FTLS vs. EHLS ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to Even Herd Long Short ETF (EHLS)
FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.63

Average Daily Volume

127,223

Number of Holdings *

384

* may have additional holdings in another (foreign) market
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
Performance
Period FTLS EHLS
30 Days 2.15% 10.27%
60 Days 3.89% 10.82%
90 Days 3.71% 13.69%
12 Months 20.58%
52 Overlapping Holdings
Symbol Grade Weight in FTLS Weight in EHLS Overlap
ADMA B 0.17% 1.26% 0.17%
ALB C -0.04% -0.28% -0.28%
ALSN B 0.2% 0.55% 0.2%
AMRC F -0.03% -0.2% -0.2%
AMRK F -0.02% -0.29% -0.29%
ASML F -0.41% -0.22% -0.41%
BK A -0.37% 1.24% -0.37%
CDNA D 0.04% 0.62% 0.04%
CDW F -0.06% -0.27% -0.27%
CLH B -0.03% 0.48% -0.03%
CNK B 0.24% 0.51% 0.24%
CRS A 0.34% 1.27% 0.34%
CSWI A 0.13% 2.03% 0.13%
CTAS B 1.09% 1.48% 1.09%
CTRA B -0.04% -0.26% -0.26%
DIOD D -0.03% -0.3% -0.3%
DLB B -0.06% -0.23% -0.23%
EXEL B 0.19% 0.23% 0.19%
FMX F -0.2% -0.26% -0.26%
FTDR A 0.12% 1.04% 0.12%
GRBK D 0.09% 0.46% 0.09%
HDB C -0.38% -0.26% -0.38%
HWM A 0.97% 1.8% 0.97%
IPG D -0.16% -0.25% -0.25%
IRTC D -0.04% -0.32% -0.32%
ISRG A -0.32% 0.76% -0.32%
MATX C 0.15% 0.24% 0.15%
META D 1.77% 1.64% 1.64%
MMYT B -0.07% 0.46% -0.07%
MSI B -0.43% 1.57% -0.43%
NVDA C 4.84% 1.72% 1.72%
OKTA C 0.45% -0.28% -0.28%
OTEX D 0.06% -0.25% -0.25%
PEP F -0.57% -0.25% -0.57%
PKG A -0.15% 0.49% -0.15%
SE B -0.07% 1.3% -0.07%
SFM A 0.16% 1.2% 0.16%
SIGI C 0.13% -0.29% -0.29%
SKYW B 0.15% 0.76% 0.15%
SLB C -0.12% -0.29% -0.29%
SOFI A -0.05% 0.25% -0.05%
STNG F 0.16% -0.17% -0.17%
STZ D -0.04% -0.26% -0.26%
TMO F -0.03% -0.29% -0.29%
TMUS B 2.32% 0.96% 0.96%
TWLO A 0.72% 0.49% 0.49%
TYL B -0.25% 0.48% -0.25%
VAL D -0.06% -0.2% -0.2%
VLO C 1.43% -0.32% -0.32%
VRSN F 0.45% -0.28% -0.28%
VSAT F -0.01% -0.16% -0.16%
ZD C -0.06% -0.31% -0.31%
FTLS Overweight 332 Positions Relative to EHLS
Symbol Grade Weight
AAPL C 7.44%
MSFT F 4.45%
AMZN C 2.74%
SCHW B 2.26%
C A 2.18%
LOW D 2.16%
ACN C 2.11%
PM B 1.92%
QCOM F 1.88%
JNJ D 1.85%
FDX B 1.69%
PH A 1.64%
CME A 1.57%
MO A 1.51%
GOOGL C 1.4%
MPC D 1.37%
USB A 1.35%
KMI A 1.23%
LNG B 1.19%
CL D 1.17%
GOOG C 1.17%
BRK.A B 1.13%
