XVOL vs. PUI ETF Comparison

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

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

$23.74

Average Daily Volume

2,469

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PUI

PowerShares Dynamic Utilities

PUI Description

The PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities 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 utilities companies. These companies are principally engaged in providing either energy, water, natural gas or telecommunications services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$42.36

Average Daily Volume

8,330

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	PUI
30 Days	9.13%	5.64%
60 Days	10.35%	6.46%
90 Days	11.10%	12.60%
12 Months	35.60%	38.52%

4 Overlapping Holdings

Symbol	Grade	Weight in XVOL	Weight in PUI	Overlap
NRG	B	1.97%	3.27%	1.97%
PEG	A	1.33%	3.46%	1.33%
T	A	1.74%	3.27%	1.74%
VST	A	2.7%	5.04%	2.7%

XVOL Overweight 45 Positions Relative to PUI

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%
WAFD	B	2.58%
CCOI	B	2.55%
TMP	B	2.46%
THG	A	2.37%
NNN	C	2.36%
AVGO	D	2.26%
BBY	D	2.18%
FICO	B	2.06%
KKR	A	2.04%
NTRA	A	1.99%
MSI	B	1.9%
WELL	A	1.77%
CTAS	B	1.76%
SWX	B	1.76%
BX	A	1.76%
SPG	A	1.71%
HFWA	C	1.71%
MMM	D	1.71%
USFD	A	1.66%
VTR	B	1.65%
BMY	B	1.64%
WMT	A	1.62%
ORCL	A	1.6%
O	C	1.54%
PKG	A	1.53%
MPLX	A	1.52%
TW	A	1.51%
FNF	B	1.49%
PGR	A	1.48%
WSM	C	1.45%
EFX	F	1.45%
TRV	B	1.43%
GTY	A	1.39%
ORI	A	1.38%
BSX	A	1.36%
ICE	C	1.34%
SPGI	C	1.25%
RKT	F	1.19%
PLOW	D	1.17%

XVOL Underweight 29 Positions Relative to PUI

Symbol	Grade	Weight
OKE	A	-4.27%
PCG	A	-3.74%
LUMN	C	-3.73%
ATO	A	-3.65%
SRE	A	-3.63%
NI	A	-3.59%
WEC	A	-3.49%
DUK	C	-3.42%
XEL	A	-3.42%
CEG	C	-3.41%
AWK	C	-3.05%
SO	C	-3.05%
DTE	C	-2.99%
CMS	C	-2.98%
LNT	A	-2.91%
EVRG	A	-2.86%
CNP	A	-2.86%
AEE	A	-2.76%
PNW	A	-2.72%
IDA	A	-2.68%
EIX	B	-2.49%
FE	C	-2.46%
AEP	C	-2.4%
ES	C	-2.35%
ED	C	-2.33%
NFG	A	-2.32%
NJR	A	-2.29%
OTTR	C	-2.15%
NOVA	F	-0.87%