VFQY vs. CLSE ETF Comparison

Comparison of Vanguard U.S. Quality Factor ETF (VFQY) to Convergence Long/Short Equity ETF (CLSE)

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$141.67

Average Daily Volume

10,031

Number of Holdings ^*

354

* 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

$22.20

Average Daily Volume

47,703

Number of Holdings ^*

325

* may have additional holdings in another (foreign) market

Performance

Period	VFQY	CLSE
30 Days	0.17%	2.35%
60 Days	2.10%	7.56%
90 Days	5.95%	2.21%
12 Months	28.71%	37.80%

54 Overlapping Holdings

Symbol	Grade	Weight in VFQY	Weight in CLSE	Overlap
AAPL	C	2.18%	2.17%	2.17%
ABBV	A	0.71%	1.03%	0.71%
ADBE	F	1.81%	-0.37%	-0.37%
AMZN	C	1.06%	2.44%	1.06%
ANF	D	0.55%	0.23%	0.23%
AVAV	B	0.07%	-0.18%	-0.18%
BKNG	C	0.03%	0.26%	0.03%
CAT	A	0.36%	0.34%	0.34%
CFG	D	0.23%	0.57%	0.23%
CHRW	A	0.69%	0.63%	0.63%
CPNG	C	0.22%	0.27%	0.22%
CVLT	C	0.46%	1.64%	0.46%
DLTR	F	0.34%	-0.29%	-0.29%
DOCU	B	0.27%	1.21%	0.27%
EL	D	0.06%	-0.21%	-0.21%
EME	C	0.08%	0.84%	0.08%
ENPH	D	0.09%	-0.36%	-0.36%
EXPE	B	0.38%	0.5%	0.38%
GILD	A	2.06%	0.93%	0.93%
GOOGL	C	0.21%	3.05%	0.21%
HSY	D	0.11%	-0.28%	-0.28%
IESC	B	0.15%	0.54%	0.15%
JNJ	C	1.3%	0.96%	0.96%
JXN	C	0.28%	0.69%	0.28%
KLAC	D	1.59%	0.46%	0.46%
KMB	B	0.09%	0.39%	0.09%
KR	B	0.45%	0.17%	0.17%
LNTH	C	0.32%	0.47%	0.32%
LSCC	D	0.04%	-0.65%	-0.65%
MCHP	F	0.7%	-0.51%	-0.51%
META	A	0.62%	3.19%	0.62%
MLI	B	0.19%	0.77%	0.19%
MPC	F	0.53%	0.74%	0.53%
MRK	F	1.22%	0.54%	0.54%
MUSA	D	0.07%	0.47%	0.07%
NTAP	D	0.61%	1.88%	0.61%
NTRS	C	0.3%	0.98%	0.3%
NVDA	C	0.73%	3.93%	0.73%
NVR	A	0.1%	0.31%	0.1%
PG	C	0.26%	0.72%	0.26%
POOL	B	0.41%	-0.57%	-0.57%
PYPL	C	0.28%	1.03%	0.28%
QCOM	D	1.87%	2.6%	1.87%
SEIC	B	0.08%	0.82%	0.08%
SLVM	C	0.11%	0.56%	0.11%
SM	F	0.11%	0.33%	0.11%
SPOT	B	0.09%	0.13%	0.09%
STRL	C	0.1%	0.65%	0.1%
SYF	C	0.32%	0.9%	0.32%
TREX	D	0.27%	-0.22%	-0.22%
TXG	F	0.12%	-0.18%	-0.18%
VRT	C	0.2%	0.51%	0.2%
WBA	F	0.1%	-0.22%	-0.22%
WMT	A	1.73%	1.95%	1.73%

