CLSE vs. FTLS ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to First Trust Long/Short Equity (FTLS)
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 *

348

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

First Trust Long/Short Equity

FTLS Description The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.61

Average Daily Volume

153,476

Number of Holdings *

517

* may have additional holdings in another (foreign) market
Performance
Period CLSE FTLS
30 Days 1.86% -0.18%
60 Days 4.98% 0.74%
90 Days 12.03% 1.58%
12 Months 40.96% 19.65%
151 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in FTLS Overlap
AAP D -0.29% -0.06% -0.29%
AAPL B 0.95% 3.73% 0.95%
ABBV D 0.85% 1.77% 0.85%
ADC B -0.12% -0.04% -0.12%
AEE C -0.11% -0.09% -0.11%
AES B -0.11% -0.08% -0.11%
AGNC C -0.28% -0.07% -0.28%
AJG C -0.14% -0.13% -0.14%
ALLY B -0.18% 0.48% -0.18%
AMZN A 3.29% 2.42% 2.42%
ANET C 1.72% 0.16% 0.16%
APD C -0.2% -0.24% -0.24%
AR B -0.3% 0.14% -0.3%
AXSM B -0.16% 0.19% -0.16%
AYI C 0.54% 0.19% 0.19%
BA F -0.47% -0.49% -0.49%
BAC B 0.76% -0.28% -0.28%
BANC C -0.2% 0.12% -0.2%
BCO B 0.38% 0.07% 0.07%
BE C -0.19% -0.04% -0.19%
BG B 0.71% 0.17% 0.17%
BILL F -0.44% 0.13% -0.44%
BIO F -0.27% -0.03% -0.27%
BKNG B 0.41% 1.3% 0.41%
BOOT B -0.12% 0.26% -0.12%
BRBR C 0.78% 0.22% 0.22%
CAH F 0.49% 0.64% 0.49%
CAR D -0.3% -0.08% -0.3%
CARR A -0.36% -0.15% -0.36%
CGNX B -0.43% -0.04% -0.43%
CHH F -0.16% -0.03% -0.16%
CNC C 0.62% 0.15% 0.15%
CNM A 0.5% 0.49% 0.49%
CNX B -0.27% -0.04% -0.27%
COF B -0.17% 1.21% -0.17%
COHR D -0.55% -0.06% -0.55%
COLD F -0.1% -0.03% -0.1%
CRL D -0.41% -0.06% -0.41%
CROX C -0.1% 0.53% -0.1%
D B -0.37% -0.16% -0.37%
DECK D 0.18% 0.76% 0.18%
DOC A -0.09% -0.08% -0.09%
DOCU B 1.1% 0.15% 0.15%
DPZ B 0.5% -0.16% -0.16%
DV F -0.36% -0.02% -0.36%
EBAY D 0.68% -0.03% -0.03%
EL F -0.24% -0.2% -0.24%
EME A 0.73% 0.31% 0.31%
EVRG B 0.46% -0.09% -0.09%
EXP A 0.46% 0.19% 0.19%
FCNCA B -0.08% 0.17% -0.08%
FDX D 0.3% -0.36% -0.36%
FIS C -0.27% -0.2% -0.27%
FIVN F -0.41% -0.02% -0.41%
FLNC C -0.17% -0.04% -0.17%
FMC B -0.2% -0.06% -0.2%
FSLR B -0.24% -0.24% -0.24%
FTDR B 0.6% 0.09% 0.09%
GE A -0.37% -0.39% -0.39%
GFF C 0.68% 0.09% 0.09%
GOOG B 2.4% 1.19% 1.19%
GOOGL B 2.6% 1.4% 1.4%
GS A -0.29% 0.17% -0.29%
HALO C 0.83% 0.16% 0.16%
HAS B -0.09% -0.03% -0.09%
HQY D 0.52% -0.03% -0.03%
IBM D 1.29% 0.13% 0.13%
INSP D -0.44% -0.02% -0.44%
INTC F -0.73% -0.33% -0.73%
JBHT F -0.08% -0.08% -0.08%
