CLSE vs. QUS ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to SPDR MSCI USA Quality Mix ETF (QUS)
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
QUS

SPDR MSCI USA Quality Mix ETF

QUS Description The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$160.99

Average Daily Volume

15,214

Number of Holdings *

583

* may have additional holdings in another (foreign) market
Performance
Period CLSE QUS
30 Days 4.18% 1.13%
60 Days 7.10% 2.86%
90 Days 9.38% 3.85%
12 Months 39.93% 28.61%
164 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in QUS Overlap
AAPL C 0.83% 3.24% 0.83%
ABBV F 0.72% 0.49% 0.49%
ABNB C -0.34% 0.02% -0.34%
AES F -0.08% 0.01% -0.08%
AJG A -0.17% 0.46% -0.17%
ALB B -0.16% 0.02% -0.16%
ALL A 0.45% 0.06% 0.06%
AMZN C 2.53% 0.69% 0.69%
ANET C 1.83% 0.39% 0.39%
APA D 0.25% 0.05% 0.05%
APD A -0.15% 0.05% -0.15%
APH A 0.67% 0.71% 0.67%
APO B -0.35% 0.03% -0.35%
APP B 2.25% 0.02% 0.02%
APTV F -0.32% 0.02% -0.32%
ATO A -0.1% 0.04% -0.1%
AVGO D 2.28% 0.58% 0.58%
AWK C -0.26% 0.02% -0.26%
BA F -0.4% 0.02% -0.4%
BAC A 0.81% 0.69% 0.69%
BAH F 0.18% 0.2% 0.18%
BEN C -0.36% 0.01% -0.36%
BKNG A 0.44% 0.04% 0.04%
BLK B 0.65% 0.46% 0.46%
BMY B 1.11% 0.34% 0.34%
C A -0.19% 0.45% -0.19%
CAH B 0.86% 0.12% 0.12%
CCL A 0.35% 0.01% 0.01%
CDNS B -0.46% 0.29% -0.46%
CELH F -0.24% 0.0% -0.24%
CF A 0.37% 0.03% 0.03%
CHRW B 0.61% 0.02% 0.02%
CHTR C -0.48% 0.09% -0.48%
CINF A 0.12% 0.03% 0.03%
CNC D 0.31% 0.08% 0.08%
CNH C -0.18% 0.03% -0.18%
COR B 0.86% 0.35% 0.35%
CRL D -0.15% 0.01% -0.15%
CSCO B -0.52% 1.34% -0.52%
CVS D 0.29% 0.29% 0.29%
DAY B -0.14% 0.0% -0.14%
DELL B -0.25% 0.06% -0.25%
DG F -0.4% 0.02% -0.4%
DLR B -0.13% 0.04% -0.13%
DLTR F -0.41% 0.02% -0.41%
DOCU B 1.37% 0.0% 0.0%
DVA C 0.78% 0.01% 0.01%
DXCM C -0.63% 0.0% -0.63%
EL F -0.12% 0.01% -0.12%
EME A 0.75% 0.08% 0.08%
ENPH F -0.11% 0.02% -0.11%
EQIX A -0.14% 0.02% -0.14%
EQR C 0.35% 0.02% 0.02%
EQT B -0.23% 0.03% -0.23%
EW C -0.16% 0.12% -0.16%
EXAS D -0.07% 0.0% -0.07%
EXPD C 0.14% 0.06% 0.06%
EXPE B 0.61% 0.02% 0.02%
EXR C -0.13% 0.02% -0.13%
FCNCA A -0.35% 0.34% -0.35%
