MILN vs. CLSE ETF Comparison

Comparison of Global X Millennials Thematic ETF (MILN) to Convergence Long/Short Equity ETF (CLSE)

MILN

Global X Millennials Thematic ETF

MILN Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX Millennials Thematic Index. The fund invests more than 80% of its total assets in the securities of the underlying index. The underlying index is designed to measure the performance of U.S. listed companies that provide exposure to the millennial generation, as defined by the index provider. The millennial generation refers to the demographic cohort in the U.S. with birth years ranging from 1980 to 2000. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.62

Average Daily Volume

8,211

Number of Holdings ^*

* 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

$22.56

Average Daily Volume

58,138

Number of Holdings ^*

335

* may have additional holdings in another (foreign) market

Performance

Period	MILN	CLSE
30 Days	1.79%	0.24%
60 Days	8.45%	6.62%
90 Days	16.32%	10.32%
12 Months	38.96%	37.69%

18 Overlapping Holdings

Symbol	Grade	Weight in MILN	Weight in CLSE	Overlap
AAPL	C	3.56%	1.42%	1.42%
ABNB	B	2.23%	-0.3%	-0.3%
AMZN	A	2.76%	2.27%	2.27%
BKNG	A	3.32%	0.37%	0.37%
CAR	C	0.22%	-0.05%	-0.05%
CARG	B	0.37%	0.9%	0.37%
CVNA	A	1.75%	1.67%	1.67%
EQR	D	2.03%	0.36%	0.36%
EXPE	A	1.53%	0.56%	0.56%
FI	A	3.52%	0.21%	0.21%
GOOGL	A	2.96%	3.28%	2.96%
HD	B	3.06%	1.13%	1.13%
META	B	3.06%	3.51%	3.06%
NFLX	A	3.24%	0.56%	0.56%
PTON	A	0.48%	0.25%	0.25%
PYPL	B	3.22%	1.13%	1.13%
SBUX	B	3.07%	-0.11%	-0.11%
SOFI	A	0.79%	-0.25%	-0.25%

MILN Overweight 58 Positions Relative to CLSE

Symbol	Grade	Weight
SE	B	3.61%
SPOT	B	3.51%
COST	D	3.25%
LOW	B	3.0%
DASH	A	2.98%
UBER	C	2.82%
INTU	D	2.68%
CMG	D	2.52%
SQ	B	2.48%
EBAY	D	2.36%
AVB	C	2.35%
LULU	C	2.35%
NKE	F	2.25%
DIS	C	2.2%
INVH	F	1.47%
SNAP	C	1.28%
UDR	D	1.04%
CPT	D	0.91%
SFM	A	0.87%
DKS	F	0.86%
KMX	D	0.85%
MTCH	D	0.72%
VFC	A	0.62%
SKX	D	0.59%
PLNT	D	0.49%
AN	D	0.48%
LC	B	0.48%
LTH	D	0.43%
LRN	A	0.42%
ETSY	D	0.41%
VSCO	A	0.41%
LYFT	C	0.39%
SLM	C	0.36%
ZG	C	0.35%
UAA	B	0.35%
HIMS	B	0.35%
VMEO	C	0.35%
PRDO	B	0.34%
IRT	D	0.33%
NNI	A	0.33%
COLM	B	0.33%
GHC	A	0.31%
CSR	D	0.31%
ANGI	C	0.3%
W	F	0.29%
LAUR	A	0.28%
CARS	D	0.26%
YELP	C	0.23%
XPOF	F	0.23%
STRA	F	0.23%
ZIP	F	0.22%
CRI	F	0.2%
TRIP	C	0.16%
CPRI	F	0.16%
DBI	F	0.16%
COUR	F	0.14%
ACCD	F	0.1%
CHGG	F	0.06%

