CLSE vs. SKOR ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)
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
SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

SKOR Description The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The index reflects the performance of a portfolio of US-dollar denominated bonds of companies that are considered by the index Provider to have higher credit quality, lower risk of default and the potential for higher yield, price appreciation and liquidity relative to the universe of securities comprising the Northern Trust US Investment-Grade Corporate Bond IndexSM. The fund is non-diversified

Grade (RS Rating)

Last Trade

$48.00

Average Daily Volume

46,485

Number of Holdings *

305

* may have additional holdings in another (foreign) market
Performance
Period CLSE SKOR
30 Days 4.18% -0.47%
60 Days 7.10% -1.65%
90 Days 9.38% -0.49%
12 Months 39.93% 7.15%
66 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in SKOR Overlap
AAPL C 0.83% 0.09% 0.09%
ABBV F 0.72% 0.08% 0.08%
AL B -0.18% 0.06% -0.18%
ALL A 0.45% 0.15% 0.15%
AMZN C 2.53% 0.11% 0.11%
APD A -0.15% 0.19% -0.15%
APH A 0.67% 0.11% 0.11%
ATO A -0.1% 0.17% -0.1%
AVGO D 2.28% 0.04% 0.04%
AVT C 0.66% 0.07% 0.07%
AWK C -0.26% 0.07% -0.26%
BA F -0.4% 0.06% -0.4%
BAC A 0.81% 0.0% 0.0%
BLK B 0.65% 0.08% 0.08%
BMY B 1.11% 0.1% 0.1%
C A -0.19% 0.08% -0.19%
CHTR C -0.48% 0.2% -0.48%
CMA B 0.71% 0.09% 0.09%
CSCO B -0.52% 0.04% -0.52%
CVS D 0.29% 0.16% 0.16%
DG F -0.4% 0.16% -0.4%
DLR B -0.13% 0.1% -0.13%
DLTR F -0.41% 0.05% -0.41%
EQIX A -0.14% 0.0% -0.14%
EQR C 0.35% 0.02% 0.02%
EW C -0.16% 0.08% -0.16%
FITB B 0.78% 0.09% 0.09%
FOXA A 0.14% 0.25% 0.14%
GILD C 1.07% 0.13% 0.13%
GM C 0.87% 0.2% 0.2%
GOOGL C 3.47% 0.03% 0.03%
HD B 1.13% 0.0% 0.0%
INTC C -0.93% 0.12% -0.93%
JNJ C 0.83% 0.18% 0.18%
JPM A 0.64% 0.01% 0.01%
KEY B -0.25% 0.08% -0.25%
KRG B -0.17% 0.04% -0.17%
MET A 0.52% 0.09% 0.09%
MKL A -0.14% 0.11% -0.14%
MLM C -0.13% 0.09% -0.13%
MO A 0.79% 0.1% 0.1%
MU D 2.13% 0.08% 0.08%
NDAQ A -0.3% 0.08% -0.3%
NSC B -0.1% 0.07% -0.1%
NTAP C 1.0% 0.07% 0.07%
ORCL A 1.33% 0.11% 0.11%
PG C 0.45% 0.06% 0.06%
PGR A 0.46% 0.04% 0.04%
PNC B 0.72% 0.03% 0.03%
PRU A 0.13% 0.0% 0.0%
PSA C -0.23% 0.08% -0.23%
PYPL B 1.33% 0.02% 0.02%
QCOM F 1.73% 0.08% 0.08%
RNR C -0.15% 0.04% -0.15%
ROP B -0.7% 0.08% -0.7%
SPG A 0.37% 0.22% 0.22%
SRE A -0.2% 0.07% -0.2%
STLD B -0.13% 0.04% -0.13%
SYF B 1.11% 0.08% 0.08%
T A 0.29% 0.12% 0.12%
TMUS B 0.7% 0.14% 0.14%
TXN C -0.81% 0.07% -0.81%
UNP C 0.47% 0.11% 0.11%
VLO C 0.29% 0.08% 0.08%
WFC A 0.75% 0.07% 0.07%
WMT A 1.82% 0.02% 0.02%
CLSE Overweight 271 Positions Relative to SKOR
Symbol Grade Weight
NVDA B 4.61%
META D 3.3%
APP B 2.25%
HPE B 1.92%
CVNA B 1.85%
ANET C 1.83%
