP	A	1.0%	0.41%	0.41%
BG	D	-0.26%	0.03%	-0.26%
BK	A	1.24%	0.17%	0.17%
BSX	A	0.71%	0.29%	0.29%
CAR	C	-0.32%	0.01%	-0.32%
CBRE	B	0.98%	0.14%	0.14%
CEG	C	1.21%	0.2%	0.2%
CSGP	D	-0.23%	0.1%	-0.23%
DVN	F	-0.27%	0.06%	-0.27%
ELV	F	-0.23%	0.21%	-0.23%
ES	C	-0.3%	0.06%	-0.3%
ETSY	D	-0.24%	0.02%	-0.24%
EXC	C	-0.3%	0.11%	-0.3%
EXEL	B	0.23%	0.02%	0.02%
F	C	-0.25%	0.11%	-0.25%
FI	A	0.48%	0.31%	0.31%
FTV	C	-0.25%	0.07%	-0.25%
GIS	D	-0.25%	0.09%	-0.25%
HES	B	-0.3%	0.1%	-0.3%
HSY	F	-0.25%	0.07%	-0.25%
IDXX	F	-0.3%	0.08%	-0.3%
IPG	D	-0.25%	0.03%	-0.25%
IRM	C	1.68%	0.11%	0.11%
ISRG	A	0.76%	0.43%	0.43%
KMX	B	-0.31%	0.03%	-0.31%
LEA	F	-0.22%	0.02%	-0.22%
MGM	D	-0.26%	0.02%	-0.26%
MOS	F	-0.29%	0.02%	-0.29%
MRK	D	-0.23%	0.56%	-0.23%
NKE	F	-0.23%	0.24%	-0.23%
NRG	B	1.2%	0.05%	0.05%
NVDA	B	1.72%	7.5%	1.72%
OKTA	C	-0.28%	0.03%	-0.28%
ON	D	-0.27%	0.06%	-0.27%
PEGA	B	0.25%	0.01%	0.01%
PEP	F	-0.25%	0.58%	-0.25%
PGR	A	0.48%	0.44%	0.44%
PLD	F	-0.24%	0.36%	-0.24%
PPG	F	-0.3%	0.07%	-0.3%
SITE	F	-0.24%	0.02%	-0.24%
SOFI	B	0.25%	0.04%	0.04%
SON	F	-0.26%	0.01%	-0.26%
TDC	D	-0.29%	0.01%	-0.29%
TMO	F	-0.29%	0.46%	-0.29%
TMUS	B	0.96%	0.26%	0.26%
TYL	B	0.48%	0.06%	0.06%
UPS	C	-0.37%	0.25%	-0.37%
VLO	C	-0.32%	0.11%	-0.32%
VST	A	1.31%	0.13%	0.13%
W	D	-0.2%	0.01%	-0.2%
WAB	B	0.89%	0.09%	0.09%
WU	F	-0.18%	0.01%	-0.18%

EHLS Overweight 211 Positions Relative to JUST

Symbol	Grade	Weight
SPOT	B	2.25%
BMA	C	2.14%
CSWI	B	2.03%
QTWO	A	1.82%
HWM	A	1.8%
GDS	C	1.71%
LMB	B	1.7%
PIPR	A	1.67%
META	D	1.64%
SLG	B	1.62%
MSI	B	1.57%
USLM	A	1.53%
CTAS	B	1.48%
HWKN	B	1.46%
GVA	A	1.41%
IGIC	B	1.33%
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%
SFM	A	1.2%
CLBT	B	1.2%
SKT	A	1.14%
REAX	D	1.1%
PAM	A	1.09%
RDNT	B	1.08%
SLVM	B	1.06%
ARES	A	1.05%
DASH	B	1.05%
FTDR	B	1.04%
TRGP	A	1.03%
TPL	A	1.02%
HOOD	B	1.01%
BRO	B	1.0%
THC	D	0.98%
RSI	A	0.98%
NPAB	F	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%
IESC	C	0.79%
COOP	B	0.78%
SKYW	C	0.76%
CNX	A	0.76%
KKR	A	0.76%
EME	A	0.75%
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%
PKG	A	0.49%
TWLO	A	0.49%
VERX	A	0.49%
CLH	C	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%
KTB	B	0.27%
MUSA	B	0.27%
PPTA	C	0.27%
CASH	B	0.27%
