CLSE vs. CRBN ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to iShares MSCI ACWI Low Carbon Target ETF (CRBN)

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

$21.75

Average Daily Volume

91,873

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

CRBN

iShares MSCI ACWI Low Carbon Target ETF

CRBN Description

The investment seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market. The fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index. It generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to address two dimensions of carbon exposure - carbon emissions and potential carbon emissions from fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$183.86

Average Daily Volume

6,667

Number of Holdings ^*

424

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	CRBN
30 Days	4.67%	1.47%
60 Days	9.68%	9.35%
90 Days	9.46%	3.56%
12 Months	42.56%	20.14%

103 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in CRBN	Overlap
AAPL	B	1.32%	4.32%	1.32%
ABBV	B	0.89%	0.47%	0.47%
ABBV	B	0.89%	0.17%	0.17%
AJG	A	-0.16%	0.03%	-0.16%
ALB	F	-0.26%	0.01%	-0.26%
ALL	D	0.49%	0.03%	0.03%
AMAT	A	2.33%	0.17%	0.17%
AMGN	B	0.78%	0.27%	0.27%
AMZN	C	3.36%	2.33%	2.33%
ANET	A	1.81%	0.14%	0.14%
APP	B	2.02%	0.02%	0.02%
AXP	C	0.61%	0.21%	0.21%
BAC	A	0.77%	0.37%	0.37%
BAH	B	0.48%	0.03%	0.03%
BKNG	A	0.34%	0.2%	0.2%
BX	C	-0.3%	0.11%	-0.3%
CNC	D	0.46%	0.01%	0.01%
COIN	C	1.54%	0.07%	0.07%
CRL	D	-0.28%	0.0%	-0.28%
CRWD	A	1.38%	0.08%	0.08%
CZR	C	-0.15%	0.0%	-0.15%
DAY	F	-0.1%	0.02%	-0.1%
DECK	B	0.24%	0.03%	0.03%
DG	F	-0.16%	0.08%	-0.16%
DLTR	F	-0.2%	0.06%	-0.2%
DOC	B	-0.09%	0.01%	-0.09%
DOCU	D	0.78%	0.01%	0.01%
DVA	B	0.56%	0.03%	0.03%
EBAY	A	0.22%	0.09%	0.09%
EL	F	-0.2%	0.07%	-0.2%
EXC	D	0.14%	0.03%	0.03%
EXR	A	-0.13%	0.05%	-0.13%
