CLSE vs. IEDI ETF Comparison
Comparison of Convergence Long/Short Equity ETF (CLSE) to iShares Evolved U.S. Discretionary Spending ETF (IEDI)
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
$20.36
Average Daily Volume
38,934
Number of Holdings
*
349
* may have additional holdings in another (foreign) market
IEDI
iShares Evolved U.S. Discretionary Spending ETF
IEDI Description
The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$47.15
Average Daily Volume
10,655
Number of Holdings
*
204
* may have additional holdings in another (foreign) market
Performance
| Period | CLSE | IEDI |
|---|---|---|
| 30 Days | -1.74% | -3.14% |
| 60 Days | 3.82% | -2.18% |
| 90 Days | 12.24% | 2.38% |
| 12 Months | 39.06% | 25.82% |
53 Overlapping Holdings
| Symbol | Grade | Weight in CLSE | Weight in IEDI | Overlap | |
|---|---|---|---|---|---|
| AAP | D | -0.29% | 0.13% | -0.29% | |
| AAPL | C | 0.91% | 0.46% | 0.46% | |
| AEO | C | 0.21% | 0.14% | 0.14% | |
| AMZN | A | 3.15% | 10.99% | 3.15% | |
| ANF | C | 0.22% | 0.05% | 0.05% | |
| BLD | D | 0.34% | 0.02% | 0.02% | |
| BOOT | B | -0.12% | 0.12% | -0.12% | |
| CAR | D | -0.24% | 0.02% | -0.24% | |
| CHDN | B | -0.11% | 0.27% | -0.11% | |
| CHH | D | -0.16% | 0.1% | -0.16% | |
| CROX | D | -0.09% | 0.18% | -0.09% | |
| CZR | F | -0.15% | 0.14% | -0.15% | |
| DECK | D | 0.17% | 0.53% | 0.17% | |
| DG | D | -0.19% | 1.19% | -0.19% | |
| DLTR | D | -0.26% | 0.89% | -0.26% | |
| DPZ | B | 0.51% | 0.53% | 0.51% | |
| DRVN | F | -0.1% | 0.02% | -0.1% | |
| EBAY | C | 0.95% | 0.19% | 0.19% | |
| FDX | C | 0.31% | 0.17% | 0.17% | |
| FIVE | F | -0.32% | 0.3% | -0.32% | |
| FL | F | -0.15% | 0.07% | -0.15% | |
| FND | D | -0.45% | 0.4% | -0.45% | |
| FOUR | F | -0.18% | 0.03% | -0.18% | |
| GDDY | A | 0.33% | 0.14% | 0.14% | |
| GME | C | -0.13% | 0.08% | -0.13% | |
| GO | F | -0.25% | 0.1% | -0.25% | |
| HD | D | 1.08% | 9.95% | 1.08% | |
| HRB | D | 0.44% | 0.14% | 0.14% | |
| IAC | C | -0.34% | 0.05% | -0.34% | |
| IPAR | F | -0.13% | 0.03% | -0.13% | |
| KMX | F | -0.37% | 0.33% | -0.37% | |
| KR | C | 0.32% | 1.06% | 0.32% | |
| LAD | F | -0.33% | 0.19% | -0.33% | |
| LOPE | C | 0.55% | 0.02% | 0.02% | |
| MCK | C | 0.69% | 0.2% | 0.2% | |
| META | D | 2.17% | 0.51% | 0.51% | |
| MGM | F | 0.21% | 0.2% | 0.2% | |
| MSGS | B | -0.42% | 0.06% | -0.42% | |
| MTN | F | -0.18% | 0.17% | -0.18% | |
| MUSA | D | 0.99% | 0.2% | 0.2% | |
| NFLX | D | 1.0% | 0.12% | 0.12% | |
| PG | A | 0.74% | 0.54% | 0.54% | |
| PLNT | F | -0.09% | 0.22% | -0.09% | |
| PYPL | B | 1.27% | 0.06% | 0.06% | |
| RH | D | -0.42% | 0.16% | -0.42% | |
| TOST | D | -0.29% | 0.13% | -0.29% | |
| TSN | A | 0.75% | 0.16% | 0.16% | |
| TTWO | D | -0.29% | 0.03% | -0.29% | |
| UBER | D | 0.83% | 0.87% | 0.83% | |
| UHAL | C | -0.18% | 0.03% | -0.18% | |
| VAC | C | -0.11% | 0.07% | -0.11% | |
