XVOL vs. PSCF ETF Comparison

Comparison of Acruence Active Hedge U.S. Equity ETF (XVOL) to PowerShares S&P SmallCap Financials Portfolio (PSCF)

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

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$54.18

Average Daily Volume

2,821

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	PSCF
30 Days	1.40%	-1.61%
60 Days	3.19%	4.65%
90 Days	5.76%	14.74%
12 Months	27.15%	38.19%

4 Overlapping Holdings

Symbol	Grade	Weight in XVOL	Weight in PSCF	Overlap
GTY	C	1.51%	0.44%	0.44%
HFWA	D	1.48%	0.21%	0.21%
TMP	D	2.03%	0.2%	0.2%
WAFD	D	2.57%	0.78%	0.78%

XVOL Overweight 45 Positions Relative to PSCF

Symbol	Grade	Weight
VZ	A	4.42%
GFF	C	3.54%
TFC	D	2.95%
NNN	A	2.86%
AXS	A	2.85%
BBY	B	2.5%
VST	A	2.47%
CCOI	B	2.39%
AVGO	C	2.36%
THG	C	2.34%
APP	A	2.06%
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%
ORCL	B	1.5%
TW	A	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%
PLOW	C	1.36%
SPGI	C	1.32%

XVOL Underweight 151 Positions Relative to PSCF

Symbol	Grade	Weight
CMA	C	-2.21%
JXN	A	-1.9%
EPRT	C	-1.67%
COOP	B	-1.62%
LNC	D	-1.5%
RDN	D	-1.46%
MC	C	-1.36%
CTRE	B	-1.32%
PECO	C	-1.28%
SLG	C	-1.26%
PIPR	B	-1.24%
SFBS	D	-1.11%
AGO	B	-1.11%
ABCB	C	-1.11%
HASI	C	-1.09%
IIPR	C	-1.07%
MAC	C	-1.05%
WD	C	-1.02%
SKT	A	-1.0%
MPW	C	-0.99%
HIW	C	-0.98%
BGC	C	-0.98%
BXMT	C	-0.96%
FBP	D	-0.96%
AX	D	-0.95%
UCBI	B	-0.95%
APLE	D	-0.94%
AUB	D	-0.93%
STEP	A	-0.92%
NMIH	C	-0.91%
FULT	D	-0.91%
PJT	C	-0.89%
CWK	C	-0.88%
APAM	C	-0.85%
CATY	D	-0.85%
LXP	D	-0.84%
CBU	D	-0.84%
FHB	D	-0.83%
WSFS	D	-0.83%
ABR	C	-0.82%
GNW	C	-0.82%
DEI	A	-0.81%
FCPT	C	-0.76%
BKU	D	-0.75%
SFNC	C	-0.75%
CNS	C	-0.71%
TBBK	C	-0.71%
VIRT	B	-0.71%
UE	C	-0.71%
PLMR	C	-0.7%
BOH	D	-0.7%
INDB	D	-0.7%
OUT	C	-0.7%
AKR	C	-0.68%
PRK	D	-0.68%
PFS	D	-0.66%
FFBC	D	-0.66%
PPBI	F	-0.66%
CVBF	B	-0.65%
SNEX	C	-0.65%
SBCF	D	-0.62%
JOE	D	-0.62%
GSHD	B	-0.61%
SHO	D	-0.6%
ENVA	D	-0.6%
EVTC	D	-0.59%
BANF	D	-0.58%
NATL	D	-0.58%
NBTB	D	-0.58%
OFG	D	-0.58%
RNST	D	-0.57%
STC	C	-0.57%
BANR	C	-0.57%
BANC	D	-0.57%
IBTX	D	-0.57%
PRG	C	-0.57%
ROIC	C	-0.55%
TRMK	D	-0.54%
DRH	C	-0.52%
DFIN	C	-0.49%
FBNC	D	-0.48%
CHCO	D	-0.48%
NWBI	D	-0.47%
FCF	D	-0.47%
GNL	D	-0.47%
MCY	B	-0.47%
LKFN	F	-0.46%
CASH	D	-0.45%
FBK	D	-0.45%
PEB	D	-0.45%
NBHC	D	-0.44%
STBA	D	-0.44%
LTC	D	-0.44%
JBGS	C	-0.43%
XHR	B	-0.43%
HOPE	D	-0.42%
HMN	B	-0.41%
HTH	D	-0.41%
TRUP	D	-0.4%
VRTS	F	-0.39%
ALEX	D	-0.39%
SPNT	D	-0.39%
VBTX	C	-0.39%
WABC	F	-0.37%
KW	B	-0.37%
RC	F	-0.37%
UNIT	B	-0.37%
CUBI	F	-0.37%
DEA	D	-0.36%
AAT	C	-0.35%
NAVI	D	-0.34%
EXPI	C	-0.34%
SAFT	D	-0.34%
PMT	C	-0.34%
EIG	B	-0.33%
ARI	F	-0.33%
EFC	D	-0.32%
CSR	D	-0.31%
ECPG	F	-0.31%
BHLB	D	-0.31%
PFBC	D	-0.28%
DCOM	C	-0.28%
RWT	C	-0.28%
MMI	C	-0.27%
NXRT	D	-0.27%
HCI	B	-0.26%
PRAA	F	-0.26%
AMSF	B	-0.26%
BDN	A	-0.26%
SBSI	D	-0.26%
BRKL	D	-0.25%
SVC	F	-0.23%
PRA	B	-0.22%
KREF	C	-0.21%
INN	A	-0.21%
CPF	C	-0.21%
CFFN	D	-0.2%
BSIG	D	-0.2%
AHH	F	-0.2%
HPP	F	-0.19%
EGBN	B	-0.19%
TRST	D	-0.18%
GDOT	C	-0.17%
EZPW	D	-0.16%
UHT	C	-0.16%
WSR	C	-0.16%
AMBC	F	-0.15%
HAFC	D	-0.15%
BFS	A	-0.14%
UFCS	D	-0.12%
WRLD	D	-0.1%