ILMN D 1.13%
AVGO D 1.06%
TRV B 1.05%
TFC A 1.02%
FIS C 1.0%
HPQ B 1.0%
JPM A 0.93%
ALL A 0.88%
LLY F 0.84%
SYY B 0.83%
FANG D 0.83%
SYF B 0.79%
NTAP C 0.75%
PBR C 0.73%
JBL B 0.73%
AFL B 0.7%
RL B 0.67%
EAT A 0.65%
TOL B 0.65%
CSL C 0.6%
PNR A 0.56%
CF B 0.55%
NVR D 0.55%
INSM C 0.54%
VLTO D 0.49%
BJ A 0.47%
MAS D 0.46%
GEN B 0.45%
CROX D 0.44%
ZIM C 0.44%
FLEX A 0.44%
NTRS A 0.42%
GL B 0.41%
NVS D 0.41%
FFIV B 0.4%
VICI C 0.4%
PENN C 0.4%
SWK D 0.4%
CAG D 0.38%
DBX B 0.36%
EXP A 0.35%
SNA A 0.33%
TKO B 0.32%
WRB A 0.32%
JAZZ B 0.31%
LPX B 0.31%
TTC D 0.31%
AYI B 0.29%
CCK C 0.29%
ALLY C 0.29%
PI D 0.27%
ASO F 0.27%
SPYV A 0.26%
SCHV A 0.26%
IWD A 0.26%
EWBC A 0.25%
RPRX D 0.23%
KNSL B 0.22%
AIZ A 0.22%
SAM C 0.21%
WHD B 0.21%
MGY A 0.2%
MSM C 0.2%
COLB A 0.19%
UHS D 0.19%
HRB D 0.19%
THO B 0.18%
PNFP B 0.17%
ALKS B 0.17%
GLBE B 0.17%
CALM A 0.16%
UMBF B 0.16%
TWST D 0.16%
ORI A 0.15%
PRI A 0.15%
CRC B 0.15%
GM B 0.14%
AXS A 0.14%
PAA B 0.13%
GMS B 0.13%
CBSH A 0.13%
CBT C 0.13%
LEG F 0.13%
LOGI D 0.13%
GFF A 0.13%
BFH B 0.13%
SMPL B 0.12%
ZWS B 0.12%
VRNA B 0.12%
MTG C 0.12%
TCBI B 0.11%
AM A 0.11%
ENLC A 0.11%
HESM B 0.11%
OPCH D 0.11%
PPC C 0.11%
BFAM D 0.11%
WGO C 0.11%
KRG B 0.11%
TBBK B 0.1%
LOPE B 0.1%
THG A 0.1%
MMS F 0.1%
ABM B 0.1%
NSA D 0.1%
ESNT D 0.09%
KFY B 0.09%
PRGS A 0.09%
DBRG F 0.09%
CARG C 0.09%
VCYT B 0.09%
CUBI C 0.09%
LCII C 0.09%
YOU D 0.09%
EXTR B 0.09%
GBCI B 0.09%
LANC C 0.08%
UBSI B 0.08%
RDFN D 0.08%
TXG F 0.08%
EPR D 0.08%
KMPR B 0.08%
BOH B 0.08%
FOLD F 0.08%
RLI B 0.08%
PAYO A 0.08%
NMIH D 0.07%
EBC B 0.07%
BCRX D 0.07%
FHB A 0.07%
PBH A 0.07%
PLXS B 0.07%
WMB A 0.07%
REVG B 0.07%
AVNT B 0.07%
HAYW B 0.07%
AZZ B 0.07%
ICFI F 0.06%
ADUS D 0.06%
WFG D 0.06%
BRC D 0.06%
PLMR B 0.06%
AUB B 0.06%
ROIC A 0.06%
SUPN C 0.06%
MQ F 0.06%
COLL F 0.05%
TRMD F 0.05%
GSL F 0.05%
AMPH D 0.05%
MYGN F 0.04%
VIST A -0.02%
CBU B -0.02%
GPRE F -0.02%
RXST F -0.02%
DNB B -0.02%
COTY F -0.02%
HLN D -0.02%
KD B -0.02%
RIVN F -0.02%
SAIA B -0.02%
FRO F -0.02%
HON B -0.02%
LKFN B -0.02%
COHR B -0.02%
UWMC D -0.02%
WOLF F -0.02%
AER B -0.02%
IBOC A -0.02%
NVEE F -0.02%
EA A -0.02%
CVX A -0.02%
RUN F -0.02%
ENS D -0.02%
ARM D -0.02%
FSLR F -0.02%
ASPN F -0.02%
