QQQN vs. CLSE ETF Comparison

Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to Convergence Long/Short Equity ETF (CLSE)

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

7,004

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

$20.88

Average Daily Volume

43,408

Number of Holdings ^*

348

* may have additional holdings in another (foreign) market

Performance

Period	QQQN	CLSE
30 Days	1.17%	1.20%
60 Days	-1.62%	4.08%
90 Days	1.13%	11.06%
12 Months	14.87%	39.58%

12 Overlapping Holdings

Symbol	Grade	Weight in QQQN	Weight in CLSE	Overlap
AXON	D	2.72%	-0.15%	-0.15%
EBAY	B	2.91%	0.68%	0.68%
ENPH	D	1.76%	-0.08%	-0.08%
FSLR	C	2.32%	-0.24%	-0.24%
JBHT	F	1.94%	-0.08%	-0.08%
NTAP	B	2.45%	1.8%	1.8%
NTNX	B	1.71%	1.67%	1.67%
RIVN	D	1.11%	-0.23%	-0.23%
SMCI	D	3.73%	0.72%	0.72%
STLD	D	2.43%	0.38%	0.38%
VTRS	D	1.58%	0.86%	0.86%
WDC	B	2.62%	0.31%	0.31%

QQQN Overweight 35 Positions Relative to CLSE

Symbol	Grade	Weight
MPWR	B	3.9%
TSCO	B	3.3%
ICLR	D	2.89%
ALGN	F	2.45%
PTC	D	2.38%
DKNG	C	2.24%
ENTG	D	2.24%
ULTA	F	2.18%
ALNY	F	2.17%
TER	A	2.09%
STX	B	2.08%
HOLX	D	2.03%
CHKP	D	2.0%
UAL	B	1.92%
VRSN	F	1.92%
ZM	D	1.8%
BMRN	F	1.76%
BIDU	D	1.74%
OKTA	D	1.73%
SSNC	B	1.73%
NDSN	B	1.72%
BSY	A	1.72%
EXPE	F	1.71%
AKAM	F	1.71%
SWKS	D	1.68%
NBIX	C	1.59%
POOL	D	1.58%
SNY	B	1.52%
MANH	F	1.47%
PODD	D	1.38%
INCY	D	1.37%
NWSA	C	1.05%
FOXA	B	0.87%
FOX	B	0.79%
NWS	C	0.55%

