EHLS vs. RVRB ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to Reverb ETF (RVRB)

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

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

212

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	RVRB
30 Days	10.27%	3.12%
60 Days	10.82%	5.02%
90 Days	13.69%	7.06%
12 Months		31.49%

81 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in RVRB	Overlap
ADM	D	-0.25%	0.04%	-0.25%
AES	F	-0.17%	0.01%	-0.17%
AKAM	D	-0.25%	0.01%	-0.25%
ALB	C	-0.28%	0.01%	-0.28%
ANET	C	0.88%	0.22%	0.22%
APTV	D	-0.18%	0.02%	-0.18%
ARE	D	-0.26%	0.03%	-0.26%
ARES	A	1.05%	0.05%	0.05%
AVTR	F	-0.22%	0.03%	-0.22%
AWK	D	-0.3%	0.04%	-0.3%
AXP	A	1.0%	0.37%	0.37%
BG	F	-0.26%	0.01%	-0.26%
BK	A	1.24%	0.1%	0.1%
BRO	B	1.0%	0.06%	0.06%
BSX	B	0.71%	0.24%	0.24%
CBRE	B	0.98%	0.07%	0.07%
CDW	F	-0.27%	0.05%	-0.27%
CEG	D	1.21%	0.13%	0.13%
CSGP	D	-0.23%	0.05%	-0.23%
CTAS	B	1.48%	0.17%	0.17%
CTRA	B	-0.26%	0.03%	-0.26%
CVNA	B	1.29%	0.03%	0.03%
DASH	A	1.05%	0.12%	0.12%
DG	F	-0.21%	0.03%	-0.21%
DVN	F	-0.27%	0.05%	-0.27%
EG	C	-0.3%	0.02%	-0.3%
ELV	F	-0.23%	0.16%	-0.23%
ENPH	F	-0.18%	0.01%	-0.18%
ES	D	-0.3%	0.04%	-0.3%
ETSY	D	-0.24%	0.01%	-0.24%
EXC	C	-0.3%	0.07%	-0.3%
F	C	-0.25%	0.08%	-0.25%
FI	A	0.48%	0.23%	0.23%
FICO	B	1.3%	0.15%	0.15%
FTV	C	-0.25%	0.05%	-0.25%
GIS	D	-0.25%	0.06%	-0.25%
HES	B	-0.3%	0.08%	-0.3%
HOOD	B	1.01%	0.02%	0.02%
HSY	F	-0.25%	0.07%	-0.25%
HUBB	B	0.46%	0.03%	0.03%
HWM	A	1.8%	0.08%	0.08%
IDXX	F	-0.3%	0.05%	-0.3%
IRM	D	1.68%	0.06%	0.06%
ISRG	A	0.76%	0.34%	0.34%
KKR	A	0.76%	0.24%	0.24%
LKQ	D	-0.29%	0.01%	-0.29%
LYV	A	0.26%	0.06%	0.06%
MCHP	D	-0.23%	0.06%	-0.23%
META	D	1.64%	2.4%	1.64%
MGM	D	-0.26%	0.01%	-0.26%
MOS	F	-0.29%	0.01%	-0.29%
MRK	F	-0.23%	0.35%	-0.23%
MSI	B	1.57%	0.16%	0.16%
NKE	D	-0.23%	0.21%	-0.23%
NRG	B	1.2%	0.02%	0.02%
NUE	C	-0.23%	0.07%	-0.23%
NVDA	C	1.72%	6.15%	1.72%
OKTA	C	-0.28%	0.01%	-0.28%
ON	D	-0.27%	0.05%	-0.27%
PEP	F	-0.25%	0.39%	-0.25%
PGR	A	0.48%	0.26%	0.26%
PINS	D	-0.3%	0.03%	-0.3%
PKG	A	0.49%	0.02%	0.02%
PLD	D	-0.24%	0.18%	-0.24%
PLTR	B	1.25%	0.24%	0.24%
PPG	F	-0.3%	0.06%	-0.3%
