CLSE vs. SPRX ETF Comparison
Comparison of Convergence Long/Short Equity ETF (CLSE) to Spear Alpha ETF (SPRX)
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
$22.02
Average Daily Volume
50,834
Number of Holdings
*
325
* may have additional holdings in another (foreign) market
SPRX
Spear Alpha ETF
SPRX Description
SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.Grade (RS Rating)
Last Trade
$22.72
Average Daily Volume
36,971
Number of Holdings
*
22
* may have additional holdings in another (foreign) market
Performance
| Period | CLSE | SPRX |
|---|---|---|
| 30 Days | 1.80% | 2.76% |
| 60 Days | 5.28% | 6.32% |
| 90 Days | 2.71% | -3.61% |
| 12 Months | 36.41% | 31.26% |
CLSE Overweight 320 Positions Relative to SPRX
| Symbol | Grade | Weight | |
|---|---|---|---|
| META | B | 3.19% | |
| GOOGL | D | 3.05% | |
| AVGO | C | 2.6% | |
| QCOM | D | 2.6% | |
| AMZN | C | 2.44% | |
| AAPL | C | 2.17% | |
| APP | C | 1.96% | |
| WMT | B | 1.95% | |
| NTAP | D | 1.88% | |
| CVNA | B | 1.74% | |
| IBM | B | 1.71% | |
| CVLT | B | 1.64% | |
| HPE | C | 1.63% | |
| GDDY | C | 1.55% | |
| GOOG | D | 1.25% | |
| ORCL | B | 1.23% | |
| DOCU | C | 1.21% | |
| HD | B | 1.18% | |
| ACIW | B | 1.14% | |
| MSFT | C | 1.12% | |
| HALO | D | 1.05% | |
| T | B | 1.03% | |
| ABBV | B | 1.03% | |
| PYPL | B | 1.03% | |
| SNEX | C | 1.03% | |
| AMG | C | 1.02% | |
| JHG | B | 0.99% | |
| NTRS | C | 0.98% | |
| JNJ | C | 0.96% | |
| GILD | B | 0.93% | |
| AVT | B | 0.92% | |
| SYF | C | 0.9% | |
| AMRX | C | 0.89% | |
| OGN | D | 0.89% | |
| THC | C | 0.85% | |
| EME | B | 0.84% | |
| DVA | B | 0.84% | |
| IDCC | B | 0.83% | |
| SEIC | B | 0.82% | |
| BAC | D | 0.82% | |
| UHS | C | 0.82% | |
| VLO | F | 0.8% | |
| NTNX | D | 0.8% | |
| MLI | B | 0.77% | |
| MO | C | 0.77% | |
| FTDR | B | 0.76% | |
| MPC | F | 0.74% | |
| UMBF | C | 0.73% | |
| PPC | D | 0.73% | |
| CNC | D | 0.73% | |
| PG | C | 0.72% | |
| BG | F | 0.72% | |
| JXN | B | 0.69% | |
| IIPR | B | 0.68% | |
| GVA | B | 0.65% | |
| STRL | C | 0.65% | |
| CHRW | B | 0.63% | |
| FITB | B | 0.62% | |
| OSCR | D | 0.6% | |
| JPM | D | 0.6% | |
| CAH | C | 0.6% | |
| UNP | D | 0.59% | |
| RF | B | 0.59% | |
| VST | B | 0.59% | |
| XOM | D | 0.59% | |
| PATK | C | 0.58% | |
| TSLA | C | 0.58% | |
| DVN | F | 0.58% | |
| TSN | D | 0.57% | |
| PRIM | B | 0.57% | |
| WFC | D | 0.57% | |
| CFG | D | 0.57% | |
| SLVM | C | 0.56% | |
| ADMA | C | 0.56% | |
| MTZ | C | 0.56% | |
| GM | C | 0.56% | |
| AMGN | D | 0.55% | |
| AVA | B | 0.55% | |
| PNW | C | 0.55% | |
| NEE | B | 0.55% | |
| MET | B | 0.55% | |
| PGR | C | 0.54% | |
| IESC | B | 0.54% | |
| RGA | C | 0.54% | |
| MRK | F | 0.54% | |
| MWA | B | 0.54% | |
| NEM | C | 0.53% | |
| LMT | A | 0.53% | |
| CVX | F | 0.52% | |
| FDX | D | 0.52% | |
| VRT | C | 0.51% | |
| HRB | C | 0.51% | |
| BMY | C | 0.5% | |
| EXPE | C | 0.5% | |
| NSA | C | 0.49% | |
| CNA | D | 0.49% | |
| RTX | B | 0.49% | |
| MUSA | D | 0.47% | |
| LNTH | D | 0.47% | |
| EEFT | F | 0.46% | |
| ACT | C | 0.46% | |
| KLAC | D | 0.46% | |
| MCK | F | 0.45% | |
