CLSE vs. BFOR ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Barron's 400 (BFOR)

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

$21.62

Average Daily Volume

94,522

Number of Holdings ^*

347

* may have additional holdings in another (foreign) market

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$66.13

Average Daily Volume

1,797

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	BFOR
30 Days	3.40%	-1.10%
60 Days	6.19%	0.79%
90 Days	4.34%	-1.31%
12 Months	39.00%	16.63%

80 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in BFOR	Overlap
AAPL	A	0.74%	0.3%	0.3%
ADBE	B	-0.4%	0.24%	-0.4%
AIT	B	0.53%	0.26%	0.26%
AMAT	B	2.38%	0.29%	0.29%
AMR	C	0.41%	0.2%	0.2%
AMZN	A	3.51%	0.27%	0.27%
ANET	A	2.02%	0.31%	0.31%
ANF	B	0.31%	0.37%	0.31%
APH	B	1.52%	0.31%	0.31%
APP	B	1.76%	0.34%	0.34%
AXP	C	0.6%	0.26%	0.26%
BKNG	B	0.29%	0.28%	0.28%
BLD	D	0.29%	0.24%	0.24%
BOKF	C	-0.21%	0.26%	-0.21%
BOOT	B	-0.33%	0.36%	-0.33%
CALM	B	-0.22%	0.26%	-0.22%
CAT	D	0.6%	0.24%	0.24%
CNA	B	0.43%	0.25%	0.25%
DECK	C	0.2%	0.27%	0.2%
DOCS	C	0.23%	0.25%	0.23%
DVA	C	0.5%	0.26%	0.26%
DY	B	0.5%	0.3%	0.3%
EBAY	B	0.15%	0.26%	0.15%
EME	D	0.72%	0.3%	0.3%
EXP	D	0.32%	0.21%	0.21%
FCNCA	C	-0.21%	0.27%	-0.21%
FCX	D	0.45%	0.31%	0.31%
FITB	C	0.6%	0.24%	0.24%
FIVE	F	-0.32%	0.13%	-0.32%
FOUR	B	-0.3%	0.21%	-0.3%
FTDR	D	0.47%	0.28%	0.28%
GDDY	A	1.52%	0.31%	0.31%
GILD	C	0.43%	0.23%	0.23%
GM	B	0.72%	0.29%	0.29%
GOOGL	A	3.02%	0.33%	0.33%
GPOR	C	-0.22%	0.27%	-0.22%
HALO	B	0.89%	0.32%	0.32%
HSY	F	-0.22%	0.23%	-0.22%
IBM	B	1.48%	0.22%	0.22%
IBP	D	0.27%	0.21%	0.21%
IESC	C	0.52%	0.33%	0.33%
INCY	B	0.12%	0.26%	0.12%
J	D	0.24%	0.24%	0.24%
JPM	A	0.66%	0.26%	0.26%
KNSL	F	-0.14%	0.19%	-0.14%
LNTH	B	0.49%	0.33%	0.33%
LOPE	C	0.21%	0.26%	0.21%
LW	F	-0.24%	0.21%	-0.24%
MCHP	C	-0.73%	0.25%	-0.73%
META	B	1.82%	0.26%	0.26%
MGM	C	0.43%	0.25%	0.25%
MLI	C	0.55%	0.27%	0.27%
MPC	C	0.79%	0.24%	0.24%
MSFT	A	3.57%	0.28%	0.28%
NFE	F	-0.2%	0.16%	-0.2%
NFLX	A	0.74%	0.28%	0.28%
NTAP	A	1.94%	0.31%	0.31%
NVDA	B	4.5%	0.37%	0.37%
OC	D	0.62%	0.28%	0.28%
PANW	B	-0.55%	0.28%	-0.55%
PYPL	D	0.77%	0.25%	0.25%
QCOM	B	2.44%	0.29%	0.29%
RGA	B	0.52%	0.28%	0.28%
RNR	D	-0.24%	0.24%	-0.24%
SLVM	C	0.45%	0.27%	0.27%
SM	D	0.55%	0.27%	0.27%
SMCI	C	0.2%	0.19%	0.19%
SNPS	B	-0.59%	0.27%	-0.59%
STLD	C	0.31%	0.24%	0.24%
STRL	C	0.57%	0.27%	0.27%
SYF	A	0.91%	0.26%	0.26%
THC	B	0.69%	0.35%	0.35%
TNK	B	0.38%	0.33%	0.33%
VLO	C	0.66%	0.25%	0.25%
VMC	D	-0.15%	0.23%	-0.15%
VRT	D	0.6%	0.34%	0.34%
VST	C	0.56%	0.38%	0.38%
WFC	C	0.64%	0.25%	0.25%
XOM	C	0.65%	0.27%	0.27%
XYL	D	-0.16%	0.27%	-0.16%

