CLSE vs. SMMV ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV)
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

$20.89

Average Daily Volume

43,408

Number of Holdings *

348

* may have additional holdings in another (foreign) market
SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$37.67

Average Daily Volume

138,389

Number of Holdings *

300

* may have additional holdings in another (foreign) market
Performance
Period CLSE SMMV
30 Days 1.20% 4.46%
60 Days 4.08% 2.41%
90 Days 11.06% 4.69%
12 Months 39.58% 11.38%
29 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in SMMV Overlap
ADC B -0.12% 1.31% -0.12%
AWR C -0.06% 0.23% -0.06%
BRBR B 0.78% 0.07% 0.07%
CHH F -0.16% 0.09% -0.16%
CNX B -0.27% 0.11% -0.27%
COLD D -0.1% 0.17% -0.1%
CWST C -0.09% 0.53% -0.09%
EME B 0.73% 0.24% 0.24%
GO F -0.25% 0.37% -0.25%
GPOR D -0.17% 0.08% -0.17%
HALO B 0.83% 0.1% 0.1%
HQY D 0.52% 0.61% 0.52%
HRB B 0.44% 0.34% 0.34%
KNF D 0.61% 0.11% 0.11%
LOPE B 0.58% 0.9% 0.58%
MDU C -0.12% 1.13% -0.12%
MSGS C -0.41% 0.67% -0.41%
MUSA C 0.96% 1.56% 0.96%
NEU D 0.24% 0.93% 0.24%
PBF F 0.8% 0.13% 0.13%
PNM C -0.08% 0.71% -0.08%
RGA A 0.43% 0.5% 0.43%
RNR D -0.26% 0.9% -0.26%
ROG C -0.22% 0.33% -0.22%
RYAN C -0.09% 0.58% -0.09%
SAIC B 0.41% 0.76% 0.41%
SR B 0.33% 0.07% 0.07%
TGNA B -0.38% 0.66% -0.38%
WTM D -0.16% 1.09% -0.16%
CLSE Overweight 319 Positions Relative to SMMV
Symbol Grade Weight
NVDA B 3.67%
MSFT C 3.35%
AMZN B 3.29%
GOOGL B 2.6%
QCOM A 2.44%
GOOG B 2.4%
META D 2.21%
AMAT B 2.16%
MU B 2.13%
APP B 2.1%
NTAP B 1.8%
ANET A 1.72%
SNX A 1.71%
NTNX B 1.67%
CRWD B 1.36%
WMT D 1.35%
IBM D 1.29%
PYPL C 1.23%
DOCU B 1.1%
HD D 1.08%
NFLX C 1.07%
APPF B 1.04%
AAPL B 0.95%
STNE D 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 C 0.89%
JPM A 0.88%
SEIC D 0.88%
AMGN B 0.87%
OGN B 0.86%
VTRS D 0.86%
TW B 0.86%
MTG B 0.86%
ABBV D 0.85%
JNJ D 0.85%
LLY C 0.84%
MPC D 0.83%
UBER D 0.82%
MRK C 0.81%
IIPR B 0.78%
IESC C 0.77%
BAC A 0.76%
PSX D 0.74%
XOM B 0.74%
PPC A 0.74%
MO A 0.74%
FITB B 0.73%
PG A 0.73%
VLO D 0.73%
SMCI D 0.72%
WFC A 0.71%
TSN B 0.71%
BG C 0.71%
VRT B 0.7%
MCK B 0.69%
GFF D 0.68%
EBAY B 0.68%
F D 0.67%
MLI A 0.64%
STRL B 0.63%
GDDY B 0.62%
CNC B 0.62%
UMBF B 0.62%
ITRI B 0.62%
PEGA D 0.62%
