CLSE vs. FIDU ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Fidelity MSCI Industrials Index ETF (FIDU)
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

$20.86

Average Daily Volume

41,655

Number of Holdings *

349

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

Fidelity MSCI Industrials Index ETF

FIDU Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Industrials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Industrials Index, which represents the performance of the industrial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Industrials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.46

Average Daily Volume

108,328

Number of Holdings *

361

* may have additional holdings in another (foreign) market
Performance
Period CLSE FIDU
30 Days 1.86% 1.20%
60 Days 4.98% 3.67%
90 Days 12.03% 7.66%
12 Months 40.96% 31.96%
53 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in FIDU Overlap
ACVA D -0.1% 0.05% -0.1%
AOS C 0.0% 0.21% 0.0%
AVAV A -0.14% 0.1% -0.14%
AXON B -0.16% 0.47% -0.16%
AYI C 0.53% 0.16% 0.16%
BA F -0.48% 2.05% -0.48%
BAH B 0.31% 0.4% 0.31%
BCC D 0.56% 0.11% 0.11%
BCO B 0.38% 0.08% 0.08%
BE C -0.19% 0.05% -0.19%
BLDR D 0.65% 0.5% 0.5%
CAR D -0.24% 0.04% -0.24%
CARR A -0.35% 1.03% -0.35%
CAT D 0.52% 3.48% 0.52%
CNM A 0.49% 0.23% 0.23%
CNXC D -0.15% 0.05% -0.15%
CWST C -0.09% 0.11% -0.09%
DAY F -0.11% 0.17% -0.11%
DRVN F -0.1% 0.02% -0.1%
EME A 0.71% 0.35% 0.35%
FDX D 0.31% 1.23% 0.31%
FIX A 0.2% 0.24% 0.2%
FLNC C -0.15% 0.03% -0.15%
GATX C -0.19% 0.09% -0.19%
GE A -0.37% 3.65% -0.37%
GFF C 0.69% 0.05% 0.05%
GMS C 0.55% 0.07% 0.07%
GTLS B -0.26% 0.13% -0.26%
HAYW C -0.16% 0.04% -0.16%
HTZ F -0.06% 0.01% -0.06%
IESC A 0.61% 0.03% 0.03%
J D 0.37% 0.38% 0.37%
JBHT F -0.08% 0.27% -0.08%
JOBY D -0.08% 0.02% -0.08%
KNX D -0.12% 0.15% -0.12%
LDOS A 0.45% 0.37% 0.37%
MDU A -0.12% 0.1% -0.12%
MLI B 0.63% 0.13% 0.13%
OC B 0.58% 0.31% 0.31%
PYCR F -0.08% 0.03% -0.08%
REZI D 0.46% 0.06% 0.06%
ROCK D 0.07% 0.04% 0.04%
RUN D -0.16% 0.05% -0.16%
SAIC C 0.4% 0.14% 0.14%
SKYW B 0.57% 0.02% 0.02%
SPR D -0.15% 0.08% -0.15%
STRL B 0.53% 0.07% 0.07%
UBER D 0.83% 2.65% 0.83%
UHAL B -0.18% 0.13% -0.18%
UNP C 0.24% 2.91% 0.24%
VRT A 0.67% 0.7% 0.67%
XYL A -0.15% 0.67% -0.15%
ZWS C -0.15% 0.09% -0.15%
CLSE Overweight 296 Positions Relative to FIDU
Symbol Grade Weight
NVDA B 3.46%
MSFT C 3.3%
AMZN A 3.15%
GOOGL B 2.56%
GOOG B 2.36%
QCOM B 2.29%
META D 2.17%
AMAT C 2.09%
MU B 2.01%
APP B 1.95%
NTAP B 1.74%
ANET C 1.65%
NTNX A 1.6%
SNX A 1.49%
WMT C 1.34%
CRWD C 1.32%
IBM D 1.29%
PYPL C 1.27%
DOCU B 1.11%