FFIV B 0.6% 0.23% 0.23%
FITB B 0.78% 0.06% 0.06%
FOXA A 0.14% 0.02% 0.02%
FSLR F -1.26% 0.03% -1.26%
GDDY A 1.42% 0.34% 0.34%
GE D -0.46% 0.11% -0.46%
GEN B 0.68% 0.13% 0.13%
GILD C 1.07% 0.43% 0.43%
GLW B 0.52% 0.14% 0.14%
GM C 0.87% 0.32% 0.32%
GOOG C 0.49% 1.12% 0.49%
GOOGL C 3.47% 1.2% 1.2%
GRMN B 0.37% 0.2% 0.2%
HD B 1.13% 0.35% 0.35%
HPE B 1.92% 0.06% 0.06%
HSY F -0.24% 0.18% -0.24%
ILMN C 0.1% 0.01% 0.01%
INCY C 0.07% 0.2% 0.07%
INTC C -0.93% 0.18% -0.93%
J D 0.31% 0.02% 0.02%
JNJ C 0.83% 1.64% 0.83%
JPM A 0.64% 1.06% 0.64%
KEY B -0.25% 0.04% -0.25%
KNX C -0.06% 0.04% -0.06%
KR B 0.17% 0.31% 0.17%
LDOS C 0.55% 0.02% 0.02%
LKQ F -0.17% 0.02% -0.17%
LNG A 0.97% 0.05% 0.05%
LPLA A -0.34% 0.07% -0.34%
LRCX F 0.0% 0.3% 0.0%
LW C -0.25% 0.03% -0.25%
LYV A -0.3% 0.01% -0.3%
MCHP F -0.63% 0.1% -0.63%
MDB B -0.29% 0.0% -0.29%
MDT D 0.29% 0.15% 0.15%
MET A 0.52% 0.09% 0.09%
META D 3.3% 2.32% 2.32%
MKL A -0.14% 0.15% -0.14%
MKTX D -0.29% 0.03% -0.29%
MLM C -0.13% 0.02% -0.13%
MNST C -0.28% 0.12% -0.28%
MO A 0.79% 0.07% 0.07%
MPWR F 0.3% 0.07% 0.07%
MRNA F -0.47% 0.01% -0.47%
MSCI C -0.27% 0.01% -0.27%
MU D 2.13% 0.07% 0.07%
NDAQ A -0.3% 0.02% -0.3%
NEM D 0.22% 0.18% 0.18%
NFLX A 0.79% 0.14% 0.14%
NRG B 0.71% 0.03% 0.03%
NSC B -0.1% 0.05% -0.1%
NTAP C 1.0% 0.16% 0.16%
NTRS A 1.08% 0.03% 0.03%
NVDA B 4.61% 2.76% 2.76%
NVR D 0.24% 0.11% 0.11%
ON D -0.39% 0.02% -0.39%
ORCL A 1.33% 0.53% 0.53%
PG C 0.45% 0.59% 0.45%
PGR A 0.46% 0.65% 0.46%
PINS F -0.41% 0.0% -0.41%
PLTR B 1.02% 0.01% 0.01%
PNC B 0.72% 0.17% 0.17%
POOL C -0.61% 0.04% -0.61%
PRU A 0.13% 0.08% 0.08%
PSA C -0.23% 0.14% -0.23%
PYPL B 1.33% 0.08% 0.08%
QCOM F 1.73% 0.55% 0.55%
RBLX C -0.41% 0.0% -0.41%
RF A 0.72% 0.06% 0.06%
RIVN F -0.42% 0.01% -0.42%
RMD C 0.4% 0.09% 0.09%
ROP B -0.7% 0.46% -0.7%
SEIC B 0.95% 0.03% 0.03%
SMCI F -0.47% 0.03% -0.47%
SNPS B -0.44% 0.28% -0.44%
SPG A 0.37% 0.03% 0.03%
SRE A -0.2% 0.06% -0.2%
STLD B -0.13% 0.04% -0.13%
SW A -0.17% 0.03% -0.17%
SYF B 1.11% 0.06% 0.06%
T A 0.29% 0.69% 0.29%
TEAM A -0.27% 0.0% -0.27%
TMUS B 0.7% 0.78% 0.7%
