CLSE vs. GIGB ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB)
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

$22.02

Average Daily Volume

50,834

Number of Holdings *

325

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

Goldman Sachs Access Investment Grade Corporate Bond ETF

GIGB Description The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs Investment Grade Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade, corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$47.41

Average Daily Volume

62,297

Number of Holdings *

184

* may have additional holdings in another (foreign) market
Performance
Period CLSE GIGB
30 Days 1.80% 1.57%
60 Days 5.28% 4.28%
90 Days 2.71% 5.94%
12 Months 36.41% 13.51%
56 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in GIGB Overlap
AAPL C 2.17% 0.01% 0.01%
ABBV B 1.03% 0.04% 0.04%
ADBE F -0.37% 0.02% -0.37%
AMZN C 2.44% 0.01% 0.01%
AVGO C 2.6% 0.01% 0.01%
BA F -0.38% 0.01% -0.38%
BAC D 0.82% 0.01% 0.01%
C C -0.42% 0.03% -0.42%
CAT B 0.34% 0.01% 0.01%
CSCO B -0.23% 0.07% -0.23%
CVX F 0.52% 0.01% 0.01%
DLTR F -0.29% 0.04% -0.29%
DVN F 0.58% 0.02% 0.02%
EXPE C 0.5% 0.02% 0.02%
FDX D 0.52% 0.01% 0.01%
FITB B 0.62% 0.04% 0.04%
GE C -0.29% 0.04% -0.29%
GILD B 0.93% 0.05% 0.05%
GM C 0.56% 0.01% 0.01%
GOOGL D 3.05% 0.04% 0.04%
HPE C 1.63% 0.04% 0.04%
IBM B 1.71% 0.01% 0.01%
INTC D -0.89% 0.01% -0.89%
JNJ C 0.96% 0.01% 0.01%
JPM D 0.6% 0.01% 0.01%
KLAC D 0.46% 0.04% 0.04%
LMT A 0.53% 0.01% 0.01%
LUV C -0.21% 0.03% -0.21%
MET B 0.55% 0.03% 0.03%
MO C 0.77% 0.01% 0.01%
MPC F 0.74% 0.02% 0.02%
MSFT C 1.12% 0.01% 0.01%
MU D 0.97% 0.01% 0.01%
NEM C 0.53% 0.05% 0.05%
NVDA C 3.93% 0.05% 0.05%
OKE C -0.18% 0.02% -0.18%
ORCL B 1.23% 0.01% 0.01%
QCOM D 2.6% 0.02% 0.02%
RTX B 0.49% 0.01% 0.01%
SBUX C -0.22% 0.01% -0.22%
SCCO C 0.4% 0.05% 0.05%
SPG B 0.4% 0.01% 0.01%
SYF C 0.9% 0.03% 0.03%
T B 1.03% 0.01% 0.01%
TFC D -0.2% 0.04% -0.2%
TSN D 0.57% 0.02% 0.02%
TXN B -0.86% 0.04% -0.86%
UNP D 0.59% 0.05% 0.05%
VLO F 0.8% 0.04% 0.04%
VTRS D 0.31% 0.04% 0.04%
WBA F -0.22% 0.06% -0.22%
WDC C -0.6% 0.14% -0.6%
WFC D 0.57% 0.01% 0.01%
WMT B 1.95% 0.02% 0.02%
WY C -0.16% 0.03% -0.16%
XOM D 0.59% 0.01% 0.01%
CLSE Overweight 269 Positions Relative to GIGB
Symbol Grade Weight
META B 3.19%
APP C 1.96%
NTAP D 1.88%
ANET C 1.87%
CVNA B 1.74%
CVLT B 1.64%
GDDY C 1.55%
GOOG D 1.25%
DOCU C 1.21%
HD B 1.18%
ACIW B 1.14%
HALO D 1.05%
PYPL B 1.03%
SNEX C 1.03%
AMG C 1.02%
JHG B 0.99%
NTRS C 0.98%
AVT B 0.92%
AMRX C 0.89%
OGN D 0.89%
