JMOM vs. CLSE ETF Comparison

Comparison of JPMorgan U.S. Momentum Factor ETF (JMOM) to Convergence Long/Short Equity ETF (CLSE)

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$60.97

Average Daily Volume

48,194

Number of Holdings ^*

271

* 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	JMOM	CLSE
30 Days	5.45%	4.69%
60 Days	7.40%	6.81%
90 Days	9.79%	9.38%
12 Months	41.42%	39.93%

77 Overlapping Holdings

Symbol	Grade	Weight in JMOM	Weight in CLSE	Overlap
AAPL	C	1.75%	0.83%	0.83%
ABBV	D	1.05%	0.72%	0.72%
AGO	B	0.07%	-0.16%	-0.16%
AJG	B	0.36%	-0.17%	-0.17%
ALL	A	0.35%	0.45%	0.35%
ALSN	B	0.27%	0.66%	0.27%
AMZN	C	0.64%	2.53%	0.64%
ANET	C	0.54%	1.83%	0.54%
APH	A	0.48%	0.67%	0.48%
APP	B	0.82%	2.25%	0.82%
AVGO	D	2.21%	2.28%	2.21%
AVT	C	0.12%	0.66%	0.12%
BAH	F	0.27%	0.18%	0.18%
BKNG	A	0.72%	0.44%	0.44%
CACI	D	0.24%	0.48%	0.24%
CAH	B	0.28%	0.86%	0.28%
COHR	B	0.3%	-0.36%	-0.36%
COR	B	0.32%	0.86%	0.32%
CVNA	B	0.4%	1.85%	0.4%
DELL	C	0.35%	-0.25%	-0.25%
DLR	B	0.39%	-0.13%	-0.13%
EME	C	0.32%	0.75%	0.32%
EQIX	A	0.0%	-0.14%	-0.14%
ESTC	C	0.02%	-0.29%	-0.29%
EXP	A	0.26%	0.48%	0.26%
FCNCA	A	0.05%	-0.35%	-0.35%
FFIV	B	0.26%	0.6%	0.26%
FTI	A	0.24%	0.74%	0.24%
GDDY	A	0.3%	1.42%	0.3%
GE	D	0.84%	-0.46%	-0.46%
GEN	B	0.26%	0.68%	0.26%
GLW	B	0.32%	0.52%	0.32%
GOOGL	C	1.82%	3.47%	1.82%
HD	A	1.39%	1.13%	1.13%
HPE	B	0.18%	1.92%	0.18%
JLL	D	0.13%	0.2%	0.13%
KR	B	0.26%	0.17%	0.17%
LAMR	D	0.09%	0.31%	0.09%
LDOS	C	0.31%	0.55%	0.31%
LPX	B	0.11%	0.43%	0.11%
LRCX	F	0.44%	0.0%	0.0%
META	D	2.02%	3.3%	2.02%
MPWR	F	0.22%	0.3%	0.22%
MU	D	0.5%	2.13%	0.5%
NFLX	A	0.83%	0.79%	0.79%
NRG	B	0.27%	0.71%	0.27%
NTAP	C	0.26%	1.0%	0.26%
NTNX	A	0.26%	1.16%	0.26%
NVDA	C	2.48%	4.61%	2.48%
ORCL	B	0.94%	1.33%	0.94%
PG	A	0.19%	0.45%	0.19%
PGR	A	0.67%	0.46%	0.46%
PLTR	B	0.74%	1.02%	0.74%
PPC	C	0.1%	0.85%	0.1%
QCOM	F	0.75%	1.73%	0.75%
R	B	0.2%	0.38%	0.2%
RGA	A	0.24%	0.55%	0.24%
ROP	B	0.36%	-0.7%	-0.7%
SCCO	F	0.2%	0.41%	0.2%
SMCI	F	0.08%	-0.47%	-0.47%
SNPS	B	0.11%	-0.44%	-0.44%
SPG	B	0.37%	0.37%	0.37%
SRE	A	0.07%	-0.2%	-0.2%
STLD	B	0.25%	-0.13%	-0.13%
T	A	0.22%	0.29%	0.22%
THC	D	0.23%	0.78%	0.23%
TMUS	B	0.59%	0.7%	0.59%
TOL	B	0.24%	0.22%	0.22%
TXN	C	0.78%	-0.81%	-0.81%
UHS	D	0.19%	0.7%	0.19%
VLO	C	0.25%	0.29%	0.25%
VRT	B	0.44%	0.68%	0.44%
VRTX	F	0.59%	0.23%	0.23%
VST	B	0.49%	0.55%	0.49%
VVV	F	0.09%	-0.33%	-0.33%
WDC	D	0.25%	-0.65%	-0.65%
XPO	B	0.31%	-0.16%	-0.16%

