CLSE vs. FYT ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to First Trust Small Cap Value AlphaDEX Fund (FYT)
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

66,024

Number of Holdings *

337

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

First Trust Small Cap Value AlphaDEX Fund

FYT Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq AlphaDEX® Small Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

Grade (RS Rating)

Last Trade

$59.55

Average Daily Volume

10,617

Number of Holdings *

256

* may have additional holdings in another (foreign) market
Performance
Period CLSE FYT
30 Days 4.69% 9.77%
60 Days 6.81% 7.74%
90 Days 9.38% 6.59%
12 Months 39.93% 25.70%
12 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in FYT Overlap
ABM B 0.19% 0.26% 0.19%
AIR B -0.19% 0.13% -0.19%
AVA A 0.47% 0.61% 0.47%
BFH B 0.88% 0.74% 0.74%
BHF B -0.16% 0.13% -0.16%
CCS D -0.07% 0.52% -0.07%
EBC B -0.18% 0.55% -0.18%
ENOV C -0.18% 0.26% -0.18%
GPOR B -0.24% 0.71% -0.24%
LGIH D -0.16% 0.31% -0.16%
MCW B -0.1% 0.14% -0.1%
SNEX B 1.06% 0.31% 0.31%
CLSE Overweight 325 Positions Relative to FYT
Symbol Grade Weight
NVDA C 4.61%
GOOGL C 3.47%
META D 3.3%
AMZN C 2.53%
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 A 1.51%
GDDY A 1.42%
CVLT B 1.4%
DOCU A 1.37%
PYPL B 1.33%
ORCL B 1.33%
ACIW B 1.3%
TSLA B 1.22%
JHG A 1.21%
NTNX A 1.16%
HD A 1.13%
SYF B 1.11%
BMY B 1.11%
NTRS A 1.08%
GILD C 1.07%
PLTR B 1.02%
NTAP C 1.0%
LNG B 0.97%
SEIC B 0.95%
HALO F 0.9%
AMRX C 0.9%
GM B 0.87%
COR B 0.86%
CAH B 0.86%
PPC C 0.85%
GVA A 0.84%
MLI C 0.84%
CARG C 0.83%
AAPL C 0.83%
JNJ D 0.83%
BAC A 0.81%
PRIM A 0.8%
MO A 0.79%
NFLX A 0.79%
THC D 0.78%
FITB A 0.78%
DVA B 0.78%
IESC B 0.77%
CPNG D 0.77%
EME C 0.75%
WFC A 0.75%
CNX A 0.74%
FTI A 0.74%
UTHR C 0.73%
PNC B 0.72%
ABBV D 0.72%
RF A 0.72%
STRL B 0.71%
ZION B 0.71%
CMA A 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 C 0.65%
JPM A 0.64%
CHRW C 0.61%
EXPE B 0.61%
TSN B 0.6%
FFIV B 0.6%
FTDR A 0.58%
AMG B 0.58%
LDOS C 0.55%
VST B 0.55%
RGA A 0.55%
GLW B 0.52%
MET A 0.52%
SLVM B 0.5%
GOOG C 0.49%
UI A 0.49%
EXP A 0.48%
CACI D 0.48%
PNW B 0.48%
UNP C 0.47%
PGR A 0.46%
DUOL A 0.45%
PG A 0.45%
ALL A 0.45%
BKNG A 0.44%
LPX B 0.43%
CTRE D 0.42%
SCCO F 0.41%
RMD C 0.4%
JXN C 0.39%
SR A 0.38%
R B 0.38%
SPG B 0.37%
CNA B 0.37%
CF B 0.37%
GRMN B 0.37%
OUT A 0.36%
EQR B 0.35%
CCL B 0.35%
CDP C 0.34%
RGLD C 0.32%
CNC D 0.31%
PTON B 0.31%
LAMR D 0.31%
J F 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 F 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%
MUSA A 0.2%
BAH F 0.18%
KR B 0.17%
NTRA B 0.17%
BOX B 0.17%
JAZZ B 0.16%
FOXA B 0.14%
EXPD D 0.14%
FN D 0.13%
PRU A 0.13%
VCTR B 0.12%
VCYT B 0.12%
CINF A 0.12%
CDE D 0.11%