IDCC B 1.51%
GDDY A 1.42%
CVLT B 1.4%
DOCU B 1.37%
ACIW B 1.3%
TSLA B 1.22%
JHG B 1.21%
NTNX B 1.16%
NTRS A 1.08%
SNEX B 1.06%
PLTR B 1.02%
LNG A 0.97%
SEIC B 0.95%
HALO F 0.9%
AMRX C 0.9%
BFH C 0.88%
COR B 0.86%
CAH B 0.86%
PPC C 0.85%
GVA A 0.84%
MLI B 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%
EME A 0.75%
CNX A 0.74%
FTI A 0.74%
UTHR C 0.73%
RF A 0.72%
STRL A 0.71%
ZION B 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%
MWA B 0.65%
CHRW B 0.61%
EXPE B 0.61%
TSN B 0.6%
FFIV B 0.6%
FTDR B 0.58%
AMG B 0.58%
LDOS C 0.55%
VST A 0.55%
RGA A 0.55%
GLW B 0.52%
SLVM B 0.5%
GOOG C 0.49%
UI B 0.49%
EXP B 0.48%
CACI D 0.48%
PNW A 0.48%
AVA A 0.47%
DUOL A 0.45%
BKNG A 0.44%
LPX B 0.43%
CTRE C 0.42%
SCCO F 0.41%
RMD C 0.4%
JXN C 0.39%
SR A 0.38%
R B 0.38%
CNA C 0.37%
CF A 0.37%
GRMN B 0.37%
OUT A 0.36%
CCL A 0.35%
CDP C 0.34%
RGLD C 0.32%
CNC D 0.31%
PTON A 0.31%
LAMR C 0.31%
J D 0.31%
MPWR F 0.3%
MDT D 0.29%
IIPR D 0.28%
APA D 0.25%
NVR D 0.24%
VRTX D 0.23%
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 B 0.2%
ABM B 0.19%
BAH F 0.18%
KR B 0.17%
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%
CINF A 0.12%
CDE C 0.11%
ILMN C 0.1%
AEIS C 0.07%
INCY C 0.07%
HQY A 0.07%
QQQ B 0.0%
LNTH D 0.0%
LRCX F 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%
MCW C -0.1%
ABG C -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%
EXR C -0.13%
AVAV C -0.13%
ALIT C -0.13%
VMC B -0.13%
BPOP C -0.14%
PYCR B -0.14%
DAY 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%
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%
SITE F -0.16%
SW A -0.17%
TEX F -0.17%
TREX C -0.17%
MDGL B -0.17%
LKQ F -0.17%
MASI B -0.17%
AJG A -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%
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%
WTM A -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%
HSY F -0.24%
DELL B -0.25%
LW C -0.25%
BILL A -0.26%
NEOG F -0.26%
AUR 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%
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%
SATS D -0.4%
RBLX C -0.41%
PINS F -0.41%
U C -0.41%
RIVN F -0.42%
TTWO A -0.43%
WBD B -0.43%
SNPS B -0.44%
ALGM D -0.45%
DV C -0.45%
CGNX D -0.45%
GE D -0.46%
CDNS B -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%
MCHP F -0.63%
DXCM C -0.63%
WDC D -0.65%
LSCC D -0.7%
FSLR F -1.26%
CLSE Underweight 239 Positions Relative to SKOR
Symbol Grade Weight
LEN D -0.32%
KMI A -0.28%
AEE A -0.25%
PEP F -0.24%
LMT D -0.23%
NXPI D -0.21%
PHM D -0.2%
VRSN C -0.19%
NI A -0.19%
MAS D -0.19%
TPR B -0.19%
PAA B -0.19%
TMO F -0.19%
NOC D -0.19%
CHD A -0.18%
ELV F -0.18%
CCI C -0.18%
TD D -0.17%
DOW F -0.17%
GPN B -0.17%
WEC A -0.17%
PM B -0.17%
LII A -0.16%
ARW D -0.15%
ADI D -0.15%
RPRX D -0.14%
XEL A -0.14%
CMCSA B -0.14%
TDY B -0.14%
CI D -0.14%
