CLSE vs. ROUS ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Lattice U.S. Equity Strategy ETF (ROUS)

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

$23.59

Average Daily Volume

65,624

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$53.74

Average Daily Volume

59,027

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	ROUS
30 Days	4.18%	3.07%
60 Days	7.10%	4.41%
90 Days	9.38%	5.48%
12 Months	39.93%	29.12%

94 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in ROUS	Overlap
AAPL	C	0.83%	1.22%	0.83%
ABBV	F	0.72%	0.85%	0.72%
ACIW	B	1.3%	0.08%	0.08%
ALL	A	0.45%	0.14%	0.14%
ALSN	B	0.66%	0.49%	0.49%
AMZN	C	2.53%	0.52%	0.52%
ANET	C	1.83%	0.31%	0.31%
APH	A	0.67%	0.58%	0.58%
AVGO	D	2.28%	0.63%	0.63%
AVT	C	0.66%	0.69%	0.66%
BAC	A	0.81%	0.11%	0.11%
BAH	F	0.18%	0.17%	0.17%
BKNG	A	0.44%	0.23%	0.23%
BMY	B	1.11%	0.32%	0.32%
BPOP	C	-0.14%	0.14%	-0.14%
C	A	-0.19%	0.34%	-0.19%
CACI	D	0.48%	0.24%	0.24%
CAH	B	0.86%	0.17%	0.17%
CDNS	B	-0.46%	0.29%	-0.46%
CF	A	0.37%	0.03%	0.03%
CHRW	B	0.61%	0.38%	0.38%
CHTR	C	-0.48%	0.02%	-0.48%
CINF	A	0.12%	0.5%	0.12%
CNC	D	0.31%	0.1%	0.1%
COR	B	0.86%	0.27%	0.27%
CSCO	B	-0.52%	0.83%	-0.52%
CVLT	B	1.4%	0.78%	0.78%
CVS	D	0.29%	0.44%	0.29%
DELL	B	-0.25%	0.88%	-0.25%
EME	A	0.75%	0.39%	0.39%
EQR	C	0.35%	0.12%	0.12%
FFIV	B	0.6%	0.42%	0.42%
FITB	B	0.78%	0.17%	0.17%
FOXA	A	0.14%	0.58%	0.14%
GDDY	A	1.42%	0.52%	0.52%
GEN	B	0.68%	0.21%	0.21%
GILD	C	1.07%	0.7%	0.7%
GLW	B	0.52%	0.54%	0.52%
GOOGL	C	3.47%	1.26%	1.26%
GRMN	B	0.37%	0.3%	0.3%
HD	B	1.13%	0.81%	0.81%
HPE	B	1.92%	0.86%	0.86%
HSY	F	-0.24%	0.27%	-0.24%
INCY	C	0.07%	0.44%	0.07%
JHG	B	1.21%	0.08%	0.08%
JNJ	C	0.83%	1.08%	0.83%
JPM	A	0.64%	0.81%	0.64%
KR	B	0.17%	0.84%	0.17%
LAMR	C	0.31%	0.13%	0.13%
LDOS	C	0.55%	0.11%	0.11%
LNG	A	0.97%	0.33%	0.33%
LRCX	F	0.0%	0.17%	0.0%
MCHP	F	-0.63%	0.21%	-0.63%
MDT	D	0.29%	0.17%	0.17%
META	D	3.3%	0.78%	0.78%
MKL	A	-0.14%	0.33%	-0.14%
MLI	B	0.84%	0.4%	0.4%
MO	A	0.79%	0.6%	0.6%
MPWR	F	0.3%	0.01%	0.01%
MUSA	B	0.2%	0.64%	0.2%
NRG	B	0.71%	0.51%	0.51%
NTAP	C	1.0%	1.0%	1.0%
NVDA	B	4.61%	0.99%	0.99%
NVR	D	0.24%	0.24%	0.24%
ORCL	A	1.33%	0.64%	0.64%
PG	C	0.45%	0.64%	0.45%
PGR	A	0.46%	0.23%	0.23%
PNC	B	0.72%	0.21%	0.21%
PRU	A	0.13%	0.25%	0.13%
PSA	C	-0.23%	0.07%	-0.23%
QCOM	F	1.73%	0.52%	0.52%
R	B	0.38%	0.23%	0.23%
RF	A	0.72%	0.27%	0.27%
RGA	A	0.55%	0.14%	0.14%
RMD	C	0.4%	0.3%	0.3%
RNR	C	-0.15%	0.16%	-0.15%
ROP	B	-0.7%	0.2%	-0.7%
SNPS	B	-0.44%	0.19%	-0.44%
SPG	A	0.37%	0.07%	0.07%
SRE	A	-0.2%	0.07%	-0.2%
STLD	B	-0.13%	0.3%	-0.13%
SW	A	-0.17%	0.38%	-0.17%
SYF	B	1.11%	0.31%	0.31%
T	A	0.29%	0.89%	0.29%
TMUS	B	0.7%	0.76%	0.7%
TXN	C	-0.81%	0.65%	-0.81%
UMBF	B	0.66%	0.1%	0.1%
UTHR	C	0.73%	0.42%	0.42%
VLO	C	0.29%	0.47%	0.29%
VRTX	D	0.23%	0.36%	0.23%
VST	A	0.55%	0.16%	0.16%
WFC	A	0.75%	0.22%	0.22%
WMT	A	1.82%	1.09%	1.09%
WTM	A	-0.21%	0.29%	-0.21%