VFQY Overweight 300 Positions Relative to CLSE

Symbol	Grade	Weight
MMM	B	1.86%
TJX	C	1.64%
LRCX	F	1.57%
IDXX	D	1.57%
TGT	C	1.47%
V	C	1.43%
NKE	D	1.39%
AXP	A	1.39%
PEP	D	1.33%
COST	C	1.15%
CTAS	C	1.1%
LULU	D	1.09%
ROST	C	0.77%
ADSK	C	0.77%
LLY	D	0.73%
EQH	C	0.7%
AIG	F	0.67%
AMAT	D	0.67%
PAYX	A	0.66%
AMP	A	0.62%
LSTR	D	0.58%
FAST	C	0.57%
AYI	A	0.55%
STT	B	0.53%
MSM	D	0.53%
SLM	C	0.51%
DCI	B	0.51%
PRI	A	0.51%
RPM	C	0.5%
ADP	A	0.49%
BBY	B	0.49%
EOG	D	0.49%
FBP	D	0.49%
AFL	A	0.47%
TDC	D	0.45%
FLO	C	0.44%
RHI	D	0.43%
BPOP	D	0.42%
QLYS	F	0.42%
RL	B	0.42%
EBAY	A	0.42%
DKS	D	0.42%
AX	D	0.4%
DECK	C	0.4%
MAT	C	0.4%
ROK	D	0.37%
CNO	C	0.37%
CASH	D	0.37%
CDNS	D	0.37%
KD	F	0.37%
BLDR	B	0.37%
WFRD	F	0.37%
ECL	A	0.37%
IT	C	0.36%
SSD	C	0.35%
KVUE	C	0.35%
BJ	D	0.34%
MPWR	C	0.34%
MANH	C	0.34%
WSFS	D	0.34%
CNM	F	0.34%
M	F	0.34%
ZION	D	0.34%
SKX	C	0.33%
EA	D	0.33%
UFPI	B	0.33%
OFG	D	0.33%
EW	F	0.32%
WLY	B	0.32%
CHE	B	0.32%
VMI	B	0.32%
NSP	F	0.31%
TBBK	C	0.31%
BLBD	D	0.3%
AOS	B	0.3%
ALKS	C	0.3%
TPL	B	0.3%
TPR	B	0.3%
APOG	B	0.29%
APPF	C	0.29%
NTB	D	0.29%
ULTA	D	0.28%
MEDP	F	0.28%
K	B	0.28%
GL	C	0.27%
LECO	F	0.26%
WMS	D	0.25%
GPC	D	0.25%
LMB	C	0.25%
CRUS	D	0.25%
KFRC	F	0.24%
EXPD	B	0.24%
PSTG	F	0.24%
HAS	A	0.24%
AIT	A	0.24%
CR	B	0.23%
A	B	0.23%
PVH	F	0.22%
PII	D	0.22%
TNET	F	0.22%
MSA	D	0.22%
LOPE	D	0.22%
CASY	D	0.22%
ELF	F	0.21%
BBW	B	0.21%
SHOO	A	0.21%
SMAR	A	0.2%
FIZZ	C	0.2%
WDFC	C	0.2%
PJT	C	0.19%
NUS	F	0.19%
SNPS	F	0.19%
TK	B	0.19%
AVY	B	0.18%
CRVL	C	0.18%
ODP	F	0.18%
EXTR	D	0.18%
SIG	C	0.18%
PLAB	D	0.18%
SAM	D	0.18%
BBSI	A	0.18%
GWW	A	0.18%
EPAC	C	0.18%
JKHY	A	0.18%
PINS	D	0.17%
MA	A	0.17%
NMIH	C	0.17%
SCS	D	0.17%
OLN	D	0.17%
OXY	F	0.17%
BCC	B	0.16%
BXC	D	0.16%
JBSS	F	0.16%
ROL	B	0.16%
PLMR	C	0.16%
WTS	B	0.16%
YELP	F	0.16%
OXM	F	0.16%
YOU	C	0.15%
GMS	D	0.15%
CSWI	B	0.15%
CHCO	D	0.15%
BOKF	D	0.15%
IDT	C	0.15%
ASO	D	0.14%
HCKT	C	0.14%
CUBI	F	0.14%
GIII	C	0.14%
ATEN	C	0.14%