JMOM Overweight 194 Positions Relative to CLSE

Symbol	Grade	Weight
MSFT	F	1.85%
BRK.A	B	1.78%
LLY	F	1.57%
COST	B	1.46%
UNH	C	1.34%
CRM	B	1.26%
NOW	A	0.9%
CAT	B	0.81%
IBM	C	0.8%
ISRG	A	0.8%
INTU	C	0.79%
TMO	F	0.79%
PM	B	0.79%
AMD	F	0.77%
AXP	A	0.72%
ETN	A	0.69%
MSTR	C	0.67%
AMAT	F	0.66%
SYK	C	0.62%
DHR	F	0.62%
TJX	A	0.6%
PANW	C	0.6%
BSX	B	0.6%
COP	C	0.59%
UBER	D	0.57%
KKR	A	0.55%
GS	A	0.54%
CB	C	0.52%
ADI	D	0.51%
TT	A	0.51%
CRWD	B	0.5%
PH	A	0.5%
MRVL	B	0.48%
SPOT	B	0.47%
MCK	B	0.47%
WM	A	0.47%
MSI	B	0.46%
WELL	A	0.45%
WMB	A	0.44%
KLAC	D	0.44%
RCL	A	0.44%
DASH	A	0.44%
COIN	C	0.44%
CTAS	B	0.44%
AXON	A	0.43%
GD	F	0.43%
FICO	B	0.42%
CEG	D	0.42%
TDG	D	0.42%
AMP	A	0.41%
CMG	B	0.41%
HLT	A	0.4%
TTD	B	0.4%
URI	B	0.4%
BK	A	0.39%
GWW	B	0.39%
GEV	B	0.39%
ORLY	B	0.39%
ECL	D	0.38%
PWR	A	0.38%
CL	D	0.38%
HWM	A	0.37%
PCAR	B	0.37%
AFL	B	0.36%
NU	C	0.36%
TRGP	B	0.36%
AZO	C	0.35%
MPC	D	0.35%
PSX	C	0.35%
CBRE	B	0.34%
CPRT	A	0.34%
LOW	D	0.34%
IT	C	0.33%
RSG	A	0.32%
ARES	A	0.31%
DECK	A	0.29%
HUBB	B	0.29%
IRM	D	0.29%
CW	B	0.28%
ACGL	D	0.28%
PTC	A	0.28%
FANG	D	0.28%
ICE	C	0.28%
TYL	B	0.27%
HIG	B	0.27%
BRO	B	0.27%
JEF	A	0.27%
PHM	D	0.26%
ZS	C	0.26%
LII	A	0.26%
DTM	B	0.26%
VTR	C	0.26%
GWRE	A	0.26%
MANH	D	0.25%
IQV	D	0.25%
USFD	A	0.25%
FI	A	0.25%
BWXT	B	0.24%
EVR	B	0.24%
IBKR	A	0.24%
CBOE	B	0.23%
PSN	D	0.23%
HEI	B	0.23%
SSNC	B	0.23%
CHD	B	0.23%
SAIC	F	0.22%
CASY	A	0.22%
FRPT	B	0.22%
NVT	B	0.22%
ED	D	0.21%
CNM	D	0.21%
INGR	B	0.21%
MOH	F	0.21%
TPX	B	0.21%
NI	A	0.21%
SN	D	0.2%
HCA	F	0.2%
HPQ	B	0.2%
LIN	D	0.2%
DKS	C	0.2%
JNPR	F	0.2%
SO	D	0.19%
PSTG	D	0.19%
ONTO	D	0.19%
KD	B	0.19%
AM	A	0.19%
IFF	D	0.19%
WSO	A	0.19%
TPR	B	0.19%
POST	C	0.18%
AN	C	0.18%
GAP	C	0.18%
MEDP	D	0.18%
WING	D	0.18%
TXT	D	0.18%
DKNG	B	0.18%
UNM	A	0.17%
KO	D	0.17%
MRK	F	0.17%
WLK	D	0.16%
H	B	0.16%
DHI	D	0.16%
TSCO	D	0.15%
BLD	D	0.15%
CRUS	D	0.15%
ROL	B	0.15%
CRBG	B	0.15%
AZEK	A	0.15%
MTSI	B	0.14%
ARMK	B	0.14%
LOPE	B	0.14%
TW	A	0.14%
SNX	C	0.13%
BRBR	A	0.13%
EHC	B	0.13%
ORI	A	0.13%
TER	D	0.12%
PAG	B	0.12%
OHI	C	0.12%
RPM	A	0.12%
SPB	C	0.11%
MTG	C	0.1%
ESS	B	0.1%
VRSK	A	0.1%
VKTX	F	0.1%
FE	C	0.1%
WFRD	D	0.1%
HRB	D	0.1%
TPG	A	0.09%
VLTO	D	0.09%
ROIV	C	0.09%
HII	D	0.08%
INFA	D	0.08%
PRI	A	0.08%
COKE	C	0.08%
APPF	B	0.08%
WSM	B	0.07%
RS	B	0.07%
OLED	D	0.07%
PEG	A	0.06%
FYBR	D	0.06%
AWI	A	0.06%
AYI	B	0.06%
PNR	A	0.06%
NSA	D	0.05%
BSY	D	0.05%
INVH	D	0.04%
CXT	B	0.04%
RYAN	B	0.04%
SLM	A	0.03%
BR	A	0.02%
TKR	D	0.01%
STAG	F	0.01%
MORN	B	0.0%

