EHLS vs. VFMF ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to Vanguard U.S. Multifactor ETF (VFMF)

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

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$137.90

Average Daily Volume

9,517

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	VFMF
30 Days	8.97%	4.74%
60 Days	10.38%	6.50%
90 Days	12.83%	6.64%
12 Months		32.18%

62 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in VFMF	Overlap
ADMA	B	1.26%	0.05%	0.05%
AIT	B	0.55%	0.17%	0.17%
ALSN	B	0.55%	0.3%	0.3%
AMAL	B	0.56%	0.39%	0.39%
AMR	C	-0.35%	0.11%	-0.35%
ANET	C	0.88%	0.5%	0.5%
ATKR	D	-0.25%	0.02%	-0.25%
AXP	A	1.0%	0.82%	0.82%
BBSI	B	0.54%	0.07%	0.07%
BBW	C	0.24%	0.14%	0.14%
BG	D	-0.26%	0.16%	-0.26%
BK	A	1.24%	0.98%	0.98%
CACI	D	0.42%	0.07%	0.07%
CASH	B	0.27%	0.3%	0.27%
CDNA	D	0.62%	0.1%	0.1%
CEIX	A	0.3%	0.11%	0.11%
CENTA	C	-0.28%	0.06%	-0.28%
CHRD	D	-0.29%	0.15%	-0.29%
CIVI	D	-0.29%	0.06%	-0.29%
CNX	A	0.76%	0.11%	0.11%
COOP	B	0.78%	0.17%	0.17%
CRS	B	1.27%	0.05%	0.05%
CTAS	B	1.48%	0.07%	0.07%
CTRA	B	-0.26%	0.17%	-0.26%
DASH	B	1.05%	0.05%	0.05%
EME	A	0.75%	0.22%	0.22%
FI	A	0.48%	0.51%	0.48%
FTI	A	0.53%	0.14%	0.14%
GRBK	D	0.46%	0.1%	0.1%
HP	C	-0.29%	0.18%	-0.29%
HWKN	B	1.46%	0.19%	0.19%
IESC	C	0.79%	0.18%	0.18%
JXN	C	0.87%	0.1%	0.1%
KTB	B	0.27%	0.15%	0.15%
MATX	C	0.24%	0.11%	0.11%
META	D	1.64%	0.82%	0.82%
MRK	D	-0.23%	0.46%	-0.23%
MTDR	B	-0.27%	0.08%	-0.27%
MUR	D	-0.28%	0.13%	-0.28%
MUSA	B	0.27%	0.14%	0.14%
NUE	C	-0.23%	0.13%	-0.23%
NVDA	B	1.72%	0.63%	0.63%
OMI	F	-0.24%	0.16%	-0.24%
OVV	B	-0.33%	0.07%	-0.33%
OXM	F	-0.31%	0.09%	-0.31%
PGR	A	0.48%	0.2%	0.2%
PKG	A	0.49%	0.19%	0.19%
SFM	A	1.2%	0.16%	0.16%
SKYW	C	0.76%	0.17%	0.17%
SLVM	B	1.06%	0.15%	0.15%
SPOT	B	2.25%	0.2%	0.2%
STNG	F	-0.17%	0.18%	-0.17%
TEX	F	-0.23%	0.18%	-0.23%
THC	D	0.98%	0.2%	0.2%
TMUS	B	0.96%	0.75%	0.75%
TPL	A	1.02%	0.03%	0.03%
UFPT	C	0.44%	0.05%	0.05%
URBN	C	-0.29%	0.12%	-0.29%
VERX	A	0.49%	0.1%	0.1%
VLO	C	-0.32%	0.85%	-0.32%
WFRD	D	-0.3%	0.22%	-0.3%
WU	F	-0.18%	0.06%	-0.18%

