IVOO vs. CLSE ETF Comparison

Comparison of Vanguard S&P Mid-Cap 400 ETF (IVOO) to Convergence Long/Short Equity ETF (CLSE)

IVOO

Vanguard S&P Mid-Cap 400 ETF

IVOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Index. The index measures the performance of mid-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$102.25

Average Daily Volume

47,344

Number of Holdings ^*

390

* 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

$20.78

Average Daily Volume

44,449

Number of Holdings ^*

348

* may have additional holdings in another (foreign) market

Performance

Period	IVOO	CLSE
30 Days	6.79%	3.08%
60 Days	3.61%	4.58%
90 Days	7.11%	9.48%
12 Months	23.76%	39.21%

92 Overlapping Holdings

Symbol	Grade	Weight in IVOO	Weight in CLSE	Overlap
ADC	C	0.21%	-0.12%	-0.12%
ALGM	D	0.07%	-0.54%	-0.54%
ALLY	B	0.4%	-0.18%	-0.18%
AMG	D	0.21%	0.91%	0.21%
APPF	C	0.18%	1.04%	0.18%
AR	A	0.3%	-0.3%	-0.3%
ARWR	F	0.13%	-0.17%	-0.17%
ASB	C	0.12%	-0.24%	-0.24%
AYI	C	0.3%	0.54%	0.3%
BCO	B	0.15%	0.38%	0.15%
BLD	D	0.51%	0.32%	0.32%
BRBR	D	0.28%	0.78%	0.28%
CABO	F	0.07%	-0.27%	-0.27%
CAR	D	0.08%	-0.3%	-0.3%
CG	D	0.37%	-0.25%	-0.25%
CGNX	C	0.27%	-0.43%	-0.43%
CHDN	C	0.31%	-0.11%	-0.11%
CHH	F	0.11%	-0.16%	-0.16%
CHK	B	0.36%	-0.11%	-0.11%
CNM	B	0.36%	0.5%	0.36%
CNX	B	0.13%	-0.27%	-0.27%
CNXC	D	0.11%	-0.16%	-0.16%
COHR	D	0.29%	-0.55%	-0.55%
CROX	C	0.32%	-0.1%	-0.1%
DAR	D	0.27%	-0.43%	-0.43%
DOCS	D	0.12%	0.11%	0.11%
EME	B	0.6%	0.73%	0.6%
EXP	D	0.34%	0.46%	0.34%
FIVE	F	0.37%	-0.32%	-0.32%
FIX	C	0.41%	0.32%	0.32%
FNB	B	0.18%	-0.26%	-0.26%
FND	C	0.51%	-0.47%	-0.47%
FOXF	D	0.08%	-0.17%	-0.17%
FYBR	B	0.2%	-0.36%	-0.36%
GATX	A	0.17%	-0.19%	-0.19%
GDDY	B	0.61%	0.62%	0.61%
GLPI	C	0.45%	0.37%	0.37%
GME	D	0.12%	-0.18%	-0.18%
GO	F	0.1%	-0.25%	-0.25%
GTLS	C	0.25%	-0.28%	-0.28%
HALO	B	0.2%	0.83%	0.2%
HQY	D	0.26%	0.52%	0.26%
HRB	B	0.25%	0.44%	0.25%
HTZ	F	0.04%	-0.07%	-0.07%
IBKR	A	0.44%	-0.35%	-0.35%
IRT	C	0.13%	-0.19%	-0.19%
KMPR	C	0.14%	-0.15%	-0.15%
KNF	D	0.17%	0.61%	0.17%
KNX	F	0.32%	-0.12%	-0.12%
LAD	F	0.3%	-0.33%	-0.33%
LITE	D	0.12%	-0.54%	-0.54%
LNTH	C	0.16%	0.18%	0.16%
LOPE	C	0.15%	0.58%	0.15%
LPX	B	0.2%	-0.12%	-0.12%
MASI	D	0.24%	-0.26%	-0.26%
MDU	B	0.19%	-0.12%	-0.12%
MP	C	0.08%	-0.21%	-0.21%
MTG	C	0.22%	0.86%	0.22%
MTN	F	0.31%	-0.17%	-0.17%
MUSA	B	0.29%	0.96%	0.29%
NEOG	F	0.11%	-0.29%	-0.29%
NEU	D	0.16%	0.24%	0.16%
NOVT	D	0.23%	-0.28%	-0.28%
NSA	C	0.11%	0.38%	0.11%
NXST	C	0.2%	-0.34%	-0.34%
OC	C	0.54%	0.59%	0.54%
PBF	D	0.23%	0.8%	0.23%
PCH	F	0.14%	-0.1%	-0.1%
PLNT	C	0.2%	-0.09%	-0.09%
PNM	D	0.12%	-0.08%	-0.08%
PPC	C	0.05%	0.74%	0.05%
PR	D	0.3%	-0.19%	-0.19%
PSTG	B	0.57%	0.31%	0.31%
RGA	A	0.47%	0.43%	0.43%
RH	D	0.19%	-0.46%	-0.46%
RNR	C	0.45%	-0.26%	-0.26%
RRC	B	0.3%	-0.11%	-0.11%
RS	D	0.7%	0.32%	0.32%
SAIC	C	0.25%	0.41%	0.25%
SEIC	D	0.26%	0.88%	0.26%
SHC	F	0.05%	-0.22%	-0.22%
SNX	A	0.26%	1.71%	0.26%
SR	C	0.12%	0.33%	0.12%
STAG	C	0.26%	0.34%	0.26%
TGNA	C	0.11%	-0.38%	-0.38%
THC	B	0.39%	0.61%	0.39%
UMBF	B	0.14%	0.62%	0.14%
UTHR	A	0.39%	-0.42%	-0.42%
VAC	D	0.13%	-0.11%	-0.11%
VST	B	0.86%	0.6%	0.6%
WOLF	F	0.1%	-0.58%	-0.58%
ZI	F	0.17%	-0.4%	-0.4%

