QUS vs. CLSE ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Convergence Long/Short Equity ETF (CLSE)
QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.92

Average Daily Volume

15,365

Number of Holdings *

583

* 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 QUS CLSE
30 Days 2.25% 4.69%
60 Days 3.15% 6.81%
90 Days 4.45% 9.38%
12 Months 29.35% 39.93%
164 Overlapping Holdings
Symbol Grade Weight in QUS Weight in CLSE Overlap
AAPL C 3.24% 0.83% 0.83%
ABBV D 0.49% 0.72% 0.49%
ABNB C 0.02% -0.34% -0.34%
AES F 0.01% -0.08% -0.08%
AJG B 0.46% -0.17% -0.17%
ALB C 0.02% -0.16% -0.16%
ALL A 0.06% 0.45% 0.06%
AMZN C 0.69% 2.53% 0.69%
ANET C 0.39% 1.83% 0.39%
APA D 0.05% 0.25% 0.05%
APD A 0.05% -0.15% -0.15%
APH A 0.71% 0.67% 0.67%
APO B 0.03% -0.35% -0.35%
APP B 0.02% 2.25% 0.02%
APTV D 0.02% -0.32% -0.32%
ATO A 0.04% -0.1% -0.1%
AVGO D 0.58% 2.28% 0.58%
AWK D 0.02% -0.26% -0.26%
BA F 0.02% -0.4% -0.4%
BAC A 0.69% 0.81% 0.69%
BAH F 0.2% 0.18% 0.18%
BEN C 0.01% -0.36% -0.36%
BKNG A 0.04% 0.44% 0.04%
BLK C 0.46% 0.65% 0.46%
BMY B 0.34% 1.11% 0.34%
C A 0.45% -0.19% -0.19%
CAH B 0.12% 0.86% 0.12%
CCL B 0.01% 0.35% 0.01%
CDNS B 0.29% -0.46% -0.46%
CELH F 0.0% -0.24% -0.24%
CF B 0.03% 0.37% 0.03%
CHRW C 0.02% 0.61% 0.02%
CHTR C 0.09% -0.48% -0.48%
CINF A 0.03% 0.12% 0.03%
CNC D 0.08% 0.31% 0.08%
CNH C 0.03% -0.18% -0.18%
COR B 0.35% 0.86% 0.35%
CRL C 0.01% -0.15% -0.15%
CSCO B 1.34% -0.52% -0.52%
CVS D 0.29% 0.29% 0.29%
DAY B 0.0% -0.14% -0.14%
DELL C 0.06% -0.25% -0.25%
DG F 0.02% -0.4% -0.4%
DLR B 0.04% -0.13% -0.13%
DLTR F 0.02% -0.41% -0.41%
DOCU A 0.0% 1.37% 0.0%
DVA B 0.01% 0.78% 0.01%
DXCM D 0.0% -0.63% -0.63%
EL F 0.01% -0.12% -0.12%
EME C 0.08% 0.75% 0.08%
ENPH F 0.02% -0.11% -0.11%
EQIX A 0.02% -0.14% -0.14%
EQR B 0.02% 0.35% 0.02%
EQT B 0.03% -0.23% -0.23%
EW C 0.12% -0.16% -0.16%
EXAS D 0.0% -0.07% -0.07%
EXPD D 0.06% 0.14% 0.06%
EXPE B 0.02% 0.61% 0.02%
EXR D 0.02% -0.13% -0.13%
FCNCA A 0.34% -0.35% -0.35%
FFIV B 0.23% 0.6% 0.23%
FITB A 0.06% 0.78% 0.06%