JPM B 0.88% 0.78% 0.78%
KDP B -0.26% -0.18% -0.26%
KMPR B -0.15% -0.02% -0.15%
KMX D -0.37% -0.07% -0.37%
KNF C 0.61% 0.09% 0.09%
KNX D -0.12% -0.06% -0.12%
KR B 0.32% -0.13% -0.13%
KVUE C -0.16% 0.15% -0.16%
LAD D -0.33% -0.03% -0.33%
LDOS A 0.44% 0.17% 0.17%
LITE F -0.54% -0.04% -0.54%
LLY C 0.84% 0.9% 0.84%
LNC C -0.21% -0.03% -0.21%
LOPE B 0.58% 0.1% 0.1%
LPX A -0.12% 0.18% -0.12%
MARA C -0.51% 0.15% -0.51%
MASI D -0.26% -0.04% -0.26%
MCK B 0.69% 0.16% 0.16%
META D 2.21% 1.48% 1.48%
MLI B 0.64% 0.11% 0.11%
MO A 0.74% 1.2% 0.74%
MODG B -0.08% -0.03% -0.08%
MP D -0.21% -0.03% -0.21%
MPC D 0.83% 0.15% 0.15%
MSFT C 3.35% 4.37% 3.35%
MU B 2.13% -0.25% -0.25%
NARI F -0.18% -0.02% -0.18%
NDAQ D -0.23% -0.08% -0.23%
NTAP B 1.8% 0.54% 0.54%
NTLA F -0.22% 0.12% -0.22%
NU C 0.56% 0.92% 0.56%
NVDA B 3.67% 3.92% 3.67%
OC B 0.59% 0.38% 0.38%
ORCL D -0.26% -0.47% -0.47%
PBF D 0.8% 0.33% 0.33%
PLTR D 0.51% 0.13% 0.13%
PNM C -0.08% -0.04% -0.08%
PSTG C 0.31% -0.11% -0.11%
PSX D 0.74% 0.15% 0.15%
QCOM B 2.44% 1.5% 1.5%
QQQ C -0.61% 0.75% -0.61%
RGA A 0.43% 0.17% 0.17%
RH D -0.46% -0.1% -0.46%
RIOT F -0.42% 0.13% -0.42%
RIVN F -0.23% -0.23% -0.23%
RRC B -0.11% -0.05% -0.11%
RS D 0.32% 0.21% 0.21%
RUN D -0.18% -0.03% -0.18%
SITM C -0.71% -0.01% -0.71%
SJM F -0.16% -0.09% -0.16%
SMCI D 0.72% 0.11% 0.11%
SNX A 1.71% 0.18% 0.18%
SPOT B 0.95% 1.51% 0.95%
SPR D -0.15% -0.06% -0.15%
SPT F -0.24% -0.01% -0.24%
SUI D -0.09% -0.06% -0.09%
SUM D 0.0% 0.1% 0.0%
SYF B 0.91% 0.16% 0.16%
T B 0.91% -0.39% -0.39%
TECH B -0.5% -0.05% -0.5%
TMDX B -0.27% -0.04% -0.27%
TSLA D -0.22% -0.21% -0.22%
TSN B 0.71% 0.16% 0.16%
TTWO D -0.3% -0.17% -0.3%
TXG F -0.12% 0.12% -0.12%
TXN A -0.47% -0.56% -0.56%
U F -0.5% -0.03% -0.5%
UEC B -0.23% -0.04% -0.23%
UHS D 0.47% 0.15% 0.15%
VFC F -0.14% 0.34% -0.14%
VLO D 0.73% 0.16% 0.16%
VRT A 0.7% 0.21% 0.21%
VSAT D -0.43% -0.01% -0.43%
VST B 0.6% 0.23% 0.23%
VTR B -0.1% -0.07% -0.1%
WBD F -0.45% 0.69% -0.45%
WDC B 0.31% -0.23% -0.23%
WOLF F -0.58% -0.07% -0.58%
XOM B 0.74% 0.64% 0.64%
ZBRA A -0.58% -0.07% -0.58%
ZWS C -0.15% 0.11% -0.15%
CLSE Overweight 197 Positions Relative to FTLS
Symbol Grade Weight
AMAT C 2.16%
APP B 2.1%
NTNX A 1.67%
CRWD C 1.36%
WMT C 1.35%
PYPL C 1.23%
HD D 1.08%
NFLX C 1.07%
APPF B 1.04%
MUSA D 0.96%
STNE C 0.95%
PAGS D 0.95%
AMG D 0.91%
COIN D 0.89%
PFE D 0.89%
SEIC C 0.88%
AMGN B 0.87%
OGN B 0.86%
VTRS C 0.86%
TW A 0.86%
MTG B 0.86%
JNJ F 0.85%
UBER D 0.82%
MRK B 0.81%
IIPR B 0.78%