TSLA B 1.22% 0.28% 0.28%
TSN B 0.6% 0.3% 0.3%
TTWO A -0.43% 0.01% -0.43%
TXN C -0.81% 1.06% -0.81%
UHAL D -0.16% 0.01% -0.16%
UHS D 0.7% 0.02% 0.02%
UNP C 0.47% 0.08% 0.08%
UTHR C 0.73% 0.1% 0.1%
VLO C 0.29% 0.15% 0.15%
VMC B -0.13% 0.02% -0.13%
VRT B 0.68% 0.01% 0.01%
VRTX D 0.23% 0.57% 0.23%
VST A 0.55% 0.02% 0.02%
WBD B -0.43% 0.11% -0.43%
WDC D -0.65% 0.02% -0.65%
WFC A 0.75% 0.5% 0.5%
WMT A 1.82% 0.94% 0.94%
WST C -0.59% 0.06% -0.59%
WTRG B -0.24% 0.01% -0.24%
XYL D -0.23% 0.01% -0.23%
ZBRA B -0.34% 0.01% -0.34%
CLSE Overweight 173 Positions Relative to QUS
Symbol Grade Weight
CVNA B 1.85%
IDCC B 1.51%
CVLT B 1.4%
ACIW B 1.3%
JHG B 1.21%
NTNX B 1.16%
SNEX B 1.06%
HALO F 0.9%
AMRX C 0.9%
BFH C 0.88%
PPC C 0.85%
GVA A 0.84%
MLI B 0.84%
CARG B 0.83%
PRIM A 0.8%
THC D 0.78%
IESC C 0.77%
CPNG D 0.77%
CNX A 0.74%
FTI A 0.74%
STRL A 0.71%
ZION B 0.71%
CMA B 0.71%
CEIX A 0.7%
UMBF B 0.66%
ALSN B 0.66%
MTZ B 0.66%
AVT C 0.66%
MWA B 0.65%
FTDR B 0.58%
AMG B 0.58%
RGA A 0.55%
SLVM B 0.5%
UI B 0.49%
EXP B 0.48%
CACI D 0.48%
PNW A 0.48%
AVA A 0.47%
DUOL A 0.45%
LPX B 0.43%
CTRE C 0.42%
SCCO F 0.41%
JXN C 0.39%
SR A 0.38%
R B 0.38%
CNA C 0.37%
OUT A 0.36%
CDP C 0.34%
RGLD C 0.32%
PTON A 0.31%
LAMR C 0.31%
IIPR D 0.28%
MATX C 0.22%
TOL B 0.22%
EEFT B 0.22%
FLR B 0.21%
JLL D 0.2%
MUSA B 0.2%
ABM B 0.19%
NTRA A 0.17%
BOX B 0.17%
JAZZ B 0.16%
FN C 0.13%
VCTR B 0.12%
VCYT B 0.12%
CDE C 0.11%
AEIS C 0.07%
HQY A 0.07%
QQQ B 0.0%
LNTH D 0.0%
PENN C -0.05%
HGV C -0.06%
HUN F -0.07%
RYN D -0.07%
COOP B -0.07%
CCS D -0.07%
BC C -0.08%
JOE F -0.08%
FLYW B -0.08%
GNTX C -0.09%
JBLU F -0.09%
MCW C -0.1%
ABG C -0.1%
ACVA B -0.11%
CGON F -0.11%
RBA A -0.12%
FL F -0.12%
PCH F -0.12%
AVAV C -0.13%
ALIT C -0.13%
BPOP C -0.14%
PYCR B -0.14%
REXR F -0.14%
ARWR D -0.14%
AA A -0.14%
CZR F -0.15%
COLD D -0.15%
GTLS A -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%
OSK C -0.16%
LGIH F -0.16%
DAR C -0.16%
AGO B -0.16%
SITE F -0.16%
TEX F -0.17%
TREX C -0.17%
MDGL B -0.17%
MASI 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%
BRKR D -0.18%
WAL B -0.19%
AIR B -0.19%
