CLSE vs. BIV ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Vanguard Intermediate-Term Bond ETF (BIV)
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

$23.68

Average Daily Volume

66,024

Number of Holdings *

337

* may have additional holdings in another (foreign) market
BIV

Vanguard Intermediate-Term Bond ETF

BIV Description The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$75.41

Average Daily Volume

1,217,456

Number of Holdings *

484

* may have additional holdings in another (foreign) market
Performance
Period CLSE BIV
30 Days 4.69% -0.77%
60 Days 6.81% -3.28%
90 Days 9.38% -2.32%
12 Months 39.93% 6.35%
107 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in BIV Overlap
AAPL C 0.83% 0.01% 0.01%
ABBV D 0.72% 0.05% 0.05%
AES F -0.08% 0.01% -0.08%
AGO B -0.16% 0.01% -0.16%
AL B -0.18% 0.01% -0.18%
ALL A 0.45% 0.01% 0.01%
AMG B 0.58% 0.02% 0.02%
AMZN C 2.53% 0.02% 0.02%
APD A -0.15% 0.01% -0.15%
APH A 0.67% 0.01% 0.01%
APTV D -0.32% 0.01% -0.32%
ATO A -0.1% 0.01% -0.1%
AVGO D 2.28% 0.01% 0.01%
AVT C 0.66% 0.01% 0.01%
AWK D -0.26% 0.01% -0.26%
BA F -0.4% 0.01% -0.4%
BAC A 0.81% 0.01% 0.01%
BC C -0.08% 0.02% -0.08%
BEN C -0.36% 0.01% -0.36%
BHF B -0.16% 0.01% -0.16%
BKNG A 0.44% 0.01% 0.01%
BLK C 0.65% 0.01% 0.01%
BMY B 1.11% 0.01% 0.01%
C A -0.19% 0.01% -0.19%
CAH B 0.86% 0.03% 0.03%
CHRW C 0.61% 0.02% 0.02%
CHTR C -0.48% 0.02% -0.48%
CINF A 0.12% 0.01% 0.01%
CMA A 0.71% 0.01% 0.01%
CNA B 0.37% 0.01% 0.01%
CNH C -0.18% 0.01% -0.18%
CVS D 0.29% 0.01% 0.01%
DELL C -0.25% 0.01% -0.25%
DG F -0.4% 0.01% -0.4%
DLR B -0.13% 0.02% -0.13%
DLTR F -0.41% 0.03% -0.41%
EL F -0.12% 0.01% -0.12%
EQIX A -0.14% 0.01% -0.14%
EQR B 0.35% 0.01% 0.01%
EW C -0.16% 0.01% -0.16%
EXPE B 0.61% 0.02% 0.02%
EXR D -0.13% 0.01% -0.13%
FITB A 0.78% 0.01% 0.01%
FOXA B 0.14% 0.02% 0.02%
GE D -0.46% 0.02% -0.46%
GILD C 1.07% 0.01% 0.01%
GM B 0.87% 0.01% 0.01%
GOOGL C 3.47% 0.02% 0.02%
HD A 1.13% 0.01% 0.01%
HSY F -0.24% 0.01% -0.24%
HUN F -0.07% 0.01% -0.07%
ILMN D 0.1% 0.01% 0.01%
INTC D -0.93% 0.01% -0.93%
JNJ D 0.83% 0.01% 0.01%
JPM A 0.64% 0.01% 0.01%
KEY B -0.25% 0.01% -0.25%
KR B 0.17% 0.01% 0.01%
KRG B -0.17% 0.01% -0.17%
LDOS C 0.55% 0.02% 0.02%
LRCX F 0.0% 0.02% 0.0%
MDT D 0.29% 0.01% 0.01%
MET A 0.52% 0.02% 0.02%
MKL A -0.14% 0.01% -0.14%
