CLSE vs. FMCX ETF Comparison
Comparison of Convergence Long/Short Equity ETF (CLSE) to FMC Excelsior Focus Equity ETF (FMCX)
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
FMCX
FMC Excelsior Focus Equity ETF
FMCX Description
The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.80
Average Daily Volume
75
Number of Holdings
*
52
* may have additional holdings in another (foreign) market
Performance
| Period | CLSE | FMCX |
|---|---|---|
| 30 Days | 4.18% | 0.15% |
| 60 Days | 7.10% | 2.99% |
| 90 Days | 9.38% | 6.20% |
| 12 Months | 39.93% | 25.02% |
14 Overlapping Holdings
| Symbol | Grade | Weight in CLSE | Weight in FMCX | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 0.83% | 6.93% | 0.83% | |
| AMZN | C | 2.53% | 5.01% | 2.53% | |
| ARWR | D | -0.14% | 0.72% | -0.14% | |
| BKNG | A | 0.44% | 0.19% | 0.19% | |
| EQR | C | 0.35% | 0.3% | 0.3% | |
| GDDY | A | 1.42% | 4.98% | 1.42% | |
| GILD | C | 1.07% | 0.87% | 0.87% | |
| GOOG | C | 0.49% | 0.5% | 0.49% | |
| GOOGL | C | 3.47% | 1.77% | 1.77% | |
| JPM | A | 0.64% | 0.3% | 0.3% | |
| MO | A | 0.79% | 0.84% | 0.79% | |
| MUSA | B | 0.2% | 0.4% | 0.2% | |
| PG | C | 0.45% | 1.3% | 0.45% | |
| PYPL | B | 1.33% | 3.9% | 1.33% |
CLSE Overweight 323 Positions Relative to FMCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | 4.61% | |
| META | D | 3.3% | |
| AVGO | D | 2.28% | |
| APP | B | 2.25% | |
| MU | D | 2.13% | |
| HPE | B | 1.92% | |
| CVNA | B | 1.85% | |
| ANET | C | 1.83% | |
| WMT | A | 1.82% | |
| QCOM | F | 1.73% | |
| IDCC | B | 1.51% | |
| CVLT | B | 1.4% | |
| DOCU | B | 1.37% | |
| 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% | |
| SNEX | B | 1.06% | |
| PLTR | B | 1.02% | |
| 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% | |
| GVA | A | 0.84% | |
| MLI | B | 0.84% | |
| CARG | B | 0.83% | |
| JNJ | C | 0.83% | |
| BAC | A | 0.81% | |
| PRIM | A | 0.8% | |
| NFLX | 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% | |
| ABBV | F | 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% | |
| VRT | B | 0.68% | |
| APH | A | 0.67% | |
| UMBF | B | 0.66% | |
| ALSN | B | 0.66% | |
| MTZ | B | 0.66% | |
| AVT | C | 0.66% | |
| MWA | B | 0.65% | |
| BLK | B | 0.65% | |
| 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% | |
| UI | B | 0.49% | |
| EXP | B | 0.48% | |
| CACI | D | 0.48% | |
| PNW | A | 0.48% | |
| AVA | A | 0.47% | |
| UNP | C | 0.47% | |
| PGR | A | 0.46% | |
| DUOL | A | 0.45% | |
| ALL | A | 0.45% | |
| 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% | |
| 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% | |
| VRTX | D | 0.23% | |
| 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% | |
| 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% | |
| 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% | |
| 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% | |
| DELL | B | -0.25% | |
| 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% | |
| STNE | F | -0.27% | |
| TEAM | A | -0.27% | |
| MSCI | C | -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% | |
| LYV | A | -0.3% | |
| NDAQ | A | -0.3% | |
| APLS | F | -0.3% | |
| APTV | F | -0.32% | |
| 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% | |
| 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 38 Positions Relative to FMCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| UNH | B | -6.84% | |
| KKR | A | -6.14% | |
| IAC | F | -5.35% | |
| MSFT | D | -4.79% | |
| LBRDK | C | -4.24% | |
| LSXMK | D | -4.22% | |
| GGG | B | -3.98% | |
| MTCH | D | -3.18% | |
| LSXMA | D | -1.79% | |
| LBRDA | C | -1.74% | |
| PM | B | -1.21% | |
| YUM | D | -1.18% | |
| CMCSA | B | -1.13% | |
| MCD | D | -1.12% | |
| AMGN | F | -1.11% | |
| KEYS | A | -1.06% | |
| VUSB | A | -0.92% | |
| ICSH | A | -0.92% | |
| CL | D | -0.85% | |
| ENTG | D | -0.82% | |
| NKE | F | -0.68% | |
| HON | C | -0.6% | |
| DHR | F | -0.55% | |
| BAX | F | -0.47% | |
| YUMC | C | -0.42% | |
| SPGI | C | -0.37% | |
| MTX | B | -0.33% | |
| KEX | B | -0.33% | |
| MUR | D | -0.25% | |
| V | A | -0.21% | |
| FWONK | A | -0.21% | |
| FLWS | D | -0.15% | |
| GD | D | -0.13% | |
| BATRK | D | -0.11% | |
| PNR | A | -0.1% | |
| FWONA | A | -0.05% | |
| VMEO | B | -0.03% | |
| BATRA | F | -0.02% |
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Banks - Regional - US
Semiconductors
Asset Management
Diagnostics & Research
Engineering & Construction
Software - Infrastructure
Insurance - Property & Casualty
Building Materials
Internet Content & Information
Business Services
Capital Markets
Communication Equipment
Credit Services
Diversified Industrials
Information Technology Services
Leisure
Medical Devices
Oil & Gas E&P
FMCX: Top Represented Industries & Keywords
Industries:
Internet Content & Information
Diversified Industrials
Pay TV
Restaurants
Specialty Retail
Broadcasting - Radio
Broadcasting - TV
Credit Services
Drug Manufacturers - Major
Household & Personal Products
Media - Diversified
Tobacco
Aerospace & Defense
Asset Management
Banks - Global
Biotechnology
Capital Markets
Chemicals
Consumer Electronics
Diagnostics & Research
Keywords:
S&P 500
Nasdaq 100
Dow Jones Component
Liberty Media
Atlanta Braves
Computing
Formula One
Hyperscale
Major League Baseball
Work From Home
Advertising Services
Baseball
Broadband
Chemical
Connected Vehicle Applications
Consumer Products
Disease
Electronics Manufacturers
Infotainment
Infotainment Services
Compare ETFs