| REZI | D | 0.44% | |
| LAMR | B | 0.43% | |
| EQR | C | 0.43% | |
| RGLD | C | 0.42% | |
| MRO | D | 0.41% | |
| SCCO | C | 0.4% | |
| LDOS | A | 0.4% | |
| SPG | B | 0.4% | |
| FCX | C | 0.39% | |
| KMB | C | 0.39% | |
| SAIC | C | 0.39% | |
| KNF | C | 0.38% | |
| CTRE | C | 0.36% | |
| J | A | 0.36% | |
| TOL | A | 0.35% | |
| BCO | B | 0.34% | |
| CAT | B | 0.34% | |
| ABM | D | 0.34% | |
| GLW | B | 0.33% | |
| SM | F | 0.33% | |
| ALSN | B | 0.33% | |
| EXP | B | 0.33% | |
| STAG | D | 0.33% | |
| IBP | C | 0.33% | |
| NFLX | B | 0.31% | |
| NVR | B | 0.31% | |
| VTRS | D | 0.31% | |
| JLL | B | 0.3% | |
| CPNG | B | 0.27% | |
| BKNG | B | 0.26% | |
| CCL | C | 0.25% | |
| ANF | D | 0.23% | |
| MHO | B | 0.19% | |
| KR | B | 0.17% | |
| NTRA | C | 0.15% | |
| SPOT | C | 0.13% | |
| ADUS | C | 0.12% | |
| ALNY | C | 0.12% | |
| GRMN | D | 0.09% | |
| QQQ | B | 0.0% | |
| JOBY | F | -0.04% | |
| AEE | B | -0.04% | |
| BC | C | -0.05% | |
| WOR | F | -0.05% | |
| CAR | D | -0.06% | |
| FOXF | F | -0.08% | |
| AES | C | -0.08% | |
| ALIT | D | -0.08% | |
| CZR | C | -0.09% | |
| NXST | D | -0.09% | |
| DRVN | C | -0.1% | |
| VAC | D | -0.1% | |
| HGV | F | -0.1% | |
| AWR | C | -0.1% | |
| MCW | F | -0.1% | |
| WTW | B | -0.1% | |
| HHH | C | -0.11% | |
| ACVA | C | -0.11% | |
| AGL | F | -0.11% | |
| PGNY | F | -0.12% | |
| AAL | D | -0.12% | |
| VAL | F | -0.12% | |
| COLD | D | -0.12% | |
| VSAT | F | -0.12% | |
| VMC | C | -0.12% | |
| CC | D | -0.13% | |
| LAD | B | -0.13% | |
| PPBI | D | -0.14% | |
| RBLX | C | -0.14% | |
| AA | C | -0.14% | |
| VFC | B | -0.14% | |
| SJM | C | -0.15% | |
| EXR | C | -0.15% | |
| PCH | C | -0.15% | |
| MTN | D | -0.15% | |
| DAY | D | -0.15% | |
| PYCR | D | -0.15% | |
| CHDN | D | -0.16% | |
| CLDX | F | -0.16% | |
| CG | C | -0.16% | |
| WY | C | -0.16% | |
| WTRG | D | -0.16% | |
| ILMN | D | -0.16% | |
| AESI | D | -0.16% | |
| KRG | C | -0.16% | |
| CHK | C | -0.16% | |
| CIEN | B | -0.17% | |
| CGON | C | -0.17% | |
| UHAL | B | -0.17% | |
| WAL | B | -0.17% | |
| OKE | C | -0.18% | |
| GTLS | F | -0.18% | |
| VNO | B | -0.18% | |
| AVAV | C | -0.18% | |
| UEC | D | -0.18% | |
| HI | F | -0.18% | |
| BEAM | F | -0.18% | |
| ENOV | F | -0.18% | |
| TXG | D | -0.18% | |
| CNH | C | -0.19% | |
| KNSL | D | -0.19% | |
| BIRK | F | -0.2% | |
| BANC | C | -0.2% | |
| XPO | D | -0.2% | |
| BE | F | -0.2% | |
| APD | B | -0.2% | |
| LKQ | F | -0.2% | |
| WOLF | F | -0.2% | |
| NTLA | F | -0.2% | |
| CINF | C | -0.2% | |
| TFC | D | -0.2% | |
| TTD | B | -0.2% | |
| FCNCA | D | -0.2% | |
| COLB | B | -0.21% | |
| RBA | D | -0.21% | |
| LUV | C | -0.21% | |
| IRTC | F | -0.21% | |
| TMDX | C | -0.21% | |
| AJG | D | -0.21% | |
| AGCO | D | -0.21% | |
| EL | D | -0.21% | |
| SHC | C | -0.22% | |
| SBUX | C | -0.22% | |
| WBA | F | -0.22% | |
| TREX | F | -0.22% | |
| GPOR | C | -0.22% | |
| SOFI | D | -0.22% | |
| CSCO | B | -0.23% | |
| IPAR | D | -0.23% | |
| COTY | D | -0.23% | |
| XYL | C | -0.23% | |
| WTM | F | -0.23% | |
| SW | B | -0.24% | |
| DXCM | F | -0.24% | |
| CNX | B | -0.24% | |