MLM B -0.13% 0.01% -0.13%
MO A 0.79% 0.01% 0.01%
MU D 2.13% 0.02% 0.02%
NDAQ A -0.3% 0.01% -0.3%
NEM D 0.22% 0.02% 0.02%
NSC B -0.1% 0.01% -0.1%
NTAP C 1.0% 0.01% 0.01%
NTRS A 1.08% 0.01% 0.01%
NVDA C 4.61% 0.03% 0.03%
NVR D 0.24% 0.01% 0.01%
ORCL B 1.33% 0.01% 0.01%
OSK B -0.16% 0.01% -0.16%
PG A 0.45% 0.01% 0.01%
PGR A 0.46% 0.02% 0.02%
PNC B 0.72% 0.01% 0.01%
PNW B 0.48% 0.01% 0.01%
PRU A 0.13% 0.01% 0.01%
PSA D -0.23% 0.01% -0.23%
PYPL B 1.33% 0.02% 0.02%
QCOM F 1.73% 0.02% 0.02%
R B 0.38% 0.01% 0.01%
REXR F -0.14% 0.01% -0.14%
RF A 0.72% 0.01% 0.01%
RGA A 0.55% 0.01% 0.01%
RNR C -0.15% 0.01% -0.15%
ROP B -0.7% 0.01% -0.7%
RYN D -0.07% 0.01% -0.07%
SPG B 0.37% 0.01% 0.01%
SRE A -0.2% 0.01% -0.2%
STLD B -0.13% 0.01% -0.13%
SYF B 1.11% 0.02% 0.02%
T A 0.29% 0.01% 0.01%
TMUS B 0.7% 0.04% 0.04%
TSN B 0.6% 0.03% 0.03%
TXN C -0.81% 0.01% -0.81%
UHS D 0.7% 0.02% 0.02%
UNP C 0.47% 0.01% 0.01%
VLO C 0.29% 0.01% 0.01%
VMC B -0.13% 0.01% -0.13%
WFC A 0.75% 0.04% 0.04%
WMT A 1.82% 0.01% 0.01%
WTRG B -0.24% 0.01% -0.24%
XYL D -0.23% 0.01% -0.23%
ZION B 0.71% 0.01% 0.01%
CLSE Overweight 230 Positions Relative to BIV
Symbol Grade Weight
META D 3.3%
APP B 2.25%
HPE B 1.92%
CVNA B 1.85%
ANET C 1.83%
IDCC A 1.51%
GDDY A 1.42%
CVLT B 1.4%
DOCU A 1.37%
ACIW B 1.3%
TSLA B 1.22%
JHG A 1.21%
NTNX A 1.16%
SNEX B 1.06%
PLTR B 1.02%
LNG B 0.97%
SEIC B 0.95%
HALO F 0.9%
AMRX C 0.9%
BFH B 0.88%
COR B 0.86%
PPC C 0.85%
GVA A 0.84%
MLI C 0.84%
CARG C 0.83%
PRIM A 0.8%
NFLX A 0.79%
THC D 0.78%
DVA B 0.78%
IESC B 0.77%
CPNG D 0.77%
EME C 0.75%
CNX A 0.74%
FTI A 0.74%
UTHR C 0.73%
STRL B 0.71%
NRG B 0.71%
CEIX A 0.7%
GEN B 0.68%
VRT B 0.68%
UMBF B 0.66%
ALSN B 0.66%
MTZ B 0.66%
MWA B 0.65%
FFIV B 0.6%
FTDR A 0.58%
VST B 0.55%
GLW B 0.52%
SLVM B 0.5%
GOOG C 0.49%
UI A 0.49%
EXP A 0.48%
CACI D 0.48%
AVA A 0.47%
DUOL A 0.45%
LPX B 0.43%
CTRE D 0.42%
SCCO F 0.41%
RMD C 0.4%
JXN C 0.39%
SR A 0.38%
CF B 0.37%
GRMN B 0.37%
OUT A 0.36%
CCL B 0.35%
CDP C 0.34%
RGLD C 0.32%
CNC D 0.31%
PTON B 0.31%
LAMR D 0.31%
J F 0.31%
MPWR F 0.3%
IIPR D 0.28%
APA D 0.25%
VRTX F 0.23%
MATX C 0.22%
TOL B 0.22%
EEFT B 0.22%
FLR B 0.21%
JLL D 0.2%
MUSA A 0.2%
ABM B 0.19%
BAH F 0.18%
NTRA B 0.17%
BOX B 0.17%
JAZZ B 0.16%
EXPD D 0.14%
FN D 0.13%
VCTR B 0.12%
VCYT B 0.12%
CDE D 0.11%
AEIS B 0.07%
INCY C 0.07%
