EHLS vs. RZG ETF Comparison

Comparison of Even Herd Long Short ETF (EHLS) to Guggenheim S&P Smallcap 600 Pure Growth ETF (RZG)

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

$21.27

Average Daily Volume

4,594

Number of Holdings ^*

261

* may have additional holdings in another (foreign) market

RZG

Guggenheim S&P Smallcap 600 Pure Growth ETF

RZG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P SmallCap 600 Pure Growth Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P SmallCap 600 companies with strong growth characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.99

Average Daily Volume

5,264

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	EHLS	RZG
30 Days	1.49%	-2.59%
60 Days	2.80%	-3.37%
90 Days	11.41%	0.53%
12 Months		27.22%

23 Overlapping Holdings

Symbol	Grade	Weight in EHLS	Weight in RZG	Overlap
ADMA	B	1.13%	1.08%	1.08%
AMR	F	-0.32%	0.85%	-0.32%
CARS	D	-0.29%	0.65%	-0.29%
CASH	A	0.25%	0.9%	0.25%
CRS	B	1.14%	1.23%	1.14%
CSWI	B	1.86%	1.35%	1.35%
DVAX	A	-0.21%	0.62%	-0.21%
FTDR	B	0.99%	0.65%	0.65%
GRBK	D	1.16%	1.58%	1.16%
HWKN	D	1.32%	1.5%	1.32%
KTB	A	0.26%	0.4%	0.26%
MTRN	D	-0.3%	0.57%	-0.3%
NEO	D	-0.28%	0.25%	-0.28%
OXM	F	-0.31%	0.38%	-0.31%
PARR	F	-0.45%	0.47%	-0.45%
PATK	F	0.64%	1.2%	0.64%
PGNY	F	-0.36%	0.35%	-0.36%
PLAY	C	-0.32%	0.6%	-0.32%
RDNT	D	0.92%	0.72%	0.72%
UFPT	D	0.21%	1.52%	0.21%
URBN	F	-0.29%	0.68%	-0.29%
WRLD	D	-0.44%	0.46%	-0.44%
YELP	F	-0.28%	0.48%	-0.28%

