CLSE vs. PHEQ ETF Comparison
Comparison of Convergence Long/Short Equity ETF (CLSE) to Parametric Hedged Equity ETF (PHEQ)
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
PHEQ
Parametric Hedged Equity ETF
PHEQ Description
The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.Grade (RS Rating)
Last Trade
$29.49
Average Daily Volume
19,326
Number of Holdings
*
203
* may have additional holdings in another (foreign) market
Performance
| Period | CLSE | PHEQ |
|---|---|---|
| 30 Days | 4.69% | 1.99% |
| 60 Days | 6.81% | 3.02% |
| 90 Days | 9.38% | 3.86% |
| 12 Months | 39.93% | 16.61% |
64 Overlapping Holdings
| Symbol | Grade | Weight in CLSE | Weight in PHEQ | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 0.83% | 6.85% | 0.83% | |
| ABBV | D | 0.72% | 0.85% | 0.72% | |
| ABNB | C | -0.34% | 0.15% | -0.34% | |
| AMZN | C | 2.53% | 4.1% | 2.53% | |
| APO | B | -0.35% | 0.3% | -0.35% | |
| APTV | D | -0.32% | 0.14% | -0.32% | |
| AVGO | D | 2.28% | 1.71% | 1.71% | |
| BA | F | -0.4% | 0.32% | -0.4% | |
| BAC | A | 0.81% | 0.98% | 0.81% | |
| BAH | F | 0.18% | 0.12% | 0.12% | |
| BKNG | A | 0.44% | 0.39% | 0.39% | |
| BMY | B | 1.11% | 0.48% | 0.48% | |
| COR | B | 0.86% | 0.3% | 0.3% | |
| CPNG | D | 0.77% | 0.03% | 0.03% | |
| CSCO | B | -0.52% | 0.79% | -0.52% | |
| DELL | C | -0.25% | 0.14% | -0.25% | |
| ENPH | F | -0.11% | 0.03% | -0.11% | |
| EQR | B | 0.35% | 0.32% | 0.32% | |
| EXPD | D | 0.14% | 0.23% | 0.14% | |
| EXR | D | -0.13% | 0.32% | -0.13% | |
| FCNCA | A | -0.35% | 0.13% | -0.35% | |
| GLW | B | 0.52% | 0.25% | 0.25% | |
| GOOG | C | 0.49% | 1.9% | 0.49% | |
| GOOGL | C | 3.47% | 2.28% | 2.28% | |
| HD | A | 1.13% | 1.15% | 1.13% | |
| ILMN | D | 0.1% | 0.05% | 0.05% | |
| JNJ | D | 0.83% | 1.04% | 0.83% | |
| JPM | A | 0.64% | 1.73% | 0.64% | |
| LNG | B | 0.97% | 0.22% | 0.22% | |
| LPLA | A | -0.34% | 0.05% | -0.34% | |
| LRCX | F | 0.0% | 0.29% | 0.0% | |
| MDT | D | 0.29% | 0.51% | 0.29% | |
| META | D | 3.3% | 2.66% | 2.66% | |
| MKL | A | -0.14% | 0.23% | -0.14% | |
| MRNA | F | -0.47% | 0.01% | -0.47% | |
| MU | D | 2.13% | 0.31% | 0.31% | |
| NDAQ | A | -0.3% | 0.24% | -0.3% | |
| NEM | D | 0.22% | 0.23% | 0.22% | |
| NFLX | A | 0.79% | 0.8% | 0.79% | |
| NVDA | C | 4.61% | 7.12% | 4.61% | |
| ON | D | -0.39% | 0.14% | -0.39% | |
| ORCL | B | 1.33% | 0.73% | 0.73% | |
| PG | A | 0.45% | 1.09% | 0.45% | |
| PINS | D | -0.41% | 0.03% | -0.41% | |
| PLTR | B | 1.02% | 0.36% | 0.36% | |
| PRU | A | 0.13% | 0.37% | 0.13% | |
| PYPL | B | 1.33% | 0.28% | 0.28% | |
| QCOM | F | 1.73% | 0.33% | 0.33% | |
| RBLX | C | -0.41% | 0.12% | -0.41% | |
| RMD | C | 0.4% | 0.24% | 0.24% | |
