CLSE vs. DWAS ETF Comparison
Comparison of Convergence Long/Short Equity ETF (CLSE) to PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)
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
$20.36
Average Daily Volume
38,934
Number of Holdings
*
349
* may have additional holdings in another (foreign) market
DWAS
PowerShares DWA SmallCap Technical Leaders Portfolio
DWAS Description
The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.Grade (RS Rating)
Last Trade
$87.06
Average Daily Volume
55,684
Number of Holdings
*
182
* may have additional holdings in another (foreign) market
Performance
| Period | CLSE | DWAS |
|---|---|---|
| 30 Days | -1.74% | -1.99% |
| 60 Days | 3.82% | -3.60% |
| 90 Days | 12.24% | 3.12% |
| 12 Months | 39.06% | 24.94% |
23 Overlapping Holdings
| Symbol | Grade | Weight in CLSE | Weight in DWAS | Overlap | |
|---|---|---|---|---|---|
| ACVA | D | -0.1% | 0.36% | -0.1% | |
| AGO | D | 0.58% | 0.34% | 0.34% | |
| ANF | C | 0.22% | 1.07% | 0.22% | |
| APPF | C | 0.95% | 0.4% | 0.4% | |
| ATI | B | -0.09% | 0.61% | -0.09% | |
| AVAV | B | -0.14% | 0.43% | -0.14% | |
| BCC | D | 0.56% | 0.52% | 0.52% | |
| EVH | F | -0.25% | 0.41% | -0.25% | |
| GFF | C | 0.69% | 0.39% | 0.39% | |
| GMS | C | 0.55% | 0.54% | 0.54% | |
| GPOR | C | -0.16% | 0.37% | -0.16% | |
| IBP | C | 0.34% | 0.39% | 0.34% | |
| IESC | B | 0.61% | 0.53% | 0.53% | |
| LPX | D | -0.12% | 0.36% | -0.12% | |
| MLI | B | 0.63% | 0.42% | 0.42% | |
| MOD | B | 0.11% | 1.65% | 0.11% | |
| RYAN | D | -0.09% | 0.36% | -0.09% | |
| SKT | D | 0.14% | 0.41% | 0.14% | |
| SKYW | A | 0.57% | 0.46% | 0.46% | |
| SLVM | A | 0.39% | 0.42% | 0.39% | |
| STRL | D | 0.53% | 1.32% | 0.53% | |
| SUM | D | 0.12% | 0.36% | 0.12% | |
| VCTR | A | 0.09% | 0.52% | 0.09% |
CLSE Overweight 326 Positions Relative to DWAS
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | 3.46% | |
| MSFT | C | 3.3% | |
| AMZN | A | 3.15% | |
| GOOGL | A | 2.56% | |
| GOOG | A | 2.36% | |
| QCOM | A | 2.29% | |
| META | D | 2.17% | |
| AMAT | C | 2.09% | |
| MU | B | 2.01% | |
| APP | B | 1.95% | |
| NTAP | C | 1.74% | |
| ANET | D | 1.65% | |
| NTNX | C | 1.6% | |
| SNX | A | 1.49% | |
| WMT | C | 1.34% | |
| CRWD | D | 1.32% | |
| IBM | D | 1.29% | |
| PYPL | B | 1.27% | |
| DOCU | B | 1.11% | |
| HD | D | 1.08% | |
| NFLX | D | 1.0% | |
| MUSA | D | 0.99% | |
| EBAY | C | 0.95% | |
| AMG | C | 0.95% | |
| PAGS | D | 0.94% | |
| MRK | B | 0.93% | |
| T | C | 0.93% | |
| AAPL | C | 0.91% | |
| SPOT | B | 0.91% | |
| SYF | A | 0.91% | |
| STNE | C | 0.91% | |
| JPM | B | 0.9% | |
| PFE | D | 0.9% | |
| JNJ | F | 0.89% | |
| AMGN | A | 0.89% | |
| SEIC | C | 0.88% | |
| COIN | D | 0.87% | |
| VTRS | D | 0.87% | |
| LLY | D | 0.86% | |
| MTG | C | 0.86% | |
| ABBV | D | 0.86% | |
| MPC | D | 0.85% | |
| PBF | C | 0.85% | |