CLSE Overweight 243 Positions Relative to ROUS

Symbol	Grade	Weight
APP	B	2.25%
MU	D	2.13%
CVNA	B	1.85%
IDCC	B	1.51%
DOCU	B	1.37%
PYPL	B	1.33%
TSLA	B	1.22%
NTNX	B	1.16%
NTRS	A	1.08%
SNEX	B	1.06%
PLTR	B	1.02%
SEIC	B	0.95%
HALO	F	0.9%
AMRX	C	0.9%
BFH	C	0.88%
GM	C	0.87%
PPC	C	0.85%
GVA	A	0.84%
CARG	B	0.83%
PRIM	A	0.8%
NFLX	A	0.79%
THC	D	0.78%
DVA	C	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%
UHS	D	0.7%
CEIX	A	0.7%
VRT	B	0.68%
MTZ	B	0.66%
MWA	B	0.65%
BLK	B	0.65%
EXPE	B	0.61%
TSN	B	0.6%
FTDR	B	0.58%
AMG	B	0.58%
MET	A	0.52%
SLVM	B	0.5%
GOOG	C	0.49%
UI	B	0.49%
EXP	B	0.48%
PNW	A	0.48%
AVA	A	0.47%
UNP	C	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%
CNA	C	0.37%
OUT	A	0.36%
CCL	A	0.35%
CDP	C	0.34%
RGLD	C	0.32%
PTON	A	0.31%
J	D	0.31%
IIPR	D	0.28%
APA	D	0.25%
MATX	C	0.22%
NEM	D	0.22%
TOL	B	0.22%
EEFT	B	0.22%
FLR	B	0.21%
JLL	D	0.2%
ABM	B	0.19%
NTRA	A	0.17%
BOX	B	0.17%
JAZZ	B	0.16%
EXPD	C	0.14%
FN	C	0.13%
VCTR	B	0.12%
VCYT	B	0.12%
CDE	C	0.11%
ILMN	C	0.1%
AEIS	C	0.07%
HQY	A	0.07%
QQQ	B	0.0%
LNTH	D	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%
BC	C	-0.08%
JOE	F	-0.08%
AES	F	-0.08%
FLYW	B	-0.08%
GNTX	C	-0.09%
JBLU	F	-0.09%
NSC	B	-0.1%
MCW	C	-0.1%
ABG	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%
AVAV	C	-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%
AA	A	-0.14%
EQIX	A	-0.14%
CZR	F	-0.15%
COLD	D	-0.15%
APD	A	-0.15%
GTLS	A	-0.15%
CRL	D	-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%
ALB	B	-0.16%
UHAL	D	-0.16%
AGO	B	-0.16%
EW	C	-0.16%
SITE	F	-0.16%
TEX	F	-0.17%
TREX	C	-0.17%
MDGL	B	-0.17%
LKQ	F	-0.17%
MASI	B	-0.17%
AJG	A	-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%
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%
PRCT	B	-0.22%
BANC	B	-0.22%
MTN	C	-0.22%
SAIA	B	-0.22%
SUM	B	-0.22%
EQT	B	-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%
LW	C	-0.25%
KEY	B	-0.25%
BILL	A	-0.26%
NEOG	F	-0.26%
AUR	C	-0.26%
AWK	C	-0.26%
VAL	F	-0.27%
FOUR	A	-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%
CYTK	F	-0.3%
LYV	A	-0.3%
NDAQ	A	-0.3%
APLS	F	-0.3%
APTV	F	-0.32%
GTLB	B	-0.32%
VVV	D	-0.33%
CCOI	B	-0.33%
LPLA	A	-0.34%
ZBRA	B	-0.34%
ABNB	C	-0.34%
INSP	D	-0.34%
FCNCA	A	-0.35%
APO	B	-0.35%
AFRM	A	-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	F	-0.41%
U	C	-0.41%
RIVN	F	-0.42%
TTWO	A	-0.43%
WBD	B	-0.43%
ALGM	D	-0.45%
DV	C	-0.45%
CGNX	D	-0.45%
GE	D	-0.46%
MRNA	F	-0.47%
SMCI	F	-0.47%
RH	C	-0.47%
CFLT	B	-0.47%
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%
DXCM	C	-0.63%
WDC	D	-0.65%
LSCC	D	-0.7%
INTC	C	-0.93%
FSLR	F	-1.26%