EHLS Overweight 209 Positions Relative to VFMF

Symbol	Grade	Weight
BMA	C	2.14%
CSWI	B	2.03%
QTWO	A	1.82%
HWM	A	1.8%
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%
GVA	A	1.41%
IGIC	B	1.33%
VST	A	1.31%
SE	A	1.3%
FICO	B	1.3%
CVNA	B	1.29%
CW	C	1.26%
WELL	A	1.25%
PLTR	B	1.25%
TPB	B	1.24%
CEG	C	1.21%
CLBT	B	1.2%
NRG	B	1.2%
SKT	A	1.14%
REAX	D	1.1%
PAM	A	1.09%
RDNT	B	1.08%
ARES	A	1.05%
FTDR	B	1.04%
TRGP	A	1.03%
HOOD	B	1.01%
BRO	B	1.0%
CBRE	B	0.98%
RSI	A	0.98%
NPAB	F	0.92%
EDN	B	0.92%
WAB	B	0.89%
GLNG	C	0.86%
PNTG	D	0.84%
MOD	A	0.82%
ISRG	A	0.76%
KKR	A	0.76%
BSX	A	0.71%
PSN	D	0.7%
HLNE	B	0.62%
CCB	A	0.56%
NBN	C	0.54%
CNK	C	0.51%
TWLO	A	0.49%
CLH	C	0.48%
TYL	B	0.48%
QFIN	A	0.47%
HUBB	B	0.46%
MMYT	B	0.46%
POWL	C	0.45%
RNA	C	0.44%
ALHC	C	0.42%
RKLB	A	0.39%
WULF	C	0.34%
YPF	B	0.32%
TCBX	B	0.3%
FRHC	B	0.28%
PPTA	C	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%
ONON	A	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%
APTV	F	-0.18%
ENPH	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%
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%
AVTR	F	-0.22%
DOOO	F	-0.22%
LEA	F	-0.22%
CSGP	D	-0.23%
ROG	D	-0.23%
DLB	B	-0.23%
NTST	C	-0.23%
APA	D	-0.23%
IMCR	D	-0.23%
NKE	F	-0.23%
ELV	F	-0.23%
MCHP	F	-0.23%
OLN	F	-0.23%
SCL	C	-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%
PLD	F	-0.24%
PD	C	-0.24%
ETSY	D	-0.24%
SITE	F	-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%
FTV	C	-0.25%
PCH	F	-0.25%
IPG	D	-0.25%
MTN	C	-0.25%
FUL	F	-0.25%
PEP	F	-0.25%
F	C	-0.25%
GIS	D	-0.25%
REXR	F	-0.25%
ALV	C	-0.25%
MGM	D	-0.26%
GO	C	-0.26%
THS	D	-0.26%
ARE	F	-0.26%
STZ	D	-0.26%
ALGM	D	-0.26%
IAC	F	-0.26%
HDB	C	-0.26%
FMX	F	-0.26%
SON	F	-0.26%
CALX	D	-0.27%
DVN	F	-0.27%
COHU	C	-0.27%
HXL	F	-0.27%
ON	D	-0.27%
SLAB	F	-0.27%
CNI	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%
VRSN	C	-0.28%
MRTN	D	-0.28%
CRL	D	-0.28%
USPH	B	-0.28%
SJW	F	-0.28%
PZZA	F	-0.28%
TDC	D	-0.29%
FIVN	C	-0.29%
UGI	C	-0.29%
SJM	D	-0.29%
LKQ	F	-0.29%
AMRK	F	-0.29%
AIN	C	-0.29%
MOS	F	-0.29%
CENT	C	-0.29%
SLB	C	-0.29%
TMO	F	-0.29%
SIGI	C	-0.29%
RPD	B	-0.29%
EXC	C	-0.3%
PINS	F	-0.3%
ES	C	-0.3%
EG	C	-0.3%
SNOW	B	-0.3%
RIO	D	-0.3%
HES	B	-0.3%
AVA	A	-0.3%
AWK	C	-0.3%
PPG	F	-0.3%
EVTC	B	-0.3%
IDXX	F	-0.3%
HELE	C	-0.3%
ACI	C	-0.3%
DIOD	D	-0.3%
KMX	B	-0.31%
ZD	B	-0.31%
IRTC	C	-0.32%
CAR	C	-0.32%
ALRM	C	-0.32%
TENB	C	-0.33%
NARI	C	-0.34%
UPS	C	-0.37%
PRGO	C	-0.44%

