EHLS vs. XMMO ETF Comparison
Comparison of Even Herd Long Short ETF (EHLS) to Invesco S&P MidCap Momentum ETF (XMMO)
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
XMMO
Invesco S&P MidCap Momentum ETF
XMMO Description
The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400 Momentum Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is composed of constituents of the S&P MidCap 400 that have the highest momentum score.Grade (RS Rating)
Last Trade
$120.73
Average Daily Volume
374,000
74
Performance
| Period | EHLS | XMMO |
|---|---|---|
| 30 Days | 4.19% | 4.18% |
| 60 Days | 6.61% | 4.50% |
| 90 Days | 3.88% | 5.80% |
| 12 Months | 50.48% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EHLS | Weight in XMMO | Overlap | |
|---|---|---|---|---|---|
| THC | A | 1.66% | 2.11% | 1.66% |
EHLS Underweight 73 Positions Relative to XMMO
| Symbol | Grade | Weight | |
|---|---|---|---|
| MANH | B | -3.63% | |
| LII | B | -3.52% | |
| EME | B | -3.1% | |
| TOL | B | -2.78% | |
| OC | D | -2.51% | |
| XPO | D | -2.45% | |
| BLD | D | -2.23% | |
| FIX | B | -2.23% | |
| WING | B | -2.2% | |
| WSM | D | -2.16% | |
| CSL | B | -2.0% | |
| WSO | C | -1.93% | |
| ONTO | D | -1.89% | |
| RS | D | -1.8% | |
| ERIE | B | -1.79% | |
| CW | B | -1.76% | |
| BRBR | C | -1.72% | |
| SFM | B | -1.69% | |
| NVT | D | -1.63% | |
| EXP | B | -1.62% | |
| SAIA | D | -1.6% | |
| DT | C | -1.57% | |
| GGG | C | -1.5% | |
| CNM | F | -1.49% | |
| PRI | B | -1.46% | |
| ELF | F | -1.42% | |
| PSTG | F | -1.41% | |
| ITT | B | -1.4% | |
| TXRH | C | -1.38% | |
| CLH | A | -1.37% | |
| SSD | D | -1.36% | |
| BWXT | D | -1.35% | |
| NBIX | F | -1.34% | |
| LECO | F | -1.34% | |
| USFD | B | -1.33% | |
| MUSA | D | -1.29% | |
| CR | C | -1.27% | |
| CASY | D | -1.24% | |
| WWD | D | -1.22% | |
| NYT | C | -1.19% | |
| MTG | B | -1.17% | |
| KNSL | C | -1.15% | |
| COKE | C | -1.12% | |
| CVLT | B | -1.11% | |
| EVR | A | -0.98% | |
| SKX | D | -0.94% | |
| TREX | D | -0.93% | |
| TMHC | A | -0.93% | |
| KBH | A | -0.91% | |
| HRB | C | -0.89% | |
| VNT | F | -0.86% | |
| NEU | D | -0.85% | |
| WFRD | F | -0.84% | |
| CHE | C | -0.84% | |
| QLYS | F | -0.83% | |
| HLI | B | -0.83% | |
| ESAB | C | -0.82% | |
| ESNT | B | -0.81% | |
| DBX | D | -0.81% | |
| SAIC | C | -0.78% | |
| AYI | B | -0.76% | |
| MSA | D | -0.63% | |
| OLLI | C | -0.61% | |
| R | A | -0.61% | |
| KD | D | -0.58% | |
| RMBS | F | -0.56% | |
| AM | C | -0.52% | |
| WTS | C | -0.52% | |
| CELH | F | -0.48% | |
| MSM | D | -0.42% | |
| BLKB | C | -0.4% | |
| CACC | F | -0.39% | |
| TDC | F | -0.27% |
EHLS: Top Represented Industries & Keywords
XMMO: Top Represented Industries & Keywords
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