DIVB vs. CLSE ETF Comparison

Comparison of iShares U.S. Dividend and Buyback ETF (DIVB) to Convergence Long/Short Equity ETF (CLSE)

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$50.54

Average Daily Volume

83,483

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

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

66,024

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

Performance

Period	DIVB	CLSE
30 Days	2.97%	4.69%
60 Days	5.27%	6.81%
90 Days	7.50%	9.38%
12 Months	35.87%	39.93%

81 Overlapping Holdings

Symbol	Grade	Weight in DIVB	Weight in CLSE	Overlap
ABBV	D	1.1%	0.72%	0.72%
ABM	B	0.02%	0.19%	0.02%
AES	F	0.04%	-0.08%	-0.08%
AGO	B	0.05%	-0.16%	-0.16%
ALL	A	0.19%	0.45%	0.19%
APA	D	0.08%	0.25%	0.08%
APD	A	0.18%	-0.15%	-0.15%
AVA	A	0.0%	0.47%	0.0%
AVT	C	0.17%	0.66%	0.17%
AWK	D	0.05%	-0.26%	-0.26%
BAC	A	1.46%	0.81%	0.81%
BC	C	0.05%	-0.08%	-0.08%
BEN	C	0.05%	-0.36%	-0.36%
BLK	C	0.63%	0.65%	0.63%
BMY	B	1.09%	1.11%	1.09%
BPOP	B	0.03%	-0.14%	-0.14%
C	A	0.67%	-0.19%	-0.19%
CAH	B	0.2%	0.86%	0.2%
CCOI	B	0.03%	-0.33%	-0.33%
CDP	C	0.02%	0.34%	0.02%
CF	B	0.15%	0.37%	0.15%
CHRW	C	0.09%	0.61%	0.09%
CINF	A	0.08%	0.12%	0.08%
CMA	A	0.05%	0.71%	0.05%
CNH	C	0.1%	-0.18%	-0.18%
COLD	D	0.02%	-0.15%	-0.15%
CSCO	B	5.42%	-0.52%	-0.52%
CVS	D	0.65%	0.29%	0.29%
DG	F	0.13%	-0.4%	-0.4%
EL	F	0.06%	-0.12%	-0.12%
EQR	B	0.09%	0.35%	0.09%
EXPD	D	0.16%	0.14%	0.14%
EXR	D	0.11%	-0.13%	-0.13%
FITB	A	0.14%	0.78%	0.14%
GEN	B	0.56%	0.68%	0.56%
GILD	C	0.55%	1.07%	0.55%
GLW	B	0.53%	0.52%	0.52%
HD	A	1.57%	1.13%	1.13%
HPE	B	0.74%	1.92%	0.74%
HSY	F	0.11%	-0.24%	-0.24%
IIPR	D	0.02%	0.28%	0.02%
JHG	A	0.04%	1.21%	0.04%
JNJ	D	1.37%	0.83%	0.83%
JPM	A	2.66%	0.64%	0.64%
KEY	B	0.1%	-0.25%	-0.25%
KR	B	0.1%	0.17%	0.1%
KRG	B	0.02%	-0.17%	-0.17%
LAMR	D	0.05%	0.31%	0.05%
LKQ	D	0.07%	-0.17%	-0.17%
LPX	B	0.03%	0.43%	0.03%
MCHP	D	0.8%	-0.63%	-0.63%
MDT	D	0.55%	0.29%	0.29%
MET	A	0.46%	0.52%	0.46%
NEM	D	0.13%	0.22%	0.13%
NRG	B	0.13%	0.71%	0.13%
NSC	B	0.25%	-0.1%	-0.1%
NTAP	C	0.73%	1.0%	0.73%
NTRS	A	0.13%	1.08%	0.13%
PCH	D	0.02%	-0.12%	-0.12%
PG	A	1.5%	0.45%	0.45%
PNC	B	0.46%	0.72%	0.46%
PNW	B	0.04%	0.48%	0.04%
PRU	A	0.35%	0.13%	0.13%
PSA	D	0.18%	-0.23%	-0.23%
PTEN	C	0.03%	-0.27%	-0.27%
R	B	0.06%	0.38%	0.06%
RF	A	0.14%	0.72%	0.14%
RYN	D	0.01%	-0.07%	-0.07%
SPG	B	0.3%	0.37%	0.3%
SRE	A	0.17%	-0.2%	-0.2%
STLD	B	0.21%	-0.13%	-0.13%
SW	A	0.12%	-0.17%	-0.17%
T	A	1.2%	0.29%	0.29%
TSN	B	0.08%	0.6%	0.08%
TXN	C	3.03%	-0.81%	-0.81%
UNP	C	0.48%	0.47%	0.47%
VCTR	B	0.02%	0.12%	0.02%
WAL	B	0.02%	-0.19%	-0.19%
WFC	A	2.42%	0.75%	0.75%
WTRG	B	0.01%	-0.24%	-0.24%
ZION	B	0.05%	0.71%	0.05%

