CLSE vs. FLCG ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Federated Hermes MDT Large Cap Growth ETF (FLCG)

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

$23.59

Average Daily Volume

65,624

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

FLCG

Federated Hermes MDT Large Cap Growth ETF

FLCG Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap investments and growth investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.30

Average Daily Volume

2,138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	FLCG
30 Days	4.18%	3.81%
60 Days	7.10%	6.85%
90 Days	9.38%	10.48%
12 Months	39.93%

36 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in FLCG	Overlap
AAPL	C	0.83%	11.09%	0.83%
ABBV	F	0.72%	1.29%	0.72%
ABNB	C	-0.34%	0.0%	-0.34%
ALSN	B	0.66%	0.93%	0.66%
AMZN	C	2.53%	5.58%	2.53%
ANET	C	1.83%	2.13%	1.83%
APP	B	2.25%	1.31%	1.31%
AVGO	D	2.28%	0.32%	0.32%
CAH	B	0.86%	0.08%	0.08%
COR	B	0.86%	0.8%	0.8%
CVNA	B	1.85%	0.11%	0.11%
DELL	B	-0.25%	0.69%	-0.25%
DUOL	A	0.45%	0.02%	0.02%
GDDY	A	1.42%	2.61%	1.42%
GOOGL	C	3.47%	6.78%	3.47%
GTLB	B	-0.32%	0.09%	-0.32%
ILMN	C	0.1%	0.49%	0.1%
INCY	C	0.07%	0.38%	0.07%
LRCX	F	0.0%	0.04%	0.0%
LYV	A	-0.3%	0.19%	-0.3%
META	D	3.3%	4.06%	3.3%
MSCI	C	-0.27%	0.18%	-0.27%
MUSA	B	0.2%	0.29%	0.2%
NFLX	A	0.79%	0.61%	0.61%
NTAP	C	1.0%	0.04%	0.04%
NTNX	B	1.16%	1.65%	1.16%
NVDA	B	4.61%	9.38%	4.61%
ORCL	A	1.33%	0.89%	0.89%
PGR	A	0.46%	0.64%	0.46%
PLTR	B	1.02%	0.0%	0.0%
QCOM	F	1.73%	2.36%	1.73%
STNE	F	-0.27%	0.27%	-0.27%
TSLA	B	1.22%	1.07%	1.07%
VRT	B	0.68%	0.9%	0.68%
VRTX	D	0.23%	0.32%	0.23%
ZI	D	-0.36%	0.1%	-0.36%