KNSL B -0.2%
GATX 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%
MTN C -0.22%
SAIA B -0.22%
SUM B -0.22%
ELF C -0.24%
IONS F -0.24%
GPOR B -0.24%
BILL A -0.26%
NEOG F -0.26%
AUR C -0.26%
VAL F -0.27%
FOUR A -0.27%
STNE F -0.27%
PTEN C -0.27%
SOFI B -0.28%
ESTC C -0.29%
XP F -0.29%
CYTK F -0.3%
APLS F -0.3%
GTLB B -0.32%
VVV D -0.33%
CCOI B -0.33%
INSP D -0.34%
AFRM A -0.35%
CACC D -0.36%
COHR B -0.36%
BBIO F -0.36%
ZI D -0.36%
SATS D -0.4%
U C -0.41%
ALGM D -0.45%
DV C -0.45%
CGNX D -0.45%
RH C -0.47%
CFLT B -0.47%
FND D -0.53%
BRZE C -0.56%
FIVE F -0.56%
NWS A -0.57%
LITE B -0.6%
LSCC D -0.7%
CLSE Underweight 419 Positions Relative to QUS
Symbol Grade Weight
MSFT D -2.7%
UNH B -2.21%
LLY F -1.92%
V A -1.91%
MA B -1.69%
COST A -1.31%
ACN B -1.18%
BRK.A B -1.1%
PEP F -1.01%
VZ C -0.81%
KO D -0.81%
XOM B -0.81%
LMT D -0.72%
ADBE C -0.71%
MMC B -0.69%
IBM C -0.67%
CB C -0.65%
CAT B -0.63%
MSI B -0.63%
MCK A -0.61%
DUK C -0.6%
TJX A -0.56%
CVX A -0.55%
NOC D -0.55%
ADP A -0.54%
RSG A -0.54%
SO C -0.54%
HON C -0.53%
WCN A -0.53%
WM B -0.52%
MCD D -0.5%
AMAT F -0.48%
TRV B -0.47%
MRK D -0.46%
ED C -0.42%
CMCSA B -0.42%
CTSH B -0.39%
ACGL C -0.38%
AZO C -0.36%
PFE F -0.33%
PANW B -0.32%
MPC D -0.32%
FI A -0.31%
EA A -0.31%
GS A -0.3%
WEC A -0.29%
K A -0.29%
CBOE C -0.29%
ELV F -0.29%
KLAC F -0.29%
MMM D -0.28%
NKE F -0.28%
NOW A -0.27%
AMGN F -0.27%
ITW B -0.27%
SHW B -0.26%
ORLY B -0.26%
KEYS A -0.26%
TT A -0.26%
ZTS D -0.25%
REGN F -0.25%
GIS D -0.25%
CI D -0.24%
BDX F -0.24%
CME B -0.23%
KDP F -0.23%
CTAS B -0.23%
AFL B -0.22%
MDLZ F -0.22%
CMG B -0.22%
FANG C -0.22%
VRSN C -0.22%
MS A -0.21%
MCO B -0.21%
AON A -0.21%
TDY B -0.21%
HUM C -0.2%
GWW B -0.2%
FICO B -0.2%
XEL A -0.2%
YUM D -0.19%
DHI F -0.19%
AEP C -0.19%
CDW F -0.19%
EG C -0.18%
KHC F -0.18%
PTC B -0.18%
UBER F -0.18%
RTX D -0.18%
CL D -0.17%
JNPR D -0.17%
ERIE D -0.17%
COF C -0.17%
COP C -0.17%
ROL B -0.17%
CMI A -0.17%
DIS B -0.17%
ABT B -0.16%
TFC A -0.16%
ADSK A -0.16%
WTW B -0.16%
USB A -0.16%
F C -0.16%
CTVA C -0.16%
PAYX B -0.16%
WMB A -0.15%
VRSK A -0.15%