THC A 0.61%
FTDR B 0.6%
VST B 0.6%
CI D 0.6%
OC A 0.59%
GM B 0.59%
AGO D 0.58%
SKYW B 0.58%
NU C 0.56%
DVA C 0.56%
BLDR D 0.55%
PGR B 0.54%
GMS B 0.54%
BCC D 0.54%
AYI C 0.54%
CAT C 0.52%
PLTR D 0.51%
NEE A 0.51%
AMR F 0.51%
DPZ C 0.5%
CNM B 0.5%
CAH F 0.49%
REZI C 0.48%
HIG B 0.47%
CNA B 0.47%
UHS B 0.47%
EVRG B 0.46%
EXP B 0.46%
EXC B 0.45%
LDOS A 0.44%
SLVM A 0.41%
BKNG B 0.41%
APA F 0.39%
NSA C 0.38%
SPG C 0.38%
STLD D 0.38%
BCO A 0.38%
GLPI D 0.37%
J D 0.36%
GRMN A 0.36%
STAG D 0.34%
IBP D 0.33%
PEG A 0.33%
CVI F 0.33%
KR D 0.32%
RS D 0.32%
BLD C 0.32%
FIX B 0.32%
PSTG B 0.31%
BAH C 0.31%
CVNA B 0.31%
WDC B 0.31%
FDX D 0.3%
RPRX F 0.29%
OMI F 0.29%
AMRX A 0.28%
SPGI B 0.28%
AMP A 0.26%
UNP B 0.24%
ANF B 0.23%
MGM F 0.21%
NTRA B 0.2%
DECK C 0.18%
LNTH C 0.18%
AEO B 0.17%
SKT C 0.14%
FG C 0.14%
FCX A 0.14%
MOD B 0.13%
PHM B 0.11%
DOCS F 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 F -0.08%
PTCT C -0.08%
JOBY D -0.08%
JBHT F -0.08%
FCNCA B -0.08%
ENPH D -0.08%
HAS C -0.09%
PLNT C -0.09%
SUI D -0.09%
DOC A -0.09%
ATI B -0.09%
MCW C -0.09%
LGIH F -0.09%
ACVA D -0.1%
VTR B -0.1%
CROX B -0.1%
PCH D -0.1%
AEE C -0.11%
EXR B -0.11%
CHK B -0.11%
AES B -0.11%
CHDN C -0.11%
RRC B -0.11%
DAY F -0.11%
WTW D -0.11%
VAC C -0.11%
TXG F -0.12%
KNX F -0.12%
LPX A -0.12%
BOOT B -0.12%
GOGL B -0.12%
TFC A -0.13%
AJG B -0.14%
VFC F -0.14%
IPAR F -0.14%
AXON D -0.15%
ZWS B -0.15%
KMPR B -0.15%
CRS B -0.15%
AVAV A -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%
AXSM C -0.16%
KVUE C -0.16%
SJM F -0.16%
XYL A -0.16%
MTN D -0.17%
WAFD C -0.17%
FOXF D -0.17%
COF B -0.17%
FLNC D -0.17%
ARWR F -0.17%
HAYW B -0.17%
FL F -0.17%
UCBI C -0.17%
FOUR D -0.18%
RUN D -0.18%
UHAL B -0.18%
GME C -0.18%
IOVA D -0.18%
ALLY A -0.18%
NARI D -0.18%
GPI A -0.18%
PR D -0.19%
GATX A -0.19%
SRE B -0.19%
DG D -0.19%
IRT B -0.19%
BE C -0.19%
WAL B -0.19%
APD C -0.2%
FMC C -0.2%
HASI B -0.2%
BANC D -0.2%
PPBI C -0.2%
SBCF C -0.2%
MP C -0.21%
LNC B -0.21%
SHC F -0.22%
TSLA D -0.22%
EQT B -0.22%
PRCT B -0.22%
NTLA D -0.22%
UEC C -0.23%
ATO C -0.23%
RIVN D -0.23%
NDAQ D -0.23%
IRTC F -0.23%
ASB A -0.24%
EL F -0.24%
SPT F -0.24%
FSLR C -0.24%
DLTR F -0.25%
CG D -0.25%
EVH F -0.25%
ORCL C -0.26%
FNB A -0.26%
MASI D -0.26%
NOG C -0.26%
LW F -0.26%