ILMN D 0.1%
AEIS B 0.07%
INCY C 0.07%
HQY B 0.07%
QQQ B 0.0%
LNTH D 0.0%
LRCX F 0.0%
PENN C -0.05%
KNX B -0.06%
HGV B -0.06%
HUN F -0.07%
EXAS D -0.07%
RYN D -0.07%
COOP B -0.07%
BC C -0.08%
JOE F -0.08%
AES F -0.08%
FLYW C -0.08%
GNTX C -0.09%
JBLU F -0.09%
NSC B -0.1%
ABG B -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 D -0.12%
DLR B -0.13%
EXR D -0.13%
STLD B -0.13%
AVAV D -0.13%
ALIT C -0.13%
VMC B -0.13%
MLM B -0.13%
BPOP B -0.14%
PYCR C -0.14%
DAY B -0.14%
REXR F -0.14%
ARWR F -0.14%
MKL A -0.14%
AA B -0.14%
EQIX A -0.14%
CZR F -0.15%
COLD D -0.15%
APD A -0.15%
GTLS B -0.15%
CRL C -0.15%
RNR C -0.15%
DRVN B -0.15%
NARI C -0.16%
FIVN C -0.16%
XPO B -0.16%
OSK B -0.16%
DAR C -0.16%
ALB C -0.16%
UHAL D -0.16%
AGO B -0.16%
EW C -0.16%
SITE D -0.16%
SW A -0.17%
TEX D -0.17%
TREX C -0.17%
MDGL B -0.17%
LKQ D -0.17%
MASI A -0.17%
AJG B -0.17%
KRG B -0.17%
CHDN B -0.18%
UEC 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%
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 A -0.21%
WTM A -0.21%
PRCT B -0.22%
BANC A -0.22%
MTN C -0.22%
SAIA B -0.22%
SUM B -0.22%
EQT B -0.23%
PSA D -0.23%
XYL D -0.23%
WTRG B -0.24%
ELF C -0.24%
IONS F -0.24%
CELH F -0.24%
HSY F -0.24%
DELL C -0.25%
LW C -0.25%
KEY B -0.25%
BILL A -0.26%
NEOG F -0.26%
AUR C -0.26%
AWK D -0.26%
VAL D -0.27%
FOUR B -0.27%
STNE F -0.27%
TEAM A -0.27%
MSCI C -0.27%
PTEN C -0.27%
MNST C -0.28%
SOFI A -0.28%
ESTC C -0.29%
MDB C -0.29%
XP F -0.29%
MKTX D -0.29%
CYTK F -0.3%
LYV A -0.3%
NDAQ A -0.3%
APLS D -0.3%
APTV D -0.32%
GTLB B -0.32%
VVV F -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 B -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 D -0.41%
U C -0.41%
RIVN F -0.42%
TTWO A -0.43%
WBD C -0.43%
SNPS B -0.44%
ALGM D -0.45%
DV C -0.45%
CGNX C -0.45%
GE D -0.46%
CDNS B -0.46%
MRNA F -0.47%
SMCI F -0.47%
RH B -0.47%
CFLT B -0.47%
CHTR C -0.48%
CSCO B -0.52%
FND C -0.53%
BRZE C -0.56%
FIVE F -0.56%
NWS B -0.57%
WST C -0.59%
LITE B -0.6%
POOL C -0.61%
MCHP D -0.63%
DXCM D -0.63%
WDC D -0.65%
LSCC D -0.7%
ROP B -0.7%
TXN C -0.81%
INTC D -0.93%
FSLR F -1.26%
CLSE Underweight 244 Positions Relative to FYT
Symbol Grade Weight
CXW B -1.05%
RIOT C -1.01%
GBX A -0.78%
VTLE C -0.75%
BMBL C -0.75%
CTOS C -0.74%
JBT B -0.74%
CUBI C -0.72%
ECVT C -0.72%
TGNA B -0.71%
CABO C -0.71%
DNOW B -0.7%
PINC B -0.69%
GEF A -0.69%
TALO C -0.68%
ULH B -0.68%
HTZ C -0.68%
HELE C -0.67%
KMT B -0.67%
TDS B -0.67%
EIG B -0.67%
CRGY B -0.66%
SPNT A -0.66%
REZI A -0.65%
RLJ C -0.65%
UVV B -0.64%
WS B -0.64%
APLE B -0.64%
GT C -0.63%
BTU B -0.62%
PK B -0.62%
IART C -0.62%
VAC B -0.61%
INVA D -0.61%
KOS F -0.6%
SHO C -0.6%
PLAB C -0.6%
PARR D -0.6%
PRDO B -0.59%
EPC D -0.59%
INDB B -0.59%
GIII D -0.58%
RES D -0.58%
TRMK B -0.58%
