EHLS vs. QVAL ETF Comparison
Comparison of Even Herd Long Short ETF (EHLS) to ValueShares U.S. Quantitative Value ETF (QVAL)
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
$20.88
Average Daily Volume
3,531
9
QVAL
ValueShares U.S. Quantitative Value ETF
QVAL Description
The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$45.67
Average Daily Volume
19,776
50
Performance
| Period | EHLS | QVAL |
|---|---|---|
| 30 Days | 4.19% | 4.99% |
| 60 Days | 6.61% | 4.72% |
| 90 Days | 3.88% | 6.15% |
| 12 Months | 26.09% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EHLS | Weight in QVAL | Overlap | |
|---|---|---|---|---|---|
| THC | A | 1.66% | 1.99% | 1.66% |
EHLS Underweight 49 Positions Relative to QVAL
| Symbol | Grade | Weight | |
|---|---|---|---|
| T | C | -2.24% | |
| ULTA | D | -2.18% | |
| CRI | D | -2.18% | |
| DAL | C | -2.16% | |
| TPR | C | -2.14% | |
| SIG | C | -2.13% | |
| WSM | D | -2.11% | |
| POWL | C | -2.1% | |
| ASO | C | -2.1% | |
| TAP | D | -2.09% | |
| MOH | D | -2.08% | |
| CVS | D | -2.07% | |
| LEN | B | -2.07% | |
| CMCSA | D | -2.06% | |
| PCAR | D | -2.06% | |
| GPK | B | -2.06% | |
| KBH | A | -2.05% | |
| HRB | C | -2.04% | |
| ELV | C | -2.03% | |
| CTSH | C | -2.03% | |
| SKX | D | -2.03% | |
| SNA | C | -2.03% | |
| OMC | B | -2.03% | |
| MO | C | -2.02% | |
| UFPI | C | -2.01% | |
| URBN | F | -2.0% | |
| MAT | C | -2.0% | |
| OC | D | -1.99% | |
| CAT | B | -1.98% | |
| FCX | D | -1.97% | |
| JBL | D | -1.97% | |
| CNC | D | -1.96% | |
| BKR | C | -1.96% | |
| WCC | D | -1.96% | |
| IPG | C | -1.94% | |
| ALSN | B | -1.94% | |
| LBRT | D | -1.94% | |
| GTES | C | -1.94% | |
| FOXA | B | -1.94% | |
| CEIX | D | -1.89% | |
| TEX | F | -1.88% | |
| MPC | F | -1.88% | |
| ARCH | F | -1.88% | |
| SLB | F | -1.88% | |
| HAL | F | -1.87% | |
| DVN | F | -1.85% | |
| CROX | D | -1.82% | |
| WFRD | F | -1.79% | |
| SM | F | -1.77% |
EHLS: Top Represented Industries & Keywords
QVAL: Top Represented Industries & Keywords
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