HQY B 0.07%
QQQ B 0.0%
LNTH D 0.0%
PENN C -0.05%
KNX B -0.06%
HGV B -0.06%
EXAS D -0.07%
COOP B -0.07%
CCS D -0.07%
JOE F -0.08%
FLYW C -0.08%
GNTX C -0.09%
JBLU F -0.09%
MCW B -0.1%
ABG B -0.1%
ACVA B -0.11%
ENPH F -0.11%
CGON F -0.11%
RBA A -0.12%
FL F -0.12%
PCH D -0.12%
AVAV D -0.13%
ALIT C -0.13%
BPOP B -0.14%
PYCR C -0.14%
DAY B -0.14%
ARWR F -0.14%
AA B -0.14%
CZR F -0.15%
COLD D -0.15%
GTLS B -0.15%
CRL C -0.15%
DRVN B -0.15%
NARI C -0.16%
FIVN C -0.16%
XPO B -0.16%
LGIH D -0.16%
DAR C -0.16%
ALB C -0.16%
UHAL D -0.16%
SITE D -0.16%
SW A -0.17%
TEX D -0.17%
TREX C -0.17%
MDGL B -0.17%
LKQ D -0.17%
MASI A -0.17%
AJG B -0.17%
ENOV C -0.18%
CHDN B -0.18%
UEC B -0.18%
EBC B -0.18%
AGCO D -0.18%
COTY F -0.18%
BRKR D -0.18%
WAL B -0.19%
AIR B -0.19%
KNSL B -0.2%
GATX A -0.2%
BIRK D -0.2%
BE B -0.21%
AESI B -0.21%
NOG A -0.21%
WTM A -0.21%
PRCT B -0.22%
BANC A -0.22%
MTN C -0.22%
SAIA B -0.22%
SUM B -0.22%
EQT B -0.23%
ELF C -0.24%
IONS F -0.24%
GPOR B -0.24%
CELH F -0.24%
LW C -0.25%
BILL A -0.26%
NEOG F -0.26%
AUR C -0.26%
VAL D -0.27%
FOUR B -0.27%
STNE F -0.27%
TEAM A -0.27%
MSCI C -0.27%
PTEN C -0.27%
MNST C -0.28%
SOFI A -0.28%
ESTC C -0.29%
MDB C -0.29%
XP F -0.29%
MKTX D -0.29%
CYTK F -0.3%
LYV A -0.3%
APLS D -0.3%
GTLB B -0.32%
VVV F -0.33%
CCOI B -0.33%
LPLA A -0.34%
ZBRA B -0.34%
ABNB C -0.34%
INSP D -0.34%
FCNCA A -0.35%
APO B -0.35%
AFRM B -0.35%
CACC D -0.36%
COHR B -0.36%
BBIO F -0.36%
ZI D -0.36%
ON D -0.39%
SATS D -0.4%
RBLX C -0.41%
PINS D -0.41%
U C -0.41%
RIVN F -0.42%
TTWO A -0.43%
WBD C -0.43%
SNPS B -0.44%
ALGM D -0.45%
DV C -0.45%
CGNX C -0.45%
CDNS B -0.46%
MRNA F -0.47%
SMCI F -0.47%
RH B -0.47%
CFLT B -0.47%
CSCO B -0.52%
FND C -0.53%
BRZE C -0.56%
FIVE F -0.56%
NWS B -0.57%
WST C -0.59%
LITE B -0.6%
POOL C -0.61%
MCHP D -0.63%
DXCM D -0.63%
WDC D -0.65%
LSCC D -0.7%
FSLR F -1.26%
CLSE Underweight 377 Positions Relative to BIV
Symbol Grade Weight
WIT A -0.35%
DT C -0.11%
MSFT F -0.1%
AXP A -0.05%
DD D -0.05%
BIIB F -0.04%
MS A -0.04%
CB C -0.03%
KOF F -0.03%
SLB C -0.03%
RJF A -0.03%
BWA D -0.03%
BMO A -0.03%
ESGR B -0.03%
NOW A -0.03%
BABA D -0.03%
LVS C -0.02%
NI A -0.02%
LMT D -0.02%
MRO B -0.02%
INVH D -0.02%
KLAC D -0.02%
EOG A -0.02%
EBAY D -0.02%
CTAS B -0.02%
BR A -0.02%
ADI D -0.02%
CPB D -0.02%
XRAY F -0.02%
QRVO F -0.02%
