MFUT vs. EHLS ETF Comparison

Comparison of Cambria Chesapeake Pure Trend ETF (MFUT) to Even Herd Long Short ETF (EHLS)

MFUT

Cambria Chesapeake Pure Trend ETF

MFUT Description

The fund is an actively-managed ETF that seeks to achieve its investment objective by investing pursuant to a trend following program. Using the trend strategy, the fund will invest in futures contracts and futures-related instruments (such as forwards) and spot contracts in global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.76

Average Daily Volume

10,109

Number of Holdings ^*

* 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	MFUT	EHLS
30 Days	-1.10%	10.27%
60 Days	-6.93%	10.82%
90 Days	-5.86%	13.69%
12 Months

4 Overlapping Holdings

Symbol	Grade	Weight in MFUT	Weight in EHLS	Overlap
ELV	F	-0.86%	-0.23%	-0.86%
GIS	D	2.55%	-0.25%	-0.25%
MRK	F	-2.39%	-0.23%	-2.39%
STZ	D	-3.19%	-0.26%	-3.19%

MFUT Overweight 24 Positions Relative to EHLS

Symbol	Grade	Weight
LMT	D	4.51%
ADP	B	3.96%
PAYX	C	3.32%
XOM	B	3.22%
PSA	D	3.04%
SRE	A	2.85%
NOC	D	2.74%
AAPL	C	2.68%
LNG	B	2.68%
KDP	D	2.46%
APD	A	2.23%
EA	A	2.06%
UNH	C	2.02%
AMT	D	2.01%
HON	B	2.0%
EXR	D	1.97%
SNY	F	1.74%
FTNT	C	1.73%
CSCO	B	1.56%
NEM	D	1.36%
TSLA	B	0.64%
TEAM	A	0.49%
DOW	F	-2.23%
ZBH	C	-3.54%

MFUT Underweight 267 Positions Relative to EHLS

Symbol	Grade	Weight
SPOT	B	-2.25%
BMA	B	-2.14%
CSWI	A	-2.03%
QTWO	A	-1.82%
HWM	A	-1.8%
NVDA	C	-1.72%
GDS	C	-1.71%
LMB	A	-1.7%
IRM	D	-1.68%
PIPR	B	-1.67%
META	D	-1.64%
SLG	B	-1.62%
MSI	B	-1.57%
USLM	A	-1.53%
CTAS	B	-1.48%
HWKN	B	-1.46%
GVA	A	-1.41%
IGIC	B	-1.33%
VST	B	-1.31%
SE	B	-1.3%
FICO	B	-1.3%
CVNA	B	-1.29%
CRS	A	-1.27%
CW	B	-1.26%
ADMA	B	-1.26%
WELL	A	-1.25%
PLTR	B	-1.25%
BK	A	-1.24%
TPB	B	-1.24%
CEG	D	-1.21%
SFM	A	-1.2%
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%
FTDR	A	-1.04%
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%
TMUS	B	-0.96%
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%
SKYW	B	-0.76%
CNX	A	-0.76%
ISRG	A	-0.76%
KKR	A	-0.76%
EME	C	-0.75%
BSX	B	-0.71%
PSN	D	-0.7%
CDNA	D	-0.62%
HLNE	B	-0.62%
CCB	A	-0.56%
AMAL	B	-0.56%
AIT	A	-0.55%
ALSN	B	-0.55%
NBN	B	-0.54%
BBSI	B	-0.54%
FTI	A	-0.53%
CNK	B	-0.51%
PKG	A	-0.49%
TWLO	A	-0.49%
VERX	B	-0.49%
CLH	B	-0.48%
PGR	A	-0.48%
FI	A	-0.48%
TYL	B	-0.48%
QFIN	B	-0.47%
HUBB	B	-0.46%
MMYT	B	-0.46%
GRBK	D	-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%
SOFI	A	-0.25%
MLR	B	-0.25%
PEGA	A	-0.25%
SNEX	B	-0.25%
MATX	C	-0.24%
ONON	A	-0.24%
BBW	B	-0.24%
GATO	D	-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%
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%
VAL	D	--0.2%
AMRC	F	--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%
ASML	F	--0.22%
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%
ROG	D	--0.23%
DLB	B	--0.23%
NTST	D	--0.23%
APA	D	--0.23%
IMCR	D	--0.23%
NKE	D	--0.23%
TEX	D	--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%
OTEX	D	--0.25%
FTV	C	--0.25%
PCH	D	--0.25%
IPG	D	--0.25%
MTN	C	--0.25%
FUL	F	--0.25%
PEP	F	--0.25%
F	C	--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%
CTRA	B	--0.26%
HDB	C	--0.26%
FMX	F	--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%
CDW	F	--0.27%
YELP	C	--0.28%
ALB	C	--0.28%
OKTA	C	--0.28%
VTLE	C	--0.28%
MUR	D	--0.28%
VRSN	F	--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%
AMRK	F	--0.29%
AIN	C	--0.29%
MOS	F	--0.29%
URBN	C	--0.29%
CENT	C	--0.29%
SLB	C	--0.29%
TMO	F	--0.29%
SIGI	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%
DIOD	D	--0.3%
KMX	B	--0.31%
OXM	D	--0.31%
ZD	C	--0.31%
IRTC	D	--0.32%
CAR	C	--0.32%
VLO	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%