CLSE Overweight 267 Positions Relative to BFOR

Symbol	Grade	Weight
MU	C	2.44%
GOOG	A	2.43%
CRWD	B	1.45%
WMT	A	1.42%
CVNA	B	1.33%
CVLT	A	1.23%
SNX	D	1.09%
T	B	0.92%
CRBG	B	0.89%
MRK	C	0.88%
AMG	C	0.88%
DOCU	C	0.87%
NTNX	C	0.87%
ABBV	B	0.86%
JNJ	F	0.85%
OGN	C	0.84%
MUSA	B	0.8%
COIN	C	0.79%
HD	C	0.77%
SEIC	D	0.77%
MCK	B	0.76%
SPOT	B	0.75%
BAC	A	0.75%
BRBR	C	0.75%
PINS	B	0.74%
MO	A	0.74%
ICLR	B	0.74%
ACIW	A	0.72%
PBF	D	0.72%
PAGS	C	0.71%
PG	C	0.7%
BG	B	0.7%
PPC	A	0.68%
HQY	B	0.67%
HIMS	C	0.66%
PRU	A	0.65%
TSN	C	0.65%
SKYW	B	0.64%
F	B	0.64%
AMRX	C	0.61%
AMGN	B	0.61%
NU	B	0.61%
UMBF	C	0.58%
LLY	A	0.58%
PSTG	B	0.54%
IIPR	B	0.53%
UHS	B	0.52%
SQ	D	0.52%
NEE	D	0.51%
BAH	B	0.51%
GLW	B	0.5%
UNP	D	0.5%
GVA	B	0.49%
NRG	C	0.48%
PNW	C	0.47%
AVA	D	0.47%
ALL	D	0.47%
REZI	D	0.47%
FDX	A	0.47%
NEM	B	0.46%
VTRS	D	0.46%
EEFT	D	0.46%
DPZ	C	0.44%
GFF	C	0.44%
BCO	B	0.43%
EQR	A	0.43%
JHG	A	0.42%
LDOS	B	0.41%
KNF	D	0.41%
BCC	F	0.4%
MRO	B	0.4%
NSA	B	0.4%
STNG	B	0.39%
GRMN	B	0.39%
SPG	B	0.35%
DKNG	F	0.35%
STAG	B	0.34%
ROAD	C	0.34%
KD	B	0.3%
CNC	D	0.26%
ITRI	D	0.25%
KR	C	0.25%
PGR	B	0.25%
HRB	A	0.24%
UBER	B	0.23%
SKT	D	0.22%
SNEX	C	0.22%
VCTR	D	0.21%
NTRA	B	0.2%
MAN	D	0.19%
FG	D	0.14%
APPF	B	0.13%
PFE	C	0.1%
HOOD	B	0.07%
AIG	C	0.04%
IRT	A	-0.04%
DOC	B	-0.05%
VTR	A	-0.06%
JOBY	F	-0.06%
PLNT	B	-0.07%
CHDN	B	-0.07%
JBHT	F	-0.07%
CWST	B	-0.07%
RRC	C	-0.07%
EXAS	F	-0.08%
PNM	D	-0.08%
RYAN	B	-0.08%
AWR	D	-0.08%
AES	D	-0.08%
VAC	F	-0.09%
WHR	C	-0.09%
PENN	C	-0.09%
MCW	F	-0.09%
WTRG	D	-0.09%
LPX	D	-0.09%
WOR	F	-0.1%
PR	C	-0.1%
ZWS	D	-0.1%
PYCR	D	-0.11%
DAY	F	-0.11%
EQIX	C	-0.11%
SUI	C	-0.11%
ALNY	B	-0.11%
EXR	B	-0.11%
ACVA	C	-0.11%
MAC	D	-0.12%
SITC	B	-0.12%
LGIH	F	-0.12%
PCH	F	-0.12%
TXG	F	-0.13%
AGL	D	-0.13%
CRS	B	-0.13%
WTM	C	-0.13%
VFC	D	-0.14%
LUV	C	-0.14%
