QMOM vs. EHLS ETF Comparison
Comparison of MomentumShares U.S. Quantitative Momentum ETF (QMOM) to Even Herd Long Short ETF (EHLS)
QMOM
MomentumShares U.S. Quantitative Momentum ETF
QMOM Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. The fund will invest primarily in the exchange-listed common stock of U.S. companies. The fund may invest in securities of companies in any industry and of any market capitalization. Although the fund generally expects to invest in companies with larger market capitalizations, the fund may invest in small- and mid-capitalization companies. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$59.49
Average Daily Volume
14,683
49
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
$20.15
Average Daily Volume
2,913
10
Performance
| Period | QMOM | EHLS |
|---|---|---|
| 30 Days | 2.15% | -0.51% |
| 60 Days | 0.63% | -2.74% |
| 90 Days | 4.94% | -0.23% |
| 12 Months | 27.55% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QMOM | Weight in EHLS | Overlap | |
|---|---|---|---|---|---|
| SFM | B | 1.97% | 2.07% | 1.97% |
QMOM Overweight 48 Positions Relative to EHLS
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMR | D | 2.25% | |
| ANET | C | 2.15% | |
| EVR | A | 2.14% | |
| NTNX | D | 2.11% | |
| VST | C | 2.08% | |
| FICO | A | 2.05% | |
| WFRD | B | 2.05% | |
| TRGP | A | 2.05% | |
| QCOM | C | 2.04% | |
| ANF | C | 2.04% | |
| TDW | D | 2.03% | |
| GDDY | C | 2.03% | |
| FRPT | C | 2.03% | |
| IBKR | D | 2.02% | |
| LII | B | 2.02% | |
| NVT | D | 2.02% | |
| WDC | B | 2.02% | |
| GE | D | 2.01% | |
| FTI | B | 2.01% | |
| ARES | C | 2.01% | |
| EQH | A | 2.0% | |
| STEP | B | 2.0% | |
| EME | D | 1.99% | |
| CRS | B | 1.99% | |
| TT | A | 1.98% | |
| HWM | D | 1.98% | |
| ETN | C | 1.98% | |
| GRMN | C | 1.97% | |
| KKR | B | 1.97% | |
| LDOS | B | 1.97% | |
| CNM | D | 1.97% | |
| TDG | D | 1.96% | |
| OWL | D | 1.96% | |
| WING | D | 1.96% | |
| LLY | B | 1.96% | |
| WAB | D | 1.95% | |
| FIX | D | 1.94% | |
| SPOT | D | 1.94% | |
| NRG | D | 1.94% | |
| MEDP | B | 1.94% | |
| CSL | B | 1.94% | |
| CEG | C | 1.93% | |
| AZEK | D | 1.91% | |
| MU | C | 1.9% | |
| DECK | D | 1.88% | |
| WSM | C | 1.86% | |
| AEO | D | 1.85% | |
| SM | D | 1.84% |
QMOM: Top Represented Industries & Keywords
EHLS: Top Represented Industries & Keywords
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