EHLS vs. TSPA ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to T. Rowe Price U.S. Equity Research ETF (TSPA)

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

TSPA

T. Rowe Price U.S. Equity Research ETF

TSPA Description

Blue Safari Group Acquisition Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in fintech, infotech, insurtech, and business services. The company was incorporated in 2021 and is based in Central, Hong Kong.

Grade (RS Rating)

Last Trade

$37.37

Average Daily Volume

114,330

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	TSPA
30 Days	8.97%	1.66%
60 Days	10.38%	4.50%
90 Days	12.83%	5.68%
12 Months		33.21%

51 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in TSPA	Overlap
ANET	C	0.88%	0.14%	0.14%
APTV	F	-0.18%	0.02%	-0.18%
ARES	A	1.05%	0.12%	0.12%
AXP	A	1.0%	0.37%	0.37%
BK	A	1.24%	0.16%	0.16%
BSX	A	0.71%	0.23%	0.23%
CBRE	B	0.98%	0.07%	0.07%
CEG	C	1.21%	0.27%	0.27%
CNI	F	-0.27%	0.02%	-0.27%
CRL	D	-0.28%	0.0%	-0.28%
CSGP	D	-0.23%	0.04%	-0.23%
CTAS	B	1.48%	0.1%	0.1%
DG	F	-0.21%	0.09%	-0.21%
DVN	F	-0.27%	0.04%	-0.27%
ELV	F	-0.23%	0.37%	-0.23%
ENTG	D	-0.24%	0.12%	-0.24%
EXC	C	-0.3%	0.07%	-0.3%
F	C	-0.25%	0.01%	-0.25%
FI	A	0.48%	0.49%	0.48%
FICO	B	1.3%	0.11%	0.11%
FTV	C	-0.25%	0.08%	-0.25%
GIS	D	-0.25%	0.04%	-0.25%
HES	B	-0.3%	0.05%	-0.3%
HUBB	B	0.46%	0.16%	0.16%
HWM	A	1.8%	0.16%	0.16%
IDXX	F	-0.3%	0.06%	-0.3%
ISRG	A	0.76%	0.48%	0.48%
KKR	A	0.76%	0.19%	0.19%
MCHP	F	-0.23%	0.02%	-0.23%
META	D	1.64%	2.67%	1.64%
MOS	F	-0.29%	0.06%	-0.29%
MRK	D	-0.23%	0.55%	-0.23%
NKE	F	-0.23%	0.08%	-0.23%
NVDA	B	1.72%	6.08%	1.72%
ON	D	-0.27%	0.04%	-0.27%
PEP	F	-0.25%	0.51%	-0.25%
PGR	A	0.48%	0.06%	0.06%
PKG	A	0.49%	0.1%	0.1%
PLD	F	-0.24%	0.28%	-0.24%
REXR	F	-0.25%	0.14%	-0.25%
SITE	F	-0.24%	0.07%	-0.24%
SLB	C	-0.29%	0.19%	-0.29%
SPOT	B	2.25%	0.06%	0.06%
STZ	D	-0.26%	0.12%	-0.26%
THC	D	0.98%	0.15%	0.15%
TMO	F	-0.29%	0.66%	-0.29%
TMUS	B	0.96%	0.76%	0.76%
TRGP	A	1.03%	0.06%	0.06%
VLO	C	-0.32%	0.07%	-0.32%
VST	A	1.31%	0.08%	0.08%
WELL	A	1.25%	0.21%	0.21%

EHLS Overweight 220 Positions Relative to TSPA

Symbol	Grade	Weight
BMA	C	2.14%
CSWI	B	2.03%
QTWO	A	1.82%
GDS	C	1.71%
LMB	B	1.7%
IRM	C	1.68%
PIPR	A	1.67%
SLG	B	1.62%
MSI	B	1.57%
USLM	A	1.53%
HWKN	B	1.46%
GVA	A	1.41%
IGIC	B	1.33%
SE	A	1.3%
CVNA	B	1.29%
CRS	B	1.27%
CW	C	1.26%
ADMA	B	1.26%
PLTR	B	1.25%
TPB	B	1.24%
SFM	A	1.2%
CLBT	B	1.2%
NRG	B	1.2%
SKT	A	1.14%
REAX	D	1.1%
PAM	A	1.09%
RDNT	B	1.08%
SLVM	B	1.06%
DASH	B	1.05%
FTDR	B	1.04%
TPL	A	1.02%
HOOD	B	1.01%
BRO	B	1.0%
RSI	A	0.98%
NPAB	F	0.92%
EDN	B	0.92%
WAB	B	0.89%
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%
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%
TWLO	A	0.49%
VERX	A	0.49%
CLH	C	0.48%
TYL	B	0.48%
QFIN	A	0.47%
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%
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%
STNG	F	-0.17%
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%
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%
AVTR	F	-0.22%
DOOO	F	-0.22%
LEA	F	-0.22%
ROG	D	-0.23%
DLB	B	-0.23%
NTST	C	-0.23%
APA	D	-0.23%
IMCR	D	-0.23%
TEX	F	-0.23%
OLN	F	-0.23%
NUE	C	-0.23%
SCL	C	-0.24%
OMI	F	-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%
ETSY	D	-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%
PCH	F	-0.25%
IPG	D	-0.25%
MTN	C	-0.25%
FUL	F	-0.25%
ATKR	D	-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%
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%
COHU	C	-0.27%
HXL	F	-0.27%
MTDR	B	-0.27%
SLAB	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%
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%
URBN	C	-0.29%
CENT	C	-0.29%
SIGI	C	-0.29%
RPD	B	-0.29%
CIVI	D	-0.29%
PINS	F	-0.3%
ES	C	-0.3%
EG	C	-0.3%
SNOW	B	-0.3%
WFRD	D	-0.3%
RIO	D	-0.3%
AVA	A	-0.3%
AWK	C	-0.3%
PPG	F	-0.3%
EVTC	B	-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%
ALRM	C	-0.32%
TENB	C	-0.33%
OVV	B	-0.33%
NARI	C	-0.34%
AMR	C	-0.35%
UPS	C	-0.37%
PRGO	C	-0.44%

