CLSE vs. KOMP ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to SPDR Kensho New Economies Composite ETF (KOMP)

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

$22.51

Average Daily Volume

49,544

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

KOMP

SPDR Kensho New Economies Composite ETF

KOMP Description

The SPDR Kensho New Economies Composite ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Kensho New Economies Composite Index (the "Index") Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to pursue the potential of a new economy fueled by innovative companies disrupting traditional industries by leveraging advancements in exponential processing power, artificial intelligence, robotics, and automation May provide an effective way to pursue long-term growth potential by targeting companies within the sectors driving innovation within the new economy

Grade (RS Rating)

Last Trade

$49.35

Average Daily Volume

78,731

Number of Holdings ^*

403

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	KOMP
30 Days	5.51%	5.89%
60 Days	11.19%	11.10%
90 Days	4.00%	6.81%
12 Months	39.98%	30.12%

70 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in KOMP	Overlap
AAPL	C	1.95%	0.74%	0.74%
ACIW	A	1.16%	0.28%	0.28%
ADBE	F	-0.39%	0.06%	-0.39%
AES	C	-0.08%	0.34%	-0.08%
AGCO	D	-0.21%	0.14%	-0.21%
ALGM	F	-0.17%	0.04%	-0.17%
ALNY	C	0.25%	0.18%	0.18%
ALSN	A	0.35%	0.09%	0.09%
ARWR	F	-0.22%	0.07%	-0.22%
ASPN	C	0.25%	0.07%	0.07%
AUR	C	-0.34%	0.08%	-0.34%
AVAV	B	-0.2%	0.95%	-0.2%
AVGO	B	2.7%	0.16%	0.16%
BA	F	-0.37%	0.39%	-0.37%
BE	F	-0.2%	0.14%	-0.2%
BEAM	F	-0.17%	0.1%	-0.17%
BILL	D	-0.48%	0.14%	-0.48%
BMY	A	0.92%	0.09%	0.09%
BRKR	D	-0.09%	1.01%	-0.09%
CACI	A	0.44%	0.46%	0.44%
CAR	D	-0.06%	0.1%	-0.06%
CGNX	F	-0.45%	0.24%	-0.45%
CNH	C	-0.2%	0.12%	-0.2%
CVS	D	0.19%	0.1%	0.1%
DXCM	F	-0.23%	0.28%	-0.23%
EEFT	F	0.39%	0.18%	0.18%
ENPH	F	-0.32%	0.11%	-0.32%
FLYW	F	-0.22%	0.2%	-0.22%
FOUR	A	-0.37%	0.24%	-0.37%
GLW	C	0.28%	0.06%	0.06%
GM	D	0.51%	0.07%	0.07%
GMED	B	-0.28%	0.33%	-0.28%
GOOG	B	1.26%	0.17%	0.17%
GRMN	D	0.09%	0.53%	0.09%
GTLS	D	-0.2%	0.06%	-0.2%
INSP	C	-0.32%	0.63%	-0.32%
INTC	D	-0.8%	0.03%	-0.8%
IRTC	F	-0.21%	0.51%	-0.21%
KLAC	B	0.47%	0.25%	0.25%
LDOS	A	0.45%	1.03%	0.45%
LMT	A	0.54%	1.01%	0.54%
MARA	F	-0.34%	0.36%	-0.34%
MASI	B	-0.09%	0.73%	-0.09%
MDT	C	0.46%	0.57%	0.46%
META	A	3.31%	0.55%	0.55%
MRNA	F	-0.3%	0.05%	-0.3%
MSFT	D	1.01%	0.31%	0.31%
MU	D	1.05%	0.12%	0.12%
MWA	A	0.58%	0.12%	0.12%
NEE	C	0.54%	0.4%	0.4%
NRG	A	0.69%	0.29%	0.29%
NTLA	F	-0.18%	0.07%	-0.18%
NTRA	A	0.15%	0.11%	0.11%
NVDA	B	3.84%	0.26%	0.26%
ON	F	-0.34%	0.35%	-0.34%
PEN	D	-0.27%	0.17%	-0.27%
PGR	B	0.47%	0.39%	0.39%
PYPL	A	1.07%	0.24%	0.24%
QCOM	D	2.56%	0.04%	0.04%
RBLX	D	-0.13%	0.17%	-0.13%
REZI	D	0.55%	0.38%	0.38%
RIOT	F	-0.39%	0.32%	-0.39%
RIVN	F	-0.38%	0.1%	-0.38%
RTX	A	0.54%	0.24%	0.24%
SOFI	C	-0.2%	0.48%	-0.2%
TSLA	C	0.74%	0.24%	0.24%
TTWO	D	-0.47%	0.12%	-0.47%
U	D	-0.53%	0.37%	-0.53%
XYL	C	-0.22%	0.1%	-0.22%
ZBRA	B	-0.39%	0.43%	-0.39%

