ULTY vs. EHLS ETF Comparison

Comparison of Tidal Trust II YieldMax Ultra Option Income Strategy ETF (ULTY) to Even Herd Long Short ETF (EHLS)

ULTY

Tidal Trust II YieldMax Ultra Option Income Strategy ETF

ULTY Description

The fund is an actively managed exchange-traded fund that seeks current income while providing direct and/or indirect exposure to the share price of select U.S. listed securities, subject to a limit on potential investment gains. It uses both traditional and synthetic covered call strategies that are designed to produce higher income levels when the underlying securities experience more volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.79

Average Daily Volume

530,375

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

$20.38

Average Daily Volume

2,646

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ULTY	EHLS
30 Days	2.82%	-1.14%
60 Days	5.17%	1.07%
90 Days	-1.00%	1.87%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in ULTY	Weight in EHLS	Overlap
	ZIM	B	5.67%	2.2%	2.2%

ULTY Overweight 8 Positions Relative to EHLS

Symbol	Grade	Weight
GPS	C	7.58%
FL	D	6.46%
CAVA	B	5.91%
RUN	F	5.76%
UPST	F	5.68%
NVAX	C	5.67%
HOOD	B	5.52%
VKTX	D	5.16%

ULTY Underweight 9 Positions Relative to EHLS

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

ULTY: Top Represented Industries & Keywords

Industries: Biotechnology Apparel Stores Credit Services Footwear & Accessories Marine Shipping Restaurants Software - Infrastructure Solar

EHLS: Top Represented Industries & Keywords

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