IDAT vs. CLSE ETF Comparison
Comparison of Cloud Data Tech and Consumer ETF (IDAT) to Convergence Long/Short Equity ETF (CLSE)
IDAT
Cloud Data Tech and Consumer ETF
IDAT Description
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$29.19
Average Daily Volume
1,352
Number of Holdings
*
35
* 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
$20.86
Average Daily Volume
41,655
Number of Holdings
*
348
* may have additional holdings in another (foreign) market
Performance
| Period | IDAT | CLSE |
|---|---|---|
| 30 Days | 0.17% | 1.86% |
| 60 Days | -1.20% | 4.98% |
| 90 Days | 1.08% | 12.03% |
| 12 Months | 38.93% | 40.96% |
11 Overlapping Holdings
| Symbol | Grade | Weight in IDAT | Weight in CLSE | Overlap | |
|---|---|---|---|---|---|
| ANET | C | 2.9% | 1.72% | 1.72% | |
| CFLT | C | 1.36% | -0.37% | -0.37% | |
| INTC | F | 1.68% | -0.73% | -0.73% | |
| LITE | F | 0.98% | -0.54% | -0.54% | |
| MU | B | 3.69% | 2.13% | 2.13% | |
| NTNX | A | 3.3% | 1.67% | 1.67% | |
| NVDA | B | 4.52% | 3.67% | 3.67% | |
| PSTG | C | 3.78% | 0.31% | 0.31% | |
| QCOM | B | 3.14% | 2.44% | 2.44% | |
| SITM | C | 0.63% | -0.71% | -0.71% | |
| WDC | B | 3.45% | 0.31% | 0.31% |
IDAT Overweight 24 Positions Relative to CLSE
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVGO | C | 3.28% | |
| MRVL | D | 3.08% | |
| NXPI | A | 2.85% | |
| JNPR | D | 2.71% | |
| STX | C | 2.6% | |
| DD | A | 2.54% | |
| CIEN | D | 2.41% | |
| QRVO | F | 2.25% | |
| DDOG | D | 2.22% | |
| NET | F | 2.19% | |
| TWLO | D | 2.1% | |
| SWKS | F | 2.09% | |
| AKAM | D | 2.01% | |
| AMT | D | 1.95% | |
| DT | F | 1.95% | |
| MTSI | B | 1.93% | |
| CCI | D | 1.86% | |
| SBAC | D | 1.76% | |
| ESTC | B | 1.62% | |
| BDC | C | 1.23% | |
| KD | A | 1.2% | |
| DIOD | B | 0.9% | |
| TDC | F | 0.85% | |
| GDS | D | 0.28% |
IDAT Underweight 337 Positions Relative to CLSE
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | C | -3.35% | |
| AMZN | A | -3.29% | |
| GOOGL | B | -2.6% | |
| GOOG | B | -2.4% | |
| META | D | -2.21% | |
| AMAT | C | -2.16% | |
| APP | B | -2.1% | |
| NTAP | B | -1.8% | |
| SNX | A | -1.71% | |
| CRWD | C | -1.36% | |
| WMT | C | -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 | D | -0.96% | |
| AAPL | B | -0.95% | |
| STNE | C | -0.95% | |
| PAGS | D | -0.95% | |
| SPOT | B | -0.95% | |
| AMG | D | -0.91% | |
| T | B | -0.91% | |
| SYF | B | -0.91% | |
| COIN | D | -0.89% | |
| PFE | D | -0.89% | |
| JPM | B | -0.88% | |
| SEIC | C | -0.88% | |
| AMGN | B | -0.87% | |
| OGN | B | -0.86% | |
| VTRS | C | -0.86% | |
| TW | A | -0.86% | |
| MTG | B | -0.86% | |
| ABBV | D | -0.85% | |
| JNJ | F | -0.85% | |
| LLY | C | -0.84% | |
| HALO | C | -0.83% | |
| MPC | D | -0.83% | |
| UBER | D | -0.82% | |
| MRK | B | -0.81% | |
| PBF | D | -0.8% | |
| IIPR | B | -0.78% | |
| BRBR | C | -0.78% | |
| IESC | A | -0.77% | |
| BAC | B | -0.76% | |
| PSX | D | -0.74% | |
| XOM | B | -0.74% | |
| PPC | A | -0.74% | |
| MO | A | -0.74% | |
| FITB | A | -0.73% | |
| EME | A | -0.73% | |
| PG | A | -0.73% | |
| VLO | D | -0.73% | |
| SMCI | D | -0.72% | |
| WFC | A | -0.71% | |
| TSN | B | -0.71% | |
| BG | B | -0.71% | |
| VRT | A | -0.7% | |
| MCK | B | -0.69% | |
| GFF | C | -0.68% | |
| EBAY | D | -0.68% | |
| F | D | -0.67% | |
| MLI | B | -0.64% | |
| STRL | B | -0.63% | |
| GDDY | A | -0.62% | |
| CNC | C | -0.62% | |
| UMBF | C | -0.62% | |