EXLS	B	0.26%
LYV	A	0.26%
MLR	C	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%
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%
PGNY	F	-0.17%
STNG	F	-0.17%
ENPH	F	-0.18%
FLNG	C	-0.19%
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%
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%
DOOO	F	-0.22%
ROG	D	-0.23%
DLB	B	-0.23%
NTST	C	-0.23%
IMCR	D	-0.23%
TEX	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%
CWT	C	-0.24%
WPC	C	-0.24%
ODP	F	-0.24%
NSP	F	-0.24%
WOR	F	-0.24%
APLS	F	-0.24%
PD	C	-0.24%
CC	C	-0.24%
JBSS	F	-0.25%
OTEX	F	-0.25%
PCH	F	-0.25%
MTN	C	-0.25%
FUL	F	-0.25%
ATKR	D	-0.25%
REXR	F	-0.25%
ALV	C	-0.25%
GO	C	-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%
CALX	D	-0.27%
COHU	C	-0.27%
HXL	F	-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%
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%
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%
URBN	C	-0.29%
CENT	C	-0.29%
SLB	C	-0.29%
SIGI	C	-0.29%
RPD	B	-0.29%
CIVI	D	-0.29%
PINS	F	-0.3%
EG	C	-0.3%
SNOW	B	-0.3%
WFRD	D	-0.3%
RIO	D	-0.3%
AVA	A	-0.3%
EVTC	B	-0.3%
HELE	C	-0.3%
ACI	C	-0.3%
DIOD	D	-0.3%
OXM	F	-0.31%
ZD	B	-0.31%
IRTC	C	-0.32%
ALRM	C	-0.32%
TENB	C	-0.33%
OVV	B	-0.33%
NARI	C	-0.34%
AMR	C	-0.35%
PRGO	C	-0.44%

EHLS Underweight 396 Positions Relative to JUST

Symbol	Grade	Weight
AAPL	C	-7.25%
MSFT	D	-6.93%
AMZN	C	-4.89%
GOOGL	C	-2.25%
JPM	A	-2.01%
GOOG	C	-1.91%
AVGO	D	-1.69%
LLY	F	-1.41%
XOM	B	-1.29%
V	A	-1.24%
UNH	B	-1.22%
MA	B	-1.1%
COST	A	-1.09%
HD	B	-1.07%
PG	C	-1.0%
WMT	A	-0.97%
BAC	A	-0.9%
CRM	B	-0.68%
CVX	A	-0.67%
ABBV	F	-0.67%
KO	D	-0.62%
ACN	B	-0.58%
LIN	C	-0.57%
GS	A	-0.54%
DIS	B	-0.53%
CSCO	B	-0.52%
ADBE	C	-0.51%
GE	D	-0.5%
AMD	F	-0.49%
CAT	B	-0.48%
SPGI	C	-0.46%
NOW	A	-0.46%
ABT	B	-0.45%
MS	A	-0.45%
BLK	B	-0.45%
BKNG	A	-0.45%
NEE	C	-0.43%
IBM	C	-0.42%
TXN	C	-0.41%
LOW	C	-0.41%
INTU	B	-0.41%
QCOM	F	-0.4%
RTX	D	-0.4%
C	A	-0.38%
UBER	F	-0.38%
HON	C	-0.38%
VZ	C	-0.38%
UNP	C	-0.37%
ETN	A	-0.37%
CMCSA	B	-0.37%
T	A	-0.36%
TJX	A	-0.36%
SCHW	B	-0.35%
DHR	F	-0.35%
AMGN	F	-0.35%
AMAT	F	-0.34%
PFE	F	-0.33%
MMC	B	-0.32%
SYK	B	-0.31%
AMT	C	-0.31%
ADP	A	-0.31%
COP	C	-0.31%
SBUX	A	-0.3%
EQIX	A	-0.29%
LMT	D	-0.29%
VRTX	D	-0.28%