AFG A -0.15%
WDAY B -0.15%
FAST B -0.15%
EOG A -0.15%
LIN C -0.15%
D C -0.14%
ADI D -0.14%
CPRT B -0.14%
ICE C -0.14%
CHD A -0.14%
AKAM D -0.14%
PSX C -0.14%
LOW C -0.13%
MOH F -0.13%
IT C -0.13%
ODFL C -0.13%
CRM B -0.12%
CPB D -0.12%
AIG B -0.12%
FDX B -0.12%
LULU C -0.12%
WRB A -0.12%
IDXX F -0.12%
L A -0.12%
AIZ A -0.12%
AXP A -0.11%
PHM D -0.11%
A D -0.11%
NBIX C -0.11%
AEE A -0.11%
PM B -0.11%
UPS C -0.11%
DTE C -0.1%
NEE C -0.1%
KMB C -0.1%
OXY D -0.1%
TGT F -0.1%
ROK C -0.1%
TMO F -0.1%
DE B -0.1%
DHR F -0.09%
PKG A -0.09%
TPL A -0.09%
CMS C -0.09%
DECK A -0.09%
TSCO D -0.09%
HIG B -0.09%
BK A -0.09%
TROW B -0.09%
BBY D -0.09%
HRL D -0.08%
PLD F -0.08%
BLDR D -0.08%
ULTA F -0.08%
BMRN F -0.08%
ADM D -0.08%
VLTO C -0.08%
MTB A -0.08%
HUBS A -0.08%
VEEV C -0.08%
STX C -0.07%
HUBB B -0.07%
MANH D -0.07%
SPGI C -0.07%
DPZ C -0.07%
WAT C -0.07%
KMI A -0.07%
CFG B -0.07%
OMC C -0.07%
TW A -0.07%
GD D -0.07%
SCHW B -0.07%
HPQ B -0.07%
MELI C -0.07%
HOLX D -0.07%
NUE C -0.07%
DFS B -0.07%
ALNY D -0.07%
PCAR B -0.06%
SOLV D -0.06%
WSO A -0.06%
HBAN A -0.06%
EXC C -0.06%
WSM C -0.06%
STT B -0.06%
PCG A -0.06%
DGX A -0.06%
DOW F -0.06%
HCA F -0.06%
SBUX A -0.06%
AMD F -0.06%
LEN D -0.06%
WBA F -0.06%
SNA A -0.06%
CRWD B -0.06%
GEV B -0.05%
SYY D -0.05%
BG D -0.05%
BX A -0.05%
ETR B -0.05%
SWKS F -0.05%
GGG B -0.05%
IEX C -0.05%
CBRE B -0.05%
LNT A -0.05%
ETN A -0.05%
JBHT C -0.05%
FDS B -0.05%
JCI B -0.05%
EMR B -0.05%
VTRS A -0.05%
SLB C -0.05%
CSX C -0.05%
SYK B -0.05%
OKE A -0.05%
ISRG A -0.04%
WELL A -0.04%
CARR C -0.04%
MRO B -0.04%
VICI C -0.04%
AMT C -0.04%
JKHY D -0.04%
INTU B -0.04%
ALLE C -0.04%
IP A -0.04%
PEG A -0.04%
PH A -0.04%
OTIS C -0.04%
GPN B -0.04%
AMP A -0.04%
URI C -0.04%
DD C -0.04%
BSX A -0.04%
O C -0.04%
KVUE A -0.04%
FCX F -0.04%
BKR A -0.04%
EPAM B -0.04%
KKR A -0.04%
LHX C -0.04%
DVN F -0.04%
EIX B -0.04%
TER F -0.04%
LYB F -0.04%
CCI C -0.03%
ES C -0.03%
PPL A -0.03%
ALLY C -0.03%
RS B -0.03%
TTC C -0.03%
HAL C -0.03%
NXPI D -0.03%
AOS F -0.03%
PARA C -0.03%
ACI C -0.03%
KMX B -0.03%
TRGP A -0.03%
BR A -0.03%
