PSC vs. CLSE ETF Comparison

Comparison of Principal U.S. Small Cap Index ETF (PSC) to Convergence Long/Short Equity ETF (CLSE)

PSC

Principal U.S. Small Cap Index ETF

PSC Description

The Principal U.S. Small Cap Index ETF seeks to provide investment results that closely correspond, before expenses, to the performance of the NASDAQ U.S. Small Cap Select Leaders Index. The ETF employs a passive investment approach designed to track the performance of the Index.

Grade (RS Rating)

Last Trade

$55.65

Average Daily Volume

28,743

Number of Holdings ^*

473

* 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	PSC	CLSE
30 Days	8.84%	4.69%
60 Days	7.82%	6.81%
90 Days	8.47%	9.38%
12 Months	35.04%	39.93%

39 Overlapping Holdings

Symbol	Grade	Weight in PSC	Weight in CLSE	Overlap
ABM	B	0.27%	0.19%	0.19%
ACIW	B	0.24%	1.3%	0.24%
AESI	B	0.1%	-0.21%	-0.21%
AMRX	C	0.1%	0.9%	0.1%
ANET	C	0.1%	1.83%	0.1%
AVA	A	0.27%	0.47%	0.27%
BOX	B	0.36%	0.17%	0.17%
CARG	C	0.19%	0.83%	0.19%
CEIX	A	0.29%	0.7%	0.29%
CNX	A	0.6%	0.74%	0.6%
COOP	B	0.66%	-0.07%	-0.07%
CTRE	D	0.49%	0.42%	0.42%
CVLT	B	0.42%	1.4%	0.42%
FN	D	0.63%	0.13%	0.13%
FTDR	A	0.21%	0.58%	0.21%
GPOR	B	0.22%	-0.24%	-0.24%
HALO	F	0.56%	0.9%	0.56%
HQY	B	0.54%	0.07%	0.07%
IDCC	A	0.47%	1.51%	0.47%
IESC	B	0.26%	0.77%	0.26%
IIPR	D	0.19%	0.28%	0.19%
JXN	C	0.77%	0.39%	0.39%
LNTH	D	0.24%	0.0%	0.0%
MATX	C	0.43%	0.22%	0.22%
MLI	C	0.52%	0.84%	0.52%
MWA	B	0.31%	0.65%	0.31%
NARI	C	0.4%	-0.16%	-0.16%
NEOG	F	0.26%	-0.26%	-0.26%
PRCT	B	0.25%	-0.22%	-0.22%
PRIM	A	0.53%	0.8%	0.53%
SLVM	B	0.16%	0.5%	0.16%
SNEX	B	0.23%	1.06%	0.23%
SR	A	0.35%	0.38%	0.35%
STRL	B	0.61%	0.71%	0.61%
SUM	B	0.39%	-0.22%	-0.22%
TEX	D	0.49%	-0.17%	-0.17%
UMBF	B	0.79%	0.66%	0.66%
VCTR	B	0.41%	0.12%	0.12%
VCYT	B	0.14%	0.12%	0.12%