BMY	B	-0.27%
GILD	C	-0.26%
PANW	B	-0.26%
MDT	D	-0.25%
WM	B	-0.25%
DE	B	-0.25%
ICE	C	-0.25%
DUK	C	-0.24%
MU	D	-0.24%
PNC	B	-0.24%
BA	F	-0.24%
GEV	B	-0.23%
ADI	D	-0.23%
USB	A	-0.23%
SHW	B	-0.23%
CME	B	-0.23%
INTC	C	-0.23%
TT	A	-0.23%
CMG	B	-0.22%
MCO	B	-0.22%
PYPL	B	-0.22%
MDLZ	F	-0.22%
AON	A	-0.21%
LRCX	F	-0.21%
DLR	B	-0.2%
CI	D	-0.2%
MCK	A	-0.2%
TGT	F	-0.19%
MMM	D	-0.19%
CL	D	-0.19%
NOC	D	-0.18%
TFC	A	-0.18%
CSX	C	-0.18%
AFL	B	-0.18%
CDNS	B	-0.18%
CVS	D	-0.18%
ZTS	D	-0.18%
SNPS	B	-0.18%
REGN	F	-0.18%
APD	A	-0.18%
EMR	B	-0.18%
MRVL	B	-0.17%
TRV	B	-0.17%
FDX	B	-0.17%
GM	C	-0.17%
MAR	A	-0.17%
COF	C	-0.17%
ABNB	C	-0.16%
SRE	A	-0.16%
CARR	C	-0.16%
WMB	A	-0.16%
FCX	F	-0.16%
ECL	D	-0.16%
AMP	A	-0.16%
HLT	A	-0.16%
HCA	F	-0.15%
JCI	B	-0.15%
BDX	F	-0.15%
ALL	A	-0.15%
OKE	A	-0.15%
RCL	A	-0.15%
CCI	C	-0.15%
AEP	C	-0.14%
MET	A	-0.14%
AIG	B	-0.14%
ADSK	A	-0.14%
URI	C	-0.14%
WDAY	B	-0.13%
CMI	A	-0.13%
FTNT	C	-0.13%
CPRT	B	-0.13%
D	C	-0.13%
MPC	D	-0.13%
MSCI	C	-0.13%
PRU	A	-0.13%
PWR	A	-0.12%
EA	A	-0.12%
LHX	C	-0.12%
PEG	A	-0.12%
NEM	D	-0.12%
DFS	B	-0.12%
KMI	A	-0.12%
VRSK	A	-0.11%
LULU	C	-0.11%
XEL	A	-0.11%
IR	B	-0.11%
AVB	B	-0.11%
AME	A	-0.11%
KMB	C	-0.11%
DAL	B	-0.11%
LNG	A	-0.11%
KDP	F	-0.1%
SYY	D	-0.1%
HIG	B	-0.1%
COR	B	-0.1%
MTB	A	-0.1%
ACGL	C	-0.1%
OTIS	C	-0.1%
BKR	A	-0.1%
EIX	B	-0.09%
ETR	B	-0.09%
VTR	B	-0.09%
EW	C	-0.09%
DD	C	-0.09%
GRMN	B	-0.09%
CTSH	B	-0.09%
IT	C	-0.09%
FITB	B	-0.09%
WTW	B	-0.09%
NDAQ	A	-0.09%
EQR	C	-0.09%
MLM	C	-0.09%
BR	A	-0.08%
HUM	C	-0.08%
WY	F	-0.08%
HPQ	B	-0.08%
TSCO	D	-0.08%
DOW	F	-0.08%
GLW	B	-0.08%
SBAC	D	-0.08%
OXY	D	-0.08%
UAL	A	-0.08%
CHTR	C	-0.08%
TTWO	A	-0.08%
IQV	F	-0.08%
STT	B	-0.08%
ROK	C	-0.08%
EBAY	D	-0.08%
A	D	-0.08%
SYF	B	-0.07%
AEE	A	-0.07%
ESS	B	-0.07%
ANSS	B	-0.07%
CAH	B	-0.07%
DXCM	C	-0.07%
PPL	A	-0.07%
LPLA	A	-0.07%
CNC	D	-0.07%
KEYS	A	-0.07%
RF	A	-0.07%
DECK	A	-0.07%
ALNY	D	-0.07%
RMD	C	-0.07%
HBAN	A	-0.07%
XYL	D	-0.07%
NTAP	C	-0.06%
KIM	A	-0.06%
K	A	-0.06%
GDDY	A	-0.06%
MPWR	F	-0.06%
IFF	D	-0.06%
NET	B	-0.06%
CBOE	C	-0.06%
PFG	D	-0.06%
EXPE	B	-0.06%
HPE	B	-0.06%
WBD	B	-0.06%
HAL	C	-0.06%
IEX	C	-0.05%
LVS	B	-0.05%
OC	A	-0.05%
ZM	C	-0.05%
J	D	-0.05%
LH	B	-0.05%
EQH	C	-0.05%
TSN	B	-0.05%