| VFC | F | -0.14% | 0.08% | -0.14% | |
| WMT | C | 1.34% | 5.62% | 1.34% |
CLSE Overweight 296 Positions Relative to IEDI
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | 3.46% | |
| MSFT | C | 3.3% | |
| GOOGL | A | 2.56% | |
| GOOG | A | 2.36% | |
| QCOM | A | 2.29% | |
| AMAT | C | 2.09% | |
| MU | B | 2.01% | |
| APP | B | 1.95% | |
| NTAP | C | 1.74% | |
| ANET | D | 1.65% | |
| NTNX | C | 1.6% | |
| SNX | A | 1.49% | |
| CRWD | D | 1.32% | |
| IBM | D | 1.29% | |
| DOCU | B | 1.11% | |
| APPF | C | 0.95% | |
| AMG | C | 0.95% | |
| PAGS | D | 0.94% | |
| MRK | B | 0.93% | |
| T | C | 0.93% | |
| SPOT | B | 0.91% | |
| SYF | A | 0.91% | |
| STNE | C | 0.91% | |
| JPM | B | 0.9% | |
| PFE | D | 0.9% | |
| JNJ | F | 0.89% | |
| AMGN | A | 0.89% | |
| SEIC | C | 0.88% | |
| COIN | D | 0.87% | |
| VTRS | D | 0.87% | |
| LLY | D | 0.86% | |
| MTG | C | 0.86% | |
| ABBV | D | 0.86% | |
| MPC | D | 0.85% | |
| PBF | C | 0.85% | |
| TW | B | 0.83% | |
| HALO | D | 0.81% | |
| OGN | B | 0.8% | |
| BAC | B | 0.77% | |
| IIPR | A | 0.77% | |
| BRBR | C | 0.76% | |
| MO | A | 0.76% | |
| PLTR | D | 0.75% | |
| VLO | C | 0.75% | |
| PPC | A | 0.74% | |
| SMCI | D | 0.74% | |
| XOM | B | 0.74% | |
| FITB | A | 0.73% | |
| WFC | B | 0.72% | |
| CI | C | 0.72% | |
| EME | A | 0.71% | |
| BG | C | 0.71% | |
| F | C | 0.69% | |
| GFF | C | 0.69% | |
| PSX | D | 0.68% | |
| VRT | A | 0.67% | |
| BLDR | C | 0.65% | |
| MLI | B | 0.63% | |
| PEGA | D | 0.63% | |
| UMBF | B | 0.62% | |
| KNF | B | 0.62% | |
| IESC | B | 0.61% | |
| CNC | C | 0.6% | |
| VST | A | 0.58% | |
| OMI | F | 0.58% | |
| AGO | D | 0.58% | |
| OC | A | 0.58% | |
| THC | A | 0.57% | |
| SKYW | A | 0.57% | |
| GM | B | 0.57% | |
| AMR | D | 0.56% | |
| BCC | D | 0.56% | |
| GMS | C | 0.55% | |
| ITRI | A | 0.54% | |
| PGR | B | 0.54% | |
| NU | C | 0.53% | |
| AYI | C | 0.53% | |
| STRL | D | 0.53% | |
| HQY | D | 0.53% | |
| CAT | D | 0.52% | |
| CAH | F | 0.52% | |
| DVA | B | 0.52% | |
| FTDR | B | 0.52% | |
| NEE | B | 0.5% | |
| CNM | A | 0.49% | |
| UHS | C | 0.48% | |
| CNA | B | 0.48% | |
| HIG | D | 0.47% | |
| EXC | C | 0.46% | |
| REZI | D | 0.46% | |
| EVRG | B | 0.46% | |
| EXP | B | 0.45% | |
| LDOS | A | 0.45% | |
| RGA | A | 0.42% | |
| SAIC | D | 0.4% | |
| BKNG | C | 0.4% | |
| APA | F | 0.4% | |
| CVI | F | 0.39% | |
| PEG | A | 0.39% | |
| SLVM | A | 0.39% | |
| BCO | A | 0.38% | |
| STLD | D | 0.38% | |
| GLPI | F | 0.37% | |
| J | B | 0.37% | |
| SPG | D | 0.37% | |
| NSA | D | 0.37% | |
| GRMN | A | 0.36% | |
| SR | B | 0.35% | |
| STAG | D | 0.35% | |
| IBP | C | 0.34% | |
| WDC | B | 0.32% | |
| RS | D | 0.32% | |
| BAH | B | 0.31% | |
| PSTG | C | 0.3% | |
| RPRX | D | 0.29% | |
| SPGI | C | 0.28% | |
| AMP | B | 0.26% | |
| UNP | C | 0.24% | |
| NEU | D | 0.23% | |
| FIX | C | 0.2% | |
| NTRA | A | 0.19% | |
| SKT | D | 0.14% | |