DIVB Overweight 352 Positions Relative to CLSE

Symbol	Grade	Weight
ACN	C	3.56%
IBM	C	3.51%
XOM	B	2.91%
CVX	A	2.17%
FIS	C	1.88%
VZ	C	1.48%
MS	A	1.36%
GS	A	1.36%
HPQ	B	1.24%
TEL	B	1.17%
CAT	B	1.1%
LOW	D	1.06%
RTX	C	1.04%
CTSH	B	0.89%
COP	C	0.85%
PM	B	0.84%
PFE	D	0.84%
LMT	D	0.83%
MCD	D	0.82%
PEP	F	0.78%
MRK	F	0.75%
KO	D	0.75%
UPS	C	0.71%
DE	A	0.69%
CI	F	0.68%
HON	B	0.66%
NKE	D	0.65%
AIG	B	0.57%
ABT	B	0.52%
CRH	A	0.46%
CSX	B	0.45%
PSX	C	0.44%
AMGN	D	0.43%
BX	A	0.4%
BK	A	0.4%
STX	D	0.39%
ADP	B	0.38%
AFL	B	0.38%
SBUX	A	0.37%
AMP	A	0.37%
ITW	B	0.36%
MDLZ	F	0.35%
CME	A	0.34%
TFC	A	0.33%
EMR	A	0.33%
DUK	C	0.31%
MMM	D	0.31%
F	C	0.31%
USB	A	0.31%
NOC	D	0.31%
FDX	B	0.3%
DFS	B	0.3%
PLD	D	0.3%
SWKS	F	0.29%
EOG	A	0.29%
NUE	C	0.28%
GIS	D	0.27%
CL	D	0.26%
JNPR	F	0.26%
TRV	B	0.26%
DOW	F	0.25%
KMI	A	0.25%
AMT	D	0.25%
CCI	D	0.24%
MTB	A	0.24%
EBAY	D	0.23%
FANG	D	0.23%
TGT	F	0.23%
SO	D	0.22%
WMB	A	0.22%
OKE	A	0.21%
HIG	B	0.21%
JCI	C	0.21%
COF	B	0.2%
SYY	B	0.19%
SLB	C	0.19%
GPN	B	0.19%
CFG	B	0.19%
KMB	D	0.18%
TROW	B	0.18%
PFG	D	0.17%
G	B	0.16%
DVN	F	0.16%
OMC	C	0.16%
KHC	F	0.16%
LHX	C	0.16%
KDP	D	0.16%
WTW	B	0.16%
EXC	C	0.15%
BKR	B	0.15%
ED	D	0.15%
LYB	F	0.14%
MRO	B	0.14%
PAYX	C	0.14%
PEG	A	0.13%
D	C	0.13%
LH	C	0.13%
YUM	B	0.12%
CTRA	B	0.12%
EIX	B	0.12%
HBAN	A	0.12%
FAST	B	0.12%
CMI	A	0.12%
IP	B	0.12%
NEE	D	0.11%
WEC	A	0.11%
IPG	D	0.11%
TRGP	B	0.11%
DRI	B	0.11%
BBY	D	0.11%
ROK	B	0.11%
TPR	B	0.1%
KLIC	B	0.1%
AMCR	D	0.1%
WBA	F	0.1%
XEL	A	0.1%
ORI	A	0.1%
AEP	D	0.1%
PKG	A	0.09%
OVV	B	0.09%
VTRS	A	0.09%
ES	D	0.08%
IRM	D	0.08%
DGX	A	0.08%
PPL	B	0.08%
SJM	D	0.08%
SNA	A	0.08%
FE	C	0.08%
DOC	D	0.08%
BG	F	0.08%
PPG	F	0.08%
WY	D	0.08%
BXP	D	0.07%
EMN	D	0.07%
MAA	B	0.07%
ALLY	C	0.07%
SF	B	0.07%
TAP	C	0.07%
UNM	A	0.07%
KIM	A	0.07%
EVR	B	0.07%
RL	B	0.07%
WH	B	0.07%
CG	A	0.07%
AVB	B	0.07%
CHRD	D	0.07%
HST	C	0.07%
GPC	D	0.07%
OMF	A	0.07%
ESS	B	0.07%
DKS	C	0.07%
FHN	A	0.07%
SCI	B	0.07%
VSH	D	0.06%
CNP	B	0.06%
REG	B	0.06%
STWD	C	0.06%
EWBC	A	0.06%
ARES	A	0.06%
HR	C	0.06%
WBS	A	0.06%
MAS	D	0.06%
INVH	D	0.06%
VOYA	B	0.06%
EXE	B	0.06%
WPC	D	0.06%
K	A	0.06%
RHI	B	0.06%
CLX	B	0.06%
FNF	B	0.06%
HRB	D	0.06%
EVRG	A	0.06%
CAG	D	0.06%
CPT	B	0.05%
SWK	D	0.05%