FOXA B 0.02% 0.14% 0.02%
FSLR F 0.03% -1.26% -1.26%
GDDY A 0.34% 1.42% 0.34%
GE D 0.11% -0.46% -0.46%
GEN B 0.13% 0.68% 0.13%
GILD C 0.43% 1.07% 0.43%
GLW B 0.14% 0.52% 0.14%
GM B 0.32% 0.87% 0.32%
GOOG C 1.12% 0.49% 0.49%
GOOGL C 1.2% 3.47% 1.2%
GRMN B 0.2% 0.37% 0.2%
HD A 0.35% 1.13% 0.35%
HPE B 0.06% 1.92% 0.06%
HSY F 0.18% -0.24% -0.24%
ILMN D 0.01% 0.1% 0.01%
INCY C 0.2% 0.07% 0.07%
INTC D 0.18% -0.93% -0.93%
J F 0.02% 0.31% 0.02%
JNJ D 1.64% 0.83% 0.83%
JPM A 1.06% 0.64% 0.64%
KEY B 0.04% -0.25% -0.25%
KNX B 0.04% -0.06% -0.06%
KR B 0.31% 0.17% 0.17%
LDOS C 0.02% 0.55% 0.02%
LKQ D 0.02% -0.17% -0.17%
LNG B 0.05% 0.97% 0.05%
LPLA A 0.07% -0.34% -0.34%
LRCX F 0.3% 0.0% 0.0%
LW C 0.03% -0.25% -0.25%
LYV A 0.01% -0.3% -0.3%
MCHP D 0.1% -0.63% -0.63%
MDB C 0.0% -0.29% -0.29%
MDT D 0.15% 0.29% 0.15%
MET A 0.09% 0.52% 0.09%
META D 2.32% 3.3% 2.32%
MKL A 0.15% -0.14% -0.14%
MKTX D 0.03% -0.29% -0.29%
MLM B 0.02% -0.13% -0.13%
MNST C 0.12% -0.28% -0.28%
MO A 0.07% 0.79% 0.07%
MPWR F 0.07% 0.3% 0.07%
MRNA F 0.01% -0.47% -0.47%
MSCI C 0.01% -0.27% -0.27%
MU D 0.07% 2.13% 0.07%
NDAQ A 0.02% -0.3% -0.3%
NEM D 0.18% 0.22% 0.18%
NFLX A 0.14% 0.79% 0.14%
NRG B 0.03% 0.71% 0.03%
NSC B 0.05% -0.1% -0.1%
NTAP C 0.16% 1.0% 0.16%
NTRS A 0.03% 1.08% 0.03%
NVDA C 2.76% 4.61% 2.76%
NVR D 0.11% 0.24% 0.11%
ON D 0.02% -0.39% -0.39%
ORCL B 0.53% 1.33% 0.53%
PG A 0.59% 0.45% 0.45%
PGR A 0.65% 0.46% 0.46%
PINS D 0.0% -0.41% -0.41%
PLTR B 0.01% 1.02% 0.01%
PNC B 0.17% 0.72% 0.17%
POOL C 0.04% -0.61% -0.61%
PRU A 0.08% 0.13% 0.08%
PSA D 0.14% -0.23% -0.23%
PYPL B 0.08% 1.33% 0.08%
QCOM F 0.55% 1.73% 0.55%
RBLX C 0.0% -0.41% -0.41%
RF A 0.06% 0.72% 0.06%
RIVN F 0.01% -0.42% -0.42%
RMD C 0.09% 0.4% 0.09%
ROP B 0.46% -0.7% -0.7%
SEIC B 0.03% 0.95% 0.03%
SMCI F 0.03% -0.47% -0.47%
SNPS B 0.28% -0.44% -0.44%
SPG B 0.03% 0.37% 0.03%
SRE A 0.06% -0.2% -0.2%
STLD B 0.04% -0.13% -0.13%
SW A 0.03% -0.17% -0.17%
SYF B 0.06% 1.11% 0.06%
T A 0.69% 0.29% 0.29%
TEAM A 0.0% -0.27% -0.27%