SJM	D	-0.29%	0.01%	-0.29%
SNOW	C	-0.3%	0.07%	-0.3%
SPOT	B	2.25%	0.15%	0.15%
STZ	D	-0.26%	0.08%	-0.26%
TMO	F	-0.29%	0.34%	-0.29%
TMUS	B	0.96%	0.46%	0.46%
TRGP	B	1.03%	0.07%	0.07%
TYL	B	0.48%	0.04%	0.04%
UPS	C	-0.37%	0.2%	-0.37%
VLO	C	-0.32%	0.08%	-0.32%
VRSN	F	-0.28%	0.04%	-0.28%
VST	B	1.31%	0.09%	0.09%
WAB	B	0.89%	0.06%	0.06%
WELL	A	1.25%	0.15%	0.15%
WPC	D	-0.24%	0.01%	-0.24%

EHLS Overweight 190 Positions Relative to RVRB

Symbol	Grade	Weight
BMA	B	2.14%
CSWI	A	2.03%
QTWO	A	1.82%
GDS	C	1.71%
LMB	A	1.7%
PIPR	B	1.67%
SLG	B	1.62%
USLM	A	1.53%
HWKN	B	1.46%
GVA	A	1.41%
IGIC	B	1.33%
SE	B	1.3%
CRS	A	1.27%
CW	B	1.26%
ADMA	B	1.26%
TPB	B	1.24%
SFM	A	1.2%
CLBT	B	1.2%
SKT	B	1.14%
REAX	D	1.1%
PAM	A	1.09%
RDNT	B	1.08%
SLVM	B	1.06%
FTDR	A	1.04%
TPL	A	1.02%
THC	D	0.98%
RSI	B	0.98%
NPAB	B	0.92%
EDN	B	0.92%
JXN	C	0.87%
GLNG	C	0.86%
PNTG	D	0.84%
MOD	A	0.82%
IESC	B	0.79%
COOP	B	0.78%
SKYW	B	0.76%
CNX	A	0.76%
EME	C	0.75%
PSN	D	0.7%
CDNA	D	0.62%
HLNE	B	0.62%
CCB	A	0.56%
AMAL	B	0.56%
AIT	A	0.55%
ALSN	B	0.55%
NBN	B	0.54%
BBSI	B	0.54%
FTI	A	0.53%
CNK	B	0.51%
TWLO	A	0.49%
VERX	B	0.49%
CLH	B	0.48%
QFIN	B	0.47%
MMYT	B	0.46%
GRBK	D	0.46%
POWL	C	0.45%
UFPT	B	0.44%
RNA	D	0.44%
ALHC	C	0.42%
CACI	D	0.42%
RKLB	B	0.39%
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%
EXLS	B	0.26%
SOFI	A	0.25%
MLR	B	0.25%
PEGA	A	0.25%
SNEX	B	0.25%
MATX	C	0.24%
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%
PGNY	F	-0.17%
STNG	F	-0.17%
WU	D	-0.18%
FLNG	B	-0.19%
W	F	-0.2%
BEN	C	-0.2%
COLD	D	-0.2%
VAL	D	-0.2%
AMRC	F	-0.2%
WRLD	C	-0.2%
ASH	D	-0.21%
ELF	C	-0.21%
ADNT	F	-0.21%
WSC	D	-0.21%
ASML	F	-0.22%
IGT	F	-0.22%
ENOV	C	-0.22%
PARR	D	-0.22%
FIVE	F	-0.22%
DOOO	F	-0.22%
LEA	D	-0.22%
ROG	D	-0.23%
DLB	B	-0.23%
NTST	D	-0.23%
APA	D	-0.23%
IMCR	D	-0.23%
TEX	D	-0.23%
OLN	D	-0.23%
SCL	C	-0.24%
OMI	F	-0.24%
ENTG	D	-0.24%
CWT	D	-0.24%
ODP	F	-0.24%
NSP	D	-0.24%
WOR	F	-0.24%
APLS	D	-0.24%
PD	C	-0.24%
SITE	D	-0.24%
CC	C	-0.24%
JBSS	D	-0.25%
OTEX	D	-0.25%
PCH	D	-0.25%
IPG	D	-0.25%
MTN	C	-0.25%
FUL	F	-0.25%
ATKR	C	-0.25%
REXR	F	-0.25%
ALV	C	-0.25%
GO	C	-0.26%
THS	D	-0.26%
