CLSE vs. SMLE ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Xtrackers S&P SmallCap 600 ESG ETF (SMLE)

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

$20.78

Average Daily Volume

44,449

Number of Holdings ^*

348

* may have additional holdings in another (foreign) market

SMLE

Xtrackers S&P SmallCap 600 ESG ETF

SMLE Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P SmallCap 600 ESG Index. The index seeks to target 75% of the float market capitalization (i.e., the amount of stock which is available for trading by the general public) of each Global Industry Classification Standard Industry Group (?GICS Industry Group?) within the S&P SmallCap 600 Index, using an ESG score as the defining characteristic. The fund will invest at least 80% of its total assets (but typically far more) in component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.32

Average Daily Volume

7,625

Number of Holdings ^*

383

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	SMLE
30 Days	3.08%	8.18%
60 Days	4.58%	4.82%
90 Days	9.48%	3.18%
12 Months	39.21%	20.64%

30 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in SMLE	Overlap
AAP	D	-0.29%	0.51%	-0.29%
AEO	D	0.17%	0.51%	0.17%
AGO	D	0.58%	0.48%	0.48%
ANF	A	0.23%	0.75%	0.23%
ATI	C	-0.09%	0.87%	-0.09%
AWR	C	-0.06%	0.32%	-0.06%
BANC	C	-0.2%	0.21%	-0.2%
BCC	D	0.54%	0.6%	0.54%
DV	F	-0.36%	0.3%	-0.36%
FL	F	-0.17%	0.21%	-0.17%
FTDR	C	0.6%	0.33%	0.33%
GFF	D	0.68%	0.3%	0.3%
GPI	B	-0.18%	0.48%	-0.18%
HASI	B	-0.2%	0.4%	-0.2%
HAYW	C	-0.17%	0.21%	-0.17%
IBP	D	0.33%	0.6%	0.33%
ITRI	B	0.62%	0.54%	0.54%
KLIC	D	-0.59%	0.3%	-0.59%
LNC	C	-0.21%	0.57%	-0.21%
MLI	C	0.64%	0.75%	0.64%
OGN	B	0.86%	0.6%	0.6%
OMI	F	0.29%	0.16%	0.16%
PPBI	C	-0.2%	0.25%	-0.2%
REZI	C	0.48%	0.36%	0.36%
ROG	D	-0.22%	0.23%	-0.22%
SBCF	C	-0.2%	0.23%	-0.2%
SITM	C	-0.71%	0.24%	-0.71%
SKT	D	0.14%	0.34%	0.14%
SLVM	B	0.41%	0.27%	0.27%
UCBI	C	-0.17%	0.36%	-0.17%