KDP A -0.26%
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%
AAP D -0.29%
TOST B -0.29%
AR B -0.3%
PFSI B -0.3%
CAR D -0.3%
TTWO F -0.3%
MS A -0.31%
FIVE F -0.32%
ALB D -0.32%
LAD D -0.33%
NXST B -0.34%
RVMD C -0.35%
BX C -0.35%
IBKR A -0.35%
FYBR B -0.36%
DV F -0.36%
CARR B -0.36%
GE C -0.37%
KMX D -0.37%
CFLT C -0.37%
D B -0.37%
IAC C -0.39%
ZI F -0.4%
CRL D -0.41%
FIVN F -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 D -0.45%
ASAN D -0.45%
MSTR D -0.45%
RH C -0.46%
BA D -0.47%
TXN A -0.47%
FND C -0.47%
GFS C -0.48%
U F -0.5%
TECH B -0.5%
MARA D -0.51%
LITE F -0.54%
ALGM D -0.54%
COHR D -0.55%
WOLF F -0.58%
ZBRA A -0.58%
KLIC D -0.59%
QQQ A -0.61%
SITM C -0.71%
INTC F -0.73%
CLSE Underweight 271 Positions Relative to SMMV
Symbol Grade Weight
RGLD B -1.51%
ORI A -1.5%
LSTR C -1.43%
CHE D -1.35%
ATR C -1.19%
RLI B -1.18%
AXS B -1.18%
FLO B -1.16%
IDA B -1.13%
DLB B -1.12%
SIGI F -1.11%
EXEL F -1.07%
SFM A -1.07%
CVLT B -1.06%
NSIT A -1.06%
ENSG D -0.99%
EHC A -0.93%
THG B -0.91%
POST B -0.86%
ALKS F -0.86%
BJ B -0.86%
CACI B -0.83%
PBH C -0.79%
ESGR A -0.78%
PSN D -0.74%
AM A -0.74%
NWE B -0.72%
MSM D -0.71%
FCN B -0.71%
PAGP B -0.69%
TKO C -0.66%
AVA B -0.66%
AVT A -0.65%
WEN D -0.64%
GNTX D -0.64%
BRC B -0.63%
BWXT D -0.62%
CCOI F -0.62%
GHC B -0.61%
MGRC D -0.61%
SON B -0.58%
JJSF B -0.57%
PNW B -0.57%
CALM C -0.56%
HESM B -0.55%
INGR B -0.54%
LANC D -0.54%
PINC F -0.54%
POR B -0.53%
MMS B -0.52%
PDCO F -0.52%
KBR C -0.51%
WERN D -0.51%
VRRM A -0.51%
LAUR B -0.5%
EQC B -0.48%
INSW A -0.48%
CASY B -0.47%
PJT B -0.47%
TXRH B -0.47%
IDCC C -0.44%
PRGS D -0.44%
STRA B -0.43%
LLYVK D -0.42%
REYN B -0.42%
MGEE B -0.41%
XENE D -0.41%
OHI C -0.41%
IONS F -0.4%
PCVX C -0.4%
LRN B -0.39%
SCI D -0.39%
HCC C -0.39%
ADUS B -0.39%
HURN F -0.38%
BATRK D -0.38%
HLI A -0.38%
MCY B -0.37%
CHCO C -0.37%
FCFS D -0.37%
OGS D -0.36%
PRDO B -0.36%
VVV D -0.35%
ASH B -0.34%
HMN D -0.34%
NTCT F -0.34%
OPCH F -0.34%
LPG B -0.33%
OGE A -0.33%
CSWI C -0.32%
UNF D -0.32%
VSH C -0.32%
CWT B -0.32%
IDYA D -0.32%
WABC C -0.31%
SJW C -0.31%
PRGO D -0.31%
COLL D -0.3%
NHC B -0.3%
SAFT C -0.29%
XNCR D -0.29%
SLGN B -0.28%
SNDR C -0.27%
DRS B -0.27%
NTST B -0.27%
DTM A -0.27%
UNM B -0.26%
THS F -0.26%
WMK B -0.26%
CRAI A -0.26%