FCNCA	D	-0.24%	0.04%	-0.24%
FCX	D	0.44%	0.24%	0.24%
FICO	B	-0.3%	0.04%	-0.3%
FITB	C	0.59%	0.02%	0.02%
FSLR	C	-0.3%	0.06%	-0.3%
GDDY	B	1.37%	0.01%	0.01%
GLPI	C	0.39%	0.02%	0.02%
GOOG	B	2.36%	1.16%	1.16%
GOOGL	B	2.88%	1.45%	1.45%
GRMN	B	0.37%	0.11%	0.11%
GS	B	-0.27%	0.24%	-0.27%
HD	B	0.75%	0.54%	0.54%
HOOD	C	0.75%	0.02%	0.02%
HSY	F	-0.25%	0.05%	-0.25%
IBM	C	1.28%	0.28%	0.28%
INTC	F	-0.9%	0.2%	-0.9%
JNJ	F	0.82%	0.55%	0.55%
JPM	B	0.67%	0.79%	0.67%
KVUE	D	-0.16%	0.1%	-0.16%
LDOS	B	0.48%	0.04%	0.04%
LLY	A	0.88%	0.98%	0.88%
MCHP	B	-0.74%	0.08%	-0.74%
META	B	1.62%	1.5%	1.5%
MGM	D	0.12%	0.02%	0.02%
MKTX	F	-0.27%	0.01%	-0.27%
MO	B	0.76%	0.34%	0.34%
MRK	B	0.8%	0.49%	0.49%
MS	B	-0.27%	0.16%	-0.27%
MSFT	A	3.38%	4.23%	3.38%
MU	B	2.46%	0.21%	0.21%
NEE	C	0.53%	0.17%	0.17%
NEM	B	0.42%	0.07%	0.07%
NFLX	A	0.99%	0.43%	0.43%
NSC	D	-0.11%	0.07%	-0.11%
NTAP	A	1.91%	0.09%	0.09%
NVDA	A	4.9%	4.61%	4.61%
O	D	-0.18%	0.01%	-0.18%
OKE	C	-0.24%	0.19%	-0.24%
PANW	B	-0.61%	0.12%	-0.61%
PFE	C	0.28%	0.23%	0.23%
PG	A	0.71%	0.67%	0.67%
PGR	C	0.27%	0.16%	0.16%
PINS	A	0.36%	0.03%	0.03%
PRU	B	0.66%	0.03%	0.03%
PSTG	B	0.38%	0.04%	0.04%
PYPL	D	0.88%	0.09%	0.09%
QCOM	A	2.6%	0.35%	0.35%
RIVN	C	-0.23%	0.04%	-0.23%
SBUX	D	-0.31%	0.17%	-0.31%
SMCI	C	0.28%	0.07%	0.07%
SNPS	A	-0.59%	0.13%	-0.59%
SPG	B	0.36%	0.1%	0.1%
SQ	F	0.62%	0.04%	0.04%
SRE	B	-0.46%	0.01%	-0.46%
SYF	C	0.93%	0.06%	0.06%
T	B	0.88%	0.24%	0.24%
TFC	C	-0.23%	0.06%	-0.23%
TSLA	C	-0.15%	0.79%	-0.15%
TTWO	C	-0.35%	0.03%	-0.35%
TW	C	0.03%	0.01%	0.01%
TXN	B	-0.61%	0.27%	-0.61%
UBER	B	0.43%	0.2%	0.2%
UNP	D	0.5%	0.23%	0.23%
VMC	C	-0.16%	0.09%	-0.16%
VRT	C	0.76%	0.07%	0.07%
VTRS	F	0.46%	0.04%	0.04%
WBD	F	-0.35%	0.0%	-0.35%
WFC	C	0.66%	0.29%	0.29%
WMT	A	1.26%	0.29%	0.29%
WTW	D	-0.16%	0.05%	-0.16%
XYL	B	-0.16%	0.14%	-0.16%