OSK B -0.03%
BE B -0.03%
UTZ D -0.03%
HHH B -0.03%
PRCT B -0.03%
WMT A -0.03%
PAR B -0.03%
ICHR C -0.03%
CNNE B -0.03%
GE D -0.03%
GKOS B -0.03%
BVN F -0.03%
BURL A -0.03%
SDGR C -0.03%
NEOG F -0.03%
OSIS B -0.03%
NWSA B -0.03%
RDY F -0.03%
PSMT C -0.03%
ARLO C -0.03%
AZTA D -0.03%
SLGN A -0.03%
FAST B -0.03%
BIRK D -0.03%
AMD F -0.03%
GATX A -0.04%
ATEC C -0.04%
CFLT B -0.04%
EQT B -0.04%
ERJ B -0.04%
AMAT F -0.04%
APO B -0.04%
FFIN B -0.04%
TFIN A -0.04%
MARA C -0.04%
CRDO B -0.04%
APPN B -0.04%
ENR B -0.04%
RCL A -0.04%
RH B -0.04%
LMND B -0.05%
AEO F -0.05%
ACVA B -0.05%
ACIW B -0.05%
VRRM D -0.05%
UPST B -0.05%
LYFT C -0.05%
COP C -0.06%
TTD B -0.06%
WST C -0.06%
MSA D -0.06%
VNT B -0.07%
KTOS B -0.07%
BA F -0.07%
MUFG B -0.07%
SSB B -0.07%
AVY D -0.07%
IDCC A -0.07%
AVAV D -0.07%
HCA F -0.07%
MAT D -0.08%
CCOI B -0.08%
NSIT F -0.08%
NXPI D -0.08%
R B -0.09%
TRMB B -0.09%
DY D -0.09%
STM F -0.1%
GPC D -0.1%
VVV F -0.1%
ING F -0.1%
HII D -0.11%
ARGX A -0.11%
HAE C -0.11%
KEYS A -0.12%
HQY B -0.13%
BKR B -0.13%
STE F -0.13%
ABT B -0.14%
NFLX A -0.15%
TM D -0.15%
ASX D -0.15%
INTC D -0.15%
MU D -0.16%
INFY B -0.16%
GSK F -0.16%
VMC B -0.16%
SYK C -0.17%
EFX F -0.19%
URI B -0.2%
GWRE A -0.2%
BWXT B -0.2%
HSBC B -0.21%
PCAR B -0.22%
DEO F -0.22%
CCEP C -0.23%
PANW C -0.25%
KR B -0.25%
GEHC F -0.26%
PG A -0.26%
SAP B -0.27%
OMC C -0.27%
NSC B -0.27%
BABA D -0.28%
SNPS B -0.29%
MMM D -0.3%
WAT B -0.3%
UL D -0.3%
LMT D -0.32%
TSLA B -0.32%
MDLZ F -0.33%
TTWO A -0.33%
NOW A -0.35%
CMI A -0.36%
ZBH C -0.36%
TXN C -0.36%
UNH C -0.4%
MCD D -0.41%
ORCL B -0.41%
XOM B -0.45%
MLM B -0.46%
WM A -0.47%
DE A -0.48%
PNC B -0.51%
GD F -0.52%
VRSK A -0.55%
PAYX C -0.57%
ETN A -0.58%
LIN D -0.59%
CMCSA B -0.65%
CDNS B -0.69%
APD A -0.7%
DIS B -0.73%
FTLS Underweight 219 Positions Relative to EHLS
Symbol Grade Weight
SPOT B -2.25%
BMA B -2.14%
QTWO A -1.82%
GDS C -1.71%
LMB A -1.7%
IRM D -1.68%
PIPR B -1.67%
SLG B -1.62%
USLM A -1.53%
HWKN B -1.46%
GVA A -1.41%
IGIC B -1.33%
VST B -1.31%
FICO B -1.3%
CVNA B -1.29%
CW B -1.26%
WELL A -1.25%
PLTR B -1.25%
TPB B -1.24%
CEG D -1.21%
CLBT B -1.2%
NRG B -1.2%
SKT B -1.14%
REAX D -1.1%
PAM A -1.09%
RDNT B -1.08%
SLVM B -1.06%
ARES A -1.05%