| RNR | B | -0.24% | |
| FLYW | F | -0.24% | |
| AEIS | D | -0.24% | |
| VSH | F | -0.25% | |
| WSC | D | -0.25% | |
| BIO | C | -0.25% | |
| SUM | D | -0.25% | |
| EQT | C | -0.26% | |
| PTEN | F | -0.26% | |
| WAT | B | -0.26% | |
| ALB | D | -0.26% | |
| SITE | D | -0.27% | |
| APLS | F | -0.27% | |
| AL | C | -0.27% | |
| HASI | C | -0.27% | |
| GMED | D | -0.28% | |
| GT | F | -0.28% | |
| HSY | D | -0.28% | |
| VVV | D | -0.28% | |
| GE | C | -0.29% | |
| CELH | F | -0.29% | |
| LW | D | -0.29% | |
| DLTR | F | -0.29% | |
| FDS | C | -0.3% | |
| PSA | C | -0.31% | |
| INSP | D | -0.31% | |
| LVS | C | -0.31% | |
| PEN | D | -0.31% | |
| SRE | B | -0.32% | |
| TOST | C | -0.32% | |
| D | C | -0.32% | |
| NEOG | D | -0.32% | |
| RVMD | C | -0.33% | |
| EVTC | D | -0.33% | |
| MARA | D | -0.33% | |
| MRNA | F | -0.33% | |
| MNST | D | -0.33% | |
| ON | D | -0.34% | |
| FOUR | C | -0.34% | |
| LPLA | D | -0.35% | |
| IAC | C | -0.35% | |
| NDAQ | C | -0.35% | |
| EXAS | D | -0.35% | |
| ZI | D | -0.36% | |
| BBIO | F | -0.36% | |
| FIVN | F | -0.36% | |
| ENPH | D | -0.36% | |
| AFRM | D | -0.36% | |
| MKTX | D | -0.36% | |
| LYV | A | -0.37% | |
| ADBE | F | -0.37% | |
| KLIC | D | -0.37% | |
| BA | F | -0.38% | |
| ZBRA | B | -0.38% | |
| RIOT | F | -0.39% | |
| BRZE | F | -0.4% | |
| RIVN | F | -0.4% | |
| PATH | D | -0.4% | |
| C | C | -0.42% | |
| WBD | D | -0.43% | |
| CCOI | C | -0.44% | |
| CGNX | F | -0.44% | |
| GLOB | D | -0.45% | |
| TTWO | D | -0.46% | |
| SATS | C | -0.46% | |
| MDB | D | -0.47% | |
| FIVE | D | -0.48% | |
| DV | F | -0.49% | |
| BILL | D | -0.49% | |
| MCHP | D | -0.51% | |
| RH | C | -0.56% | |
| POOL | C | -0.57% | |
| LBRDK | C | -0.58% | |
| SMCI | F | -0.58% | |
| WDC | C | -0.6% | |
| U | D | -0.63% | |
| FND | C | -0.63% | |
| LSCC | D | -0.65% | |
| GFS | F | -0.67% | |
| LITE | B | -0.73% | |
| TXN | B | -0.86% | |
| INTC | D | -0.89% |
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Semiconductors
Banks - Regional - US
Diagnostics & Research
Software - Infrastructure
Engineering & Construction
Oil & Gas E&P
Asset Management
Building Materials
Communication Equipment
Drug Manufacturers - Major
Information Technology Services
Internet Content & Information
REIT - Industrial
Business Services
Capital Markets
Diversified Industrials
Household & Personal Products
Insurance - Property & Casualty
SPRX: Top Represented Industries & Keywords
Industries:
Software - Application
Semiconductors
Software - Infrastructure
Electronic Components
Computer Systems
Diversified Industrials
Industrial Metals & Minerals
Semiconductor Memory
Telecom Services
Utilities - Independent Power Producers
Utilities - Renewable
Keywords:
S&P 500
Computing
Nasdaq 100
Cloud Computing
Cloud Infrastructure
Computer Security
Deep Learning
Artificial Intelligence
Cybersecurity
Design Manufacturers
IBD 50
Software As A Service
Computer Architecture
Computer Networking
Consumer Devices
Consumer Electronics
Content Control Software
Electricity
Fabless Semiconductor Companies
Firewall
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