THC C 0.85%
EME B 0.84%
DVA B 0.84%
IDCC B 0.83%
SEIC B 0.82%
UHS C 0.82%
NTNX D 0.8%
MLI B 0.77%
FTDR B 0.76%
UMBF C 0.73%
PPC D 0.73%
CNC D 0.73%
PG C 0.72%
BG F 0.72%
JXN B 0.69%
IIPR B 0.68%
GVA B 0.65%
STRL C 0.65%
CHRW B 0.63%
OSCR D 0.6%
CAH C 0.6%
RF B 0.59%
VST B 0.59%
PATK C 0.58%
TSLA C 0.58%
PRIM B 0.57%
CFG D 0.57%
SLVM C 0.56%
ADMA C 0.56%
MTZ C 0.56%
NRG B 0.56%
AMGN D 0.55%
AVA B 0.55%
PNW C 0.55%
NEE B 0.55%
PGR C 0.54%
IESC B 0.54%
RGA C 0.54%
MRK F 0.54%
MWA B 0.54%
VRT C 0.51%
HRB C 0.51%
BMY C 0.5%
NSA C 0.49%
CNA D 0.49%
MUSA D 0.47%
LNTH D 0.47%
EEFT F 0.46%
ACT C 0.46%
MCK F 0.45%
REZI D 0.44%
LAMR B 0.43%
EQR C 0.43%
RGLD C 0.42%
MRO D 0.41%
LDOS A 0.4%
FCX C 0.39%
KMB C 0.39%
SAIC C 0.39%
KNF C 0.38%
CTRE C 0.36%
J A 0.36%
TOL A 0.35%
BCO B 0.34%
ABM D 0.34%
GLW B 0.33%
SM F 0.33%
ALSN B 0.33%
EXP B 0.33%
STAG D 0.33%
IBP C 0.33%
NFLX B 0.31%
NVR B 0.31%
JLL B 0.3%
CPNG B 0.27%
BKNG B 0.26%
CCL C 0.25%
ANF D 0.23%
MHO B 0.19%
KR B 0.17%
NTRA C 0.15%
SPOT C 0.13%
ADUS C 0.12%
ALNY C 0.12%
GRMN D 0.09%
QQQ B 0.0%
JOBY F -0.04%
AEE B -0.04%
BC C -0.05%
WOR F -0.05%
CAR D -0.06%
FOXF F -0.08%
AES C -0.08%
ALIT D -0.08%
CZR C -0.09%
NXST D -0.09%
DRVN C -0.1%
VAC D -0.1%
HGV F -0.1%
AWR C -0.1%
MCW F -0.1%
WTW B -0.1%
HHH C -0.11%
ACVA C -0.11%
AGL F -0.11%
PGNY F -0.12%
AAL D -0.12%
VAL F -0.12%
COLD D -0.12%
VSAT F -0.12%
VMC C -0.12%
CC D -0.13%
LAD B -0.13%
PPBI D -0.14%
RBLX C -0.14%
AA C -0.14%
VFC B -0.14%
SJM C -0.15%
EXR C -0.15%
PCH C -0.15%
MTN D -0.15%
DAY D -0.15%
PYCR D -0.15%
CHDN D -0.16%
CLDX F -0.16%
CG C -0.16%
WTRG D -0.16%
ILMN D -0.16%
AESI D -0.16%
KRG C -0.16%
CHK C -0.16%
CIEN B -0.17%
CGON C -0.17%
UHAL B -0.17%
WAL B -0.17%
GTLS F -0.18%
VNO B -0.18%
AVAV C -0.18%
UEC D -0.18%
HI F -0.18%
BEAM F -0.18%
ENOV F -0.18%
TXG D -0.18%
CNH C -0.19%
KNSL D -0.19%
BIRK F -0.2%
BANC C -0.2%
XPO D -0.2%
BE F -0.2%
APD B -0.2%
LKQ F -0.2%
WOLF F -0.2%
NTLA F -0.2%
CINF C -0.2%
TTD B -0.2%
FCNCA D -0.2%
COLB B -0.21%
RBA D -0.21%
IRTC F -0.21%
TMDX C -0.21%
AJG D -0.21%
AGCO D -0.21%
EL D -0.21%
SHC C -0.22%
TREX F -0.22%
GPOR C -0.22%
SOFI D -0.22%
IPAR D -0.23%
COTY D -0.23%
XYL C -0.23%
WTM F -0.23%
SW B -0.24%
DXCM F -0.24%
CNX B -0.24%
RNR B -0.24%
FLYW F -0.24%
AEIS D -0.24%
VSH F -0.25%
WSC D -0.25%
BIO C -0.25%
SUM D -0.25%
EQT C -0.26%
PTEN F -0.26%
WAT B -0.26%
ALB D -0.26%
SITE D -0.27%
APLS F -0.27%
AL C -0.27%
HASI C -0.27%
GMED D -0.28%
GT F -0.28%
HSY D -0.28%
VVV D -0.28%
CELH F -0.29%
LW D -0.29%
FDS C -0.3%