ALGM	D	-0.26%
IAC	D	-0.26%
HDB	C	-0.26%
FMX	F	-0.26%
SON	D	-0.26%
CALX	D	-0.27%
COHU	C	-0.27%
HXL	D	-0.27%
MTDR	B	-0.27%
SLAB	D	-0.27%
CNI	D	-0.27%
CWH	B	-0.27%
YELP	C	-0.28%
VTLE	C	-0.28%
MUR	D	-0.28%
MRTN	C	-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%
CHRD	D	-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	C	-0.29%
CIVI	D	-0.29%
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%
KMX	B	-0.31%
OXM	D	-0.31%
ZD	C	-0.31%
IRTC	D	-0.32%
CAR	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 429 Positions Relative to RVRB

Symbol	Grade	Weight
MSFT	F	-6.29%
AAPL	C	-5.64%
AMZN	C	-4.4%
GOOGL	C	-4.05%
BRK.A	B	-1.65%
TSLA	B	-1.62%
AVGO	D	-1.32%
LLY	F	-1.31%
WMT	A	-1.23%
V	A	-1.19%
JPM	A	-1.18%
UNH	C	-0.95%
ORCL	B	-0.9%
XOM	B	-0.9%
MA	C	-0.87%
COST	B	-0.77%
HD	A	-0.75%
PG	A	-0.69%
NFLX	A	-0.64%
BAC	A	-0.6%
CRM	B	-0.55%
CVX	A	-0.52%
ABBV	D	-0.52%
KO	D	-0.5%
JNJ	D	-0.46%
WFC	A	-0.45%
ADBE	C	-0.41%
CSCO	B	-0.41%
NOW	A	-0.4%
AMD	F	-0.39%
ACN	C	-0.39%
LIN	D	-0.38%
MS	A	-0.38%
INTU	C	-0.36%
MCD	D	-0.36%
PM	B	-0.35%
ABT	B	-0.35%
CAT	B	-0.35%
GS	A	-0.34%
DIS	B	-0.34%
GE	D	-0.34%
TXN	C	-0.33%
IBM	C	-0.33%
QCOM	F	-0.32%
BKNG	A	-0.32%
DHR	F	-0.31%
CMCSA	B	-0.3%
VZ	C	-0.29%
SPGI	C	-0.29%
T	A	-0.28%
LOW	D	-0.28%
AMGN	D	-0.28%
NEE	D	-0.27%
BLK	C	-0.27%
AMAT	F	-0.27%
RTX	C	-0.27%
ETN	A	-0.26%
UNP	C	-0.26%
UBER	D	-0.26%
SYK	C	-0.25%
TJX	A	-0.25%
PFE	D	-0.25%
LMT	D	-0.24%
SHOP	B	-0.24%
C	A	-0.23%
PANW	C	-0.23%
COP	C	-0.23%
BX	A	-0.23%
VRTX	F	-0.22%
BMY	B	-0.21%
HON	B	-0.21%
ADP	B	-0.21%
MU	D	-0.2%
MDT	D	-0.2%
MMC	B	-0.2%
SCHW	B	-0.2%
GILD	C	-0.2%
CB	C	-0.2%
DE	A	-0.2%
ADI	D	-0.19%
SBUX	A	-0.19%
LRCX	F	-0.19%
PH	A	-0.18%
INTC	D	-0.18%
KLAC	D	-0.17%
CI	F	-0.17%
GEV	B	-0.17%
APO	B	-0.17%
MO	A	-0.17%
SO	D	-0.17%
EQIX	A	-0.17%
TD	F	-0.17%
SHW	A	-0.17%
CDNS	B	-0.16%
WM	A	-0.16%
MCK	B	-0.16%
ORLY	B	-0.16%
TT	A	-0.16%
APH	A	-0.16%
PYPL	B	-0.16%
MDLZ	F	-0.16%
ICE	C	-0.16%
CMG	B	-0.16%
AMT	D	-0.16%
TDG	D	-0.16%
DELL	C	-0.16%
APP	B	-0.16%
ZTS	D	-0.15%
PNC	B	-0.15%
ABNB	C	-0.15%
DUK	C	-0.15%
REGN	F	-0.15%
MCO	B	-0.15%
CRWD	B	-0.15%
HCA	F	-0.15%