| SCCO | F | 0.41% | 0.07% | 0.07% | |
| STLD | B | -0.13% | 0.11% | -0.13% | |
| SYF | B | 1.11% | 0.27% | 0.27% | |
| T | A | 0.29% | 0.68% | 0.29% | |
| TEAM | A | -0.27% | 0.06% | -0.27% | |
| TMUS | B | 0.7% | 0.51% | 0.51% | |
| TSLA | B | 1.22% | 1.91% | 1.22% | |
| TXN | C | -0.81% | 0.59% | -0.81% | |
| UNP | C | 0.47% | 0.52% | 0.47% | |
| VRT | B | 0.68% | 0.1% | 0.1% | |
| VRTX | F | 0.23% | 0.36% | 0.23% | |
| WBD | C | -0.43% | 0.18% | -0.43% | |
| WFC | A | 0.75% | 0.67% | 0.67% | |
| WMT | A | 1.82% | 0.96% | 0.96% |
CLSE Overweight 273 Positions Relative to PHEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | 2.25% | |
| HPE | B | 1.92% | |
| CVNA | B | 1.85% | |
| ANET | C | 1.83% | |
| IDCC | A | 1.51% | |
| GDDY | A | 1.42% | |
| CVLT | B | 1.4% | |
| DOCU | A | 1.37% | |
| ACIW | B | 1.3% | |
| JHG | A | 1.21% | |
| NTNX | A | 1.16% | |
| NTRS | A | 1.08% | |
| GILD | C | 1.07% | |
| SNEX | B | 1.06% | |
| NTAP | C | 1.0% | |
| SEIC | B | 0.95% | |
| HALO | F | 0.9% | |
| AMRX | C | 0.9% | |
| BFH | B | 0.88% | |
| GM | B | 0.87% | |
| CAH | B | 0.86% | |
| PPC | C | 0.85% | |
| GVA | A | 0.84% | |
| MLI | C | 0.84% | |
| CARG | C | 0.83% | |
| PRIM | A | 0.8% | |
| MO | A | 0.79% | |
| THC | D | 0.78% | |
| FITB | A | 0.78% | |
| DVA | B | 0.78% | |
| IESC | B | 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% | |
| APH | A | 0.67% | |
| UMBF | B | 0.66% | |
| ALSN | B | 0.66% | |
| MTZ | B | 0.66% | |
| AVT | C | 0.66% | |
| MWA | B | 0.65% | |
| BLK | C | 0.65% | |
| CHRW | C | 0.61% | |
| EXPE | B | 0.61% | |
| TSN | B | 0.6% | |
| FFIV | B | 0.6% | |
| FTDR | A | 0.58% | |
| AMG | B | 0.58% | |
| LDOS | C | 0.55% | |
| VST | B | 0.55% | |
| RGA | A | 0.55% | |
| MET | A | 0.52% | |
| SLVM | B | 0.5% | |
| UI | A | 0.49% | |
| EXP | A | 0.48% | |
| CACI | D | 0.48% | |
| PNW | B | 0.48% | |
| AVA | A | 0.47% | |
| PGR | A | 0.46% | |
| DUOL | A | 0.45% | |
| ALL | A | 0.45% | |
| LPX | B | 0.43% | |
| CTRE | D | 0.42% | |
| 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% | |
| 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% | |
| IIPR | D | 0.28% | |
| APA | D | 0.25% | |
| NVR | D | 0.24% | |
| MATX | C | 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% | |
| KR | B | 0.17% | |
| NTRA | B | 0.17% | |
| BOX | B | 0.17% | |
| JAZZ | B | 0.16% | |
| FOXA | B | 0.14% | |
| FN | D | 0.13% | |
| VCTR | B | 0.12% | |
| VCYT | B | 0.12% | |
| CINF | A | 0.12% | |
| CDE | D | 0.11% | |
| 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% | |
| CGON | F | -0.11% | |
| EL | F | -0.12% | |
| RBA | A | -0.12% | |
| FL | F | -0.12% | |
