BLV vs. CLSE ETF Comparison

Comparison of Vanguard Long-Term Bond ETF (BLV) to Convergence Long/Short Equity ETF (CLSE)

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$73.66

Average Daily Volume

646,881

Number of Holdings ^*

342

* 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

$22.51

Average Daily Volume

49,544

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

Performance

Period	BLV	CLSE
30 Days	-1.29%	5.51%
60 Days	-0.09%	11.19%
90 Days	4.90%	4.00%
12 Months	18.57%	39.98%

84 Overlapping Holdings

Symbol	Grade	Weight in BLV	Weight in CLSE	Overlap
AAPL	C	0.02%	1.95%	0.02%
ABBV	C	0.02%	1.02%	0.02%
AES	C	0.01%	-0.08%	-0.08%
AJG	C	0.02%	-0.19%	-0.19%
ALB	D	0.01%	-0.27%	-0.27%
AMGN	D	0.02%	0.28%	0.02%
AMZN	C	0.03%	2.37%	0.03%
APD	C	0.01%	-0.2%	-0.2%
AVA	D	0.01%	0.55%	0.01%
AVGO	B	0.03%	2.7%	0.03%
BA	F	0.01%	-0.37%	-0.37%
BAC	B	0.01%	0.8%	0.01%
BMY	A	0.01%	0.92%	0.01%
C	B	0.01%	-0.26%	-0.26%
CACC	F	0.01%	-0.2%	-0.2%
CAH	B	0.01%	0.58%	0.01%
CAT	A	0.01%	0.36%	0.01%
CFG	C	0.01%	0.39%	0.01%
CINF	A	0.01%	-0.19%	-0.19%
CVS	D	0.01%	0.19%	0.01%
CVX	B	0.01%	0.45%	0.01%
D	A	0.01%	-0.29%	-0.29%
DELL	C	0.04%	-0.6%	-0.6%
DVN	F	0.01%	0.55%	0.01%
EL	D	0.01%	-0.23%	-0.23%
EQR	C	0.01%	0.41%	0.01%
EXR	D	0.01%	-0.15%	-0.15%
FITB	C	0.04%	0.61%	0.04%
GE	B	0.01%	-0.29%	-0.29%
GILD	A	0.01%	0.91%	0.01%
GLW	C	0.01%	0.28%	0.01%
GM	D	0.02%	0.51%	0.02%
GOOGL	B	0.02%	3.08%	0.02%
HD	A	0.01%	1.22%	0.01%
HPE	B	0.04%	2.06%	0.04%
HSY	D	0.01%	-0.26%	-0.26%
IBM	A	0.01%	1.43%	0.01%
INTC	D	0.01%	-0.8%	-0.8%
JBLU	B	0.01%	-0.13%	-0.13%
JNJ	D	0.01%	0.91%	0.01%
JPM	C	0.01%	0.59%	0.01%
KLAC	B	0.01%	0.47%	0.01%
KMB	D	0.01%	0.16%	0.01%
KR	C	0.01%	0.16%	0.01%
LMT	A	0.01%	0.54%	0.01%
MDT	C	0.05%	0.46%	0.05%
MET	A	0.01%	0.56%	0.01%
MKL	B	0.01%	-0.15%	-0.15%
MO	D	0.01%	0.76%	0.01%
MPC	D	0.01%	0.44%	0.01%
MRK	F	0.01%	0.5%	0.01%
MRO	B	0.01%	0.0%	0.0%
MSFT	D	0.01%	1.01%	0.01%
NDAQ	C	0.01%	-0.35%	-0.35%
NEE	C	0.01%	0.54%	0.01%
NEM	C	0.01%	0.52%	0.01%
NVDA	B	0.02%	3.84%	0.02%
OKE	A	0.01%	-0.17%	-0.17%
ORCL	A	0.01%	1.46%	0.01%
PG	D	0.01%	0.7%	0.01%
PGR	B	0.01%	0.47%	0.01%
PNW	C	0.01%	0.48%	0.01%
PYPL	A	0.02%	1.07%	0.02%
QCOM	D	0.01%	2.56%	0.01%
RF	B	0.01%	0.59%	0.01%
RTX	A	0.01%	0.54%	0.01%
SBUX	B	0.01%	-0.11%	-0.11%
SCCO	B	0.03%	0.44%	0.03%
SJM	D	0.01%	-0.12%	-0.12%
SPG	A	0.01%	0.4%	0.01%
SRE	C	0.01%	-0.31%	-0.31%
T	B	0.01%	1.01%	0.01%
TSN	D	0.01%	0.53%	0.01%
TXN	C	0.01%	-0.85%	-0.85%
UNP	F	0.01%	0.57%	0.01%
VLO	D	0.02%	0.77%	0.02%
VMC	D	0.02%	-0.11%	-0.11%
VTRS	D	0.02%	0.0%	0.0%
WFC	B	0.01%	0.58%	0.01%
WMT	A	0.01%	1.94%	0.01%
WTRG	D	0.01%	-0.16%	-0.16%
WY	C	0.04%	-0.16%	-0.16%
XOM	A	0.01%	0.59%	0.01%
XYL	C	0.01%	-0.22%	-0.22%