EHLS Overweight 238 Positions Relative to RZG

Symbol	Grade	Weight
BMA	B	2.19%
IRM	B	1.9%
GDS	B	1.78%
SLG	B	1.7%
NVDA	B	1.69%
META	B	1.69%
HWM	B	1.68%
QTWO	A	1.67%
FICO	B	1.54%
SPOT	A	1.53%
MSI	B	1.51%
NRG	B	1.51%
CTAS	B	1.49%
VST	B	1.49%
CEG	B	1.48%
LMB	B	1.47%
PIPR	B	1.47%
IIPR	C	1.46%
USLM	A	1.46%
CVNA	A	1.38%
CBRE	A	1.35%
WELL	A	1.3%
CLBT	A	1.29%
GVA	A	1.29%
CW	B	1.27%
REAX	C	1.27%
SLVM	B	1.27%
SE	B	1.25%
IGIC	A	1.25%
SFM	A	1.2%
TPL	A	1.12%
TPB	A	1.11%
SKT	B	1.1%
THC	C	1.02%
TIGO	C	1.02%
PEG	B	1.0%
BK	B	1.0%
PAM	B	1.0%
RSI	A	1.0%
CNX	B	0.99%
BRO	B	0.99%
YOU	A	0.99%
GLNG	B	0.96%
NPAB	D	0.95%
ANET	B	0.95%
AFL	D	0.93%
CLH	C	0.92%
PNTG	D	0.9%
WAB	B	0.9%
JXN	B	0.9%
ARES	B	0.88%
COKE	D	0.86%
PLTR	B	0.83%
DASH	A	0.83%
PSN	A	0.82%
EDN	A	0.82%
MOD	C	0.82%
OHI	B	0.79%
ZETA	C	0.77%
ISRG	B	0.76%
COOP	D	0.75%
KKR	B	0.74%
BSX	C	0.72%
IESC	A	0.7%
CDNA	D	0.68%
HOOD	B	0.63%
HLNE	A	0.61%
AXS	C	0.6%
AMAL	B	0.55%
ALSN	A	0.53%
FTI	B	0.52%
WMT	A	0.51%
TYL	A	0.51%
NMIH	D	0.5%
AIT	A	0.5%
MMYT	A	0.5%
TEVA	A	0.5%
HRB	D	0.49%
HIG	D	0.49%
BBSI	D	0.49%
SMG	A	0.49%
PGR	D	0.48%
HUBB	B	0.47%
ALHC	A	0.47%
AXP	A	0.47%
RNA	C	0.46%
JD	A	0.45%
BEKE	A	0.44%
ESEA	D	0.41%
OSCR	C	0.41%
EPRT	C	0.4%
FRHC	B	0.28%
GATO	B	0.28%
BBW	A	0.27%
PPTA	B	0.27%
NBN	A	0.26%
MUSA	C	0.26%
VIST	B	0.26%
MLR	A	0.26%
PKG	A	0.26%
TCBX	A	0.25%
LYV	A	0.25%
YPF	A	0.25%
SKYW	A	0.25%
QFIN	B	0.24%
ONON	D	0.23%
EBAY	D	0.21%
NSIT	F	0.19%
CSTM	F	-0.07%
NEP	F	-0.11%
CVI	F	-0.13%
CQP	A	-0.15%
WU	F	-0.18%
FLNG	F	-0.19%
ELF	F	-0.19%
STNG	F	-0.19%
APTV	F	-0.2%
ADNT	F	-0.21%
VSAT	F	-0.21%
ENOV	C	-0.21%
WSC	F	-0.21%
BEN	B	-0.21%
GO	F	-0.22%
VAL	F	-0.22%
AES	F	-0.22%
DOOO	F	-0.23%
DG	F	-0.23%
LEA	F	-0.23%
NUE	F	-0.23%
NTST	F	-0.24%
IGT	F	-0.24%
MTN	F	-0.24%
VC	F	-0.24%
ALV	F	-0.24%
NKE	F	-0.24%
ELV	F	-0.24%
F	D	-0.24%
PD	C	-0.24%
W	F	-0.24%
WOR	F	-0.24%
FIVN	C	-0.24%
TEX	F	-0.24%
DKNG	F	-0.24%
ROG	D	-0.24%
CC	F	-0.24%
CWH	F	-0.24%
BG	F	-0.25%
FIVE	C	-0.25%
COLD	F	-0.25%
CTRA	F	-0.25%
AMRC	C	-0.25%
HTH	D	-0.25%
DLB	B	-0.25%
ATKR	F	-0.25%
GEF	B	-0.25%
AVTR	F	-0.25%
ASH	F	-0.25%
SCL	F	-0.25%
SITE	F	-0.25%
AMN	F	-0.26%
REXR	F	-0.26%
ENPH	F	-0.26%
MRK	F	-0.26%
APLS	F	-0.26%
PCH	F	-0.26%
VTLE	F	-0.26%
AIN	F	-0.26%
APA	F	-0.26%
MTDR	D	-0.26%
ETSY	D	-0.26%
CAR	C	-0.27%
IAC	F	-0.27%
HSY	F	-0.27%
MGM	D	-0.27%
ENTG	D	-0.27%
ZD	F	-0.27%
UPBD	D	-0.27%
NSP	F	-0.27%
MRTN	F	-0.27%
PENN	B	-0.27%
STZ	F	-0.27%
CENTA	D	-0.27%
COHU	B	-0.28%
MUR	F	-0.28%
IPG	F	-0.28%
HXL	F	-0.28%
CENT	D	-0.28%
SON	F	-0.28%
SLB	F	-0.28%
CNI	F	-0.28%
CRL	F	-0.28%
SIGI	C	-0.28%
MCHP	F	-0.28%
ADM	F	-0.28%
LKQ	F	-0.29%
SJW	F	-0.29%
SNAP	B	-0.29%
QLYS	F	-0.29%
HES	B	-0.29%
SNOW	C	-0.29%
FMX	F	-0.29%
ARE	F	-0.29%
DVN	F	-0.29%
OKTA	D	-0.29%
SPT	F	-0.29%
CIVI	F	-0.29%
RPD	C	-0.3%
CVX	A	-0.3%
IRTC	C	-0.3%
KMX	F	-0.3%
ALLY	F	-0.3%
EVTC	D	-0.3%
IEX	A	-0.31%
FIZZ	B	-0.31%
ODP	C	-0.31%
ON	D	-0.31%
OVV	F	-0.31%
DIS	C	-0.31%
HELE	C	-0.31%
PZZA	A	-0.32%
BHF	B	-0.32%
VNT	B	-0.32%
NARI	A	-0.34%
DIOD	F	-0.34%
TENB	D	-0.34%
RYI	C	-0.36%
PINS	C	-0.36%
GTLS	B	-0.37%
EPAM	F	-0.38%
ALGT	B	-0.39%
UPS	C	-0.39%
PRGO	D	-0.44%
CSGP	F	-0.47%
USPH	F	-0.49%
OMI	F	-0.49%
IMCR	F	-0.51%
ALRM	F	-0.57%
LW	B	-0.59%