PSC Overweight 434 Positions Relative to CLSE

Symbol	Grade	Weight
EAT	A	1.07%
SFM	A	0.97%
HIMS	B	0.84%
HLNE	B	0.83%
AX	A	0.78%
CRS	A	0.78%
AIT	A	0.74%
ONB	B	0.68%
ATKR	C	0.6%
RHP	B	0.58%
CNK	B	0.58%
ANF	C	0.57%
RMBS	C	0.57%
IRT	A	0.55%
PJT	A	0.51%
HCC	B	0.51%
ITRI	B	0.51%
TGTX	B	0.5%
TBBK	B	0.5%
DY	D	0.49%
PI	D	0.48%
BOOT	D	0.48%
EPRT	B	0.48%
KBH	D	0.47%
ESNT	D	0.47%
HAE	C	0.47%
QLYS	C	0.46%
FULT	A	0.46%
SM	B	0.46%
PAGS	F	0.45%
SKYW	B	0.45%
BGC	C	0.45%
CNO	A	0.45%
CORT	B	0.45%
TRNO	F	0.44%
ALE	A	0.44%
OGS	A	0.44%
AEO	F	0.43%
SWX	B	0.41%
BL	B	0.41%
ALTR	B	0.41%
CMC	B	0.41%
ALKS	B	0.41%
RDNT	B	0.41%
MTH	D	0.4%
PAYO	A	0.4%
BKH	A	0.39%
BCC	B	0.39%
EXLS	B	0.39%
VRNS	D	0.39%
WTS	B	0.38%
ENSG	D	0.38%
ABCB	B	0.38%
MMSI	B	0.37%
IBP	D	0.37%
FBP	B	0.37%
CSWI	A	0.37%
GMS	B	0.37%
GFF	A	0.36%
MGY	A	0.36%
QTWO	A	0.36%
UFPI	B	0.35%
LIVN	F	0.35%
URBN	C	0.35%
TMDX	F	0.34%
MOG.A	B	0.34%
CHX	C	0.34%
CABO	C	0.33%
CWAN	B	0.33%
POWL	C	0.33%
ITGR	B	0.33%
NMIH	D	0.33%
DOCN	D	0.32%
SKWD	A	0.32%
ENVA	B	0.32%
VERX	B	0.32%
ZETA	D	0.31%
TGNA	B	0.31%
ACLS	F	0.31%
STNG	F	0.31%
IART	C	0.31%
ENV	B	0.31%
CBT	C	0.31%
KAI	A	0.31%
SKT	B	0.3%
ACAD	D	0.3%
TWST	D	0.3%
ROAD	A	0.3%
CWK	B	0.3%
FSS	B	0.3%
ICUI	D	0.3%
TDW	F	0.29%
BCO	D	0.29%
ENS	D	0.29%
TMHC	B	0.29%
LRN	A	0.28%
MOD	A	0.28%
CBZ	B	0.28%
ADMA	B	0.28%
IBOC	A	0.28%
AGX	B	0.28%
KNF	A	0.28%
HCI	C	0.28%
KFY	B	0.27%
CALM	A	0.27%
MMS	F	0.27%
CNMD	C	0.27%
WHD	B	0.27%
UE	C	0.27%
VRRM	D	0.26%
HTLF	B	0.26%
RPD	C	0.26%
SMPL	B	0.26%
WAFD	B	0.26%
OPCH	D	0.25%
SHO	C	0.25%
PLMR	B	0.25%
PTGX	C	0.25%
TNDM	F	0.25%
MGNI	A	0.24%
OTTR	C	0.24%
AKR	B	0.24%
SPSC	C	0.24%
LBRT	D	0.24%
CAKE	C	0.24%
TGLS	B	0.24%
WT	B	0.24%
RYTM	C	0.24%
GPI	A	0.24%
INMD	C	0.23%
ASGN	F	0.23%
AXNX	C	0.23%
WSFS	A	0.23%
BNL	D	0.23%
BLBD	D	0.23%
SEM	B	0.22%
BMI	B	0.22%
BDC	B	0.22%
VITL	D	0.22%
NSIT	F	0.21%
YELP	C	0.21%
KTB	B	0.21%