BLV Overweight 258 Positions Relative to CLSE

Symbol	Grade	Weight
WIT	C	1.44%
COST	C	0.04%
EQH	B	0.04%
ALLY	F	0.04%
CARR	A	0.04%
DD	C	0.04%
HPQ	B	0.03%
NUE	D	0.03%
TAP	D	0.03%
CRM	B	0.03%
HAL	D	0.03%
BHP	B	0.03%
CSCO	A	0.03%
TEL	D	0.02%
CF	A	0.02%
AXP	A	0.02%
CME	A	0.02%
OHI	C	0.02%
LEA	F	0.02%
MDLZ	D	0.02%
BHF	D	0.02%
FANG	D	0.02%
EBAY	A	0.02%
GPN	F	0.02%
WU	D	0.02%
WHR	C	0.02%
MAR	A	0.02%
ADI	B	0.02%
ICE	A	0.02%
CAG	D	0.02%
BIIB	F	0.02%
BABA	A	0.02%
FOXA	B	0.02%
PSX	D	0.02%
GSK	F	0.02%
MS	A	0.02%
CPT	C	0.01%
VTR	C	0.01%
STLD	B	0.01%
WPC	C	0.01%
RPM	A	0.01%
PECO	C	0.01%
DOC	C	0.01%
SCHW	D	0.01%
BAX	D	0.01%
AIZ	B	0.01%
AGO	B	0.01%
CHD	D	0.01%
ADC	C	0.01%
AAT	C	0.01%
BEN	F	0.01%
HIW	C	0.01%
JD	A	0.01%
FRT	D	0.01%
FNF	C	0.01%
REG	C	0.01%
CHI	B	0.01%
UDR	C	0.01%
SWX	C	0.01%
TJX	D	0.01%
SIGI	D	0.01%
DT	B	0.01%
DRI	C	0.01%
MKC	D	0.01%
OPI	F	0.01%
PDM	C	0.01%
K	B	0.01%
JNPR	C	0.01%
IDA	D	0.01%
DGX	D	0.01%
MAA	D	0.01%
LXP	D	0.01%
KRC	C	0.01%
KSS	D	0.01%
WELL	C	0.01%
WRK	C	0.01%
ORI	A	0.01%
OC	C	0.01%
NYC	D	0.01%
NWE	C	0.01%
MSI	A	0.01%
KIM	C	0.01%
HON	C	0.01%
INGR	B	0.01%
EQIX	C	0.01%
EOG	B	0.01%
FTV	C	0.01%
DOV	C	0.01%
BWA	C	0.01%
AFL	A	0.01%
AFG	A	0.01%
APTV	D	0.01%
CPB	D	0.01%
COO	C	0.01%
UAL	A	0.01%
VOYA	A	0.01%
VMI	B	0.01%
STE	D	0.01%
SNA	C	0.01%
ROK	D	0.01%
SBRA	C	0.01%
ZBH	F	0.01%
NOV	F	0.01%
NNN	C	0.01%
OGE	C	0.01%
LHX	A	0.01%
LH	D	0.01%
NXPI	F	0.01%
IVZ	A	0.01%
HRL	F	0.01%
HOG	D	0.01%
JEF	A	0.01%
HAS	A	0.01%
L	C	0.01%
ESS	D	0.01%
DG	F	0.01%
FE	C	0.01%
EE	B	0.01%
EA	D	0.01%
FMC	C	0.01%
CMI	A	0.01%
AVB	C	0.01%
CL	D	0.01%
UNM	A	0.01%
PKG	B	0.01%
PFG	A	0.01%