MOS F -0.02%
MTB A -0.02%
HST C -0.02%
HPQ B -0.02%
HIG B -0.02%
HAL C -0.02%
EFX F -0.02%
DAL C -0.02%
EA A -0.02%
DXC B -0.02%
DOX D -0.02%
ETN A -0.02%
CNO A -0.02%
ADP B -0.02%
ADM D -0.02%
ARCC A -0.02%
AAP C -0.02%
TEL B -0.02%
SYK C -0.02%
VRSN F -0.02%
ZBH C -0.02%
TRMB B -0.02%
RL B -0.02%
DOC D -0.02%
REGN F -0.02%
ADBE C -0.02%
MCD D -0.02%
GSK F -0.02%
WAB B -0.02%
WY D -0.02%
PH A -0.02%
GD F -0.02%
CRM B -0.02%
DFS B -0.02%
CAG D -0.02%
SYY B -0.02%
MPLX A -0.02%
VTRS A -0.02%
ET A -0.02%
MMC B -0.02%
BSX B -0.02%
NWG C -0.02%
MRK F -0.02%
HCA F -0.02%
CARR D -0.02%
NOC D -0.02%
VOD F -0.02%
MUFG B -0.02%
WTFC A -0.01%
SKT B -0.01%
RS B -0.01%
ROST C -0.01%
PWR A -0.01%
SAVE D -0.01%
GBDC C -0.01%
ALLE D -0.01%
AXS A -0.01%
CHD B -0.01%
CE F -0.01%
CBT C -0.01%
THG A -0.01%
UNM A -0.01%
TME D -0.01%
NOV C -0.01%
OGS A -0.01%
IFF D -0.01%
L A -0.01%
JCI C -0.01%
KMT B -0.01%
KMPR B -0.01%
EPRT B -0.01%
VNO B -0.01%
WU D -0.01%
TKR D -0.01%
WLK D -0.01%
SNA A -0.01%
SF B -0.01%
PSEC D -0.01%
DOV A -0.01%
AFG A -0.01%
WBS A -0.01%
LII A -0.01%
OCSL F -0.01%
MCY A -0.01%
PDM D -0.01%
MP B -0.01%
EMN D -0.01%
FSK A -0.01%
LXP D -0.01%
OPI F -0.01%
BDN C -0.01%
AMH D -0.01%
WEC A -0.01%
WB D -0.01%
VRSK A -0.01%
VNT B -0.01%
WPC D -0.01%
SITC D -0.01%
PKG A -0.01%
RPM A -0.01%
PHM D -0.01%
PFG D -0.01%
SCS C -0.01%
SAFE D -0.01%
PPG F -0.01%
SON D -0.01%
SNX C -0.01%
FMC D -0.01%
FLS B -0.01%
FLO D -0.01%
BBY D -0.01%
BAX D -0.01%
AIZ A -0.01%
CMI A -0.01%
CME A -0.01%
AVB B -0.01%
AGR B -0.01%
AEE A -0.01%
ARW D -0.01%
ADC B -0.01%
ACGL D -0.01%
BKU A -0.01%
AAT B -0.01%
OGE B -0.01%
NVT B -0.01%
MCO B -0.01%
NUE C -0.01%
GPC D -0.01%
GP F -0.01%
HR C -0.01%
HP B -0.01%
INTU C -0.01%
HIW D -0.01%
JD D -0.01%
IEX B -0.01%
GXO B -0.01%
EPR D -0.01%
DHR F -0.01%
DHI D -0.01%
FTNT C -0.01%
FRT B -0.01%
STE F -0.01%
ROK B -0.01%
SBRA C -0.01%
REG B -0.01%
PRE D -0.01%
MAS D -0.01%
NHI D -0.01%
NEU C -0.01%
MHK D -0.01%
LIN D -0.01%
AYI B -0.01%
BRO B -0.01%
BNS A -0.01%
BKH A -0.01%
AAL B -0.01%
BERY B -0.01%
AMCR D -0.01%
CP D -0.01%
UDR B -0.01%
WBA F -0.01%
TD F -0.01%
TSCO D -0.01%
SWX B -0.01%
SWKS F -0.01%
VOYA B -0.01%
KEX C -0.01%
ITW B -0.01%
HUBB B -0.01%
HPP F -0.01%
JNPR F -0.01%
KSS F -0.01%
KRC C -0.01%
EIX B -0.01%
DVN F -0.01%