CLSE Overweight 318 Positions Relative to SMLE

Symbol	Grade	Weight
NVDA	C	3.67%
MSFT	B	3.35%
AMZN	C	3.29%
GOOGL	A	2.6%
QCOM	B	2.44%
GOOG	A	2.4%
META	D	2.21%
AMAT	B	2.16%
MU	B	2.13%
APP	C	2.1%
NTAP	B	1.8%
ANET	B	1.72%
SNX	A	1.71%
NTNX	B	1.67%
CRWD	C	1.36%
WMT	A	1.35%
IBM	D	1.29%
PYPL	D	1.23%
DOCU	C	1.1%
HD	D	1.08%
NFLX	B	1.07%
APPF	C	1.04%
MUSA	B	0.96%
AAPL	C	0.95%
STNE	F	0.95%
PAGS	D	0.95%
SPOT	C	0.95%
AMG	D	0.91%
T	B	0.91%
SYF	C	0.91%
COIN	D	0.89%
PFE	D	0.89%
JPM	A	0.88%
SEIC	D	0.88%
AMGN	B	0.87%
VTRS	D	0.86%
TW	B	0.86%
MTG	C	0.86%
ABBV	D	0.85%
JNJ	D	0.85%
LLY	B	0.84%
HALO	B	0.83%
MPC	D	0.83%
UBER	D	0.82%
MRK	B	0.81%
PBF	D	0.8%
IIPR	B	0.78%
BRBR	D	0.78%
IESC	C	0.77%
BAC	B	0.76%
PSX	D	0.74%
XOM	B	0.74%
PPC	C	0.74%
MO	A	0.74%
FITB	B	0.73%
EME	B	0.73%
PG	A	0.73%
VLO	D	0.73%
SMCI	D	0.72%
WFC	C	0.71%
TSN	B	0.71%
BG	C	0.71%
VRT	C	0.7%
MCK	A	0.69%
EBAY	C	0.68%
F	D	0.67%
STRL	C	0.63%
GDDY	B	0.62%
CNC	B	0.62%
UMBF	B	0.62%
PEGA	C	0.62%
THC	B	0.61%
KNF	D	0.61%
VST	B	0.6%
CI	D	0.6%
OC	C	0.59%
GM	B	0.59%
LOPE	C	0.58%
SKYW	C	0.58%
NU	C	0.56%
DVA	B	0.56%
BLDR	D	0.55%
PGR	C	0.54%
GMS	D	0.54%
AYI	C	0.54%
HQY	D	0.52%
CAT	C	0.52%
PLTR	D	0.51%
NEE	B	0.51%
AMR	F	0.51%
DPZ	C	0.5%
CNM	B	0.5%
CAH	F	0.49%
HIG	A	0.47%
CNA	B	0.47%
UHS	B	0.47%
EVRG	C	0.46%
EXP	D	0.46%
EXC	C	0.45%
LDOS	A	0.44%
HRB	B	0.44%
RGA	A	0.43%
SAIC	C	0.41%
BKNG	C	0.41%
APA	F	0.39%
NSA	C	0.38%
SPG	C	0.38%
STLD	D	0.38%
BCO	B	0.38%
GLPI	C	0.37%
J	F	0.36%
GRMN	A	0.36%
STAG	C	0.34%
PEG	B	0.33%
SR	C	0.33%
CVI	F	0.33%
KR	D	0.32%
RS	D	0.32%
BLD	D	0.32%
FIX	C	0.32%
PSTG	B	0.31%
BAH	B	0.31%
CVNA	C	0.31%
WDC	C	0.31%
FDX	D	0.3%
RPRX	F	0.29%
AMRX	B	0.28%
SPGI	B	0.28%
AMP	B	0.26%
UNP	C	0.24%
NEU	D	0.24%
MGM	F	0.21%
NTRA	B	0.2%
DECK	C	0.18%
LNTH	C	0.18%
FG	C	0.14%
FCX	A	0.14%
MOD	C	0.13%
PHM	B	0.11%
DOCS	D	0.11%
VCTR	B	0.09%
SUM	D	0.0%
DNUT	F	-0.05%
TROX	B	-0.07%
DRVN	F	-0.07%
HTZ	F	-0.07%
MODG	D	-0.08%
PYCR	F	-0.08%
IAS	D	-0.08%
PTCT	C	-0.08%
JOBY	F	-0.08%
JBHT	F	-0.08%
PNM	D	-0.08%
FCNCA	B	-0.08%
ENPH	D	-0.08%
HAS	C	-0.09%
PLNT	C	-0.09%
SUI	F	-0.09%
CWST	B	-0.09%
DOC	B	-0.09%
MCW	D	-0.09%
RYAN	B	-0.09%