| UBER | D | 0.83% | |
| TW | B | 0.83% | |
| HALO | D | 0.81% | |
| OGN | B | 0.8% | |
| BAC | B | 0.77% | |
| IIPR | A | 0.77% | |
| BRBR | C | 0.76% | |
| MO | A | 0.76% | |
| PLTR | D | 0.75% | |
| VLO | C | 0.75% | |
| TSN | A | 0.75% | |
| PPC | A | 0.74% | |
| SMCI | D | 0.74% | |
| XOM | B | 0.74% | |
| PG | A | 0.74% | |
| FITB | A | 0.73% | |
| WFC | B | 0.72% | |
| CI | C | 0.72% | |
| EME | A | 0.71% | |
| BG | C | 0.71% | |
| F | C | 0.69% | |
| MCK | C | 0.69% | |
| PSX | D | 0.68% | |
| VRT | A | 0.67% | |
| BLDR | C | 0.65% | |
| PEGA | D | 0.63% | |
| UMBF | B | 0.62% | |
| KNF | B | 0.62% | |
| CNC | C | 0.6% | |
| VST | A | 0.58% | |
| OMI | F | 0.58% | |
| OC | A | 0.58% | |
| THC | A | 0.57% | |
| GM | B | 0.57% | |
| AMR | D | 0.56% | |
| LOPE | C | 0.55% | |
| ITRI | A | 0.54% | |
| PGR | B | 0.54% | |
| NU | C | 0.53% | |
| AYI | C | 0.53% | |
| HQY | D | 0.53% | |
| CAT | D | 0.52% | |
| CAH | F | 0.52% | |
| DVA | B | 0.52% | |
| FTDR | B | 0.52% | |
| DPZ | B | 0.51% | |
| NEE | B | 0.5% | |
| CNM | A | 0.49% | |
| UHS | C | 0.48% | |
| CNA | B | 0.48% | |
| HIG | D | 0.47% | |
| EXC | C | 0.46% | |
| REZI | D | 0.46% | |
| EVRG | B | 0.46% | |
| EXP | B | 0.45% | |
| LDOS | A | 0.45% | |
| HRB | D | 0.44% | |
| RGA | A | 0.42% | |
| SAIC | D | 0.4% | |
| BKNG | C | 0.4% | |
| APA | F | 0.4% | |
| CVI | F | 0.39% | |
| PEG | A | 0.39% | |
| BCO | A | 0.38% | |
| STLD | D | 0.38% | |
| GLPI | F | 0.37% | |
| J | B | 0.37% | |
| SPG | D | 0.37% | |
| NSA | D | 0.37% | |
| GRMN | A | 0.36% | |
| SR | B | 0.35% | |
| STAG | D | 0.35% | |
| BLD | D | 0.34% | |
| GDDY | A | 0.33% | |
| WDC | B | 0.32% | |
| RS | D | 0.32% | |
| KR | C | 0.32% | |
| FDX | C | 0.31% | |
| BAH | B | 0.31% | |
| PSTG | C | 0.3% | |
| RPRX | D | 0.29% | |
| SPGI | C | 0.28% | |
| AMP | B | 0.26% | |
| UNP | C | 0.24% | |
| NEU | D | 0.23% | |
| AEO | C | 0.21% | |
| MGM | F | 0.21% | |
| FIX | C | 0.2% | |
| NTRA | A | 0.19% | |
| DECK | D | 0.17% | |
| FG | B | 0.13% | |
| DOCS | F | 0.12% | |
| PHM | A | 0.11% | |
| EXEL | D | 0.11% | |
| ROCK | D | 0.07% | |
| AOS | D | 0.0% | |
| WDAY | D | 0.0% | |
| PNC | A | 0.0% | |
| DNUT | F | -0.05% | |
| HTZ | F | -0.06% | |
| AWR | C | -0.06% | |
| ENPH | F | -0.07% | |
| TROX | A | -0.07% | |
| IAS | F | -0.08% | |
| MODG | B | -0.08% | |
| PYCR | F | -0.08% | |
| JOBY | D | -0.08% | |
| JBHT | F | -0.08% | |
| LGIH | D | -0.08% | |
| MCW | D | -0.08% | |
| PNM | C | -0.08% | |
| FCNCA | B | -0.08% | |
| CROX | D | -0.09% | |
| DOC | A | -0.09% | |
| SUI | F | -0.09% | |
| PTCT | B | -0.09% | |
| PLNT | F | -0.09% | |
| CWST | D | -0.09% | |
| RRC | B | -0.1% | |
| COLD | F | -0.1% | |
| DRVN | F | -0.1% | |
| VTR | B | -0.1% | |
| PCH | D | -0.1% | |
| HAS | B | -0.1% | |
| GOGL | A | -0.11% | |
| EXR | C | -0.11% | |