REGN	D	0.01%
SPGI	C	0.01%
EG	A	0.01%
SYK	C	0.01%
SWK	C	0.01%
VRSK	D	0.01%
STZ	D	0.01%
PEG	A	0.01%
AON	A	0.01%
WEC	B	0.01%
ATO	A	0.01%
AEP	C	0.01%
AEE	A	0.01%
ADM	F	0.01%
ACGL	A	0.01%
ARE	D	0.01%
CTS	B	0.01%
DTE	B	0.01%
EVRG	C	0.01%
FIS	A	0.01%
ETN	B	0.01%
ALL	A	0.01%
AWK	D	0.01%
HIG	A	0.01%
IFF	D	0.01%
JCI	C	0.01%
ES	D	0.01%
KDP	C	0.01%
HUM	F	0.01%
MLM	F	0.01%
OTIS	A	0.01%
LNC	B	0.01%
LIN	C	0.01%
OGS	C	0.01%
O	C	0.01%
MCO	D	0.01%
PPL	C	0.01%
XEL	C	0.01%
MOS	F	0.01%
MAS	C	0.01%
TRV	C	0.01%
PLD	D	0.01%
RSG	D	0.01%
RPRX	D	0.01%
SHW	C	0.01%
TT	A	0.01%
CMS	A	0.01%
BKH	C	0.01%
CCI	D	0.01%
AMAT	C	0.01%
CP	C	0.01%
TGT	C	0.01%
GD	C	0.01%
CNP	B	0.01%
EMN	C	0.01%
DE	C	0.01%
IPG	D	0.01%
IP	C	0.01%
GWW	B	0.01%
NI	A	0.01%
PAA	B	0.01%
ITW	C	0.01%
WRB	C	0.01%
WM	B	0.01%
WLK	C	0.01%
LNT	B	0.01%
EQNR	D	0.01%
EIX	C	0.01%
ED	C	0.01%
ECL	C	0.01%
GIS	C	0.01%
KOF	D	0.01%
NKE	D	0.01%
MMC	D	0.01%
NSC	C	0.01%
WBA	F	0.01%
LRCX	D	0.01%
LLY	D	0.01%
MCD	A	0.01%
ZTS	C	0.01%
LYB	B	0.01%
TMO	D	0.01%
PM	D	0.01%
PH	A	0.01%
RJF	B	0.01%
AMT	D	0.01%
UPS	D	0.01%
CSX	D	0.01%
EXC	C	0.01%
DOW	B	0.01%
BSX	A	0.01%
ETR	A	0.01%
HES	D	0.01%
DHR	D	0.01%
MMM	C	0.01%
MUFG	D	0.01%
PEP	F	0.01%
PHM	C	0.01%
AIG	C	0.01%
ET	A	0.01%
FDX	F	0.01%
WMB	A	0.01%
SYY	D	0.01%
PRU	B	0.01%
KO	C	0.01%
EPD	A	0.01%
MPLX	B	0.01%
BDX	C	0.01%
LOW	C	0.01%
SO	A	0.01%
MA	A	0.01%
UNH	B	0.01%
CB	A	0.01%
DUK	C	0.01%
HCA	C	0.01%
KMI	A	0.01%
ABT	D	0.01%
DIS	D	0.01%
CI	D	0.01%
COP	D	0.01%
NOC	B	0.01%
V	B	0.01%
AZN	D	0.01%
VOD	D	0.01%
TMUS	A	0.01%
HSBC	A	0.01%
PCG	C	0.01%
CMCSA	B	0.01%
CHTR	D	0.01%
PFE	D	0.01%
VZ	C	0.01%
GS	B	0.01%

