NRSH vs. EHLS ETF Comparison

Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to Even Herd Long Short ETF (EHLS)

NRSH

Aztlan North America Nearshoring Stock Selection ETF

NRSH Description

The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.50

Average Daily Volume

607

Number of Holdings ^*

9

* 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

$20.14

Average Daily Volume

2,646

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	NRSH	EHLS
30 Days	-1.34%	-3.71%
60 Days	0.12%	1.73%
90 Days	-3.82%	1.12%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in NRSH	Weight in EHLS	Overlap

NRSH Overweight 9 Positions Relative to EHLS

	Symbol	Grade	Weight
	CHRW	B	7.86%
	KEX	B	7.26%
	IIPR	B	5.72%
	LSTR	B	5.72%
	MATX	B	5.61%
	GXO	D	5.24%
	HUBG	B	5.22%
	UNP	D	5.21%
	SNDR	B	4.99%

NRSH Underweight 10 Positions Relative to EHLS

	Symbol	Grade	Weight
	VST	C	-2.42%
	ZIM	B	-2.2%
	NRG	C	-1.98%
	EME	C	-1.97%
	REVG	C	-1.94%
	SFM	A	-1.88%
	THC	B	-1.87%
	JXN	B	-1.82%
	VCTR	D	-1.82%
	VITL	B	-1.82%

NRSH: Top Represented Industries & Keywords

Industries: Integrated Shipping & Logistics Shipping & Ports REIT - Industrial Railroads Specialty Business Services Trucking

Keywords: Freight Transport Freight Transportation Transport Cargo Customs Brokerage Freight Transportation Services Intermodal Services Logistics Logistics Services Transportation Service Apl Logistics Automotive Products Barge Intermodal Container Less Than Truckload Transportation Rail Freight Transport Rail Intermodal Services S&P 500 Shipping Supply Chain Solutions

EHLS: Top Represented Industries & Keywords

Industries: Asset Management Utilities - Independent Power Producers Engineering & Construction Farm Products Grocery Stores Marine Shipping Medical Care Recreational Vehicles

Keywords: Electricity IBD 50 Retail Electricity S&P 500 Transport Acute Care Acute Care Hospitals Acute Care Services Alarms Ambulance Ambulatory Care Annuities Annuity Products Applied Sciences Bakery Bakery Products Beer Bone Bone Marrow Building Engineering