EHLS Underweight 291 Positions Relative to TSPA

Symbol	Grade	Weight
AAPL	C	-7.37%
MSFT	D	-6.73%
AMZN	C	-3.66%
GOOG	C	-2.14%
LLY	F	-1.9%
AVGO	D	-1.69%
TSLA	B	-1.59%
GOOGL	C	-1.48%
BRK.A	B	-1.23%
UNH	B	-1.2%
JPM	A	-1.16%
XOM	B	-1.12%
V	A	-1.1%
HD	B	-0.9%
MA	B	-0.89%
NFLX	A	-0.8%
COST	A	-0.8%
CRM	B	-0.79%
PG	C	-0.78%
WMT	A	-0.76%
LIN	C	-0.7%
JNJ	C	-0.68%
KO	D	-0.68%
ACN	B	-0.65%
ABBV	F	-0.62%
BAC	A	-0.61%
PM	B	-0.56%
GE	D	-0.56%
AMD	F	-0.55%
MCD	D	-0.55%
QCOM	F	-0.55%
ORCL	A	-0.53%
NEE	C	-0.51%
ADBE	C	-0.49%
CB	C	-0.48%
CVX	A	-0.47%
DHR	F	-0.46%
TXN	C	-0.46%
UBER	F	-0.44%
AMGN	F	-0.44%
KLAC	F	-0.43%
CMCSA	B	-0.42%
COP	C	-0.42%
C	A	-0.42%
SYK	B	-0.39%
WFC	A	-0.37%
FTNT	C	-0.36%
INTU	B	-0.36%
SCHW	B	-0.35%
CSX	C	-0.35%
PCG	A	-0.33%
AMT	C	-0.33%
SPGI	C	-0.33%
HON	C	-0.32%
CSCO	B	-0.32%
CI	D	-0.32%
SWK	D	-0.32%
REGN	F	-0.31%
BKNG	A	-0.31%
CMI	A	-0.31%
LOW	C	-0.3%
ALL	A	-0.3%
ADI	D	-0.3%
KDP	F	-0.3%
KVUE	A	-0.3%
GS	A	-0.29%
BDX	F	-0.29%
CPAY	A	-0.29%
ODFL	C	-0.28%
HIG	B	-0.28%
NOC	D	-0.27%
ROP	B	-0.27%
CMG	B	-0.27%
ICE	C	-0.26%
MET	A	-0.26%
MS	A	-0.26%
EQIX	A	-0.26%
AIG	B	-0.26%
MMC	B	-0.25%
GEV	B	-0.25%
BA	F	-0.24%
MPC	D	-0.24%
DE	B	-0.24%
XEL	A	-0.23%
NVR	D	-0.23%
IBM	C	-0.23%
PFE	F	-0.22%
CL	D	-0.22%
CARR	C	-0.21%
NSC	B	-0.21%
SHW	B	-0.21%
BLK	B	-0.21%
TJX	A	-0.2%
ZBH	C	-0.2%
CRBG	B	-0.2%
SNPS	B	-0.2%
SO	C	-0.2%
DIS	B	-0.2%
RTX	D	-0.2%
KEYS	A	-0.2%
EOG	A	-0.2%
LHX	C	-0.19%
CDNS	B	-0.19%
ADSK	A	-0.19%
ABT	B	-0.19%
FCX	F	-0.19%
AEE	A	-0.19%
GEN	B	-0.18%
PSA	C	-0.18%
HLT	A	-0.18%
MCK	A	-0.18%
GPN	B	-0.18%
RCL	A	-0.18%
VRTX	D	-0.18%
ROK	C	-0.18%
MTD	F	-0.17%
NVO	F	-0.17%
ORLY	B	-0.17%
TGT	F	-0.17%
ROST	D	-0.17%
TDY	B	-0.17%
VOYA	B	-0.17%
SAIA	B	-0.16%
MCO	B	-0.16%
TDG	D	-0.16%
MRVL	B	-0.16%
MDLZ	F	-0.16%
MAR	A	-0.16%
RNR	C	-0.16%
ZBRA	B	-0.15%
FDX	B	-0.15%
AZO	C	-0.15%
CAT	B	-0.15%
TT	A	-0.14%
FITB	B	-0.14%
VMC	B	-0.14%
ATO	A	-0.14%
LVS	B	-0.14%
CBOE	C	-0.14%
GILD	C	-0.14%
BMY	B	-0.13%
ESS	B	-0.13%
TW	A	-0.13%