| CHK | B | -0.11% | |
| AES | B | -0.11% | |
| WTW | D | -0.11% | |
| DAY | F | -0.11% | |
| CHDN | B | -0.11% | |
| VAC | C | -0.11% | |
| KNX | F | -0.12% | |
| MDU | A | -0.12% | |
| BOOT | B | -0.12% | |
| ADC | B | -0.12% | |
| AEE | C | -0.12% | |
| IPAR | F | -0.13% | |
| TXG | F | -0.13% | |
| TFC | A | -0.13% | |
| GME | C | -0.13% | |
| LFST | D | -0.14% | |
| VFC | F | -0.14% | |
| FLNC | B | -0.15% | |
| CNXC | F | -0.15% | |
| ZWS | D | -0.15% | |
| KVUE | D | -0.15% | |
| KMPR | B | -0.15% | |
| XYL | A | -0.15% | |
| CZR | F | -0.15% | |
| FL | F | -0.15% | |
| O | B | -0.15% | |
| RBA | D | -0.15% | |
| CRS | A | -0.15% | |
| SPR | D | -0.15% | |
| AJG | C | -0.15% | |
| AXSM | C | -0.16% | |
| SJM | F | -0.16% | |
| CHH | D | -0.16% | |
| HAYW | C | -0.16% | |
| ARWR | F | -0.16% | |
| RUN | D | -0.16% | |
| SRE | B | -0.16% | |
| FOXF | F | -0.16% | |
| AXON | A | -0.16% | |
| WAFD | B | -0.17% | |
| IOVA | D | -0.17% | |
| UCBI | B | -0.17% | |
| WTM | A | -0.17% | |
| FOUR | F | -0.18% | |
| WAL | C | -0.18% | |
| GPI | A | -0.18% | |
| ALLY | A | -0.18% | |
| UHAL | C | -0.18% | |
| COF | B | -0.18% | |
| NARI | F | -0.18% | |
| MTN | F | -0.18% | |
| DG | D | -0.19% | |
| HASI | C | -0.19% | |
| FMC | D | -0.19% | |
| GATX | C | -0.19% | |
| IRT | B | -0.19% | |
| PR | B | -0.19% | |
| BE | C | -0.19% | |
| LNC | D | -0.2% | |
| APD | C | -0.2% | |
| PPBI | D | -0.2% | |
| SBCF | C | -0.2% | |
| BANC | C | -0.2% | |
| NTLA | F | -0.21% | |
| CABO | F | -0.21% | |
| MP | C | -0.21% | |
| ROG | C | -0.21% | |
| EQT | B | -0.22% | |
| TSLA | D | -0.23% | |
| NDAQ | B | -0.23% | |
| UEC | B | -0.23% | |
| SHC | F | -0.23% | |
| RIVN | F | -0.23% | |
| IRTC | C | -0.24% | |
| CAR | D | -0.24% | |
| ATO | A | -0.24% | |
| CG | D | -0.25% | |
| GO | F | -0.25% | |
| PRCT | A | -0.25% | |
| FIS | C | -0.25% | |
| EL | F | -0.25% | |
| ASB | A | -0.25% | |
| TMDX | A | -0.26% | |
| NOG | B | -0.26% | |
| KDP | A | -0.26% | |
| GTLS | C | -0.26% | |
| FSLR | B | -0.26% | |
| LW | D | -0.26% | |
| DLTR | D | -0.26% | |
| CNX | B | -0.27% | |
| CFLT | D | -0.27% | |
| UI | F | -0.27% | |
| MASI | C | -0.27% | |
| FNB | A | -0.27% | |
| ORCL | D | -0.27% | |
| RNR | D | -0.27% | |
| AGNC | B | -0.28% | |
| BIO | D | -0.28% | |
| NOVT | D | -0.28% | |
| NNI | A | -0.28% | |
| TTWO | D | -0.29% | |
| NEOG | F | -0.29% | |
| AR | A | -0.29% | |
| AAP | D | -0.29% | |
| TOST | D | -0.29% | |
| PFSI | A | -0.29% | |
| GS | A | -0.29% | |
| ALB | D | -0.3% | |
| MS | A | -0.31% | |
| FIVE | F | -0.32% | |
| LAD | F | -0.33% | |
| IAC | C | -0.34% | |
| FYBR | C | -0.34% | |
| NXST | C | -0.34% | |
| CARR | A | -0.35% | |
| BX | D | -0.35% | |
| IBKR | A | -0.35% | |
| DV | D | -0.36% | |
| KMX | F | -0.37% | |
| TGNA | D | -0.37% | |
| D | A | -0.37% | |
| GE | A | -0.37% | |