HD D 1.08%
NFLX C 1.0%
MUSA D 0.99%
APPF B 0.95%
EBAY D 0.95%
AMG D 0.95%
PAGS D 0.94%
MRK B 0.93%
T B 0.93%
AAPL B 0.91%
SPOT B 0.91%
SYF B 0.91%
STNE C 0.91%
JPM B 0.9%
PFE D 0.9%
JNJ F 0.89%
AMGN B 0.89%
SEIC C 0.88%
COIN D 0.87%
VTRS C 0.87%
LLY C 0.86%
MTG B 0.86%
ABBV D 0.86%
MPC D 0.85%
PBF D 0.85%
TW A 0.83%
HALO C 0.81%
OGN B 0.8%
BAC B 0.77%
IIPR B 0.77%
BRBR C 0.76%
MO A 0.76%
PLTR D 0.75%
VLO D 0.75%
TSN B 0.75%
PPC A 0.74%
SMCI D 0.74%
XOM B 0.74%
PG A 0.74%
FITB A 0.73%
WFC A 0.72%
CI D 0.72%
BG B 0.71%
F D 0.69%
MCK B 0.69%
PSX D 0.68%
PEGA D 0.63%
UMBF C 0.62%
KNF C 0.62%
CNC C 0.6%
VST B 0.58%
OMI F 0.58%
AGO D 0.58%
THC A 0.57%
GM B 0.57%
AMR D 0.56%
LOPE B 0.55%
ITRI A 0.54%
PGR A 0.54%
NU C 0.53%
HQY D 0.53%
CAH F 0.52%
DVA B 0.52%
FTDR B 0.52%
DPZ B 0.51%
NEE B 0.5%
UHS D 0.48%
CNA B 0.48%
HIG C 0.47%
EXC B 0.46%
EVRG B 0.46%
EXP A 0.45%
HRB B 0.44%
RGA A 0.42%
BKNG B 0.4%
APA F 0.4%
CVI F 0.39%
PEG A 0.39%
SLVM A 0.39%
STLD D 0.38%
GLPI D 0.37%
SPG C 0.37%
NSA D 0.37%
GRMN A 0.36%
SR B 0.35%
STAG D 0.35%
BLD D 0.34%
IBP D 0.34%
GDDY A 0.33%
WDC B 0.32%
RS D 0.32%
KR B 0.32%
PSTG C 0.3%
RPRX F 0.29%
SPGI C 0.28%
AMP C 0.26%
NEU D 0.23%
ANF B 0.22%
AEO B 0.21%
MGM F 0.21%
NTRA B 0.19%
DECK D 0.17%
SKT D 0.14%
FG B 0.13%
SUM D 0.12%
DOCS F 0.12%
PHM B 0.11%
EXEL F 0.11%
MOD A 0.11%
VCTR A 0.09%
WDAY F 0.0%
PNC B 0.0%
DNUT F -0.05%
AWR C -0.06%
ENPH F -0.07%
TROX B -0.07%
IAS F -0.08%
MODG B -0.08%
LGIH F -0.08%
MCW C -0.08%
PNM C -0.08%
FCNCA B -0.08%
CROX C -0.09%
DOC A -0.09%
SUI D -0.09%
ATI B -0.09%
PTCT C -0.09%
PLNT D -0.09%
RYAN D -0.09%
RRC B -0.1%
COLD F -0.1%
VTR B -0.1%
PCH D -0.1%
HAS B -0.1%
GOGL A -0.11%
EXR D -0.11%
CHK B -0.11%
AES B -0.11%
WTW D -0.11%
CHDN B -0.11%
VAC D -0.11%
LPX A -0.12%
BOOT B -0.12%
ADC B -0.12%
AEE C -0.12%
IPAR F -0.13%
TXG F -0.13%
TFC B -0.13%
GME B -0.13%
LFST B -0.14%
VFC F -0.14%
KVUE C -0.15%
KMPR B -0.15%
CZR F -0.15%
FL F -0.15%
O B -0.15%
RBA D -0.15%
CRS B -0.15%
AJG C -0.15%
GPOR C -0.16%
AXSM B -0.16%
SJM F -0.16%
CHH F -0.16%
ARWR F -0.16%
SRE B -0.16%
FOXF F -0.16%
WAFD B -0.17%
IOVA D -0.17%
UCBI B -0.17%
WTM A -0.17%
FOUR F -0.18%
WAL B -0.18%
GPI B -0.18%
ALLY B -0.18%
COF B -0.18%
NARI F -0.18%
MTN F -0.18%
DG D -0.19%
HASI A -0.19%
FMC B -0.19%
IRT B -0.19%
PR B -0.19%
LNC C -0.2%
APD C -0.2%
PPBI C -0.2%
SBCF C -0.2%
BANC C -0.2%
NTLA F -0.21%
CABO F -0.21%
MP D -0.21%
ROG C -0.21%
EQT B -0.22%
TSLA D -0.23%
NDAQ D -0.23%
UEC B -0.23%
SHC F -0.23%
RIVN F -0.23%
IRTC F -0.24%
ATO A -0.24%
CG D -0.25%
GO F -0.25%
PRCT B -0.25%
FIS C -0.25%
EVH F -0.25%
EL F -0.25%
