BWX vs. CLSE ETF Comparison

Comparison of SPDR Bloomberg International Treasury Bond ETF (BWX) to Convergence Long/Short Equity ETF (CLSE)

BWX

SPDR Bloomberg International Treasury Bond ETF

BWX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the fixed-rate local currency sovereign debt of investment grade countries outside the United States. The fund seeks to track the performance of the Barclays Global Treasury Ex-US Capped Index. It invests at least 80% of total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.46

Average Daily Volume

378,715

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CLSE

Convergence Long/Short Equity ETF

CLSE Description

The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$22.02

Average Daily Volume

50,834

Number of Holdings ^*

325

* may have additional holdings in another (foreign) market

Performance

Period	BWX	CLSE
30 Days	2.20%	1.80%
60 Days	7.18%	5.28%
90 Days	10.00%	2.71%
12 Months	12.89%	36.41%

1 Overlapping Holdings

	Symbol	Grade	Weight in BWX	Weight in CLSE	Overlap
	PEN	D	0.0%	-0.31%	-0.31%

BWX Overweight 3 Positions Relative to CLSE

Symbol	Grade	Weight
IDR	C	0.0%
NOK	B	0.0%
COP	F	0.0%

BWX Underweight 324 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	C	-3.93%
META	B	-3.19%
GOOGL	D	-3.05%
AVGO	C	-2.6%
QCOM	D	-2.6%
AMZN	C	-2.44%
AAPL	C	-2.17%
APP	C	-1.96%
WMT	B	-1.95%
NTAP	D	-1.88%
ANET	C	-1.87%
CVNA	B	-1.74%
IBM	B	-1.71%
CVLT	B	-1.64%
HPE	C	-1.63%
GDDY	C	-1.55%
GOOG	D	-1.25%
ORCL	B	-1.23%
DOCU	C	-1.21%
HD	B	-1.18%
ACIW	B	-1.14%
MSFT	C	-1.12%
HALO	D	-1.05%
T	B	-1.03%
ABBV	B	-1.03%
PYPL	B	-1.03%
SNEX	C	-1.03%
AMG	C	-1.02%
JHG	B	-0.99%
NTRS	C	-0.98%
MU	D	-0.97%
JNJ	C	-0.96%
GILD	B	-0.93%
AVT	B	-0.92%
SYF	C	-0.9%
AMRX	C	-0.89%
OGN	D	-0.89%
THC	C	-0.85%
EME	B	-0.84%
DVA	B	-0.84%
IDCC	B	-0.83%
SEIC	B	-0.82%
BAC	D	-0.82%
UHS	C	-0.82%
VLO	F	-0.8%
NTNX	D	-0.8%
MLI	B	-0.77%
MO	C	-0.77%
FTDR	B	-0.76%
MPC	F	-0.74%
UMBF	C	-0.73%
PPC	D	-0.73%
CNC	D	-0.73%
PG	C	-0.72%
BG	F	-0.72%
JXN	B	-0.69%
IIPR	B	-0.68%
GVA	B	-0.65%
STRL	C	-0.65%
CHRW	B	-0.63%
FITB	B	-0.62%
OSCR	D	-0.6%
JPM	D	-0.6%
CAH	C	-0.6%
UNP	D	-0.59%
RF	B	-0.59%
VST	B	-0.59%
XOM	D	-0.59%
PATK	C	-0.58%
TSLA	C	-0.58%
DVN	F	-0.58%
TSN	D	-0.57%
PRIM	B	-0.57%
WFC	D	-0.57%
CFG	D	-0.57%
SLVM	C	-0.56%
ADMA	C	-0.56%
MTZ	C	-0.56%
GM	C	-0.56%
NRG	B	-0.56%
AMGN	D	-0.55%
AVA	B	-0.55%
PNW	C	-0.55%
NEE	B	-0.55%
MET	B	-0.55%
PGR	C	-0.54%
IESC	B	-0.54%
RGA	C	-0.54%
MRK	F	-0.54%
MWA	B	-0.54%
NEM	C	-0.53%
LMT	A	-0.53%
CVX	F	-0.52%
FDX	D	-0.52%
VRT	C	-0.51%
HRB	C	-0.51%
BMY	C	-0.5%
EXPE	C	-0.5%
NSA	C	-0.49%
CNA	D	-0.49%
RTX	B	-0.49%
MUSA	D	-0.47%
LNTH	D	-0.47%
EEFT	F	-0.46%
ACT	C	-0.46%
KLAC	D	-0.46%
MCK	F	-0.45%
REZI	D	-0.44%
LAMR	B	-0.43%
EQR	C	-0.43%
RGLD	C	-0.42%
MRO	D	-0.41%
SCCO	C	-0.4%
LDOS	A	-0.4%
SPG	B	-0.4%
FCX	C	-0.39%
KMB	C	-0.39%
SAIC	C	-0.39%
KNF	C	-0.38%
CTRE	C	-0.36%
J	A	-0.36%
TOL	A	-0.35%
