CLSE vs. STOT ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to SPDR DoubleLine Short Duration Total Return Tactical ETF (STOT)

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

$20.71

Average Daily Volume

42,647

Number of Holdings ^*

348

* may have additional holdings in another (foreign) market

STOT

SPDR DoubleLine Short Duration Total Return Tactical ETF

STOT Description

The SPDR DoubleLine Short Duration Total Return Tactical ETF seeks to maximize current income with a dollar-weighted average effective duration between one and three years.

Grade (RS Rating)

Last Trade

$46.72

Average Daily Volume

29,775

Number of Holdings ^*

142

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	STOT
30 Days	1.35%	0.41%
60 Days	4.23%	0.38%
90 Days	11.22%	1.00%
12 Months	39.39%	5.63%

36 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in STOT	Overlap
ABBV	D	0.85%	0.13%	0.13%
APA	F	0.39%	0.04%	0.04%
ATO	C	-0.23%	0.13%	-0.23%
BA	F	-0.47%	0.27%	-0.47%
BAC	A	0.76%	0.09%	0.09%
BANC	C	-0.2%	0.03%	-0.2%
BCC	D	0.54%	0.26%	0.26%
BX	D	-0.35%	0.01%	-0.35%
CABO	F	-0.27%	0.15%	-0.27%
CARR	B	-0.36%	0.28%	-0.36%
CHK	B	-0.11%	0.1%	-0.11%
CNC	C	0.62%	0.07%	0.07%
CNX	C	-0.27%	0.05%	-0.27%
COF	B	-0.17%	0.06%	-0.17%
DLTR	F	-0.25%	0.28%	-0.25%
EQT	C	-0.22%	0.02%	-0.22%
FYBR	B	-0.36%	0.01%	-0.36%
GDDY	A	0.62%	0.22%	0.22%
GFF	D	0.68%	0.05%	0.05%
GM	B	0.59%	0.27%	0.27%
GS	A	-0.29%	0.28%	-0.29%
JPM	A	0.88%	0.1%	0.1%
KDP	A	-0.26%	0.28%	-0.26%
MS	A	-0.31%	0.27%	-0.31%
NXST	B	-0.34%	0.01%	-0.34%
PFSI	B	-0.3%	0.05%	-0.3%
PPC	A	0.74%	0.02%	0.02%
REZI	C	0.48%	0.16%	0.16%
RPRX	D	0.29%	0.28%	0.28%
T	B	0.91%	0.29%	0.29%
TFC	A	-0.13%	0.27%	-0.13%
THC	A	0.61%	0.03%	0.03%
UBER	D	0.82%	0.02%	0.02%
VLO	D	0.73%	0.27%	0.27%
VST	B	0.6%	0.22%	0.22%
WFC	A	0.71%	0.28%	0.28%