CLSE Underweight 251 Positions Relative to ROUS

Symbol	Grade	Weight
MSFT	D	-1.14%
HPQ	B	-1.07%
UNH	B	-1.02%
VZ	C	-0.84%
MRK	D	-0.84%
IBM	C	-0.83%
XOM	B	-0.82%
MSI	B	-0.82%
EA	A	-0.77%
CTSH	B	-0.75%
LLY	F	-0.75%
BRK.A	B	-0.72%
FICO	B	-0.67%
EOG	A	-0.63%
MTB	A	-0.62%
GWW	B	-0.58%
IT	C	-0.56%
COST	A	-0.56%
MCK	A	-0.54%
HUM	C	-0.53%
SHW	B	-0.51%
HRB	D	-0.49%
FAST	B	-0.49%
BK	A	-0.48%
CMI	A	-0.48%
RPM	A	-0.44%
ACN	B	-0.44%
CL	D	-0.43%
DBX	B	-0.43%
CTAS	B	-0.43%
ELV	F	-0.42%
UNM	A	-0.41%
ACI	C	-0.41%
JNPR	D	-0.4%
V	A	-0.4%
TRV	B	-0.39%
MA	B	-0.39%
RS	B	-0.39%
NXPI	D	-0.38%
LMT	D	-0.38%
KMB	C	-0.38%
ETR	B	-0.37%
CMCSA	B	-0.37%
SANM	B	-0.37%
AXS	A	-0.37%
ORLY	B	-0.37%
FDX	B	-0.36%
AMGN	F	-0.36%
VNT	C	-0.36%
VRSN	C	-0.36%
NYT	D	-0.35%
BBY	D	-0.35%
PM	B	-0.34%
EBAY	D	-0.33%
CB	C	-0.33%
GPC	D	-0.33%
CDW	F	-0.33%
TER	F	-0.33%
NSIT	F	-0.32%
AZO	C	-0.32%
BMI	B	-0.32%
AFL	B	-0.32%
CRUS	D	-0.32%
TSCO	D	-0.32%
ORI	A	-0.31%
PCAR	B	-0.31%
WM	B	-0.31%
VICI	C	-0.31%
LOW	C	-0.31%
YUM	D	-0.3%
RHI	C	-0.29%
AMAT	F	-0.29%
PHM	D	-0.29%
GPI	B	-0.29%
DUK	C	-0.29%
EXEL	B	-0.29%
PEP	F	-0.28%
KLAC	F	-0.28%
TJX	A	-0.28%
OTIS	C	-0.28%
ALKS	C	-0.27%
XEL	A	-0.27%
DGX	A	-0.27%
EG	C	-0.26%
SYY	D	-0.26%
SO	C	-0.26%
MPC	D	-0.26%
CASY	A	-0.26%
MAS	D	-0.26%
ITW	B	-0.26%
STT	B	-0.25%
DLB	B	-0.25%
KEYS	A	-0.25%
SNX	D	-0.25%
LOPE	C	-0.25%
SNA	A	-0.25%
CI	D	-0.24%
DCI	B	-0.24%
PEG	A	-0.24%
MANH	D	-0.24%
ACGL	C	-0.24%
NFG	A	-0.24%
PKG	A	-0.23%
AIT	B	-0.23%
CRBG	B	-0.23%
DTE	C	-0.23%
TT	A	-0.23%
LSTR	D	-0.23%
GPK	C	-0.23%
ED	C	-0.23%
HBAN	A	-0.23%
KD	B	-0.22%
WSM	C	-0.22%
AN	C	-0.22%
AEP	C	-0.22%
AYI	B	-0.22%
DKS	D	-0.21%
CVX	A	-0.21%
OC	A	-0.2%
HCA	F	-0.2%
RSG	A	-0.2%
SON	F	-0.2%
OGN	F	-0.2%
