XVOL vs. CARK ETF Comparison

Comparison of Acruence Active Hedge U.S. Equity ETF (XVOL) to The Advisors? Inner Circle Fund II CastleArk Large Growth ETF (CARK)

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

$23.87

Average Daily Volume

2,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CARK

The Advisors? Inner Circle Fund II CastleArk Large Growth ETF

CARK Description

The fund is an actively managed exchange-traded Fund ("ETF"). Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in common stock of large-capitalization companies. The fund may also invest up to 20% of its net assets, plus borrowings for investment purposes, in common stock of mid-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.14

Average Daily Volume

317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	CARK
30 Days	9.73%	2.37%
60 Days	10.22%	4.06%
90 Days	11.71%	4.35%
12 Months	36.35%

2 Overlapping Holdings

	Symbol	Grade	Weight in XVOL	Weight in CARK	Overlap
	BX	A	1.76%	4.44%	1.76%
	FICO	B	2.06%	2.0%	2.0%

XVOL Overweight 47 Positions Relative to CARK

Symbol	Grade	Weight
APP	B	4.25%
GFF	A	3.83%
VZ	C	3.7%
TFC	A	2.99%
AXS	A	2.93%
PLTR	B	2.72%
VST	B	2.7%
WAFD	B	2.58%
CCOI	B	2.55%
TMP	B	2.46%
THG	A	2.37%
NNN	D	2.36%
AVGO	D	2.26%
BBY	D	2.18%
KKR	A	2.04%
NTRA	B	1.99%
NRG	B	1.97%
MSI	B	1.9%
WELL	A	1.77%
CTAS	B	1.76%
SWX	B	1.76%
T	A	1.74%
SPG	B	1.71%
HFWA	B	1.71%
MMM	D	1.71%
USFD	A	1.66%
VTR	C	1.65%
BMY	B	1.64%
WMT	A	1.62%
ORCL	B	1.6%
O	D	1.54%
PKG	A	1.53%
MPLX	A	1.52%
TW	A	1.51%
FNF	B	1.49%
PGR	A	1.48%
WSM	B	1.45%
EFX	F	1.45%
TRV	B	1.43%
GTY	B	1.39%
ORI	A	1.38%
BSX	B	1.36%
ICE	C	1.34%
PEG	A	1.33%
SPGI	C	1.25%
RKT	F	1.19%
PLOW	D	1.17%

XVOL Underweight 24 Positions Relative to CARK

Symbol	Grade	Weight
NVDA	C	-13.68%
MSFT	F	-11.72%
AAPL	C	-8.53%
AMZN	C	-7.62%
GOOGL	C	-5.83%
META	D	-4.69%
MA	C	-4.6%
NOW	A	-4.1%
V	A	-3.99%
ANET	C	-3.9%
ISRG	A	-3.07%
NFLX	A	-3.05%
VRTX	F	-2.67%
LLY	F	-2.28%
TTD	B	-2.05%
APO	B	-1.95%
SBUX	A	-1.45%
HD	A	-1.44%
UNP	C	-1.36%
UBER	D	-1.21%
SNPS	B	-1.16%
ADBE	C	-0.81%
AMAT	F	-0.79%
LRCX	F	-0.6%