| PCH | D | -0.12% | |
| DLR | 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% | |
| AA | B | -0.14% | |
| EQIX | A | -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% | |
| 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% | |
| 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% | |
| APLS | D | -0.3% | |
| GTLB | B | -0.32% | |
| VVV | F | -0.33% | |
| CCOI | B | -0.33% | |
| ZBRA | B | -0.34% | |
| INSP | D | -0.34% | |
| AFRM | B | -0.35% | |
| CACC | D | -0.36% | |
| COHR | B | -0.36% | |
| BBIO | F | -0.36% | |
| ZI | D | -0.36% | |
| BEN | C | -0.36% | |
| DG | F | -0.4% | |
| SATS | D | -0.4% | |
| DLTR | F | -0.41% | |
| U | C | -0.41% | |
| RIVN | F | -0.42% | |
| TTWO | A | -0.43% | |
| SNPS | B | -0.44% | |
| ALGM | D | -0.45% | |
| DV | C | -0.45% | |
| CGNX | C | -0.45% | |
| GE | D | -0.46% | |
| CDNS | B | -0.46% | |
| SMCI | F | -0.47% | |
| RH | B | -0.47% | |
| CFLT | B | -0.47% | |
| CHTR | C | -0.48% | |
| 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% | |
| INTC | D | -0.93% | |
| FSLR | F | -1.26% |
CLSE Underweight 139 Positions Relative to PHEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | -6.55% | |
| BRK.A | B | -1.42% | |
| XOM | B | -1.4% | |
| LLY | F | -1.39% | |
| UNH | C | -1.37% | |
| V | A | -1.28% | |
| MA | C | -1.14% | |
| COST | B | -1.07% | |
| CVX | A | -0.84% | |
| KO | D | -0.77% | |
| PEP | F | -0.72% | |
| MRK | F | -0.69% | |
| LIN | D | -0.67% | |
| CRM | B | -0.63% | |
| NOW | A | -0.61% | |
| ABT | B | -0.6% | |
| TMO | F | -0.59% | |
| LMT | D | -0.58% | |
| ISRG | A | -0.58% | |
| DIS | B | -0.57% | |
| LOW | D | -0.57% | |
| AXP | A | -0.57% | |
| IBM | C | -0.56% | |
| CAT | B | -0.55% | |
| AMD | F | -0.51% | |
| ADBE | C | -0.48% | |
| TRGP | B | -0.46% | |
| KKR | A | -0.46% | |
| AMGN | D | -0.45% | |
| DE | A | -0.44% | |
| WM | A | -0.44% | |
| MMM | D | -0.44% | |
| CTAS | B | -0.42% | |
| ETR | B | -0.4% | |
| TRV | B | -0.39% | |
| DAL | C | -0.39% | |
| MS | A | -0.39% | |
| HWM | A | -0.36% | |
| AVB | B | -0.35% | |
| SCHW | B | -0.35% | |
| PPL | B | -0.34% | |
| KLAC | D | -0.34% | |
| K | A | -0.34% | |
| RSG | A | -0.34% | |
| LNT | A | -0.33% | |
| DOV | A | -0.33% | |
| YUM | B | -0.33% | |
| KMB | D | -0.33% | |
| OTIS | C | -0.33% | |
| HIG | B | -0.33% | |
| ROST | C | -0.32% | |
| LH | C | -0.31% | |
| CMS | C | -0.31% | |
| BRO | B | -0.31% | |
| HBAN | A | -0.31% | |
| DTE | C | -0.31% | |
| PANW | C | -0.3% | |
| DRI | B | -0.3% | |
| AEE | A | -0.3% | |
| PHM | D | -0.3% | |
| UBER | D | -0.29% | |
| DOC | D | -0.29% | |
| CNP | B | -0.28% | |
| AME | A | -0.28% | |
| MAA | B | -0.27% | |