CLSE Overweight 240 Positions Relative to CRBN

Symbol	Grade	Weight
SNX	A	1.84%
NTNX	C	1.12%
SPOT	B	1.1%
CVNA	B	1.07%
CVLT	A	1.06%
HALO	B	0.9%
CRBG	B	0.88%
AMG	D	0.88%
OGN	C	0.84%
MPC	D	0.81%
ICLR	B	0.77%
BRBR	C	0.76%
MUSA	A	0.76%
EME	B	0.76%
PBF	F	0.74%
MCK	A	0.74%
HIMS	B	0.73%
PAGS	F	0.73%
MRO	C	0.72%
BG	D	0.71%
HQY	B	0.7%
GM	B	0.7%
SM	C	0.7%
SEIC	C	0.7%
THC	B	0.69%
XOM	D	0.69%
VLO	D	0.67%
F	D	0.66%
TSN	D	0.62%
OC	B	0.61%
DOCS	C	0.6%
AMRX	B	0.6%
PPC	C	0.6%
SKYW	B	0.59%
UMBF	C	0.58%
VST	C	0.58%
FTDR	C	0.58%
STRL	B	0.56%
NU	B	0.54%
IIPR	B	0.53%
MLI	D	0.53%
ITRI	B	0.52%
LOPE	C	0.51%
UHS	A	0.51%
ACIW	B	0.5%
KNF	C	0.5%
LNTH	B	0.49%
RGA	B	0.48%
SLVM	B	0.47%
DY	C	0.47%
NRG	B	0.46%
PNW	C	0.46%
CAT	D	0.45%
ROAD	B	0.45%
REZI	D	0.45%
GFF	D	0.44%
BCC	D	0.44%
IESC	C	0.44%
CNA	B	0.43%
BCO	B	0.43%
DPZ	A	0.43%
CNM	C	0.41%
GMS	D	0.41%
POWL	C	0.39%
NSA	A	0.38%
STLD	C	0.36%
EXP	C	0.35%
STAG	C	0.34%
JHG	B	0.33%
BLD	B	0.33%
ANF	B	0.32%
AMR	F	0.32%
WDC	A	0.32%
AVA	D	0.29%
IBP	D	0.28%
KD	C	0.27%
KR	C	0.26%
FDX	D	0.25%
SKT	D	0.22%
NTRA	B	0.21%
BLDR	D	0.2%
MAN	D	0.2%
SAIC	D	0.2%
HRB	A	0.19%
LRN	B	0.19%
GLW	A	0.14%
APPF	C	0.13%
FG	D	0.13%
INCY	B	0.12%
VCTR	D	0.09%
FSS	B	0.09%
NEU	D	0.08%
GVA	B	0.07%
MTG	B	0.03%
MOD	C	0.02%
QQQ	A	0.0%
JOBY	C	-0.06%
RYAN	B	-0.06%
CHDN	B	-0.07%
VTR	A	-0.07%
AWR	D	-0.08%
WOR	F	-0.08%
MCW	C	-0.08%
RRC	D	-0.09%
PENN	C	-0.09%
PNM	D	-0.09%
AES	C	-0.09%
LPX	B	-0.09%
PCH	F	-0.09%
CWST	B	-0.1%
PYCR	F	-0.1%
JBHT	F	-0.1%
COLD	C	-0.1%
CROX	A	-0.1%
LGIH	F	-0.1%
ACVA	C	-0.11%
VAC	F	-0.11%
SUI	D	-0.11%
PR	C	-0.12%
CAR	F	-0.12%
HAYW	D	-0.13%
CRS	C	-0.13%
