XMHQ vs. CLSE ETF Comparison

Comparison of Invesco S&P MidCap Quality ETF (XMHQ) to Convergence Long/Short Equity ETF (CLSE)

XMHQ

Invesco S&P MidCap Quality ETF

XMHQ Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400Â® Quality 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 first calculates the quality score of each security in the S&P MidCap 400Â® Index.

Grade (RS Rating)

Last Trade

$102.40

Average Daily Volume

300,583

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

$22.02

Average Daily Volume

50,834

Number of Holdings ^*

325

* may have additional holdings in another (foreign) market

Performance

Period	XMHQ	CLSE
30 Days	2.15%	1.80%
60 Days	0.92%	5.28%
90 Days	5.69%	2.71%
12 Months	27.31%	36.41%

17 Overlapping Holdings

Symbol	Grade	Weight in XMHQ	Weight in CLSE	Overlap
CELH	F	1.39%	-0.29%	-0.29%
CHK	C	1.12%	-0.16%	-0.16%
CVLT	B	1.21%	1.64%	1.21%
EME	B	3.22%	0.84%	0.84%
EXP	B	1.36%	0.33%	0.33%
KNSL	D	1.69%	-0.19%	-0.19%
LNTH	D	1.24%	0.47%	0.47%
LSCC	D	1.14%	-0.65%	-0.65%
MUSA	D	1.3%	0.47%	0.47%
RGLD	C	1.28%	0.42%	0.42%
RNR	B	2.26%	-0.24%	-0.24%
SAIC	C	1.08%	0.39%	0.39%
SEIC	B	1.06%	0.82%	0.82%
THC	C	2.4%	0.85%	0.85%
TOL	A	1.97%	0.35%	0.35%
TREX	F	1.28%	-0.22%	-0.22%
VVV	D	0.76%	-0.28%	-0.28%

XMHQ Overweight 62 Positions Relative to CLSE

Symbol	Grade	Weight
MANH	B	3.92%
WSM	C	3.84%
CSL	B	3.67%
ERIE	B	2.43%
RS	D	2.14%
FIX	B	2.09%
OC	C	1.93%
GGG	C	1.93%
LECO	D	1.84%
PSTG	F	1.81%
BLD	C	1.8%
MEDP	F	1.74%
DKS	D	1.66%
DT	C	1.57%
CW	B	1.57%
WMS	D	1.56%
CROX	C	1.37%
CHE	C	1.32%
CNM	F	1.25%
CR	B	1.25%
AFG	C	1.22%
UFPI	C	1.18%
INGR	B	1.17%
AYI	B	1.16%
PRI	B	1.15%
AIT	B	1.13%
LSTR	D	1.08%
SSD	C	1.06%
WFRD	F	1.05%
DCI	C	1.04%
DINO	F	0.95%
KBH	C	0.95%
PCTY	D	0.95%
RLI	B	0.94%
COKE	C	0.91%
MSA	D	0.88%
CHX	F	0.86%
ELF	F	0.85%
ESNT	B	0.83%
MTG	B	0.82%
CBT	B	0.81%
EXPO	B	0.81%
CRUS	D	0.8%
G	C	0.78%
MDU	B	0.77%
VNT	F	0.77%
QLYS	D	0.76%
MSM	D	0.65%
NEU	D	0.59%
NSP	F	0.56%
LOPE	D	0.53%
ENS	C	0.51%
LANC	F	0.5%
YETI	D	0.48%
TEX	F	0.47%
FHI	B	0.43%
IBOC	D	0.42%
SAM	D	0.4%
CRI	D	0.4%
VC	F	0.39%
CACC	F	0.37%
HELE	D	0.19%