IESC A 0.77%
PPC A 0.74%
FITB A 0.73%
PG A 0.73%
WFC A 0.71%
F D 0.67%
STRL B 0.63%
GDDY A 0.62%
UMBF C 0.62%
ITRI A 0.62%
PEGA D 0.62%
THC A 0.61%
CI D 0.6%
GM B 0.59%
AGO D 0.58%
SKYW B 0.58%
DVA B 0.56%
BLDR D 0.55%
PGR A 0.54%
GMS C 0.54%
BCC D 0.54%
CAT D 0.52%
NEE B 0.51%
AMR D 0.51%
REZI D 0.48%
HIG C 0.47%
CNA B 0.47%
EXC B 0.45%
HRB B 0.44%
SAIC C 0.41%
SLVM A 0.41%
APA F 0.39%
NSA D 0.38%
SPG C 0.38%
STLD D 0.38%
GLPI D 0.37%
J D 0.36%
GRMN A 0.36%
STAG D 0.34%
IBP D 0.33%
PEG A 0.33%
SR B 0.33%
CVI F 0.33%
BLD D 0.32%
FIX A 0.32%
BAH B 0.31%
CVNA B 0.31%
RPRX F 0.29%
OMI F 0.29%
AMRX B 0.28%
SPGI C 0.28%
AMP C 0.26%
UNP C 0.24%
NEU D 0.24%
ANF B 0.23%
MGM F 0.21%
NTRA B 0.2%
LNTH B 0.18%
AEO B 0.17%
SKT D 0.14%
FG B 0.14%
FCX B 0.14%
MOD A 0.13%
PHM B 0.11%
DOCS F 0.11%
VCTR A 0.09%
DNUT F -0.05%
AWR C -0.06%
TROX B -0.07%
DRVN F -0.07%
HTZ F -0.07%
PYCR F -0.08%
IAS F -0.08%
PTCT C -0.08%
JOBY D -0.08%
ENPH F -0.08%
PLNT D -0.09%
CWST C -0.09%
ATI B -0.09%
MCW C -0.09%
RYAN D -0.09%
LGIH F -0.09%
ACVA D -0.1%
PCH D -0.1%
EXR D -0.11%
CHK B -0.11%
CHDN B -0.11%
DAY F -0.11%
WTW D -0.11%
VAC D -0.11%
MDU A -0.12%
GOGL A -0.12%
TFC B -0.13%
IPAR F -0.14%
AXON B -0.15%
CRS B -0.15%
AVAV A -0.15%
LFST B -0.15%
O B -0.15%
CZR F -0.15%
RBA D -0.15%
CNXC D -0.16%
WTM A -0.16%
XYL A -0.16%
MTN F -0.17%
WAFD B -0.17%
FOXF F -0.17%
ARWR F -0.17%
HAYW C -0.17%
GPOR C -0.17%
FL F -0.17%
UCBI B -0.17%
FOUR F -0.18%
UHAL B -0.18%
GME B -0.18%
IOVA D -0.18%
GPI B -0.18%
PR B -0.19%
GATX C -0.19%
SRE B -0.19%
DG D -0.19%
IRT B -0.19%
WAL B -0.19%
HASI A -0.2%
PPBI C -0.2%
SBCF C -0.2%
SHC F -0.22%
ROG C -0.22%
EQT B -0.22%
PRCT B -0.22%
ATO A -0.23%
IRTC F -0.23%
ASB A -0.24%
DLTR F -0.25%
CG D -0.25%
GO F -0.25%
EVH F -0.25%
RNR C -0.26%
FNB A -0.26%
NOG B -0.26%
LW F -0.26%
NNI B -0.27%
CABO F -0.27%
GTLS B -0.28%
NOVT D -0.28%
UI D -0.29%
NEOG F -0.29%
TOST A -0.29%
PFSI B -0.3%
MS A -0.31%
FIVE F -0.32%
ALB C -0.32%
NXST C -0.34%
RVMD B -0.35%
BX D -0.35%
IBKR B -0.35%
FYBR B -0.36%
CFLT C -0.37%
TGNA D -0.38%
IAC B -0.39%
ZI F -0.4%
MSGS B -0.41%
UTHR B -0.42%
LBRDK F -0.42%
SATS C -0.42%
DAR D -0.43%
ASAN F -0.45%
MSTR D -0.45%
FND D -0.47%
GFS D -0.48%
ALGM D -0.54%
KLIC D -0.59%
CLSE Underweight 366 Positions Relative to FTLS
Symbol Grade Weight
C A -2.19%
BMY F -1.62%
SBUX F -1.6%
GILD F -1.55%
MCHP B -1.45%
PINS A -1.43%
DKNG D -1.33%
DASH D -1.25%
BRK.A D -1.04%
TEAM F -0.98%
LEN D -0.93%
ETSY F -0.93%