LGIH	D	-0.09%
ACVA	C	-0.1%
VTR	B	-0.1%
CROX	C	-0.1%
COLD	D	-0.1%
PCH	F	-0.1%
AEE	C	-0.11%
EXR	C	-0.11%
CHK	B	-0.11%
AES	B	-0.11%
CHDN	C	-0.11%
RRC	B	-0.11%
DAY	D	-0.11%
WTW	D	-0.11%
VAC	D	-0.11%
TXG	F	-0.12%
KNX	F	-0.12%
LPX	B	-0.12%
MDU	B	-0.12%
ADC	C	-0.12%
BOOT	B	-0.12%
GOGL	A	-0.12%
TFC	B	-0.13%
AJG	A	-0.14%
VFC	F	-0.14%
IPAR	F	-0.14%
AXON	D	-0.15%
ZWS	C	-0.15%
KMPR	C	-0.15%
CRS	B	-0.15%
AVAV	B	-0.15%
LFST	C	-0.15%
O	C	-0.15%
SPR	D	-0.15%
CZR	F	-0.15%
RBA	C	-0.15%
CNXC	D	-0.16%
WTM	D	-0.16%
AXSM	C	-0.16%
CHH	F	-0.16%
KVUE	C	-0.16%
SJM	F	-0.16%
XYL	A	-0.16%
MTN	F	-0.17%
WAFD	C	-0.17%
FOXF	D	-0.17%
COF	C	-0.17%
FLNC	D	-0.17%
ARWR	F	-0.17%
GPOR	C	-0.17%
FOUR	D	-0.18%
RUN	D	-0.18%
UHAL	C	-0.18%
GME	D	-0.18%
IOVA	F	-0.18%
ALLY	B	-0.18%
NARI	D	-0.18%
PR	D	-0.19%
GATX	A	-0.19%
SRE	A	-0.19%
DG	D	-0.19%
IRT	C	-0.19%
BE	C	-0.19%
WAL	C	-0.19%
APD	C	-0.2%
FMC	C	-0.2%
MP	C	-0.21%
SHC	F	-0.22%
TSLA	D	-0.22%
EQT	C	-0.22%
PRCT	C	-0.22%
NTLA	D	-0.22%
UEC	C	-0.23%
ATO	B	-0.23%
RIVN	D	-0.23%
NDAQ	B	-0.23%
IRTC	F	-0.23%
ASB	C	-0.24%
EL	F	-0.24%
SPT	F	-0.24%
FSLR	C	-0.24%
DLTR	F	-0.25%
CG	D	-0.25%
GO	F	-0.25%
EVH	F	-0.25%
ORCL	C	-0.26%
RNR	C	-0.26%
FNB	B	-0.26%
MASI	D	-0.26%
NOG	D	-0.26%
LW	F	-0.26%
KDP	C	-0.26%
CNX	B	-0.27%
TMDX	B	-0.27%
BIO	F	-0.27%
NNI	A	-0.27%
CABO	F	-0.27%
FIS	A	-0.27%
AGNC	A	-0.28%
GTLS	C	-0.28%
NOVT	D	-0.28%
UI	C	-0.29%
GS	A	-0.29%
NEOG	F	-0.29%
TOST	B	-0.29%
AR	A	-0.3%
PFSI	B	-0.3%
CAR	D	-0.3%
TTWO	D	-0.3%
MS	B	-0.31%
FIVE	F	-0.32%
ALB	D	-0.32%
LAD	F	-0.33%
NXST	C	-0.34%
RVMD	B	-0.35%
BX	C	-0.35%
IBKR	A	-0.35%
FYBR	B	-0.36%
CARR	B	-0.36%
GE	C	-0.37%
KMX	F	-0.37%
CFLT	C	-0.37%
D	A	-0.37%
TGNA	C	-0.38%
IAC	C	-0.39%
ZI	F	-0.4%
CRL	D	-0.41%
FIVN	F	-0.41%
MSGS	C	-0.41%
RIOT	F	-0.42%
UTHR	A	-0.42%
LBRDK	D	-0.42%
SATS	C	-0.42%
CGNX	C	-0.43%
DAR	D	-0.43%
VSAT	D	-0.43%
BILL	F	-0.44%
INSP	F	-0.44%
WBD	F	-0.45%
ASAN	D	-0.45%
MSTR	D	-0.45%
RH	D	-0.46%
BA	D	-0.47%
TXN	B	-0.47%
FND	C	-0.47%
GFS	D	-0.48%
U	F	-0.5%
TECH	C	-0.5%
MARA	C	-0.51%
LITE	D	-0.54%
ALGM	D	-0.54%
COHR	D	-0.55%
WOLF	F	-0.58%
ZBRA	C	-0.58%
QQQ	B	-0.61%
INTC	F	-0.73%