LHX	B	-0.14%
AAP	F	-0.14%
UHAL	D	-0.14%
NOVT	C	-0.14%
NARI	C	-0.14%
AJG	A	-0.15%
CAR	F	-0.15%
ROK	D	-0.15%
WTW	B	-0.15%
CNXC	C	-0.15%
CLDX	C	-0.16%
CZR	C	-0.16%
SPR	B	-0.16%
IRTC	D	-0.16%
LNC	B	-0.16%
KVUE	F	-0.16%
SHC	C	-0.16%
FOXF	C	-0.16%
ASB	C	-0.16%
GATX	B	-0.16%
FLNC	F	-0.16%
RUN	D	-0.16%
EL	F	-0.17%
BE	F	-0.17%
FMC	F	-0.17%
FL	D	-0.17%
PPBI	C	-0.18%
SBCF	C	-0.18%
MSGS	B	-0.18%
CHK	D	-0.18%
CACC	C	-0.18%
XP	F	-0.18%
ALLY	B	-0.18%
PRCT	C	-0.19%
CG	D	-0.19%
MTN	F	-0.19%
IVZ	C	-0.19%
PGNY	D	-0.2%
IPAR	F	-0.2%
UEC	F	-0.2%
BANC	C	-0.2%
GMED	B	-0.2%
DLTR	D	-0.2%
WAFD	C	-0.2%
KNX	C	-0.2%
GTLS	D	-0.2%
DG	D	-0.2%
ARWR	C	-0.21%
BIO	F	-0.21%
CARR	C	-0.21%
EVR	A	-0.21%
LAD	D	-0.21%
O	D	-0.21%
TSLA	B	-0.21%
MRNA	D	-0.21%
HI	F	-0.21%
GO	D	-0.21%
UCBI	C	-0.21%
CRL	F	-0.21%
GE	D	-0.21%
SUM	D	-0.22%
CNH	F	-0.22%
RBA	B	-0.22%
WAL	B	-0.22%
PEN	F	-0.23%
TGNA	D	-0.23%
EQT	D	-0.23%
APD	D	-0.23%
OKE	A	-0.24%
NOG	C	-0.24%
VSAT	F	-0.24%
ALB	F	-0.24%
D	D	-0.24%
VVV	B	-0.25%
DAR	D	-0.25%
MS	B	-0.25%
INSP	F	-0.25%
CABO	F	-0.26%
SJM	D	-0.26%
HASI	D	-0.27%
GLOB	C	-0.27%
SBUX	F	-0.28%
NEOG	C	-0.28%
MKTX	F	-0.28%
RVMD	D	-0.28%
NDAQ	C	-0.29%
MC	A	-0.29%
RIVN	C	-0.29%
GS	A	-0.29%
BX	B	-0.29%
INST	C	-0.3%
RCM	F	-0.31%
BBIO	F	-0.32%
ASAN	D	-0.32%
CIEN	F	-0.33%
FICO	A	-0.34%
KMX	B	-0.35%
CCOI	D	-0.35%
TECH	D	-0.35%
DIOD	C	-0.36%
FIVN	D	-0.36%
APLS	F	-0.37%
TTWO	B	-0.37%
IAC	F	-0.37%
WBD	F	-0.38%
LBRDK	C	-0.38%
RIOT	D	-0.39%
VSH	F	-0.39%
PARA	D	-0.39%
ZI	F	-0.39%
FND	F	-0.41%
MARA	B	-0.43%
SRE	B	-0.44%
U	F	-0.45%
LYV	C	-0.45%
AEIS	B	-0.45%
DV	D	-0.46%
SATS	B	-0.46%
RH	D	-0.48%
COHR	B	-0.48%
CFLT	C	-0.49%
ZBRA	C	-0.51%
GFS	C	-0.57%
CGNX	B	-0.57%
LITE	B	-0.58%
WOLF	F	-0.63%
SITM	B	-0.63%
BA	C	-0.64%
QQQ	A	-0.68%
KLIC	B	-0.8%
INTC	D	-0.84%
TXN	B	-0.86%