USB	A	-0.14%
ITW	B	-0.14%
EOG	A	-0.14%
MRVL	B	-0.14%
SNPS	B	-0.14%
BA	F	-0.14%
SCCO	F	-0.14%
MAR	B	-0.14%
AON	A	-0.14%
COIN	C	-0.13%
CSX	B	-0.13%
ECL	D	-0.13%
MMM	D	-0.13%
TGT	F	-0.13%
NOC	D	-0.13%
CL	D	-0.13%
FDX	B	-0.13%
NU	C	-0.13%
EMR	A	-0.13%
FTNT	C	-0.13%
BDX	F	-0.12%
COF	B	-0.12%
ADSK	A	-0.12%
CVS	D	-0.12%
CARR	D	-0.12%
MELI	D	-0.12%
EPD	A	-0.12%
RSG	A	-0.12%
WMB	A	-0.12%
APD	A	-0.12%
WDAY	B	-0.12%
MET	A	-0.11%
PSA	D	-0.11%
TFC	A	-0.11%
AMP	A	-0.11%
KMI	A	-0.11%
ROP	B	-0.11%
URI	B	-0.11%
PCAR	B	-0.11%
TEAM	A	-0.11%
HLT	A	-0.11%
AFL	B	-0.11%
AJG	B	-0.11%
FCX	D	-0.11%
GM	B	-0.11%
TRV	B	-0.1%
CPRT	A	-0.1%
PCG	A	-0.1%
PSX	C	-0.1%
MNST	C	-0.1%
NXPI	D	-0.1%
CHTR	C	-0.1%
NSC	B	-0.1%
DLR	B	-0.1%
SPG	B	-0.1%
JCI	C	-0.1%
SRE	A	-0.1%
ET	A	-0.1%
RCL	A	-0.1%
TTD	B	-0.1%
FIS	C	-0.09%
FLUT	A	-0.09%
ODFL	B	-0.09%
MPLX	A	-0.09%
AME	A	-0.09%
AIG	B	-0.09%
ALL	A	-0.09%
O	D	-0.09%
AEP	D	-0.09%
SQ	B	-0.09%
MPC	D	-0.09%
CMI	A	-0.09%
PAYX	C	-0.09%
DHI	D	-0.09%
GWW	B	-0.08%
MLM	B	-0.08%
KR	B	-0.08%
BKR	B	-0.08%
VRT	B	-0.08%
MSCI	C	-0.08%
DFS	B	-0.08%
COR	B	-0.08%
PEG	A	-0.08%
KDP	D	-0.08%
CCI	D	-0.08%
MTD	D	-0.08%
LHX	C	-0.08%
CPNG	D	-0.08%
NDAQ	A	-0.08%
PRU	A	-0.08%
LNG	B	-0.08%
KVUE	A	-0.08%
ROST	C	-0.08%
LEN	D	-0.08%
WCN	A	-0.08%
D	C	-0.08%
PWR	A	-0.08%
NEM	D	-0.08%
DDOG	A	-0.08%
FAST	B	-0.08%
KMB	D	-0.08%
OXY	D	-0.08%
IQV	D	-0.07%
LVS	C	-0.07%
CCEP	C	-0.07%
ALNY	D	-0.07%
A	D	-0.07%
KHC	F	-0.07%
SYY	B	-0.07%
GRMN	B	-0.07%
MTB	A	-0.07%
IT	C	-0.07%
GEHC	F	-0.07%
CTVA	C	-0.07%
YUM	B	-0.07%
STLA	F	-0.07%
OTIS	C	-0.07%
XEL	A	-0.07%
EW	C	-0.07%
GLW	B	-0.07%
CTSH	B	-0.07%
VMC	B	-0.07%
IR	B	-0.07%
VRSK	A	-0.07%
EA	A	-0.07%
DAL	C	-0.07%
ROK	B	-0.06%
WEC	A	-0.06%
EBAY	D	-0.06%
CCL	B	-0.06%
CNC	D	-0.06%
ETR	B	-0.06%
DOW	F	-0.06%
TTWO	A	-0.06%
VICI	C	-0.06%
AVB	B	-0.06%
FANG	D	-0.06%
VEEV	C	-0.06%
NET	B	-0.06%
RMD	C	-0.06%
HIG	B	-0.06%
WTW	B	-0.06%
RBLX	C	-0.06%
ED	D	-0.06%
RJF	A	-0.06%
EXR	D	-0.06%
HPQ	B	-0.06%
LULU	C	-0.06%
DD	D	-0.06%
NTAP	C	-0.05%
DTE	C	-0.05%
AEE	A	-0.05%
TROW	B	-0.05%
VLTO	D	-0.05%
K	A	-0.05%
EXPE	B	-0.05%
EQR	B	-0.05%
CPAY	A	-0.05%