WTM	C	-0.13%
PLNT	B	-0.13%
FOXF	C	-0.13%
NARI	C	-0.14%
CHK	D	-0.14%
AGL	D	-0.14%
FMC	F	-0.14%
SITC	B	-0.14%
MASI	C	-0.14%
VFC	C	-0.14%
WAFD	D	-0.14%
ATO	C	-0.15%
KNSL	D	-0.15%
UHAL	D	-0.15%
UCBI	D	-0.15%
AAP	D	-0.15%
IRT	A	-0.16%
TXG	F	-0.16%
CNH	D	-0.16%
CNXC	D	-0.16%
MTN	F	-0.17%
IRTC	D	-0.17%
ALLY	B	-0.17%
FLNC	C	-0.17%
NOVT	B	-0.17%
UEC	D	-0.17%
GATX	B	-0.17%
CACC	D	-0.18%
PPBI	F	-0.18%
SBCF	D	-0.18%
BE	C	-0.18%
LNC	B	-0.18%
RUN	C	-0.18%
WAL	C	-0.18%
FL	C	-0.19%
IPAR	F	-0.19%
FNB	D	-0.19%
BANC	D	-0.2%
SHC	D	-0.2%
NFE	F	-0.2%
XP	F	-0.2%
SPR	C	-0.2%
DV	D	-0.21%
GO	F	-0.21%
HI	D	-0.21%
EVR	A	-0.21%
CG	D	-0.21%
ARWR	D	-0.21%
IVZ	D	-0.21%
PRCT	C	-0.21%
RBA	B	-0.21%
VVV	C	-0.21%
GLOB	F	-0.21%
GMED	A	-0.21%
MSGS	C	-0.22%
SJM	C	-0.22%
KNX	F	-0.22%
FIVE	F	-0.22%
INST	B	-0.23%
HASI	B	-0.23%
APD	B	-0.23%
GTLS	D	-0.23%
D	C	-0.24%
LW	C	-0.24%
BIO	D	-0.24%
PEN	F	-0.24%
CARR	A	-0.24%
NOG	D	-0.24%
SUM	D	-0.24%
NTLA	C	-0.24%
LAD	D	-0.24%
GPOR	C	-0.25%
RNR	B	-0.25%
MC	C	-0.26%
EQT	D	-0.26%
RVMD	C	-0.27%
NEOG	B	-0.27%
NXST	D	-0.27%
GE	C	-0.29%
NDAQ	C	-0.29%
VSAT	F	-0.29%
KMX	C	-0.29%
DIOD	C	-0.29%
FOUR	C	-0.3%
TGNA	F	-0.31%
CCOI	F	-0.31%
IAC	F	-0.31%
DAR	F	-0.31%
CGNX	B	-0.32%
RCM	B	-0.32%
INSP	D	-0.32%
LBRDK	F	-0.35%
FIVN	F	-0.35%
APLS	F	-0.35%
ASAN	F	-0.36%
BBIO	C	-0.36%
ZI	F	-0.36%
UI	C	-0.37%
ALGM	D	-0.37%
PARA	F	-0.37%
MARA	B	-0.4%
LYV	C	-0.4%
U	F	-0.42%
RIOT	C	-0.44%
CFLT	D	-0.45%
BOOT	A	-0.45%
FND	B	-0.46%
TECH	C	-0.47%
VSH	D	-0.48%
RH	F	-0.48%
SATS	C	-0.49%
WOLF	D	-0.54%
BA	D	-0.55%
LITE	B	-0.61%
COHR	B	-0.62%
ZBRA	D	-0.63%
GFS	C	-0.64%
KLIC	C	-0.75%