IVOO Overweight 298 Positions Relative to CLSE

Symbol	Grade	Weight
WSM	C	0.75%
CSL	B	0.7%
GGG	D	0.58%
SAIA	F	0.57%
LII	B	0.57%
RPM	C	0.56%
MANH	D	0.56%
BURL	D	0.54%
LECO	D	0.53%
XPO	D	0.52%
NBIX	B	0.5%
FNF	B	0.5%
ACM	D	0.49%
TOL	B	0.49%
WSO	B	0.49%
DKS	D	0.48%
OVV	D	0.48%
NVT	C	0.46%
USFD	B	0.45%
CELH	C	0.45%
WPC	C	0.45%
EQH	A	0.44%
RRX	D	0.44%
ELS	D	0.44%
SWAV	B	0.44%
AMH	B	0.43%
WMS	C	0.43%
CASY	B	0.43%
KNSL	F	0.42%
PFGC	C	0.42%
DT	D	0.41%
EWBC	B	0.41%
ITT	A	0.41%
CLF	F	0.41%
LSCC	F	0.4%
TREX	D	0.4%
ELF	D	0.4%
SCI	D	0.4%
REXR	F	0.39%
WING	C	0.39%
TXRH	B	0.38%
LAMR	B	0.38%
ERIE	C	0.37%
BJ	B	0.37%
CLH	B	0.37%
WEX	F	0.37%
CUBE	C	0.37%
UNM	B	0.36%
TPX	C	0.36%
CW	B	0.36%
TTEK	A	0.36%
CCK	C	0.35%
ATR	C	0.35%
RGEN	D	0.35%
TTC	D	0.35%
CHE	F	0.35%
LNW	D	0.34%
JLL	B	0.34%
WWD	A	0.34%
WTRG	C	0.34%
BWXT	D	0.34%
DINO	D	0.34%
MEDP	D	0.34%
ONTO	C	0.33%
AFG	B	0.33%
GPK	C	0.33%
DCI	C	0.33%
X	F	0.33%
PEN	F	0.32%
MIDD	F	0.32%
BRKR	D	0.32%
WBS	D	0.32%
SSD	F	0.32%
ALV	B	0.32%
PRI	D	0.32%
WFRD	C	0.31%
SWN	B	0.31%
MKSI	C	0.31%
PVH	D	0.31%
GNTX	D	0.31%
CACI	B	0.31%
ARMK	B	0.31%
EGP	F	0.31%
KBR	C	0.31%
FHN	B	0.31%
OSK	D	0.3%
SKX	B	0.3%
LEA	F	0.3%
EHC	C	0.3%
NNN	B	0.29%
RBC	A	0.29%
SF	B	0.29%
RGLD	A	0.29%
ORI	A	0.29%
MORN	D	0.29%
WCC	C	0.28%
AXTA	C	0.28%
JAZZ	F	0.28%
UFPI	C	0.28%
VOYA	B	0.28%
INGR	B	0.28%
AIT	B	0.28%
AGCO	F	0.28%
NOV	D	0.28%
OHI	C	0.28%
ACHC	F	0.27%
FCN	B	0.27%
OLED	C	0.27%
CHRD	C	0.27%
MTDR	D	0.27%
PCTY	C	0.27%
JEF	A	0.27%
MAT	F	0.26%
VNT	D	0.26%
BERY	D	0.26%
BRX	C	0.26%
H	D	0.26%
OLN	C	0.26%
NYT	B	0.26%
MSA	B	0.26%
CIEN	C	0.26%
EXEL	F	0.26%
FLR	D	0.26%
CFR	D	0.26%
CMC	B	0.25%
CHX	D	0.25%
OGE	A	0.25%
CYTK	F	0.25%
LSTR	C	0.25%
FR	F	0.25%
ARW	C	0.25%
ZION	B	0.24%
SSB	C	0.24%
CIVI	C	0.24%
PNFP	C	0.24%
SFM	A	0.24%
WHR	F	0.24%
SIGI	F	0.24%
MUR	D	0.24%
BC	F	0.24%
RMBS	F	0.24%
EVR	A	0.24%
TMHC	B	0.24%
HLI	C	0.24%
PB	C	0.23%
GMED	B	0.23%