MILN Underweight 317 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	B	-4.35%
AVGO	C	-2.45%
MU	C	-2.4%
ANET	A	-2.0%
HPE	A	-1.9%
QCOM	D	-1.84%
APP	B	-1.82%
WMT	A	-1.82%
CVLT	B	-1.75%
NTAP	D	-1.63%
ORCL	B	-1.37%
GDDY	A	-1.34%
IDCC	A	-1.33%
BMY	A	-1.31%
ACIW	B	-1.3%
IBM	D	-1.21%
YOU	B	-1.17%
T	B	-1.15%
JHG	A	-1.14%
DOCU	B	-1.12%
ABBV	A	-1.1%
NTRS	B	-1.08%
NTNX	B	-1.08%
SNEX	A	-1.05%
GILD	A	-1.0%
AMG	C	-1.0%
SYF	B	-1.0%
ALNY	C	-0.94%
JNJ	D	-0.91%
SEIC	A	-0.89%
AMRX	D	-0.89%
HALO	B	-0.87%
PPC	A	-0.84%
APH	B	-0.82%
BFH	C	-0.82%
MLI	A	-0.81%
MPWR	F	-0.79%
AVT	B	-0.79%
MO	A	-0.78%
THC	B	-0.78%
BAC	B	-0.77%
UHS	D	-0.75%
FITB	B	-0.75%
DVA	D	-0.74%
COR	A	-0.73%
NRG	A	-0.72%
LNG	A	-0.72%
PG	D	-0.7%
GVA	A	-0.7%
WFC	B	-0.7%
EME	A	-0.67%
PRIM	A	-0.67%
RF	B	-0.66%
CAH	B	-0.65%
IESC	A	-0.65%
TSLA	B	-0.64%
XOM	A	-0.64%
CEIX	B	-0.64%
ALSN	A	-0.63%
FLR	B	-0.63%
MWA	A	-0.62%
UMBF	A	-0.62%
JPM	B	-0.62%
CHRW	C	-0.62%
LDOS	A	-0.61%
JXN	B	-0.61%
UNP	F	-0.61%
STRL	B	-0.6%
CCL	A	-0.6%
EXP	A	-0.59%
CVS	F	-0.59%
CACI	A	-0.58%
MTZ	A	-0.58%
TSN	D	-0.57%
CPNG	A	-0.57%
AVA	D	-0.56%
FTDR	A	-0.56%
PM	B	-0.55%
MET	C	-0.55%
GM	B	-0.55%
VRT	B	-0.55%
RGA	D	-0.54%
PNC	B	-0.54%
SLVM	A	-0.53%
IIPR	B	-0.5%
FTI	B	-0.5%
GOOG	A	-0.5%
PATK	F	-0.49%
RGLD	B	-0.49%
PNW	D	-0.48%
MDT	C	-0.48%
CNA	D	-0.48%
SCCO	B	-0.47%
VLO	F	-0.47%
CTRE	B	-0.47%
PGR	D	-0.45%
ALL	D	-0.42%
MPC	F	-0.41%
SO	C	-0.39%
LPX	C	-0.39%
OUT	B	-0.37%
SPG	A	-0.37%
MUSA	C	-0.36%
NEM	D	-0.35%
J	F	-0.35%
R	A	-0.35%
CNC	D	-0.34%
LAMR	B	-0.34%
TOL	D	-0.34%
VST	B	-0.33%
UI	A	-0.33%
JLL	B	-0.31%
GLW	B	-0.31%
PLTR	B	-0.28%
IBP	F	-0.28%
ATGE	A	-0.27%
NVR	D	-0.26%
ANF	F	-0.24%
OGN	F	-0.23%
NEE	D	-0.22%
EEFT	C	-0.22%
MRK	F	-0.2%
ABM	A	-0.19%
MATX	A	-0.18%
BCO	C	-0.17%
NTRA	C	-0.16%
NSA	D	-0.16%
ACT	D	-0.16%
KR	B	-0.16%
FMC	B	-0.14%
FFIV	A	-0.13%
OSCR	C	-0.13%
VCYT	A	-0.12%
KMB	D	-0.11%
ILMN	A	-0.1%
LNTH	A	-0.06%
QQQ	B	-0.0%
LRCX	F	-0.0%
HGV	C	--0.06%
FLYW	C	--0.07%
VAC	C	--0.07%
NXST	A	--0.08%
RYN	B	--0.08%
AGO	B	--0.08%
SJM	F	--0.09%
HUN	F	--0.09%
MCW	A	--0.09%
COIN	C	--0.09%
TMHC	A	--0.09%
HHH	B	--0.09%
TROX	F	--0.1%
WOLF	D	--0.1%
ABG	B	--0.1%
HBI	A	--0.1%
THO	D	--0.1%
NARI	A	--0.11%
KLIC	B	--0.11%
AVAV	B	--0.11%
APD	B	--0.11%
ACVA	F	--0.11%
PCH	D	--0.11%
PENN	B	--0.11%