CLSE Underweight 321 Positions Relative to CRBN

Symbol	Grade	Weight
AVGO	B	-1.16%
V	D	-0.65%
NVO	B	-0.65%
UNH	D	-0.61%
BRK.A	C	-0.6%
MA	C	-0.52%
HAL	D	-0.52%
KO	B	-0.46%
MCD	F	-0.4%
PM	B	-0.39%
ORCL	A	-0.36%
CSCO	F	-0.36%
AMD	C	-0.35%
TRGP	A	-0.34%
NVS	B	-0.31%
BKR	D	-0.31%
ADBE	C	-0.31%
CRM	F	-0.3%
AME	C	-0.3%
COST	A	-0.29%
TMO	C	-0.29%
VZ	B	-0.28%
KLAC	A	-0.28%
DHR	B	-0.27%
SLB	F	-0.27%
DIS	C	-0.26%
CMCSA	F	-0.26%
TPL	B	-0.26%
ACN	F	-0.25%
PEP	D	-0.23%
IR	B	-0.23%
CB	B	-0.23%
ISRG	A	-0.22%
C	C	-0.22%
INTU	C	-0.22%
AWK	B	-0.21%
ROP	A	-0.21%
MUFG	C	-0.21%
ADP	C	-0.21%
MMC	A	-0.2%
URI	C	-0.2%
ADI	B	-0.2%
BABA	F	-0.2%
EIX	C	-0.19%
APH	A	-0.19%
WMB	A	-0.18%
ELV	C	-0.18%
FI	C	-0.18%
BSX	B	-0.18%
ECL	A	-0.18%
BMY	F	-0.18%
ETN	C	-0.18%
VRTX	B	-0.17%
LOW	C	-0.17%
CMG	A	-0.17%
FTV	D	-0.17%
SONY	D	-0.17%
CL	A	-0.16%
NOW	C	-0.16%
AXON	C	-0.16%
RS	D	-0.15%
SCHW	D	-0.15%
SMFG	B	-0.15%
PLD	C	-0.15%
IEX	D	-0.15%
DEO	F	-0.15%
NKE	C	-0.15%
REGN	A	-0.15%
AFL	A	-0.15%
SSNC	C	-0.14%
STZ	C	-0.14%
GGG	D	-0.14%
VRSK	A	-0.14%
CTAS	A	-0.14%
AMT	C	-0.14%
GILD	F	-0.14%
PAYX	A	-0.14%
BLK	B	-0.14%
MSI	A	-0.14%
SYK	B	-0.14%
AER	B	-0.14%
NMR	C	-0.13%
CSX	D	-0.13%
CI	D	-0.13%
SPGI	B	-0.13%
LRCX	A	-0.13%
FAST	C	-0.13%
PDD	C	-0.13%
ABNB	D	-0.13%
TMUS	B	-0.13%
NXPI	B	-0.12%
CME	D	-0.12%
OTIS	B	-0.12%
ZTS	C	-0.12%
ES	D	-0.12%
MELI	C	-0.12%
ITW	D	-0.12%
HCA	A	-0.12%
LYG	B	-0.11%
MRVL	B	-0.11%
CPRT	C	-0.11%
TS	D	-0.11%
SHW	C	-0.11%
CDNS	A	-0.11%
MDT	D	-0.11%
CTVA	D	-0.11%
CNI	D	-0.11%
BDX	D	-0.11%
TEL	A	-0.11%
BK	B	-0.1%
MET	C	-0.1%
TJX	A	-0.1%
RPRX	F	-0.1%
WAB	B	-0.1%
MDLZ	D	-0.1%
EQIX	C	-0.1%
HUBB	C	-0.1%
MNST	F	-0.1%
ICE	B	-0.1%
BCS	B	-0.1%
LIN	B	-0.1%
AON	C	-0.09%
PNC	C	-0.09%
EQH	B	-0.09%
MFG	D	-0.09%
PH	D	-0.09%
PSA	B	-0.09%
SCCO	D	-0.09%
FIS	A	-0.08%
LI	F	-0.08%
IQV	D	-0.08%
IDXX	C	-0.08%
LNG	C	-0.08%
ABT	D	-0.08%
EW	C	-0.08%
CCI	D	-0.08%
EFX	B	-0.08%
HLT	A	-0.08%
KKR	B	-0.08%
PCG	B	-0.08%
TRV	D	-0.08%
TTD	A	-0.07%
SHG	C	-0.07%
COF	C	-0.07%
SNA	D	-0.07%
PLTR	B	-0.07%
GEN	B	-0.07%
VICI	D	-0.07%
MPWR	A	-0.07%
APO	A	-0.07%
FFIV	D	-0.07%
CHD	A	-0.07%
BR	C	-0.07%
CHTR	C	-0.07%
TER	A	-0.07%
UPS	F	-0.07%
USB	C	-0.07%
EA	B	-0.07%
VEEV	F	-0.07%
