CLSE vs. LCDS ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to JPMorgan Fundamental Data Science Large Core ETF (LCDS)

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

LCDS

JPMorgan Fundamental Data Science Large Core ETF

LCDS Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities of large, well established companies. Many of the equity securities in the fund"s portfolio will be technology companies or companies that rely heavily on technological advances. In managing the fund, the adviser employs a fundamental data science enabled investment approach that combines research, data insights, and risk management. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.58

Average Daily Volume

109

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	LCDS
30 Days	4.69%	2.99%
60 Days	6.81%	5.00%
90 Days	9.38%	6.45%
12 Months	39.93%

27 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in LCDS	Overlap
AAPL	C	0.83%	5.88%	0.83%
ABBV	D	0.72%	1.51%	0.72%
AMZN	C	2.53%	4.7%	2.53%
APH	A	0.67%	0.68%	0.67%
APTV	D	-0.32%	0.11%	-0.32%
AVGO	D	2.28%	1.31%	1.31%
BAC	A	0.81%	1.34%	0.81%
BMY	B	1.11%	1.47%	1.11%
DLR	B	-0.13%	0.7%	-0.13%
EL	F	-0.12%	0.1%	-0.12%
EQIX	A	-0.14%	0.25%	-0.14%
FCNCA	A	-0.35%	0.41%	-0.35%
GOOGL	C	3.47%	3.04%	3.04%
HPE	B	1.92%	0.58%	0.58%
LDOS	C	0.55%	0.53%	0.53%
LRCX	F	0.0%	0.22%	0.0%
MDT	D	0.29%	0.66%	0.29%
MET	A	0.52%	0.91%	0.52%
META	D	3.3%	3.39%	3.3%
MU	D	2.13%	0.87%	0.87%
NVDA	C	4.61%	7.58%	4.61%
PGR	A	0.46%	1.02%	0.46%
SNPS	B	-0.44%	0.32%	-0.44%
TMUS	B	0.7%	0.69%	0.69%
TSLA	B	1.22%	1.14%	1.14%
VRTX	F	0.23%	0.45%	0.23%
WFC	A	0.75%	2.44%	0.75%

CLSE Overweight 310 Positions Relative to LCDS

Symbol	Grade	Weight
APP	B	2.25%
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%
JHG	A	1.21%
NTNX	A	1.16%
HD	A	1.13%
SYF	B	1.11%
NTRS	A	1.08%
GILD	C	1.07%
SNEX	B	1.06%
PLTR	B	1.02%
NTAP	C	1.0%
LNG	B	0.97%
SEIC	B	0.95%
HALO	F	0.9%
AMRX	C	0.9%
BFH	B	0.88%
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%
JNJ	D	0.83%
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%
CNX	A	0.74%
FTI	A	0.74%
UTHR	C	0.73%
PNC	B	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%
CEIX	A	0.7%
GEN	B	0.68%
VRT	B	0.68%
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%
VST	B	0.55%
RGA	A	0.55%
GLW	B	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%
AVA	A	0.47%
UNP	C	0.47%
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%
IIPR	D	0.28%
APA	D	0.25%
NVR	D	0.24%
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%
ABM	B	0.19%
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%
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%
CCS	D	-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%
MCW	B	-0.1%
ABG	B	-0.1%
ATO	A	-0.1%
ACVA	B	-0.11%
ENPH	F	-0.11%
CGON	F	-0.11%
RBA	A	-0.12%
FL	F	-0.12%
PCH	D	-0.12%
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%
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%
BHF	B	-0.16%
XPO	B	-0.16%
OSK	B	-0.16%
LGIH	D	-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%
ENOV	C	-0.18%
CHDN	B	-0.18%
UEC	B	-0.18%
EBC	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%
AIR	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%
GPOR	B	-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%
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%
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%
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 60 Positions Relative to LCDS

Symbol	Grade	Weight
MSFT	F	-7.47%
UNH	C	-2.16%
MA	C	-1.98%
XOM	B	-1.79%
SYK	C	-1.47%
AXP	A	-1.46%
PM	B	-1.45%
LOW	D	-1.33%
TT	A	-1.32%
CRM	B	-1.25%
CMCSA	B	-1.24%
UPS	C	-1.22%
HWM	A	-1.15%
EOG	A	-1.14%
AMP	A	-1.13%
HON	B	-1.12%
LLY	F	-1.11%
CSX	B	-1.1%
COP	C	-1.02%
MDLZ	F	-0.99%
NXPI	D	-0.93%
REGN	F	-0.89%
INTU	C	-0.88%
NOC	D	-0.87%
SO	D	-0.87%
MCD	D	-0.87%
CME	A	-0.76%
DHR	F	-0.76%
BRK.A	B	-0.75%
SQ	B	-0.75%
NEE	D	-0.73%
KO	D	-0.73%
DOV	A	-0.71%
FICO	B	-0.71%
DD	D	-0.71%
STX	D	-0.7%
PCG	A	-0.69%
MS	A	-0.66%
AXTA	A	-0.66%
TFC	A	-0.64%
HLT	A	-0.63%
SPOT	B	-0.62%
PLD	D	-0.61%
CI	F	-0.6%
CMS	C	-0.59%
CMG	B	-0.55%
DE	A	-0.54%
AZO	C	-0.54%
TJX	A	-0.53%
CTSH	B	-0.48%
PFGC	B	-0.47%
ELAN	D	-0.39%
WEX	D	-0.38%
BJ	A	-0.36%
MTG	C	-0.35%
COST	B	-0.34%
CHD	B	-0.3%
MSI	B	-0.21%
SBUX	A	-0.14%
LIN	D	-0.13%