DBX	D	0.23%
THO	F	0.23%
ESAB	C	0.23%
FAF	D	0.23%
CBSH	B	0.23%
ESNT	C	0.23%
WH	F	0.23%
WTFC	B	0.23%
GXO	D	0.23%
DTM	A	0.22%
GPS	D	0.22%
OPCH	F	0.22%
RLI	A	0.22%
FLS	B	0.22%
AA	B	0.22%
LFUS	C	0.22%
STWD	B	0.22%
QLYS	F	0.22%
HXL	C	0.22%
KEX	A	0.21%
MTZ	C	0.21%
SON	B	0.21%
TKR	C	0.21%
VVV	D	0.21%
WTS	B	0.21%
SNV	B	0.21%
POST	B	0.2%
ETRN	B	0.2%
G	D	0.2%
M	D	0.2%
HOG	D	0.2%
ST	C	0.2%
ONB	B	0.19%
CBT	B	0.19%
MMS	B	0.19%
UGI	C	0.19%
KBH	B	0.19%
MTSI	C	0.19%
EXLS	C	0.19%
CPRI	F	0.19%
CADE	C	0.19%
PII	F	0.19%
R	B	0.19%
AM	A	0.18%
SLM	D	0.18%
EEFT	C	0.18%
UBSI	C	0.18%
THG	A	0.18%
ASH	A	0.18%
SRCL	F	0.18%
WLK	B	0.18%
WU	D	0.18%
OLLI	D	0.18%
ASGN	C	0.18%
NFG	B	0.18%
DLB	C	0.18%
CRUS	B	0.18%
KD	B	0.18%
RYN	F	0.17%
FLO	C	0.17%
SWX	A	0.17%
SLAB	D	0.17%
VNO	F	0.17%
HOMB	B	0.17%
BYD	F	0.17%
AIRC	A	0.17%
IDA	C	0.17%
VAL	B	0.17%
KRG	C	0.17%
VMI	C	0.17%
OZK	C	0.17%
POR	C	0.16%
AN	C	0.16%
TEX	C	0.16%
HAE	B	0.16%
JHG	B	0.16%
PRGO	F	0.16%
CVLT	B	0.16%
MSM	F	0.16%
GBCI	C	0.16%
AVT	B	0.16%
COTY	F	0.16%
HWC	C	0.15%
COLB	C	0.15%
POWI	C	0.15%
EXPO	C	0.15%
FFIN	B	0.15%
NJR	C	0.15%
LANC	D	0.15%
BKH	C	0.14%
TDC	F	0.14%
MAN	C	0.14%
ENS	C	0.14%
SYNA	D	0.14%
BDC	C	0.14%
NSP	F	0.14%
KRC	C	0.14%
GT	D	0.14%
CC	C	0.14%
SLGN	C	0.14%
AVNT	B	0.14%
COKE	C	0.14%
ALE	B	0.13%
ORA	C	0.13%
TNL	D	0.13%
OGS	C	0.13%
CUZ	C	0.13%
NVST	F	0.13%
PK	D	0.13%
WEN	F	0.12%
PAG	C	0.12%
PGNY	F	0.12%
EPR	C	0.12%
IRDM	D	0.12%
VC	D	0.12%
BHF	F	0.12%
AMKR	C	0.12%
YETI	D	0.12%
AZTA	F	0.12%
HGV	D	0.12%
VLY	D	0.12%
SBRA	B	0.12%
SAM	F	0.11%
ZD	F	0.11%
TCBI	C	0.11%
FHI	D	0.11%
CACC	F	0.11%
IBOC	B	0.11%
ADNT	F	0.11%
CNO	A	0.11%
AMED	C	0.11%
LIVN	C	0.11%
ENOV	F	0.11%
BLKB	C	0.11%
CRI	F	0.11%
SMG	D	0.11%
NWE	C	0.11%
IPGP	D	0.1%
PENN	F	0.1%
GHC	B	0.1%
HELE	D	0.1%
COLM	B	0.1%
VSH	C	0.1%
NYCB	D	0.09%
IART	F	0.09%
WERN	D	0.09%
RCM	F	0.09%
LEG	F	0.09%
JWN	C	0.07%
GEF	F	0.06%
UA	F	0.05%
UAA	F	0.05%