| ITRI | A | -0.62% | |
| PEGA | D | -0.62% | |
| THC | A | -0.61% | |
| KNF | C | -0.61% | |
| FTDR | B | -0.6% | |
| VST | B | -0.6% | |
| CI | D | -0.6% | |
| OC | B | -0.59% | |
| GM | B | -0.59% | |
| LOPE | B | -0.58% | |
| AGO | D | -0.58% | |
| SKYW | B | -0.58% | |
| NU | C | -0.56% | |
| DVA | B | -0.56% | |
| BLDR | D | -0.55% | |
| PGR | A | -0.54% | |
| GMS | C | -0.54% | |
| BCC | D | -0.54% | |
| AYI | C | -0.54% | |
| HQY | D | -0.52% | |
| CAT | D | -0.52% | |
| PLTR | D | -0.51% | |
| NEE | B | -0.51% | |
| AMR | D | -0.51% | |
| DPZ | B | -0.5% | |
| CNM | A | -0.5% | |
| CAH | F | -0.49% | |
| REZI | D | -0.48% | |
| HIG | C | -0.47% | |
| CNA | B | -0.47% | |
| UHS | D | -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 | C | -0.41% | |
| SLVM | A | -0.41% | |
| BKNG | B | -0.41% | |
| APA | F | -0.39% | |
| NSA | D | -0.38% | |
| SPG | C | -0.38% | |
| STLD | D | -0.38% | |
| BCO | B | -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 | B | -0.32% | |
| RS | D | -0.32% | |
| BLD | D | -0.32% | |
| FIX | A | -0.32% | |
| BAH | B | -0.31% | |
| CVNA | B | -0.31% | |
| FDX | D | -0.3% | |
| RPRX | F | -0.29% | |
| OMI | F | -0.29% | |
| AMRX | B | -0.28% | |
| SPGI | C | -0.28% | |
| AMP | C | -0.26% | |
| UNP | C | -0.24% | |
| NEU | D | -0.24% | |
| ANF | B | -0.23% | |
| MGM | F | -0.21% | |
| NTRA | B | -0.2% | |
| DECK | D | -0.18% | |
| LNTH | B | -0.18% | |
| AEO | B | -0.17% | |
| SKT | D | -0.14% | |
| FG | B | -0.14% | |
| FCX | B | -0.14% | |
| MOD | A | -0.13% | |
| PHM | B | -0.11% | |
| DOCS | F | -0.11% | |
| VCTR | A | -0.09% | |
| SUM | D | -0.0% | |
| DNUT | F | --0.05% | |
| AWR | C | --0.06% | |
| TROX | B | --0.07% | |
| DRVN | F | --0.07% | |
| HTZ | F | --0.07% | |
| MODG | B | --0.08% | |
| PYCR | F | --0.08% | |
| IAS | F | --0.08% | |
| PTCT | C | --0.08% | |
| JOBY | D | --0.08% | |
| JBHT | F | --0.08% | |
| PNM | C | --0.08% | |
| FCNCA | B | --0.08% | |
| ENPH | F | --0.08% | |
| HAS | B | --0.09% | |
| PLNT | D | --0.09% | |
| SUI | D | --0.09% | |
| CWST | C | --0.09% | |
| DOC | A | --0.09% | |
| ATI | B | --0.09% | |
| MCW | C | --0.09% | |
| RYAN | D | --0.09% | |
| LGIH | F | --0.09% | |
| ACVA | D | --0.1% | |
| VTR | B | --0.1% | |
| CROX | C | --0.1% | |
| COLD | F | --0.1% | |
| PCH | D | --0.1% | |
| AEE | C | --0.11% | |
| EXR | D | --0.11% | |
| CHK | B | --0.11% | |
| AES | B | --0.11% | |
| CHDN | B | --0.11% | |
| RRC | B | --0.11% | |
| DAY | F | --0.11% | |
| WTW | D | --0.11% | |
| VAC | D | --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% | |
| TFC | B | --0.13% | |
| AJG | C | --0.14% | |
| VFC | F | --0.14% | |
| IPAR | F | --0.14% | |
| AXON | B | --0.15% | |
| ZWS | C | --0.15% | |
| KMPR | B | --0.15% | |
| CRS | B | --0.15% | |
| AVAV | A | --0.15% | |
| LFST | B | --0.15% | |
| O | B | --0.15% | |
| SPR | D | --0.15% | |
| CZR | F | --0.15% | |
| RBA | D | --0.15% | |
| CNXC | D | --0.16% | |
| WTM | A | --0.16% | |
| AXSM | B | --0.16% | |
| CHH | F | --0.16% | |
| KVUE | C | --0.16% | |
| SJM | F | --0.16% | |
| XYL | A | --0.16% | |
| MTN | F | --0.17% | |
| WAFD | B | --0.17% | |
| FOXF | F | --0.17% | |
| COF | B | --0.17% | |
| FLNC | C | --0.17% | |
| ARWR | F | --0.17% | |
| HAYW | C | --0.17% | |
| GPOR | C | --0.17% | |
| FL | F | --0.17% | |
| UCBI | B | --0.17% | |
| FOUR | F | --0.18% | |
| RUN | D | --0.18% | |