RXST	F	0.21%
REZI	A	0.2%
ATGE	B	0.2%
SFNC	B	0.2%
REVG	B	0.2%
AZZ	B	0.2%
MGEE	C	0.2%
NBHC	B	0.2%
SANM	B	0.2%
PMT	D	0.19%
JBI	F	0.19%
HMN	B	0.19%
WGO	C	0.19%
VRTS	B	0.19%
FFBC	A	0.18%
PGNY	F	0.18%
FUL	F	0.18%
STAA	F	0.18%
RAMP	C	0.18%
ALRM	C	0.18%
EXPO	D	0.18%
AROC	B	0.18%
PBH	A	0.18%
AGM	C	0.18%
AGYS	A	0.18%
SRDX	B	0.17%
SHOO	D	0.17%
HELE	C	0.17%
PHIN	A	0.17%
OFG	B	0.17%
FRME	B	0.17%
FELE	B	0.17%
PRGS	A	0.17%
CENX	B	0.17%
TPH	D	0.17%
VECO	F	0.17%
YOU	D	0.17%
MHO	D	0.17%
ICFI	F	0.16%
HOPE	B	0.16%
NMRK	B	0.16%
ALG	B	0.16%
FCF	A	0.16%
NOVT	D	0.16%
INSW	F	0.16%
AMN	F	0.16%
LANC	C	0.16%
WDFC	B	0.16%
BMBL	C	0.16%
BCPC	B	0.15%
AMPH	D	0.15%
SGRY	F	0.15%
KNTK	B	0.15%
LOB	B	0.15%
MNKD	C	0.15%
CPRX	C	0.15%
KWR	C	0.15%
VCEL	B	0.15%
CVCO	A	0.15%
RPAY	D	0.15%
LTC	B	0.14%
NHI	D	0.14%
SUPN	C	0.14%
ESRT	C	0.14%
LMB	A	0.14%
FCPT	C	0.14%
ADUS	D	0.14%
ROCK	C	0.14%
BANF	B	0.14%
DHT	F	0.14%
GRBK	D	0.14%
VC	D	0.14%
UFPT	B	0.14%
NTB	B	0.14%
EPAC	B	0.14%
SMMT	D	0.14%
IOSP	B	0.13%
HNI	B	0.13%
VSTO	A	0.13%
PFBC	B	0.13%
MTX	B	0.13%
ALKT	B	0.13%
FBMS	B	0.13%
SSTK	F	0.13%
ENR	B	0.13%
AMWD	C	0.13%
WABC	B	0.12%
SXI	B	0.12%
LMAT	A	0.12%
LZB	B	0.12%
EFSC	B	0.12%
RSI	B	0.12%
CMRE	C	0.12%
CSTM	F	0.12%
APOG	B	0.12%
FBK	B	0.12%
PRVA	B	0.12%
LGND	B	0.12%
PLXS	B	0.12%
OII	B	0.12%
SPNT	A	0.12%
KALU	C	0.11%
CRVL	A	0.11%
HWKN	B	0.11%
CRAI	B	0.11%
TILE	B	0.11%
COLL	F	0.11%
TNC	D	0.11%
BLKB	B	0.11%
USPH	B	0.11%
LPG	F	0.11%
ACT	D	0.11%
PATK	D	0.11%
UNIT	B	0.11%
CHCO	B	0.11%
QCRH	A	0.1%
HRMY	D	0.1%
ATEN	B	0.1%
FOXF	F	0.1%
BV	B	0.1%
EPC	D	0.1%
IMAX	B	0.1%
IMXI	B	0.1%
CSR	B	0.1%
ANIP	F	0.1%
SMLR	B	0.1%
HLX	B	0.1%
BKE	B	0.1%
BHE	B	0.1%
DORM	B	0.1%
USLM	A	0.1%
GOLF	B	0.1%
GIII	D	0.1%
MLKN	D	0.1%
CXM	C	0.1%
OSIS	B	0.1%
AMAL	B	0.09%
PLAB	C	0.09%
ARHS	F	0.09%
HSII	B	0.09%
PLUS	F	0.09%
EVH	F	0.09%
BLX	C	0.09%
MD	B	0.09%
NSSC	D	0.09%
DXPE	B	0.09%
STBA	B	0.09%
