EHLS vs. NZUS ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to SPDR MSCI USA Climate Paris Aligned ETF (NZUS)

EHLS

Even Herd Long Short ETF

EHLS Description

EHLS seeks long-term capital appreciation through a momentum-focused strategy that takes both long and short positions in US equity securities. In selecting securities, the fund employs a proprietary algorithm that emphasizes a dynamic, trend-focused analysis, instead of a strictly bottom-up valuation analysis, driven by price movements and other data points based on market trends and stock momentum. The sub-adviser may adjust its proprietary system that is continuously optimized and refined. The fund strategy involves taking long positions in equity securities exhibiting strong upward momentum and short positions in those showing downward momentum. The actively managed fund targets a net equity exposure from 40% to 90% net long, subject to adjustments based on market conditions. The fund aims to maintain 100% long and 10-60% short exposure. Short sales may include entering into swap agreements or the use of leverage.

Grade (RS Rating)

Last Trade

$23.12

Average Daily Volume

2,612

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

NZUS

SPDR MSCI USA Climate Paris Aligned ETF

NZUS Description

SPDR Series Trust - SPDR MSCI USA Climate Paris Aligned ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI USA Climate Paris Aligned Index, by using representative sampling technique. It does not invest in stocks of companies operating across cluster bombs, landmines, depleted uranium, chemical or biological weapons, blinding laser weapons, non-detectable fragments or incendiary weapons, tobacco, mining of thermal coal, oil and gas related activities, including distribution / retail, equipment and services, extraction and production, petrochemicals, pipelines and transportation and refining, thermal coal based, liquid fuel based and natural gas based power generation sectors. SPDR Series Trust - SPDR MSCI USA Climate Paris Aligned ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.36

Average Daily Volume

297

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	NZUS
30 Days	8.97%	1.52%
60 Days	10.38%	3.56%
90 Days	12.83%	5.22%
12 Months		31.25%

35 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in NZUS	Overlap
ANET	C	0.88%	0.07%	0.07%
ARE	F	-0.26%	0.45%	-0.26%
AVTR	F	-0.22%	0.03%	-0.22%
AWK	C	-0.3%	0.52%	-0.3%
AXP	A	1.0%	0.39%	0.39%
BK	A	1.24%	0.21%	0.21%
BRO	B	1.0%	0.21%	0.21%
BSX	A	0.71%	0.28%	0.28%
CSGP	D	-0.23%	0.1%	-0.23%
CTAS	B	1.48%	0.2%	0.2%
ELV	F	-0.23%	0.22%	-0.23%
ENPH	F	-0.18%	0.21%	-0.18%
FI	A	0.48%	0.1%	0.1%
FTV	C	-0.25%	0.36%	-0.25%
HSY	F	-0.25%	0.29%	-0.25%
IDXX	F	-0.3%	0.13%	-0.3%
ISRG	A	0.76%	0.38%	0.38%
KKR	A	0.76%	0.18%	0.18%
META	D	1.64%	2.55%	1.64%
MRK	D	-0.23%	0.66%	-0.23%
MSI	B	1.57%	0.52%	0.52%
NKE	F	-0.23%	0.08%	-0.23%
NVDA	B	1.72%	7.86%	1.72%
OKTA	C	-0.28%	0.02%	-0.28%
PGR	A	0.48%	0.36%	0.36%
PINS	F	-0.3%	0.02%	-0.3%
PLD	F	-0.24%	0.72%	-0.24%
SNOW	B	-0.3%	0.02%	-0.3%
STZ	D	-0.26%	0.03%	-0.26%
TMO	F	-0.29%	0.52%	-0.29%
TMUS	B	0.96%	0.05%	0.05%
TYL	B	0.48%	0.05%	0.05%
VRSN	C	-0.28%	0.15%	-0.28%
WELL	A	1.25%	0.2%	0.2%
WPC	C	-0.24%	0.01%	-0.24%