| MSTR | D | -0.38% | |
| VSAT | F | -0.4% | |
| SATS | B | -0.4% | |
| RVMD | A | -0.4% | |
| MARA | D | -0.42% | |
| CRL | D | -0.42% | |
| LBRDK | F | -0.42% | |
| RIOT | F | -0.42% | |
| RH | D | -0.42% | |
| MSGS | B | -0.42% | |
| DAR | F | -0.42% | |
| UTHR | A | -0.42% | |
| ZI | C | -0.43% | |
| FIVN | F | -0.44% | |
| GFS | D | -0.44% | |
| FND | D | -0.45% | |
| INSP | B | -0.45% | |
| BILL | F | -0.46% | |
| ASAN | F | -0.46% | |
| WBD | F | -0.46% | |
| SPT | F | -0.46% | |
| U | F | -0.47% | |
| CGNX | B | -0.48% | |
| BA | D | -0.48% | |
| TECH | C | -0.49% | |
| TXN | A | -0.5% | |
| ALGM | C | -0.53% | |
| COHR | D | -0.55% | |
| KLIC | D | -0.55% | |
| ZBRA | A | -0.58% | |
| LITE | D | -0.59% | |
| QQQ | C | -0.6% | |
| WOLF | F | -0.63% | |
| INTC | F | -0.65% | |
| SITM | D | -0.66% |
CLSE Underweight 159 Positions Relative to DWAS
| Symbol | Grade | Weight | |
|---|---|---|---|
| TDW | A | -1.52% | |
| LFMD | A | -1.39% | |
| TRNS | A | -1.29% | |
| NUVL | D | -1.26% | |
| POWL | B | -1.23% | |
| ALPN | A | -1.22% | |
| COOP | A | -1.18% | |
| DFIN | A | -1.16% | |
| LMB | C | -1.11% | |
| UFPT | A | -1.0% | |
| VERA | C | -0.97% | |
| IMNM | D | -0.95% | |
| RRR | D | -0.93% | |
| ADMA | A | -0.92% | |
| KAI | D | -0.9% | |
| HRTG | C | -0.82% | |
| RXST | A | -0.79% | |
| SERA | B | -0.76% | |
| HRI | D | -0.71% | |
| PLAY | D | -0.69% | |
| CBZ | D | -0.66% | |
| GRBK | C | -0.65% | |
| ALG | D | -0.6% | |
| GTX | C | -0.58% | |
| BYRN | B | -0.58% | |
| WIRE | A | -0.57% | |
| ZEUS | F | -0.56% | |
| USAP | A | -0.55% | |
| CSWI | A | -0.52% | |
| MYRG | F | -0.51% | |
| TREE | A | -0.5% | |
| BMI | A | -0.5% | |
| ARQT | D | -0.5% | |
| AROC | B | -0.49% | |
| TPC | A | -0.49% | |
| RNA | A | -0.48% | |
| KRYS | D | -0.47% | |
| RYI | F | -0.47% | |
| MACK | B | -0.46% | |
| EVER | A | -0.46% | |
| ARCB | F | -0.45% | |
| GHM | B | -0.45% | |
| FSS | C | -0.45% | |
| SMHI | D | -0.45% | |
| IDYA | D | -0.45% | |
| GKOS | A | -0.44% | |
| BECN | B | -0.44% | |
| AMRX | A | -0.44% | |
| MAX | C | -0.43% | |
| BKD | A | -0.43% | |
| CVNA | A | -0.43% | |
| RDNT | A | -0.43% | |
| JXN | A | -0.43% | |
| SPRY | C | -0.43% | |
| NBN | C | -0.42% | |
| CRAI | B | -0.42% | |
| CLSK | C | -0.42% | |
| SFM | A | -0.42% | |
| OFG | A | -0.42% | |
| TRAK | B | -0.42% | |
| SILK | B | -0.42% | |
| UTI | A | -0.41% | |
| MOG.A | A | -0.41% | |
| HWKN | A | -0.41% | |
| MRUS | C | -0.41% | |
| GES | B | -0.41% | |
| HCI | B | -0.41% | |
| DFH | D | -0.41% | |
| EZPW | C | -0.41% | |
| CMPR | D | -0.41% | |
| KTB | B | -0.41% | |
| USLM | A | -0.41% | |
| MBIN | C | -0.4% | |
| GVA | A | -0.4% | |
| VECO | B | -0.4% | |
| ESQ | C | -0.4% | |
| NRIX | D | -0.4% | |
| ENVA | B | -0.4% | |
| PIPR | A | -0.4% | |
| CHX | D | -0.4% | |
| ORIC | D | -0.4% | |
| CACC | D | -0.39% | |