PEGA	C	0.14%
WABC	F	0.14%
WHD	B	0.14%
MOH	D	0.14%
HAE	D	0.13%
HNI	B	0.13%
AAP	F	0.13%
KO	B	0.13%
TER	D	0.13%
CAL	F	0.13%
FFIV	C	0.13%
AON	A	0.13%
MAN	D	0.12%
PRMW	C	0.12%
COKE	B	0.12%
HWKN	A	0.12%
CSGS	C	0.12%
SFIX	F	0.12%
BHF	F	0.12%
RS	D	0.12%
SONO	D	0.12%
BELFB	B	0.12%
CEIX	B	0.12%
MRC	D	0.12%
INDB	D	0.12%
LANC	F	0.12%
SRCE	D	0.11%
FIX	B	0.11%
CMI	B	0.11%
TRIP	F	0.11%
ASC	D	0.11%
BKE	C	0.11%
KAI	C	0.11%
EGY	D	0.11%
TTC	D	0.11%
CATY	D	0.11%
TILE	B	0.11%
PRDO	D	0.1%
CVBF	D	0.1%
LZB	C	0.1%
UVE	C	0.1%
MCRI	B	0.1%
CRCT	C	0.1%
SOLV	D	0.1%
FC	C	0.1%
DFIN	D	0.1%
ARLO	F	0.1%
NYT	B	0.1%
MLKN	F	0.1%
ODFL	D	0.1%
CPF	C	0.1%
GGG	B	0.09%
NSSC	F	0.09%
BHLB	D	0.09%
PRLB	F	0.09%
CDRE	B	0.09%
VRTS	F	0.09%
PSMT	B	0.09%
IOSP	F	0.09%
BK	C	0.09%
TNC	F	0.09%
UAA	B	0.08%
ZEUS	F	0.08%
CARG	C	0.08%
ATKR	F	0.08%
DAKT	D	0.08%
ETH	D	0.08%
MBUU	D	0.08%
BRKR	D	0.08%
VITL	C	0.08%
PPG	D	0.08%
ANIP	D	0.08%
AEO	C	0.08%
CCRN	F	0.07%
MYE	F	0.07%
HOLX	D	0.07%
CRAI	B	0.07%
POWL	A	0.07%
RDN	D	0.07%
AMAL	D	0.07%
MCO	C	0.07%
CBU	D	0.07%
MCFT	F	0.07%
MTG	B	0.07%
STLD	C	0.07%
CNXN	C	0.07%
EVER	D	0.07%
BMI	A	0.07%
GTLB	D	0.07%
CTS	D	0.06%
OSUR	F	0.06%
WTTR	D	0.06%
RGP	F	0.06%
PDCO	F	0.06%
THRY	F	0.06%
TNK	D	0.06%
APAM	C	0.06%
SUPN	D	0.06%
MYGN	D	0.06%
OEC	F	0.06%
FULT	D	0.06%
CDW	D	0.06%
LPX	A	0.05%
EGBN	C	0.05%
GOLF	F	0.05%
SCHL	D	0.05%
PCRX	F	0.05%
MBIN	D	0.05%
SBSI	D	0.05%
BLD	C	0.05%
FELE	B	0.05%
LYTS	B	0.05%
CHGG	F	0.05%
HY	F	0.05%
ARCH	D	0.05%
ALGN	D	0.05%
SPTN	B	0.05%
AMR	F	0.05%
RMD	C	0.05%
SXC	F	0.04%
YEXT	B	0.04%
EXLS	B	0.04%
CDNA	C	0.04%
DKNG	D	0.04%
REVG	D	0.04%
EYE	F	0.04%
SNA	B	0.04%
SXI	B	0.04%
MOV	F	0.04%
CLW	F	0.04%
INCY	B	0.03%
DUOL	B	0.03%
LKFN	D	0.03%
DHIL	C	0.03%
WNC	F	0.03%
KELYA	D	0.03%
CACC	F	0.03%
ROKU	D	0.03%
DXLG	F	0.03%
OII	D	0.03%
BECN	F	0.03%
OC	B	0.02%
PFBC	D	0.02%
PRTS	D	0.02%
KEYS	C	0.02%
KRNY	D	0.02%
CPRX	C	0.02%
USNA	F	0.02%
TCMD	C	0.02%
ACAD	F	0.02%
RYI	F	0.02%

