FMCX vs. XVOL ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to Acruence Active Hedge U.S. Equity ETF (XVOL)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.70

Average Daily Volume

104

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$21.55

Average Daily Volume

2,284

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	XVOL
30 Days	-0.82%	-1.19%
60 Days	2.18%	0.19%
90 Days	8.17%	1.96%
12 Months	32.46%	27.55%

2 Overlapping Holdings

	Symbol	Grade	Weight in FMCX	Weight in XVOL	Overlap
	KKR	B	6.14%	1.98%	1.98%
	SPGI	D	0.37%	1.24%	0.37%

FMCX Overweight 50 Positions Relative to XVOL

Symbol	Grade	Weight
AAPL	C	6.93%
UNH	C	6.84%
IAC	F	5.35%
AMZN	A	5.01%
GDDY	A	4.98%
MSFT	D	4.79%
LBRDK	A	4.24%
LSXMK	D	4.22%
GGG	D	3.98%
PYPL	B	3.9%
MTCH	C	3.18%
LSXMA	D	1.79%
GOOGL	A	1.77%
LBRDA	A	1.74%
PG	D	1.3%
PM	A	1.21%
YUM	D	1.18%
CMCSA	A	1.13%
MCD	C	1.12%
AMGN	C	1.11%
KEYS	C	1.06%
VUSB	A	0.92%
ICSH	A	0.92%
GILD	A	0.87%
CL	F	0.85%
MO	A	0.84%
ENTG	D	0.82%
ARWR	F	0.72%
NKE	F	0.68%
HON	B	0.6%
DHR	D	0.55%
GOOG	A	0.5%
BAX	F	0.47%
YUMC	A	0.42%
MUSA	C	0.4%
MTX	C	0.33%
KEX	D	0.33%
EQR	D	0.3%
JPM	A	0.3%
MUR	F	0.25%
V	A	0.21%
FWONK	A	0.21%
BKNG	A	0.19%
FLWS	B	0.15%
GD	C	0.13%
BATRK	C	0.11%
PNR	B	0.1%
FWONA	A	0.05%
VMEO	C	0.03%
BATRA	D	0.02%

FMCX Underweight 47 Positions Relative to XVOL

Symbol	Grade	Weight
VZ	D	-3.9%
GFF	F	-3.22%
TFC	C	-3.0%
AXS	C	-2.86%
NNN	D	-2.7%
APP	B	-2.68%
CCOI	B	-2.64%
VST	B	-2.59%
WAFD	D	-2.56%
AVGO	B	-2.38%
TMP	A	-2.34%
THG	B	-2.32%
BBY	D	-2.26%
PLTR	B	-2.21%
FICO	B	-1.9%
NRG	B	-1.9%
WELL	A	-1.85%
MSI	B	-1.82%
SWX	C	-1.82%
T	A	-1.79%
VTR	B	-1.77%
CTAS	B	-1.76%
BX	B	-1.75%
O	D	-1.72%
NTRA	B	-1.72%
SPG	C	-1.71%
MMM	D	-1.7%
BMY	A	-1.67%
USFD	B	-1.63%
WMT	A	-1.63%
HFWA	A	-1.58%
TW	B	-1.58%
ORCL	B	-1.55%
FNF	C	-1.55%
EFX	D	-1.53%
PKG	A	-1.53%
MPLX	A	-1.53%
WSM	F	-1.52%
GTY	C	-1.49%
ICE	C	-1.49%
TRV	B	-1.45%
RKT	D	-1.45%
PGR	D	-1.45%
PEG	B	-1.43%
ORI	D	-1.38%
BSX	C	-1.38%
PLOW	F	-1.12%