QQQN Underweight 336 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	B	-3.67%
MSFT	C	-3.35%
AMZN	B	-3.29%
GOOGL	B	-2.6%
QCOM	A	-2.44%
GOOG	B	-2.4%
META	D	-2.21%
AMAT	B	-2.16%
MU	B	-2.13%
APP	B	-2.1%
ANET	A	-1.72%
SNX	A	-1.71%
CRWD	B	-1.36%
WMT	D	-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	C	-0.96%
AAPL	B	-0.95%
STNE	D	-0.95%
PAGS	D	-0.95%
SPOT	C	-0.95%
AMG	D	-0.91%
T	B	-0.91%
SYF	C	-0.91%
COIN	D	-0.89%
PFE	C	-0.89%
JPM	A	-0.88%
SEIC	D	-0.88%
AMGN	B	-0.87%
OGN	B	-0.86%
TW	B	-0.86%
MTG	B	-0.86%
ABBV	D	-0.85%
JNJ	D	-0.85%
LLY	C	-0.84%
HALO	B	-0.83%
MPC	D	-0.83%
UBER	D	-0.82%
MRK	C	-0.81%
PBF	F	-0.8%
IIPR	B	-0.78%
BRBR	B	-0.78%
IESC	C	-0.77%
BAC	A	-0.76%
PSX	D	-0.74%
XOM	B	-0.74%
PPC	A	-0.74%
MO	A	-0.74%
FITB	B	-0.73%
EME	B	-0.73%
PG	A	-0.73%
VLO	D	-0.73%
WFC	A	-0.71%
TSN	B	-0.71%
BG	C	-0.71%
VRT	B	-0.7%
MCK	B	-0.69%
GFF	D	-0.68%
F	D	-0.67%
MLI	A	-0.64%
STRL	B	-0.63%
GDDY	B	-0.62%
CNC	B	-0.62%
UMBF	B	-0.62%
ITRI	B	-0.62%
PEGA	D	-0.62%
THC	A	-0.61%
KNF	D	-0.61%
FTDR	B	-0.6%
VST	B	-0.6%
CI	D	-0.6%
OC	A	-0.59%
GM	B	-0.59%
LOPE	B	-0.58%
AGO	D	-0.58%
SKYW	B	-0.58%
NU	C	-0.56%
DVA	C	-0.56%
BLDR	D	-0.55%
PGR	B	-0.54%
GMS	B	-0.54%
BCC	D	-0.54%
AYI	C	-0.54%
HQY	D	-0.52%
CAT	C	-0.52%
PLTR	D	-0.51%
NEE	A	-0.51%
AMR	F	-0.51%
DPZ	C	-0.5%
CNM	B	-0.5%
CAH	F	-0.49%
REZI	C	-0.48%
HIG	B	-0.47%
CNA	B	-0.47%
UHS	B	-0.47%
EVRG	B	-0.46%
EXP	B	-0.46%
EXC	B	-0.45%
LDOS	A	-0.44%
HRB	B	-0.44%
RGA	A	-0.43%
SAIC	B	-0.41%
SLVM	A	-0.41%
BKNG	B	-0.41%
APA	F	-0.39%
NSA	C	-0.38%
SPG	C	-0.38%
BCO	A	-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	D	-0.32%
RS	D	-0.32%
BLD	C	-0.32%
FIX	B	-0.32%
PSTG	B	-0.31%
BAH	C	-0.31%
CVNA	B	-0.31%
FDX	D	-0.3%
RPRX	F	-0.29%
OMI	F	-0.29%
AMRX	A	-0.28%
SPGI	B	-0.28%
AMP	A	-0.26%
UNP	B	-0.24%
NEU	D	-0.24%
ANF	B	-0.23%
MGM	F	-0.21%
NTRA	B	-0.2%
DECK	C	-0.18%
LNTH	C	-0.18%
AEO	B	-0.17%
SKT	C	-0.14%
FG	C	-0.14%
FCX	A	-0.14%
MOD	B	-0.13%
PHM	B	-0.11%
DOCS	F	-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%
HTZ	F	--0.07%
MODG	D	--0.08%
PYCR	F	--0.08%
IAS	F	--0.08%
PTCT	C	--0.08%
JOBY	D	--0.08%
PNM	C	--0.08%
FCNCA	B	--0.08%
HAS	C	--0.09%
PLNT	C	--0.09%
SUI	D	--0.09%
CWST	C	--0.09%
DOC	A	--0.09%
ATI	B	--0.09%
MCW	C	--0.09%
RYAN	C	--0.09%
LGIH	F	--0.09%
ACVA	D	--0.1%
VTR	B	--0.1%
CROX	B	--0.1%
COLD	D	--0.1%