CLSE Underweight 307 Positions Relative to BFOR

Symbol	Grade	Weight
FSLR	C	-0.39%
TPL	B	-0.36%
AGYS	A	-0.34%
CRUS	A	-0.34%
WIRE	A	-0.33%
UFPT	B	-0.33%
UTHR	B	-0.32%
CASY	B	-0.32%
NSSC	A	-0.32%
COKE	B	-0.32%
CORT	B	-0.32%
SLCA	B	-0.32%
AVGO	B	-0.31%
USLM	B	-0.31%
TRGP	A	-0.31%
CMG	C	-0.31%
DKS	C	-0.31%
WSM	D	-0.31%
RCL	B	-0.31%
LMB	B	-0.3%
SMLR	C	-0.3%
PRFT	B	-0.3%
CROX	B	-0.3%
COST	A	-0.3%
MOD	B	-0.3%
HY	C	-0.3%
WWD	C	-0.3%
VRRM	B	-0.3%
BRC	B	-0.29%
CPNG	D	-0.29%
TJX	A	-0.29%
CTAS	B	-0.29%
MSI	A	-0.29%
TXRH	B	-0.29%
LII	B	-0.29%
INSW	B	-0.29%
WES	A	-0.29%
ISRG	B	-0.29%
WMB	B	-0.29%
HIBB	A	-0.29%
BSX	B	-0.29%
PRDO	C	-0.29%
BMI	C	-0.29%
IDCC	A	-0.28%
KKR	B	-0.28%
MCO	A	-0.28%
BKR	B	-0.28%
VLTO	C	-0.28%
LRN	C	-0.28%
CL	B	-0.28%
BURL	B	-0.28%
LPG	D	-0.28%
UAL	D	-0.28%
ACGL	B	-0.28%
PEG	B	-0.28%
MPWR	B	-0.28%
IBKR	A	-0.28%
NTB	B	-0.28%
PODD	C	-0.28%
VRTX	B	-0.28%
NYT	A	-0.28%
BDC	C	-0.27%
AAON	B	-0.27%
DDS	D	-0.27%
MGY	C	-0.27%
HCC	C	-0.27%
CBT	D	-0.27%
FANG	B	-0.27%
BRO	B	-0.27%
AX	C	-0.27%
GRBK	C	-0.27%
BY	A	-0.27%
ECL	B	-0.27%
NBHC	A	-0.27%
ELF	B	-0.27%
FIX	D	-0.27%
AROC	C	-0.27%
WFRD	B	-0.27%
FSS	D	-0.27%
APO	A	-0.27%
ROL	B	-0.27%
CASH	B	-0.27%
CION	A	-0.27%
OSBC	B	-0.26%
GRNT	C	-0.26%
PAYX	D	-0.26%
WSFS	A	-0.26%
CNM	D	-0.26%
EA	B	-0.26%
BSY	D	-0.26%
MTB	B	-0.26%
HESM	A	-0.26%
EPD	A	-0.26%
SYBT	B	-0.26%
CFB	B	-0.26%
GOLF	C	-0.26%
OTTR	C	-0.26%
BBW	D	-0.26%
MPLX	A	-0.26%
LPLA	B	-0.26%
APOG	C	-0.26%
CHX	C	-0.26%
FCN	C	-0.26%
DOV	D	-0.26%
BCSF	A	-0.26%
THR	D	-0.26%
HIG	C	-0.26%
OSIS	C	-0.26%
TSCO	D	-0.26%
AMAL	B	-0.26%
KO	A	-0.26%
FBP	A	-0.26%
UTI	C	-0.25%
QCRH	B	-0.25%
CQP	C	-0.25%
CINF	B	-0.25%
GPK	D	-0.25%
BR	B	-0.25%
PHM	D	-0.25%
SLM	C	-0.25%
PNC	B	-0.25%
STZ	B	-0.25%
MCB	C	-0.25%
WTFC	C	-0.25%
PFBC	C	-0.25%
NOW	B	-0.25%
TROW	B	-0.25%
STBA	B	-0.25%
IRMD	B	-0.25%
PKG	C	-0.25%
POWL	D	-0.25%
L	D	-0.25%
WMS	D	-0.25%
OFG	A	-0.25%
EG	D	-0.25%
DCI	D	-0.25%
CHCO	B	-0.25%
TW	C	-0.25%
CHD	D	-0.25%
ALSN	C	-0.25%
ESGR	A	-0.25%
MEDP	B	-0.25%
PSN	B	-0.25%
CPRT	B	-0.25%
CDNS	B	-0.25%
IBOC	C	-0.25%
PEP	D	-0.25%
RL	C	-0.25%
ADP	D	-0.25%
MBWM	B	-0.25%
ROST	B	-0.25%