| FG | B | 0.13% | |
| SUM | D | 0.12% | |
| DOCS | F | 0.12% | |
| PHM | A | 0.11% | |
| EXEL | D | 0.11% | |
| MOD | B | 0.11% | |
| VCTR | A | 0.09% | |
| ROCK | D | 0.07% | |
| AOS | D | 0.0% | |
| WDAY | D | 0.0% | |
| PNC | A | 0.0% | |
| DNUT | F | -0.05% | |
| HTZ | F | -0.06% | |
| AWR | C | -0.06% | |
| ENPH | F | -0.07% | |
| TROX | A | -0.07% | |
| IAS | F | -0.08% | |
| MODG | B | -0.08% | |
| PYCR | F | -0.08% | |
| JOBY | D | -0.08% | |
| JBHT | F | -0.08% | |
| LGIH | D | -0.08% | |
| MCW | D | -0.08% | |
| PNM | C | -0.08% | |
| FCNCA | B | -0.08% | |
| DOC | A | -0.09% | |
| SUI | F | -0.09% | |
| ATI | B | -0.09% | |
| PTCT | B | -0.09% | |
| CWST | D | -0.09% | |
| RYAN | D | -0.09% | |
| RRC | B | -0.1% | |
| ACVA | D | -0.1% | |
| COLD | F | -0.1% | |
| VTR | B | -0.1% | |
| PCH | D | -0.1% | |
| HAS | B | -0.1% | |
| GOGL | A | -0.11% | |
| EXR | C | -0.11% | |
| CHK | B | -0.11% | |
| AES | B | -0.11% | |
| WTW | D | -0.11% | |
| DAY | F | -0.11% | |
| LPX | D | -0.12% | |
| KNX | F | -0.12% | |
| MDU | A | -0.12% | |
| ADC | B | -0.12% | |
| AEE | C | -0.12% | |
| TXG | F | -0.13% | |
| TFC | A | -0.13% | |
| AVAV | B | -0.14% | |
| LFST | D | -0.14% | |
| FLNC | B | -0.15% | |
| CNXC | F | -0.15% | |
| ZWS | D | -0.15% | |
| KVUE | D | -0.15% | |
| KMPR | B | -0.15% | |
| XYL | A | -0.15% | |
| O | B | -0.15% | |
| RBA | D | -0.15% | |
| CRS | A | -0.15% | |
| SPR | D | -0.15% | |
| AJG | C | -0.15% | |
| GPOR | C | -0.16% | |
| AXSM | C | -0.16% | |
| SJM | F | -0.16% | |
| HAYW | C | -0.16% | |
| ARWR | F | -0.16% | |
| RUN | D | -0.16% | |
| SRE | B | -0.16% | |
| FOXF | F | -0.16% | |
| AXON | A | -0.16% | |
| WAFD | B | -0.17% | |
| IOVA | D | -0.17% | |
| UCBI | B | -0.17% | |
| WTM | A | -0.17% | |
| WAL | C | -0.18% | |
| GPI | A | -0.18% | |
| ALLY | A | -0.18% | |
| COF | B | -0.18% | |
| NARI | F | -0.18% | |
| HASI | C | -0.19% | |
| FMC | D | -0.19% | |
| GATX | C | -0.19% | |
| IRT | B | -0.19% | |
| PR | B | -0.19% | |
| BE | C | -0.19% | |
| LNC | D | -0.2% | |
| APD | C | -0.2% | |
| PPBI | D | -0.2% | |
| SBCF | C | -0.2% | |
| BANC | C | -0.2% | |
| NTLA | F | -0.21% | |
| CABO | F | -0.21% | |
| MP | C | -0.21% | |
| ROG | C | -0.21% | |
| EQT | B | -0.22% | |
| TSLA | D | -0.23% | |
| NDAQ | B | -0.23% | |
| UEC | B | -0.23% | |
| SHC | F | -0.23% | |
| RIVN | F | -0.23% | |
| IRTC | C | -0.24% | |
| ATO | A | -0.24% | |
| CG | D | -0.25% | |
| PRCT | A | -0.25% | |
| FIS | C | -0.25% | |
| EVH | F | -0.25% | |
| EL | F | -0.25% | |
| ASB | A | -0.25% | |
| TMDX | A | -0.26% | |
| NOG | B | -0.26% | |
| KDP | A | -0.26% | |
| GTLS | C | -0.26% | |
| FSLR | B | -0.26% | |
| LW | D | -0.26% | |
| CNX | B | -0.27% | |
| CFLT | D | -0.27% | |
| UI | F | -0.27% | |
| MASI | C | -0.27% | |
| FNB | A | -0.27% | |
| ORCL | D | -0.27% | |
| RNR | D | -0.27% | |