| UHAL | B | --0.18% | |
| GME | B | --0.18% | |
| IOVA | D | --0.18% | |
| ALLY | B | --0.18% | |
| NARI | F | --0.18% | |
| GPI | B | --0.18% | |
| PR | B | --0.19% | |
| GATX | C | --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 | B | --0.2% | |
| HASI | A | --0.2% | |
| BANC | C | --0.2% | |
| PPBI | C | --0.2% | |
| SBCF | C | --0.2% | |
| MP | D | --0.21% | |
| LNC | C | --0.21% | |
| SHC | F | --0.22% | |
| ROG | C | --0.22% | |
| TSLA | D | --0.22% | |
| EQT | B | --0.22% | |
| PRCT | B | --0.22% | |
| NTLA | F | --0.22% | |
| UEC | B | --0.23% | |
| ATO | A | --0.23% | |
| RIVN | F | --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% | |
| DLTR | F | --0.25% | |
| CG | D | --0.25% | |
| GO | F | --0.25% | |
| EVH | F | --0.25% | |
| ORCL | D | --0.26% | |
| RNR | C | --0.26% | |
| FNB | A | --0.26% | |
| MASI | D | --0.26% | |
| NOG | B | --0.26% | |
| LW | F | --0.26% | |
| KDP | B | --0.26% | |
| CNX | B | --0.27% | |
| TMDX | B | --0.27% | |
| BIO | F | --0.27% | |
| NNI | B | --0.27% | |
| CABO | F | --0.27% | |
| FIS | C | --0.27% | |
| AGNC | C | --0.28% | |
| GTLS | B | --0.28% | |
| NOVT | D | --0.28% | |
| UI | D | --0.29% | |
| GS | A | --0.29% | |
| NEOG | F | --0.29% | |
| AAP | D | --0.29% | |
| TOST | A | --0.29% | |
| AR | B | --0.3% | |
| PFSI | B | --0.3% | |
| CAR | D | --0.3% | |
| TTWO | D | --0.3% | |
| MS | A | --0.31% | |
| FIVE | F | --0.32% | |
| ALB | C | --0.32% | |
| LAD | D | --0.33% | |
| NXST | C | --0.34% | |
| RVMD | B | --0.35% | |
| BX | D | --0.35% | |
| IBKR | B | --0.35% | |
| FYBR | B | --0.36% | |
| DV | F | --0.36% | |
| CARR | A | --0.36% | |
| GE | A | --0.37% | |
| KMX | D | --0.37% | |
| D | B | --0.37% | |
| TGNA | D | --0.38% | |
| IAC | B | --0.39% | |
| ZI | F | --0.4% | |
| CRL | D | --0.41% | |
| FIVN | F | --0.41% | |
| MSGS | B | --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 | F | --0.45% | |
| ASAN | F | --0.45% | |
| MSTR | D | --0.45% | |
| RH | D | --0.46% | |
| BA | F | --0.47% | |
| TXN | A | --0.47% | |
| FND | D | --0.47% | |
| GFS | D | --0.48% | |
| U | F | --0.5% | |
| TECH | B | --0.5% | |
| MARA | C | --0.51% | |
| ALGM | D | --0.54% | |
| COHR | D | --0.55% | |
| WOLF | F | --0.58% | |
| ZBRA | A | --0.58% | |
| KLIC | D | --0.59% | |
| QQQ | C | --0.61% |
IDAT: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Data Storage
Communication Equipment
Software - Infrastructure
Telecom Services
Chemicals
Computer Systems
Electronic Components
Information Technology Services
REIT - Diversified
Semiconductor Memory
Keywords:
Computing
S&P 500
Cloud Computing
Cloud Infrastructure
Nasdaq 100
Telecommunications
Fabless Semiconductor Companies
Integrated Circuits
Semiconductor
Electromagnetism
Ethernet
Information And Communications Technology
Power Management
Wireless Communication
Aerospace
Computer Data Storage
Transceiver
Work From Home
Cloud Storage
Computer Network
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Banks - Regional - US
Building Materials
Biotechnology
Software - Infrastructure
Oil & Gas E&P
Semiconductors
Specialty Retail
Asset Management
Business Services
Capital Markets
Diagnostics & Research
Drug Manufacturers - Major
Internet Content & Information
Engineering & Construction
Oil & Gas Refining & Marketing
REIT - Industrial
Scientific & Technical Instruments
Utilities - Diversified
Aerospace & Defense
Compare ETFs