AOS	F	0.05%
RPRX	D	0.05%
VICI	C	0.05%
PR	B	0.05%
BAX	D	0.05%
OWL	A	0.05%
BYD	C	0.05%
LUV	C	0.05%
BERY	B	0.05%
ETR	B	0.05%
MTG	C	0.05%
ALV	C	0.05%
IFF	D	0.05%
FAF	A	0.04%
OHI	C	0.04%
HAS	D	0.04%
OZK	B	0.04%
CFR	B	0.04%
LNT	A	0.04%
HOG	D	0.04%
PII	D	0.04%
CNXC	F	0.04%
OGE	B	0.04%
LEA	D	0.04%
AEE	A	0.04%
PBF	D	0.04%
CIVI	D	0.04%
SNV	B	0.04%
RDN	C	0.04%
MKC	D	0.04%
CUBE	D	0.04%
AIZ	A	0.04%
MSM	C	0.04%
CHH	A	0.04%
NI	A	0.04%
IVZ	B	0.04%
COLB	A	0.04%
VTR	C	0.04%
RITM	C	0.04%
IRDM	D	0.04%
JEF	A	0.04%
AM	A	0.03%
CNO	A	0.03%
ONB	B	0.03%
VLY	B	0.03%
GLPI	C	0.03%
PAG	B	0.03%
HP	B	0.03%
WEN	D	0.03%
HOMB	A	0.03%
MGY	A	0.03%
RHP	B	0.03%
WSO	A	0.03%
DTM	B	0.03%
XRAY	F	0.03%
ASH	D	0.03%
ARCH	B	0.03%
FHI	A	0.03%
MAN	D	0.03%
CBSH	A	0.03%
HRI	B	0.03%
KRC	C	0.03%
UGI	A	0.03%
CPB	D	0.03%
ELS	C	0.03%
HRL	D	0.03%
INGR	B	0.03%
DLB	B	0.03%
AFG	A	0.03%
CC	C	0.03%
BRX	A	0.03%
PB	A	0.03%
KBH	D	0.03%
CMS	C	0.03%
FMC	D	0.03%
APLE	B	0.02%
ALE	A	0.02%
NSP	D	0.02%
BOKF	B	0.02%
HWC	B	0.02%
GOLF	B	0.02%
AAP	C	0.02%
WMG	C	0.02%
PECO	A	0.02%
ESNT	D	0.02%
PRGO	B	0.02%
FHB	A	0.02%
NFG	A	0.02%
FR	C	0.02%
THG	A	0.02%
DTE	C	0.02%
MC	C	0.02%
GAP	C	0.02%
THO	B	0.02%
AEO	F	0.02%
NHI	D	0.02%
RUSHA	C	0.02%
IDA	A	0.02%
CUZ	B	0.02%
MAC	B	0.02%
SIRI	C	0.02%
CRC	B	0.02%
ASB	B	0.02%
SHOO	D	0.02%
ACI	C	0.02%
KTB	B	0.02%
SON	D	0.02%
GBCI	B	0.02%
SSB	B	0.02%
APAM	B	0.02%
OGN	D	0.02%
VFC	C	0.02%
M	D	0.02%
STAG	F	0.02%
SLG	B	0.02%
AXS	A	0.02%
FLO	D	0.02%
MUR	D	0.02%
EQH	B	0.02%
UDR	B	0.02%
UBSI	B	0.02%
FNB	A	0.02%
BTU	B	0.02%
SBRA	C	0.02%
EPR	D	0.02%
HII	D	0.02%
FRT	B	0.02%
NNN	D	0.02%
AMH	D	0.01%
IPAR	B	0.01%
OGS	A	0.01%
CWEN	C	0.01%
TXNM	A	0.01%
MCY	A	0.01%
DNB	B	0.01%
BKH	A	0.01%
MDU	D	0.01%
AWR	B	0.01%
UCB	A	0.01%
SXT	B	0.01%
RRR	D	0.01%
TFSL	A	0.01%
MGEE	C	0.01%
CNS	B	0.01%
GEF	A	0.01%
ADT	C	0.01%
KMPR	B	0.01%
AVNT	B	0.01%
AROC	B	0.01%
OTTR	C	0.01%
HI	C	0.01%
LXP	D	0.01%
NJR	A	0.01%
JWN	C	0.01%
IBOC	A	0.01%
SEE	C	0.01%
NEU	C	0.01%
FFIN	B	0.01%
CATY	B	0.01%
CWEN	C	0.01%
AGR	B	0.01%
LCII	C	0.01%
SKT	B	0.01%
WD	D	0.01%
NWL	B	0.01%
SMG	D	0.01%
IRT	A	0.01%
MAGN	F	0.0%
CADE	B	0.0%
RUSHB	B	0.0%
GEF	A	0.0%
AGNC	D	0.0%
CRK	B	0.0%
SITC	D	0.0%
ACT	D	0.0%
REYN	D	0.0%
CVI	F	0.0%