CLSE Overweight 261 Positions Relative to KOMP

Symbol	Grade	Weight
GOOGL	B	3.08%
AMZN	C	2.37%
HPE	B	2.06%
WMT	A	1.94%
ANET	A	1.93%
CVNA	A	1.82%
NTAP	D	1.74%
CVLT	B	1.65%
ORCL	A	1.46%
APP	A	1.45%
IBM	A	1.43%
GDDY	B	1.41%
DOCU	A	1.4%
HD	A	1.22%
IDCC	A	1.17%
ABBV	C	1.02%
T	B	1.01%
AMG	B	1.0%
SNEX	B	1.0%
JHG	A	0.97%
NTNX	C	0.95%
AVT	B	0.95%
SYF	A	0.94%
HALO	D	0.94%
GILD	A	0.91%
JNJ	D	0.91%
NTRS	B	0.89%
THC	D	0.86%
EME	B	0.86%
DVA	C	0.83%
AMRX	B	0.83%
OGN	F	0.83%
BAC	B	0.8%
MLI	B	0.78%
UHS	D	0.78%
VLO	F	0.77%
SEIC	B	0.77%
PPC	C	0.77%
MO	D	0.76%
BFH	D	0.74%
FTDR	B	0.73%
JXN	A	0.71%
PG	D	0.7%
CNC	F	0.7%
BG	F	0.69%
COR	F	0.68%
IIPR	C	0.67%
CHRW	C	0.67%
ADMA	A	0.67%
IESC	A	0.66%
GVA	A	0.65%
LNG	A	0.65%
UMBF	C	0.63%
FITB	C	0.61%
PATK	A	0.61%
PNC	C	0.59%
XOM	A	0.59%
RF	B	0.59%
JPM	C	0.59%
WFC	B	0.58%
CAH	B	0.58%
SLVM	C	0.58%
UNP	F	0.57%
MTZ	A	0.57%
VST	A	0.56%
MET	A	0.56%
PRIM	A	0.56%
MATX	C	0.56%
DVN	F	0.55%
AVA	D	0.55%
TSN	D	0.53%
NEM	C	0.52%
STRL	B	0.52%
OSCR	C	0.52%
RGA	B	0.52%
EXPE	B	0.5%
MRK	F	0.5%
PNW	C	0.48%
CNA	D	0.47%
ATGE	D	0.47%
LNTH	C	0.46%
CVX	B	0.45%
EXP	C	0.44%
MPC	D	0.44%
SCCO	B	0.44%
VRT	B	0.42%
EQR	C	0.41%
RGLD	C	0.41%
SPG	A	0.4%
ACT	B	0.39%
CFG	C	0.39%
FCX	B	0.38%
MUSA	D	0.38%
LAMR	C	0.36%
CAT	A	0.36%
CTRE	C	0.35%
NSA	D	0.35%
IBP	C	0.34%
TOL	C	0.34%
KBH	D	0.32%
J	F	0.32%
STAG	D	0.32%
ABM	D	0.32%
NFLX	A	0.31%
SM	D	0.31%
NVR	C	0.31%
BCO	C	0.31%
AMGN	D	0.28%
OUT	C	0.27%
BKNG	B	0.26%
CCL	C	0.25%
JLL	C	0.25%
ANF	D	0.24%
CPNG	C	0.18%
KMB	D	0.16%
KR	C	0.16%
SPOT	C	0.14%
QQQ	B	0.0%
ADUS	D	0.0%
MHO	C	0.0%
VTRS	D	0.0%
KNF	B	0.0%
MRO	B	0.0%
HRB	C	0.0%
JOBY	C	-0.04%
PENN	D	-0.07%
PGNY	F	-0.08%
MCW	F	-0.09%
CZR	B	-0.09%
NXST	D	-0.09%
AGL	F	-0.1%
DRVN	C	-0.1%
VAC	D	-0.1%