ASB A -0.25%
TMDX B -0.26%
NOG B -0.26%
KDP B -0.26%
FSLR B -0.26%
LW F -0.26%
DLTR F -0.26%
CNX B -0.27%
CFLT C -0.27%
UI D -0.27%
MASI D -0.27%
FNB A -0.27%
ORCL D -0.27%
RNR C -0.27%
AGNC C -0.28%
BIO F -0.28%
NOVT D -0.28%
NNI B -0.28%
TTWO D -0.29%
NEOG F -0.29%
AR B -0.29%
AAP D -0.29%
TOST A -0.29%
PFSI B -0.29%
GS A -0.29%
ALB C -0.3%
MS A -0.31%
FIVE F -0.32%
LAD D -0.33%
IAC B -0.34%
FYBR B -0.34%
NXST C -0.34%
BX D -0.35%
IBKR B -0.35%
DV F -0.36%
KMX D -0.37%
TGNA D -0.37%
D B -0.37%
MSTR D -0.38%
VSAT D -0.4%
SATS C -0.4%
RVMD B -0.4%
MARA C -0.42%
CRL D -0.42%
LBRDK F -0.42%
RIOT F -0.42%
RH D -0.42%
MSGS B -0.42%
DAR D -0.42%
UTHR B -0.42%
ZI F -0.43%
FIVN F -0.44%
GFS D -0.44%
FND D -0.45%
INSP D -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%
TECH B -0.49%
TXN A -0.5%
ALGM D -0.53%
COHR D -0.55%
KLIC D -0.55%
ZBRA A -0.58%
LITE F -0.59%
QQQ C -0.6%
WOLF F -0.63%
INTC F -0.65%
SITM C -0.66%
CLSE Underweight 308 Positions Relative to FIDU
Symbol Grade Weight
RTX A -2.93%
ETN A -2.61%
HON C -2.57%
DE B -2.13%
UPS D -2.12%
LMT A -2.06%
ADP D -1.99%
WM B -1.69%
TT A -1.48%
ITW D -1.47%
TDG A -1.44%
PH B -1.41%
GD A -1.35%
NOC B -1.34%
CSX D -1.33%
CTAS B -1.25%
EMR C -1.21%
PCAR D -1.1%
MMM B -1.07%
NSC D -1.04%
CPRT D -0.96%
GEV C -0.92%
URI D -0.92%
WCN C -0.86%
JCI B -0.86%
GWW D -0.84%
RSG C -0.82%
LHX A -0.81%
CMI B -0.8%
PAYX D -0.78%
PWR B -0.78%
AME D -0.77%
OTIS D -0.76%
FAST D -0.76%
IR D -0.72%
ODFL F -0.71%
VRSK B -0.7%
HWM A -0.63%
ROK F -0.63%
WAB A -0.58%
EFX D -0.57%
FTV D -0.54%
DOV A -0.51%
BR D -0.47%
VLTO A -0.45%
HUBB D -0.42%
CSL A -0.39%
EXPD D -0.34%
TXT D -0.34%
IEX D -0.33%
MAS D -0.32%
WSO B -0.32%
TRU C -0.31%
LII C -0.3%
SNA D -0.29%
NDSN C -0.29%
GGG D -0.28%
SSNC C -0.28%
SWK F -0.27%
PNR C -0.27%
ROL B -0.27%
XPO D -0.26%
LECO D -0.26%
ACM C -0.26%
HEI A -0.25%
NVT A -0.25%
WMS C -0.24%
TTEK B -0.23%
ITT A -0.22%
CLH B -0.22%
ALLE D -0.22%
RRX D -0.22%
WWD A -0.21%
SAIA F -0.21%
CW A -0.21%
HII D -0.2%
TREX D -0.2%
HEI A -0.19%
PAYC F -0.19%
CACI A -0.19%
BWXT D -0.18%
DCI B -0.18%
CHRW C -0.18%
KBR B -0.18%
TTC F -0.18%
GNRC B -0.17%
DAL A -0.17%
SSD D -0.16%
FCN B -0.16%
WCC B -0.16%
UFPI C -0.15%
WSC D -0.15%
AIT C -0.15%
AGCO F -0.15%
RHI D -0.15%
RBC C -0.15%
MIDD F -0.15%
OSK D -0.15%
PCTY D -0.15%
APG D -0.14%
MSA C -0.14%
SITE F -0.14%
FLS A -0.13%
LSTR D -0.13%
ATKR D -0.13%
FLR C -0.13%
MTZ B -0.13%
ALSN D -0.13%
HXL C -0.12%
LYFT C -0.12%
GXO C -0.12%
ESAB B -0.12%
ST B -0.12%
AZEK D -0.12%
AAON C -0.11%
AL B -0.11%
R A -0.11%
TKR B -0.11%
BECN C -0.11%
WTS C -0.11%