CLSE Underweight 353 Positions Relative to SMLE

Symbol	Grade	Weight
FN	B	-0.9%
SPSC	C	-0.8%
ENSG	D	-0.75%
MTH	B	-0.74%
BMI	B	-0.64%
NSIT	B	-0.64%
SM	D	-0.64%
SEE	C	-0.62%
ALK	C	-0.62%
GKOS	B	-0.6%
JXN	B	-0.6%
COOP	B	-0.59%
FSS	B	-0.59%
AWI	D	-0.58%
AL	C	-0.57%
BCPC	B	-0.56%
MGY	C	-0.54%
RDN	C	-0.54%
MMSI	B	-0.52%
VRRM	B	-0.51%
SIG	C	-0.5%
FORM	B	-0.49%
ACA	C	-0.49%
FUL	B	-0.49%
WIRE	C	-0.49%
DY	C	-0.49%
ALKS	F	-0.47%
ASO	F	-0.47%
MATX	C	-0.46%
ACIW	A	-0.45%
PECO	F	-0.45%
FELE	D	-0.45%
ITGR	C	-0.43%
BOX	D	-0.43%
AEIS	C	-0.43%
SHAK	D	-0.43%
HP	F	-0.43%
TPH	B	-0.43%
ACLS	D	-0.42%
PBH	D	-0.4%
PTEN	F	-0.4%
SEM	B	-0.4%
DXC	F	-0.4%
MHO	C	-0.39%
SLG	C	-0.39%
SMPL	C	-0.39%
MAC	D	-0.38%
KFY	B	-0.38%
CTRE	C	-0.37%
IOSP	B	-0.37%
DIOD	C	-0.37%
PIPR	A	-0.37%
WD	C	-0.37%
WDFC	D	-0.36%
SXT	B	-0.36%
APLE	F	-0.36%
ABCB	C	-0.36%
NPO	D	-0.35%
APAM	B	-0.35%
HI	D	-0.35%
CRC	F	-0.35%
NWL	D	-0.35%
BXMT	F	-0.35%
SEDG	F	-0.34%
AUB	C	-0.34%
PLXS	B	-0.34%
CWT	C	-0.34%
FBP	C	-0.34%
KSS	D	-0.33%
CVCO	D	-0.33%
LCII	D	-0.33%
JBT	F	-0.33%
SHOO	C	-0.33%
BL	D	-0.33%
GNW	B	-0.33%
AVA	C	-0.33%
ARCB	F	-0.32%
RUSHA	D	-0.32%
FHB	B	-0.32%
LRN	C	-0.32%
FULT	B	-0.32%
TNDM	B	-0.32%
HIW	C	-0.32%
ABM	C	-0.32%
EAT	B	-0.31%
CATY	C	-0.31%
NMIH	A	-0.31%
AROC	B	-0.31%
HUBG	C	-0.31%
IDCC	C	-0.31%
GVA	B	-0.31%
STRA	C	-0.3%
DORM	D	-0.3%
BRC	C	-0.3%
CBU	C	-0.29%
TRN	B	-0.29%
PRFT	C	-0.29%
ATGE	B	-0.29%
LXP	D	-0.29%
MTX	B	-0.29%
MYRG	D	-0.29%
YELP	F	-0.29%
KWR	D	-0.28%
SMTC	B	-0.28%
SITC	B	-0.28%
PINC	F	-0.27%
BOH	D	-0.27%
CCS	D	-0.27%
EVTC	F	-0.27%
DEI	C	-0.27%
AZZ	C	-0.27%
PJT	C	-0.26%
VCEL	C	-0.26%
CALM	D	-0.26%
ICUI	D	-0.25%