PH	C	-0.24%
CSCO	C	-0.24%
HAL	D	-0.24%
HBAN	C	-0.24%
GWW	C	-0.24%
PFC	C	-0.24%
ESAB	D	-0.24%
WRB	B	-0.24%
OXM	D	-0.24%
SYK	C	-0.24%
YELP	F	-0.24%
LBRT	D	-0.24%
JKHY	C	-0.24%
URI	C	-0.24%
AMK	B	-0.24%
EXLS	B	-0.24%
NVR	D	-0.24%
TBBK	B	-0.24%
INTU	B	-0.24%
EFSC	B	-0.24%
FFBC	C	-0.24%
RMD	D	-0.24%
FCF	C	-0.24%
TOL	D	-0.24%
MA	D	-0.24%
RF	B	-0.24%
HOMB	C	-0.24%
SRCE	B	-0.24%
AOS	D	-0.24%
RMR	D	-0.24%
NBIX	C	-0.24%
V	D	-0.24%
HRMY	C	-0.24%
HUBB	D	-0.24%
BKE	D	-0.24%
INGR	D	-0.24%
ONB	B	-0.24%
DMLP	C	-0.24%
SIG	D	-0.23%
KEYS	D	-0.23%
WST	F	-0.23%
A	D	-0.23%
ZTS	C	-0.23%
GPC	D	-0.23%
VC	D	-0.23%
APAM	D	-0.23%
DHI	D	-0.23%
CFR	C	-0.23%
OSK	D	-0.23%
MTDR	C	-0.23%
CPAY	D	-0.23%
TGLS	C	-0.23%
TEX	D	-0.23%
CATY	C	-0.23%
ABNB	C	-0.23%
PEGA	D	-0.23%
AMPH	F	-0.23%
LEN	D	-0.23%
SYY	D	-0.23%
DNOW	D	-0.23%
ADSK	B	-0.23%
PCAR	D	-0.23%
AGM	C	-0.23%
AYI	C	-0.23%
MDLZ	D	-0.23%
G	D	-0.23%
NKE	F	-0.23%
PSX	C	-0.23%
GNTX	C	-0.23%
EWBC	C	-0.23%
MANH	B	-0.23%
CPRX	C	-0.23%
VYGR	F	-0.22%
MSCI	C	-0.22%
CUBI	B	-0.22%
FAST	D	-0.22%
JBI	D	-0.22%
WDFC	D	-0.22%
TFX	C	-0.22%
FFIV	C	-0.22%
RS	D	-0.22%
KAI	B	-0.22%
NVEC	D	-0.22%
GMS	D	-0.22%
FDS	D	-0.22%
TNC	C	-0.22%
CMCSA	F	-0.22%
HP	D	-0.22%
IPG	F	-0.22%
CF	D	-0.22%
OZK	D	-0.22%
DRI	D	-0.22%
RPRX	F	-0.22%
SNA	D	-0.22%
MBIN	C	-0.22%
CTSH	C	-0.22%
TPR	C	-0.22%
IDXX	D	-0.22%
CAL	D	-0.22%
MLM	D	-0.22%
PAX	F	-0.21%
DXCM	D	-0.21%
ZM	F	-0.21%
TNET	F	-0.21%
ON	D	-0.21%
BTU	C	-0.21%
UAA	F	-0.21%
GNE	D	-0.21%
NEU	D	-0.21%
DOX	D	-0.21%
COLL	C	-0.21%
RES	F	-0.21%
LVS	F	-0.21%
ALG	F	-0.21%
MNST	F	-0.21%
HOG	F	-0.21%
PLAB	D	-0.21%
BYD	F	-0.21%
WBS	C	-0.21%
FOR	F	-0.21%
GGG	D	-0.21%
ATKR	F	-0.2%
PCTY	F	-0.2%
TREX	F	-0.2%
ODFL	C	-0.2%
QLYS	D	-0.2%
SAIA	B	-0.2%
CVI	F	-0.2%
GES	F	-0.2%
NUE	D	-0.2%
SSD	F	-0.2%
VEEV	D	-0.2%
IQV	D	-0.2%
FTNT	C	-0.2%
JAKK	D	-0.19%
MOH	F	-0.19%
ASO	F	-0.19%
ACMR	C	-0.19%
PAYC	F	-0.19%
HEES	F	-0.19%
WNC	D	-0.19%
JBL	F	-0.19%
BMY	F	-0.19%
BLDR	F	-0.18%
BRKR	F	-0.18%
ULTA	C	-0.18%
LECO	F	-0.18%
GL	C	-0.17%
ZYXI	D	-0.17%
PARR	D	-0.17%
ARCT	F	-0.17%
BLMN	F	-0.16%
DFH	F	-0.16%
CELH	F	-0.16%
TWI	D	-0.14%
SHLS	F	-0.12%