DIVB Underweight 256 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	C	-4.61%
GOOGL	C	-3.47%
META	D	-3.3%
AMZN	C	-2.53%
AVGO	D	-2.28%
APP	B	-2.25%
MU	D	-2.13%
CVNA	B	-1.85%
ANET	C	-1.83%
WMT	A	-1.82%
QCOM	F	-1.73%
IDCC	A	-1.51%
GDDY	A	-1.42%
CVLT	B	-1.4%
DOCU	A	-1.37%
PYPL	B	-1.33%
ORCL	B	-1.33%
ACIW	B	-1.3%
TSLA	B	-1.22%
NTNX	A	-1.16%
SYF	B	-1.11%
SNEX	B	-1.06%
PLTR	B	-1.02%
LNG	B	-0.97%
SEIC	B	-0.95%
HALO	F	-0.9%
AMRX	C	-0.9%
BFH	B	-0.88%
GM	B	-0.87%
COR	B	-0.86%
PPC	C	-0.85%
GVA	A	-0.84%
MLI	C	-0.84%
CARG	C	-0.83%
AAPL	C	-0.83%
PRIM	A	-0.8%
MO	A	-0.79%
NFLX	A	-0.79%
THC	D	-0.78%
DVA	B	-0.78%
IESC	B	-0.77%
CPNG	D	-0.77%
EME	C	-0.75%
CNX	A	-0.74%
FTI	A	-0.74%
UTHR	C	-0.73%
STRL	B	-0.71%
UHS	D	-0.7%
TMUS	B	-0.7%
CEIX	A	-0.7%
VRT	B	-0.68%
APH	A	-0.67%
UMBF	B	-0.66%
ALSN	B	-0.66%
MTZ	B	-0.66%
MWA	B	-0.65%
EXPE	B	-0.61%
FFIV	B	-0.6%
FTDR	A	-0.58%
AMG	B	-0.58%
LDOS	C	-0.55%
VST	B	-0.55%
RGA	A	-0.55%
SLVM	B	-0.5%
GOOG	C	-0.49%
UI	A	-0.49%
EXP	A	-0.48%
CACI	D	-0.48%
PGR	A	-0.46%
DUOL	A	-0.45%
BKNG	A	-0.44%
CTRE	D	-0.42%
SCCO	F	-0.41%
RMD	C	-0.4%
JXN	C	-0.39%
SR	A	-0.38%
CNA	B	-0.37%
GRMN	B	-0.37%
OUT	A	-0.36%
CCL	B	-0.35%
RGLD	C	-0.32%
CNC	D	-0.31%
PTON	B	-0.31%
J	F	-0.31%
MPWR	F	-0.3%
VLO	C	-0.29%
NVR	D	-0.24%
VRTX	F	-0.23%
MATX	C	-0.22%
TOL	B	-0.22%
EEFT	B	-0.22%
FLR	B	-0.21%
JLL	D	-0.2%
MUSA	A	-0.2%
BAH	F	-0.18%
NTRA	B	-0.17%
BOX	B	-0.17%
JAZZ	B	-0.16%
FOXA	B	-0.14%
FN	D	-0.13%
VCYT	B	-0.12%
CDE	D	-0.11%
ILMN	D	-0.1%
AEIS	B	-0.07%
INCY	C	-0.07%
HQY	B	-0.07%
QQQ	B	-0.0%
LNTH	D	-0.0%
LRCX	F	-0.0%
PENN	C	--0.05%
KNX	B	--0.06%
HGV	B	--0.06%
HUN	F	--0.07%
EXAS	D	--0.07%
COOP	B	--0.07%
CCS	D	--0.07%
JOE	F	--0.08%
FLYW	C	--0.08%
GNTX	C	--0.09%
JBLU	F	--0.09%
MCW	B	--0.1%
ABG	B	--0.1%
ATO	A	--0.1%
ACVA	B	--0.11%
ENPH	F	--0.11%
CGON	F	--0.11%