| CFG | B | -0.26% | |
| MRVL | B | -0.25% | |
| MELI | D | -0.25% | |
| LII | A | -0.25% | |
| ARES | A | -0.25% | |
| MRO | B | -0.24% | |
| L | A | -0.24% | |
| FE | C | -0.24% | |
| URI | B | -0.24% | |
| JBHT | C | -0.24% | |
| FANG | D | -0.24% | |
| ULTA | F | -0.23% | |
| LYB | F | -0.22% | |
| HEI | B | -0.22% | |
| WRB | A | -0.21% | |
| SSNC | B | -0.21% | |
| REGN | F | -0.21% | |
| ARE | D | -0.21% | |
| AMCR | D | -0.21% | |
| LULU | C | -0.21% | |
| PFG | D | -0.2% | |
| MSTR | C | -0.2% | |
| ESS | B | -0.19% | |
| SPOT | B | -0.19% | |
| TTD | B | -0.18% | |
| ZM | B | -0.18% | |
| PPG | F | -0.18% | |
| CPB | D | -0.18% | |
| CSL | C | -0.18% | |
| CRWD | B | -0.17% | |
| CAG | D | -0.17% | |
| DVN | F | -0.17% | |
| IFF | D | -0.16% | |
| AKAM | D | -0.16% | |
| HAL | C | -0.16% | |
| MOH | F | -0.14% | |
| NDSN | B | -0.14% | |
| HEI | B | -0.14% | |
| ZBH | C | -0.14% | |
| HUBS | A | -0.14% | |
| MGM | D | -0.13% | |
| WDAY | B | -0.13% | |
| DASH | A | -0.13% | |
| HUBB | B | -0.13% | |
| DDOG | A | -0.13% | |
| ALNY | D | -0.13% | |
| SQ | B | -0.12% | |
| COIN | C | -0.12% | |
| TW | A | -0.11% | |
| IBKR | A | -0.11% | |
| VEEV | C | -0.1% | |
| SUI | D | -0.1% | |
| DOX | D | -0.09% | |
| TRU | D | -0.09% | |
| BLDR | D | -0.08% | |
| ZS | C | -0.08% | |
| NET | B | -0.07% | |
| AGR | B | -0.07% | |
| YUMC | C | -0.07% | |
| DKNG | B | -0.07% | |
| SNOW | C | -0.06% | |
| ALGN | D | -0.06% | |
| AVTR | F | -0.06% | |
| SNAP | C | -0.05% | |
| CE | F | -0.05% | |
| OWL | A | -0.05% | |
| OKTA | C | -0.04% | |
| WLK | D | -0.04% | |
| BSY | D | -0.04% | |
| RPRX | D | -0.04% | |
| SIRI | C | -0.03% | |
| RKT | F | -0.03% | |
| WSM | B | -0.02% | |
| WMG | C | -0.02% |
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Banks - Regional - US
Semiconductors
Asset Management
Diagnostics & Research
Engineering & Construction
Software - Infrastructure
Insurance - Property & Casualty
Building Materials
Internet Content & Information
Business Services
Capital Markets
Communication Equipment
Credit Services
Diversified Industrials
Information Technology Services
Leisure
Medical Devices
Oil & Gas E&P
PHEQ: Top Represented Industries & Keywords
Industries:
Software - Application
Software - Infrastructure
Semiconductors
Drug Manufacturers - Major
Internet Content & Information
Specialty Chemicals
Utilities - Regulated Electric
Biotechnology
Capital Markets
Credit Services
Diversified Industrials
REIT - Residential
Asset Management
Insurance - Property & Casualty
Medical Devices
Specialty Retail
Aerospace & Defense
Banks - Global
Banks - Regional - US
Business Services
Compare ETFs
