CLSE vs. JHSC ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to John Hancock Multifactor Small Cap ETF (JHSC)

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

65,624

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

JHSC

John Hancock Multifactor Small Cap ETF

JHSC Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Small Cap Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities that compose the fund's index. The index is designed to comprise a subset of securities in the U.S. Universe issued by companies whose market capitalizations are smaller than the 750th largest U.S. company but excluding the smallest 4% of U.S. companies at the time of reconstitution.

Grade (RS Rating)

Last Trade

$42.30

Average Daily Volume

29,401

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	JHSC
30 Days	4.18%	5.72%
60 Days	7.10%	6.14%
90 Days	9.38%	6.93%
12 Months	39.93%	29.70%

44 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in JHSC	Overlap
ABG	C	-0.1%	0.38%	-0.1%
ACIW	B	1.3%	0.52%	0.52%
AL	B	-0.18%	0.37%	-0.18%
AMG	B	0.58%	0.42%	0.42%
AVAV	C	-0.13%	0.55%	-0.13%
AVT	C	0.66%	0.34%	0.34%
BBIO	F	-0.36%	0.24%	-0.36%
BC	C	-0.08%	0.38%	-0.08%
BILL	A	-0.26%	0.67%	-0.26%
BPOP	C	-0.14%	0.47%	-0.14%
CACC	D	-0.36%	0.15%	-0.36%
CGNX	D	-0.45%	0.54%	-0.45%
CMA	B	0.71%	0.68%	0.68%
COLD	D	-0.15%	0.05%	-0.15%
CVLT	B	1.4%	0.68%	0.68%
CYTK	F	-0.3%	0.58%	-0.3%
DAR	C	-0.16%	0.59%	-0.16%
EEFT	B	0.22%	0.31%	0.22%
ELF	C	-0.24%	0.07%	-0.24%
FOUR	A	-0.27%	0.37%	-0.27%
GATX	A	-0.2%	0.39%	-0.2%
GNTX	C	-0.09%	0.14%	-0.09%
GTLS	A	-0.15%	0.55%	-0.15%
HALO	F	0.9%	0.15%	0.15%
HQY	A	0.07%	0.58%	0.07%
INSP	D	-0.34%	0.05%	-0.34%
IONS	F	-0.24%	0.35%	-0.24%
JAZZ	B	0.16%	0.7%	0.16%
JHG	B	1.21%	0.42%	0.42%
JXN	C	0.39%	0.63%	0.39%
KRG	B	-0.17%	0.42%	-0.17%
LNTH	D	0.0%	0.36%	0.0%
LPX	B	0.43%	0.5%	0.43%
LSCC	D	-0.7%	0.05%	-0.7%
MASI	B	-0.17%	0.6%	-0.17%
MTN	C	-0.22%	0.55%	-0.22%
OSK	C	-0.16%	0.55%	-0.16%
R	B	0.38%	0.49%	0.38%
SITE	F	-0.16%	0.58%	-0.16%
SUM	B	-0.22%	0.53%	-0.22%
TREX	C	-0.17%	0.7%	-0.17%
UMBF	B	0.66%	0.43%	0.43%
VVV	D	-0.33%	0.43%	-0.33%
ZION	B	0.71%	0.66%	0.66%