EHLS Overweight 236 Positions Relative to NZUS

Symbol	Grade	Weight
SPOT	B	2.25%
BMA	C	2.14%
CSWI	B	2.03%
QTWO	A	1.82%
HWM	A	1.8%
GDS	C	1.71%
LMB	B	1.7%
IRM	C	1.68%
PIPR	A	1.67%
SLG	B	1.62%
USLM	A	1.53%
HWKN	B	1.46%
GVA	A	1.41%
IGIC	B	1.33%
VST	A	1.31%
SE	A	1.3%
FICO	B	1.3%
CVNA	B	1.29%
CRS	B	1.27%
CW	C	1.26%
ADMA	B	1.26%
PLTR	B	1.25%
TPB	B	1.24%
CEG	C	1.21%
SFM	A	1.2%
CLBT	B	1.2%
NRG	B	1.2%
SKT	A	1.14%
REAX	D	1.1%
PAM	A	1.09%
RDNT	B	1.08%
SLVM	B	1.06%
ARES	A	1.05%
DASH	B	1.05%
FTDR	B	1.04%
TRGP	A	1.03%
TPL	A	1.02%
HOOD	B	1.01%
THC	D	0.98%
CBRE	B	0.98%
RSI	A	0.98%
NPAB	F	0.92%
EDN	B	0.92%
WAB	B	0.89%
JXN	C	0.87%
GLNG	C	0.86%
PNTG	D	0.84%
MOD	A	0.82%
IESC	C	0.79%
COOP	B	0.78%
SKYW	C	0.76%
CNX	A	0.76%
EME	A	0.75%
PSN	D	0.7%
CDNA	D	0.62%
HLNE	B	0.62%
CCB	A	0.56%
AMAL	B	0.56%
AIT	B	0.55%
ALSN	B	0.55%
NBN	C	0.54%
BBSI	B	0.54%
FTI	A	0.53%
CNK	C	0.51%
PKG	A	0.49%
TWLO	A	0.49%
VERX	A	0.49%
CLH	C	0.48%
QFIN	A	0.47%
HUBB	B	0.46%
MMYT	B	0.46%
GRBK	D	0.46%
POWL	C	0.45%
UFPT	C	0.44%
RNA	C	0.44%
ALHC	C	0.42%
CACI	D	0.42%
RKLB	A	0.39%
WULF	C	0.34%
YPF	B	0.32%
TCBX	B	0.3%
CEIX	A	0.3%
FRHC	B	0.28%
KTB	B	0.27%
MUSA	B	0.27%
PPTA	C	0.27%
CASH	B	0.27%
EXLS	B	0.26%
LYV	A	0.26%
SOFI	B	0.25%
MLR	C	0.25%
PEGA	B	0.25%
SNEX	B	0.25%
MATX	C	0.24%
ONON	A	0.24%
BBW	C	0.24%
GATO	C	0.23%
TRUP	B	0.23%
EXEL	B	0.23%
AORT	B	0.22%
CSTM	F	-0.07%
NEP	F	-0.09%
SPT	C	-0.14%
CVI	F	-0.15%
AMN	F	-0.16%
VSAT	F	-0.16%
AES	F	-0.17%
PGNY	F	-0.17%
STNG	F	-0.17%
APTV	F	-0.18%
WU	F	-0.18%
FLNG	C	-0.19%
W	D	-0.2%
BEN	C	-0.2%
COLD	D	-0.2%
VAL	F	-0.2%
AMRC	F	-0.2%
WRLD	C	-0.2%
