CLSE vs. EHLS ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Even Herd Long Short ETF (EHLS)
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

65,624

Number of Holdings *

337

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

Even Herd Long Short ETF

EHLS Description EHLS seeks long-term capital appreciation through a momentum-focused strategy that takes both long and short positions in US equity securities. In selecting securities, the fund employs a proprietary algorithm that emphasizes a dynamic, trend-focused analysis, instead of a strictly bottom-up valuation analysis, driven by price movements and other data points based on market trends and stock momentum. The sub-adviser may adjust its proprietary system that is continuously optimized and refined. The fund strategy involves taking long positions in equity securities exhibiting strong upward momentum and short positions in those showing downward momentum. The actively managed fund targets a net equity exposure from 40% to 90% net long, subject to adjustments based on market conditions. The fund aims to maintain 100% long and 10-60% short exposure. Short sales may include entering into swap agreements or the use of leverage.

Grade (RS Rating)

Last Trade

$23.12

Average Daily Volume

2,612

Number of Holdings *

271

* may have additional holdings in another (foreign) market
Performance
Period CLSE EHLS
30 Days 4.18% 8.97%
60 Days 7.10% 10.38%
90 Days 9.38% 12.83%
12 Months 39.93%
57 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in EHLS Overlap
AES F -0.08% -0.17% -0.17%
ALB B -0.16% -0.28% -0.28%
ALGM D -0.45% -0.26% -0.45%
ALSN B 0.66% 0.55% 0.55%
ANET C 1.83% 0.88% 0.88%
APA D 0.25% -0.23% -0.23%
APLS F -0.3% -0.24% -0.3%
APTV F -0.32% -0.18% -0.32%
AVA A 0.47% -0.3% -0.3%
AWK C -0.26% -0.3% -0.3%
BEN C -0.36% -0.2% -0.36%
CACI D 0.48% 0.42% 0.42%
CEIX A 0.7% 0.3% 0.3%
CNX A 0.74% 0.76% 0.74%
COLD D -0.15% -0.2% -0.2%
COOP B -0.07% 0.78% -0.07%
CRL D -0.15% -0.28% -0.28%
CVNA B 1.85% 1.29% 1.29%
DG F -0.4% -0.21% -0.4%
ELF C -0.24% -0.21% -0.24%
EME A 0.75% 0.75% 0.75%
ENOV C -0.18% -0.22% -0.22%
ENPH F -0.11% -0.18% -0.18%
FIVE F -0.56% -0.22% -0.56%
FIVN C -0.16% -0.29% -0.29%
FTDR B 0.58% 1.04% 0.58%
FTI A 0.74% 0.53% 0.53%
GVA A 0.84% 1.41% 0.84%
HSY F -0.24% -0.25% -0.25%
IESC C 0.77% 0.79% 0.77%
JXN C 0.39% 0.87% 0.39%
LKQ F -0.17% -0.29% -0.29%
LYV A -0.3% 0.26% -0.3%
