XVOL vs. PRN ETF Comparison

Comparison of Acruence Active Hedge U.S. Equity ETF (XVOL) to PowerShares Dynamic Industrials (PRN)

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

$23.25

Average Daily Volume

2,450

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PRN

PowerShares Dynamic Industrials

PRN Description

The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$172.53

Average Daily Volume

18,320

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	PRN
30 Days	4.62%	6.96%
60 Days	8.11%	14.21%
90 Days	10.07%	21.42%
12 Months	32.25%	60.59%

2 Overlapping Holdings

	Symbol	Grade	Weight in XVOL	Weight in PRN	Overlap
	CTAS	B	1.76%	3.25%	1.76%
	PKG	B	1.53%	2.93%	1.53%

XVOL Overweight 47 Positions Relative to PRN

Symbol	Grade	Weight
APP	A	4.25%
GFF	B	3.83%
VZ	C	3.7%
TFC	A	2.99%
AXS	A	2.93%
PLTR	A	2.72%
VST	A	2.7%
WAFD	B	2.58%
CCOI	B	2.55%
TMP	B	2.46%
THG	A	2.37%
NNN	C	2.36%
AVGO	C	2.26%
BBY	D	2.18%
FICO	B	2.06%
KKR	A	2.04%
NTRA	A	1.99%
NRG	B	1.97%
MSI	B	1.9%
WELL	A	1.77%
SWX	A	1.76%
BX	A	1.76%
T	A	1.74%
SPG	A	1.71%
HFWA	B	1.71%
MMM	D	1.71%
USFD	A	1.66%
VTR	B	1.65%
BMY	A	1.64%
WMT	A	1.62%
ORCL	A	1.6%
O	C	1.54%
MPLX	A	1.52%
TW	A	1.51%
FNF	A	1.49%
PGR	B	1.48%
WSM	D	1.45%
EFX	F	1.45%
TRV	A	1.43%
GTY	A	1.39%
ORI	A	1.38%
BSX	A	1.36%
ICE	C	1.34%
PEG	C	1.33%
SPGI	D	1.25%
RKT	F	1.19%
PLOW	D	1.17%

XVOL Underweight 38 Positions Relative to PRN

Symbol	Grade	Weight
SMR	A	-4.11%
FIX	A	-3.97%
PWR	A	-3.79%
GWW	B	-3.77%
WSO	A	-3.7%
PH	B	-3.54%
HEI	A	-3.39%
TT	A	-3.26%
URI	B	-3.23%
HWM	A	-3.06%
FI	A	-2.83%
AXON	A	-2.73%
STRL	A	-2.7%
CSL	C	-2.5%
IRM	C	-2.47%
TDG	D	-2.47%
CSWI	A	-2.31%
BAH	D	-2.31%
EXP	B	-2.11%
RSG	A	-2.05%
MLI	B	-2.05%
CARR	D	-2.03%
GE	D	-2.03%
DY	C	-1.98%
GVA	A	-1.95%
LMB	A	-1.83%
ROAD	A	-1.78%
AIT	B	-1.78%
TTEK	F	-1.74%
TPC	C	-1.64%
CLH	C	-1.61%
KAI	B	-1.6%
FWRD	D	-1.47%
UFPI	C	-1.46%
ITT	A	-1.45%
VSEC	B	-1.45%
RUSHA	B	-1.38%
CECO	C	-1.2%