EHLS Underweight 408 Positions Relative to VFMF

Symbol	Grade	Weight
WFC	A	-1.25%
AFL	B	-1.08%
AIG	B	-1.02%
ABBV	F	-0.93%
GOOG	C	-0.9%
MMM	D	-0.9%
MPC	D	-0.83%
QCOM	F	-0.82%
HCA	F	-0.82%
PM	B	-0.81%
MO	A	-0.78%
AMAT	F	-0.78%
WMT	A	-0.78%
T	A	-0.77%
APO	B	-0.74%
KR	B	-0.73%
PHM	D	-0.72%
JPM	A	-0.72%
MLI	B	-0.71%
MCK	A	-0.71%
MTG	C	-0.71%
SYF	B	-0.71%
HIG	B	-0.7%
BPOP	C	-0.67%
TGT	F	-0.65%
OFG	B	-0.64%
LMT	D	-0.64%
IBM	C	-0.61%
FANG	C	-0.6%
EWBC	A	-0.59%
KMB	C	-0.59%
CFG	B	-0.57%
FDX	B	-0.54%
CAH	B	-0.53%
COST	A	-0.52%
BKNG	A	-0.52%
VZ	C	-0.52%
KLAC	F	-0.52%
BCC	B	-0.52%
EOG	A	-0.51%
CI	D	-0.5%
GOOGL	C	-0.5%
FBP	C	-0.5%
CAT	B	-0.48%
XOM	B	-0.47%
OMF	A	-0.46%
CL	D	-0.46%
COLL	F	-0.46%
ORI	A	-0.45%
HRB	D	-0.45%
GM	C	-0.44%
TT	A	-0.44%
OC	A	-0.44%
GILD	C	-0.43%
AZO	C	-0.43%
TJX	A	-0.42%
SLM	A	-0.41%
CNO	B	-0.4%
PVH	C	-0.39%
FITB	B	-0.39%
JNJ	C	-0.38%
UTHR	C	-0.37%
UFPI	C	-0.37%
RTX	D	-0.36%
NWS	A	-0.36%
KELYA	F	-0.36%
INGR	C	-0.35%
ANDE	D	-0.34%
CBSH	B	-0.34%
PRDO	B	-0.34%
EIG	B	-0.34%
CBOE	C	-0.34%
IBOC	B	-0.34%
WRB	A	-0.33%
CVX	A	-0.33%
SCS	C	-0.32%
AMG	B	-0.32%
CPF	B	-0.31%
NMIH	C	-0.31%
NTB	B	-0.3%
SIG	B	-0.3%
GIII	D	-0.3%
ACT	C	-0.29%
GFF	A	-0.29%
PRI	B	-0.28%
WSM	C	-0.28%
SRCE	B	-0.28%
CALM	A	-0.28%
UNM	A	-0.28%
TK	D	-0.27%
PSX	C	-0.27%
FCX	F	-0.26%
AYI	B	-0.26%
DHI	F	-0.26%
EAT	A	-0.26%
SKX	D	-0.26%
TPC	C	-0.26%
MHO	D	-0.25%
FCF	B	-0.25%
PFBC	B	-0.25%
TOL	B	-0.25%
WSFS	B	-0.24%
PHIN	A	-0.24%
JBL	C	-0.24%
ASO	F	-0.24%
NSIT	F	-0.24%
CPAY	A	-0.23%
STT	B	-0.23%
VIRT	A	-0.23%
MLKN	F	-0.23%
DELL	B	-0.23%
FNF	B	-0.23%
WTTR	A	-0.23%
M	F	-0.22%
MHK	D	-0.22%
MBIN	F	-0.22%
COP	C	-0.22%
RDN	D	-0.21%
GNW	A	-0.21%
SIGA	F	-0.21%
LPX	B	-0.21%
THO	B	-0.21%
EQH	C	-0.2%
CVCO	A	-0.2%
AMKR	D	-0.2%
AX	B	-0.2%
CAL	F	-0.2%
AMWD	C	-0.2%
ASC	F	-0.2%
PPC	C	-0.2%
GMS	B	-0.2%
CROX	D	-0.2%
JEF	A	-0.19%
AMRX	C	-0.19%
AHCO	F	-0.19%
