TOKE vs. EHLS ETF Comparison

Comparison of Cambria Cannabis ETF (TOKE) to Even Herd Long Short ETF (EHLS)

TOKE

Cambria Cannabis ETF

TOKE Description

The investment seeks capital appreciation from investments in the global equity markets that have exposure to the broad cannabis industry. Under normal market conditions, at least 80% of the value of the fund’s net assets (plus borrowings for investment purposes) will be invested in Cannabis Companies. The Advisor generally expects to invest in Cannabis Companies across a broad market capitalization spectrum of micro-, small-, and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$5.50

Average Daily Volume

23,876

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$23.11

Average Daily Volume

2,625

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

Performance

Period	TOKE	EHLS
30 Days	-8.30%	7.44%
60 Days	-6.66%	8.79%
90 Days	-8.67%	12.73%
12 Months	3.58%

1 Overlapping Holdings

	Symbol	Grade	Weight in TOKE	Weight in EHLS	Overlap
	TPB	A	5.38%	1.24%	1.24%

TOKE Overweight 10 Positions Relative to EHLS

Symbol	Grade	Weight
SNDL	F	5.27%
PM	A	5.13%
MO	A	4.4%
HITI	C	4.38%
SAM	C	4.12%
JAZZ	B	3.4%
UVV	B	2.88%
IIPR	F	2.6%
AFCG	D	1.62%
MAPS	B	0.74%

TOKE Underweight 270 Positions Relative to EHLS

Symbol	Grade	Weight
SPOT	A	-2.25%
BMA	B	-2.14%
CSWI	B	-2.03%
QTWO	A	-1.82%
HWM	A	-1.8%
NVDA	A	-1.72%
GDS	C	-1.71%
LMB	A	-1.7%
IRM	C	-1.68%
PIPR	B	-1.67%
META	C	-1.64%
SLG	B	-1.62%
MSI	A	-1.57%
USLM	B	-1.53%
CTAS	B	-1.48%
HWKN	B	-1.46%
GVA	A	-1.41%
IGIC	B	-1.33%
VST	A	-1.31%
SE	A	-1.3%
FICO	A	-1.3%
CVNA	B	-1.29%
CRS	A	-1.27%
CW	B	-1.26%
ADMA	B	-1.26%
WELL	A	-1.25%
PLTR	B	-1.25%
BK	B	-1.24%
CEG	C	-1.21%
SFM	B	-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	A	-1.04%
TRGP	A	-1.03%
TPL	A	-1.02%
HOOD	B	-1.01%
BRO	B	-1.0%
AXP	B	-1.0%
THC	C	-0.98%
CBRE	B	-0.98%
RSI	A	-0.98%
TMUS	B	-0.96%
NPAB	F	-0.92%
EDN	A	-0.92%
WAB	B	-0.89%
ANET	D	-0.88%
JXN	C	-0.87%
GLNG	D	-0.86%
PNTG	D	-0.84%
MOD	B	-0.82%
IESC	B	-0.79%
COOP	B	-0.78%
SKYW	B	-0.76%
CNX	A	-0.76%
ISRG	A	-0.76%
KKR	B	-0.76%
EME	A	-0.75%
BSX	A	-0.71%
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	B	-0.54%
BBSI	A	-0.54%
FTI	A	-0.53%
CNK	A	-0.51%
PKG	A	-0.49%
TWLO	A	-0.49%
VERX	A	-0.49%
CLH	C	-0.48%
PGR	B	-0.48%
FI	A	-0.48%
TYL	B	-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	B	-0.39%
WULF	C	-0.34%
YPF	A	-0.32%
TCBX	A	-0.3%
CEIX	B	-0.3%
FRHC	A	-0.28%
KTB	B	-0.27%
MUSA	B	-0.27%
PPTA	B	-0.27%
CASH	B	-0.27%
EXLS	B	-0.26%
LYV	A	-0.26%
SOFI	A	-0.25%
MLR	C	-0.25%
PEGA	B	-0.25%
SNEX	A	-0.25%
MATX	B	-0.24%
ONON	B	-0.24%
BBW	B	-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	D	--0.15%
AMN	F	--0.16%
VSAT	F	--0.16%
AES	F	--0.17%
PGNY	F	--0.17%
STNG	D	--0.17%
APTV	F	--0.18%
ENPH	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	D	--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%
AVTR	F	--0.22%
DOOO	F	--0.22%
LEA	F	--0.22%
CSGP	C	--0.23%
MRK	F	--0.23%
ROG	D	--0.23%
DLB	B	--0.23%
NTST	D	--0.23%
APA	F	--0.23%
IMCR	C	--0.23%
NKE	F	--0.23%
TEX	D	--0.23%
ELV	F	--0.23%
MCHP	F	--0.23%
OLN	F	--0.23%
NUE	D	--0.23%
SCL	D	--0.24%
OMI	F	--0.24%
ENTG	F	--0.24%
CWT	C	--0.24%
WPC	C	--0.24%
ODP	F	--0.24%
NSP	F	--0.24%
WOR	F	--0.24%
APLS	F	--0.24%
PLD	D	--0.24%
PD	C	--0.24%
ETSY	D	--0.24%
SITE	F	--0.24%
CC	C	--0.24%
ADM	D	--0.25%
HSY	F	--0.25%
JBSS	F	--0.25%
AKAM	F	--0.25%
OTEX	F	--0.25%
FTV	C	--0.25%
PCH	D	--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	F	--0.26%
ARE	F	--0.26%
STZ	D	--0.26%
ALGM	F	--0.26%
IAC	D	--0.26%
CTRA	B	--0.26%
HDB	C	--0.26%
FMX	F	--0.26%
SON	D	--0.26%
CALX	F	--0.27%
DVN	F	--0.27%
COHU	D	--0.27%
HXL	F	--0.27%
ON	F	--0.27%
MTDR	B	--0.27%
SLAB	F	--0.27%
CNI	F	--0.27%
CWH	C	--0.27%
CDW	F	--0.27%
YELP	C	--0.28%
ALB	B	--0.28%
OKTA	D	--0.28%
VTLE	C	--0.28%
MUR	D	--0.28%
VRSN	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	F	--0.29%
LKQ	F	--0.29%
AMRK	D	--0.29%
AIN	C	--0.29%
MOS	D	--0.29%
URBN	D	--0.29%
CENT	C	--0.29%
SLB	C	--0.29%
TMO	D	--0.29%
SIGI	C	--0.29%
RPD	C	--0.29%
CIVI	F	--0.29%
EXC	C	--0.3%
PINS	F	--0.3%
ES	C	--0.3%
EG	C	--0.3%
SNOW	C	--0.3%
WFRD	F	--0.3%
RIO	D	--0.3%
HES	B	--0.3%
AVA	C	--0.3%
AWK	C	--0.3%
PPG	F	--0.3%
EVTC	C	--0.3%
IDXX	F	--0.3%
HELE	C	--0.3%
ACI	C	--0.3%
DIOD	F	--0.3%
KMX	C	--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	D	--0.33%
OVV	B	--0.33%
NARI	C	--0.34%
AMR	C	--0.35%
UPS	C	--0.37%
PRGO	C	--0.44%