XSVM vs. CLSE ETF Comparison

Comparison of Invesco S&P SmallCap Value with Momentum ETF (XSVM) to Convergence Long/Short Equity ETF (CLSE)

XSVM

Invesco S&P SmallCap Value with Momentum ETF

XSVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 High Momentum Value 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 120 stocks in the S&P SmallCap 600® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$51.44

Average Daily Volume

62,817

Number of Holdings ^*

115

* 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

$21.64

Average Daily Volume

94,957

Number of Holdings ^*

343

* may have additional holdings in another (foreign) market

Performance

Period	XSVM	CLSE
30 Days	-4.24%	2.56%
60 Days	-6.13%	5.00%
90 Days	-7.69%	4.04%
12 Months	14.86%	40.31%

8 Overlapping Holdings

Symbol	Grade	Weight in XSVM	Weight in CLSE	Overlap
AMR	D	0.59%	0.48%	0.48%
BCC	F	0.58%	0.38%	0.38%
CALM	B	0.65%	-0.22%	-0.22%
LNC	C	1.26%	-0.16%	-0.16%
NOG	C	0.65%	-0.24%	-0.24%
SKYW	B	0.64%	0.62%	0.62%
SNEX	B	1.47%	0.74%	0.74%
WOR	F	0.62%	-0.1%	-0.1%

XSVM Overweight 107 Positions Relative to CLSE

Symbol	Grade	Weight
KSS	F	1.95%
KELYA	D	1.79%
PARR	F	1.61%
ODP	F	1.42%
ANDE	D	1.41%
GPI	D	1.31%
TWI	F	1.23%
SAH	D	1.23%
GIII	F	1.23%
JXN	C	1.22%
EZPW	D	1.19%
ZEUS	F	1.16%
ABG	D	1.12%
CVI	F	1.07%
AGO	D	1.03%
SCSC	D	1.02%
AL	C	1.0%
CLW	D	0.98%
SPNT	D	0.98%
CUBI	B	0.98%
OMI	F	0.96%
ABM	B	0.94%
CAL	F	0.94%
VBTX	C	0.93%
DNOW	D	0.91%
PMT	C	0.9%
SXC	D	0.9%
CCS	D	0.89%
GBX	D	0.87%
GES	D	0.86%
EIG	C	0.86%
STBA	B	0.85%
RUSHA	F	0.84%
PUMP	F	0.84%
MHO	D	0.84%
BKU	C	0.84%
FCF	B	0.81%
ABR	B	0.8%
HVT	F	0.8%
MLKN	D	0.78%
SLCA	B	0.78%
KOP	F	0.78%
MOV	D	0.78%
PHIN	D	0.78%
SANM	C	0.77%
TPH	D	0.77%
DLX	D	0.76%
CPF	B	0.76%
WSFS	B	0.76%
RDN	B	0.76%
MTH	D	0.76%
TRMK	C	0.75%
FULT	D	0.75%
GEO	B	0.75%
INVA	B	0.73%
EFC	B	0.73%
ABCB	C	0.73%
CENTA	D	0.73%
WGO	F	0.73%
BHE	D	0.73%
HIBB	A	0.72%
AX	B	0.72%
AMWD	F	0.72%
FHB	C	0.72%
CXW	D	0.72%
LZB	C	0.72%
SHO	C	0.72%
HMN	D	0.71%
HP	D	0.71%
HSII	D	0.71%
CENX	B	0.71%
DXPE	D	0.71%
MCY	C	0.7%
COOP	D	0.7%
NMIH	B	0.69%
TDS	B	0.69%
CEIX	B	0.69%
PFBC	D	0.69%
STC	D	0.68%
HUBG	C	0.68%
ETD	D	0.67%
CRC	C	0.67%
GRBK	C	0.67%
CASH	B	0.66%
URBN	C	0.66%
PSMT	D	0.65%
OFG	B	0.65%
SCVL	C	0.65%
NVRI	C	0.65%
VTOL	C	0.64%
TTMI	B	0.64%
ENVA	B	0.64%
WABC	D	0.62%
SIG	D	0.62%
CNXN	D	0.62%
BLMN	F	0.61%
KALU	D	0.61%
TILE	D	0.61%
LPG	C	0.6%
NX	F	0.6%
LBRT	D	0.6%
HCC	C	0.6%
SM	D	0.59%
REX	F	0.59%
ARCH	C	0.58%
MYE	F	0.57%
GMS	D	0.54%