CLSE Overweight 312 Positions Relative to STOT

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	C	2.16%
MU	B	2.13%
APP	B	2.1%
NTAP	B	1.8%
ANET	B	1.72%
SNX	A	1.71%
NTNX	B	1.67%
CRWD	C	1.36%
WMT	B	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%
MUSA	B	0.96%
AAPL	B	0.95%
STNE	B	0.95%
PAGS	D	0.95%
SPOT	C	0.95%
AMG	D	0.91%
SYF	C	0.91%
COIN	D	0.89%
PFE	C	0.89%
SEIC	D	0.88%
AMGN	B	0.87%
OGN	B	0.86%
VTRS	D	0.86%
TW	B	0.86%
MTG	B	0.86%
JNJ	D	0.85%
LLY	C	0.84%
HALO	B	0.83%
MPC	D	0.83%
MRK	B	0.81%
PBF	F	0.8%
IIPR	C	0.78%
BRBR	C	0.78%
IESC	B	0.77%
PSX	D	0.74%
XOM	B	0.74%
MO	A	0.74%
FITB	B	0.73%
EME	B	0.73%
PG	A	0.73%
SMCI	D	0.72%
TSN	C	0.71%
BG	B	0.71%
VRT	B	0.7%
MCK	B	0.69%
EBAY	B	0.68%
F	D	0.67%
MLI	B	0.64%
STRL	B	0.63%
UMBF	C	0.62%
ITRI	B	0.62%
PEGA	C	0.62%
KNF	C	0.61%
FTDR	B	0.6%
CI	D	0.6%
OC	A	0.59%
LOPE	B	0.58%
AGO	D	0.58%
SKYW	B	0.58%
NU	C	0.56%
DVA	C	0.56%
BLDR	D	0.55%
PGR	C	0.54%
GMS	C	0.54%
AYI	C	0.54%
HQY	D	0.52%
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%
HIG	C	0.47%
CNA	B	0.47%
UHS	B	0.47%
EVRG	B	0.46%
EXP	A	0.46%
EXC	B	0.45%
LDOS	A	0.44%
HRB	B	0.44%
RGA	A	0.43%
SAIC	B	0.41%
SLVM	A	0.41%
BKNG	B	0.41%
NSA	C	0.38%
SPG	D	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%
SR	B	0.33%
CVI	F	0.33%
KR	D	0.32%
RS	D	0.32%
BLD	D	0.32%
FIX	B	0.32%
PSTG	B	0.31%
BAH	B	0.31%
CVNA	B	0.31%
WDC	C	0.31%
FDX	C	0.3%
OMI	F	0.29%
AMRX	B	0.28%
SPGI	B	0.28%
AMP	A	0.26%
UNP	C	0.24%
NEU	D	0.24%
ANF	B	0.23%
MGM	D	0.21%
NTRA	B	0.2%
DECK	D	0.18%
LNTH	B	0.18%
AEO	C	0.17%
SKT	D	0.14%
FG	C	0.14%
FCX	A	0.14%
MOD	B	0.13%
PHM	B	0.11%
DOCS	F	0.11%
VCTR	C	0.09%
SUM	D	0.0%
DNUT	F	-0.05%
AWR	B	-0.06%
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	D	-0.08%
PNM	C	-0.08%
FCNCA	B	-0.08%
ENPH	F	-0.08%
HAS	C	-0.09%
PLNT	B	-0.09%
SUI	D	-0.09%
CWST	C	-0.09%
DOC	A	-0.09%
ATI	B	-0.09%
MCW	B	-0.09%
RYAN	C	-0.09%
LGIH	F	-0.09%
ACVA	D	-0.1%
VTR	B	-0.1%
CROX	B	-0.1%
COLD	F	-0.1%
PCH	D	-0.1%
AEE	B	-0.11%
EXR	B	-0.11%
AES	B	-0.11%
CHDN	C	-0.11%
RRC	C	-0.11%
DAY	D	-0.11%
WTW	D	-0.11%
VAC	C	-0.11%
TXG	F	-0.12%
KNX	D	-0.12%
LPX	A	-0.12%
MDU	A	-0.12%
ADC	B	-0.12%
BOOT	B	-0.12%
GOGL	A	-0.12%
AJG	C	-0.14%
VFC	F	-0.14%
IPAR	F	-0.14%
AXON	C	-0.15%
ZWS	C	-0.15%
KMPR	B	-0.15%
CRS	B	-0.15%
AVAV	B	-0.15%
LFST	C	-0.15%
O	B	-0.15%
SPR	D	-0.15%
CZR	F	-0.15%
RBA	C	-0.15%
CNXC	D	-0.16%
WTM	C	-0.16%
AXSM	B	-0.16%
CHH	F	-0.16%
KVUE	C	-0.16%
SJM	F	-0.16%
XYL	A	-0.16%
MTN	D	-0.17%
WAFD	B	-0.17%
FOXF	D	-0.17%
FLNC	D	-0.17%
ARWR	F	-0.17%
HAYW	C	-0.17%
GPOR	D	-0.17%
FL	F	-0.17%
UCBI	B	-0.17%
FOUR	D	-0.18%
RUN	C	-0.18%
UHAL	B	-0.18%
GME	B	-0.18%
IOVA	D	-0.18%
ALLY	B	-0.18%
NARI	C	-0.18%
GPI	A	-0.18%
PR	D	-0.19%
GATX	B	-0.19%
SRE	A	-0.19%
DG	D	-0.19%
IRT	B	-0.19%
BE	D	-0.19%
WAL	B	-0.19%
APD	C	-0.2%
FMC	C	-0.2%
HASI	B	-0.2%
PPBI	C	-0.2%
SBCF	B	-0.2%
MP	C	-0.21%
LNC	B	-0.21%
SHC	F	-0.22%
ROG	C	-0.22%
TSLA	D	-0.22%
PRCT	B	-0.22%
NTLA	D	-0.22%
UEC	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	B	-0.24%
CG	D	-0.25%
GO	F	-0.25%
EVH	F	-0.25%
ORCL	D	-0.26%
RNR	D	-0.26%
FNB	A	-0.26%
MASI	D	-0.26%
NOG	C	-0.26%
LW	F	-0.26%
TMDX	A	-0.27%
BIO	F	-0.27%
NNI	B	-0.27%
FIS	A	-0.27%
AGNC	A	-0.28%
GTLS	B	-0.28%
NOVT	D	-0.28%
UI	C	-0.29%
NEOG	F	-0.29%
AAP	D	-0.29%
TOST	A	-0.29%
AR	C	-0.3%
CAR	C	-0.3%
TTWO	F	-0.3%
FIVE	F	-0.32%
ALB	C	-0.32%
LAD	D	-0.33%
RVMD	C	-0.35%
IBKR	B	-0.35%
DV	F	-0.36%
GE	C	-0.37%
KMX	D	-0.37%
CFLT	D	-0.37%
D	A	-0.37%
TGNA	B	-0.38%
IAC	B	-0.39%
ZI	F	-0.4%
CRL	D	-0.41%
FIVN	F	-0.41%
MSGS	C	-0.41%
RIOT	F	-0.42%
UTHR	B	-0.42%
LBRDK	F	-0.42%
SATS	C	-0.42%
CGNX	B	-0.43%
DAR	D	-0.43%
VSAT	D	-0.43%
BILL	F	-0.44%
INSP	D	-0.44%
WBD	D	-0.45%
ASAN	F	-0.45%
MSTR	D	-0.45%
RH	C	-0.46%
TXN	A	-0.47%
FND	C	-0.47%
GFS	D	-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	B	-0.58%
KLIC	D	-0.59%
QQQ	B	-0.61%
SITM	B	-0.71%
INTC	F	-0.73%