TMUS B 0.78% 0.7% 0.7%
TSLA B 0.28% 1.22% 0.28%
TSN B 0.3% 0.6% 0.3%
TTWO A 0.01% -0.43% -0.43%
TXN C 1.06% -0.81% -0.81%
UHAL D 0.01% -0.16% -0.16%
UHS D 0.02% 0.7% 0.02%
UNP C 0.08% 0.47% 0.08%
UTHR C 0.1% 0.73% 0.1%
VLO C 0.15% 0.29% 0.15%
VMC B 0.02% -0.13% -0.13%
VRT B 0.01% 0.68% 0.01%
VRTX F 0.57% 0.23% 0.23%
VST B 0.02% 0.55% 0.02%
WBD C 0.11% -0.43% -0.43%
WDC D 0.02% -0.65% -0.65%
WFC A 0.5% 0.75% 0.5%
WMT A 0.94% 1.82% 0.94%
WST C 0.06% -0.59% -0.59%
WTRG B 0.01% -0.24% -0.24%
XYL D 0.01% -0.23% -0.23%
ZBRA B 0.01% -0.34% -0.34%
QUS Overweight 419 Positions Relative to CLSE
Symbol Grade Weight
MSFT F 2.7%
UNH C 2.21%
LLY F 1.92%
V A 1.91%
MA C 1.69%
COST B 1.31%
ACN C 1.18%
BRK.A B 1.1%
PEP F 1.01%
VZ C 0.81%
KO D 0.81%
XOM B 0.81%
LMT D 0.72%
ADBE C 0.71%
MMC B 0.69%
IBM C 0.67%
CB C 0.65%
CAT B 0.63%
MSI B 0.63%
MCK B 0.61%
DUK C 0.6%
TJX A 0.56%
CVX A 0.55%
NOC D 0.55%
ADP B 0.54%
RSG A 0.54%
SO D 0.54%
HON B 0.53%
WCN A 0.53%
WM A 0.52%
MCD D 0.5%
AMAT F 0.48%
TRV B 0.47%
MRK F 0.46%
ED D 0.42%
CMCSA B 0.42%
CTSH B 0.39%
ACGL D 0.38%
AZO C 0.36%
PFE D 0.33%
PANW C 0.32%
MPC D 0.32%
FI A 0.31%
EA A 0.31%
GS A 0.3%
WEC A 0.29%
K A 0.29%
CBOE B 0.29%
ELV F 0.29%
KLAC D 0.29%
MMM D 0.28%
NKE D 0.28%
NOW A 0.27%
AMGN D 0.27%
ITW B 0.27%
SHW A 0.26%
ORLY B 0.26%
KEYS A 0.26%
TT A 0.26%
ZTS D 0.25%
REGN F 0.25%
GIS D 0.25%
CI F 0.24%
BDX F 0.24%
CME A 0.23%
KDP D 0.23%
CTAS B 0.23%
AFL B 0.22%
MDLZ F 0.22%
CMG B 0.22%
FANG D 0.22%
VRSN F 0.22%
MS A 0.21%
MCO B 0.21%
AON A 0.21%
TDY B 0.21%
HUM C 0.2%
GWW B 0.2%
FICO B 0.2%
XEL A 0.2%
YUM B 0.19%
DHI D 0.19%
AEP D 0.19%
CDW F 0.19%
EG C 0.18%
KHC F 0.18%
PTC A 0.18%
UBER D 0.18%
RTX C 0.18%
CL D 0.17%
JNPR F 0.17%
ERIE D 0.17%
COF B 0.17%
COP C 0.17%
ROL B 0.17%
CMI A 0.17%
DIS B 0.17%
ABT B 0.16%
TFC A 0.16%
ADSK A 0.16%
WTW B 0.16%
USB A 0.16%
F C 0.16%
CTVA C 0.16%
PAYX C 0.16%
WMB A 0.15%
VRSK A 0.15%
AFG A 0.15%
WDAY B 0.15%
FAST B 0.15%
EOG A 0.15%
LIN D 0.15%
D C 0.14%
ADI D 0.14%
CPRT A 0.14%
