Even Herd Long Short ETF (EHLS)

Overview

The Even Herd Long Short ETF (HERD) is an actively managed ETF that seeks capital appreciation by employing a long/short equity strategy, primarily focusing on U.S. equities. It aims to outperform the market by identifying and capitalizing on herd-like behavior, taking long positions in stocks with strong positive sentiment and short positions in stocks with negative sentiment.

Reputation and Reliability

While specific details about the issuer's reputation and reliability require further research, it's important to consider their history of managing similar strategies and regulatory compliance.

Management Expertise

The management team's expertise in quantitative analysis, behavioral finance, and long/short equity strategies is critical to the ETF's success.

Goal

The primary investment goal of HERD is to achieve capital appreciation by generating positive returns regardless of market conditions, using a long/short equity strategy.

Investment Approach and Strategy

Strategy: HERD uses an active, quantitative long/short equity strategy based on identifying and exploiting herd behavior in the market.

Composition HERD's portfolio typically comprises a mix of long and short positions in U.S. equities, with varying degrees of net exposure to the market.

Market Share: Specific market share data for HERD requires real-time financial data and analysis from a financial data provider.

Total Net Assets (AUM): Specific total net assets data for HERD requires real-time financial data and analysis from a financial data provider.

Key Competitors

• QMN (Simplify US Equity PLUS Convexity ETF)
• LGLV (SPDR MSCI USA StrategicFactors ETF)
• FTLS (Franklin U.S. Low Volatility High Dividend ETF)

Competitive Landscape

The ETF industry is competitive, with many long/short equity funds vying for investor capital. HERD's advantage lies in its specific focus on herd behavior. A disadvantage can be higher expense ratios typical for active funds, impacting returns compared to passive index funds. The ETF's unique strategy and potential diversification benefit from short positions set it apart.

Historical Performance: Requires specific real-time financial data and analysis from a financial data provider.

Benchmark Comparison: Requires specific real-time financial data and analysis from a financial data provider to compare with relevant benchmarks like the S&P 500 or a long/short equity index.

Expense Ratio: Requires specific real-time financial data and analysis from a financial data provider.

Average Trading Volume

HERD's liquidity, reflected in its average trading volume, is a key indicator of how easily investors can buy and sell shares.

Bid-Ask Spread

The bid-ask spread for HERD reflects the cost of trading; a narrower spread indicates higher liquidity and lower transaction costs.

Market Environment Factors

Economic indicators, investor sentiment, market volatility, and sector-specific trends influence HERD's performance. Changes in these factors can drive shifts in herd behavior and impact both long and short positions.

Growth Trajectory

Requires specific real-time financial data and analysis from a financial data provider to assess HERD's growth trends, including changes in AUM, holdings, and strategy.

Competitive Edge

HERD's competitive advantage lies in its unique, actively managed strategy that exploits herd behavior. The ETF uses a quantitative approach to identify and capitalize on market inefficiencies caused by collective investor actions. This distinct strategy differentiates it from traditional long-only or passively managed ETFs. It potentially offers uncorrelated returns, especially during periods of market stress or heightened volatility.

Volatility

HERD's volatility is expected to be lower than broader market indices as a result of hedging via short positions but is subject to volatility associated with security selection.

Market Risk

HERD faces market risks associated with its underlying assets, including the risk of incorrect stock selection, market downturns, and the potential for losses on short positions.

Ideal Investor Profile

The ideal investor for HERD is one seeking capital appreciation and diversification, with a tolerance for moderate risk and an understanding of long/short equity strategies.

Market Risk

HERD is best suited for investors with a medium to long-term investment horizon and an interest in alternative investment strategies that aim to generate returns regardless of market direction.

The Even Herd Long Short ETF (HERD) is an actively managed fund seeking to generate capital appreciation through a long/short equity strategy that exploits herd-like behavior in the U.S. equity market. HERD's returns are dependent on the management team's ability to identify and execute trades based on its quantitative approach. Investors should be aware of the risks associated with active management and short selling. HERD is suitable for investors seeking a diversified investment strategy with the potential for uncorrelated returns but requires due diligence and alignment with investment goals.

Data Sources:

• ETF.com
• Morningstar
• Company Fact Sheet
• Financial News Providers

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market data and ETF information can fluctuate, so always verify information before making investment decisions.