XMHQ Underweight 308 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	C	-3.93%
META	B	-3.19%
GOOGL	D	-3.05%
AVGO	C	-2.6%
QCOM	D	-2.6%
AMZN	C	-2.44%
AAPL	C	-2.17%
APP	C	-1.96%
WMT	B	-1.95%
NTAP	D	-1.88%
ANET	C	-1.87%
CVNA	B	-1.74%
IBM	B	-1.71%
HPE	C	-1.63%
GDDY	C	-1.55%
GOOG	D	-1.25%
ORCL	B	-1.23%
DOCU	C	-1.21%
HD	B	-1.18%
ACIW	B	-1.14%
MSFT	C	-1.12%
HALO	D	-1.05%
T	B	-1.03%
ABBV	B	-1.03%
PYPL	B	-1.03%
SNEX	C	-1.03%
AMG	C	-1.02%
JHG	B	-0.99%
NTRS	C	-0.98%
MU	D	-0.97%
JNJ	C	-0.96%
GILD	B	-0.93%
AVT	B	-0.92%
SYF	C	-0.9%
AMRX	C	-0.89%
OGN	D	-0.89%
DVA	B	-0.84%
IDCC	B	-0.83%
BAC	D	-0.82%
UHS	C	-0.82%
VLO	F	-0.8%
NTNX	D	-0.8%
MLI	B	-0.77%
MO	C	-0.77%
FTDR	B	-0.76%
MPC	F	-0.74%
UMBF	C	-0.73%
PPC	D	-0.73%
CNC	D	-0.73%
PG	C	-0.72%
BG	F	-0.72%
JXN	B	-0.69%
IIPR	B	-0.68%
GVA	B	-0.65%
STRL	C	-0.65%
CHRW	B	-0.63%
FITB	B	-0.62%
OSCR	D	-0.6%
JPM	D	-0.6%
CAH	C	-0.6%
UNP	D	-0.59%
RF	B	-0.59%
VST	B	-0.59%
XOM	D	-0.59%
PATK	C	-0.58%
TSLA	C	-0.58%
DVN	F	-0.58%
TSN	D	-0.57%
PRIM	B	-0.57%
WFC	D	-0.57%
CFG	D	-0.57%
SLVM	C	-0.56%
ADMA	C	-0.56%
MTZ	C	-0.56%
GM	C	-0.56%
NRG	B	-0.56%
AMGN	D	-0.55%
AVA	B	-0.55%
PNW	C	-0.55%
NEE	B	-0.55%
MET	B	-0.55%
PGR	C	-0.54%
IESC	B	-0.54%
RGA	C	-0.54%
MRK	F	-0.54%
MWA	B	-0.54%
NEM	C	-0.53%
LMT	A	-0.53%
CVX	F	-0.52%
FDX	D	-0.52%
VRT	C	-0.51%
HRB	C	-0.51%
BMY	C	-0.5%
EXPE	C	-0.5%
NSA	C	-0.49%
CNA	D	-0.49%
RTX	B	-0.49%
EEFT	F	-0.46%
ACT	C	-0.46%
KLAC	D	-0.46%
MCK	F	-0.45%
REZI	D	-0.44%
LAMR	B	-0.43%
EQR	C	-0.43%
MRO	D	-0.41%
SCCO	C	-0.4%
LDOS	A	-0.4%
SPG	B	-0.4%
FCX	C	-0.39%
KMB	C	-0.39%
KNF	C	-0.38%
CTRE	C	-0.36%
J	A	-0.36%
BCO	B	-0.34%
CAT	B	-0.34%
ABM	D	-0.34%
GLW	B	-0.33%
SM	F	-0.33%
ALSN	B	-0.33%
STAG	D	-0.33%
IBP	C	-0.33%
NFLX	B	-0.31%
NVR	B	-0.31%
VTRS	D	-0.31%
JLL	B	-0.3%
CPNG	B	-0.27%
BKNG	B	-0.26%
CCL	C	-0.25%
ANF	D	-0.23%
MHO	B	-0.19%
KR	B	-0.17%
NTRA	C	-0.15%
SPOT	C	-0.13%
ADUS	C	-0.12%
ALNY	C	-0.12%
GRMN	D	-0.09%
QQQ	B	-0.0%
JOBY	F	--0.04%
AEE	B	--0.04%
BC	C	--0.05%
WOR	F	--0.05%
CAR	D	--0.06%
FOXF	F	--0.08%
AES	C	--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	C	--0.1%
MCW	F	--0.1%
WTW	B	--0.1%