ICE C 0.14%
CHD B 0.14%
AKAM D 0.14%
PSX C 0.14%
LOW D 0.13%
MOH F 0.13%
IT C 0.13%
ODFL B 0.13%
CRM B 0.12%
CPB D 0.12%
AIG B 0.12%
FDX B 0.12%
LULU C 0.12%
WRB A 0.12%
IDXX F 0.12%
L A 0.12%
AIZ A 0.12%
AXP A 0.11%
PHM D 0.11%
A D 0.11%
NBIX C 0.11%
AEE A 0.11%
PM B 0.11%
UPS C 0.11%
DTE C 0.1%
NEE D 0.1%
KMB D 0.1%
OXY D 0.1%
TGT F 0.1%
ROK B 0.1%
TMO F 0.1%
DE A 0.1%
DHR F 0.09%
PKG A 0.09%
TPL A 0.09%
CMS C 0.09%
DECK A 0.09%
TSCO D 0.09%
HIG B 0.09%
BK A 0.09%
TROW B 0.09%
BBY D 0.09%
HRL D 0.08%
PLD D 0.08%
BLDR D 0.08%
ULTA F 0.08%
BMRN D 0.08%
ADM D 0.08%
VLTO D 0.08%
MTB A 0.08%
HUBS A 0.08%
VEEV C 0.08%
STX D 0.07%
HUBB B 0.07%
MANH D 0.07%
SPGI C 0.07%
DPZ C 0.07%
WAT B 0.07%
KMI A 0.07%
CFG B 0.07%
OMC C 0.07%
TW A 0.07%
GD F 0.07%
SCHW B 0.07%
HPQ B 0.07%
MELI D 0.07%
HOLX D 0.07%
NUE C 0.07%
DFS B 0.07%
ALNY D 0.07%
PCAR B 0.06%
SOLV C 0.06%
WSO A 0.06%
HBAN A 0.06%
EXC C 0.06%
WSM B 0.06%
STT A 0.06%
PCG A 0.06%
DGX A 0.06%
DOW F 0.06%
HCA F 0.06%
SBUX A 0.06%
AMD F 0.06%
LEN D 0.06%
WBA F 0.06%
SNA A 0.06%
CRWD B 0.06%
GEV B 0.05%
SYY B 0.05%
BG F 0.05%
BX A 0.05%
ETR B 0.05%
SWKS F 0.05%
GGG B 0.05%
IEX B 0.05%
CBRE B 0.05%
LNT A 0.05%
ETN A 0.05%
JBHT C 0.05%
FDS B 0.05%
JCI C 0.05%
EMR A 0.05%
VTRS A 0.05%
SLB C 0.05%
CSX B 0.05%
SYK C 0.05%
OKE A 0.05%
ISRG A 0.04%
WELL A 0.04%
CARR D 0.04%
MRO B 0.04%
VICI C 0.04%
AMT D 0.04%
JKHY D 0.04%
INTU C 0.04%
ALLE D 0.04%
IP B 0.04%
PEG A 0.04%
PH A 0.04%
OTIS C 0.04%
GPN B 0.04%
AMP A 0.04%
URI B 0.04%
DD D 0.04%
BSX B 0.04%
O D 0.04%
KVUE A 0.04%
FCX D 0.04%
BKR B 0.04%
EPAM C 0.04%
KKR A 0.04%
LHX C 0.04%
DVN F 0.04%
EIX B 0.04%
TER D 0.04%
LYB F 0.04%
CCI D 0.03%
ES D 0.03%
PPL B 0.03%
ALLY C 0.03%
RS B 0.03%
TTC D 0.03%
HAL C 0.03%
NXPI D 0.03%
AOS F 0.03%
PARA C 0.03%
ACI C 0.03%
KMX B 0.03%
TRGP B 0.03%
BR A 0.03%
GEHC F 0.03%
WY D 0.03%
SQ B 0.03%
ROST C 0.03%
JBL B 0.03%
OVV B 0.03%
CEG D 0.03%
LH C 0.03%
MOS F 0.03%
CTRA B 0.03%
FIS C 0.03%
PFG D 0.03%
RJF A 0.03%
PAYC B 0.03%
DRI B 0.02%
