SPHB vs. EHLS ETF Comparison

Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to Even Herd Long Short ETF (EHLS)

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$93.52

Average Daily Volume

225,024

Number of Holdings ^*

100

* 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

$23.44

Average Daily Volume

2,561

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

Performance

Period	SPHB	EHLS
30 Days	4.60%	11.20%
60 Days	4.41%	13.37%
90 Days	10.93%	14.65%
12 Months	31.00%

19 Overlapping Holdings

Symbol	Grade	Weight in SPHB	Weight in EHLS	Overlap
AES	F	0.73%	-0.17%	-0.17%
ALB	C	1.59%	-0.28%	-0.28%
ANET	C	1.2%	0.88%	0.88%
APTV	F	0.81%	-0.18%	-0.18%
CEG	C	0.99%	1.21%	0.99%
CRL	D	0.8%	-0.28%	-0.28%
ENPH	F	1.01%	-0.18%	-0.18%
F	C	0.78%	-0.25%	-0.25%
HUBB	B	0.81%	0.46%	0.46%
IDXX	F	0.75%	-0.3%	-0.3%
KKR	A	0.98%	0.76%	0.76%
KMX	B	0.91%	-0.31%	-0.31%
MCHP	D	1.17%	-0.23%	-0.23%
META	D	0.99%	1.64%	0.99%
MGM	F	0.96%	-0.26%	-0.26%
NVDA	C	1.77%	1.72%	1.72%
ON	D	1.37%	-0.27%	-0.27%
PLTR	B	1.78%	1.25%	1.25%
VST	B	1.41%	1.31%	1.31%

SPHB Overweight 81 Positions Relative to EHLS

Symbol	Grade	Weight
SMCI	F	2.57%
TSLA	B	1.64%
TER	D	1.49%
AVGO	D	1.47%
KLAC	D	1.45%
AMD	F	1.44%
LRCX	D	1.39%
AMAT	F	1.37%
MPWR	F	1.3%
INTC	D	1.29%
DELL	C	1.26%
MU	D	1.24%
SNPS	B	1.23%
CDNS	B	1.21%
CRWD	B	1.21%
NXPI	D	1.19%
QCOM	F	1.18%
CZR	D	1.17%
PWR	A	1.15%
BLDR	D	1.12%
SWKS	D	1.08%
ADI	D	1.05%
QRVO	F	1.05%
CCL	B	1.05%
DECK	B	1.05%
WDC	C	1.01%
ALGN	D	1.01%
NCLH	B	0.99%
URI	B	0.99%
KEYS	B	0.98%
ETN	A	0.97%
BX	B	0.95%
FSLR	F	0.94%
CRM	B	0.93%
UBER	D	0.93%
AMZN	B	0.92%
RCL	A	0.92%
UAL	B	0.92%
APH	B	0.91%
JBL	C	0.9%
ABNB	C	0.9%
GNRC	B	0.9%
NOW	A	0.89%
BXP	C	0.87%
ADSK	B	0.87%
ORCL	B	0.87%
PODD	B	0.86%
ZBRA	A	0.86%
NFLX	B	0.84%
TXN	D	0.83%
HPE	B	0.82%
ROK	B	0.81%
FCX	F	0.81%
PANW	B	0.81%
IVZ	B	0.81%
DAL	B	0.81%
PH	A	0.81%
INTU	C	0.8%
CARR	D	0.8%
NTAP	B	0.8%
STX	D	0.79%
EL	F	0.79%
IR	A	0.78%
ANSS	B	0.78%
PYPL	B	0.78%
PHM	D	0.77%
LULU	C	0.76%
ADBE	C	0.76%
KEY	B	0.76%
TROW	A	0.74%
MSFT	C	0.74%
IT	C	0.74%
MHK	D	0.74%
LW	C	0.73%
DAY	B	0.73%
IQV	D	0.71%
EFX	D	0.7%
CAT	B	0.69%
TECH	C	0.69%
MRNA	F	0.67%
CE	F	0.6%