PSA C -0.31%
INSP D -0.31%
LVS C -0.31%
PEN D -0.31%
SRE B -0.32%
TOST C -0.32%
D C -0.32%
NEOG D -0.32%
RVMD C -0.33%
EVTC D -0.33%
MARA D -0.33%
MRNA F -0.33%
MNST D -0.33%
ON D -0.34%
FOUR C -0.34%
LPLA D -0.35%
IAC C -0.35%
NDAQ C -0.35%
EXAS D -0.35%
ZI D -0.36%
BBIO F -0.36%
FIVN F -0.36%
ENPH D -0.36%
AFRM D -0.36%
MKTX D -0.36%
LYV A -0.37%
KLIC D -0.37%
ZBRA B -0.38%
RIOT F -0.39%
BRZE F -0.4%
RIVN F -0.4%
PATH D -0.4%
WBD D -0.43%
CCOI C -0.44%
CGNX F -0.44%
GLOB D -0.45%
TTWO D -0.46%
SATS C -0.46%
MDB D -0.47%
FIVE D -0.48%
DV F -0.49%
BILL D -0.49%
MCHP D -0.51%
CFLT F -0.53%
RH C -0.56%
POOL C -0.57%
LBRDK C -0.58%
SMCI F -0.58%
U D -0.63%
FND C -0.63%
LSCC D -0.65%
GFS F -0.67%
LITE B -0.73%
CLSE Underweight 128 Positions Relative to GIGB
Symbol Grade Weight
CB B -0.16%
DHR B -0.12%
TD C -0.11%
WAB B -0.1%
GLPI C -0.1%
KOF D -0.09%
GPN D -0.09%
DFS C -0.09%
DELL C -0.08%
OTIS B -0.07%
AER C -0.07%
SLB F -0.07%
SHW B -0.07%
KEY C -0.07%
RSG D -0.06%
REGN D -0.06%
SYY C -0.06%
EOG D -0.06%
CM B -0.06%
TMUS B -0.06%
MDT B -0.05%
CF B -0.05%
OMC B -0.05%
TMO B -0.05%
HCA B -0.05%
CAG B -0.05%
DD B -0.05%
KHC C -0.05%
HBAN B -0.05%
FOXA B -0.05%
ITW B -0.04%
HRL F -0.04%
HPQ C -0.04%
SWK B -0.04%
LRCX D -0.04%
ALLY F -0.04%
TGT C -0.04%
BNS B -0.04%
NOC B -0.04%
RY A -0.04%
ARE C -0.03%
RPRX C -0.03%
DE A -0.03%
HES F -0.03%
FIS C -0.03%
MAR B -0.03%
GIS B -0.03%
EIX B -0.03%
BDX D -0.03%
CRM C -0.03%
DOW C -0.03%
LYB D -0.03%
JEF C -0.03%
PCG C -0.03%
BABA B -0.03%
COST C -0.03%
ZTS B -0.03%
PSX F -0.03%
PAA D -0.03%
CARR B -0.03%
SO B -0.03%
AXP B -0.03%
HAL F -0.03%
ZBH F -0.02%
AMAT D -0.02%
NKE D -0.02%
NXPI D -0.02%
ED B -0.02%
ABT C -0.02%
BHP C -0.02%
EPD C -0.02%
COP F -0.02%
MA B -0.02%
DB B -0.02%
ETN C -0.02%
TAP D -0.02%
MPLX B -0.02%
HSBC B -0.02%
ADM D -0.01%
FANG F -0.01%
BERY B -0.01%
WELL C -0.01%
LLY D -0.01%
MMM B -0.01%
GD C -0.01%
NI B -0.01%
BK B -0.01%
KO B -0.01%
EXC B -0.01%
CCI C -0.01%
AZN D -0.01%
AIG D -0.01%
PRU C -0.01%
KDP B -0.01%
DUK B -0.01%
PM C -0.01%
MMC C -0.01%
ICE C -0.01%
EBAY B -0.01%
COF B -0.01%
BSX B -0.01%
STT B -0.01%
PEP D -0.01%
EQNR F -0.01%
CSX C -0.01%
USB C -0.01%
WMB C -0.01%
PNC C -0.01%
NWG B -0.01%
MUFG D -0.01%
HON C -0.01%
KMI C -0.01%
VOD C -0.01%
UPS D -0.01%
MCD B -0.01%
V C -0.01%
AMT C -0.01%
CHTR D -0.01%
DIS D -0.01%
CMCSA C -0.01%
VZ A -0.01%
CI C -0.01%
MS B -0.01%
PFE D -0.01%
ET C -0.01%
ARCC A -0.01%
BMO C -0.01%
CVS D -0.01%
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