| AGNC | B | -0.28% | |
| BIO | D | -0.28% | |
| NOVT | D | -0.28% | |
| NNI | A | -0.28% | |
| NEOG | F | -0.29% | |
| AR | A | -0.29% | |
| PFSI | A | -0.29% | |
| GS | A | -0.29% | |
| ALB | D | -0.3% | |
| MS | A | -0.31% | |
| FYBR | C | -0.34% | |
| NXST | C | -0.34% | |
| CARR | A | -0.35% | |
| BX | D | -0.35% | |
| IBKR | A | -0.35% | |
| DV | D | -0.36% | |
| TGNA | D | -0.37% | |
| D | A | -0.37% | |
| GE | A | -0.37% | |
| MSTR | D | -0.38% | |
| VSAT | F | -0.4% | |
| SATS | B | -0.4% | |
| RVMD | A | -0.4% | |
| MARA | D | -0.42% | |
| CRL | D | -0.42% | |
| LBRDK | F | -0.42% | |
| RIOT | F | -0.42% | |
| DAR | F | -0.42% | |
| UTHR | A | -0.42% | |
| ZI | C | -0.43% | |
| FIVN | F | -0.44% | |
| GFS | D | -0.44% | |
| INSP | B | -0.45% | |
| BILL | F | -0.46% | |
| ASAN | F | -0.46% | |
| WBD | F | -0.46% | |
| SPT | F | -0.46% | |
| U | F | -0.47% | |
| CGNX | B | -0.48% | |
| BA | D | -0.48% | |
| TECH | C | -0.49% | |
| TXN | A | -0.5% | |
| ALGM | C | -0.53% | |
| COHR | D | -0.55% | |
| KLIC | D | -0.55% | |
| ZBRA | A | -0.58% | |
| LITE | D | -0.59% | |
| QQQ | C | -0.6% | |
| WOLF | F | -0.63% | |
| INTC | F | -0.65% | |
| SITM | D | -0.66% |
CLSE Underweight 151 Positions Relative to IEDI
| Symbol | Grade | Weight | |
|---|---|---|---|
| COST | C | -8.6% | |
| CMG | A | -3.81% | |
| LOW | D | -3.71% | |
| TJX | C | -3.45% | |
| ORLY | D | -2.49% | |
| TGT | D | -2.41% | |
| ROST | D | -2.03% | |
| AZO | D | -1.61% | |
| SBUX | F | -1.51% | |
| MCD | F | -1.31% | |
| MAR | D | -1.21% | |
| LULU | F | -1.16% | |
| NKE | F | -1.12% | |
| TSCO | A | -1.07% | |
| HLT | D | -1.01% | |
| ULTA | F | -0.96% | |
| YUM | C | -0.92% | |
| DRI | F | -0.77% | |
| CTAS | A | -0.76% | |
| WSM | A | -0.65% | |
| V | D | -0.64% | |
| FERG | B | -0.62% | |
| ABNB | D | -0.61% | |
| DKS | B | -0.57% | |
| WING | A | -0.55% | |
| BURL | D | -0.53% | |
| DASH | D | -0.52% | |
| DIS | C | -0.49% | |
| CASY | B | -0.44% | |
| TXRH | A | -0.43% | |
| CPRT | C | -0.43% | |
| SQ | D | -0.4% | |
| MA | D | -0.39% | |
| STZ | D | -0.37% | |
| RCL | A | -0.37% | |
| SYY | D | -0.36% | |
| DKNG | D | -0.34% | |
| BBWI | C | -0.34% | |
| BJ | C | -0.29% | |
| BBY | D | -0.27% | |
| EXPE | F | -0.24% | |
| SFM | A | -0.24% | |
| GWW | D | -0.23% | |
| OLLI | C | -0.22% | |
| FAST | D | -0.22% | |
| CPNG | A | -0.22% | |
| GPS | D | -0.21% | |
| TPR | D | -0.21% | |
| USFD | C | -0.21% | |
| PFGC | D | -0.2% | |
| UPS | F | -0.2% | |
| POOL | F | -0.2% | |
| ASO | D | -0.19% | |
| ELF | D | -0.19% | |
| WH | D | -0.18% | |
| ACI | D | -0.18% | |
| HST | D | -0.17% | |
| LUV | F | -0.17% | |
| CCL | F | -0.17% | |
| WBA | F | -0.17% | |
| M | C | -0.16% | |
| AN | B | -0.15% | |
| SKX | A | -0.15% | |
| LYV | D | -0.15% | |
| GPC | B | -0.14% | |
| WYNN | D | -0.14% | |
| CVNA | A | -0.14% | |
| TPX | D | -0.14% | |
