SMRI vs. XVOL ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to Acruence Active Hedge U.S. Equity ETF (XVOL)

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$33.54

Average Daily Volume

5,628

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

$23.87

Average Daily Volume

2,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	XVOL
30 Days	10.48%	9.73%
60 Days	9.99%	10.22%
90 Days	11.21%	11.71%
12 Months	34.42%	36.35%

4 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in XVOL	Overlap
APP	B	4.07%	4.25%	4.07%
NRG	B	1.93%	1.97%	1.93%
VST	B	2.32%	2.7%	2.32%
WSM	B	1.59%	1.45%	1.45%

SMRI Overweight 46 Positions Relative to XVOL

Symbol	Grade	Weight
DAL	C	2.56%
DOCU	A	2.55%
MCK	B	2.34%
EXPE	B	2.33%
SNA	A	2.33%
EPAM	C	2.28%
BKNG	A	2.22%
ZM	B	2.2%
PCAR	B	2.16%
EME	C	2.14%
JBL	B	2.11%
HPE	B	2.1%
GEN	B	2.07%
OC	A	2.07%
CAH	B	2.04%
CVX	A	2.04%
FFIV	B	2.03%
PYPL	B	2.03%
PAYX	C	2.03%
COR	B	2.0%
UTHR	C	2.0%
EG	C	1.97%
EOG	A	1.97%
VLO	C	1.94%
ABNB	C	1.91%
XOM	B	1.91%
BWA	D	1.89%
SLB	C	1.87%
FANG	D	1.84%
NUE	C	1.81%
QCOM	F	1.81%
LKQ	D	1.79%
MPC	D	1.79%
NTAP	C	1.79%
DVN	F	1.78%
NVR	D	1.76%
CI	F	1.71%
LEN	D	1.71%
BLD	D	1.68%
BG	F	1.68%
AMGN	D	1.68%
PHM	D	1.68%
MOH	F	1.64%
MRK	F	1.58%
CNC	D	1.46%
ELV	F	1.43%

SMRI Underweight 45 Positions Relative to XVOL

Symbol	Grade	Weight
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	D	-2.36%
AVGO	D	-2.26%
BBY	D	-2.18%
FICO	B	-2.06%
KKR	A	-2.04%
NTRA	B	-1.99%
MSI	B	-1.9%
WELL	A	-1.77%
CTAS	B	-1.76%
SWX	B	-1.76%
BX	A	-1.76%
T	A	-1.74%
SPG	B	-1.71%
HFWA	B	-1.71%
MMM	D	-1.71%
USFD	A	-1.66%
VTR	C	-1.65%
BMY	B	-1.64%
WMT	A	-1.62%
ORCL	B	-1.6%
O	D	-1.54%
PKG	A	-1.53%
MPLX	A	-1.52%
TW	A	-1.51%
FNF	B	-1.49%
PGR	A	-1.48%
EFX	F	-1.45%
TRV	B	-1.43%
GTY	B	-1.39%
ORI	A	-1.38%
BSX	B	-1.36%
ICE	C	-1.34%
PEG	A	-1.33%
SPGI	C	-1.25%
RKT	F	-1.19%
PLOW	D	-1.17%