CBLS vs. TSPA ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to T. Rowe Price U.S. Equity Research ETF (TSPA)

CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.45

Average Daily Volume

6,189

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TSPA

T. Rowe Price U.S. Equity Research ETF

TSPA Description

Blue Safari Group Acquisition Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in fintech, infotech, insurtech, and business services. The company was incorporated in 2021 and is based in Central, Hong Kong.

Grade (RS Rating)

Last Trade

$33.24

Average Daily Volume

50,789

Number of Holdings ^*

318

* may have additional holdings in another (foreign) market

Performance

Period	CBLS	TSPA
30 Days	11.43%	4.94%
60 Days	13.84%	4.14%
90 Days	17.22%	6.20%
12 Months	24.04%	34.16%

25 Overlapping Holdings

Symbol	Grade	Weight in CBLS	Weight in TSPA	Overlap
AAPL	B	2.53%	5.45%	2.53%
APO	B	-1.0%	0.1%	-1.0%
ASML	D	2.69%	0.13%	0.13%
AVGO	A	2.59%	1.3%	1.3%
AVY	B	-1.0%	0.13%	-1.0%
BKNG	B	1.85%	0.28%	0.28%
BX	B	-0.99%	0.06%	-0.99%
CHK	B	1.75%	0.03%	0.03%
DXCM	D	1.99%	0.15%	0.15%
EWBC	B	-1.06%	0.08%	-1.06%
FCX	B	1.8%	0.2%	0.2%
GD	B	1.76%	0.13%	0.13%
IBM	D	-0.99%	0.19%	-0.99%
INTC	F	-0.96%	0.02%	-0.96%
KKR	A	-1.02%	0.07%	-1.02%
LRCX	C	2.23%	0.75%	0.75%
MSFT	B	2.3%	7.21%	2.3%
MTB	B	-1.09%	0.01%	-1.09%
MU	B	2.73%	0.35%	0.35%
NVDA	B	2.73%	5.5%	2.73%
PANW	C	2.11%	0.11%	0.11%
RTX	B	1.81%	0.19%	0.19%
TDG	C	2.41%	0.27%	0.27%
TSLA	D	-0.91%	0.99%	-0.91%
WAL	C	-1.11%	0.04%	-1.11%

CBLS Overweight 45 Positions Relative to TSPA

Symbol	Grade	Weight
SKY	C	2.83%
STRL	A	2.78%
RDFN	C	2.62%
MMYT	A	2.6%
TCOM	A	2.57%
HUMA	C	2.56%
NU	B	2.33%
GTLS	C	2.3%
OSW	B	2.28%
TMDX	B	2.27%
INDI	F	2.26%
BLBD	B	2.21%
SN	B	2.21%
WTTR	B	2.17%
ERJ	A	2.16%
HLX	B	2.16%
ECL	B	2.11%
ICFI	D	2.08%
NARI	D	2.07%
TSM	B	2.03%
DKNG	C	2.01%
IBN	B	1.88%
FTI	B	1.66%
BBY	D	-0.67%
SIG	C	-0.74%
MIDD	F	-0.78%
CTVA	C	-0.8%
CWAN	C	-0.84%
BXP	C	-0.92%
MPW	C	-0.94%
F	D	-0.94%
BC	D	-0.97%
DOOO	D	-0.98%
CHH	F	-1.0%
ONON	B	-1.0%
HOG	D	-1.0%
SOFI	F	-1.03%
CMA	B	-1.08%
ZION	B	-1.1%
PAYX	B	-1.2%
ENR	D	-1.31%
UTHR	B	-1.37%
FIGS	D	-1.38%
LAD	F	-1.41%
BGFV	F	-1.45%