CPRT	B	-0.13%
HBAN	A	-0.13%
STLD	B	-0.13%
WM	B	-0.13%
DFS	B	-0.13%
COR	B	-0.12%
HOLX	D	-0.12%
FANG	C	-0.12%
DXCM	C	-0.11%
WYNN	C	-0.11%
VRSK	A	-0.11%
BURL	B	-0.11%
LULU	C	-0.11%
CRWD	B	-0.11%
WCN	A	-0.11%
WFG	C	-0.11%
APH	A	-0.11%
TRV	B	-0.11%
ABNB	C	-0.11%
BALL	F	-0.11%
WDC	D	-0.11%
IR	B	-0.11%
MOH	F	-0.11%
CF	A	-0.1%
PANW	B	-0.1%
DOV	A	-0.1%
KMI	A	-0.1%
BIIB	F	-0.1%
SBUX	A	-0.1%
MDT	D	-0.1%
ETR	B	-0.1%
ZTS	D	-0.09%
KMB	C	-0.09%
JCI	B	-0.09%
EFX	F	-0.09%
HAL	C	-0.09%
DPZ	C	-0.09%
MPWR	F	-0.09%
WING	D	-0.08%
CMS	C	-0.08%
DGX	A	-0.08%
FE	C	-0.08%
BX	A	-0.08%
ICLR	D	-0.08%
PNC	B	-0.08%
USB	A	-0.08%
EQH	C	-0.08%
RGEN	D	-0.08%
AVB	B	-0.07%
PSX	C	-0.07%
MNST	C	-0.07%
EA	A	-0.07%
IEX	C	-0.07%
AZN	F	-0.07%
WMB	A	-0.07%
VZ	C	-0.07%
APO	B	-0.07%
HUM	C	-0.07%
EMR	B	-0.07%
SUI	C	-0.07%
NOW	A	-0.06%
MO	A	-0.06%
SPG	A	-0.06%
EVRG	A	-0.06%
EW	C	-0.06%
LPLA	A	-0.06%
PSTG	D	-0.06%
CNP	A	-0.06%
EQT	B	-0.06%
T	A	-0.06%
DT	D	-0.06%
LMT	D	-0.06%
NCLH	B	-0.05%
GM	C	-0.05%
IP	A	-0.05%
WAL	B	-0.05%
KEY	B	-0.05%
UAL	A	-0.05%
KIM	A	-0.05%
SHOP	B	-0.05%
DAL	B	-0.05%
AXS	A	-0.05%
ESAB	C	-0.05%
HCA	F	-0.05%
BGNE	D	-0.05%
D	C	-0.05%
VRT	B	-0.05%
CVS	D	-0.04%
CUBE	C	-0.04%
IT	C	-0.04%
FDS	B	-0.04%
CLX	A	-0.04%
ZS	B	-0.04%
SRE	A	-0.04%
DUK	C	-0.04%
TPG	A	-0.04%
REG	A	-0.04%
BPOP	C	-0.04%
AMH	C	-0.04%
EL	F	-0.04%
SYY	D	-0.04%
SNY	F	-0.04%
RSG	A	-0.03%
BR	A	-0.03%
IQV	F	-0.03%
CAH	B	-0.03%
BAH	F	-0.03%
MSCI	C	-0.03%
TSN	B	-0.03%
GD	D	-0.03%
LRCX	F	-0.03%
TFC	A	-0.03%
AMAT	F	-0.02%
ST	F	-0.02%
SBAC	D	-0.02%
CPB	D	-0.02%
YUM	D	-0.02%
K	A	-0.02%
BBWI	C	-0.02%
HII	F	-0.02%
WY	F	-0.02%
NI	A	-0.02%
ELAN	D	-0.02%
ULTA	F	-0.02%
NXPI	D	-0.02%
RPM	A	-0.02%
EWBC	A	-0.02%
AME	A	-0.02%
PPL	A	-0.02%
MU	D	-0.02%
ALLY	C	-0.02%
WDAY	B	-0.02%
KHC	F	-0.02%
EXR	C	-0.01%
EBAY	D	-0.01%
LUV	C	-0.01%
INTC	C	-0.01%
TER	F	-0.01%
XYL	D	-0.01%
LSCC	D	-0.01%
RIVN	F	-0.01%
CCI	C	-0.01%
JBHT	C	-0.01%
VTRS	A	-0.01%
MRNA	F	-0.0%
FSLR	F	-0.0%
CPT	B	-0.0%
VLTO	C	-0.0%