RL	C	-0.19%
ATGE	B	-0.19%
HPQ	B	-0.19%
BLD	D	-0.19%
BOKF	B	-0.19%
CRM	B	-0.19%
LEN	D	-0.19%
VCTR	B	-0.18%
NVR	D	-0.18%
PLUS	F	-0.18%
TILE	B	-0.18%
STLD	B	-0.18%
IMKTA	C	-0.18%
BELFB	C	-0.18%
REVG	C	-0.18%
PATK	C	-0.18%
COKE	C	-0.18%
PINC	B	-0.18%
TMHC	C	-0.18%
CNOB	B	-0.18%
BLX	B	-0.18%
DLX	B	-0.17%
ALKS	C	-0.17%
AEO	F	-0.17%
PLAB	C	-0.17%
URI	C	-0.17%
MRC	B	-0.17%
AMP	A	-0.17%
NTAP	C	-0.17%
COR	B	-0.17%
AGO	B	-0.17%
WMK	C	-0.16%
BV	C	-0.16%
STBA	B	-0.16%
TBBK	B	-0.16%
R	B	-0.16%
DECK	A	-0.16%
CF	A	-0.16%
IDT	B	-0.16%
CR	A	-0.16%
FIX	A	-0.16%
KD	B	-0.16%
DVA	C	-0.16%
BAC	A	-0.16%
GNK	D	-0.16%
KBH	D	-0.16%
PR	B	-0.16%
SXC	A	-0.16%
ASB	B	-0.16%
KEX	B	-0.16%
ESAB	C	-0.15%
CRBG	B	-0.15%
PFGC	B	-0.15%
RMD	C	-0.15%
DHT	F	-0.15%
CRC	A	-0.15%
PYPL	B	-0.15%
SNA	A	-0.15%
MEDP	D	-0.15%
TNL	A	-0.15%
DKS	D	-0.15%
SCSC	C	-0.15%
LDOS	C	-0.15%
CHCO	B	-0.15%
WABC	B	-0.14%
DAKT	C	-0.14%
CVLT	B	-0.14%
ETD	C	-0.14%
NR	B	-0.14%
AN	C	-0.14%
CNXN	C	-0.14%
ABCB	B	-0.14%
TNK	F	-0.14%
TPR	B	-0.14%
MCY	A	-0.14%
PUMP	C	-0.14%
CMC	B	-0.14%
ENS	F	-0.14%
LNTH	D	-0.14%
HAFC	B	-0.13%
PCAR	B	-0.13%
SPOK	B	-0.13%
VNT	C	-0.13%
HBI	B	-0.13%
EXPE	B	-0.13%
HCC	B	-0.13%
SM	B	-0.13%
TPH	D	-0.13%
NMRK	C	-0.13%
INSW	F	-0.12%
DNOW	B	-0.12%
RCL	A	-0.12%
PTGX	D	-0.12%
KNTK	A	-0.12%
ROCK	C	-0.12%
BHLB	B	-0.12%
WCC	B	-0.12%
ZEUS	C	-0.12%
FIBK	B	-0.12%
PSTG	D	-0.12%
CBU	B	-0.12%
CPRX	C	-0.12%
SSD	F	-0.12%
HWC	B	-0.12%
CTSH	B	-0.12%
UA	C	-0.12%
CYH	F	-0.12%
OGN	F	-0.12%
IMMR	C	-0.12%
AGX	B	-0.12%
BLDR	D	-0.12%
SPTN	D	-0.11%
PH	A	-0.11%
SCHL	F	-0.11%
EXP	B	-0.11%
HALO	F	-0.11%
LPG	F	-0.11%
SBSI	C	-0.11%
REX	D	-0.11%
RS	B	-0.11%
ITRI	C	-0.1%
GPC	D	-0.1%
DOX	D	-0.1%
MPWR	F	-0.1%
QCRH	B	-0.1%
UHS	D	-0.1%
WHD	B	-0.1%
FLWS	D	-0.1%
LRN	A	-0.1%
LYB	F	-0.1%
SANM	B	-0.1%
AZZ	A	-0.1%
CRVL	B	-0.09%
GRND	A	-0.09%
ARW	D	-0.09%
APOG	C	-0.09%
SWKS	F	-0.09%