BCO	B	-0.34%
CAT	B	-0.34%
ABM	D	-0.34%
GLW	B	-0.33%
SM	F	-0.33%
ALSN	B	-0.33%
EXP	B	-0.33%
STAG	D	-0.33%
IBP	C	-0.33%
NFLX	B	-0.31%
NVR	B	-0.31%
VTRS	D	-0.31%
JLL	B	-0.3%
CPNG	B	-0.27%
BKNG	B	-0.26%
CCL	C	-0.25%
ANF	D	-0.23%
MHO	B	-0.19%
KR	B	-0.17%
NTRA	C	-0.15%
SPOT	C	-0.13%
ADUS	C	-0.12%
ALNY	C	-0.12%
GRMN	D	-0.09%
QQQ	B	-0.0%
JOBY	F	--0.04%
AEE	B	--0.04%
BC	C	--0.05%
WOR	F	--0.05%
CAR	D	--0.06%
FOXF	F	--0.08%
AES	C	--0.08%
ALIT	D	--0.08%
CZR	C	--0.09%
NXST	D	--0.09%
DRVN	C	--0.1%
VAC	D	--0.1%
HGV	F	--0.1%
AWR	C	--0.1%
MCW	F	--0.1%
WTW	B	--0.1%
HHH	C	--0.11%
ACVA	C	--0.11%
AGL	F	--0.11%
PGNY	F	--0.12%
AAL	D	--0.12%
VAL	F	--0.12%
COLD	D	--0.12%
VSAT	F	--0.12%
VMC	C	--0.12%
CC	D	--0.13%
LAD	B	--0.13%
PPBI	D	--0.14%
RBLX	C	--0.14%
AA	C	--0.14%
VFC	B	--0.14%
SJM	C	--0.15%
EXR	C	--0.15%
PCH	C	--0.15%
MTN	D	--0.15%
DAY	D	--0.15%
PYCR	D	--0.15%
CHDN	D	--0.16%
CLDX	F	--0.16%
CG	C	--0.16%
WY	C	--0.16%
WTRG	D	--0.16%
ILMN	D	--0.16%
AESI	D	--0.16%
KRG	C	--0.16%
CHK	C	--0.16%
CIEN	B	--0.17%
CGON	C	--0.17%
UHAL	B	--0.17%
WAL	B	--0.17%
OKE	C	--0.18%
GTLS	F	--0.18%
VNO	B	--0.18%
AVAV	C	--0.18%
UEC	D	--0.18%
HI	F	--0.18%
BEAM	F	--0.18%
ENOV	F	--0.18%
TXG	D	--0.18%
CNH	C	--0.19%
KNSL	D	--0.19%
BIRK	F	--0.2%
BANC	C	--0.2%
XPO	D	--0.2%
BE	F	--0.2%
APD	B	--0.2%
LKQ	F	--0.2%
WOLF	F	--0.2%
NTLA	F	--0.2%
CINF	C	--0.2%
TFC	D	--0.2%
TTD	B	--0.2%
FCNCA	D	--0.2%
COLB	B	--0.21%
RBA	D	--0.21%
LUV	C	--0.21%
IRTC	F	--0.21%
TMDX	C	--0.21%
AJG	D	--0.21%
AGCO	D	--0.21%
EL	D	--0.21%
SHC	C	--0.22%
SBUX	C	--0.22%
WBA	F	--0.22%
TREX	F	--0.22%
GPOR	C	--0.22%
SOFI	D	--0.22%
CSCO	B	--0.23%
IPAR	D	--0.23%
COTY	D	--0.23%
XYL	C	--0.23%
WTM	F	--0.23%
SW	B	--0.24%
DXCM	F	--0.24%
CNX	B	--0.24%
RNR	B	--0.24%
FLYW	F	--0.24%
AEIS	D	--0.24%
VSH	F	--0.25%
WSC	D	--0.25%
BIO	C	--0.25%
SUM	D	--0.25%
EQT	C	--0.26%
PTEN	F	--0.26%
WAT	B	--0.26%
ALB	D	--0.26%
SITE	D	--0.27%
APLS	F	--0.27%
AL	C	--0.27%
HASI	C	--0.27%
GMED	D	--0.28%
GT	F	--0.28%
HSY	D	--0.28%
VVV	D	--0.28%
GE	C	--0.29%
CELH	F	--0.29%
LW	D	--0.29%
DLTR	F	--0.29%
FDS	C	--0.3%
PSA	C	--0.31%
INSP	D	--0.31%
LVS	C	--0.31%
SRE	B	--0.32%
TOST	C	--0.32%
D	C	--0.32%
NEOG	D	--0.32%
RVMD	C	--0.33%
EVTC	D	--0.33%
MARA	D	--0.33%
MRNA	F	--0.33%
MNST	D	--0.33%
ON	D	--0.34%
FOUR	C	--0.34%
LPLA	D	--0.35%
IAC	C	--0.35%
NDAQ	C	--0.35%
EXAS	D	--0.35%
ZI	D	--0.36%
BBIO	F	--0.36%
FIVN	F	--0.36%
ENPH	D	--0.36%
AFRM	D	--0.36%
MKTX	D	--0.36%
LYV	A	--0.37%
ADBE	F	--0.37%
KLIC	D	--0.37%
BA	F	--0.38%
ZBRA	B	--0.38%
RIOT	F	--0.39%
BRZE	F	--0.4%
RIVN	F	--0.4%
PATH	D	--0.4%
C	C	--0.42%
WBD	D	--0.43%
CCOI	C	--0.44%
CGNX	F	--0.44%
GLOB	D	--0.45%
TTWO	D	--0.46%
SATS	C	--0.46%
MDB	D	--0.47%
FIVE	D	--0.48%
DV	F	--0.49%
BILL	D	--0.49%
MCHP	D	--0.51%
CFLT	F	--0.53%
RH	C	--0.56%
POOL	C	--0.57%
LBRDK	C	--0.58%
SMCI	F	--0.58%
WDC	C	--0.6%
U	D	--0.63%
FND	C	--0.63%
LSCC	D	--0.65%
GFS	F	--0.67%
LITE	B	--0.73%
TXN	B	--0.86%
INTC	D	--0.89%