BALL	F	-0.05%
ILMN	C	-0.05%
TRU	D	-0.05%
WAT	C	-0.05%
UDR	B	-0.05%
ZBH	C	-0.05%
MKC	C	-0.05%
LDOS	C	-0.05%
KEY	B	-0.05%
FSLR	F	-0.05%
BIIB	F	-0.05%
CLX	A	-0.05%
BAH	F	-0.05%
LII	A	-0.05%
BBY	D	-0.05%
CNP	A	-0.05%
LUV	C	-0.05%
ZBRA	B	-0.05%
LYB	F	-0.05%
OMC	C	-0.05%
CSL	C	-0.05%
BAX	F	-0.04%
DOCU	B	-0.04%
ACM	B	-0.04%
GWRE	A	-0.04%
NDSN	B	-0.04%
TER	F	-0.04%
GEN	B	-0.04%
TPR	B	-0.04%
USFD	A	-0.04%
DGX	A	-0.04%
Z	A	-0.04%
NTNX	B	-0.04%
ZS	B	-0.04%
UNM	A	-0.04%
TXT	D	-0.04%
EL	F	-0.04%
HOLX	D	-0.04%
CF	A	-0.04%
JLL	D	-0.04%
BXP	C	-0.04%
TW	A	-0.04%
MDB	B	-0.04%
PNR	A	-0.04%
RGA	A	-0.04%
WSM	C	-0.04%
MAS	D	-0.04%
WDC	D	-0.04%
AAL	B	-0.03%
DAY	B	-0.03%
CNH	C	-0.03%
PNFP	B	-0.03%
CMA	B	-0.03%
INGR	C	-0.03%
JNPR	D	-0.03%
AA	A	-0.03%
AYI	B	-0.03%
INCY	C	-0.03%
MKTX	D	-0.03%
ALLY	C	-0.03%
PNW	A	-0.03%
BLD	D	-0.03%
ATR	B	-0.03%
TAP	C	-0.03%
MRNA	F	-0.03%
NWSA	A	-0.03%
OWL	A	-0.03%
DKS	D	-0.03%
AFRM	A	-0.03%
EMN	C	-0.03%
FOXA	A	-0.03%
NCLH	B	-0.03%
NVT	B	-0.03%
ITT	A	-0.03%
FHN	A	-0.03%
AIZ	A	-0.03%
FFIV	B	-0.03%
CHRW	B	-0.03%
SCI	B	-0.03%
SWK	D	-0.03%
VNT	C	-0.02%
ESTC	C	-0.02%
SLM	A	-0.02%
SMAR	B	-0.02%
DBX	B	-0.02%
AZEK	A	-0.02%
FOX	A	-0.02%
THG	A	-0.02%
WHR	B	-0.02%
WBA	F	-0.02%
RGEN	D	-0.02%
LNC	C	-0.02%
FCN	F	-0.02%
MTCH	D	-0.02%
FMC	D	-0.02%
PVH	C	-0.02%
AWI	A	-0.02%
PARA	C	-0.02%
DVA	C	-0.02%
LPX	B	-0.02%
KBR	F	-0.02%
ALK	B	-0.02%
IVZ	B	-0.02%
COLB	B	-0.02%
OSK	C	-0.02%
AXS	A	-0.02%
HSIC	C	-0.02%
VFC	C	-0.02%
RRC	B	-0.02%
BBWI	C	-0.02%
BERY	C	-0.02%
TFX	F	-0.02%
MTG	C	-0.02%
H	B	-0.02%
CE	F	-0.02%
WH	B	-0.02%
GPK	C	-0.02%
HRB	D	-0.02%
BWA	D	-0.02%
HAS	D	-0.02%
CPB	D	-0.02%
VOYA	B	-0.02%
CIEN	C	-0.02%
SNV	C	-0.02%
SOLV	D	-0.02%
HRL	D	-0.02%
FBIN	D	-0.02%
ARMK	B	-0.02%
KSS	F	-0.01%
PINC	B	-0.01%
DV	C	-0.01%
RARE	F	-0.01%
NVST	B	-0.01%
AGR	A	-0.01%
SPR	D	-0.01%
XRAY	F	-0.01%
PENN	C	-0.01%
OGN	F	-0.01%
PAG	B	-0.01%
YETI	D	-0.01%
MDU	D	-0.01%
BHF	C	-0.01%
PII	F	-0.01%
NWS	A	-0.01%
TNL	A	-0.01%
INSP	D	-0.01%
M	F	-0.01%
HOG	D	-0.01%
GAP	C	-0.01%
TKR	D	-0.01%
CHH	A	-0.01%
CRUS	D	-0.01%
GTLB	B	-0.01%
ST	F	-0.01%
LITE	B	-0.01%
ZG	A	-0.01%
LOPE	C	-0.01%
AGCO	D	-0.01%
DINO	D	-0.01%
AGO	B	-0.01%
CLF	F	-0.01%
QS	F	-0.0%
SNDR	B	-0.0%
RKT	F	-0.0%