LGIH	C	-0.1%
HGV	F	-0.1%
AWR	B	-0.1%
VMC	D	-0.11%
HHH	C	-0.11%
ACVA	C	-0.11%
SBUX	B	-0.11%
SJM	D	-0.12%
ALIT	D	-0.12%
JBLU	B	-0.13%
PCH	C	-0.14%
PPBI	D	-0.14%
MTN	D	-0.14%
EXR	D	-0.15%
MKL	B	-0.15%
KRG	C	-0.15%
COLD	D	-0.15%
DAY	C	-0.15%
AA	B	-0.15%
BIRK	F	-0.15%
PYCR	D	-0.15%
WAL	C	-0.16%
THO	C	-0.16%
WY	C	-0.16%
CC	D	-0.16%
WTRG	D	-0.16%
CHDN	C	-0.16%
OKE	A	-0.17%
OSK	F	-0.17%
AESI	B	-0.17%
ENOV	F	-0.17%
UHAL	C	-0.17%
KNSL	B	-0.18%
LUV	B	-0.18%
CHK	C	-0.18%
TXG	F	-0.18%
VNO	B	-0.18%
HI	F	-0.18%
TFC	D	-0.19%
CINF	A	-0.19%
TTD	A	-0.19%
AJG	C	-0.19%
PNFP	B	-0.19%
LKQ	F	-0.19%
XPO	F	-0.19%
CGON	C	-0.19%
CACC	F	-0.2%
ELF	F	-0.2%
APD	C	-0.2%
KROS	C	-0.2%
GATX	F	-0.2%
BANC	D	-0.2%
GPOR	B	-0.21%
COLB	C	-0.21%
EW	F	-0.21%
MSCI	B	-0.21%
TREX	D	-0.21%
AIR	C	-0.21%
WOLF	F	-0.22%
COTY	F	-0.22%
RBA	D	-0.22%
FCNCA	D	-0.22%
WTM	C	-0.22%
UEC	C	-0.22%
KLIC	D	-0.23%
EL	D	-0.23%
SW	C	-0.24%
RNR	A	-0.24%
SUM	F	-0.24%
BIO	B	-0.24%
AEIS	B	-0.25%
CNX	A	-0.26%
AL	D	-0.26%
HSY	D	-0.26%
C	B	-0.26%
EQT	C	-0.27%
SITE	D	-0.27%
ALB	D	-0.27%
ROIV	D	-0.27%
LW	D	-0.28%
D	A	-0.29%
CELH	F	-0.29%
GE	B	-0.29%
PSA	C	-0.3%
NEOG	F	-0.3%
PTEN	F	-0.3%
GT	F	-0.3%
APLS	F	-0.31%
SRE	C	-0.31%
MNST	D	-0.31%
VVV	D	-0.31%
EVTC	D	-0.32%
FDS	C	-0.34%
MKTX	B	-0.34%
NDAQ	C	-0.35%
AFRM	C	-0.35%
BRZE	F	-0.36%
APO	A	-0.36%
LPLA	D	-0.37%
EXAS	C	-0.38%
LYV	A	-0.38%
PATH	D	-0.4%
CYTK	D	-0.41%
WBD	F	-0.42%
SATS	C	-0.43%
BBIO	F	-0.43%
ZI	F	-0.44%
MDB	D	-0.44%
GLOB	D	-0.45%
DLTR	F	-0.45%
CCOI	B	-0.45%
DV	F	-0.46%
CASY	D	-0.47%
LBRDK	C	-0.48%
PINS	D	-0.49%
CFLT	F	-0.51%
MCHP	F	-0.52%
FIVE	D	-0.52%
FIVN	F	-0.53%
RH	C	-0.54%
POOL	D	-0.56%
DELL	C	-0.6%
FND	C	-0.64%
GFS	F	-0.67%
LITE	A	-0.79%
WDC	C	-0.8%
LSCC	D	-0.81%
TXN	C	-0.85%

