XVOL vs. FXO ETF Comparison

Comparison of Acruence Active Hedge U.S. Equity ETF (XVOL) to First Trust Financials AlphaDEX (FXO)

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

$19.66

Average Daily Volume

48,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Financials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$45.34

Average Daily Volume

76,038

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	FXO
30 Days	-4.76%	-3.55%
60 Days	0.41%	1.76%
90 Days	5.00%	5.53%
12 Months	9.26%	31.92%

7 Overlapping Holdings

Symbol	Grade	Weight in XVOL	Weight in FXO	Overlap
AFG	C	1.28%	0.31%	0.31%
HBAN	A	1.38%	1.35%	1.35%
KEY	C	3.61%	0.31%	0.31%
LNC	D	1.86%	0.89%	0.89%
PRU	B	5.28%	0.31%	0.31%
TROW	D	1.13%	1.59%	1.13%
USB	C	1.36%	0.64%	0.64%

XVOL Overweight 44 Positions Relative to FXO

Symbol	Grade	Weight
EPD	B	4.82%
TFC	A	4.8%
LYB	C	2.95%
SRE	A	2.63%
BKNG	D	2.12%
FSLR	A	2.0%
AVGO	D	1.95%
CME	C	1.83%
BLDR	C	1.8%
RCL	A	1.78%
PNW	A	1.66%
NVDA	C	1.66%
OC	A	1.62%
CRWD	D	1.59%
ADBE	F	1.58%
PLTR	C	1.55%
MO	A	1.53%
BX	D	1.52%
OGE	A	1.5%
AMZN	B	1.5%
NVR	D	1.49%
MAA	A	1.45%
WDAY	F	1.44%
NNN	B	1.42%
FDX	B	1.37%
BBY	D	1.35%
DHI	D	1.31%
SQ	D	1.26%
MMM	A	1.25%
PM	A	1.23%
MLM	C	1.21%
PCAR	D	1.21%
HUBB	D	1.21%
SR	A	1.19%
CAH	D	1.19%
IR	B	1.14%
UBER	D	1.11%
WPC	D	1.1%
VZ	C	1.07%
AMAT	D	1.07%
WHR	F	1.06%
BR	C	1.04%
AMD	D	0.9%
SOLV	B	0.21%

XVOL Underweight 94 Positions Relative to FXO

Symbol	Grade	Weight
PGR	A	-1.79%
OZK	A	-1.76%
ACGL	A	-1.76%
APO	C	-1.75%
SLM	A	-1.74%
OWL	A	-1.72%
FCNCA	A	-1.72%
CINF	B	-1.69%
KKR	C	-1.69%
JHG	C	-1.68%
BRK.A	C	-1.68%
AMG	C	-1.67%
UNM	A	-1.67%
WTM	A	-1.66%
RNR	C	-1.62%
EG	D	-1.61%
NU	C	-1.59%
AGO	D	-1.57%
MTG	B	-1.57%
MTB	A	-1.4%
COLB	B	-1.37%
OMF	A	-1.37%
C	A	-1.37%
ALLY	B	-1.36%
L	A	-1.36%
MKL	B	-1.35%
FHN	A	-1.34%
FNB	B	-1.34%
CMA	B	-1.33%
AIG	A	-1.33%
STT	C	-1.33%
BRO	C	-1.31%
AMP	C	-1.29%
RYAN	B	-1.28%
BEN	F	-1.25%
WBS	D	-1.23%
KNSL	F	-1.23%
ARES	B	-1.02%
VIRT	A	-1.02%
LPLA	A	-1.0%
BAC	A	-1.0%
BK	A	-0.99%
FHB	A	-0.99%
BOKF	A	-0.98%
AFL	A	-0.97%
EQH	A	-0.97%
HIG	C	-0.96%
WTFC	C	-0.95%
ZION	A	-0.95%
CFG	A	-0.95%
CB	B	-0.95%
PNFP	D	-0.94%
EWBC	A	-0.94%
SEIC	C	-0.92%
WAL	C	-0.92%
RF	B	-0.91%
PRI	D	-0.85%
WFC	A	-0.73%
GS	A	-0.7%
FITB	A	-0.69%
BPOP	A	-0.69%
MORN	D	-0.68%
PNC	A	-0.68%
RGA	A	-0.68%
ORI	A	-0.68%
TPG	C	-0.68%
NTRS	C	-0.66%
FAF	D	-0.66%
PB	A	-0.66%
AXS	C	-0.66%
WTW	C	-0.66%
JPM	A	-0.66%
SNV	C	-0.63%
UWMC	C	-0.61%
RKT	C	-0.6%
GL	D	-0.45%
CFR	B	-0.34%
CBSH	A	-0.34%
RJF	B	-0.33%
MS	A	-0.33%
SF	A	-0.33%
JEF	B	-0.33%
FNF	C	-0.32%
STWD	D	-0.32%
CBOE	C	-0.32%
TW	B	-0.32%
TRV	C	-0.31%
VOYA	B	-0.31%
AIZ	C	-0.31%
CRBG	B	-0.31%
AJG	C	-0.31%
WRB	D	-0.3%
BLK	D	-0.3%
XP	F	-0.26%