XVOL vs. KBWD ETF Comparison

Comparison of Acruence Active Hedge U.S. Equity ETF (XVOL) to PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD)

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

$19.75

Average Daily Volume

48,550

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBWD

PowerShares KBW High Dividend Yield Financial Portfolio ETF

KBWD Description

The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 publicly listed financial companies that are principally engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$15.29

Average Daily Volume

133,145

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XVOL	KBWD
30 Days	-4.04%	1.61%
60 Days	0.86%	3.70%
90 Days	4.60%	3.19%
12 Months	9.74%	23.26%

3 Overlapping Holdings

Symbol	Grade	Weight in XVOL	Weight in KBWD	Overlap
KEY	B	3.61%	1.43%	1.43%
LNC	D	1.86%	1.6%	1.6%
PRU	D	5.28%	1.18%	1.18%

XVOL Overweight 48 Positions Relative to KBWD

Symbol	Grade	Weight
EPD	B	4.82%
TFC	A	4.8%
LYB	D	2.95%
SRE	A	2.63%
BKNG	D	2.12%
FSLR	B	2.0%
AVGO	D	1.95%
CME	D	1.83%
BLDR	C	1.8%
RCL	A	1.78%
PNW	A	1.66%
NVDA	C	1.66%
OC	A	1.62%
CRWD	C	1.59%
ADBE	D	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%
HBAN	A	1.38%
FDX	B	1.37%
USB	D	1.36%
BBY	F	1.35%
DHI	C	1.31%
AFG	D	1.28%
SQ	D	1.26%
MMM	A	1.25%
PM	A	1.23%
MLM	D	1.21%
PCAR	D	1.21%
HUBB	D	1.21%
SR	A	1.19%
CAH	D	1.19%
IR	B	1.14%
TROW	C	1.13%
UBER	D	1.11%
WPC	B	1.1%
VZ	D	1.07%
AMAT	C	1.07%
WHR	F	1.06%
BR	C	1.04%
AMD	D	0.9%
SOLV	B	0.21%

XVOL Underweight 29 Positions Relative to KBWD

Symbol	Grade	Weight
RILY	B	-5.54%
EFC	B	-3.91%
FSK	B	-3.64%
AGNC	C	-3.51%
TRIN	B	-3.48%
FDUS	A	-3.32%
RC	D	-3.27%
TRTX	A	-3.15%
PNNT	B	-3.13%
GSBD	B	-3.04%
PSEC	F	-2.99%
ACRE	D	-2.97%
DX	B	-2.92%
TCPC	C	-2.9%
ARI	F	-2.87%
TPVG	F	-2.66%
KREF	D	-2.44%
BBDC	A	-2.44%
OMF	A	-2.2%
WASH	B	-2.09%
FIBK	A	-1.77%
WU	D	-1.7%
NWBI	D	-1.58%
JXN	A	-1.56%
APAM	C	-1.48%
EGBN	F	-1.45%
JHG	B	-1.22%
NYCB	F	-0.59%
CSWC	A	-0.06%