ASH	F	-0.21%
ELF	C	-0.21%
DG	F	-0.21%
ADNT	F	-0.21%
WSC	F	-0.21%
ASML	F	-0.22%
IGT	F	-0.22%
ENOV	C	-0.22%
PARR	F	-0.22%
FIVE	F	-0.22%
DOOO	F	-0.22%
LEA	F	-0.22%
ROG	D	-0.23%
DLB	B	-0.23%
NTST	C	-0.23%
APA	D	-0.23%
IMCR	D	-0.23%
TEX	F	-0.23%
MCHP	F	-0.23%
OLN	F	-0.23%
NUE	C	-0.23%
SCL	C	-0.24%
OMI	F	-0.24%
ENTG	D	-0.24%
CWT	C	-0.24%
ODP	F	-0.24%
NSP	F	-0.24%
WOR	F	-0.24%
APLS	F	-0.24%
PD	C	-0.24%
ETSY	D	-0.24%
SITE	F	-0.24%
CC	C	-0.24%
ADM	D	-0.25%
JBSS	F	-0.25%
AKAM	D	-0.25%
OTEX	F	-0.25%
PCH	F	-0.25%
IPG	D	-0.25%
MTN	C	-0.25%
FUL	F	-0.25%
PEP	F	-0.25%
F	C	-0.25%
GIS	D	-0.25%
ATKR	D	-0.25%
REXR	F	-0.25%
ALV	C	-0.25%
MGM	D	-0.26%
GO	C	-0.26%
BG	D	-0.26%
THS	D	-0.26%
ALGM	D	-0.26%
IAC	F	-0.26%
CTRA	B	-0.26%
HDB	C	-0.26%
FMX	F	-0.26%
SON	F	-0.26%
CALX	D	-0.27%
DVN	F	-0.27%
COHU	C	-0.27%
HXL	F	-0.27%
ON	D	-0.27%
MTDR	B	-0.27%
SLAB	F	-0.27%
CNI	F	-0.27%
CWH	B	-0.27%
CDW	F	-0.27%
YELP	C	-0.28%
ALB	B	-0.28%
VTLE	C	-0.28%
MUR	D	-0.28%
MRTN	D	-0.28%
CRL	D	-0.28%
USPH	B	-0.28%
SJW	F	-0.28%
PZZA	F	-0.28%
CENTA	C	-0.28%
TDC	D	-0.29%
FIVN	C	-0.29%
UGI	C	-0.29%
HP	C	-0.29%
SJM	D	-0.29%
CHRD	D	-0.29%
LKQ	F	-0.29%
AMRK	F	-0.29%
AIN	C	-0.29%
MOS	F	-0.29%
URBN	C	-0.29%
CENT	C	-0.29%
SLB	C	-0.29%
SIGI	C	-0.29%
RPD	B	-0.29%
CIVI	D	-0.29%
EXC	C	-0.3%
ES	C	-0.3%
EG	C	-0.3%
WFRD	D	-0.3%
RIO	D	-0.3%
HES	B	-0.3%
AVA	A	-0.3%
PPG	F	-0.3%
EVTC	B	-0.3%
HELE	C	-0.3%
ACI	C	-0.3%
DIOD	D	-0.3%
KMX	B	-0.31%
OXM	F	-0.31%
ZD	B	-0.31%
IRTC	C	-0.32%
CAR	C	-0.32%
VLO	C	-0.32%
ALRM	C	-0.32%
TENB	C	-0.33%
OVV	B	-0.33%
NARI	C	-0.34%
AMR	C	-0.35%
UPS	C	-0.37%
PRGO	C	-0.44%