XSVM Underweight 335 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	B	-4.71%
MSFT	A	-3.61%
AMZN	A	-3.53%
GOOGL	A	-3.02%
MU	C	-2.5%
AMAT	B	-2.46%
GOOG	A	-2.42%
QCOM	B	-2.39%
ANET	A	-2.06%
NTAP	A	-1.94%
META	A	-1.78%
APP	B	-1.77%
GDDY	A	-1.54%
APH	B	-1.53%
HPE	C	-1.53%
CRWD	B	-1.43%
WMT	A	-1.42%
IBM	B	-1.41%
CVNA	B	-1.31%
CVLT	B	-1.29%
SYF	B	-0.98%
NTNX	C	-0.94%
T	B	-0.91%
CRBG	C	-0.9%
AMG	D	-0.89%
DOCU	C	-0.89%
HALO	B	-0.88%
COIN	C	-0.87%
MRK	C	-0.86%
JNJ	F	-0.85%
ABBV	C	-0.84%
OGN	C	-0.81%
MPC	D	-0.8%
MUSA	C	-0.78%
SEIC	D	-0.78%
BAC	B	-0.78%
AAPL	A	-0.76%
BRBR	B	-0.76%
MCK	B	-0.75%
SPOT	B	-0.75%
ICLR	B	-0.75%
HD	C	-0.75%
NFLX	A	-0.74%
GM	B	-0.74%
MO	A	-0.74%
BG	B	-0.72%
PINS	B	-0.72%
ACIW	A	-0.72%
PAGS	C	-0.7%
JPM	B	-0.7%
PG	C	-0.69%
EME	D	-0.69%
HQY	B	-0.68%
WFC	C	-0.68%
PPC	B	-0.68%
THC	C	-0.67%
F	B	-0.67%
VLO	D	-0.67%
TSN	D	-0.66%
PBF	F	-0.66%
HIMS	C	-0.65%
PRU	B	-0.65%
JHG	B	-0.65%
XOM	D	-0.64%
TNK	C	-0.63%
STNG	B	-0.63%
AMRX	C	-0.62%
AXP	C	-0.62%
VRT	C	-0.61%
OC	D	-0.61%
CAT	D	-0.6%
AMGN	B	-0.6%
UMBF	C	-0.59%
MLI	C	-0.58%
NU	B	-0.58%
AIT	C	-0.57%
DY	B	-0.57%
LLY	A	-0.57%
STRL	D	-0.54%
VST	C	-0.54%
RGA	C	-0.52%
IESC	C	-0.52%
PSTG	B	-0.51%
IIPR	B	-0.51%
UHS	C	-0.5%
UNP	D	-0.5%
DVA	C	-0.49%
GLW	B	-0.49%
NRG	D	-0.48%
LNTH	C	-0.48%
FITB	D	-0.48%
GVA	B	-0.48%
PNW	C	-0.47%
ALL	D	-0.47%
REZI	D	-0.47%
FTDR	D	-0.47%
SQ	C	-0.46%
AVA	D	-0.46%
BAH	C	-0.46%
EEFT	D	-0.45%
FCX	C	-0.45%
NEM	A	-0.45%
VTRS	D	-0.45%
GFF	D	-0.44%
SLVM	D	-0.44%
EQR	B	-0.43%
CNA	B	-0.43%
KD	C	-0.43%
DPZ	D	-0.42%
BCO	B	-0.42%
GILD	C	-0.42%
FDX	B	-0.42%
KNF	C	-0.41%
MGM	B	-0.41%
MRO	B	-0.4%
LDOS	B	-0.4%
GRMN	C	-0.39%
NSA	B	-0.39%
STAG	B	-0.35%
NEE	D	-0.35%
SPG	C	-0.34%
DKNG	F	-0.34%
ANF	C	-0.33%
SMCI	B	-0.32%
ROAD	D	-0.32%
STLD	D	-0.31%
EXP	D	-0.3%
BLD	D	-0.28%
BKNG	B	-0.28%
IBP	D	-0.27%
HRB	B	-0.25%
CNC	D	-0.25%
J	D	-0.24%
PGR	B	-0.24%
ITRI	C	-0.24%
DOCS	B	-0.23%
UBER	B	-0.23%
LOPE	C	-0.22%
SKT	D	-0.21%
NTRA	B	-0.2%
VCTR	D	-0.2%
MAN	D	-0.19%
DECK	C	-0.18%
APPF	B	-0.17%
FG	D	-0.13%
INCY	D	-0.12%
PFE	C	-0.09%
HOOD	B	-0.07%
AIG	D	-0.04%
IRT	B	--0.04%
AAL	F	--0.05%
DOC	B	--0.05%
CELH	F	--0.05%
CHDN	B	--0.06%
CWST	B	--0.06%
VTR	A	--0.06%
CMC	D	--0.06%
JOBY	C	--0.06%
CNXC	C	--0.07%
JBHT	F	--0.07%
RRC	D	--0.07%
PLNT	B	--0.07%
TRNO	B	--0.08%
MCW	F	--0.08%
PNM	D	--0.08%
VAC	F	--0.08%
LHX	B	--0.08%
AWR	D	--0.08%
RYAN	B	--0.08%
ZWS	D	--0.09%