HHH	C	--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	C	--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	C	--0.15%
EXR	C	--0.15%
PCH	C	--0.15%
MTN	D	--0.15%
DAY	D	--0.15%
PYCR	D	--0.15%
CHDN	D	--0.16%
CLDX	F	--0.16%
CG	C	--0.16%
WY	C	--0.16%
WTRG	D	--0.16%
ILMN	D	--0.16%
AESI	D	--0.16%
KRG	C	--0.16%
CIEN	B	--0.17%
CGON	C	--0.17%
UHAL	B	--0.17%
WAL	B	--0.17%
OKE	C	--0.18%
GTLS	F	--0.18%
VNO	B	--0.18%
AVAV	C	--0.18%
UEC	D	--0.18%
HI	F	--0.18%
BEAM	F	--0.18%
ENOV	F	--0.18%
TXG	D	--0.18%
CNH	C	--0.19%
BIRK	F	--0.2%
BANC	C	--0.2%
XPO	D	--0.2%
BE	F	--0.2%
APD	B	--0.2%
LKQ	F	--0.2%
WOLF	F	--0.2%
NTLA	F	--0.2%
CINF	C	--0.2%
TFC	D	--0.2%
TTD	B	--0.2%
FCNCA	D	--0.2%
COLB	B	--0.21%
RBA	D	--0.21%
LUV	C	--0.21%
IRTC	F	--0.21%
TMDX	C	--0.21%
AJG	D	--0.21%
AGCO	D	--0.21%
EL	D	--0.21%
SHC	C	--0.22%
SBUX	C	--0.22%
WBA	F	--0.22%
GPOR	C	--0.22%
SOFI	D	--0.22%
CSCO	B	--0.23%
IPAR	D	--0.23%
COTY	D	--0.23%
XYL	C	--0.23%
WTM	F	--0.23%
SW	B	--0.24%
DXCM	F	--0.24%
CNX	B	--0.24%
FLYW	F	--0.24%
AEIS	D	--0.24%
VSH	F	--0.25%
WSC	D	--0.25%
BIO	C	--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	C	--0.27%
HASI	C	--0.27%
GMED	D	--0.28%
GT	F	--0.28%
HSY	D	--0.28%
GE	C	--0.29%
LW	D	--0.29%
DLTR	F	--0.29%
FDS	C	--0.3%
PSA	C	--0.31%
INSP	D	--0.31%
LVS	C	--0.31%
PEN	D	--0.31%
SRE	B	--0.32%
TOST	C	--0.32%
D	C	--0.32%
NEOG	D	--0.32%
RVMD	C	--0.33%
EVTC	D	--0.33%
MARA	D	--0.33%
MRNA	F	--0.33%
MNST	D	--0.33%
ON	D	--0.34%
FOUR	C	--0.34%
LPLA	D	--0.35%
IAC	C	--0.35%
NDAQ	C	--0.35%
EXAS	D	--0.35%
ZI	D	--0.36%
BBIO	F	--0.36%
FIVN	F	--0.36%
ENPH	D	--0.36%
AFRM	D	--0.36%
MKTX	D	--0.36%
LYV	A	--0.37%
ADBE	F	--0.37%
KLIC	D	--0.37%
BA	F	--0.38%
ZBRA	B	--0.38%
RIOT	F	--0.39%
BRZE	F	--0.4%
RIVN	F	--0.4%
PATH	D	--0.4%
C	C	--0.42%
WBD	D	--0.43%
CCOI	C	--0.44%
CGNX	F	--0.44%
GLOB	D	--0.45%
TTWO	D	--0.46%
SATS	C	--0.46%
MDB	D	--0.47%
FIVE	D	--0.48%
DV	F	--0.49%
BILL	D	--0.49%
MCHP	D	--0.51%
CFLT	F	--0.53%
RH	C	--0.56%
POOL	C	--0.57%
LBRDK	C	--0.58%
SMCI	F	--0.58%
WDC	C	--0.6%
U	D	--0.63%
FND	C	--0.63%
GFS	F	--0.67%
LITE	B	--0.73%
TXN	B	--0.86%
INTC	D	--0.89%