SSNC B 0.02%
CPAY A 0.02%
CCK C 0.02%
BALL D 0.02%
SJM D 0.02%
STZ D 0.02%
AMCR D 0.02%
EMN D 0.02%
DOV A 0.02%
VTR C 0.02%
IR B 0.02%
GPC D 0.02%
FTV C 0.02%
ARE D 0.02%
NI A 0.02%
EQH B 0.02%
IFF D 0.02%
KIM A 0.02%
MAR B 0.02%
TXT D 0.02%
EBAY D 0.02%
MRVL B 0.02%
CAG D 0.02%
AVB B 0.02%
OC A 0.02%
IQV D 0.02%
FNF B 0.02%
CRBG B 0.02%
CNP B 0.02%
EVRG A 0.02%
WAB B 0.02%
SWK D 0.02%
HES B 0.02%
PWR A 0.02%
BIIB F 0.02%
ZBH C 0.02%
BAX D 0.02%
DINO D 0.02%
AME A 0.02%
TAP C 0.02%
FE C 0.02%
PPG F 0.02%
ECL D 0.02%
TTD B 0.01%
HOOD B 0.01%
ENTG D 0.01%
MTCH D 0.01%
TYL B 0.01%
MTD D 0.01%
BIO D 0.01%
LUV C 0.01%
BBWI D 0.01%
NDSN B 0.01%
Z A 0.01%
LII A 0.01%
ALGN D 0.01%
QRVO F 0.01%
LVS C 0.01%
TFX F 0.01%
SBAC D 0.01%
ARES A 0.01%
UDR B 0.01%
CSGP D 0.01%
AMH D 0.01%
WLK D 0.01%
CTLT B 0.01%
RPRX D 0.01%
ANSS B 0.01%
MGM D 0.01%
TDG D 0.01%
DASH A 0.01%
CPT B 0.01%
GLPI C 0.01%
AVY D 0.01%
HII D 0.01%
FBIN D 0.01%
HST C 0.01%
TRU D 0.01%
CSL C 0.01%
AVTR F 0.01%
FOX A 0.01%
ESS B 0.01%
IRM D 0.01%
MAS D 0.01%
PNR A 0.01%
REG B 0.01%
RPM A 0.01%
NWSA B 0.01%
HLT A 0.01%
RCL A 0.01%
SUI D 0.01%
CE F 0.01%
CLX B 0.01%
WPC D 0.01%
MKC D 0.01%
FTNT C 0.01%
STE F 0.01%
TWLO A 0.01%
HSIC B 0.01%
INVH D 0.01%
TRMB B 0.01%
BURL A 0.01%
MAA B 0.01%
ACM A 0.01%
DOC D 0.01%
COIN C 0.01%
DAL C 0.01%
EFX F 0.01%
HWM A 0.01%
CHRD D 0.01%
DKS C 0.01%
BRO B 0.01%
IPG D 0.01%
CG A 0.01%
BXP D 0.01%
ZM B 0.01%
RVTY F 0.01%
IOT A 0.0%
ZS C 0.0%
NET B 0.0%
TOST B 0.0%
DKNG B 0.0%
BSY D 0.0%
PSTG D 0.0%
DDOG A 0.0%
SNAP C 0.0%
H B 0.0%
DT C 0.0%
WYNN D 0.0%
PODD C 0.0%
HEI B 0.0%
ROKU D 0.0%
SNOW C 0.0%
MSTR C 0.0%
ELS C 0.0%
HEI B 0.0%
TECH D 0.0%
OKTA C 0.0%
AXON A 0.0%
QUS Underweight 173 Positions Relative to CLSE
Symbol Grade Weight
CVNA B -1.85%
IDCC A -1.51%
CVLT B -1.4%
ACIW B -1.3%
JHG A -1.21%
NTNX A -1.16%
SNEX B -1.06%
HALO F -0.9%
AMRX C -0.9%
BFH B -0.88%
PPC C -0.85%
GVA A -0.84%
MLI C -0.84%
CARG C -0.83%
PRIM A -0.8%
THC D -0.78%
IESC B -0.77%
CPNG D -0.77%