VFQY Underweight 271 Positions Relative to CLSE

Symbol	Grade	Weight
AVGO	C	-2.6%
APP	B	-1.96%
ANET	B	-1.87%
CVNA	A	-1.74%
IBM	C	-1.71%
HPE	C	-1.63%
GDDY	D	-1.55%
GOOG	C	-1.25%
ORCL	C	-1.23%
HD	A	-1.18%
ACIW	A	-1.14%
MSFT	C	-1.12%
HALO	D	-1.05%
T	A	-1.03%
SNEX	C	-1.03%
AMG	C	-1.02%
JHG	C	-0.99%
MU	D	-0.97%
AVT	B	-0.92%
AMRX	A	-0.89%
OGN	D	-0.89%
THC	C	-0.85%
DVA	B	-0.84%
IDCC	A	-0.83%
BAC	D	-0.82%
UHS	D	-0.82%
VLO	F	-0.8%
NTNX	D	-0.8%
MO	B	-0.77%
FTDR	C	-0.76%
UMBF	C	-0.73%
PPC	A	-0.73%
CNC	F	-0.73%
BG	D	-0.72%
IIPR	C	-0.68%
GVA	B	-0.65%
FITB	C	-0.62%
OSCR	C	-0.6%
JPM	D	-0.6%
CAH	B	-0.6%
UNP	C	-0.59%
RF	C	-0.59%
VST	B	-0.59%
XOM	B	-0.59%
PATK	B	-0.58%
TSLA	B	-0.58%
DVN	F	-0.58%
TSN	D	-0.57%
PRIM	C	-0.57%
WFC	D	-0.57%
ADMA	B	-0.56%
MTZ	C	-0.56%
GM	D	-0.56%
NRG	A	-0.56%
AMGN	D	-0.55%
AVA	B	-0.55%
PNW	A	-0.55%
NEE	A	-0.55%
MET	A	-0.55%
PGR	C	-0.54%
RGA	C	-0.54%
MWA	B	-0.54%
NEM	C	-0.53%
LMT	A	-0.53%
CVX	D	-0.52%
FDX	D	-0.52%
HRB	C	-0.51%
BMY	B	-0.5%
NSA	C	-0.49%
CNA	D	-0.49%
RTX	A	-0.49%
EEFT	F	-0.46%
ACT	C	-0.46%
MCK	F	-0.45%
REZI	F	-0.44%
LAMR	C	-0.43%
EQR	C	-0.43%
RGLD	C	-0.42%
MRO	D	-0.41%
SCCO	B	-0.4%
LDOS	A	-0.4%
SPG	A	-0.4%
FCX	B	-0.39%
SAIC	B	-0.39%
KNF	C	-0.38%
CTRE	B	-0.36%
J	D	-0.36%
TOL	A	-0.35%
BCO	A	-0.34%
ABM	D	-0.34%
GLW	C	-0.33%
ALSN	A	-0.33%
EXP	C	-0.33%
STAG	D	-0.33%
IBP	C	-0.33%
NFLX	C	-0.31%
VTRS	D	-0.31%
JLL	B	-0.3%
CCL	C	-0.25%
MHO	A	-0.19%
NTRA	B	-0.15%
ADUS	C	-0.12%
ALNY	B	-0.12%
GRMN	D	-0.09%
QQQ	C	-0.0%
JOBY	F	--0.04%
AEE	A	--0.04%
BC	C	--0.05%
WOR	F	--0.05%
CAR	D	--0.06%
FOXF	F	--0.08%
AES	B	--0.08%
ALIT	D	--0.08%
CZR	C	--0.09%
NXST	D	--0.09%
DRVN	C	--0.1%
VAC	D	--0.1%
HGV	F	--0.1%
AWR	B	--0.1%
MCW	F	--0.1%
WTW	A	--0.1%
HHH	B	--0.11%
ACVA	C	--0.11%
AGL	F	--0.11%
PGNY	F	--0.12%
AAL	D	--0.12%
VAL	F	--0.12%
COLD	D	--0.12%
VSAT	F	--0.12%
VMC	D	--0.12%
CC	D	--0.13%
LAD	B	--0.13%
PPBI	D	--0.14%
RBLX	C	--0.14%
AA	C	--0.14%
VFC	B	--0.14%
SJM	B	--0.15%