ACGL	B	-0.07%
MAS	C	-0.06%
CHKP	B	-0.06%
J	C	-0.06%
KDP	A	-0.06%
IBN	C	-0.06%
DASH	D	-0.06%
HIG	A	-0.06%
ULTA	F	-0.06%
GPN	F	-0.06%
WELL	A	-0.06%
MCO	A	-0.06%
PTC	D	-0.06%
WTRG	C	-0.06%
ED	D	-0.06%
LVS	F	-0.06%
LULU	F	-0.06%
PEG	B	-0.06%
MAR	C	-0.06%
IT	C	-0.06%
TRMB	C	-0.06%
ZBH	F	-0.06%
KB	B	-0.06%
DXCM	C	-0.06%
CTSH	D	-0.06%
UL	A	-0.06%
COO	C	-0.05%
LH	C	-0.05%
TEVA	B	-0.05%
IRM	A	-0.05%
HUM	C	-0.05%
EMR	C	-0.05%
TRU	D	-0.05%
AIG	D	-0.05%
HST	D	-0.05%
ADSK	B	-0.05%
A	C	-0.05%
TGT	D	-0.05%
DFS	B	-0.05%
DLR	A	-0.05%
NTRS	C	-0.05%
CVS	D	-0.05%
ODFL	D	-0.05%
YUM	C	-0.05%
RCL	B	-0.05%
AKAM	F	-0.05%
ROST	A	-0.05%
DGX	C	-0.05%
WIT	B	-0.04%
FWONK	B	-0.04%
VLTO	A	-0.04%
WST	F	-0.04%
DKNG	C	-0.04%
MSTR	C	-0.04%
STE	D	-0.04%
ROL	A	-0.04%
CHT	A	-0.04%
DE	D	-0.04%
KEYS	D	-0.04%
MTB	C	-0.04%
ROK	F	-0.04%
STT	D	-0.04%
ANSS	C	-0.04%
AMP	A	-0.04%
HDB	B	-0.04%
CSGP	F	-0.04%
FTNT	F	-0.04%
SNOW	F	-0.04%
BIIB	C	-0.04%
CDW	C	-0.04%
MTD	B	-0.04%
SBAC	F	-0.04%
CPAY	D	-0.04%
CEG	B	-0.04%
ENTG	B	-0.03%
UTHR	A	-0.03%
EG	B	-0.03%
ON	C	-0.03%
TEAM	F	-0.03%
DDOG	C	-0.03%
TROW	B	-0.03%
WYNN	D	-0.03%
BIDU	F	-0.03%
Z	B	-0.03%
GWW	C	-0.03%
L	C	-0.03%
XRX	F	-0.03%
SOLV	F	-0.03%
ALGN	F	-0.03%
PAYC	F	-0.03%
EQR	A	-0.03%
WDAY	F	-0.03%
AVB	A	-0.03%
OKTA	D	-0.02%
ILMN	F	-0.02%
NLY	B	-0.02%
GRAB	C	-0.02%
IPG	F	-0.02%
GLBE	F	-0.02%
BRO	A	-0.02%
ETSY	F	-0.02%
PWR	A	-0.02%
TCOM	D	-0.02%
FNF	C	-0.02%
TFX	D	-0.02%
CELH	F	-0.02%
TDG	B	-0.02%
NDSN	D	-0.02%
INVH	A	-0.02%
VRSN	C	-0.02%
CFG	C	-0.02%
AZPN	D	-0.02%
ACM	C	-0.02%
WRB	C	-0.02%
MRNA	C	-0.02%
RMD	B	-0.02%
ALLE	D	-0.02%
OMC	C	-0.02%
SNAP	B	-0.02%
ENPH	C	-0.02%
BXP	C	-0.02%
MKL	B	-0.01%
RBLX	C	-0.01%
ARE	C	-0.01%
EXAS	F	-0.01%
AIZ	D	-0.01%
PODD	B	-0.01%
TOST	C	-0.01%
HTHT	F	-0.01%
SWKS	B	-0.01%
KIM	B	-0.01%
XPEV	F	-0.01%
MNSO	F	-0.01%
TYL	B	-0.01%
TAL	F	-0.01%
NIO	F	-0.01%
ESS	A	-0.01%
SE	A	-0.01%
ERIE	C	-0.01%
PCTY	F	-0.01%
MDB	F	-0.01%
NET	C	-0.01%
ZM	F	-0.01%
GIS	C	-0.01%
MTCH	D	-0.01%
RVTY	C	-0.01%
HUBS	D	-0.01%
AFG	C	-0.01%
LSCC	F	-0.01%
EPAM	F	-0.01%
BBWI	D	-0.01%
WAT	D	-0.01%
TME	B	-0.0%
QFIN	B	-0.0%
POOL	D	-0.0%
BAX	D	-0.0%
RGEN	F	-0.0%
REG	B	-0.0%
ROKU	F	-0.0%
ZTO	C	-0.0%
DRI	C	-0.0%
CTLT	C	-0.0%