LNG D -0.91%
PBR A -0.89%
AVGO C -0.89%
W C -0.88%
TDG A -0.79%
PPG D -0.74%
EA F -0.73%
NTES F -0.64%
V C -0.62%
IFF A -0.61%
BBY D -0.61%
LYV D -0.59%
LI F -0.55%
MA D -0.53%
GNRC B -0.48%
CLF F -0.48%
MNDY D -0.48%
TEVA B -0.45%
DGX B -0.45%
NVR D -0.45%
GSK A -0.45%
WSO B -0.44%
MKC B -0.43%
BBWI C -0.42%
RL D -0.4%
EXAS F -0.38%
OVV C -0.38%
TPR D -0.38%
XP D -0.37%
CCK C -0.36%
MAS D -0.36%
DBX F -0.32%
ALLE D -0.31%
INCY D -0.31%
STNG A -0.29%
TAL B -0.29%
ROL B -0.27%
CIVI B -0.27%
SEE C -0.26%
AGCO F -0.26%
IEX D -0.26%
ERIC C -0.26%
EWBC A -0.25%
MUR C -0.24%
WMS C -0.23%
AOS C -0.23%
KBH B -0.22%
AXTA A -0.22%
MEDP D -0.22%
BECN C -0.22%
SNA D -0.21%
OZK B -0.2%
PII F -0.2%
NRG B -0.19%
OLN D -0.19%
CRBG A -0.19%
ITCI C -0.19%
YETI F -0.19%
RPM D -0.19%
SM B -0.18%
IONS F -0.18%
PDD B -0.18%
PAA B -0.18%
PFGC D -0.18%
PCG B -0.17%
MGY B -0.17%
COLB C -0.17%
OSCR A -0.17%
HRL B -0.17%
EQH A -0.17%
NVT A -0.17%
PRU A -0.16%
ELV A -0.16%
FN C -0.16%
JCI B -0.16%
ALNY D -0.16%
ALL B -0.16%
FCN B -0.16%
WLK B -0.16%
SKX B -0.16%
BIIB C -0.15%
MIDD F -0.15%
CHX D -0.15%
ROK F -0.15%
HSIC D -0.15%
HXL C -0.15%
ARMK C -0.15%
MLM C -0.15%
OSK D -0.15%
GL F -0.15%
L A -0.15%
MCO C -0.15%
APG D -0.14%
CFR D -0.14%
ICLR D -0.14%
DOX D -0.14%
FROG D -0.14%
BR D -0.14%
DIS D -0.14%
TWLO D -0.14%
RGLD B -0.14%
ATR A -0.14%
HUBS D -0.14%
WU C -0.14%
CRUS A -0.13%
CRI F -0.13%
MT F -0.13%
TDC F -0.13%
ALPN A -0.13%
MOH D -0.13%
CTSH D -0.13%
ACAD F -0.13%
RMBS F -0.13%
SITE F -0.13%
FR D -0.13%
AMD D -0.12%
DDS C -0.12%
EXPE F -0.12%
CORT D -0.12%
INGR A -0.12%
AM A -0.11%
CVS F -0.11%
CBRL F -0.11%
GLBE F -0.11%
FOLD F -0.11%
COLM B -0.11%
CTRE B -0.11%
SIGI F -0.1%
GBCI C -0.1%
XRX F -0.1%
KTB B -0.1%
LOGI D -0.1%
NSP C -0.1%
IRDM D -0.1%
INMD F -0.1%
YELP D -0.1%
TPG D -0.1%
HWC B -0.09%
SHOO D -0.09%
ENV B -0.09%
FSLY F -0.09%
AMBA F -0.09%
CPA C -0.09%
HIMS D -0.09%
DBRG F -0.09%
HESM C -0.09%
SBLK A -0.09%
SLGN B -0.08%
ARVN D -0.08%
DHT A -0.08%
LANC D -0.08%
TNET F -0.08%
FDMT D -0.08%
FSS B -0.08%
BOH D -0.08%
WTS C -0.08%
DK D -0.08%
CBSH A -0.08%
LCII D -0.08%
TRMD B -0.07%
YOU F -0.07%
VSTS F -0.07%
OI F -0.07%
BCRX D -0.07%
BDC C -0.07%
ACLX D -0.07%
BCPC C -0.06%
PTGX D -0.06%
ASR B -0.06%
BKE C -0.06%
BHF D -0.06%
CSWI A -0.06%
WNC D -0.05%
CUBI D -0.05%
PCRX D -0.05%
FHB B -0.05%
FELE D -0.05%
ATRC F -0.04%
NTCT F -0.04%
CALX F --0.01%
PINC F --0.01%
SDGR F --0.01%
NEP C --0.02%
TPL C --0.02%
PEN F --0.02%