RBA	A	--0.12%
FL	F	--0.12%
DLR	B	--0.13%
AVAV	D	--0.13%
ALIT	C	--0.13%
VMC	B	--0.13%
MLM	B	--0.13%
PYCR	C	--0.14%
DAY	B	--0.14%
REXR	F	--0.14%
ARWR	F	--0.14%
MKL	A	--0.14%
AA	B	--0.14%
EQIX	A	--0.14%
CZR	F	--0.15%
GTLS	B	--0.15%
CRL	C	--0.15%
RNR	C	--0.15%
DRVN	B	--0.15%
NARI	C	--0.16%
FIVN	C	--0.16%
BHF	B	--0.16%
XPO	B	--0.16%
OSK	B	--0.16%
LGIH	D	--0.16%
DAR	C	--0.16%
ALB	C	--0.16%
UHAL	D	--0.16%
EW	C	--0.16%
SITE	D	--0.16%
TEX	D	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
MASI	A	--0.17%
AJG	B	--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%
AL	B	--0.18%
BRKR	D	--0.18%
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	A	--0.21%
WTM	A	--0.21%
PRCT	B	--0.22%
BANC	A	--0.22%
MTN	C	--0.22%
SAIA	B	--0.22%
SUM	B	--0.22%
EQT	B	--0.23%
XYL	D	--0.23%
ELF	C	--0.24%
IONS	F	--0.24%
GPOR	B	--0.24%
CELH	F	--0.24%
DELL	C	--0.25%
LW	C	--0.25%
BILL	A	--0.26%
NEOG	F	--0.26%
AUR	C	--0.26%
VAL	D	--0.27%
FOUR	B	--0.27%
STNE	F	--0.27%
TEAM	A	--0.27%
MSCI	C	--0.27%
MNST	C	--0.28%
SOFI	A	--0.28%
ESTC	C	--0.29%
MDB	C	--0.29%
XP	F	--0.29%
MKTX	D	--0.29%
CYTK	F	--0.3%
LYV	A	--0.3%
NDAQ	A	--0.3%
APLS	D	--0.3%
APTV	D	--0.32%
GTLB	B	--0.32%
VVV	F	--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	B	--0.35%
CACC	D	--0.36%
COHR	B	--0.36%
BBIO	F	--0.36%
ZI	D	--0.36%
ON	D	--0.39%
SATS	D	--0.4%
BA	F	--0.4%
RBLX	C	--0.41%
DLTR	F	--0.41%
PINS	D	--0.41%
U	C	--0.41%
RIVN	F	--0.42%
TTWO	A	--0.43%
WBD	C	--0.43%
SNPS	B	--0.44%
ALGM	D	--0.45%
DV	C	--0.45%
CGNX	C	--0.45%
GE	D	--0.46%
CDNS	B	--0.46%
MRNA	F	--0.47%
SMCI	F	--0.47%
RH	B	--0.47%
CFLT	B	--0.47%
CHTR	C	--0.48%
FND	C	--0.53%
BRZE	C	--0.56%
FIVE	F	--0.56%
NWS	B	--0.57%
WST	C	--0.59%
LITE	B	--0.6%
POOL	C	--0.61%
DXCM	D	--0.63%
WDC	D	--0.65%
LSCC	D	--0.7%
ROP	B	--0.7%
INTC	D	--0.93%
FSLR	F	--1.26%