CBLS vs. EQLT ETF Comparison
Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to iShares MSCI Emerging Markets Quality Factor ETF (EQLT)
CBLS
Changebridge Capital Long/Short Equity ETF
CBLS Description
The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$26.49
Average Daily Volume
1,791
63
EQLT
iShares MSCI Emerging Markets Quality Factor ETF
EQLT Description
EQLT tracks an index of emerging market stocks perceived to be higher quality. The starting universe begins with large- and mid-cap stocks from the MSCI Emerging Markets Index. The fund calculates a Quality Score for each security using three fundamental metrics: high return on equity, stable year-over-year earnings growth, and low financial leverage. The fund selects securities with higher quality scores until it covers about half of the market-cap within each country in the parent index. The fund then assigns weights by multiplying each securitys market-cap weight in the parent index by a Tilt Score. The Tilt Score accounts for the securitys quality score and relative market-cap position. The resulting weights are normalized to build the portfolio. Issuers are capped at 5%, along with other country and sector weight limits. The fund may invest in derivatives or engage in securities lending. The index is reviewed and rebalanced semi-annually.Grade (RS Rating)
Last Trade
$23.93
Average Daily Volume
428
5
Performance
| Period | CBLS | EQLT |
|---|---|---|
| 30 Days | 4.34% | -5.99% |
| 60 Days | 4.30% | -1.80% |
| 90 Days | 3.90% | |
| 12 Months | 35.16% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CBLS | Weight in EQLT | Overlap | |
|---|---|---|---|---|---|
| IBN | C | 2.38% | 2.55% | 2.38% |
CBLS Overweight 62 Positions Relative to EQLT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | 3.31% | |
| LNG | A | 3.31% | |
| WTTR | A | 3.07% | |
| INTC | C | 2.91% | |
| AMZN | B | 2.83% | |
| GTLS | A | 2.81% | |
| MGNI | A | 2.76% | |
| WMT | A | 2.75% | |
| SKY | A | 2.73% | |
| BWXT | A | 2.7% | |
| COST | B | 2.64% | |
| ORCL | A | 2.62% | |
| STRL | B | 2.54% | |
| CCL | A | 2.49% | |
| RDDT | B | 2.45% | |
| OSW | B | 2.43% | |
| ECL | D | 2.32% | |
| GD | D | 2.32% | |
| NARI | C | 2.3% | |
| RTX | D | 2.29% | |
| ROL | A | 2.28% | |
| D | C | 2.24% | |
| AER | B | 2.24% | |
| VST | A | 2.23% | |
| SO | C | 2.23% | |
| NEE | C | 2.12% | |
| ERJ | A | 2.12% | |
| HUMA | F | 2.11% | |
| SCHW | A | 2.08% | |
| MC | B | 1.98% | |
| ETR | A | 1.93% | |
| SCI | B | 1.92% | |
| DELL | C | 1.91% | |
| TDG | D | 1.78% | |
| CRSP | D | 0.86% | |
| KLG | F | -0.49% | |
| KDP | D | -0.5% | |
| POST | D | -0.5% | |
| GIS | D | -0.51% | |
| PEP | F | -0.51% | |
| DOOO | F | -0.9% | |
| TTC | D | -0.93% | |
| R | A | -0.95% | |
| GIII | D | -0.97% | |
| PFE | F | -1.06% | |
| SIG | B | -1.07% | |
| JNJ | D | -1.1% | |
| MRNA | F | -1.15% | |
| MIDD | D | -1.16% | |
| ROK | A | -1.17% | |
| ENR | A | -1.19% | |
| AME | A | -1.2% | |
| NVO | F | -1.3% | |
| LLY | F | -1.37% | |
| F | C | -1.41% | |
| DE | D | -1.45% | |
| HELE | C | -1.71% | |
| HSY | F | -1.75% | |
| VSAT | F | -1.75% | |
| GOGO | C | -1.77% | |
| NOW | B | -1.8% | |
| TSLA | B | -2.63% |
CBLS: Top Represented Industries & Keywords
EQLT: Top Represented Industries & Keywords
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