CLSE Underweight 333 Positions Relative to KOMP

Symbol	Grade	Weight
PSN	A	-1.26%
TDY	A	-1.21%
OII	D	-1.13%
UPST	C	-0.98%
KTOS	B	-0.97%
QTWO	B	-0.95%
PTC	B	-0.81%
AMBA	C	-0.79%
OSIS	C	-0.79%
RKT	D	-0.77%
EH	C	-0.75%
COIN	F	-0.74%
LC	D	-0.73%
NOC	B	-0.73%
OMCL	C	-0.73%
MELI	D	-0.66%
ISRG	C	-0.66%
SANM	D	-0.62%
HEI	C	-0.58%
BTBT	C	-0.58%
AIT	B	-0.56%
CBT	B	-0.56%
OSPN	D	-0.55%
ERJ	C	-0.52%
HON	C	-0.52%
IRDM	C	-0.51%
TWST	D	-0.51%
SAN	C	-0.51%
GNRC	B	-0.5%
CARR	A	-0.48%
MA	A	-0.48%
JCI	C	-0.46%
CRS	B	-0.46%
MIR	B	-0.45%
GD	C	-0.43%
AMRC	C	-0.42%
ORA	C	-0.42%
ADTN	C	-0.42%
COHR	B	-0.41%
CAN	D	-0.41%
RKLB	B	-0.4%
LQDA	F	-0.39%
CEG	A	-0.39%
AY	C	-0.39%
CIFR	C	-0.39%
PRCT	D	-0.36%
ALL	A	-0.36%
DE	C	-0.36%
SLAB	D	-0.36%
AGR	C	-0.34%
TD	B	-0.34%
HPQ	B	-0.34%
ARLO	F	-0.34%
DHR	D	-0.34%
MRCY	B	-0.33%
ALE	A	-0.33%
ALRM	F	-0.32%
ADSK	B	-0.32%
TAC	A	-0.32%
PAR	D	-0.32%
BLKB	C	-0.32%
TXT	F	-0.32%
SYK	C	-0.32%
DDD	D	-0.32%
ROKU	C	-0.31%
EBR	F	-0.31%
ING	D	-0.31%
SNAP	D	-0.31%
FTI	B	-0.3%
JBT	B	-0.3%
HOOD	B	-0.29%
VREX	F	-0.29%
HQY	B	-0.29%
HII	F	-0.29%
BSX	A	-0.29%
TMO	D	-0.28%
ABT	C	-0.28%
TER	C	-0.27%
EMR	B	-0.27%
SHOP	B	-0.26%
HUN	B	-0.26%
ALLY	F	-0.26%
ROK	D	-0.26%
CSCO	A	-0.25%
AYI	A	-0.25%
SKM	C	-0.25%
BIDU	C	-0.25%
MSA	F	-0.25%
GRAB	C	-0.24%
MOG.A	C	-0.24%
CLSK	F	-0.24%
ANSS	D	-0.24%
RNW	D	-0.24%
TEL	D	-0.24%
XRX	D	-0.24%
SCHW	D	-0.24%
DCO	B	-0.23%
GDOT	C	-0.23%
ESE	C	-0.23%
ATI	C	-0.23%
VSAT	F	-0.22%
CRL	F	-0.22%
BABA	A	-0.22%
STVN	F	-0.22%
IRBT	D	-0.22%
PAY	D	-0.22%
LHX	A	-0.22%
DLO	D	-0.21%
GRFS	C	-0.21%
SNN	D	-0.21%
BILI	B	-0.21%
FIS	A	-0.21%
VMI	B	-0.21%
AMPS	F	-0.21%
GNTX	D	-0.21%
VC	F	-0.21%
GPN	F	-0.2%
PRVA	F	-0.2%
TRMB	B	-0.2%
RMD	C	-0.2%
V	B	-0.2%
DOV	C	-0.2%
FNA	F	-0.2%
AMAT	C	-0.2%
MTCH	B	-0.19%
CX	F	-0.19%
VMEO	C	-0.19%
XRAY	D	-0.19%
YY	C	-0.18%
MOMO	B	-0.18%
PKX	D	-0.18%
MQ	F	-0.18%
KODK	D	-0.18%
HXL	F	-0.18%
CNMD	F	-0.18%
GGAL	B	-0.18%
NOVT	C	-0.18%
SQ	D	-0.18%
AMD	C	-0.18%
LNN	C	-0.17%
RDWR	B	-0.17%
FMC	C	-0.17%
FTNT	A	-0.17%
EA	D	-0.17%
SE	B	-0.17%
ZTS	C	-0.17%
VRNS	B	-0.17%
B	A	-0.17%
ZBH	F	-0.17%
XPEV	C	-0.17%
FFIV	B	-0.17%
AGYS	D	-0.16%
BYND	D	-0.16%
A	B	-0.16%
CHKP	A	-0.16%
CDNA	B	-0.16%
HLX	C	-0.16%
MTD	C	-0.16%
STLA	F	-0.16%
BWXT	A	-0.16%
TDOC	D	-0.15%
MD	B	-0.15%
PAGS	F	-0.15%
WB	B	-0.15%
WVE	C	-0.15%