BLV Underweight 247 Positions Relative to CLSE

Symbol	Grade	Weight
META	A	-3.31%
ANET	A	-1.93%
CVNA	A	-1.82%
NTAP	D	-1.74%
CVLT	B	-1.65%
APP	A	-1.45%
GDDY	B	-1.41%
DOCU	A	-1.4%
GOOG	B	-1.26%
IDCC	A	-1.17%
ACIW	A	-1.16%
MU	D	-1.05%
AMG	B	-1.0%
SNEX	B	-1.0%
JHG	A	-0.97%
NTNX	C	-0.95%
AVT	B	-0.95%
SYF	A	-0.94%
HALO	D	-0.94%
NTRS	B	-0.89%
THC	D	-0.86%
EME	B	-0.86%
DVA	C	-0.83%
AMRX	B	-0.83%
OGN	F	-0.83%
MLI	B	-0.78%
UHS	D	-0.78%
SEIC	B	-0.77%
PPC	C	-0.77%
BFH	D	-0.74%
TSLA	C	-0.74%
FTDR	B	-0.73%
JXN	A	-0.71%
CNC	F	-0.7%
NRG	A	-0.69%
BG	F	-0.69%
COR	F	-0.68%
IIPR	C	-0.67%
CHRW	C	-0.67%
ADMA	A	-0.67%
IESC	A	-0.66%
GVA	A	-0.65%
LNG	A	-0.65%
UMBF	C	-0.63%
PATK	A	-0.61%
PNC	C	-0.59%
MWA	A	-0.58%
SLVM	C	-0.58%
MTZ	A	-0.57%
VST	A	-0.56%
PRIM	A	-0.56%
MATX	C	-0.56%
REZI	D	-0.55%
STRL	B	-0.52%
OSCR	C	-0.52%
RGA	B	-0.52%
EXPE	B	-0.5%
CNA	D	-0.47%
ATGE	D	-0.47%
LNTH	C	-0.46%
LDOS	A	-0.45%
EXP	C	-0.44%
CACI	A	-0.44%
VRT	B	-0.42%
RGLD	C	-0.41%
ACT	C	-0.39%
EEFT	F	-0.39%
FCX	B	-0.38%
MUSA	D	-0.38%
LAMR	C	-0.36%
ALSN	A	-0.35%
CTRE	C	-0.35%
NSA	D	-0.35%
IBP	C	-0.34%
TOL	C	-0.34%
KBH	D	-0.32%
J	F	-0.32%
STAG	D	-0.32%
ABM	D	-0.32%
NFLX	A	-0.31%
SM	D	-0.31%
NVR	C	-0.31%
BCO	C	-0.31%
OUT	C	-0.27%
BKNG	B	-0.26%
ALNY	C	-0.25%
CCL	C	-0.25%
JLL	C	-0.25%
ASPN	C	-0.25%
ANF	D	-0.24%
CPNG	C	-0.18%
NTRA	A	-0.15%
SPOT	C	-0.14%
GRMN	D	-0.09%
QQQ	B	-0.0%
ADUS	D	-0.0%
MHO	C	-0.0%
KNF	B	-0.0%
HRB	C	-0.0%
JOBY	C	--0.04%
CAR	D	--0.06%
PENN	D	--0.07%
PGNY	F	--0.08%
MCW	F	--0.09%
CZR	B	--0.09%
BRKR	D	--0.09%
MASI	B	--0.09%
NXST	D	--0.09%
AGL	F	--0.1%
DRVN	C	--0.1%
VAC	D	--0.1%
LGIH	C	--0.1%
HGV	F	--0.1%
AWR	B	--0.1%
HHH	C	--0.11%
ACVA	C	--0.11%
ALIT	D	--0.12%
RBLX	D	--0.13%
PCH	C	--0.14%
PPBI	D	--0.14%
MTN	D	--0.14%
KRG	C	--0.15%
COLD	D	--0.15%
DAY	C	--0.15%
AA	B	--0.15%