JMOM Underweight 260 Positions Relative to CLSE

Symbol	Grade	Weight
WMT	A	-1.82%
IDCC	A	-1.51%
CVLT	B	-1.4%
DOCU	A	-1.37%
PYPL	B	-1.33%
ACIW	B	-1.3%
TSLA	B	-1.22%
JHG	A	-1.21%
SYF	B	-1.11%
BMY	B	-1.11%
NTRS	A	-1.08%
GILD	C	-1.07%
SNEX	B	-1.06%
LNG	B	-0.97%
SEIC	B	-0.95%
HALO	F	-0.9%
AMRX	C	-0.9%
BFH	B	-0.88%
GM	B	-0.87%
GVA	A	-0.84%
MLI	C	-0.84%
CARG	C	-0.83%
JNJ	D	-0.83%
BAC	A	-0.81%
PRIM	A	-0.8%
MO	A	-0.79%
FITB	A	-0.78%
DVA	B	-0.78%
IESC	B	-0.77%
CPNG	D	-0.77%
WFC	A	-0.75%
CNX	A	-0.74%
UTHR	C	-0.73%
PNC	B	-0.72%
RF	A	-0.72%
STRL	B	-0.71%
ZION	B	-0.71%
CMA	A	-0.71%
CEIX	A	-0.7%
UMBF	B	-0.66%
MTZ	B	-0.66%
MWA	B	-0.65%
BLK	C	-0.65%
JPM	A	-0.64%
CHRW	C	-0.61%
EXPE	B	-0.61%
TSN	B	-0.6%
FTDR	A	-0.58%
AMG	B	-0.58%
MET	A	-0.52%
SLVM	B	-0.5%
GOOG	C	-0.49%
UI	A	-0.49%
PNW	B	-0.48%
AVA	A	-0.47%
UNP	C	-0.47%
DUOL	A	-0.45%
CTRE	D	-0.42%
RMD	C	-0.4%
JXN	C	-0.39%
SR	A	-0.38%
CNA	B	-0.37%
CF	B	-0.37%
GRMN	B	-0.37%
OUT	A	-0.36%
EQR	B	-0.35%
CCL	B	-0.35%
CDP	C	-0.34%
RGLD	C	-0.32%
CNC	D	-0.31%
PTON	B	-0.31%
J	F	-0.31%
CVS	D	-0.29%
MDT	D	-0.29%
IIPR	D	-0.28%
APA	D	-0.25%
NVR	D	-0.24%
MATX	C	-0.22%
NEM	D	-0.22%
EEFT	B	-0.22%
FLR	B	-0.21%
MUSA	A	-0.2%
ABM	B	-0.19%
NTRA	B	-0.17%
BOX	B	-0.17%
JAZZ	B	-0.16%
FOXA	B	-0.14%
EXPD	D	-0.14%
FN	D	-0.13%
PRU	A	-0.13%
VCTR	B	-0.12%
VCYT	B	-0.12%
CINF	A	-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%
PENN	C	--0.05%
KNX	B	--0.06%
HGV	B	--0.06%
HUN	F	--0.07%
EXAS	D	--0.07%
RYN	D	--0.07%
COOP	B	--0.07%
CCS	D	--0.07%
BC	C	--0.08%
JOE	F	--0.08%
AES	F	--0.08%
FLYW	C	--0.08%
GNTX	C	--0.09%
JBLU	F	--0.09%
NSC	B	--0.1%
MCW	B	--0.1%