GEHC D -0.03%
WY F -0.03%
SQ A -0.03%
ROST D -0.03%
JBL C -0.03%
OVV B -0.03%
CEG C -0.03%
LH B -0.03%
MOS F -0.03%
CTRA B -0.03%
FIS C -0.03%
PFG D -0.03%
RJF A -0.03%
PAYC B -0.03%
DRI B -0.02%
SSNC B -0.02%
CPAY A -0.02%
CCK D -0.02%
BALL F -0.02%
SJM D -0.02%
STZ D -0.02%
AMCR C -0.02%
EMN C -0.02%
DOV A -0.02%
VTR B -0.02%
IR B -0.02%
GPC D -0.02%
FTV C -0.02%
ARE F -0.02%
NI A -0.02%
EQH C -0.02%
IFF D -0.02%
KIM A -0.02%
MAR A -0.02%
TXT D -0.02%
EBAY D -0.02%
MRVL B -0.02%
CAG F -0.02%
AVB B -0.02%
OC A -0.02%
IQV F -0.02%
FNF B -0.02%
CRBG B -0.02%
CNP A -0.02%
EVRG A -0.02%
WAB B -0.02%
SWK D -0.02%
HES B -0.02%
PWR A -0.02%
BIIB F -0.02%
ZBH C -0.02%
BAX F -0.02%
DINO D -0.02%
AME A -0.02%
TAP C -0.02%
FE C -0.02%
PPG F -0.02%
ECL D -0.02%
TTD B -0.01%
HOOD B -0.01%
ENTG D -0.01%
MTCH D -0.01%
TYL B -0.01%
MTD F -0.01%
BIO C -0.01%
LUV C -0.01%
BBWI C -0.01%
NDSN B -0.01%
Z A -0.01%
LII A -0.01%
ALGN D -0.01%
QRVO F -0.01%
LVS B -0.01%
TFX F -0.01%
SBAC D -0.01%
ARES A -0.01%
UDR B -0.01%
CSGP D -0.01%
AMH C -0.01%
WLK D -0.01%
CTLT C -0.01%
RPRX D -0.01%
ANSS B -0.01%
MGM D -0.01%
TDG D -0.01%
DASH B -0.01%
CPT B -0.01%
GLPI C -0.01%
AVY F -0.01%
HII F -0.01%
FBIN D -0.01%
HST C -0.01%
TRU D -0.01%
CSL C -0.01%
AVTR F -0.01%
FOX A -0.01%
ESS B -0.01%
IRM C -0.01%
MAS D -0.01%
PNR A -0.01%
REG A -0.01%
RPM A -0.01%
NWSA A -0.01%
HLT A -0.01%
RCL A -0.01%
SUI C -0.01%
CE F -0.01%
CLX A -0.01%
WPC C -0.01%
MKC C -0.01%
FTNT C -0.01%
STE D -0.01%
TWLO A -0.01%
HSIC C -0.01%
INVH D -0.01%
TRMB B -0.01%
BURL B -0.01%
MAA B -0.01%
ACM B -0.01%
DOC C -0.01%
COIN C -0.01%
DAL B -0.01%
EFX F -0.01%
HWM A -0.01%
CHRD D -0.01%
DKS D -0.01%
BRO B -0.01%
IPG D -0.01%
CG B -0.01%
BXP C -0.01%
ZM C -0.01%
RVTY F -0.01%
IOT A -0.0%
ZS B -0.0%
NET B -0.0%
TOST B -0.0%
DKNG B -0.0%
BSY F -0.0%
PSTG D -0.0%
DDOG A -0.0%
SNAP D -0.0%
H B -0.0%
DT D -0.0%
WYNN C -0.0%
PODD C -0.0%
HEI A -0.0%
ROKU D -0.0%
SNOW B -0.0%
MSTR B -0.0%
ELS C -0.0%
HEI A -0.0%
TECH F -0.0%
OKTA C -0.0%
AXON A -0.0%
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