XVOL vs. KBE ETF Comparison

Comparison of Acruence Active Hedge U.S. Equity ETF (XVOL) to SPDR S&P Bank ETF (KBE)

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

$21.38

Average Daily Volume

2,241

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.81

Average Daily Volume

1,552,163

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	KBE
30 Days	-2.56%	2.79%
60 Days	0.83%	3.79%
90 Days	-0.89%	11.00%
12 Months	24.96%	43.91%

3 Overlapping Holdings

Symbol	Grade	Weight in XVOL	Weight in KBE	Overlap
RKT	D	1.45%	0.93%	0.93%
TFC	C	3.0%	1.15%	1.15%
WAFD	D	2.56%	0.87%	0.87%

XVOL Overweight 46 Positions Relative to KBE

Symbol	Grade	Weight
VZ	D	3.9%
GFF	F	3.22%
AXS	B	2.86%
NNN	D	2.7%
APP	B	2.68%
CCOI	B	2.64%
VST	B	2.59%
AVGO	C	2.38%
TMP	A	2.34%
THG	C	2.32%
BBY	C	2.26%
PLTR	B	2.21%
KKR	B	1.98%
FICO	B	1.9%
NRG	A	1.9%
WELL	A	1.85%
MSI	B	1.82%
SWX	C	1.82%
T	B	1.79%
VTR	B	1.77%
CTAS	B	1.76%
BX	B	1.75%
O	D	1.72%
NTRA	C	1.72%
SPG	A	1.71%
MMM	D	1.7%
BMY	A	1.67%
USFD	A	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	D	1.52%
GTY	C	1.49%
ICE	C	1.49%
TRV	B	1.45%
PGR	D	1.45%
PEG	C	1.43%
ORI	D	1.38%
BSX	B	1.38%
SPGI	D	1.24%
PLOW	F	1.12%

XVOL Underweight 90 Positions Relative to KBE

Symbol	Grade	Weight
APO	B	-1.41%
WFC	B	-1.38%
EWBC	A	-1.35%
JXN	B	-1.32%
CFR	B	-1.31%
WBS	B	-1.29%
COLB	B	-1.29%
CRBG	B	-1.29%
NTRS	B	-1.28%
MTB	B	-1.28%
GBCI	A	-1.26%
EQH	B	-1.26%
ZION	B	-1.24%
TCBI	B	-1.23%
BK	B	-1.23%
FHN	B	-1.22%
BAC	B	-1.22%
VLY	B	-1.22%
JPM	B	-1.22%
SNV	B	-1.22%
CMA	B	-1.21%
WTFC	B	-1.21%
ASB	A	-1.21%
BANC	B	-1.2%
HBAN	B	-1.2%
RF	B	-1.2%
USB	B	-1.2%
C	B	-1.2%
KEY	B	-1.19%
PNFP	A	-1.19%
VOYA	B	-1.19%
OZK	B	-1.18%
PNC	B	-1.18%
HWC	B	-1.17%
CADE	B	-1.17%
FITB	B	-1.16%
WD	C	-1.16%
CFG	B	-1.16%
BOH	A	-1.15%
AX	B	-1.15%
FCNCA	C	-1.15%
SSB	C	-1.14%
FNB	B	-1.14%
WAL	D	-1.13%
ABCB	C	-1.13%
FIBK	C	-1.13%
PB	B	-1.12%
ONB	B	-1.12%
HOMB	C	-1.12%
UBSI	C	-1.12%
FFIN	D	-1.11%
MTG	D	-1.11%
CBSH	A	-1.11%
UMBF	A	-1.11%
FULT	C	-1.1%
BKU	D	-1.08%
ESNT	F	-1.07%
TBBK	D	-1.07%
RDN	D	-1.07%
NMIH	D	-1.06%
FBP	D	-1.05%
COOP	C	-1.05%
BPOP	F	-1.02%
AUB	D	-1.0%
PFS	C	-0.99%
EBC	C	-0.99%
PFSI	D	-0.98%
BOKF	C	-0.97%
CVBF	B	-0.97%
INDB	B	-0.94%
CATY	B	-0.94%
CBU	A	-0.91%
SFBS	A	-0.88%
FHB	A	-0.87%
IBOC	B	-0.85%
UCB	D	-0.84%
RNST	B	-0.83%
TFIN	B	-0.79%
PPBI	C	-0.79%
IBTX	C	-0.77%
WSFS	D	-0.76%
BANR	B	-0.72%
SBCF	C	-0.72%
SFNC	B	-0.67%
HTH	F	-0.61%
TRMK	B	-0.61%
FFBC	B	-0.57%
FRME	D	-0.52%
LKFN	C	-0.43%
WSBC	B	-0.42%