SPGP vs. CLSE ETF Comparison

Comparison of Invesco S&P 500 GARP ETF (SPGP) to Convergence Long/Short Equity ETF (CLSE)

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$111.94

Average Daily Volume

233,639

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

$23.78

Average Daily Volume

67,757

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

Performance

Period	SPGP	CLSE
30 Days	6.26%	5.78%
60 Days	6.79%	7.99%
90 Days	9.07%	9.94%
12 Months	22.35%	40.28%

18 Overlapping Holdings

Symbol	Grade	Weight in SPGP	Weight in CLSE	Overlap
AAPL	A	0.87%	0.83%	0.83%
ANET	C	2.03%	1.83%	1.83%
APA	F	1.11%	0.25%	0.25%
CF	B	1.48%	0.37%	0.37%
GOOG	C	1.03%	0.49%	0.49%
HPE	B	0.83%	1.92%	0.83%
INCY	B	1.09%	0.07%	0.07%
LRCX	D	0.8%	0.0%	0.0%
LW	C	0.76%	-0.25%	-0.25%
MCHP	D	0.65%	-0.63%	-0.63%
META	D	1.04%	3.3%	1.04%
MLM	B	0.83%	-0.13%	-0.13%
NVDA	C	2.53%	4.61%	2.53%
ON	D	1.09%	-0.39%	-0.39%
STLD	B	2.05%	-0.13%	-0.13%
SYF	A	1.63%	1.11%	1.11%
VLO	C	1.97%	0.29%	0.29%
VRTX	D	0.81%	0.23%	0.23%

SPGP Overweight 56 Positions Relative to CLSE

Symbol	Grade	Weight
UAL	B	3.16%
DAL	B	2.35%
EOG	C	2.32%
TJX	A	1.97%
COP	D	1.94%
PAYC	A	1.93%
MPC	D	1.83%
MRO	B	1.83%
DFS	B	1.82%
ROST	C	1.69%
OKE	B	1.67%
ULTA	F	1.64%
CVX	A	1.62%
JBL	C	1.59%
PANW	B	1.57%
NUE	D	1.56%
LULU	C	1.52%
BLDR	D	1.52%
FANG	F	1.51%
XOM	C	1.45%
PSX	C	1.44%
TPR	A	1.38%
COF	B	1.36%
CTRA	B	1.35%
DE	B	1.34%
PCAR	B	1.33%
CAT	B	1.33%
NXPI	D	1.32%
IT	C	1.31%
GPC	D	1.28%
DHI	D	1.26%
SYY	C	1.24%
PHM	D	1.18%
ACGL	D	1.16%
MA	A	1.16%
GWW	A	1.13%
L	A	1.13%
AMP	A	1.12%
BRK.A	B	1.1%
DECK	B	1.1%
ODFL	B	1.09%
WRB	A	1.04%
MOH	D	1.03%
KLAC	D	1.03%
CPRT	A	1.0%
EG	C	0.99%
MOS	F	0.98%
LEN	D	0.98%
DVN	F	0.96%
CB	C	0.95%
V	A	0.92%
HAL	C	0.82%
OXY	F	0.79%
AMAT	F	0.75%
ADM	D	0.7%
CE	F	0.57%