CLSE Overweight 293 Positions Relative to JHSC

Symbol	Grade	Weight
NVDA	B	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	B	1.51%
GDDY	A	1.42%
DOCU	B	1.37%
PYPL	B	1.33%
ORCL	A	1.33%
TSLA	B	1.22%
NTNX	B	1.16%
HD	B	1.13%
SYF	B	1.11%
BMY	B	1.11%
NTRS	A	1.08%
GILD	C	1.07%
SNEX	B	1.06%
PLTR	B	1.02%
NTAP	C	1.0%
LNG	A	0.97%
SEIC	B	0.95%
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%
AAPL	C	0.83%
JNJ	C	0.83%
BAC	A	0.81%
PRIM	A	0.8%
MO	A	0.79%
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%
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%
ALSN	B	0.66%
MTZ	B	0.66%
MWA	B	0.65%
BLK	B	0.65%
JPM	A	0.64%
CHRW	B	0.61%
EXPE	B	0.61%
TSN	B	0.6%
FFIV	B	0.6%
FTDR	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%
GOOG	C	0.49%
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%
PG	C	0.45%
ALL	A	0.45%
BKNG	A	0.44%
CTRE	C	0.42%
SCCO	F	0.41%
RMD	C	0.4%
SR	A	0.38%
SPG	A	0.37%
CNA	C	0.37%
CF	A	0.37%
GRMN	B	0.37%
OUT	A	0.36%
EQR	C	0.35%
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%
FLR	B	0.21%
JLL	D	0.2%
MUSA	B	0.2%
ABM	B	0.19%
BAH	F	0.18%
KR	B	0.17%
NTRA	A	0.17%
BOX	B	0.17%
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%
QQQ	B	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%
JOE	F	-0.08%
AES	F	-0.08%
FLYW	B	-0.08%
JBLU	F	-0.09%
NSC	B	-0.1%
MCW	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%
ALIT	C	-0.13%
VMC	B	-0.13%
MLM	C	-0.13%
PYCR	B	-0.14%
DAY	B	-0.14%
REXR	F	-0.14%
ARWR	D	-0.14%
MKL	A	-0.14%
AA	A	-0.14%
EQIX	A	-0.14%
CZR	F	-0.15%
APD	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%
LGIH	F	-0.16%
ALB	B	-0.16%
UHAL	D	-0.16%
AGO	B	-0.16%
EW	C	-0.16%
SW	A	-0.17%
TEX	F	-0.17%
MDGL	B	-0.17%
LKQ	F	-0.17%
AJG	A	-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%
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%
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%
SAIA	B	-0.22%
EQT	B	-0.23%
PSA	C	-0.23%
XYL	D	-0.23%
WTRG	B	-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%
NEOG	F	-0.26%
AUR	C	-0.26%
AWK	C	-0.26%
VAL	F	-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%
LYV	A	-0.3%
NDAQ	A	-0.3%
APLS	F	-0.3%
APTV	F	-0.32%
GTLB	B	-0.32%
CCOI	B	-0.33%
LPLA	A	-0.34%
ZBRA	B	-0.34%
ABNB	C	-0.34%
FCNCA	A	-0.35%
APO	B	-0.35%
AFRM	A	-0.35%
COHR	B	-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%
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%
ROP	B	-0.7%
TXN	C	-0.81%
INTC	C	-0.93%
FSLR	F	-1.26%

