EHLS vs. QABA ETF Comparison
Comparison of Even Herd Long Short ETF (EHLS) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)
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
$20.86
Average Daily Volume
3,273
9
QABA
First Trust NASDAQ ABA Community Bank Index Fund
QABA Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.Grade (RS Rating)
Last Trade
$51.08
Average Daily Volume
32,613
120
Performance
| Period | EHLS | QABA |
|---|---|---|
| 30 Days | 1.29% | -5.74% |
| 60 Days | 9.78% | 0.50% |
| 90 Days | 2.40% | 13.03% |
| 12 Months | 33.19% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EHLS | Weight in QABA | Overlap | |
|---|---|---|---|---|---|
| AMAL | D | 1.6% | 0.53% | 0.53% |
EHLS Underweight 119 Positions Relative to QABA
| Symbol | Grade | Weight | |
|---|---|---|---|
| CBSH | D | -4.38% | |
| WTFC | C | -3.95% | |
| FFIN | D | -2.99% | |
| UMBF | C | -2.86% | |
| UBSI | D | -2.81% | |
| OZK | F | -2.66% | |
| HWC | D | -2.44% | |
| IBOC | D | -2.1% | |
| TFSL | D | -2.01% | |
| BANF | D | -1.96% | |
| FULT | D | -1.85% | |
| TCBI | C | -1.83% | |
| FIBK | D | -1.78% | |
| CATY | D | -1.72% | |
| WSFS | D | -1.71% | |
| FHB | D | -1.67% | |
| WAFD | D | -1.57% | |
| SFNC | C | -1.49% | |
| TBBK | C | -1.43% | |
| TOWN | D | -1.41% | |
| INDB | D | -1.41% | |
| CVBF | D | -1.4% | |
| PPBI | D | -1.35% | |
| FFBC | D | -1.33% | |
| SBCF | D | -1.28% | |
| FRME | D | -1.2% | |
| NBTB | D | -1.17% | |
| BANR | C | -1.16% | |
| MBIN | D | -1.14% | |
| TRMK | D | -1.1% | |
| EFSC | D | -1.07% | |
| SYBT | C | -1.03% | |
| WSBC | D | -1.0% | |
| CLBK | F | -1.0% | |
| FBNC | D | -0.99% | |
| CHCO | D | -0.96% | |
| NWBI | D | -0.94% | |
| LKFN | D | -0.94% | |
| CASH | D | -0.92% | |
| STBA | D | -0.91% | |
| HOPE | D | -0.85% | |
| BUSE | D | -0.84% | |
| SASR | C | -0.81% | |
| SRCE | D | -0.81% | |
| TCBK | D | -0.79% | |
| VBTX | C | -0.78% | |
| WABC | F | -0.73% | |
| QCRH | D | -0.7% | |
| GABC | D | -0.65% | |
| RBCAA | C | -0.62% | |
| DCOM | C | -0.62% | |
| PFBC | D | -0.6% | |
| PEBO | D | -0.6% | |
| OCFC | C | -0.58% | |
| SBSI | D | -0.56% | |
| CNOB | C | -0.54% | |
| BHRB | D | -0.53% | |
| FMBH | D | -0.52% | |
| BFC | D | -0.5% | |
| BRKL | D | -0.5% | |
| CTBI | D | -0.49% | |
| CFB | D | -0.47% | |
| PFC | D | -0.47% | |
| UVSP | D | -0.46% | |
| FCBC | D | -0.44% | |
| CFFN | D | -0.43% | |
| HFWA | D | -0.42% | |
| OSBC | D | -0.4% | |
| IBCP | D | -0.39% | |
| MBWM | D | -0.39% | |
| ORRF | C | -0.38% | |
| HBNC | D | -0.38% | |
| EGBN | C | -0.38% | |
| GSBC | D | -0.38% | |
| CCB | C | -0.38% | |
| BFST | C | -0.36% | |
| SMBC | D | -0.35% | |
| FSBC | C | -0.35% | |
| TRST | D | -0.35% | |
| CCBG | C | -0.34% | |
| HTBI | D | -0.34% | |
| HTBK | D | -0.34% | |
| CASS | D | -0.32% | |
| HONE | D | -0.32% | |
| HAFC | D | -0.32% | |
| CAC | C | -0.32% | |
| NBN | B | -0.31% | |
| WASH | D | -0.31% | |
| FMNB | D | -0.31% | |
| HIFS | D | -0.3% | |
| SPFI | D | -0.3% | |
| CCNE | D | -0.29% | |
| THFF | D | -0.29% | |
| ESQ | C | -0.29% | |
| MPB | C | -0.28% | |
| NFBK | D | -0.28% | |
| AROW | D | -0.27% | |
| PGC | D | -0.27% | |
| BCAL | D | -0.26% | |
| SHBI | D | -0.26% | |
| MSBI | D | -0.26% | |
| KRNY | D | -0.25% | |
| MOFG | D | -0.25% | |
| BSRR | D | -0.24% | |
| RBB | D | -0.23% | |
| FFIC | D | -0.23% | |
| EBTC | C | -0.22% | |
| CARE | C | -0.22% | |
| FISI | C | -0.22% | |
| TCBX | C | -0.21% | |
| BWB | C | -0.21% | |
| NRIM | C | -0.21% | |
| BMRC | D | -0.19% | |
| NECB | B | -0.18% | |
| NEWT | D | -0.17% | |
| WSBF | D | -0.17% | |
| INBK | D | -0.17% | |
| FRST | D | -0.17% | |
| FLIC | C | -0.16% |
EHLS: Top Represented Industries & Keywords
QABA: Top Represented Industries & Keywords
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