PHIN A -0.57%
VC D -0.57%
ZD C -0.57%
BY B -0.57%
PEBO A -0.57%
USM B -0.57%
IMKTA C -0.57%
CAL D -0.56%
WKC D -0.56%
FFBC A -0.56%
FOR F -0.55%
GHC C -0.54%
MRC B -0.53%
GEO B -0.53%
HOV D -0.52%
SAH A -0.52%
SEB F -0.52%
DRH B -0.51%
NWN A -0.51%
VSCO B -0.51%
DBRG F -0.51%
GES F -0.5%
EQC B -0.5%
CVI F -0.5%
AMWD C -0.5%
WMK C -0.5%
CENTA C -0.5%
SCSC B -0.5%
OEC C -0.49%
CRK B -0.49%
LZB B -0.49%
BV B -0.49%
CMCO B -0.49%
LADR B -0.49%
VSH D -0.49%
KSS F -0.48%
SBH C -0.48%
PRG C -0.48%
NWE B -0.48%
HIW D -0.47%
MLKN D -0.47%
NAVI C -0.47%
ANDE D -0.47%
CVBF A -0.46%
ABR C -0.46%
PDCO D -0.45%
CASH A -0.44%
BANR B -0.44%
VSTS C -0.44%
BNL D -0.44%
PLYA B -0.44%
WSBC A -0.43%
CATY B -0.43%
EFSC B -0.42%
ADNT F -0.42%
FRME B -0.42%
FULT A -0.42%
HY D -0.42%
PFBC B -0.42%
SASR B -0.42%
RNST B -0.41%
SFNC B -0.41%
VRTS B -0.41%
BKU A -0.41%
WSFS A -0.41%
PTVE B -0.41%
LAUR A -0.41%
FIBK A -0.4%
TCBK B -0.4%
SNDR B -0.4%
XRX F -0.4%
VBTX B -0.4%
HUBG A -0.4%
KALU C -0.4%
ALG B -0.39%
HOPE B -0.39%
NX C -0.39%
SRCE B -0.39%
BKE B -0.39%
FCF A -0.39%
MCRI A -0.38%
MODG F -0.37%
WERN C -0.37%
BUSE B -0.37%
DAN D -0.37%
ARCB C -0.36%
WGO C -0.36%
IPGP D -0.36%
KLG C -0.36%
XHR B -0.36%
LILAK D -0.36%
UNF B -0.35%
SPB C -0.34%
PEB D -0.34%
MRTN C -0.34%
SJW D -0.34%
LC A -0.33%
TTMI B -0.32%
SSTK F -0.31%
GRBK D -0.3%
ASB B -0.3%
HMN B -0.29%
VSAT F -0.29%
KAR B -0.29%
FHB A -0.29%
HLF C -0.29%
AMN F -0.29%
OMI F -0.28%
CSGS B -0.28%
SCVL F -0.28%
FHI A -0.28%
CAR C -0.28%
DFH D -0.28%
NIC B -0.28%
PBH A -0.28%
CRI D -0.28%
GOGO C -0.27%
NWBI B -0.27%
FBNC A -0.27%
SBCF A -0.27%
MTX B -0.26%
IOSP B -0.26%
GO C -0.26%
TOWN B -0.26%
BHE B -0.26%
STBA B -0.25%
CXT B -0.25%
ALEX C -0.25%
LNN B -0.25%
WAFD B -0.25%
PSMT C -0.24%
LCII C -0.24%
DK C -0.24%
OFG B -0.24%
HTH B -0.24%
SCL C -0.24%
KWR C -0.24%
ROCK C -0.24%
ARI C -0.24%
DFIN D -0.23%
PATK D -0.23%
SYNA C -0.23%
SHEN F -0.22%
THRM D -0.22%
DEA D -0.22%
YETI C -0.22%
ROG D -0.22%
ODP F -0.21%
FOXF F -0.19%
AVNS F -0.18%
MYRG B -0.17%
UPWK B -0.17%
PFS B -0.14%
MGPI F -0.14%
FDP B -0.14%
FBK B -0.14%
CBU B -0.14%
TCBI B -0.14%
HLIO B -0.13%
DEI B -0.13%
SAM C -0.13%
IVT B -0.13%
GNW A -0.13%
PPBI B -0.13%
NBTB B -0.13%
ROIC A -0.13%
CVCO A -0.13%
BHLB B -0.13%
MSGE F -0.12%
OI C -0.12%
PGRE F -0.12%
STC B -0.12%
CNMD C -0.12%
XPEL C -0.12%
UPBD B -0.12%
MTRN C -0.12%
MSEX B -0.12%
SAFT C -0.12%
HAYW B -0.12%
EVTC B -0.12%
JBGS D -0.11%
CWEN C -0.11%
LXP D -0.11%
NNI D -0.11%
NVEE F -0.11%
CNXN C -0.11%
AIN C -0.11%
KFRC D -0.11%
RC D -0.11%
CC C -0.11%
NMRK B -0.11%
SHLS F -0.1%
GPRE F -0.1%
GIC D -0.1%
PLUS F -0.1%
SHOO D -0.1%
CMTG F -0.1%
OXM D -0.1%
BLMN F -0.09%
OLPX D -0.09%
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