GHC	C	0.09%
GABC	B	0.09%
PFC	A	0.09%
BBSI	B	0.09%
INOD	B	0.09%
SBH	C	0.09%
GEF	A	0.09%
BKD	D	0.09%
DESP	B	0.09%
SXT	B	0.09%
SRCE	B	0.09%
ASTH	D	0.08%
PEBO	A	0.08%
INVA	D	0.08%
CDRE	D	0.08%
ARDX	F	0.08%
OSBC	A	0.08%
CAL	D	0.08%
AAT	B	0.08%
HFWA	B	0.08%
STRA	C	0.08%
BY	B	0.08%
PSMT	C	0.08%
OMCL	C	0.08%
CPF	A	0.08%
HAFC	A	0.08%
WKC	D	0.08%
CHEF	A	0.08%
UMH	C	0.08%
CFB	B	0.07%
OSW	A	0.07%
PRDO	B	0.07%
AHCO	F	0.07%
UVE	B	0.07%
FG	B	0.07%
VREX	C	0.07%
FOR	F	0.07%
ORRF	B	0.07%
PCRX	C	0.07%
IBCP	B	0.07%
MLR	B	0.07%
WTTR	B	0.07%
CECO	A	0.07%
MCRI	A	0.06%
METC	C	0.06%
CTS	C	0.06%
UTI	A	0.06%
GRND	A	0.06%
THR	B	0.06%
NXRT	B	0.06%
IMMR	C	0.06%
TRNS	D	0.06%
DOLE	D	0.06%
CSTL	D	0.06%
MDXG	B	0.06%
WSR	A	0.06%
DFH	D	0.06%
HY	D	0.06%
AORT	B	0.06%
NHC	C	0.06%
CCB	A	0.06%
SCSC	B	0.06%
BLFS	C	0.06%
CENTA	C	0.06%
SCVL	F	0.05%
SLP	D	0.05%
VMEO	B	0.05%
HOV	D	0.05%
PNTG	D	0.05%
GHM	A	0.05%
REAX	D	0.05%
PRM	C	0.05%
SEMR	B	0.05%
GRC	A	0.05%
ASC	F	0.05%
KOP	C	0.05%
SWI	B	0.05%
YEXT	A	0.05%
LILAK	D	0.05%
GCI	D	0.05%
NABL	F	0.05%
AHH	D	0.05%
MBWM	B	0.05%
GDYN	B	0.04%
OSUR	F	0.04%
BELFB	C	0.04%
CNXN	C	0.04%
AVNS	F	0.04%
SB	F	0.04%
CCRN	F	0.04%
SMP	B	0.04%
DAKT	B	0.04%
TCMD	A	0.04%
OSPN	A	0.04%
USAP	B	0.04%
ZIP	F	0.04%
XERS	B	0.04%
REX	D	0.04%
MTUS	C	0.04%
HSTM	B	0.04%
WLDN	D	0.04%
DJCO	B	0.04%
IRWD	F	0.04%
PUBM	C	0.04%
EOLS	D	0.04%
CDNA	D	0.04%
UTL	B	0.04%
TPB	B	0.04%
NR	B	0.03%
NRC	F	0.03%
AMCX	C	0.03%
UHT	D	0.03%
APEI	B	0.03%
CBL	A	0.03%
HROW	D	0.03%
MCFT	B	0.03%
YMAB	F	0.03%
STGW	B	0.03%
SPNS	F	0.03%
ALX	D	0.03%
VIRC	B	0.03%
AGS	A	0.03%
EE	A	0.03%
PTVE	B	0.03%
MEC	D	0.03%
MLAB	D	0.03%
ZIMV	D	0.03%
IDT	B	0.03%
EGY	D	0.03%
CSV	B	0.03%
IRMD	C	0.03%
CENT	C	0.03%
CTO	B	0.03%
LILA	D	0.02%
SIGA	F	0.02%
CMPO	A	0.02%
HRTX	F	0.02%
AXGN	D	0.02%
ADV	D	0.02%
DH	D	0.02%
XPEL	C	0.02%
BVS	D	0.02%
HCKT	B	0.02%
EGHT	C	0.01%
AEYE	C	0.01%