BIRK	B	--0.09%
PENN	C	--0.09%
DRVN	C	--0.09%
AES	D	--0.09%
WTRG	C	--0.09%
AESI	C	--0.1%
DRI	D	--0.1%
EXAS	D	--0.1%
PYCR	D	--0.11%
ACVA	C	--0.11%
EQIX	C	--0.11%
ALNY	A	--0.11%
AGL	D	--0.12%
CRS	B	--0.12%
LGIH	F	--0.12%
EXR	B	--0.12%
DAY	F	--0.12%
MAC	D	--0.12%
LUV	D	--0.13%
UHAL	D	--0.13%
AVAV	D	--0.13%
NOVT	C	--0.13%
SITC	B	--0.13%
AAP	F	--0.13%
WTM	D	--0.13%
VFC	D	--0.13%
XP	F	--0.13%
VMC	D	--0.14%
BE	D	--0.14%
NARI	C	--0.14%
KNSL	F	--0.14%
TXG	F	--0.14%
FLNC	F	--0.15%
SHC	C	--0.15%
CZR	C	--0.15%
AJG	A	--0.15%
CAR	F	--0.15%
PCH	F	--0.15%
ROK	D	--0.15%
WTW	B	--0.15%
IRTC	C	--0.16%
EL	F	--0.16%
XYL	D	--0.16%
ASB	D	--0.16%
CLDX	F	--0.16%
RUN	F	--0.16%
GATX	B	--0.17%
PPBI	F	--0.18%
SBCF	D	--0.18%
KVUE	F	--0.18%
MTN	F	--0.18%
MSGS	B	--0.18%
FOXF	C	--0.18%
FL	D	--0.18%
CHK	D	--0.18%
ALLY	B	--0.18%
CRL	F	--0.19%
UEC	D	--0.19%
HI	F	--0.19%
FMC	F	--0.19%
GTLS	D	--0.19%
ACHC	F	--0.19%
IVZ	D	--0.19%
BIO	D	--0.2%
IPAR	F	--0.2%
UCBI	D	--0.2%
WAFD	C	--0.2%
PGNY	D	--0.2%
PRCT	C	--0.2%
KNX	C	--0.2%
MRNA	D	--0.2%
FCNCA	C	--0.21%
APD	D	--0.21%
RBA	B	--0.21%
CG	C	--0.21%
BANC	D	--0.21%
LAD	F	--0.21%
O	C	--0.21%
CARR	C	--0.21%
CACC	B	--0.21%
GO	D	--0.21%
ARWR	C	--0.22%
EQT	D	--0.22%
HSY	F	--0.22%
BOKF	D	--0.22%
NFE	F	--0.22%
CNH	F	--0.22%
LW	F	--0.23%
GE	D	--0.23%
VC	D	--0.23%
PEN	D	--0.23%
MKTX	C	--0.23%
WAL	B	--0.23%
SUM	D	--0.23%
TGNA	D	--0.23%
ALB	F	--0.24%
OKE	B	--0.24%
GPOR	D	--0.24%
INSP	F	--0.24%
TSLA	B	--0.24%
SJM	D	--0.25%
MS	B	--0.25%
DAR	F	--0.25%
RNR	D	--0.25%
VVV	B	--0.25%
RCM	F	--0.26%
RVMD	D	--0.26%
SBUX	F	--0.26%
D	C	--0.27%
NDAQ	C	--0.28%
HASI	D	--0.28%
BX	C	--0.28%
DLTR	F	--0.29%
GS	A	--0.29%
MARA	C	--0.29%
CABO	F	--0.3%
FOUR	B	--0.3%
MC	A	--0.3%
APLS	F	--0.31%
NEOG	C	--0.32%
BBIO	D	--0.33%
CCOI	D	--0.34%
SRE	B	--0.34%
FICO	A	--0.34%
FIVE	F	--0.34%
TECH	D	--0.34%
TTWO	C	--0.35%
KMX	C	--0.35%
WBD	F	--0.36%
BOOT	B	--0.36%
DIOD	C	--0.37%
IAC	F	--0.37%
ZI	F	--0.37%
LBRDK	C	--0.38%
VSH	D	--0.38%
PARA	C	--0.39%
ADBE	B	--0.4%
CIEN	F	--0.42%
AEIS	C	--0.43%
FIVN	D	--0.43%
U	F	--0.44%
RIOT	D	--0.44%
GLOB	C	--0.44%
FND	F	--0.44%
SATS	B	--0.45%
INST	B	--0.45%
DV	D	--0.46%
LYV	C	--0.47%
CFLT	C	--0.47%
COHR	B	--0.48%
RH	D	--0.52%
PANW	B	--0.54%
GFS	C	--0.56%
ZBRA	C	--0.57%
SNPS	B	--0.58%
QQQ	A	--0.58%
BA	C	--0.63%
WOLF	F	--0.63%
CGNX	B	--0.65%
SITM	B	--0.65%
LITE	B	--0.7%
MCHP	C	--0.73%
KLIC	B	--0.81%
INTC	C	--0.83%
TXN	B	--0.86%