BIRK	F	--0.15%
PYCR	D	--0.15%
WAL	C	--0.16%
THO	C	--0.16%
CC	D	--0.16%
CHDN	C	--0.16%
OSK	F	--0.17%
AESI	B	--0.17%
ENOV	F	--0.17%
UHAL	C	--0.17%
ALGM	F	--0.17%
BEAM	F	--0.17%
KNSL	B	--0.18%
LUV	B	--0.18%
CHK	D	--0.18%
NTLA	F	--0.18%
TXG	F	--0.18%
VNO	B	--0.18%
HI	F	--0.18%
TFC	D	--0.19%
TTD	A	--0.19%
PNFP	B	--0.19%
LKQ	F	--0.19%
XPO	F	--0.19%
CGON	C	--0.19%
ELF	F	--0.2%
SOFI	C	--0.2%
BE	F	--0.2%
AVAV	B	--0.2%
GTLS	D	--0.2%
KROS	C	--0.2%
CNH	C	--0.2%
GATX	F	--0.2%
BANC	D	--0.2%
GPOR	B	--0.21%
COLB	C	--0.21%
EW	F	--0.21%
IRTC	F	--0.21%
MSCI	B	--0.21%
AGCO	D	--0.21%
TREX	D	--0.21%
AIR	B	--0.21%
FLYW	F	--0.22%
WOLF	F	--0.22%
COTY	F	--0.22%
RBA	D	--0.22%
FCNCA	D	--0.22%
WTM	C	--0.22%
UEC	C	--0.22%
ARWR	F	--0.22%
DXCM	F	--0.23%
KLIC	D	--0.23%
SW	C	--0.24%
RNR	A	--0.24%
SUM	F	--0.24%
BIO	B	--0.24%
AEIS	B	--0.25%
CNX	A	--0.26%
AL	D	--0.26%
EQT	C	--0.27%
SITE	D	--0.27%
PEN	D	--0.27%
ROIV	D	--0.27%
GMED	B	--0.28%
LW	D	--0.28%
CELH	F	--0.29%
MRNA	F	--0.3%
PSA	C	--0.3%
NEOG	F	--0.3%
PTEN	F	--0.3%
GT	F	--0.3%
APLS	F	--0.31%
MNST	D	--0.31%
VVV	D	--0.31%
ENPH	F	--0.32%
EVTC	D	--0.32%
INSP	C	--0.32%
AUR	C	--0.34%
FDS	C	--0.34%
MKTX	B	--0.34%
ON	F	--0.34%
MARA	F	--0.34%
AFRM	C	--0.35%
BRZE	F	--0.36%
APO	A	--0.36%
LPLA	D	--0.37%
FOUR	A	--0.37%
EXAS	B	--0.38%
LYV	A	--0.38%
RIVN	F	--0.38%
ADBE	F	--0.39%
ZBRA	B	--0.39%
RIOT	F	--0.39%
PATH	D	--0.4%
CYTK	D	--0.41%
WBD	F	--0.42%
SATS	C	--0.43%
BBIO	F	--0.43%
ZI	D	--0.44%
MDB	D	--0.44%
GLOB	D	--0.45%
DLTR	F	--0.45%
CGNX	F	--0.45%
CCOI	B	--0.45%
DV	F	--0.46%
CASY	D	--0.47%
TTWO	F	--0.47%
BILL	D	--0.48%
LBRDK	C	--0.48%
PINS	D	--0.49%
CFLT	F	--0.51%
MCHP	F	--0.52%
FIVE	D	--0.52%
FIVN	F	--0.53%
U	D	--0.53%
RH	C	--0.54%
POOL	D	--0.56%
FND	C	--0.64%
GFS	F	--0.67%
LITE	A	--0.79%
WDC	C	--0.8%
LSCC	D	--0.81%