PPL	A	-0.19%
ARW	D	-0.19%
FLO	D	-0.19%
RDN	D	-0.19%
DHI	F	-0.19%
VRSK	A	-0.19%
WSO	A	-0.19%
CAT	B	-0.19%
DY	D	-0.18%
IRM	C	-0.18%
ECL	D	-0.18%
ADC	A	-0.17%
REGN	F	-0.17%
ASGN	F	-0.17%
FE	C	-0.17%
UFPI	C	-0.17%
LYB	F	-0.17%
STX	C	-0.16%
JBL	C	-0.16%
ADBE	C	-0.16%
CBT	D	-0.16%
SKX	D	-0.16%
PPG	F	-0.16%
OMC	C	-0.15%
SWKS	F	-0.15%
MMM	D	-0.15%
MTG	C	-0.14%
ABT	B	-0.14%
O	C	-0.14%
SFM	A	-0.14%
RL	C	-0.14%
FLEX	B	-0.14%
FCN	F	-0.14%
BSX	A	-0.14%
ROL	B	-0.14%
MCD	D	-0.14%
CMC	B	-0.14%
GIS	D	-0.14%
COKE	C	-0.13%
CHE	D	-0.13%
USB	A	-0.13%
PANW	B	-0.13%
DOV	A	-0.13%
WEC	A	-0.13%
AEE	A	-0.13%
EIX	B	-0.12%
BLDR	D	-0.12%
POR	C	-0.12%
LII	A	-0.12%
PSTG	D	-0.12%
AVB	B	-0.12%
FANG	C	-0.12%
MTD	F	-0.11%
INTU	B	-0.11%
TGT	F	-0.11%
VMI	B	-0.1%
AMCR	C	-0.1%
L	A	-0.1%
FSS	B	-0.1%
DVN	F	-0.1%
NEE	C	-0.09%
HUBB	B	-0.09%
AIZ	A	-0.09%
KO	D	-0.09%
WELL	A	-0.09%
ADI	D	-0.09%
CHRD	D	-0.09%
CBOE	C	-0.09%
BJ	A	-0.09%
ATR	B	-0.08%
OGE	A	-0.08%
GLPI	C	-0.08%
EXC	C	-0.08%
NOC	D	-0.08%
INGR	C	-0.08%
MMS	F	-0.08%
COP	C	-0.08%
GWRE	A	-0.07%
APPF	B	-0.07%
GD	D	-0.07%
NNN	C	-0.07%
FTNT	C	-0.07%
KNF	B	-0.07%
PTC	B	-0.06%
LNC	C	-0.06%
CSWI	B	-0.06%
SPSC	D	-0.06%
AWI	A	-0.05%
ANF	F	-0.05%
MOG.A	B	-0.05%
NOW	A	-0.05%
ADSK	A	-0.05%
BR	A	-0.05%
HON	C	-0.05%
FELE	B	-0.04%
LFUS	D	-0.04%
CCI	C	-0.04%
EPRT	B	-0.04%
COF	C	-0.04%
BCO	F	-0.04%
IP	A	-0.04%
D	C	-0.04%
AKAM	D	-0.04%
ITCI	C	-0.04%
NXST	C	-0.04%
ADM	D	-0.03%
NWSA	A	-0.03%
JCI	B	-0.03%
CIEN	C	-0.02%
SYK	B	-0.02%
PAYX	B	-0.02%
SEE	C	-0.02%
MSA	F	-0.02%
VTR	B	-0.02%
EHC	B	-0.02%
ITRI	C	-0.02%
OHI	C	-0.02%
LIN	C	-0.02%
PSX	C	-0.02%
FHN	A	-0.02%
AAON	B	-0.02%
SLGN	A	-0.02%
AIG	B	-0.02%
AVY	F	-0.01%
MTH	D	-0.01%
ONB	C	-0.01%
AOS	F	-0.01%
WPC	C	-0.01%