IVOO Underweight 256 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	C	-3.67%
MSFT	B	-3.35%
AMZN	C	-3.29%
GOOGL	A	-2.6%
QCOM	B	-2.44%
GOOG	A	-2.4%
META	D	-2.21%
AMAT	B	-2.16%
MU	B	-2.13%
APP	C	-2.1%
NTAP	B	-1.8%
ANET	B	-1.72%
NTNX	B	-1.67%
CRWD	C	-1.36%
WMT	A	-1.35%
IBM	D	-1.29%
PYPL	D	-1.23%
DOCU	C	-1.1%
HD	D	-1.08%
NFLX	B	-1.07%
AAPL	C	-0.95%
STNE	F	-0.95%
PAGS	D	-0.95%
SPOT	C	-0.95%
T	B	-0.91%
SYF	C	-0.91%
COIN	D	-0.89%
PFE	D	-0.89%
JPM	A	-0.88%
AMGN	B	-0.87%
OGN	B	-0.86%
VTRS	D	-0.86%
TW	B	-0.86%
ABBV	D	-0.85%
JNJ	D	-0.85%
LLY	B	-0.84%
MPC	D	-0.83%
UBER	D	-0.82%
MRK	B	-0.81%
IIPR	B	-0.78%
IESC	C	-0.77%
BAC	B	-0.76%
PSX	D	-0.74%
XOM	B	-0.74%
MO	A	-0.74%
FITB	B	-0.73%
PG	A	-0.73%
VLO	D	-0.73%
SMCI	D	-0.72%
WFC	C	-0.71%
TSN	B	-0.71%
BG	C	-0.71%
VRT	C	-0.7%
MCK	A	-0.69%
GFF	D	-0.68%
EBAY	C	-0.68%
F	D	-0.67%
MLI	C	-0.64%
STRL	C	-0.63%
CNC	B	-0.62%
ITRI	B	-0.62%
PEGA	C	-0.62%
FTDR	C	-0.6%
CI	D	-0.6%
GM	B	-0.59%
AGO	D	-0.58%
SKYW	C	-0.58%
NU	C	-0.56%
DVA	B	-0.56%
BLDR	D	-0.55%
PGR	C	-0.54%
GMS	D	-0.54%
BCC	D	-0.54%
CAT	C	-0.52%
PLTR	D	-0.51%
NEE	B	-0.51%
AMR	F	-0.51%
DPZ	C	-0.5%
CAH	F	-0.49%
REZI	C	-0.48%
HIG	A	-0.47%
CNA	B	-0.47%
UHS	B	-0.47%
EVRG	C	-0.46%
EXC	C	-0.45%
LDOS	A	-0.44%
SLVM	B	-0.41%
BKNG	C	-0.41%
APA	F	-0.39%
SPG	C	-0.38%
STLD	D	-0.38%
J	F	-0.36%
GRMN	A	-0.36%
IBP	D	-0.33%
PEG	B	-0.33%
CVI	F	-0.33%
KR	D	-0.32%
BAH	B	-0.31%
CVNA	C	-0.31%
WDC	C	-0.31%
FDX	D	-0.3%
RPRX	F	-0.29%
OMI	F	-0.29%
AMRX	B	-0.28%
SPGI	B	-0.28%
AMP	B	-0.26%
UNP	C	-0.24%
ANF	A	-0.23%
MGM	F	-0.21%
NTRA	B	-0.2%
DECK	C	-0.18%
AEO	D	-0.17%
SKT	D	-0.14%
FG	C	-0.14%
FCX	A	-0.14%
MOD	C	-0.13%
PHM	B	-0.11%
VCTR	B	-0.09%
SUM	D	-0.0%
DNUT	F	--0.05%
AWR	C	--0.06%
TROX	B	--0.07%
DRVN	F	--0.07%
MODG	D	--0.08%
PYCR	F	--0.08%
IAS	D	--0.08%
PTCT	C	--0.08%
JOBY	F	--0.08%
JBHT	F	--0.08%
FCNCA	B	--0.08%