DASH A -1.05%
TRGP B -1.03%
TPL A -1.02%
HOOD B -1.01%
BRO B -1.0%
AXP A -1.0%
THC D -0.98%
CBRE B -0.98%
RSI B -0.98%
NPAB B -0.92%
EDN B -0.92%
WAB B -0.89%
ANET C -0.88%
JXN C -0.87%
GLNG C -0.86%
PNTG D -0.84%
MOD A -0.82%
IESC B -0.79%
COOP B -0.78%
CNX A -0.76%
KKR A -0.76%
EME C -0.75%
BSX B -0.71%
PSN D -0.7%
HLNE B -0.62%
CCB A -0.56%
AMAL B -0.56%
AIT A -0.55%
NBN B -0.54%
BBSI B -0.54%
FTI A -0.53%
VERX B -0.49%
PGR A -0.48%
FI A -0.48%
QFIN B -0.47%
HUBB B -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%
LYV A -0.26%
MLR B -0.25%
PEGA A -0.25%
SNEX B -0.25%
ONON A -0.24%
BBW B -0.24%
GATO D -0.23%
TRUP 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%
AES F --0.17%
PGNY F --0.17%
APTV D --0.18%
ENPH F --0.18%
WU D --0.18%
FLNG B --0.19%
W F --0.2%
BEN C --0.2%
COLD D --0.2%
WRLD C --0.2%
ASH D --0.21%
ELF C --0.21%
DG F --0.21%
ADNT F --0.21%
WSC D --0.21%
IGT F --0.22%
ENOV C --0.22%
PARR D --0.22%
FIVE F --0.22%
AVTR F --0.22%
DOOO F --0.22%
LEA D --0.22%
CSGP D --0.23%
MRK F --0.23%
ROG D --0.23%
NTST D --0.23%
APA D --0.23%
IMCR D --0.23%
NKE D --0.23%
TEX D --0.23%
ELV F --0.23%
MCHP D --0.23%
OLN D --0.23%
NUE C --0.23%
SCL C --0.24%
OMI F --0.24%
ENTG D --0.24%
CWT D --0.24%
WPC D --0.24%
ODP F --0.24%
NSP D --0.24%
WOR F --0.24%
APLS D --0.24%
PLD D --0.24%
PD C --0.24%
ETSY D --0.24%
SITE D --0.24%
CC C --0.24%
ADM D --0.25%
HSY F --0.25%
JBSS D --0.25%
AKAM D --0.25%
FTV C --0.25%
PCH D --0.25%
MTN C --0.25%
FUL F --0.25%
F C --0.25%
GIS D --0.25%
ATKR C --0.25%
REXR F --0.25%
ALV C --0.25%
MGM D --0.26%
GO C --0.26%
BG F --0.26%
THS D --0.26%
ARE D --0.26%
ALGM D --0.26%
IAC D --0.26%
SON D --0.26%
CALX D --0.27%
DVN F --0.27%
COHU C --0.27%
HXL D --0.27%
ON 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%
SJM D --0.29%
CHRD D --0.29%
LKQ D --0.29%
AIN C --0.29%
MOS F --0.29%
URBN C --0.29%
CENT C --0.29%
RPD C --0.29%
CIVI D --0.29%
EXC C --0.3%
PINS D --0.3%
ES D --0.3%
EG C --0.3%
SNOW C --0.3%
WFRD D --0.3%
RIO D --0.3%
HES B --0.3%
AVA A --0.3%
AWK D --0.3%
PPG F --0.3%
EVTC B --0.3%
IDXX F --0.3%
HELE C --0.3%
ACI C --0.3%
KMX B --0.31%
OXM D --0.31%
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 B --0.44%
Compare ETFs