| NCLH | F | -0.13% | |
| ARMK | C | -0.13% | |
| TOL | C | -0.13% | |
| SIG | C | -0.13% | |
| MAS | D | -0.12% | |
| PINS | A | -0.12% | |
| CPRI | F | -0.12% | |
| RL | D | -0.12% | |
| ABG | F | -0.12% | |
| SHAK | A | -0.12% | |
| H | C | -0.11% | |
| WEN | B | -0.11% | |
| SITE | F | -0.11% | |
| SCI | D | -0.11% | |
| KTB | B | -0.11% | |
| CAVA | A | -0.11% | |
| VVV | B | -0.11% | |
| KSS | F | -0.1% | |
| BYD | F | -0.1% | |
| PH | C | -0.1% | |
| ETSY | F | -0.1% | |
| SNAP | B | -0.1% | |
| FLO | B | -0.1% | |
| W | C | -0.1% | |
| CRI | F | -0.1% | |
| URBN | D | -0.1% | |
| FRPT | C | -0.1% | |
| SHOO | D | -0.1% | |
| CL | A | -0.1% | |
| PZZA | F | -0.1% | |
| RHP | D | -0.09% | |
| LYFT | D | -0.09% | |
| BFAM | C | -0.09% | |
| EAT | A | -0.09% | |
| IPG | F | -0.09% | |
| TNL | D | -0.08% | |
| BLMN | F | -0.08% | |
| SG | B | -0.08% | |
| JWN | B | -0.08% | |
| Z | F | -0.08% | |
| ALK | B | -0.08% | |
| VICI | D | -0.08% | |
| DUOL | A | -0.08% | |
| FCFS | D | -0.08% | |
| COTY | D | -0.07% | |
| LNW | D | -0.07% | |
| LANC | D | -0.07% | |
| UAL | B | -0.07% | |
| RRR | D | -0.07% | |
| DHI | D | -0.07% | |
| INVH | B | -0.06% | |
| AAL | F | -0.06% | |
| MTCH | D | -0.06% | |
| MAT | F | -0.06% | |
| CBRL | F | -0.06% | |
| CAKE | D | -0.06% | |
| HGV | D | -0.06% | |
| COLM | B | -0.06% | |
| MSM | F | -0.05% | |
| YETI | F | -0.05% | |
| HON | C | -0.05% | |
| RHI | F | -0.05% | |
| PENN | F | -0.05% | |
| DDS | B | -0.04% | |
| PRKS | D | -0.04% | |
| TKO | B | -0.04% | |
| ROL | B | -0.04% | |
| APLE | F | -0.04% | |
| JACK | F | -0.04% | |
| CHWY | F | -0.04% | |
| CHE | F | -0.03% | |
| VSTS | F | -0.03% | |
| OMC | B | -0.03% | |
| GIS | B | -0.03% | |
| MIDD | D | -0.02% | |
| CLX | F | -0.02% | |
| ZTS | D | -0.02% | |
| PVH | D | -0.02% | |
| MKC | B | -0.02% | |
| PK | D | -0.02% | |
| OXM | A | -0.02% | |
| PLAY | D | -0.02% | |
| SNA | D | -0.01% |
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Banks - Regional - US
Building Materials
Biotechnology
Software - Infrastructure
Oil & Gas E&P
Semiconductors
Specialty Retail
Asset Management
Business Services
Capital Markets
Drug Manufacturers - Major
Internet Content & Information
Diagnostics & Research
Engineering & Construction
Oil & Gas Refining & Marketing
REIT - Industrial
Scientific & Technical Instruments
Utilities - Diversified
Aerospace & Defense
IEDI: Top Represented Industries & Keywords
Industries:
Specialty Retail
Restaurants
Apparel Stores
Resorts & Casinos
Apparel Manufacturing
Leisure
Discount Stores
Auto & Truck Dealerships
Footwear & Accessories
Household & Personal Products
Internet Content & Information
Lodging
Grocery Stores
Industrial Distribution
Packaged Foods
Airlines
Credit Services
Department Stores
Media - Diversified
REIT - Hotel & Motel
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