MATX C 0.22% 0.24% 0.22%
MCHP F -0.63% -0.23% -0.63%
META D 3.3% 1.64% 1.64%
MTN C -0.22% -0.25% -0.25%
MUSA B 0.2% 0.27% 0.2%
NARI C -0.16% -0.34% -0.34%
NRG B 0.71% 1.2% 0.71%
NVDA B 4.61% 1.72% 1.72%
ON D -0.39% -0.27% -0.39%
PCH F -0.12% -0.25% -0.25%
PGR A 0.46% 0.48% 0.46%
PINS F -0.41% -0.3% -0.41%
PLTR B 1.02% 1.25% 1.02%
REXR F -0.14% -0.25% -0.25%
SITE F -0.16% -0.24% -0.24%
SLVM B 0.5% 1.06% 0.5%
SNEX B 1.06% 0.25% 0.25%
SOFI B -0.28% 0.25% -0.28%
TEX F -0.17% -0.23% -0.23%
THC D 0.78% 0.98% 0.78%
TMUS B 0.7% 0.96% 0.7%
VAL F -0.27% -0.2% -0.27%
VLO C 0.29% -0.32% -0.32%
VST A 0.55% 1.31% 0.55%
CLSE Overweight 280 Positions Relative to EHLS
Symbol Grade Weight
GOOGL C 3.47%
AMZN C 2.53%
AVGO D 2.28%
APP B 2.25%
MU D 2.13%
HPE B 1.92%
WMT A 1.82%
QCOM F 1.73%
IDCC B 1.51%
GDDY A 1.42%
CVLT B 1.4%
DOCU B 1.37%
PYPL B 1.33%
ORCL A 1.33%
ACIW B 1.3%
TSLA B 1.22%
JHG B 1.21%
NTNX B 1.16%
HD B 1.13%
SYF B 1.11%
BMY B 1.11%
NTRS A 1.08%
GILD C 1.07%
NTAP C 1.0%
LNG A 0.97%
SEIC B 0.95%
HALO F 0.9%
AMRX C 0.9%
BFH C 0.88%
GM C 0.87%
COR B 0.86%
CAH B 0.86%
PPC C 0.85%
MLI B 0.84%
CARG B 0.83%
AAPL C 0.83%
JNJ C 0.83%
BAC A 0.81%
PRIM A 0.8%
MO A 0.79%
NFLX A 0.79%
FITB B 0.78%
DVA C 0.78%
CPNG D 0.77%
WFC A 0.75%
UTHR C 0.73%
PNC B 0.72%
ABBV F 0.72%
RF A 0.72%
STRL A 0.71%
ZION B 0.71%
CMA B 0.71%
UHS D 0.7%
GEN B 0.68%
VRT B 0.68%
APH A 0.67%
UMBF B 0.66%
MTZ B 0.66%
AVT C 0.66%
MWA B 0.65%
BLK B 0.65%
JPM A 0.64%
CHRW B 0.61%
EXPE B 0.61%
TSN B 0.6%
FFIV B 0.6%
AMG B 0.58%
LDOS C 0.55%
RGA A 0.55%
GLW B 0.52%
MET A 0.52%
GOOG C 0.49%
UI B 0.49%
EXP B 0.48%
PNW A 0.48%
UNP C 0.47%
DUOL A 0.45%
PG C 0.45%
ALL A 0.45%
BKNG A 0.44%
LPX B 0.43%
CTRE C 0.42%
SCCO F 0.41%
RMD C 0.4%
SR A 0.38%
R B 0.38%
SPG A 0.37%
CNA C 0.37%
CF A 0.37%
GRMN B 0.37%
OUT A 0.36%
EQR C 0.35%
CCL A 0.35%
CDP C 0.34%
RGLD C 0.32%
CNC D 0.31%
PTON A 0.31%
LAMR C 0.31%
J D 0.31%
MPWR F 0.3%
CVS D 0.29%
T A 0.29%
MDT D 0.29%
IIPR D 0.28%
NVR D 0.24%
VRTX D 0.23%
NEM D 0.22%
TOL B 0.22%
EEFT B 0.22%
FLR B 0.21%
JLL D 0.2%
ABM B 0.19%
BAH F 0.18%
KR B 0.17%
NTRA A 0.17%
BOX B 0.17%
JAZZ B 0.16%
FOXA A 0.14%
EXPD C 0.14%
FN C 0.13%
PRU A 0.13%
VCTR B 0.12%
VCYT B 0.12%
CINF A 0.12%
CDE C 0.11%
ILMN C 0.1%
AEIS C 0.07%
INCY C 0.07%
HQY A 0.07%
QQQ B 0.0%
LNTH D 0.0%
LRCX F 0.0%
PENN C -0.05%
KNX C -0.06%
HGV C -0.06%
HUN F -0.07%
EXAS D -0.07%
RYN D -0.07%
CCS D -0.07%
BC C -0.08%
JOE F -0.08%
FLYW B -0.08%