CLSE Overweight 301 Positions Relative to FLCG

Symbol	Grade	Weight
MU	D	2.13%
HPE	B	1.92%
WMT	A	1.82%
IDCC	B	1.51%
CVLT	B	1.4%
DOCU	B	1.37%
PYPL	B	1.33%
ACIW	B	1.3%
JHG	B	1.21%
HD	B	1.13%
SYF	B	1.11%
BMY	B	1.11%
NTRS	A	1.08%
GILD	C	1.07%
SNEX	B	1.06%
LNG	A	0.97%
SEIC	B	0.95%
HALO	F	0.9%
AMRX	C	0.9%
BFH	C	0.88%
GM	C	0.87%
PPC	C	0.85%
GVA	A	0.84%
MLI	B	0.84%
CARG	B	0.83%
JNJ	C	0.83%
BAC	A	0.81%
PRIM	A	0.8%
MO	A	0.79%
THC	D	0.78%
FITB	B	0.78%
DVA	C	0.78%
IESC	C	0.77%
CPNG	D	0.77%
EME	A	0.75%
WFC	A	0.75%
CNX	A	0.74%
FTI	A	0.74%
UTHR	C	0.73%
PNC	B	0.72%
RF	A	0.72%
STRL	A	0.71%
ZION	B	0.71%
CMA	B	0.71%
NRG	B	0.71%
UHS	D	0.7%
TMUS	B	0.7%
CEIX	A	0.7%
GEN	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%
FTDR	B	0.58%
AMG	B	0.58%
LDOS	C	0.55%
VST	A	0.55%
RGA	A	0.55%
GLW	B	0.52%
MET	A	0.52%
SLVM	B	0.5%
GOOG	C	0.49%
UI	B	0.49%
EXP	B	0.48%
CACI	D	0.48%
PNW	A	0.48%
AVA	A	0.47%
UNP	C	0.47%
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%
JXN	C	0.39%
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%
VLO	C	0.29%
T	A	0.29%
MDT	D	0.29%
IIPR	D	0.28%
APA	D	0.25%
NVR	D	0.24%
MATX	C	0.22%
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%
AEIS	C	0.07%
HQY	A	0.07%
QQQ	B	0.0%
LNTH	D	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%
COOP	B	-0.07%
CCS	D	-0.07%
BC	C	-0.08%
JOE	F	-0.08%
AES	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%
ENPH	F	-0.11%
CGON	F	-0.11%
EL	F	-0.12%
RBA	A	-0.12%
FL	F	-0.12%
PCH	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%
REXR	F	-0.14%
ARWR	D	-0.14%
MKL	A	-0.14%
AA	A	-0.14%
EQIX	A	-0.14%
CZR	F	-0.15%
COLD	D	-0.15%
APD	A	-0.15%
GTLS	A	-0.15%
CRL	D	-0.15%
RNR	C	-0.15%
DRVN	B	-0.15%
NARI	C	-0.16%
FIVN	C	-0.16%
BHF	C	-0.16%
XPO	B	-0.16%
OSK	C	-0.16%
LGIH	F	-0.16%
DAR	C	-0.16%
ALB	B	-0.16%
UHAL	D	-0.16%
AGO	B	-0.16%
EW	C	-0.16%
SITE	F	-0.16%
SW	A	-0.17%
TEX	F	-0.17%
TREX	C	-0.17%
MDGL	B	-0.17%
LKQ	F	-0.17%
MASI	B	-0.17%
AJG	A	-0.17%
KRG	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%
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%
MTN	C	-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%
ELF	C	-0.24%
IONS	F	-0.24%
GPOR	B	-0.24%
CELH	F	-0.24%
HSY	F	-0.24%
LW	C	-0.25%
KEY	B	-0.25%
BILL	A	-0.26%
NEOG	F	-0.26%
AUR	C	-0.26%
AWK	C	-0.26%
VAL	F	-0.27%
FOUR	A	-0.27%
TEAM	A	-0.27%
PTEN	C	-0.27%
MNST	C	-0.28%
SOFI	B	-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%
APLS	F	-0.3%
APTV	F	-0.32%
VVV	D	-0.33%
CCOI	B	-0.33%
LPLA	A	-0.34%
ZBRA	B	-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%
BEN	C	-0.36%
ON	D	-0.39%
DG	F	-0.4%
SATS	D	-0.4%
BA	F	-0.4%
RBLX	C	-0.41%
DLTR	F	-0.41%
PINS	F	-0.41%
U	C	-0.41%
RIVN	F	-0.42%
TTWO	A	-0.43%
WBD	B	-0.43%
SNPS	B	-0.44%
ALGM	D	-0.45%
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%
FIVE	F	-0.56%
NWS	A	-0.57%
WST	C	-0.59%
LITE	B	-0.6%
POOL	C	-0.61%
MCHP	F	-0.63%
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 57 Positions Relative to FLCG

Symbol	Grade	Weight
MSFT	D	-9.63%
AMP	A	-2.67%
COST	A	-2.4%
SPOT	B	-2.34%
VLTO	C	-2.17%
FTNT	C	-1.86%
AMAT	F	-1.39%
WING	D	-1.15%
MA	B	-1.14%
LLY	F	-1.12%
SN	D	-1.04%
ADBE	C	-0.95%
NOW	A	-0.9%
PAYC	B	-0.8%
RCL	A	-0.77%
DASH	B	-0.76%
AMGN	F	-0.71%
EBAY	D	-0.7%
KMB	C	-0.69%
DDOG	A	-0.64%
ORLY	B	-0.63%
CRM	B	-0.55%
MRK	D	-0.52%
PPG	F	-0.49%
ZM	C	-0.47%
TJX	A	-0.39%
INTU	B	-0.35%
PEGA	B	-0.33%
RYAN	A	-0.31%
WU	F	-0.26%
ZTS	D	-0.25%
CI	D	-0.25%
PANW	B	-0.22%
HUBS	A	-0.21%
TT	A	-0.2%
UBER	F	-0.14%
AZO	C	-0.13%
REGN	F	-0.12%
ALGN	D	-0.1%
AYI	B	-0.09%
MCO	B	-0.07%
GEHC	D	-0.07%
ELV	F	-0.07%
ADSK	A	-0.07%
DPZ	C	-0.06%
BAX	F	-0.06%
FMC	D	-0.06%
ADP	A	-0.05%
KLAC	F	-0.04%
PAYX	B	-0.04%
ALLY	C	-0.04%
NCLH	B	-0.04%
ULTA	F	-0.03%
PEP	F	-0.01%
ALNY	D	-0.01%
PSTG	D	-0.01%
CMG	B	-0.0%