SPHB Underweight 252 Positions Relative to EHLS

Symbol	Grade	Weight
SPOT	B	-2.25%
BMA	B	-2.14%
CSWI	B	-2.03%
QTWO	A	-1.82%
HWM	B	-1.8%
GDS	D	-1.71%
LMB	B	-1.7%
IRM	C	-1.68%
PIPR	B	-1.67%
SLG	B	-1.62%
MSI	B	-1.57%
USLM	A	-1.53%
CTAS	A	-1.48%
HWKN	A	-1.46%
GVA	B	-1.41%
IGIC	A	-1.33%
SE	B	-1.3%
FICO	A	-1.3%
CVNA	B	-1.29%
CRS	A	-1.27%
CW	B	-1.26%
ADMA	B	-1.26%
WELL	A	-1.25%
BK	A	-1.24%
TPB	B	-1.24%
SFM	A	-1.2%
CLBT	B	-1.2%
NRG	B	-1.2%
SKT	A	-1.14%
REAX	D	-1.1%
PAM	B	-1.09%
RDNT	C	-1.08%
SLVM	B	-1.06%
ARES	A	-1.05%
DASH	A	-1.05%
FTDR	B	-1.04%
TRGP	B	-1.03%
TPL	B	-1.02%
HOOD	B	-1.01%
BRO	A	-1.0%
AXP	A	-1.0%
THC	D	-0.98%
CBRE	A	-0.98%
RSI	A	-0.98%
TMUS	A	-0.96%
NPAB	B	-0.92%
EDN	B	-0.92%
WAB	A	-0.89%
JXN	B	-0.87%
GLNG	C	-0.86%
PNTG	D	-0.84%
MOD	B	-0.82%
IESC	B	-0.79%
COOP	B	-0.78%
SKYW	A	-0.76%
CNX	B	-0.76%
ISRG	B	-0.76%
EME	B	-0.75%
BSX	B	-0.71%
PSN	D	-0.7%
CDNA	D	-0.62%
HLNE	B	-0.62%
CCB	B	-0.56%
AMAL	B	-0.56%
AIT	A	-0.55%
ALSN	B	-0.55%
NBN	C	-0.54%
BBSI	A	-0.54%
FTI	A	-0.53%
CNK	B	-0.51%
PKG	A	-0.49%
TWLO	B	-0.49%
VERX	A	-0.49%
CLH	B	-0.48%
PGR	A	-0.48%
FI	A	-0.48%
TYL	A	-0.48%
QFIN	A	-0.47%
MMYT	A	-0.46%
GRBK	D	-0.46%
POWL	C	-0.45%
UFPT	C	-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	B	-0.3%
CEIX	B	-0.3%
FRHC	C	-0.28%
KTB	B	-0.27%
MUSA	A	-0.27%
PPTA	C	-0.27%
CASH	B	-0.27%
EXLS	A	-0.26%
LYV	B	-0.26%
SOFI	B	-0.25%
MLR	B	-0.25%
PEGA	A	-0.25%
SNEX	B	-0.25%
MATX	C	-0.24%
ONON	B	-0.24%
BBW	B	-0.24%
GATO	D	-0.23%
TRUP	B	-0.23%
EXEL	A	-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%
PGNY	F	--0.17%
STNG	F	--0.17%
WU	D	--0.18%
FLNG	C	--0.19%
W	F	--0.2%
BEN	C	--0.2%
COLD	D	--0.2%
VAL	F	--0.2%
AMRC	F	--0.2%
WRLD	C	--0.2%
ASH	F	--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	D	--0.22%
DOOO	F	--0.22%
LEA	D	--0.22%
CSGP	C	--0.23%
MRK	D	--0.23%
ROG	F	--0.23%
DLB	B	--0.23%
NTST	D	--0.23%
APA	F	--0.23%
IMCR	C	--0.23%
NKE	F	--0.23%
TEX	D	--0.23%
ELV	F	--0.23%
OLN	D	--0.23%
NUE	D	--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	C	--0.24%
PLD	D	--0.24%
PD	C	--0.24%
ETSY	C	--0.24%
SITE	C	--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	B	--0.25%
PCH	C	--0.25%
IPG	C	--0.25%
MTN	C	--0.25%
FUL	D	--0.25%
PEP	F	--0.25%
GIS	D	--0.25%
ATKR	C	--0.25%
REXR	F	--0.25%
ALV	C	--0.25%
GO	C	--0.26%
BG	D	--0.26%
THS	D	--0.26%
ARE	D	--0.26%
STZ	F	--0.26%
ALGM	D	--0.26%
IAC	D	--0.26%
CTRA	B	--0.26%
HDB	A	--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%
MTDR	C	--0.27%
SLAB	D	--0.27%
CNI	F	--0.27%
CWH	B	--0.27%
CDW	F	--0.27%
YELP	C	--0.28%
OKTA	C	--0.28%
VTLE	D	--0.28%
MUR	F	--0.28%
VRSN	C	--0.28%
MRTN	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	C	--0.29%
SJM	C	--0.29%
CHRD	F	--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	B	--0.29%
RPD	C	--0.29%
CIVI	F	--0.29%
EXC	C	--0.3%
PINS	D	--0.3%
ES	D	--0.3%
EG	C	--0.3%
SNOW	C	--0.3%
WFRD	F	--0.3%
RIO	F	--0.3%
HES	B	--0.3%
AVA	B	--0.3%
AWK	D	--0.3%
PPG	D	--0.3%
EVTC	C	--0.3%
HELE	C	--0.3%
ACI	C	--0.3%
DIOD	D	--0.3%
OXM	D	--0.31%
ZD	C	--0.31%
IRTC	C	--0.32%
CAR	C	--0.32%
VLO	C	--0.32%
ALRM	C	--0.32%
TENB	C	--0.33%
OVV	C	--0.33%
NARI	C	--0.34%
AMR	C	--0.35%
UPS	C	--0.37%
PRGO	C	--0.44%