GNTX C -0.09%
JBLU F -0.09%
NSC B -0.1%
MCW C -0.1%
ABG C -0.1%
ATO A -0.1%
ACVA B -0.11%
CGON F -0.11%
EL F -0.12%
RBA A -0.12%
FL F -0.12%
DLR B -0.13%
EXR C -0.13%
STLD B -0.13%
AVAV C -0.13%
ALIT C -0.13%
VMC B -0.13%
MLM C -0.13%
BPOP C -0.14%
PYCR B -0.14%
DAY B -0.14%
ARWR D -0.14%
MKL A -0.14%
AA A -0.14%
EQIX A -0.14%
CZR F -0.15%
APD A -0.15%
GTLS A -0.15%
RNR C -0.15%
DRVN B -0.15%
BHF C -0.16%
XPO B -0.16%
OSK C -0.16%
LGIH F -0.16%
DAR C -0.16%
UHAL D -0.16%
AGO B -0.16%
EW C -0.16%
SW A -0.17%
TREX C -0.17%
MDGL B -0.17%
MASI B -0.17%
AJG A -0.17%
KRG B -0.17%
CHDN B -0.18%
UEC B -0.18%
EBC B -0.18%
AGCO D -0.18%
COTY F -0.18%
AL B -0.18%
CNH C -0.18%
BRKR D -0.18%
C A -0.19%
WAL B -0.19%
AIR B -0.19%
KNSL B -0.2%
SRE A -0.2%
GATX A -0.2%
BIRK D -0.2%
BE B -0.21%
AESI B -0.21%
NOG B -0.21%
WTM A -0.21%
PRCT B -0.22%
BANC B -0.22%
SAIA B -0.22%
SUM B -0.22%
EQT B -0.23%
PSA C -0.23%
XYL D -0.23%
WTRG B -0.24%
IONS F -0.24%
GPOR B -0.24%
CELH F -0.24%
DELL B -0.25%
LW C -0.25%
KEY B -0.25%
BILL A -0.26%
NEOG F -0.26%
AUR C -0.26%
FOUR A -0.27%
STNE F -0.27%
TEAM A -0.27%
MSCI C -0.27%
PTEN C -0.27%
MNST C -0.28%
ESTC C -0.29%
MDB B -0.29%
XP F -0.29%
MKTX D -0.29%
CYTK F -0.3%
NDAQ A -0.3%
GTLB B -0.32%
VVV D -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 A -0.35%
CACC D -0.36%
COHR B -0.36%
BBIO F -0.36%
ZI D -0.36%
SATS D -0.4%
BA F -0.4%
RBLX C -0.41%
DLTR F -0.41%
U C -0.41%
RIVN F -0.42%
TTWO A -0.43%
WBD B -0.43%
SNPS B -0.44%
DV C -0.45%
CGNX D -0.45%
GE D -0.46%
CDNS B -0.46%
MRNA F -0.47%
SMCI F -0.47%
RH C -0.47%
CFLT B -0.47%
CHTR C -0.48%
CSCO B -0.52%
FND D -0.53%
BRZE C -0.56%
NWS A -0.57%
WST C -0.59%
LITE B -0.6%
POOL C -0.61%
DXCM C -0.63%
WDC D -0.65%
LSCC D -0.7%
ROP B -0.7%
TXN C -0.81%
INTC C -0.93%
FSLR F -1.26%
CLSE Underweight 214 Positions Relative to EHLS
Symbol Grade Weight
SPOT B -2.25%
BMA C -2.14%
CSWI B -2.03%
QTWO A -1.82%
HWM A -1.8%
GDS C -1.71%
LMB B -1.7%
IRM C -1.68%
PIPR A -1.67%
SLG B -1.62%
MSI B -1.57%
USLM A -1.53%
CTAS B -1.48%
HWKN B -1.46%
IGIC B -1.33%
SE A -1.3%
FICO B -1.3%
CRS B -1.27%
CW C -1.26%
ADMA B -1.26%
WELL A -1.25%
BK A -1.24%
TPB B -1.24%
CEG C -1.21%
SFM A -1.2%
CLBT B -1.2%
SKT A -1.14%
REAX D -1.1%
PAM A -1.09%
RDNT B -1.08%
ARES A -1.05%
DASH B -1.05%
TRGP A -1.03%
TPL A -1.02%
HOOD B -1.01%
BRO B -1.0%
AXP A -1.0%
CBRE B -0.98%
RSI A -0.98%
NPAB F -0.92%
EDN B -0.92%
WAB B -0.89%
GLNG C -0.86%