SPGP Underweight 319 Positions Relative to CLSE

Symbol	Grade	Weight
GOOGL	C	-3.47%
AMZN	B	-2.53%
AVGO	D	-2.28%
APP	B	-2.25%
MU	D	-2.13%
CVNA	B	-1.85%
WMT	A	-1.82%
QCOM	F	-1.73%
IDCC	A	-1.51%
GDDY	A	-1.42%
CVLT	A	-1.4%
DOCU	B	-1.37%
PYPL	B	-1.33%
ORCL	B	-1.33%
ACIW	B	-1.3%
TSLA	B	-1.22%
JHG	A	-1.21%
NTNX	B	-1.16%
HD	B	-1.13%
BMY	B	-1.11%
NTRS	A	-1.08%
GILD	B	-1.07%
SNEX	B	-1.06%
PLTR	B	-1.02%
NTAP	B	-1.0%
LNG	A	-0.97%
SEIC	A	-0.95%
HALO	F	-0.9%
AMRX	D	-0.9%
BFH	B	-0.88%
GM	C	-0.87%
COR	A	-0.86%
CAH	B	-0.86%
PPC	C	-0.85%
GVA	B	-0.84%
MLI	C	-0.84%
CARG	B	-0.83%
JNJ	D	-0.83%
BAC	A	-0.81%
PRIM	B	-0.8%
MO	A	-0.79%
NFLX	B	-0.79%
THC	D	-0.78%
FITB	B	-0.78%
DVA	A	-0.78%
IESC	B	-0.77%
CPNG	C	-0.77%
EME	B	-0.75%
WFC	A	-0.75%
CNX	B	-0.74%
FTI	A	-0.74%
UTHR	B	-0.73%
PNC	A	-0.72%
ABBV	D	-0.72%
RF	B	-0.72%
STRL	B	-0.71%
ZION	B	-0.71%
CMA	A	-0.71%
NRG	B	-0.71%
UHS	D	-0.7%
TMUS	A	-0.7%
CEIX	B	-0.7%
GEN	A	-0.68%
VRT	B	-0.68%
APH	B	-0.67%
UMBF	B	-0.66%
ALSN	B	-0.66%
MTZ	A	-0.66%
AVT	C	-0.66%
MWA	B	-0.65%
BLK	C	-0.65%
JPM	B	-0.64%
CHRW	C	-0.61%
EXPE	B	-0.61%
TSN	B	-0.6%
FFIV	A	-0.6%
FTDR	B	-0.58%
AMG	B	-0.58%
LDOS	D	-0.55%
VST	B	-0.55%
RGA	A	-0.55%
GLW	B	-0.52%
MET	A	-0.52%
SLVM	B	-0.5%
UI	B	-0.49%
EXP	B	-0.48%
CACI	D	-0.48%
PNW	A	-0.48%
AVA	B	-0.47%
UNP	C	-0.47%
PGR	A	-0.46%
DUOL	B	-0.45%
PG	A	-0.45%
ALL	A	-0.45%
BKNG	A	-0.44%
LPX	B	-0.43%
CTRE	D	-0.42%
SCCO	F	-0.41%
RMD	C	-0.4%
JXN	B	-0.39%
SR	A	-0.38%
R	A	-0.38%
SPG	A	-0.37%
CNA	B	-0.37%
GRMN	B	-0.37%
OUT	A	-0.36%
EQR	A	-0.35%
CCL	B	-0.35%
CDP	C	-0.34%
RGLD	C	-0.32%
CNC	F	-0.31%
PTON	B	-0.31%
LAMR	C	-0.31%
J	D	-0.31%
MPWR	F	-0.3%
CVS	D	-0.29%
T	A	-0.29%
MDT	D	-0.29%
IIPR	D	-0.28%
NVR	D	-0.24%
MATX	C	-0.22%
NEM	F	-0.22%
TOL	B	-0.22%
EEFT	B	-0.22%
FLR	B	-0.21%
JLL	B	-0.2%
MUSA	A	-0.2%
ABM	B	-0.19%
BAH	F	-0.18%
KR	A	-0.17%
NTRA	B	-0.17%
BOX	A	-0.17%
JAZZ	B	-0.16%
FOXA	C	-0.14%
EXPD	D	-0.14%
FN	D	-0.13%
PRU	A	-0.13%
VCTR	A	-0.12%
VCYT	A	-0.12%
CINF	A	-0.12%
CDE	D	-0.11%
ILMN	C	-0.1%
AEIS	B	-0.07%
HQY	B	-0.07%
QQQ	A	-0.0%
LNTH	D	-0.0%
PENN	C	--0.05%
KNX	B	--0.06%
HGV	C	--0.06%
HUN	F	--0.07%
EXAS	D	--0.07%
RYN	C	--0.07%
COOP	B	--0.07%
CCS	D	--0.07%
BC	D	--0.08%
JOE	F	--0.08%