PSC Underweight 298 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%
HPE	B	-1.92%
CVNA	B	-1.85%
WMT	A	-1.82%
QCOM	F	-1.73%
GDDY	A	-1.42%
DOCU	A	-1.37%
PYPL	B	-1.33%
ORCL	B	-1.33%
TSLA	B	-1.22%
JHG	A	-1.21%
NTNX	A	-1.16%
HD	A	-1.13%
SYF	B	-1.11%
BMY	B	-1.11%
NTRS	A	-1.08%
GILD	C	-1.07%
PLTR	B	-1.02%
NTAP	C	-1.0%
LNG	B	-0.97%
SEIC	B	-0.95%
BFH	B	-0.88%
GM	B	-0.87%
COR	B	-0.86%
CAH	B	-0.86%
PPC	C	-0.85%
GVA	A	-0.84%
AAPL	C	-0.83%
JNJ	D	-0.83%
BAC	A	-0.81%
MO	A	-0.79%
NFLX	A	-0.79%
THC	D	-0.78%
FITB	A	-0.78%
DVA	B	-0.78%
CPNG	D	-0.77%
EME	C	-0.75%
WFC	A	-0.75%
FTI	A	-0.74%
UTHR	C	-0.73%
PNC	B	-0.72%
ABBV	D	-0.72%
RF	A	-0.72%
ZION	B	-0.71%
CMA	A	-0.71%
NRG	B	-0.71%
UHS	D	-0.7%
TMUS	B	-0.7%
GEN	B	-0.68%
VRT	B	-0.68%
APH	A	-0.67%
ALSN	B	-0.66%
MTZ	B	-0.66%
AVT	C	-0.66%
BLK	C	-0.65%
JPM	A	-0.64%
CHRW	C	-0.61%
EXPE	B	-0.61%
TSN	B	-0.6%
FFIV	B	-0.6%
AMG	B	-0.58%
LDOS	C	-0.55%
VST	B	-0.55%
RGA	A	-0.55%
GLW	B	-0.52%
MET	A	-0.52%
GOOG	C	-0.49%
UI	A	-0.49%
EXP	A	-0.48%
CACI	D	-0.48%
PNW	B	-0.48%
UNP	C	-0.47%
PGR	A	-0.46%
DUOL	A	-0.45%
PG	A	-0.45%
ALL	A	-0.45%
BKNG	A	-0.44%
LPX	B	-0.43%
SCCO	F	-0.41%
RMD	C	-0.4%
R	B	-0.38%
SPG	B	-0.37%
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%
LAMR	D	-0.31%
J	F	-0.31%
MPWR	F	-0.3%
CVS	D	-0.29%
VLO	C	-0.29%
T	A	-0.29%
MDT	D	-0.29%
APA	D	-0.25%
NVR	D	-0.24%
VRTX	F	-0.23%
NEM	D	-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%
KR	B	-0.17%
NTRA	B	-0.17%
JAZZ	B	-0.16%
FOXA	B	-0.14%
EXPD	D	-0.14%
PRU	A	-0.13%
CINF	A	-0.12%
CDE	D	-0.11%
ILMN	D	-0.1%
AEIS	B	-0.07%
INCY	C	-0.07%
QQQ	B	-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%
RYN	D	--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%
DLR	B	--0.13%
EXR	D	--0.13%
STLD	B	--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%
EQIX	A	--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%
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%
AGO	B	--0.16%
EW	C	--0.16%
SITE	D	--0.16%
SW	A	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
LKQ	D	--0.17%
MASI	A	--0.17%
AJG	B	--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%
SRE	A	--0.2%
GATX	A	--0.2%
BIRK	D	--0.2%
BE	B	--0.21%
NOG	A	--0.21%
WTM	A	--0.21%
BANC	A	--0.22%
MTN	C	--0.22%
SAIA	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%
CELH	F	--0.24%
HSY	F	--0.24%
DELL	C	--0.25%
LW	C	--0.25%
KEY	B	--0.25%
BILL	A	--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%
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%
CCOI	B	--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%
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%
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%
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%
WDC	D	--0.65%
LSCC	D	--0.7%
ROP	B	--0.7%
TXN	C	--0.81%
INTC	D	--0.93%
FSLR	F	--1.26%