PNTG D -0.84%
MOD A -0.82%
SKYW C -0.76%
ISRG A -0.76%
KKR A -0.76%
BSX A -0.71%
PSN D -0.7%
CDNA D -0.62%
HLNE B -0.62%
CCB A -0.56%
AMAL B -0.56%
AIT B -0.55%
NBN C -0.54%
BBSI B -0.54%
CNK C -0.51%
PKG A -0.49%
TWLO A -0.49%
VERX A -0.49%
CLH C -0.48%
FI A -0.48%
TYL B -0.48%
QFIN A -0.47%
HUBB B -0.46%
MMYT B -0.46%
GRBK D -0.46%
POWL C -0.45%
UFPT C -0.44%
RNA C -0.44%
ALHC C -0.42%
RKLB A -0.39%
WULF C -0.34%
YPF B -0.32%
TCBX B -0.3%
FRHC B -0.28%
KTB B -0.27%
PPTA C -0.27%
CASH B -0.27%
EXLS B -0.26%
MLR C -0.25%
PEGA B -0.25%
ONON A -0.24%
BBW C -0.24%
GATO C -0.23%
TRUP B -0.23%
EXEL B -0.23%
AORT B -0.22%
CSTM F --0.07%
NEP F --0.09%
SPT C --0.14%
CVI F --0.15%
AMN F --0.16%
VSAT F --0.16%
PGNY F --0.17%
STNG F --0.17%
WU F --0.18%
FLNG C --0.19%
W D --0.2%
AMRC F --0.2%
WRLD C --0.2%
ASH F --0.21%
ADNT F --0.21%
WSC F --0.21%
ASML F --0.22%
IGT F --0.22%
PARR F --0.22%
AVTR F --0.22%
DOOO F --0.22%
LEA F --0.22%
CSGP D --0.23%
MRK D --0.23%
ROG D --0.23%
DLB B --0.23%
NTST C --0.23%
IMCR D --0.23%
NKE F --0.23%
ELV F --0.23%
OLN F --0.23%
NUE C --0.23%
SCL C --0.24%
OMI F --0.24%
ENTG D --0.24%
CWT C --0.24%
WPC C --0.24%
ODP F --0.24%
NSP F --0.24%
WOR F --0.24%
PLD F --0.24%
PD C --0.24%
ETSY D --0.24%
CC C --0.24%
ADM D --0.25%
JBSS F --0.25%
AKAM D --0.25%
OTEX F --0.25%
FTV C --0.25%
IPG D --0.25%
FUL F --0.25%
PEP F --0.25%
F C --0.25%
GIS D --0.25%
ATKR D --0.25%
ALV C --0.25%
MGM D --0.26%
GO C --0.26%
BG D --0.26%
THS D --0.26%
ARE F --0.26%
STZ D --0.26%
IAC F --0.26%
CTRA B --0.26%
HDB C --0.26%
FMX F --0.26%
SON F --0.26%
CALX D --0.27%
DVN F --0.27%
COHU C --0.27%
HXL F --0.27%
MTDR B --0.27%
SLAB F --0.27%
CNI F --0.27%
CWH B --0.27%
CDW F --0.27%
YELP C --0.28%
OKTA C --0.28%
VTLE C --0.28%
MUR D --0.28%
VRSN C --0.28%
MRTN D --0.28%
USPH B --0.28%
SJW F --0.28%
PZZA F --0.28%
CENTA C --0.28%
TDC D --0.29%
UGI C --0.29%
HP C --0.29%
SJM D --0.29%
CHRD D --0.29%
AMRK F --0.29%
AIN C --0.29%
MOS F --0.29%
URBN C --0.29%
CENT C --0.29%
SLB C --0.29%
TMO F --0.29%
SIGI C --0.29%
RPD B --0.29%
CIVI D --0.29%
EXC C --0.3%
ES C --0.3%
EG C --0.3%
SNOW B --0.3%
WFRD D --0.3%
RIO D --0.3%
HES B --0.3%
PPG F --0.3%
EVTC B --0.3%
IDXX F --0.3%
HELE C --0.3%
ACI C --0.3%
DIOD D --0.3%
KMX B --0.31%
OXM F --0.31%
ZD B --0.31%
IRTC C --0.32%
CAR C --0.32%
ALRM C --0.32%
TENB C --0.33%
OVV B --0.33%
AMR C --0.35%
UPS C --0.37%
PRGO C --0.44%
Compare ETFs