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Even Herd Long Short ETF (EHLS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

IssuerN/A
Inception DateApr 1, 2024
CategoryLong-Short
Leveraged1x
Index TrackedNo Index (Active)
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Growth

Expense Ratio

EHLS has a high expense ratio of 1.58%, indicating higher-than-average management fees.


Expense ratio chart for EHLS: current value at 1.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.58%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Even Herd Long Short ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%MayJuneJulyAugustSeptemberOctober
8.33%
16.01%
EHLS (Even Herd Long Short ETF)
Benchmark (^GSPC)

Returns By Period


PeriodReturnBenchmark
Year-To-DateN/A22.85%
1 month4.03%4.16%
6 months8.70%15.77%
1 yearN/A35.40%
5 years (annualized)N/A14.46%
10 years (annualized)N/A12.04%

Monthly Returns

The table below presents the monthly returns of EHLS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.76%6.89%-3.69%-2.76%5.15%1.27%7.53%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Even Herd Long Short ETF (EHLS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


EHLS
Sharpe ratio
No data
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.78, compared to the broader market0.002.004.006.002.78
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.70, compared to the broader market0.005.0010.003.70
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.50, compared to the broader market1.001.502.002.503.001.50
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.45, compared to the broader market0.005.0010.0015.002.45
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 16.98, compared to the broader market0.0020.0040.0060.0080.00100.0016.98

Sharpe Ratio

There is not enough data available to calculate the Sharpe ratio for Even Herd Long Short ETF. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Chart placeholderNot enough data

Dividends

Dividend History


Even Herd Long Short ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%MayJuneJulyAugustSeptemberOctober00
EHLS (Even Herd Long Short ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Even Herd Long Short ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Even Herd Long Short ETF was 12.85%, occurring on Aug 5, 2024. Recovery took 49 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.85%May 29, 202447Aug 5, 202449Oct 14, 202496
-7.47%Apr 8, 202410Apr 19, 202412May 7, 202422
-2.1%Apr 4, 20241Apr 4, 20241Apr 5, 20242
-1.64%May 22, 20242May 23, 20241May 24, 20243
-1.25%May 16, 20241May 16, 20242May 20, 20243

Volatility

Volatility Chart

The current Even Herd Long Short ETF volatility is 2.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctober
2.85%
2.86%
EHLS (Even Herd Long Short ETF)
Benchmark (^GSPC)