XMMO vs. EHLS ETF Comparison

Comparison of Invesco S&P MidCap Momentum ETF (XMMO) to Even Herd Long Short ETF (EHLS)

XMMO

Invesco S&P MidCap Momentum ETF

XMMO Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400 Momentum Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is composed of constituents of the S&P MidCap 400 that have the highest momentum score.

Grade (RS Rating)

Last Trade

$110.83

Average Daily Volume

372,989

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

$19.94

Average Daily Volume

3,626

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMMO	EHLS
30 Days	0.55%	5.64%
60 Days	-2.11%	-2.17%
90 Days	-1.13%	-0.94%
12 Months	37.69%

1 Overlapping Holdings

	Symbol	Grade	Weight in XMMO	Weight in EHLS	Overlap
	THC	B	2.19%	1.66%	1.66%

XMMO Overweight 73 Positions Relative to EHLS

Symbol	Grade	Weight
MANH	B	3.57%
LII	C	3.43%
EME	C	2.87%
TOL	B	2.71%
XPO	D	2.63%
OC	D	2.51%
BLD	D	2.25%
WING	C	2.14%
WSM	D	2.12%
FIX	C	2.09%
CSL	C	2.02%
WSO	D	1.88%
ONTO	D	1.86%
RS	D	1.82%
CW	B	1.77%
ERIE	A	1.76%
ELF	F	1.72%
BRBR	A	1.66%
SFM	B	1.64%
SAIA	D	1.61%
NVT	F	1.6%
DT	A	1.55%
PRI	B	1.52%
GGG	D	1.51%
CNM	F	1.48%
EXP	B	1.48%
TXRH	D	1.44%
PSTG	F	1.4%
ITT	C	1.4%
NBIX	D	1.37%
BWXT	C	1.37%
SSD	D	1.37%
CLH	C	1.36%
LECO	F	1.35%
USFD	B	1.33%
CR	C	1.29%
MUSA	B	1.24%
MTG	B	1.23%
NYT	C	1.23%
COKE	B	1.21%
WWD	D	1.2%
KNSL	B	1.2%
CASY	C	1.16%
CVLT	B	1.14%
EVR	B	1.0%
SKX	B	0.96%
TMHC	B	0.93%
HRB	B	0.92%
WFRD	F	0.9%
KBH	B	0.89%
TREX	F	0.89%
VNT	F	0.89%
CHE	C	0.88%
NEU	D	0.86%
HLI	B	0.84%
ESNT	B	0.84%
ESAB	D	0.83%
QLYS	F	0.83%
DBX	D	0.8%
AYI	C	0.75%
SAIC	B	0.75%
MSA	D	0.64%
R	C	0.63%
KD	D	0.6%
RMBS	F	0.58%
OLLI	D	0.56%
WTS	D	0.53%
AM	C	0.52%
CELH	F	0.48%
MSM	D	0.42%
BLKB	B	0.4%
CACC	F	0.38%
TDC	F	0.28%

XMMO Underweight 8 Positions Relative to EHLS

Symbol	Grade	Weight
GRBK	B	-1.98%
NXRT	B	-1.96%
GDS	A	-1.79%
FICO	A	-1.78%
HWM	B	-1.69%
AX	C	-1.64%
AVPT	A	-1.62%
AMAL	B	-1.6%