ABG	B	--0.1%
ATO	A	--0.1%
ACVA	B	--0.11%
ENPH	F	--0.11%
CGON	F	--0.11%
EL	F	--0.12%
RBA	A	--0.12%
FL	F	--0.12%
PCH	D	--0.12%
EXR	D	--0.13%
AVAV	D	--0.13%
ALIT	C	--0.13%
VMC	B	--0.13%
MLM	B	--0.13%
BPOP	B	--0.14%
PYCR	C	--0.14%
DAY	B	--0.14%
REXR	F	--0.14%
ARWR	F	--0.14%
MKL	A	--0.14%
AA	B	--0.14%
CZR	F	--0.15%
COLD	D	--0.15%
APD	A	--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%
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%
SW	A	--0.17%
TEX	D	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
LKQ	D	--0.17%
MASI	A	--0.17%
KRG	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%
CNH	C	--0.18%
BRKR	D	--0.18%
C	A	--0.19%
WAL	B	--0.19%
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%
PSA	D	--0.23%
XYL	D	--0.23%
WTRG	B	--0.24%
ELF	C	--0.24%
IONS	F	--0.24%
GPOR	B	--0.24%
CELH	F	--0.24%
HSY	F	--0.24%
LW	C	--0.25%
KEY	B	--0.25%
BILL	A	--0.26%
NEOG	F	--0.26%
AUR	C	--0.26%
AWK	D	--0.26%
VAL	D	--0.27%
FOUR	B	--0.27%
STNE	F	--0.27%
TEAM	A	--0.27%
MSCI	C	--0.27%
PTEN	C	--0.27%
MNST	C	--0.28%
SOFI	A	--0.28%
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%
CCOI	B	--0.33%
LPLA	A	--0.34%
ZBRA	B	--0.34%
ABNB	C	--0.34%
INSP	D	--0.34%
APO	B	--0.35%
AFRM	B	--0.35%
CACC	D	--0.36%
BBIO	F	--0.36%
ZI	D	--0.36%
BEN	C	--0.36%
ON	D	--0.39%
DG	F	--0.4%
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%
ALGM	D	--0.45%
DV	C	--0.45%
CGNX	C	--0.45%
CDNS	B	--0.46%
MRNA	F	--0.47%
RH	B	--0.47%
CFLT	B	--0.47%
CHTR	C	--0.48%
CSCO	B	--0.52%
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%
MCHP	D	--0.63%
DXCM	D	--0.63%
LSCC	D	--0.7%
INTC	D	--0.93%
FSLR	F	--1.26%