EHLS Underweight 107 Positions Relative to RZG

Symbol	Grade	Weight
CNK	A	-1.92%
PRG	C	-1.71%
TGTX	A	-1.49%
GPI	C	-1.42%
SPNT	D	-1.38%
POWL	A	-1.3%
GSHD	A	-1.27%
BOOT	D	-1.25%
HCC	A	-1.19%
SHAK	A	-1.18%
CEIX	A	-1.18%
CARG	B	-1.17%
CVCO	A	-1.15%
CALM	B	-1.15%
NOG	F	-1.14%
IBP	F	-1.12%
IDCC	A	-1.08%
VRRM	F	-1.06%
MATX	A	-1.05%
RWT	D	-1.0%
JOE	F	-1.0%
LRN	A	-1.0%
IPAR	D	-0.99%
TBBK	D	-0.97%
MLI	A	-0.97%
HCI	B	-0.97%
MHO	D	-0.94%
GMS	A	-0.93%
ATGE	A	-0.91%
VVI	B	-0.86%
MARA	D	-0.85%
LBRT	F	-0.84%
FBP	D	-0.84%
MTH	D	-0.83%
AZZ	D	-0.82%
AMBC	D	-0.82%
REX	F	-0.81%
PLMR	D	-0.81%
AVAV	B	-0.8%
ARCB	F	-0.8%
ACLS	F	-0.79%
VCEL	D	-0.79%
CPRX	A	-0.78%
LPG	F	-0.75%
CUBI	D	-0.73%
CRVL	D	-0.71%
CRC	B	-0.71%
SHO	D	-0.71%
AMPH	A	-0.69%
COLL	F	-0.69%
OFG	C	-0.69%
BMI	D	-0.68%
HLX	F	-0.66%
OII	D	-0.66%
GKOS	B	-0.66%
WT	B	-0.65%
SIG	C	-0.65%
DRH	D	-0.65%
ATI	F	-0.64%
EFC	D	-0.63%
FSS	F	-0.63%
BCC	D	-0.63%
EXPI	B	-0.63%
ANIP	F	-0.62%
VECO	F	-0.61%
MGY	C	-0.61%
PFBC	B	-0.61%
OTTR	F	-0.61%
ROCK	D	-0.6%
TMDX	F	-0.58%
TDW	F	-0.57%
MOG.A	C	-0.57%
MCRI	A	-0.55%
LQDT	D	-0.55%
SM	F	-0.54%
SPSC	F	-0.54%
ASTH	C	-0.54%
CCOI	B	-0.53%
TFIN	B	-0.5%
TRIP	C	-0.5%
AGYS	D	-0.47%
GES	F	-0.47%
SXI	A	-0.46%
MYRG	B	-0.46%
ITGR	D	-0.46%
RAMP	D	-0.46%
SHOO	D	-0.45%
RES	F	-0.44%
AEO	F	-0.43%
AWI	A	-0.43%
MSGS	A	-0.42%
FELE	D	-0.41%
AROC	D	-0.4%
ARLO	F	-0.4%
DV	F	-0.37%
WDFC	A	-0.36%
APLE	C	-0.36%
TNC	F	-0.35%
OSIS	F	-0.35%
DFIN	F	-0.33%
PRGS	B	-0.33%
ALG	C	-0.32%
XPEL	F	-0.3%
PDFS	F	-0.27%
PRVA	B	-0.24%
JACK	C	-0.18%
CNMD	D	-0.16%