XVOL vs. AIRR ETF Comparison

Comparison of Acruence Active Hedge U.S. Equity ETF (XVOL) to First Trust RBA American Industrial Renaissance ETF (AIRR)

XVOL

Acruence Active Hedge U.S. Equity ETF

XVOL Description

Valor Latitude Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

Grade (RS Rating)

Last Trade

$21.80

Average Daily Volume

6,881

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$73.47

Average Daily Volume

223,736

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	AIRR
30 Days	1.40%	1.27%
60 Days	3.19%	7.77%
90 Days	5.76%	9.23%
12 Months	27.15%	49.20%

1 Overlapping Holdings

	Symbol	Grade	Weight in XVOL	Weight in AIRR	Overlap
	PLOW	C	1.36%	0.61%	0.61%

XVOL Overweight 48 Positions Relative to AIRR

Symbol	Grade	Weight
VZ	A	4.42%
GFF	C	3.54%
TFC	D	2.95%
NNN	A	2.86%
AXS	A	2.85%
WAFD	D	2.57%
BBY	B	2.5%
VST	A	2.47%
CCOI	B	2.39%
AVGO	C	2.36%
THG	C	2.34%
APP	A	2.06%
TMP	D	2.03%
NRG	A	1.95%
SWX	C	1.9%
KKR	A	1.9%
PLTR	A	1.85%
MMM	C	1.82%
O	A	1.81%
MSI	A	1.81%
FICO	A	1.81%
T	A	1.77%
CTAS	B	1.77%
VTR	C	1.77%
WELL	C	1.76%
RKT	C	1.75%
NTRA	A	1.75%
WSM	B	1.73%
SPG	A	1.7%
EFX	C	1.69%
USFD	C	1.67%
WMT	A	1.65%
BMY	B	1.61%
BX	C	1.6%
FNF	A	1.59%
PGR	C	1.57%
MPLX	A	1.56%
GTY	C	1.51%
ORCL	B	1.5%
TW	A	1.48%
HFWA	D	1.48%
PKG	C	1.47%
PEG	A	1.45%
ICE	A	1.45%
ORI	B	1.41%
BSX	A	1.39%
TRV	C	1.39%
SPGI	C	1.32%

XVOL Underweight 56 Positions Relative to AIRR

Symbol	Grade	Weight
GVA	A	-3.57%
MLI	C	-3.34%
EME	C	-3.29%
HUBB	A	-3.27%
PRIM	C	-3.22%
AIT	B	-3.15%
MDU	C	-3.14%
BWXT	A	-3.09%
CLH	C	-3.08%
MSM	D	-3.07%
RBC	C	-2.95%
HII	F	-2.92%
KEX	C	-2.84%
FSS	B	-2.75%
WMS	D	-2.63%
HRI	C	-2.38%
CNM	F	-2.37%
MWA	A	-2.29%
FIX	A	-2.16%
ROAD	C	-2.03%
ACA	C	-2.02%
DY	C	-2.01%
GBX	C	-1.9%
AAON	A	-1.89%
FNB	D	-1.59%
VSEC	D	-1.57%
MTZ	B	-1.5%
MRCY	B	-1.41%
DNOW	F	-1.4%
WNC	F	-1.32%
STRL	B	-1.23%
WTFC	D	-1.23%
HEES	D	-1.22%
ATKR	F	-1.15%
DXPE	C	-1.08%
ASB	F	-1.02%
ONB	D	-0.99%
FRME	D	-0.93%
FFBC	D	-0.93%
MRC	D	-0.9%
POWL	A	-0.83%
TPC	A	-0.82%
PRK	D	-0.82%
FULT	D	-0.8%
LMB	B	-0.69%
FCF	D	-0.68%
TGI	F	-0.65%
AMRC	C	-0.58%
BLBD	D	-0.58%
PRLB	F	-0.57%
SHYF	D	-0.54%
ASTE	F	-0.53%
ANET	A	-0.5%
IIIN	F	-0.5%
TRNS	D	-0.49%
LKFN	F	-0.49%