CNX A -0.74%
FTI A -0.74%
STRL B -0.71%
ZION B -0.71%
CMA A -0.71%
CEIX A -0.7%
UMBF B -0.66%
ALSN B -0.66%
MTZ B -0.66%
AVT C -0.66%
MWA B -0.65%
FTDR A -0.58%
AMG B -0.58%
RGA A -0.55%
SLVM B -0.5%
UI A -0.49%
EXP A -0.48%
CACI D -0.48%
PNW B -0.48%
AVA A -0.47%
DUOL A -0.45%
LPX B -0.43%
CTRE D -0.42%
SCCO F -0.41%
JXN C -0.39%
SR A -0.38%
R B -0.38%
CNA B -0.37%
OUT A -0.36%
CDP C -0.34%
RGLD C -0.32%
PTON B -0.31%
LAMR D -0.31%
IIPR D -0.28%
MATX C -0.22%
TOL B -0.22%
EEFT B -0.22%
FLR B -0.21%
JLL D -0.2%
MUSA A -0.2%
ABM B -0.19%
NTRA B -0.17%
BOX B -0.17%
JAZZ B -0.16%
FN D -0.13%
VCTR B -0.12%
VCYT B -0.12%
CDE D -0.11%
AEIS B -0.07%
HQY B -0.07%
QQQ B -0.0%
LNTH D -0.0%
PENN C --0.05%
HGV B --0.06%
HUN F --0.07%
RYN D --0.07%
COOP B --0.07%
CCS D --0.07%
BC C --0.08%
JOE F --0.08%
FLYW C --0.08%
GNTX C --0.09%
JBLU F --0.09%
MCW B --0.1%
ABG B --0.1%
ACVA B --0.11%
CGON F --0.11%
RBA A --0.12%
FL F --0.12%
PCH D --0.12%
AVAV D --0.13%
ALIT C --0.13%
BPOP B --0.14%
PYCR C --0.14%
REXR F --0.14%
ARWR F --0.14%
AA B --0.14%
CZR F --0.15%
COLD D --0.15%
GTLS B --0.15%
RNR C --0.15%
DRVN B --0.15%
NARI C --0.16%
FIVN C --0.16%
BHF B --0.16%
XPO B --0.16%
OSK B --0.16%
LGIH D --0.16%
DAR C --0.16%
AGO B --0.16%
SITE D --0.16%
TEX D --0.17%
TREX C --0.17%
MDGL B --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%
BRKR D --0.18%
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%
ELF C --0.24%
IONS F --0.24%
GPOR B --0.24%
BILL A --0.26%
NEOG F --0.26%
AUR C --0.26%
VAL D --0.27%
FOUR B --0.27%
STNE F --0.27%
PTEN C --0.27%
SOFI A --0.28%
ESTC C --0.29%
XP F --0.29%
CYTK F --0.3%
APLS D --0.3%
GTLB B --0.32%
VVV F --0.33%
CCOI B --0.33%
INSP D --0.34%
AFRM B --0.35%
CACC D --0.36%
COHR B --0.36%
BBIO F --0.36%
ZI D --0.36%
SATS D --0.4%
U C --0.41%
ALGM D --0.45%
DV C --0.45%
CGNX C --0.45%
RH B --0.47%
CFLT B --0.47%
FND C --0.53%
BRZE C --0.56%
FIVE F --0.56%
NWS B --0.57%
LITE B --0.6%
LSCC D --0.7%
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