PENN F --0.02%
AGL F --0.02%
WK F --0.02%
FRSH F --0.02%
LMND C --0.02%
CLVT F --0.02%
POWI C --0.02%
MQ D --0.02%
IDA B --0.02%
GPRE F --0.02%
VAL C --0.03%
BRX C --0.03%
VSCO F --0.03%
TFX F --0.03%
BSY A --0.03%
SEDG F --0.03%
RMD B --0.03%
NSIT A --0.03%
NVST F --0.03%
ALIT F --0.03%
OMF B --0.03%
WTRG B --0.03%
XEL C --0.03%
WEC B --0.03%
EGP D --0.03%
HAL F --0.03%
LSTR D --0.03%
GT D --0.03%
ENVX C --0.03%
MET C --0.03%
GPS D --0.03%
FOX B --0.03%
PODD C --0.03%
IVZ D --0.03%
G D --0.03%
DXCM D --0.03%
WBS D --0.03%
COTY F --0.03%
SMAR D --0.03%
ROKU F --0.03%
BEN F --0.04%
ELS D --0.04%
TTC F --0.04%
REG F --0.04%
ONTO B --0.04%
LKQ D --0.04%
OLLI B --0.04%
QS F --0.04%
MKSI D --0.04%
ACM C --0.04%
SOLV C --0.04%
TRMB D --0.04%
FRT B --0.04%
VNO F --0.04%
SLG B --0.04%
NNN B --0.04%
RHI D --0.04%
NDSN C --0.04%
AVY A --0.05%
JWN B --0.05%
AMCR A --0.05%
TXT D --0.05%
MKTX F --0.05%
MHK D --0.05%
CIEN D --0.05%
XRAY F --0.05%
GKOS B --0.05%
KBR B --0.05%
GWRE C --0.05%
FNF B --0.05%
ESS A --0.06%
CMA B --0.06%
INVH B --0.06%
VRSN F --0.06%
BXP F --0.06%
PNW B --0.06%
WPC C --0.06%
IRM C --0.06%
MAA B --0.07%
NI A --0.07%
WAT D --0.07%
CHRW C --0.07%
FTV D --0.07%
CNP B --0.07%
TRU C --0.07%
FTI B --0.07%
UDR B --0.07%
FE A --0.08%
EQR A --0.08%
ARE D --0.08%
CBRE D --0.08%
AMH B --0.08%
CPB B --0.08%
CHD A --0.08%
IP C --0.08%
HOLX D --0.08%
DTE A --0.08%
GEV C --0.09%
PPL A --0.09%
EG C --0.09%
Z F --0.09%
CLX F --0.09%
LH F --0.09%
AVTR D --0.09%
GLW B --0.09%
EXPD D --0.09%
PTC D --0.09%
ADM C --0.1%
CSGP C --0.1%
K B --0.1%
AKAM D --0.1%
HPE D --0.1%
AVB A --0.1%
MTD D --0.1%
CHWY F --0.1%
STX C --0.11%
AFL A --0.11%
EFX D --0.11%
WST D --0.11%
ES B --0.11%
EIX A --0.11%
GEHC D --0.12%
IQV D --0.12%
KEYS D --0.12%
FICO C --0.12%
A C --0.12%
TER B --0.12%
VEEV D --0.12%
AA B --0.13%
OXY C --0.13%
CTVA B --0.13%
ECL A --0.14%
GPN F --0.14%
KMI A --0.15%
WELL A --0.15%
LHX A --0.15%
DLR D --0.16%
NSC D --0.16%
BKR D --0.16%
EQIX F --0.16%
DD A --0.16%
STZ D --0.16%
LYFT C --0.16%
KHC C --0.18%
TSCO B --0.18%
CEG A --0.18%
CSCO D --0.19%
CCI D --0.19%
ORLY D --0.21%
MMM B --0.23%
AMT D --0.23%
NOC B --0.24%
DELL B --0.24%
ETN A --0.26%
BLK D --0.27%
CHTR F --0.27%
NEM B --0.31%
ISRG D --0.33%
UPS D --0.33%
ADBE D --0.34%
DHR C --0.37%
SCHW A --0.38%
MRVL D --0.4%
TMUS B --0.42%
RTX A --0.43%
HUM F --0.46%
VZ D --0.47%
TMO D --0.5%
PEP B --0.58%
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