NXPI	F	-0.15%
HIMS	C	-0.15%
CYBR	C	-0.15%
SHLS	F	-0.15%
LSPD	C	-0.15%
NOVA	F	-0.15%
UBER	C	-0.15%
MCK	F	-0.15%
KALU	D	-0.15%
JNPR	C	-0.15%
GDRX	F	-0.15%
NIO	C	-0.15%
NTCT	C	-0.15%
LECO	D	-0.15%
RARE	D	-0.14%
TTMI	D	-0.14%
DOCS	A	-0.14%
AKAM	D	-0.14%
SXI	B	-0.14%
SMG	C	-0.14%
SYNA	F	-0.14%
BNTX	B	-0.14%
NET	D	-0.14%
PANW	B	-0.14%
UCTT	D	-0.14%
LCID	F	-0.14%
IPGP	D	-0.14%
RPAY	F	-0.14%
TDG	A	-0.14%
S	C	-0.14%
ADI	B	-0.14%
NABL	F	-0.13%
LFMD	F	-0.13%
ATEN	B	-0.13%
WTTR	B	-0.13%
MNDY	B	-0.13%
BALL	C	-0.13%
ERII	C	-0.13%
KBR	A	-0.13%
APH	D	-0.13%
TME	B	-0.13%
NTES	B	-0.13%
BLNK	F	-0.13%
CMI	A	-0.13%
PHG	A	-0.12%
TTEK	A	-0.12%
CTVA	A	-0.12%
RNA	B	-0.12%
VLTO	A	-0.12%
RPD	D	-0.12%
BMI	A	-0.12%
TENB	D	-0.12%
EXLS	B	-0.12%
ZD	D	-0.12%
ZS	F	-0.12%
DDOG	B	-0.12%
PNR	C	-0.12%
CI	D	-0.11%
ATR	A	-0.11%
SMAR	A	-0.11%
DGX	D	-0.11%
EVH	D	-0.11%
PLUG	D	-0.11%
UNH	B	-0.11%
LYFT	D	-0.11%
RDY	D	-0.11%
MRUS	D	-0.11%
QLYS	F	-0.11%
BOX	C	-0.11%
SRPT	F	-0.11%
ANDE	D	-0.11%
CTLT	A	-0.11%
JMIA	D	-0.11%
CRVL	C	-0.11%
ARCT	D	-0.1%
LEGN	F	-0.1%
TWLO	B	-0.1%
RUN	D	-0.1%
XNCR	D	-0.1%
SQM	D	-0.1%
DBX	C	-0.1%
TECH	D	-0.1%
LI	C	-0.1%
FATE	F	-0.1%
GEV	A	-0.1%
ZM	B	-0.1%
ITRI	C	-0.1%
CRWD	D	-0.1%
IOVA	D	-0.1%
PINC	F	-0.1%
ALLO	D	-0.1%
BMBL	F	-0.1%
KRYS	D	-0.1%
MOS	F	-0.1%
OKTA	F	-0.1%
DAR	F	-0.1%
VERV	F	-0.09%
WK	D	-0.09%
BIIB	F	-0.09%
MRVI	F	-0.09%
NVS	D	-0.09%
SNY	C	-0.09%
PSNY	D	-0.09%
AUTL	D	-0.09%
STM	F	-0.08%
CHPT	F	-0.08%
HY	D	-0.08%
REGN	D	-0.08%
TEAM	D	-0.08%
IONS	F	-0.08%
VRTX	D	-0.08%
NVAX	C	-0.08%
ITUB	D	-0.08%
RGNX	F	-0.08%
RCKT	F	-0.08%
ATEC	F	-0.08%
RNG	F	-0.08%
FSLR	C	-0.07%
THRM	F	-0.07%
VNT	F	-0.07%
OCGN	F	-0.07%
ASAN	F	-0.07%
MOD	B	-0.07%
BWA	C	-0.07%
AME	C	-0.07%
NVEE	F	-0.07%
BLBD	D	-0.07%
TM	D	-0.07%
ROP	D	-0.07%
HMC	D	-0.07%
ACA	C	-0.07%
BAND	C	-0.07%
IMTX	F	-0.07%
CRSP	F	-0.07%
VIR	F	-0.07%
ACCD	F	-0.06%
DAN	D	-0.06%
AXL	F	-0.06%
EDIT	F	-0.06%
REVG	D	-0.06%
AMSC	C	-0.06%
FLNC	C	-0.06%
TITN	F	-0.06%
CNM	F	-0.06%
CSIQ	D	-0.06%
JKS	C	-0.06%
IQ	D	-0.06%
BMRN	F	-0.06%
DQ	C	-0.06%
BP	F	-0.06%
GTX	F	-0.06%
AZTA	F	-0.06%
ROCK	D	-0.05%
PCAR	D	-0.05%
FDMT	F	-0.05%
SEDG	F	-0.05%
RXRX	F	-0.05%
MT	B	-0.05%
IDYA	F	-0.05%
ARRY	F	-0.04%
MODV	F	-0.04%
APTV	D	-0.04%
LEA	F	-0.04%
F	D	-0.04%
ST	F	-0.04%
STEM	F	-0.03%
INDI	F	-0.03%
LAZR	F	-0.02%