| COLL | C | -0.39% | |
| BGC | B | -0.39% | |
| CRNX | A | -0.39% | |
| SKY | D | -0.39% | |
| KOP | F | -0.39% | |
| INBK | C | -0.39% | |
| BSIG | C | -0.39% | |
| LBRT | B | -0.39% | |
| ARLO | A | -0.39% | |
| ANDE | B | -0.39% | |
| AMSC | C | -0.39% | |
| VSEC | A | -0.39% | |
| MATX | B | -0.39% | |
| AGM | A | -0.39% | |
| FRPT | C | -0.38% | |
| PLAB | C | -0.38% | |
| SXI | C | -0.38% | |
| ESAB | B | -0.38% | |
| VERX | D | -0.38% | |
| CRVL | C | -0.38% | |
| ANIP | C | -0.38% | |
| GOLF | D | -0.38% | |
| PACK | B | -0.38% | |
| ROAD | D | -0.38% | |
| ASPN | A | -0.38% | |
| MHO | D | -0.37% | |
| VVV | B | -0.37% | |
| ORN | D | -0.37% | |
| ALSN | D | -0.37% | |
| DXPE | B | -0.37% | |
| FELE | D | -0.37% | |
| DYN | D | -0.37% | |
| NPO | D | -0.37% | |
| SPNT | C | -0.37% | |
| LQDA | D | -0.37% | |
| ASO | D | -0.37% | |
| CDRE | D | -0.37% | |
| ICFI | C | -0.37% | |
| SXC | D | -0.36% | |
| KYMR | D | -0.36% | |
| CELC | D | -0.36% | |
| CDLX | B | -0.36% | |
| NR | C | -0.36% | |
| KURA | D | -0.36% | |
| BZH | D | -0.36% | |
| KRUS | B | -0.36% | |
| KROS | D | -0.35% | |
| ACMR | D | -0.35% | |
| QUIK | D | -0.35% | |
| MDXG | D | -0.35% | |
| CUBI | D | -0.35% | |
| KD | D | -0.35% | |
| BLZE | D | -0.35% | |
| PAY | B | -0.35% | |
| RUSHA | D | -0.35% | |
| ARHS | D | -0.34% | |
| LYRA | F | -0.34% | |
| FOR | D | -0.34% | |
| SMID | D | -0.34% | |
| SGBX | D | -0.34% | |
| MTRN | F | -0.34% | |
| VRNS | D | -0.34% | |
| MTRX | D | -0.33% | |
| PARR | F | -0.32% | |
| LSEA | F | -0.32% | |
| ANNX | D | -0.31% | |
| BWMN | F | -0.3% | |
| FULC | D | -0.3% | |
| SOUN | D | -0.3% | |
| PCT | F | -0.3% | |
| HEES | F | -0.29% | |
| APLT | D | -0.28% | |
| KOD | D | -0.26% | |
| AQST | D | -0.25% | |
| OCUL | D | -0.24% | |
| FATE | D | -0.23% | |
| IRON | F | -0.22% |
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Banks - Regional - US
Building Materials
Biotechnology
Software - Infrastructure
Oil & Gas E&P
Semiconductors
Specialty Retail
Asset Management
Business Services
Capital Markets
Drug Manufacturers - Major
Internet Content & Information
Diagnostics & Research
Engineering & Construction
Oil & Gas Refining & Marketing
REIT - Industrial
Scientific & Technical Instruments
Utilities - Diversified
Aerospace & Defense
DWAS: Top Represented Industries & Keywords
Industries:
Biotechnology
Building Materials
Engineering & Construction
Banks - Regional - US
Diversified Industrials
Metal Fabrication
Oil & Gas Equipment & Services
Software - Application
Aerospace & Defense
Asset Management
Credit Services
Residential Construction
Software - Infrastructure
Auto Parts
Business Services
Diagnostics & Research
Medical Devices
Semiconductor Equipment & Materials
Apparel Stores
Capital Markets
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