CENTA	B	-0.25%
MYGN	B	-0.25%
INDB	D	-0.25%
CWEN	C	-0.25%
PRGS	F	-0.25%
FFBC	B	-0.25%
SFNC	D	-0.25%
AMN	F	-0.25%
ROCK	D	-0.25%
CNMD	F	-0.25%
SHO	D	-0.24%
OI	F	-0.24%
PDCO	F	-0.24%
VECO	B	-0.24%
HNI	B	-0.24%
SONO	D	-0.24%
BKU	C	-0.24%
PSMT	B	-0.24%
STAA	D	-0.24%
RAMP	F	-0.24%
B	C	-0.23%
ENR	D	-0.23%
JBLU	D	-0.23%
MLKN	C	-0.23%
EPC	C	-0.23%
TRIP	F	-0.23%
ALG	D	-0.23%
UE	C	-0.23%
EPAC	C	-0.23%
PLMR	B	-0.23%
SNEX	C	-0.23%
KMT	C	-0.23%
CARG	C	-0.23%
TDS	B	-0.23%
SIX	C	-0.22%
TNC	D	-0.22%
TBBK	D	-0.21%
CAKE	C	-0.21%
NGVT	C	-0.21%
UFPT	B	-0.21%
SCL	C	-0.21%
WGO	F	-0.21%
HBI	D	-0.2%
DAN	C	-0.2%
AKR	B	-0.2%
THS	F	-0.2%
OFG	C	-0.2%
DRH	F	-0.2%
CWK	B	-0.2%
CERT	F	-0.2%
ADUS	B	-0.2%
PEB	C	-0.2%
WOR	D	-0.2%
CPRX	C	-0.2%
ANDE	F	-0.19%
GBX	C	-0.19%
THRM	F	-0.19%
TALO	F	-0.19%
SJW	D	-0.19%
STC	B	-0.19%
PZZA	F	-0.19%
RNST	C	-0.19%
CHCO	C	-0.18%
LKFN	C	-0.18%
USPH	C	-0.18%
KN	C	-0.18%
XHR	D	-0.18%
ROIC	D	-0.18%
PRG	C	-0.18%
AMPH	D	-0.18%
PARR	F	-0.18%
GEO	D	-0.18%
BANR	C	-0.18%
AGYS	A	-0.18%
HLX	B	-0.18%
KALU	B	-0.18%
OXM	D	-0.18%
VIAV	F	-0.18%
DNOW	D	-0.17%
LPG	C	-0.17%
VRTS	D	-0.17%
IBTX	C	-0.17%
DFIN	B	-0.17%
LZB	C	-0.17%
AMWD	C	-0.17%
XRX	F	-0.17%
EXTR	D	-0.16%
CUBI	D	-0.16%
OMCL	D	-0.16%
ODP	F	-0.16%
COHU	F	-0.16%
FCF	C	-0.16%
PCRX	C	-0.16%
LTC	B	-0.16%
NWN	C	-0.16%
BHE	B	-0.16%
DVAX	F	-0.16%
HMN	D	-0.16%
NTCT	D	-0.16%
NX	D	-0.16%
APOG	B	-0.16%
HTH	C	-0.16%
BANF	C	-0.15%
XNCR	C	-0.15%
HOPE	C	-0.15%
LNN	D	-0.15%
FBK	B	-0.15%
NBHC	B	-0.15%
LGND	C	-0.15%
CASH	C	-0.15%
PFS	C	-0.14%
SLCA	C	-0.14%
STBA	C	-0.14%
SAFT	D	-0.14%
ALEX	C	-0.14%
CSGS	F	-0.14%
NVEE	F	-0.14%
KW	D	-0.14%
CBRL	F	-0.14%