MASI	A	--0.12%
TXG	F	--0.12%
NTLA	F	--0.12%
VMC	A	--0.12%
CHDN	C	--0.12%
VNO	B	--0.13%
ALIT	F	--0.13%
EQIX	B	--0.13%
JBLU	D	--0.14%
FDS	A	--0.14%
BIO	A	--0.14%
BEAM	D	--0.14%
DAY	A	--0.14%
MKL	D	--0.14%
PYCR	A	--0.14%
DRVN	A	--0.14%
WBS	B	--0.14%
AES	F	--0.15%
OKE	A	--0.15%
AA	B	--0.15%
EXR	D	--0.15%
ALB	C	--0.16%
LGIH	D	--0.16%
CC	C	--0.16%
KNSL	F	--0.17%
MTN	F	--0.17%
RNR	B	--0.17%
AIR	F	--0.18%
LKQ	D	--0.18%
CZR	C	--0.18%
ALGM	F	--0.18%
BIRK	F	--0.18%
EL	F	--0.18%
AJG	D	--0.18%
EW	D	--0.18%
BE	D	--0.18%
KRG	A	--0.18%
WAL	D	--0.19%
PRCT	A	--0.19%
UHAL	B	--0.19%
GTLS	A	--0.19%
TEX	F	--0.19%
ENOV	C	--0.19%
COTY	F	--0.19%
KROS	A	--0.19%
CNH	B	--0.19%
GATX	A	--0.2%
CINF	B	--0.2%
TFC	C	--0.2%
OSK	C	--0.2%
AGCO	C	--0.2%
COLD	F	--0.2%
TTD	B	--0.2%
XYL	F	--0.2%
CGON	C	--0.2%
XPO	A	--0.21%
TREX	C	--0.21%
UEC	B	--0.21%
BRKR	D	--0.21%
C	B	--0.21%
SRE	C	--0.21%
COLB	B	--0.22%
PNFP	A	--0.22%
RBA	A	--0.22%
SAIA	A	--0.22%
EXAS	A	--0.22%
ATO	B	--0.22%
WTM	C	--0.22%
AEIS	A	--0.23%
FCNCA	C	--0.23%
AESI	D	--0.23%
SITE	C	--0.24%
AL	C	--0.24%
SUM	A	--0.24%
ESTC	F	--0.24%
WTRG	C	--0.24%
ELF	F	--0.24%
GPOR	F	--0.24%
ARWR	F	--0.24%
BANC	B	--0.24%
VAL	F	--0.25%
GT	F	--0.25%
ROIV	D	--0.25%
AWK	D	--0.26%
HSY	F	--0.26%
LYV	A	--0.26%
SW	A	--0.26%
PSA	D	--0.26%
MARA	D	--0.27%
FOUR	B	--0.27%
LW	C	--0.27%
ENPH	D	--0.27%
EVTC	D	--0.28%
RIOT	C	--0.28%
PTEN	F	--0.28%
MSCI	A	--0.28%
MNST	A	--0.29%
EQT	B	--0.29%
NEOG	D	--0.29%
CELH	F	--0.3%
MDB	F	--0.31%
INSP	D	--0.31%
GTLB	A	--0.31%
APLS	F	--0.31%
COHR	B	--0.32%
NDAQ	A	--0.32%
BEN	C	--0.33%
AFRM	A	--0.33%
APO	B	--0.34%
PINS	C	--0.34%
AUR	B	--0.35%
BILL	A	--0.35%
VVV	D	--0.35%
WBD	C	--0.36%
MKTX	B	--0.36%
CCOI	B	--0.37%
ZBRA	A	--0.37%
BBIO	F	--0.38%
LPLA	A	--0.38%
CACC	F	--0.38%
RIVN	F	--0.39%
ON	F	--0.4%
PATH	F	--0.41%
DLTR	F	--0.42%
SMCI	F	--0.43%
CYTK	F	--0.43%
BA	D	--0.44%
DG	F	--0.44%
MCHP	F	--0.45%
MRNA	F	--0.46%
DV	F	--0.47%
LBRDK	A	--0.47%
TTWO	A	--0.49%
CGNX	C	--0.49%
RBLX	A	--0.49%
U	C	--0.5%
GE	D	--0.5%
SATS	B	--0.51%
FIVN	C	--0.51%
ZI	C	--0.52%
RH	A	--0.52%
DXCM	D	--0.53%
CFLT	A	--0.53%
BRZE	F	--0.54%
ADBE	F	--0.54%
POOL	D	--0.55%
DELL	A	--0.55%
FND	D	--0.56%
FIVE	C	--0.58%
WDC	D	--0.71%
LITE	B	--0.75%
LSCC	C	--0.87%
TXN	B	--0.9%
GFS	F	--0.91%
INTC	C	--1.01%