EXPO B -0.1%
MOG.A A -0.1%
EXLS C -0.1%
MMS C -0.1%
FSS B -0.1%
AWI D -0.1%
VMI B -0.1%
ACA B -0.09%
DY A -0.09%
SRCL D -0.09%
WIRE B -0.09%
ENS B -0.08%
CSWI A -0.08%
FELE D -0.08%
TEX D -0.08%
LUV D -0.08%
MSM F -0.08%
HRI D -0.08%
VRRM A -0.08%
KAI D -0.07%
CBZ C -0.07%
KFY C -0.07%
TNET F -0.07%
PSN D -0.07%
ALIT F -0.07%
NSP C -0.07%
MAN B -0.07%
KTOS B -0.06%
DOOR A -0.06%
ARCB F -0.06%
ESE B -0.06%
ABM B -0.06%
GTES D -0.06%
ICFI C -0.06%
JBT F -0.06%
NPO D -0.06%
HI D -0.06%
ROAD D -0.05%
TRN A -0.05%
AAL C -0.05%
RXO D -0.05%
UNF D -0.05%
AIR B -0.05%
MYRG D -0.05%
PRIM A -0.05%
MWA A -0.05%
GVA A -0.05%
MGRC D -0.05%
DNB D -0.05%
HUBG B -0.05%
BRC B -0.05%
RUSHA D -0.05%
AIN D -0.05%
B C -0.04%
GEO C -0.04%
KMT C -0.04%
TNC D -0.04%
JBI D -0.04%
MLKN D -0.04%
KAR B -0.04%
SXI D -0.04%
EPAC B -0.04%
HNI A -0.04%
AZZ C -0.04%
ARRY F -0.04%
ALG D -0.04%
CLVT F -0.04%
WERN D -0.04%
CSGS F -0.03%
MEG B -0.03%
LNN C -0.03%
NVEE D -0.03%
ENVX C -0.03%
ALK C -0.03%
APOG A -0.03%
CMPR D -0.03%
PLUG F -0.03%
SHLS F -0.03%
POWL B -0.03%
UPWK F -0.03%
AMWD D -0.03%
DNOW C -0.03%
MRCY D -0.03%
HLIO B -0.03%
HEES F -0.03%
HURN F -0.03%
GBX B -0.03%
JELD F -0.03%
KEX A -0.03%
CXW C -0.03%
KELYA D -0.02%
ERII F -0.02%
VICR F -0.02%
ACHR F -0.02%
CDRE F -0.02%
AGX A -0.02%
HCSG D -0.02%
BBSI B -0.02%
PRLB D -0.02%
MATW D -0.02%
FA B -0.02%
GNK A -0.02%
BXC D -0.02%
DLX B -0.02%
MRC D -0.02%
TILE C -0.02%
TRNS A -0.02%
MATX B -0.02%
SP C -0.02%
SCS C -0.02%
WNC D -0.02%
MRTN D -0.02%
RKLB D -0.02%
TGI C -0.02%
CRAI A -0.02%
THR A -0.02%
NX D -0.02%
VSEC A -0.02%
BLBD C -0.02%
KFRC D -0.02%
REVG A -0.02%
CMCO B -0.02%
VSTS F -0.02%
SNDR D -0.02%
ALTG D -0.01%
ULCC D -0.01%
ALGT F -0.01%
TBI F -0.01%
RUSHB D -0.01%
ULH A -0.01%
EAF C -0.01%
PLPC D -0.01%
RGP F -0.01%
HDSN F -0.01%
FCEL F -0.01%
SPCE F -0.01%
PL F -0.01%
PBI B -0.01%
DSGR B -0.01%
SHYF C -0.01%
LQDT C -0.01%
LYTS B -0.01%
FC D -0.01%
SRCL D -0.01%
MTW F -0.01%
ACCO D -0.01%
TWI F -0.01%
DDD F -0.01%
GLDD C -0.01%
TITN F -0.01%
NPK A -0.01%
ATRO C -0.01%
HY C -0.01%
HTLD F -0.01%
BV B -0.01%
JBLU F -0.01%
FWRD F -0.01%
PLOW D -0.01%
EBF B -0.01%
HSII C -0.01%
CNDT B -0.01%
NVRI D -0.01%
IIIN D -0.01%
XMTR F -0.01%
GIC F -0.01%
CHPT D -0.01%
VVI D -0.01%
ASTE F -0.01%
NKLA F -0.01%
DXPE B -0.01%
GRC F -0.01%
CECO B -0.01%
DCO B -0.01%
AMRC C -0.01%
SAVE F -0.0%
PTSI C -0.0%
SES F -0.0%
TTEC F -0.0%
BBCP D -0.0%
STEM F -0.0%
SPWR F -0.0%
SNCY F -0.0%
FORR F -0.0%
TASK B -0.0%
ASLE D -0.0%
ATSG C -0.0%
OFLX F -0.0%
CTOS F -0.0%
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