ENPH	D	--0.08%
HAS	C	--0.09%
SUI	F	--0.09%
CWST	B	--0.09%
DOC	B	--0.09%
ATI	C	--0.09%
MCW	D	--0.09%
RYAN	B	--0.09%
LGIH	D	--0.09%
ACVA	C	--0.1%
VTR	B	--0.1%
COLD	D	--0.1%
AEE	C	--0.11%
EXR	C	--0.11%
AES	B	--0.11%
DAY	D	--0.11%
WTW	D	--0.11%
TXG	F	--0.12%
BOOT	B	--0.12%
GOGL	A	--0.12%
TFC	B	--0.13%
AJG	A	--0.14%
VFC	F	--0.14%
IPAR	F	--0.14%
AXON	D	--0.15%
ZWS	C	--0.15%
CRS	B	--0.15%
AVAV	B	--0.15%
LFST	C	--0.15%
O	C	--0.15%
SPR	D	--0.15%
CZR	F	--0.15%
RBA	C	--0.15%
WTM	D	--0.16%
AXSM	C	--0.16%
KVUE	C	--0.16%
SJM	F	--0.16%
XYL	A	--0.16%
WAFD	C	--0.17%
COF	C	--0.17%
FLNC	D	--0.17%
HAYW	C	--0.17%
GPOR	C	--0.17%
FL	F	--0.17%
UCBI	C	--0.17%
FOUR	D	--0.18%
RUN	D	--0.18%
UHAL	C	--0.18%
IOVA	F	--0.18%
NARI	D	--0.18%
GPI	B	--0.18%
SRE	A	--0.19%
DG	D	--0.19%
BE	C	--0.19%
WAL	C	--0.19%
APD	C	--0.2%
FMC	C	--0.2%
HASI	B	--0.2%
BANC	C	--0.2%
PPBI	C	--0.2%
SBCF	C	--0.2%
LNC	C	--0.21%
ROG	D	--0.22%
TSLA	D	--0.22%
EQT	C	--0.22%
PRCT	C	--0.22%
NTLA	D	--0.22%
UEC	C	--0.23%
ATO	B	--0.23%
RIVN	D	--0.23%
NDAQ	B	--0.23%
IRTC	F	--0.23%
EL	F	--0.24%
SPT	F	--0.24%
FSLR	C	--0.24%
DLTR	F	--0.25%
EVH	F	--0.25%
ORCL	C	--0.26%
NOG	D	--0.26%
LW	F	--0.26%
KDP	C	--0.26%
TMDX	B	--0.27%
BIO	F	--0.27%
NNI	A	--0.27%
FIS	A	--0.27%
AGNC	A	--0.28%
UI	C	--0.29%
GS	A	--0.29%
AAP	D	--0.29%
TOST	B	--0.29%
PFSI	B	--0.3%
TTWO	D	--0.3%
MS	B	--0.31%
ALB	D	--0.32%
RVMD	B	--0.35%
BX	C	--0.35%
DV	F	--0.36%
CARR	B	--0.36%
GE	C	--0.37%
KMX	F	--0.37%
CFLT	C	--0.37%
D	A	--0.37%
IAC	C	--0.39%
CRL	D	--0.41%
FIVN	F	--0.41%
MSGS	C	--0.41%
RIOT	F	--0.42%
LBRDK	D	--0.42%
SATS	C	--0.42%
VSAT	D	--0.43%
BILL	F	--0.44%
INSP	F	--0.44%
WBD	F	--0.45%
ASAN	D	--0.45%
MSTR	D	--0.45%
BA	D	--0.47%
TXN	B	--0.47%
GFS	D	--0.48%
U	F	--0.5%
TECH	C	--0.5%
MARA	C	--0.51%
ZBRA	C	--0.58%
KLIC	D	--0.59%
QQQ	B	--0.61%
SITM	C	--0.71%
INTC	F	--0.73%