EXR	C	--0.15%
PCH	C	--0.15%
MTN	D	--0.15%
DAY	C	--0.15%
PYCR	D	--0.15%
CHDN	D	--0.16%
CLDX	F	--0.16%
CG	C	--0.16%
WY	B	--0.16%
WTRG	D	--0.16%
ILMN	C	--0.16%
AESI	C	--0.16%
KRG	C	--0.16%
CHK	C	--0.16%
CIEN	B	--0.17%
CGON	C	--0.17%
UHAL	A	--0.17%
WAL	C	--0.17%
OKE	C	--0.18%
GTLS	F	--0.18%
VNO	B	--0.18%
UEC	C	--0.18%
HI	F	--0.18%
BEAM	F	--0.18%
ENOV	F	--0.18%
CNH	C	--0.19%
KNSL	D	--0.19%
BIRK	F	--0.2%
BANC	C	--0.2%
XPO	F	--0.2%
BE	F	--0.2%
APD	C	--0.2%
LKQ	F	--0.2%
WOLF	F	--0.2%
NTLA	F	--0.2%
CINF	A	--0.2%
TFC	D	--0.2%
TTD	C	--0.2%
FCNCA	D	--0.2%
COLB	C	--0.21%
RBA	D	--0.21%
LUV	C	--0.21%
IRTC	F	--0.21%
TMDX	D	--0.21%
AJG	D	--0.21%
AGCO	D	--0.21%
SHC	C	--0.22%
SBUX	B	--0.22%
GPOR	B	--0.22%
SOFI	D	--0.22%
CSCO	A	--0.23%
IPAR	D	--0.23%
COTY	F	--0.23%
XYL	B	--0.23%
WTM	D	--0.23%
SW	B	--0.24%
DXCM	F	--0.24%
CNX	A	--0.24%
RNR	A	--0.24%
FLYW	F	--0.24%
AEIS	D	--0.24%
VSH	F	--0.25%
WSC	D	--0.25%
BIO	B	--0.25%
SUM	D	--0.25%
EQT	C	--0.26%
PTEN	F	--0.26%
WAT	B	--0.26%
ALB	D	--0.26%
SITE	D	--0.27%
APLS	F	--0.27%
AL	D	--0.27%
HASI	C	--0.27%
GMED	D	--0.28%
GT	F	--0.28%
VVV	D	--0.28%
GE	C	--0.29%
CELH	F	--0.29%
LW	D	--0.29%
FDS	C	--0.3%
PSA	C	--0.31%
INSP	C	--0.31%
LVS	B	--0.31%
PEN	D	--0.31%
SRE	A	--0.32%
TOST	B	--0.32%
D	A	--0.32%
NEOG	D	--0.32%
RVMD	B	--0.33%
EVTC	D	--0.33%
MARA	F	--0.33%
MRNA	F	--0.33%
MNST	D	--0.33%
ON	F	--0.34%
FOUR	B	--0.34%
LPLA	D	--0.35%
IAC	C	--0.35%
NDAQ	C	--0.35%
EXAS	C	--0.35%
ZI	D	--0.36%
BBIO	F	--0.36%
FIVN	F	--0.36%
AFRM	C	--0.36%
MKTX	C	--0.36%
LYV	A	--0.37%
KLIC	D	--0.37%
BA	F	--0.38%
ZBRA	C	--0.38%
RIOT	F	--0.39%
BRZE	F	--0.4%
RIVN	F	--0.4%
PATH	D	--0.4%
C	B	--0.42%
WBD	D	--0.43%
CCOI	B	--0.44%
CGNX	F	--0.44%
GLOB	D	--0.45%
TTWO	F	--0.46%
SATS	C	--0.46%
MDB	D	--0.47%
FIVE	D	--0.48%
DV	F	--0.49%
BILL	D	--0.49%
CFLT	F	--0.53%
RH	C	--0.56%
LBRDK	C	--0.58%
SMCI	F	--0.58%
WDC	C	--0.6%
U	D	--0.63%
FND	B	--0.63%
GFS	F	--0.67%
LITE	C	--0.73%
TXN	C	--0.86%
INTC	D	--0.89%