LUMN	F	-0.14%
PMT	B	-0.14%
MGPI	F	-0.14%
SDGR	F	-0.14%
JBGS	F	-0.14%
HLIT	D	-0.14%
GPRE	F	-0.14%
CAL	D	-0.14%
NAVI	F	-0.14%
WWW	C	-0.13%
EIG	D	-0.13%
TGI	C	-0.13%
DEA	C	-0.13%
EYE	F	-0.13%
SCSC	B	-0.13%
SBH	D	-0.13%
JACK	F	-0.12%
CSR	C	-0.12%
WNC	F	-0.12%
MSEX	D	-0.12%
PRAA	C	-0.12%
COLL	D	-0.12%
ARLO	D	-0.12%
AAT	B	-0.12%
CARS	C	-0.12%
TRUP	C	-0.12%
ECPG	C	-0.12%
JBSS	D	-0.11%
RCUS	D	-0.11%
QNST	C	-0.11%
CRK	C	-0.11%
PFBC	B	-0.11%
LESL	F	-0.11%
BHLB	C	-0.11%
SGH	F	-0.11%
HRMY	F	-0.11%
HIBB	B	-0.11%
CLW	A	-0.1%
RWT	C	-0.1%
SHEN	D	-0.1%
CWEN	C	-0.1%
SXC	D	-0.1%
UTL	B	-0.1%
KOP	F	-0.1%
AXL	C	-0.1%
MATW	D	-0.1%
AMSF	F	-0.1%
AMBC	B	-0.1%
UNIT	F	-0.1%
CENX	B	-0.1%
IRWD	F	-0.1%
AVNS	C	-0.1%
TILE	D	-0.1%
HAYN	D	-0.09%
DIN	F	-0.09%
PBI	C	-0.09%
MNRO	F	-0.09%
MMI	C	-0.09%
CLB	D	-0.09%
SBSI	D	-0.09%
EMBC	D	-0.09%
BJRI	C	-0.09%
ALGT	F	-0.09%
FDP	F	-0.09%
VTOL	B	-0.09%
BDN	C	-0.09%
VIR	D	-0.09%
NBR	F	-0.08%
NUS	D	-0.08%
HSII	B	-0.08%
BGS	F	-0.08%
ASIX	F	-0.08%
HAIN	D	-0.08%
DCOM	D	-0.08%
THRY	D	-0.08%
HPP	F	-0.08%
MD	F	-0.08%
SPTN	D	-0.08%
KELYA	D	-0.08%
GES	C	-0.08%
RGNX	F	-0.08%
VVI	D	-0.08%
PRA	C	-0.08%
TMP	D	-0.07%
UFCS	C	-0.07%
EGBN	F	-0.07%
UNFI	D	-0.07%
CVGW	D	-0.07%
SMP	F	-0.07%
GOGO	C	-0.07%
VREX	F	-0.07%
WSR	B	-0.07%
HFWA	C	-0.07%
INN	F	-0.07%
NVRI	D	-0.07%
DRQ	F	-0.07%
CCRN	F	-0.06%
FWRD	F	-0.06%
HAFC	C	-0.06%
USNA	D	-0.06%
TRST	C	-0.06%
CPF	B	-0.06%
PAHC	B	-0.05%
MOV	C	-0.05%
CMP	F	-0.05%
WRLD	D	-0.05%
FLGT	D	-0.05%
CENT	C	-0.05%
HVT	F	-0.05%
CRSR	F	-0.05%
GDOT	D	-0.05%
MERC	C	-0.05%
CNSL	C	-0.04%
OSUR	F	-0.04%
NFBK	D	-0.04%
RGP	F	-0.04%
SPWR	D	-0.03%
ATNI	F	-0.03%
TTEC	F	-0.02%