CBLS Underweight 293 Positions Relative to TSPA

Symbol	Grade	Weight
AMZN	C	-3.88%
META	D	-2.5%
GOOG	B	-2.19%
LLY	B	-1.67%
GOOGL	B	-1.56%
BRK.A	C	-1.29%
JPM	A	-1.28%
V	C	-1.19%
XOM	B	-1.1%
UNH	C	-1.09%
HD	D	-0.95%
MA	D	-0.94%
CRM	D	-0.94%
PG	B	-0.85%
NFLX	C	-0.84%
LIN	D	-0.8%
TMUS	C	-0.8%
COST	A	-0.75%
MRK	B	-0.73%
ACN	F	-0.73%
JNJ	D	-0.71%
TMO	B	-0.68%
ABBV	D	-0.66%
QCOM	B	-0.64%
KO	B	-0.62%
ADBE	F	-0.61%
WMT	D	-0.61%
PEP	B	-0.57%
WFC	A	-0.57%
CVX	C	-0.57%
COP	D	-0.55%
CB	B	-0.5%
BA	F	-0.5%
C	A	-0.49%
CMCSA	F	-0.49%
ISRG	B	-0.48%
NEE	A	-0.47%
MCD	D	-0.47%
PM	A	-0.46%
SCHW	A	-0.46%
SNPS	C	-0.44%
UBER	D	-0.43%
KLAC	A	-0.43%
AMD	D	-0.43%
BAC	B	-0.42%
HON	B	-0.41%
AIG	C	-0.41%
ELV	B	-0.41%
AMGN	B	-0.4%
CI	D	-0.4%
SYK	D	-0.39%
HIG	B	-0.38%
AXP	B	-0.38%
GS	A	-0.37%
SPGI	C	-0.37%
APH	A	-0.36%
MPC	D	-0.36%
DIS	D	-0.35%
D	B	-0.35%
CMG	C	-0.35%
ODFL	F	-0.33%
CL	B	-0.32%
INTU	C	-0.32%
PLD	F	-0.31%
FTNT	F	-0.31%
VRTX	B	-0.31%
CMI	B	-0.31%
DHR	A	-0.31%
ADSK	F	-0.31%
PCG	A	-0.31%
GPN	F	-0.3%
LOW	D	-0.3%
ZTS	D	-0.29%
NKE	F	-0.29%
MS	A	-0.28%
SWK	D	-0.28%
MCK	B	-0.27%
CSCO	D	-0.27%
MET	B	-0.27%
HLT	D	-0.26%
MMC	B	-0.26%
SLB	F	-0.26%
ROP	D	-0.25%
EQIX	D	-0.25%
ABT	F	-0.25%
ENTG	D	-0.25%
ZBH	D	-0.25%
CSX	D	-0.25%
ICE	B	-0.25%
DE	C	-0.24%
AMT	D	-0.24%
CDNS	D	-0.24%
EOG	D	-0.23%
EW	C	-0.23%
SHW	D	-0.22%
ROST	D	-0.22%
TEL	A	-0.22%
SO	B	-0.22%
BDX	F	-0.22%
MDLZ	C	-0.22%
REGN	B	-0.22%
NVR	C	-0.21%
RNR	D	-0.21%
WCN	D	-0.21%
FDX	D	-0.21%
FITB	A	-0.2%
ROK	F	-0.2%
DG	D	-0.2%
FE	B	-0.2%
STZ	D	-0.2%
IR	C	-0.2%
KDP	B	-0.2%
AEE	C	-0.19%
WMB	B	-0.19%
ABNB	D	-0.19%
CRBG	B	-0.19%
ORCL	C	-0.19%
TJX	B	-0.19%
TGT	D	-0.19%
RCL	C	-0.18%
NSC	D	-0.18%
ORLY	D	-0.18%
TDY	D	-0.18%
VOYA	B	-0.18%
KVUE	C	-0.18%
CARR	B	-0.18%
BSX	A	-0.18%
PSA	C	-0.17%
WELL	A	-0.17%
MDT	C	-0.17%
CPRT	D	-0.17%
BMY	F	-0.17%
NOC	C	-0.16%
IEX	D	-0.16%
LVS	F	-0.16%
ANET	A	-0.16%
VTRS	D	-0.16%
VMC	B	-0.16%
HAL	F	-0.16%
CNI	D	-0.15%
BK	A	-0.15%
HWM	A	-0.15%
CEG	B	-0.15%
AZO	D	-0.15%
GEV	C	-0.15%