CTVA C -0.01%
FAF A -0.01%
DRI B -0.01%
DSS F -0.01%
NFG A -0.01%
LLY F -0.01%
OC A -0.01%
LEG F -0.01%
MRVL B -0.01%
KIM A -0.01%
MAA B -0.01%
ORLY B -0.01%
LNT A -0.01%
OMC C -0.01%
LAZ B -0.01%
KEYS A -0.01%
K A -0.01%
HRB D -0.01%
IPG D -0.01%
INGR B -0.01%
HII D -0.01%
HBAN A -0.01%
JBL B -0.01%
EMR A -0.01%
DGX A -0.01%
DE A -0.01%
ED D -0.01%
CUBE D -0.01%
FLEX A -0.01%
DOW F -0.01%
CNP B -0.01%
CMS C -0.01%
AVY D -0.01%
ADSK A -0.01%
CFG B -0.01%
BIDU F -0.01%
UPS C -0.01%
TGT F -0.01%
WELL A -0.01%
TXT D -0.01%
TT A -0.01%
SUI D -0.01%
VFC C -0.01%
TJX A -0.01%
WM A -0.01%
PM B -0.01%
SJM D -0.01%
RPRX D -0.01%
SO D -0.01%
NNN D -0.01%
LNC B -0.01%
LH C -0.01%
LEA D -0.01%
MPC D -0.01%
HUM C -0.01%
GLPI C -0.01%
GL B -0.01%
JEF A -0.01%
HAS D -0.01%
H B -0.01%
KMB D -0.01%
ESS B -0.01%
ES D -0.01%
FNF B -0.01%
CSL C -0.01%
EVRG A -0.01%
ETR B -0.01%
AZO C -0.01%
CLX B -0.01%
BRX A -0.01%
A D -0.01%
BG F -0.01%
CBOE B -0.01%
AN C -0.01%
VTR C -0.01%
SWK D -0.01%
ZTS D -0.01%
PSX C -0.01%
SPGI C -0.01%
AZN D -0.01%
AFL B -0.01%
AER B -0.01%
BK A -0.01%
CCI D -0.01%
AMAT F -0.01%
LEN D -0.01%
MSI B -0.01%
GPN B -0.01%
GIS D -0.01%
ICE C -0.01%
EQNR D -0.01%
FDX B -0.01%
ECL D -0.01%
NKE D -0.01%
PAA B -0.01%
MKC D -0.01%
MA C -0.01%
LYB F -0.01%
MMM D -0.01%
OHI C -0.01%
O D -0.01%
NXPI D -0.01%
HRL D -0.01%
TDY B -0.01%
STT A -0.01%
TMO F -0.01%
WEST C -0.01%
WHR B -0.01%
PLD D -0.01%
RSG A -0.01%
FANG D -0.01%
CSX B -0.01%
BXP D -0.01%
XEL A -0.01%
PEG A -0.01%
SBUX A -0.01%
AEP D -0.01%
AON A -0.01%
EQH B -0.01%
DTE C -0.01%
FIS C -0.01%
CAT B -0.01%
STZ D -0.01%
EPD A -0.01%
DB D -0.01%
COF B -0.01%
OTIS C -0.01%
OKE A -0.01%
LHX C -0.01%
MDLZ F -0.01%
KDP D -0.01%
WMB A -0.01%
V A -0.01%
SHW A -0.01%
PEP F -0.01%
DUK C -0.01%
EXC C -0.01%
AMT D -0.01%
COP C -0.01%
USB A -0.01%
HON B -0.01%
D C -0.01%
CVX A -0.01%
MAR B -0.01%
LUV C -0.01%
CPT B -0.01%
AMGN D -0.01%
TFC A -0.01%
PFE D -0.01%
SCHW B -0.01%
ARE D -0.01%
ABT B -0.01%
HES B -0.01%
KO D -0.01%
DIS B -0.01%
LOW D -0.01%
UNH C -0.01%
AIG B -0.01%
KMI A -0.01%
BDX F -0.01%
NEE D -0.01%
XOM B -0.01%
CI F -0.01%
COST B -0.01%
RTX C -0.01%
IBM C -0.01%
UAL A -0.01%
PCG A -0.01%
GS A -0.01%
HSBC B -0.01%
VZ C -0.01%
CMCSA B -0.01%
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