GDDY	A	-0.05%
LYB	F	-0.05%
ZM	B	-0.05%
HAL	C	-0.05%
STT	A	-0.05%
WAT	B	-0.05%
CHD	B	-0.05%
KEYS	A	-0.05%
TW	A	-0.05%
PHM	D	-0.05%
EFX	F	-0.05%
HPE	B	-0.05%
DOV	A	-0.05%
GPN	B	-0.05%
IOT	A	-0.05%
DXCM	D	-0.05%
GOLD	D	-0.05%
TSCO	D	-0.05%
ZS	C	-0.05%
CAH	B	-0.05%
HUM	C	-0.05%
XYL	D	-0.05%
HEI	B	-0.05%
BBY	D	-0.04%
LUV	C	-0.04%
STLD	B	-0.04%
JBHT	C	-0.04%
BALL	D	-0.04%
CFG	B	-0.04%
J	F	-0.04%
WDC	D	-0.04%
ILMN	D	-0.04%
INVH	D	-0.04%
AER	B	-0.04%
PTC	A	-0.04%
FOX	A	-0.04%
MPWR	F	-0.04%
ATO	A	-0.04%
MDB	C	-0.04%
STX	D	-0.04%
FSLR	F	-0.04%
CINF	A	-0.04%
MKC	D	-0.04%
PFG	D	-0.04%
AXON	A	-0.04%
MOH	F	-0.04%
WY	D	-0.04%
BAH	F	-0.04%
IFF	D	-0.04%
NTRS	A	-0.04%
TSN	B	-0.04%
GFS	C	-0.04%
EL	F	-0.04%
STM	F	-0.04%
ZBH	C	-0.04%
FE	C	-0.04%
SBAC	D	-0.04%
BIIB	F	-0.04%
STE	F	-0.04%
PHG	D	-0.04%
LDOS	C	-0.04%
WST	C	-0.04%
CQP	B	-0.04%
WBD	C	-0.04%
ANSS	B	-0.04%
BR	A	-0.04%
RF	A	-0.04%
HUBS	A	-0.04%
PPL	B	-0.04%
VTR	C	-0.04%
HBAN	A	-0.04%
ROL	B	-0.04%
DKS	C	-0.03%
MRNA	F	-0.03%
AVY	D	-0.03%
ICLR	D	-0.03%
ERIE	D	-0.03%
TXT	D	-0.03%
ALGN	D	-0.03%
BAX	D	-0.03%
CSL	C	-0.03%
UAL	A	-0.03%
HRL	D	-0.03%
DGX	A	-0.03%
MAA	B	-0.03%
MAS	D	-0.03%
TDY	B	-0.03%
CRBG	B	-0.03%
GPC	D	-0.03%
FDS	B	-0.03%
L	A	-0.03%
CLX	B	-0.03%
DRI	B	-0.03%
WLK	D	-0.03%
OMC	C	-0.03%
WSO	A	-0.03%
TER	D	-0.03%
CHKP	D	-0.03%
DKNG	B	-0.03%
MT	B	-0.03%
CMS	C	-0.03%
CNP	B	-0.03%
HOLX	D	-0.03%
BLDR	D	-0.03%
YUMC	C	-0.02%
LH	C	-0.02%
WRB	A	-0.02%
SNAP	C	-0.02%
KEY	B	-0.02%
EQT	B	-0.02%
CF	B	-0.02%
JBL	B	-0.02%
CHWY	B	-0.02%
PODD	C	-0.02%
WSM	B	-0.02%
BURL	A	-0.02%
IP	B	-0.02%
ESS	B	-0.02%
RS	B	-0.02%
LPLA	A	-0.02%
DLTR	F	-0.02%
SW	A	-0.02%
SMCI	F	-0.02%
EXPD	D	-0.02%
SUI	D	-0.02%
AMCR	D	-0.02%
ULTA	F	-0.02%
CELH	F	-0.01%
IEP	F	-0.01%
WBA	F	-0.01%
FMC	D	-0.01%
U	C	-0.01%
AAL	B	-0.01%
SIRI	C	-0.01%
RIVN	F	-0.01%
CE	F	-0.01%
EXAS	D	-0.01%
RPRX	D	-0.01%
LW	C	-0.01%
SWKS	F	-0.01%
CPB	D	-0.01%
AGR	B	-0.01%
CNH	C	-0.01%
CAG	D	-0.01%
BSY	D	-0.01%
BMRN	D	-0.01%
TRMB	B	-0.01%
DT	C	-0.01%
PAYC	B	-0.01%
IEX	B	-0.01%
MRO	B	-0.01%
RVTY	F	-0.01%
INCY	C	-0.01%
WMG	C	-0.01%
FTRE	D	-0.0%
LCID	F	-0.0%