PFE	D	-0.15%
AZN	B	-0.14%
WDC	B	-0.14%
ESS	B	-0.14%
A	A	-0.14%
PSTG	A	-0.14%
TRV	D	-0.14%
LHX	B	-0.14%
REXR	F	-0.14%
MNST	F	-0.14%
PXD	B	-0.14%
NVO	B	-0.13%
SBUX	F	-0.13%
ADI	A	-0.13%
STLD	D	-0.13%
HOLX	D	-0.13%
CNP	B	-0.13%
PNC	A	-0.13%
MAR	D	-0.12%
AMAT	A	-0.12%
HBAN	A	-0.12%
VZ	C	-0.12%
FANG	C	-0.12%
WYNN	D	-0.12%
BURL	D	-0.12%
CME	D	-0.12%
BR	C	-0.12%
APTV	D	-0.12%
BALL	B	-0.12%
CF	F	-0.11%
WFG	C	-0.11%
FICO	B	-0.11%
SAIA	F	-0.11%
ELF	D	-0.11%
RSG	D	-0.11%
EQH	B	-0.11%
THC	A	-0.11%
DPZ	B	-0.1%
TECH	C	-0.1%
BIIB	D	-0.1%
VLO	D	-0.1%
MPWR	B	-0.09%
GM	B	-0.09%
HES	C	-0.09%
DFS	C	-0.09%
ARES	A	-0.09%
ICLR	C	-0.09%
BAX	F	-0.09%
JBHT	F	-0.09%
MSCI	F	-0.09%
DOV	B	-0.09%
MTD	A	-0.09%
CBOE	D	-0.08%
AVB	B	-0.08%
CVS	F	-0.08%
WRK	A	-0.08%
JCI	B	-0.08%
MCO	B	-0.08%
CAT	C	-0.08%
MCHP	B	-0.08%
BLK	C	-0.08%
HII	D	-0.07%
CAH	F	-0.07%
MOH	F	-0.07%
LMT	B	-0.07%
DT	D	-0.07%
RPM	C	-0.07%
SPG	C	-0.07%
KHC	D	-0.07%
TFC	A	-0.07%
MOS	F	-0.07%
TW	B	-0.07%
HUBB	C	-0.07%
HUM	D	-0.06%
HCA	C	-0.06%
CMS	B	-0.06%
CBRE	C	-0.06%
LUV	F	-0.06%
TFX	D	-0.06%
SYY	D	-0.06%
WDAY	F	-0.06%
COF	B	-0.06%
TT	B	-0.06%
NOW	C	-0.06%
LPLA	C	-0.06%
CSGP	D	-0.06%
EQT	C	-0.06%
GILD	F	-0.06%
ZBRA	A	-0.06%
PSX	D	-0.06%
ZS	F	-0.06%
CTAS	B	-0.06%
AMH	B	-0.05%
OTIS	C	-0.05%
UAL	C	-0.05%
NDSN	B	-0.05%
LSCC	F	-0.05%
SUI	F	-0.05%
NCLH	F	-0.05%
EFX	C	-0.05%
MMM	A	-0.05%
TYL	B	-0.04%
TSN	B	-0.04%
BBWI	B	-0.04%
MO	A	-0.04%
SYF	C	-0.04%
EMR	B	-0.04%
RIVN	F	-0.04%
KIM	C	-0.04%
TRU	B	-0.04%
WING	C	-0.04%
WSC	F	-0.03%
MRVL	D	-0.03%
PPL	A	-0.03%
CNC	B	-0.03%
VLTO	A	-0.03%
CUBE	D	-0.03%
CRL	D	-0.02%
NI	A	-0.02%
LULU	F	-0.02%
ON	D	-0.02%
URI	B	-0.02%
IOT	B	-0.02%
TXN	A	-0.02%
EVRG	C	-0.02%
T	B	-0.02%
EA	F	-0.02%
DOCU	C	-0.02%
ESAB	B	-0.02%
WY	F	-0.02%
EXR	C	-0.02%
AVTR	C	-0.02%
CTLT	D	-0.02%
BMRN	F	-0.01%
MKTX	D	-0.01%
MRNA	C	-0.01%
DLTR	F	-0.01%
PEN	F	-0.01%
CHTR	F	-0.01%
IQV	D	-0.01%
CPT	B	-0.01%
RGEN	D	-0.01%
PKG	C	-0.01%
REG	D	-0.01%
SITE	D	-0.0%
PCAR	D	-0.0%
CLX	F	-0.0%
FSLR	C	-0.0%