CLSE Underweight 106 Positions Relative to STOT

Symbol	Grade	Weight
B	B	-2.8%
FR	D	-0.79%
FNA	F	-0.56%
AVTR	D	-0.32%
CPS	F	-0.31%
WELL	A	-0.29%
RY	A	-0.29%
VZ	C	-0.29%
MCHP	B	-0.28%
MAR	D	-0.28%
HCA	D	-0.28%
OMC	A	-0.28%
LUV	F	-0.28%
RSG	C	-0.28%
TMO	B	-0.28%
CAG	B	-0.28%
PXD	B	-0.28%
ETR	A	-0.28%
MMC	B	-0.28%
SLB	D	-0.27%
EIX	A	-0.27%
TD	D	-0.27%
C	A	-0.27%
DELL	B	-0.26%
WPC	B	-0.26%
BERY	C	-0.26%
ELAN	C	-0.26%
LMAT	A	-0.24%
H	D	-0.24%
UPST	D	-0.24%
SSNC	B	-0.23%
REYN	B	-0.22%
AXTA	A	-0.22%
WMG	D	-0.22%
YUM	D	-0.22%
IQV	D	-0.21%
BNS	D	-0.21%
CM	C	-0.18%
ENR	C	-0.18%
AAL	C	-0.15%
UNH	B	-0.15%
KAR	B	-0.15%
CCL	F	-0.13%
ESI	D	-0.12%
BHF	F	-0.12%
KREF	F	-0.12%
TIGO	B	-0.1%
FUN	A	-0.1%
TRTX	B	-0.1%
BRSP	F	-0.08%
BYD	F	-0.08%
POST	A	-0.07%
NRG	B	-0.07%
SPH	D	-0.07%
BXMT	D	-0.07%
IRM	C	-0.07%
GT	D	-0.06%
UAL	B	-0.06%
NLY	A	-0.06%
FN	B	-0.06%
GPMT	F	-0.05%
SAH	B	-0.05%
SXC	D	-0.05%
STWD	B	-0.05%
GLT	F	-0.05%
NGL	D	-0.05%
CF	F	-0.05%
AXL	B	-0.04%
CLH	A	-0.04%
HESM	C	-0.04%
OPCH	D	-0.04%
USAC	D	-0.04%
VSCO	C	-0.04%
ICLR	D	-0.04%
CHTR	F	-0.04%
WFRD	C	-0.03%
CCO	D	-0.03%
CYH	C	-0.03%
BALY	D	-0.03%
KHC	B	-0.03%
CTLT	D	-0.02%
UNIT	F	-0.02%
IEP	C	-0.02%
WD	B	-0.02%
OVV	D	-0.02%
COTY	F	-0.02%
WES	A	-0.02%
SWN	D	-0.02%
PFGC	D	-0.02%
OMF	B	-0.02%
OXY	D	-0.02%
COMM	F	-0.02%
MSC	B	-0.02%
DTE	A	-0.02%
IHRT	F	-0.01%
BTU	D	-0.01%
TMUS	C	-0.01%
AM	A	-0.01%
RCMT	D	-0.01%
NAVI	D	-0.01%
TGI	B	-0.01%
UAN	C	-0.01%
TDG	C	-0.01%
SUN	D	-0.01%
RIG	F	-0.01%
PCG	B	-0.01%