EHLS vs. XTN ETF Comparison
Comparison of Even Herd Long Short ETF (EHLS) to SPDR S&P Transportation ETF (XTN)
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
$19.59
Average Daily Volume
2,307
10
XTN
SPDR S&P Transportation ETF
XTN Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the transportation segment of a U.S. total market composite index. In seeking to track the performance of the S&P Transportation Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the transportation industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$81.17
Average Daily Volume
28,367
43
Performance
| Period | EHLS | XTN |
|---|---|---|
| 30 Days | -2.74% | 4.74% |
| 60 Days | -6.35% | 5.41% |
| 90 Days | -1.06% | 4.75% |
| 12 Months | -6.01% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EHLS | Weight in XTN | Overlap | |
|---|---|---|---|---|---|
| KEX | B | 1.95% | 2.63% | 1.95% |
EHLS Underweight 42 Positions Relative to XTN
| Symbol | Grade | Weight | |
|---|---|---|---|
| JOBY | C | -3.3% | |
| FDX | B | -3.11% | |
| ODFL | C | -3.0% | |
| GXO | C | -2.97% | |
| ARCB | C | -2.91% | |
| JBLU | C | -2.91% | |
| NSC | B | -2.87% | |
| R | B | -2.84% | |
| MATX | B | -2.8% | |
| KNX | C | -2.8% | |
| JBHT | D | -2.78% | |
| WERN | C | -2.77% | |
| UNP | B | -2.76% | |
| LSTR | B | -2.74% | |
| CHRW | C | -2.73% | |
| XPO | C | -2.72% | |
| CSX | C | -2.72% | |
| EXPD | B | -2.57% | |
| SKYW | C | -2.55% | |
| CAR | F | -2.54% | |
| ALK | F | -2.5% | |
| LUV | F | -2.45% | |
| UAL | D | -2.43% | |
| UPS | F | -2.42% | |
| AAL | F | -2.4% | |
| UBER | F | -2.35% | |
| DAL | D | -2.31% | |
| HUBG | B | -2.29% | |
| RXO | B | -2.25% | |
| SAIA | D | -2.23% | |
| LYFT | F | -2.2% | |
| SNDR | C | -2.14% | |
| GNK | D | -1.78% | |
| ALGT | D | -1.67% | |
| HTZ | F | -1.51% | |
| FWRD | D | -1.39% | |
| SNCY | D | -1.09% | |
| MRTN | C | -1.08% | |
| ATSG | C | -1.02% | |
| UHAL | B | -0.76% | |
| SAVE | F | -0.72% | |
| HTLD | C | -0.63% |
EHLS: Top Represented Industries & Keywords
XTN: Top Represented Industries & Keywords
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