EHLS Underweight 213 Positions Relative to NZUS

Symbol	Grade	Weight
AAPL	C	-6.69%
MSFT	D	-6.65%
AMZN	C	-3.66%
TSLA	B	-2.89%
GOOG	C	-2.36%
V	A	-1.75%
LLY	F	-1.74%
AVGO	D	-1.71%
DLR	B	-1.7%
SHW	B	-1.53%
JPM	A	-1.27%
MA	B	-1.26%
IBM	C	-1.24%
EIX	B	-1.21%
GOOGL	C	-1.21%
UNH	B	-1.21%
XYL	D	-1.14%
MCD	D	-0.96%
NOW	A	-0.94%
HD	B	-0.9%
JNJ	C	-0.9%
EQIX	A	-0.87%
CRM	B	-0.86%
CSCO	B	-0.85%
ORCL	A	-0.82%
NFLX	A	-0.79%
SPGI	C	-0.75%
TXN	C	-0.67%
INTU	B	-0.63%
ADI	D	-0.63%
ACN	B	-0.62%
ADBE	C	-0.59%
FSLR	F	-0.58%
MCO	B	-0.57%
AMD	F	-0.57%
ABBV	F	-0.57%
ACM	B	-0.57%
AFL	B	-0.56%
AME	A	-0.54%
ZTS	D	-0.52%
DHR	F	-0.51%
PNR	A	-0.47%
ROK	C	-0.45%
BXP	C	-0.45%
DOC	C	-0.45%
AVB	B	-0.45%
ESS	B	-0.44%
QCOM	F	-0.43%
SCHW	B	-0.4%
DIS	B	-0.39%
TJX	A	-0.39%
CB	C	-0.38%
BMY	B	-0.36%
SYK	B	-0.35%
ITW	B	-0.35%
MMC	B	-0.33%
MTD	F	-0.33%
MRVL	B	-0.32%
JNPR	D	-0.31%
MDT	D	-0.3%
CME	B	-0.3%
RIVN	F	-0.29%
WFC	A	-0.28%
ADSK	A	-0.28%
AMGN	F	-0.28%
INTC	C	-0.28%
ICE	C	-0.27%
SBUX	A	-0.27%
VRTX	D	-0.27%
PFE	F	-0.25%
GRMN	B	-0.25%
IEX	C	-0.25%
BX	A	-0.24%
FAST	B	-0.24%
AMT	C	-0.24%
VICI	C	-0.24%
ALLE	C	-0.24%
WST	C	-0.24%
ACGL	C	-0.24%
SNPS	B	-0.23%
CMCSA	B	-0.23%
APO	B	-0.22%
MELI	C	-0.22%
KLAC	F	-0.22%
PSA	C	-0.21%
REGN	F	-0.21%
UNP	C	-0.2%
PYPL	B	-0.2%
UBER	F	-0.2%
CHD	A	-0.2%
WAT	C	-0.2%
ODFL	C	-0.2%
AON	A	-0.19%
ABNB	C	-0.19%
APH	A	-0.19%
EBAY	D	-0.18%
O	C	-0.18%
CPRT	B	-0.17%
ROP	B	-0.17%
AFG	A	-0.17%
HIG	B	-0.17%
EW	C	-0.17%
AXON	A	-0.16%
CMG	B	-0.16%
VRSK	A	-0.16%
FFIV	B	-0.16%
MNST	C	-0.15%
VLTO	C	-0.15%
ECL	D	-0.15%
PAYX	B	-0.15%
YUM	D	-0.15%
SPG	A	-0.15%
TRMB	B	-0.14%
RMD	C	-0.14%
ALL	A	-0.14%
CINF	A	-0.14%
ROST	D	-0.14%
WTW	B	-0.14%
KEYS	A	-0.13%
USB	A	-0.13%
FTNT	C	-0.13%
CHTR	C	-0.13%
ROL	B	-0.12%
RVTY	F	-0.12%
MET	A	-0.12%
MKL	A	-0.12%
NDAQ	A	-0.12%
TROW	B	-0.11%
FDS	B	-0.11%
VZ	C	-0.11%
ETN	A	-0.11%
ALNY	D	-0.11%
RPRX	D	-0.11%
LULU	C	-0.1%
MPWR	F	-0.1%
EQR	C	-0.1%
AJG	A	-0.1%
EFX	F	-0.1%
GGG	B	-0.1%
SEIC	B	-0.1%
CBOE	C	-0.1%
KIM	A	-0.09%
WRB	A	-0.09%
NEM	D	-0.09%
NTRS	A	-0.09%
ADP	A	-0.09%
ERIE	D	-0.09%
A	D	-0.09%
BDX	F	-0.09%
DXCM	C	-0.08%
KDP	F	-0.08%
VEEV	C	-0.08%
MTB	A	-0.08%
DFS	B	-0.08%
WDAY	B	-0.08%
HOLX	D	-0.08%
HUM	C	-0.08%
TRV	B	-0.07%
ZBH	C	-0.07%
ULTA	F	-0.07%
MKTX	D	-0.07%
VTR	B	-0.07%
BIIB	F	-0.06%
PANW	B	-0.06%
ILMN	C	-0.06%
ANSS	B	-0.06%
GWW	B	-0.05%
AOS	F	-0.05%
LOW	C	-0.05%
PODD	C	-0.05%
BMRN	F	-0.05%
VMC	B	-0.05%
TTD	B	-0.05%
EXR	C	-0.05%
CTLT	C	-0.04%
TFX	F	-0.04%
HLT	A	-0.04%
NBIX	C	-0.04%
FOXA	A	-0.04%
IR	B	-0.04%
BAH	F	-0.04%
BIO	C	-0.04%
AMP	A	-0.04%
WM	B	-0.04%
INCY	C	-0.04%
HUBS	A	-0.03%
TTWO	A	-0.03%
SQ	A	-0.03%
FOX	A	-0.03%
DGX	A	-0.03%
EL	F	-0.03%
TECH	F	-0.03%
GILD	C	-0.03%
ALGN	D	-0.03%
SNAP	D	-0.02%
EXAS	D	-0.02%
MTCH	D	-0.02%
LH	B	-0.02%
DOCU	B	-0.02%
ZM	C	-0.02%
COIN	C	-0.02%
IQV	F	-0.02%
TW	A	-0.02%
BAX	F	-0.01%
MRNA	F	-0.01%
SMCI	F	-0.01%
PAYC	B	-0.01%
EPAM	B	-0.01%
MDB	B	-0.01%
MKC	C	-0.01%
TRU	D	-0.01%
CSX	C	-0.01%
BAC	A	-0.01%