HWKN C -0.26%
EIG D -0.26%
VIRT A -0.26%
ODP F -0.25%
NJR C -0.25%
MRTN D -0.25%
OSW B -0.25%
KRP B -0.25%
WINA C -0.25%
AMED A -0.24%
GTY C -0.24%
SPNT B -0.24%
PEBO C -0.23%
IRWD F -0.22%
IMKTA D -0.22%
AMSF F -0.21%
SRPT C -0.21%
CRVL A -0.21%
CRNX B -0.21%
JBSS C -0.21%
GPK C -0.21%
AGX A -0.2%
ITCI D -0.2%
OSIS C -0.2%
INVA B -0.2%
SHEN D -0.19%
RARE F -0.19%
REX B -0.19%
ARW C -0.19%
USLM A -0.19%
CTRE B -0.19%
BBSI B -0.19%
VIAV F -0.19%
PRA C -0.18%
MIRM F -0.18%
LLYVA F -0.18%
NYT B -0.18%
CLW B -0.17%
CCCS F -0.17%
BFC B -0.17%
CORT C -0.17%
ARCH F -0.17%
CNXN C -0.17%
RGR F -0.17%
DVAX F -0.16%
CPK C -0.16%
SPTN C -0.16%
SUPN F -0.16%
VREX F -0.15%
PARR F -0.15%
CBZ C -0.15%
KFRC D -0.15%
HSTM B -0.15%
CTBI B -0.15%
CWAN C -0.15%
KNTK A -0.14%
CSGS F -0.14%
HUBG B -0.14%
USPH C -0.13%
UVE B -0.13%
ATGE B -0.13%
VVX D -0.13%
BLKB C -0.13%
OLLI D -0.13%
KNSA C -0.13%
ICFI D -0.13%
SMP D -0.13%
ACHC F -0.13%
GSBC C -0.12%
PECO F -0.12%
IRDM D -0.12%
IDT A -0.12%
CIEN C -0.12%
HCKT F -0.12%
EBF B -0.12%
AMPH F -0.12%
HTLD D -0.12%
YORW C -0.12%
THFF C -0.11%
WT B -0.11%
ACLX D -0.11%
SMPL C -0.11%
DJCO B -0.11%
DHIL C -0.11%
FRPH D -0.11%
CW B -0.11%
IMXI D -0.11%
DCPH A -0.11%
FMNB D -0.11%
GTX D -0.11%
FTRE F -0.11%
KRYS D -0.11%
CASS D -0.11%
LTC A -0.11%
SKWD C -0.11%
FPI C -0.11%
UFPT B -0.11%
DX B -0.11%
AMN D -0.1%
ATEX F -0.1%
NRC F -0.1%
KN B -0.1%
NPK D -0.1%
MLTX F -0.09%
QDEL D -0.09%
ADMA A -0.09%
TIPT C -0.09%
PLXS B -0.09%
CCBG D -0.09%
INSM F -0.09%
TARS C -0.09%
RXO C -0.09%
LYTS B -0.09%
TBPH D -0.09%
USM C -0.09%
HONE C -0.09%
SCHL F -0.09%
CRC F -0.08%
SPFI C -0.08%
ITOS C -0.07%
BATRA D -0.07%
VRDN F -0.07%
CEIX C -0.07%
DK D -0.07%
JRVR F -0.07%
SEB C -0.07%
BHE A -0.07%
ARKO D -0.07%
MODN C -0.07%
DORM D -0.07%
TR F -0.07%
SENEA B -0.07%
STEL F -0.06%
IRON F -0.06%
DCI B -0.06%
RMR C -0.06%
SWX C -0.06%
CTS B -0.06%
ATNI F -0.06%
BMEA F -0.06%
CRUS A -0.06%
ZYME D -0.06%
MCS F -0.06%
PX D -0.06%
UTZ C -0.06%
PCRX C -0.06%
VNOM D -0.06%
TH C -0.05%
KELYA D -0.05%
NBTB C -0.05%
DGICA F -0.05%
ADEA C -0.05%
UFCS C -0.05%
MITK C -0.05%
FOLD F -0.04%
CCRN F -0.04%
NTGR F -0.04%
ACEL F -0.04%
MYE F -0.04%
ASLE D -0.03%
IRBT D -0.02%
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