IDUB vs. EHLS

Last updated Jun 5, 2026

IDUB (Aptus International Enhanced Yield ETF) and EHLS (Even Herd Long Short ETF) are both Long-Short funds. Both are actively managed. Over the past year, IDUB returned 33.03% vs 24.61% for EHLS. A 0.50 correlation means they provide meaningful diversification when combined. IDUB charges 0.45%/yr vs 1.58%/yr for EHLS.

Performance

IDUB vs. EHLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus International Enhanced Yield ETF (IDUB) and Even Herd Long Short ETF (EHLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with IDUB having a 16.17% return and EHLS slightly lower at 16.04%.

IDUB

• 1D: 0.11%
• 1M: 3.83%
• YTD: 16.17%
• 6M: 18.42%
• 1Y: 33.03%
• 3Y*: 18.17%
• 5Y*: —
• 10Y*: —

EHLS

• 1D: 0.39%
• 1M: 1.27%
• YTD: 16.04%
• 6M: 15.48%
• 1Y: 24.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IDUB vs. EHLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IDUB Aptus International Enhanced Yield ETF	16.17%	27.53%	1.98%
EHLS Even Herd Long Short ETF	16.04%	6.67%	11.57%

Correlation

The correlation between IDUB and EHLS is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (All Time) Calculated using the full available price history since Apr 3, 2024	0.50

The correlation between IDUB and EHLS has been stable across timeframes, ranging from 0.50 to 0.53 - a consistent structural relationship.

IDUB vs. EHLS - Sectors Allocation Comparison

Sectors	IDUB	EHLS
Financial Services	22.5%	15.6%
Industrials	15.9%	13.5%
Technology	15.9%	12.4%
Consumer Cyclical	8.8%	4.5%
Basic Materials	7.9%	8.3%
Healthcare	7.7%	9.6%
Energy	5.4%	13.4%
Consumer Defensive	5.3%	4.3%
Communication Services	4.7%	5.0%
Utilities	3.3%	7.9%
Real Estate	2.6%	5.7%

Return for Risk

IDUB vs. EHLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IDUB

IDUB Risk / Return Rank: 65
IDUB Sharpe Ratio Rank: 66
IDUB Sortino Ratio Rank: 67
IDUB Omega Ratio Rank: 67
IDUB Calmar Ratio Rank: 59
IDUB Martin Ratio Rank: 65

EHLS

EHLS Risk / Return Rank: 43
EHLS Sharpe Ratio Rank: 38
EHLS Sortino Ratio Rank: 34
EHLS Omega Ratio Rank: 37
EHLS Calmar Ratio Rank: 55
EHLS Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDUB vs. EHLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus International Enhanced Yield ETF (IDUB) and Even Herd Long Short ETF (EHLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	IDUB	EHLS	Difference
Sharpe ratio: Return per unit of total volatility	2.15	1.32	+0.83
Sortino ratio: Return per unit of downside risk	3.01	1.77	+1.24
Omega ratio: Gain probability vs. loss probability	1.39	1.24	+0.15
Calmar ratio: Return relative to maximum drawdown	2.90	2.73	+0.17
Martin ratio: Return relative to average drawdown	11.54	8.02	+3.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDUB vs. EHLS - Sharpe Ratio Comparison

The current IDUB Sharpe Ratio is 2.15, which is higher than the EHLS Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of IDUB and EHLS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDUB	EHLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	1.32	+0.83
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.82	-0.37

Drawdowns

IDUB vs. EHLS - Drawdown Comparison

The maximum IDUB drawdown since its inception was -29.20%, which is greater than EHLS's maximum drawdown of -18.96%. Use the drawdown chart below to compare losses from any high point for IDUB and EHLS.

Drawdown Indicators

	IDUB	EHLS	Difference
Max Drawdown Largest peak-to-trough decline	-29.20%	-18.96%	-10.24%
Max Drawdown (1Y) Largest decline over 1 year	-11.46%	-9.06%	-2.40%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	—	—
Current Drawdown Current decline from peak	-0.89%	-1.16%	+0.27%
Average Drawdown Average peak-to-trough decline	-11.16%	-4.43%	-6.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	3.08%	-0.21%

Volatility

IDUB vs. EHLS - Volatility Comparison

Aptus International Enhanced Yield ETF (IDUB) and Even Herd Long Short ETF (EHLS) have volatilities of 5.13% and 5.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDUB	EHLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	5.20%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	12.95%	14.54%	-1.59%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	18.70%	-3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.64%	19.74%	-5.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.64%	19.74%	-5.10%

IDUB vs. EHLS - Expense Ratio Comparison

IDUB has a 0.45% expense ratio, which is lower than EHLS's 1.58% expense ratio.

Dividends

IDUB vs. EHLS - Dividend Comparison

IDUB's dividend yield for the trailing twelve months is around 4.98%, while EHLS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
EHLS Even Herd Long Short ETF	0.00%	0.00%	1.03%	0.00%	0.00%	0.00%
IDUB Aptus International Enhanced Yield ETF	4.98%	4.90%	5.64%	3.71%	2.62%	1.38%

Frequently Asked Questions

Can I hold both IDUB and EHLS in my portfolio?

IDUB and EHLS have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDUB or EHLS?

EHLS has higher volatility (5.20%) compared to IDUB (5.13%). In terms of maximum drawdown, IDUB dropped -29.20% vs EHLS's -18.96%.

Which ETF is better, IDUB or EHLS?

On 1-year performance, IDUB leads with 33.03% vs 24.61% for EHLS. On fees, IDUB is cheaper at 0.45% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDUB or EHLS?

Over the 1-year period, IDUB has performed better with a 33.03% return vs 24.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDUB or EHLS?

IDUB is cheaper with a 0.45% expense ratio, compared with 1.58% for EHLS.

Which ETF pays a higher dividend yield, IDUB or EHLS?

IDUB has the higher dividend yield at 4.98%, compared with 0.00% for EHLS.

What is the main difference between IDUB and EHLS?

They also come from different issuers: Aptus and N/A. Their fees differ too: 0.45% for IDUB and 1.58% for EHLS.

Which has better risk-adjusted returns?

IDUB currently has the higher Sharpe Ratio (2.15 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.