AES	F	--0.08%
FLYW	C	--0.08%
GNTX	C	--0.09%
JBLU	F	--0.09%
NSC	A	--0.1%
MCW	C	--0.1%
ABG	B	--0.1%
ATO	A	--0.1%
ACVA	B	--0.11%
ENPH	F	--0.11%
CGON	D	--0.11%
EL	F	--0.12%
RBA	B	--0.12%
FL	D	--0.12%
PCH	C	--0.12%
DLR	A	--0.13%
EXR	C	--0.13%
AVAV	D	--0.13%
ALIT	C	--0.13%
VMC	B	--0.13%
BPOP	B	--0.14%
PYCR	C	--0.14%
DAY	B	--0.14%
REXR	F	--0.14%
ARWR	D	--0.14%
MKL	A	--0.14%
AA	A	--0.14%
EQIX	A	--0.14%
CZR	D	--0.15%
COLD	D	--0.15%
APD	A	--0.15%
GTLS	A	--0.15%
CRL	D	--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%
ALB	C	--0.16%
UHAL	D	--0.16%
AGO	B	--0.16%
EW	C	--0.16%
SITE	C	--0.16%
SW	B	--0.17%
TEX	D	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
LKQ	D	--0.17%
MASI	B	--0.17%
AJG	A	--0.17%
KRG	A	--0.17%
ENOV	C	--0.18%
CHDN	C	--0.18%
UEC	B	--0.18%
EBC	B	--0.18%
AGCO	D	--0.18%
COTY	F	--0.18%
AL	B	--0.18%
CNH	B	--0.18%
BRKR	F	--0.18%
C	B	--0.19%
WAL	B	--0.19%
AIR	B	--0.19%
KNSL	B	--0.2%
SRE	B	--0.2%
GATX	B	--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	B	--0.22%
MTN	C	--0.22%
SAIA	B	--0.22%
SUM	B	--0.22%
EQT	B	--0.23%
PSA	C	--0.23%
XYL	D	--0.23%
WTRG	B	--0.24%
ELF	C	--0.24%
IONS	D	--0.24%
GPOR	B	--0.24%
CELH	F	--0.24%
HSY	F	--0.24%
DELL	C	--0.25%
KEY	B	--0.25%
BILL	B	--0.26%
NEOG	F	--0.26%
AUR	C	--0.26%
AWK	D	--0.26%
VAL	F	--0.27%
FOUR	B	--0.27%
STNE	F	--0.27%
TEAM	B	--0.27%
MSCI	B	--0.27%
PTEN	C	--0.27%
MNST	B	--0.28%
SOFI	B	--0.28%
ESTC	C	--0.29%
MDB	C	--0.29%
XP	F	--0.29%
MKTX	D	--0.29%
CYTK	F	--0.3%
LYV	B	--0.3%
NDAQ	A	--0.3%
APLS	C	--0.3%
APTV	F	--0.32%
GTLB	C	--0.32%
VVV	F	--0.33%
CCOI	B	--0.33%
LPLA	A	--0.34%
ZBRA	A	--0.34%
ABNB	C	--0.34%
INSP	D	--0.34%
FCNCA	B	--0.35%
APO	A	--0.35%
AFRM	B	--0.35%
CACC	C	--0.36%
COHR	C	--0.36%
BBIO	D	--0.36%
ZI	D	--0.36%
BEN	C	--0.36%
DG	F	--0.4%
SATS	C	--0.4%
BA	F	--0.4%
RBLX	C	--0.41%
DLTR	D	--0.41%
PINS	D	--0.41%
U	C	--0.41%
RIVN	D	--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	C	--0.46%
CDNS	B	--0.46%
MRNA	F	--0.47%
SMCI	F	--0.47%
RH	B	--0.47%
CFLT	B	--0.47%
CHTR	B	--0.48%
CSCO	A	--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%
DXCM	C	--0.63%
WDC	C	--0.65%
LSCC	D	--0.7%
ROP	B	--0.7%
TXN	D	--0.81%
INTC	D	--0.93%
FSLR	F	--1.26%