PCH	D	--0.1%
AEE	C	--0.11%
EXR	B	--0.11%
CHK	B	--0.11%
AES	B	--0.11%
CHDN	C	--0.11%
RRC	B	--0.11%
DAY	F	--0.11%
WTW	D	--0.11%
VAC	C	--0.11%
TXG	F	--0.12%
KNX	F	--0.12%
LPX	A	--0.12%
MDU	C	--0.12%
ADC	B	--0.12%
BOOT	B	--0.12%
GOGL	B	--0.12%
TFC	A	--0.13%
AJG	B	--0.14%
VFC	F	--0.14%
IPAR	F	--0.14%
ZWS	B	--0.15%
KMPR	B	--0.15%
CRS	B	--0.15%
AVAV	A	--0.15%
LFST	C	--0.15%
O	C	--0.15%
SPR	D	--0.15%
CZR	F	--0.15%
RBA	C	--0.15%
CNXC	D	--0.16%
WTM	D	--0.16%
AXSM	C	--0.16%
CHH	F	--0.16%
KVUE	C	--0.16%
SJM	F	--0.16%
XYL	A	--0.16%
MTN	D	--0.17%
WAFD	C	--0.17%
FOXF	D	--0.17%
COF	B	--0.17%
FLNC	D	--0.17%
ARWR	F	--0.17%
HAYW	B	--0.17%
GPOR	D	--0.17%
FL	F	--0.17%
UCBI	C	--0.17%
FOUR	D	--0.18%
RUN	D	--0.18%
UHAL	B	--0.18%
GME	C	--0.18%
IOVA	D	--0.18%
ALLY	A	--0.18%
NARI	D	--0.18%
GPI	A	--0.18%
PR	D	--0.19%
GATX	A	--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	C	--0.2%
HASI	B	--0.2%
BANC	D	--0.2%
PPBI	C	--0.2%
SBCF	C	--0.2%
MP	C	--0.21%
LNC	B	--0.21%
SHC	F	--0.22%
ROG	C	--0.22%
TSLA	D	--0.22%
EQT	B	--0.22%
PRCT	B	--0.22%
NTLA	D	--0.22%
UEC	C	--0.23%
ATO	C	--0.23%
NDAQ	D	--0.23%
IRTC	F	--0.23%
ASB	A	--0.24%
EL	F	--0.24%
SPT	F	--0.24%
DLTR	F	--0.25%
CG	D	--0.25%
GO	F	--0.25%
EVH	F	--0.25%
ORCL	C	--0.26%
RNR	D	--0.26%
FNB	A	--0.26%
MASI	D	--0.26%
NOG	C	--0.26%
LW	F	--0.26%
KDP	A	--0.26%
CNX	B	--0.27%
TMDX	B	--0.27%
BIO	F	--0.27%
NNI	A	--0.27%
CABO	F	--0.27%
FIS	A	--0.27%
AGNC	A	--0.28%
GTLS	C	--0.28%
NOVT	D	--0.28%
UI	C	--0.29%
GS	A	--0.29%
NEOG	F	--0.29%
AAP	D	--0.29%
TOST	B	--0.29%
AR	B	--0.3%
PFSI	B	--0.3%
CAR	D	--0.3%
TTWO	F	--0.3%
MS	A	--0.31%
FIVE	F	--0.32%
ALB	D	--0.32%
LAD	D	--0.33%
NXST	B	--0.34%
RVMD	C	--0.35%
BX	C	--0.35%
IBKR	A	--0.35%
FYBR	B	--0.36%
DV	F	--0.36%
CARR	B	--0.36%
GE	C	--0.37%
KMX	D	--0.37%
CFLT	C	--0.37%
D	B	--0.37%
TGNA	B	--0.38%
IAC	C	--0.39%
ZI	F	--0.4%
CRL	D	--0.41%
FIVN	F	--0.41%
MSGS	C	--0.41%
RIOT	F	--0.42%
UTHR	A	--0.42%
LBRDK	D	--0.42%
SATS	C	--0.42%
CGNX	C	--0.43%
DAR	D	--0.43%
VSAT	D	--0.43%
BILL	F	--0.44%
INSP	F	--0.44%
WBD	D	--0.45%
ASAN	D	--0.45%
MSTR	D	--0.45%
RH	C	--0.46%
BA	D	--0.47%
TXN	A	--0.47%
FND	C	--0.47%
GFS	C	--0.48%
U	F	--0.5%
TECH	B	--0.5%
MARA	D	--0.51%
LITE	F	--0.54%
ALGM	D	--0.54%
COHR	D	--0.55%
WOLF	F	--0.58%
ZBRA	A	--0.58%
KLIC	D	--0.59%
QQQ	A	--0.61%
SITM	C	--0.71%
INTC	F	--0.73%