CLSE Underweight 197 Positions Relative to JHSC

Symbol	Grade	Weight
LUMN	C	-0.85%
RVMD	C	-0.79%
EXEL	B	-0.79%
VOYA	B	-0.7%
CFR	B	-0.69%
AIT	B	-0.66%
DTM	A	-0.64%
PNFP	B	-0.64%
AAON	B	-0.62%
FYBR	C	-0.61%
G	B	-0.61%
MTDR	B	-0.61%
CRDO	B	-0.6%
BBWI	C	-0.6%
PLNT	A	-0.6%
CSWI	B	-0.59%
ESAB	C	-0.59%
MSA	F	-0.58%
COLB	B	-0.57%
FLS	B	-0.57%
MARA	B	-0.56%
RLI	A	-0.55%
SNV	C	-0.55%
SMAR	B	-0.55%
SSB	B	-0.55%
GXO	B	-0.55%
FRPT	A	-0.55%
PB	B	-0.54%
RNA	C	-0.54%
VNO	C	-0.54%
SAIC	F	-0.54%
MAT	D	-0.54%
ITCI	C	-0.54%
VKTX	F	-0.54%
MOD	A	-0.53%
WH	B	-0.53%
WTFC	A	-0.53%
VMI	B	-0.52%
ETSY	D	-0.52%
ANF	F	-0.52%
CMC	B	-0.51%
CLF	F	-0.51%
TMHC	C	-0.51%
PIPR	A	-0.51%
RDNT	B	-0.5%
EPRT	B	-0.5%
MTSI	B	-0.5%
ONB	C	-0.5%
EXLS	B	-0.5%
VFC	C	-0.5%
AWI	A	-0.5%
CADE	B	-0.49%
AZEK	A	-0.49%
ADC	A	-0.49%
PVH	C	-0.49%
MOG.A	B	-0.49%
MTG	C	-0.48%
BMI	B	-0.48%
GBCI	B	-0.48%
NOV	C	-0.48%
WHR	B	-0.47%
RHP	B	-0.47%
LEA	F	-0.47%
DY	D	-0.47%
KD	B	-0.47%
GPI	B	-0.47%
DOCS	C	-0.46%
UFPI	C	-0.46%
ARW	D	-0.46%
LSTR	D	-0.46%
BECN	B	-0.46%
OMF	A	-0.46%
ESI	B	-0.46%
CHX	C	-0.45%
CWST	A	-0.45%
NOVT	D	-0.45%
EXPO	D	-0.45%
LFUS	D	-0.45%
BCC	B	-0.45%
CBT	D	-0.44%
CIVI	D	-0.44%
AN	C	-0.44%
BPMC	B	-0.44%
FAF	A	-0.44%
AXS	A	-0.44%
FSS	B	-0.44%
VRNS	D	-0.43%
CWAN	B	-0.43%
VNT	C	-0.43%
IDA	A	-0.43%
LNC	C	-0.43%
KRYS	C	-0.42%
ZWS	B	-0.42%
TRNO	F	-0.42%
MMSI	A	-0.41%
NXST	C	-0.41%
BCPC	B	-0.41%
SIGI	C	-0.41%
ESNT	F	-0.41%
FNB	A	-0.41%
UBSI	B	-0.4%
SLM	A	-0.4%
THO	B	-0.4%
WTS	B	-0.4%
POR	C	-0.4%
FFIN	B	-0.39%
OLLI	D	-0.39%
THG	A	-0.39%
HOMB	A	-0.39%
SWX	B	-0.38%
NSIT	F	-0.38%
OZK	B	-0.38%
NFG	A	-0.38%
OLN	F	-0.38%
HCP	B	-0.38%
SEE	C	-0.38%
RMBS	B	-0.38%
IBP	D	-0.37%
ST	F	-0.37%
BCO	F	-0.37%
MMS	F	-0.37%
CRUS	D	-0.37%
SKY	A	-0.37%
DLB	B	-0.37%
MUR	D	-0.36%
AM	A	-0.36%
ALTR	B	-0.36%
HXL	F	-0.36%
MGY	A	-0.36%
SM	B	-0.36%
TKR	D	-0.35%
SON	F	-0.35%
POST	C	-0.35%
STEP	C	-0.34%
SPSC	D	-0.34%
UGI	C	-0.34%
PECO	A	-0.33%
BGC	C	-0.33%
CHH	A	-0.32%
W	D	-0.32%
SLGN	A	-0.32%
STAG	D	-0.31%
PEGA	B	-0.3%
FLO	D	-0.3%
HOG	D	-0.3%
DNB	B	-0.29%
MSGS	A	-0.29%
WFRD	D	-0.29%
OGN	F	-0.29%
CRVL	B	-0.29%
NEU	D	-0.28%
ESGR	B	-0.27%
TMDX	F	-0.27%
PJT	A	-0.27%
OPCH	D	-0.26%
MDU	D	-0.26%
XRAY	F	-0.26%
ZETA	D	-0.25%
ENLC	A	-0.25%
NUVL	C	-0.24%
RBRK	A	-0.23%
TNET	F	-0.23%
BOKF	B	-0.22%
NSA	C	-0.22%
VERX	A	-0.22%
ADTN	A	-0.21%
PFSI	C	-0.2%
AAL	B	-0.2%
CNXC	F	-0.19%
CLVT	D	-0.18%
RCM	A	-0.17%
CWEN	C	-0.17%
KNTK	A	-0.16%
LTH	C	-0.15%
FR	D	-0.14%
GKOS	B	-0.13%
RHI	C	-0.13%
KEX	B	-0.13%
LEVI	F	-0.11%
ELAN	D	-0.11%
REYN	D	-0.1%
DDS	B	-0.09%
MIDD	C	-0.09%
HII	F	-0.07%
CWEN	C	-0.07%
BRBR	A	-0.07%
ACT	C	-0.07%
FG	A	-0.06%
ACHC	F	-0.06%
BWA	D	-0.06%
FCN	F	-0.05%
RRC	B	-0.05%
IVZ	B	-0.05%
WEX	D	-0.04%
MKSI	C	-0.03%
WSC	F	-0.02%
S	B	-0.0%