ALLY C -0.14%
OKE A -0.14%
GD D -0.14%
WU F -0.13%
BWA D -0.13%
WM B -0.13%
AMT C -0.13%
JBHT C -0.12%
BRX A -0.12%
O C -0.12%
AMCR C -0.12%
CME B -0.12%
HUM C -0.12%
AMGN F -0.11%
CM A -0.11%
SWK D -0.11%
BHP F -0.11%
ED C -0.11%
K A -0.11%
NVT B -0.11%
ATHS D -0.11%
ARCC A -0.11%
BMO A -0.11%
DFS B -0.11%
LH B -0.11%
VRSK A -0.1%
BIDU F -0.1%
WY F -0.1%
CNP A -0.1%
LNT A -0.1%
BKU A -0.1%
TRMB B -0.1%
CB C -0.1%
INTU B -0.1%
COST A -0.1%
SO C -0.1%
GS A -0.1%
LHX C -0.1%
V A -0.1%
VNT C -0.09%
IBM C -0.09%
THG A -0.09%
SBUX A -0.09%
DHR F -0.09%
CARR C -0.09%
FHN A -0.09%
DIS B -0.09%
DTE C -0.09%
BXP C -0.09%
AGR A -0.09%
CL D -0.09%
HST C -0.09%
MCK A -0.09%
ADBE C -0.09%
FLO D -0.09%
LAZ B -0.09%
BNS A -0.09%
AON A -0.09%
KMB C -0.08%
BR A -0.08%
AFG A -0.08%
ADSK A -0.08%
AWH F -0.08%
BG D -0.08%
FAF A -0.08%
LEA F -0.08%
HBAN A -0.08%
BDX F -0.08%
EBAY D -0.08%
CSL C -0.08%
CMS C -0.08%
KLAC F -0.08%
HP C -0.08%
ORI A -0.08%
H B -0.08%
UPS C -0.08%
CBOE C -0.08%
KO D -0.08%
DSS F -0.08%
AMH C -0.08%
DINO D -0.08%
KEYS A -0.08%
KDP F -0.08%
WHR B -0.08%
BRO B -0.08%
WELL A -0.08%
TT A -0.08%
SPGI C -0.08%
GIS D -0.08%
NFG A -0.08%
ORLY B -0.08%
JEF A -0.08%
MMM D -0.08%
DUK C -0.08%
GLPI C -0.08%
D C -0.08%
ADP A -0.07%
EMR B -0.07%
KMPR A -0.07%
PLD F -0.07%
DHI F -0.07%
PCG A -0.07%
PPG F -0.07%
DGX A -0.07%
CPT B -0.07%
SBRA C -0.07%
WB D -0.07%
ALLE C -0.07%
BAX F -0.07%
CE F -0.07%
ITW B -0.07%
DOV A -0.07%
A D -0.07%
BKH A -0.07%
ESS B -0.07%
GSBD F -0.07%
PKG A -0.07%
FMC D -0.07%
TEL B -0.07%
MKC C -0.07%
USB A -0.07%
AMP A -0.07%
CUBE C -0.07%
HUBB B -0.07%
OTIS C -0.07%
CFG B -0.07%
MCO B -0.07%
STT B -0.07%
MDLZ F -0.07%
PEG A -0.07%
HPQ B -0.07%
AXP A -0.07%
EPD A -0.07%
BABA D -0.07%
HSBC A -0.07%
ROK C -0.06%
SKT A -0.06%
REG A -0.06%
CPB D -0.06%
WAB B -0.06%
SCS C -0.06%
GL C -0.06%
ECL D -0.06%
WPC C -0.06%
WTW B -0.06%
TFC A -0.06%
NNN C -0.06%
SITC D -0.05%
DT D -0.05%
EFX F -0.05%
RY A -0.05%
BK A -0.05%
AER A -0.05%
AZO C -0.05%
ZTS D -0.05%
PDM D -0.04%
KIM A -0.04%
HPP F -0.04%
VOYA B -0.04%
FTV C -0.04%
AIZ A -0.04%
SJM D -0.04%
RPM A -0.04%
EA A -0.04%
ARE F -0.04%
CMI A -0.04%
HII F -0.04%
AXS A -0.04%
HIW C -0.04%
AIG B -0.04%
CSX C -0.04%
AFL B -0.04%
HON C -0.04%
ES C -0.04%
MCD D -0.04%
MSI B -0.04%
MAR A -0.04%
KRC B -0.04%
SCHW B -0.04%
SHW B -0.04%
RSG A -0.04%
LOW C -0.04%
MSFT D -0.04%
DB D -0.04%
EIX B -0.04%
MA B -0.04%
NEE C -0.04%
MS A -0.04%
FLS B -0.03%
SYK B -0.03%
FNF B -0.03%
HCA F -0.03%
VZ C -0.03%
PH A -0.02%
CTAS B -0.02%
AAP D -0.02%
BDN C -0.02%
MAA B -0.02%
AVB B -0.02%
CLX A -0.02%
AVY F -0.02%
VTR B -0.02%
COF C -0.02%
AEP C -0.02%
MUFG B -0.02%
UNH B -0.02%
MMC B -0.01%
CP F -0.01%
OHI C -0.0%
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