NAVI	F	-0.09%
GPOR	B	-0.09%
WLY	B	-0.09%
MOG.A	B	-0.09%
DXPE	C	-0.09%
JELD	F	-0.09%
INDB	B	-0.09%
FDP	B	-0.08%
PSMT	D	-0.08%
SFNC	C	-0.08%
GAP	C	-0.08%
ARCB	C	-0.08%
SD	D	-0.08%
HSTM	B	-0.08%
ACCO	C	-0.08%
UPBD	B	-0.08%
WMS	F	-0.07%
DOLE	D	-0.07%
USAP	B	-0.07%
CNA	C	-0.07%
DESP	B	-0.07%
EBAY	D	-0.07%
MTUS	C	-0.07%
ZIMV	D	-0.07%
PLPC	B	-0.07%
EPC	F	-0.07%
HIMS	B	-0.07%
HVT	D	-0.07%
CG	B	-0.07%
LEN	D	-0.07%
JWN	D	-0.07%
STRL	A	-0.07%
NTGR	B	-0.07%
IDCC	B	-0.07%
VFC	C	-0.07%
CNM	D	-0.07%
RES	D	-0.07%
LZB	B	-0.07%
MTH	D	-0.07%
CSL	C	-0.07%
FN	C	-0.06%
NHC	C	-0.06%
UTI	B	-0.06%
LOPE	C	-0.06%
GOGL	F	-0.06%
C	A	-0.06%
FLO	D	-0.06%
JILL	C	-0.06%
FRME	B	-0.06%
CATY	B	-0.06%
CRUS	D	-0.06%
BWA	D	-0.06%
HNI	B	-0.06%
AMZN	C	-0.06%
PFG	D	-0.06%
NAT	F	-0.06%
AGM	B	-0.06%
RNR	C	-0.06%
OSUR	F	-0.05%
TCBI	C	-0.05%
GRNT	B	-0.05%
CLW	F	-0.05%
NOG	B	-0.05%
BKE	B	-0.05%
LBRT	D	-0.05%
SCVL	F	-0.05%
NX	C	-0.05%
BBY	D	-0.05%
SN	D	-0.05%
BJ	A	-0.05%
MET	A	-0.05%
BTU	B	-0.05%
CASY	A	-0.05%
ZUMZ	B	-0.05%
SUPN	C	-0.05%
CBT	D	-0.05%
YOU	D	-0.05%
PRK	B	-0.05%
MD	C	-0.05%
LQDT	B	-0.05%
OSBC	A	-0.05%
LYTS	B	-0.05%
SMLR	B	-0.04%
CTS	C	-0.04%
HOV	D	-0.04%
HEES	C	-0.04%
WGO	C	-0.04%
GOLF	B	-0.04%
HSII	B	-0.04%
STGW	A	-0.04%
SXI	B	-0.04%
BKU	A	-0.04%
KFRC	D	-0.04%
MCRI	A	-0.04%
MBUU	B	-0.04%
MGY	A	-0.04%
NSSC	D	-0.04%
NXST	C	-0.04%
TNC	D	-0.04%
SHOO	F	-0.04%
VTRS	A	-0.04%
WEX	D	-0.04%
GEO	B	-0.04%
PRMW	C	-0.04%
EFSC	B	-0.04%
CRAI	C	-0.04%
HPE	B	-0.04%
ATEN	A	-0.03%
GPI	B	-0.03%
GPK	C	-0.03%
UVSP	B	-0.03%
BSIG	A	-0.03%
BYD	B	-0.03%
STRA	C	-0.03%
PRLB	B	-0.03%
KMT	B	-0.03%
BERY	C	-0.03%
MOV	D	-0.03%
CCRN	F	-0.03%
RRC	B	-0.03%
HFWA	C	-0.03%
BRY	F	-0.03%
EPAC	C	-0.03%
TCBK	C	-0.03%
WNC	C	-0.03%
DDS	B	-0.03%
INGN	C	-0.02%
VRA	C	-0.02%
RGP	F	-0.02%
BUSE	B	-0.02%
MAN	F	-0.02%
PEBO	B	-0.02%
FFIV	B	-0.02%
SB	F	-0.02%
ADTN	A	-0.02%
MBWM	B	-0.02%