CBLS vs. NSCS ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to Nuveen Small Cap Select ETF (NSCS)
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

$26.83

Average Daily Volume

2,139

Number of Holdings *

63

* may have additional holdings in another (foreign) market
NSCS

Nuveen Small Cap Select ETF

NSCS Description The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$30.31

Average Daily Volume

140

Number of Holdings *

75

* may have additional holdings in another (foreign) market
Performance
Period CBLS NSCS
30 Days 4.28% 8.59%
60 Days 5.58% 9.56%
90 Days 5.18% 9.56%
12 Months 35.65% 36.21%
2 Overlapping Holdings
Symbol Grade Weight in CBLS Weight in NSCS Overlap
MGNI B 2.76% 1.9% 1.9%
SIG B -1.07% 1.25% -1.07%
CBLS Overweight 61 Positions Relative to NSCS
Symbol Grade Weight
NVDA B 3.31%
LNG A 3.31%
WTTR A 3.07%
INTC C 2.91%
AMZN C 2.83%
GTLS A 2.81%
WMT A 2.75%
SKY A 2.73%
BWXT B 2.7%
COST A 2.64%
ORCL A 2.62%
STRL A 2.54%
CCL A 2.49%
RDDT A 2.45%
OSW B 2.43%
IBN C 2.38%
ECL D 2.32%
GD D 2.32%
NARI C 2.3%
RTX D 2.29%
ROL B 2.28%
D C 2.24%
AER A 2.24%
VST A 2.23%
SO C 2.23%
NEE C 2.12%
ERJ A 2.12%
HUMA F 2.11%
SCHW B 2.08%
MC C 1.98%
ETR B 1.93%
SCI B 1.92%
DELL B 1.91%
TDG D 1.78%
CRSP D 0.86%
KLG B -0.49%
KDP F -0.5%
POST C -0.5%
GIS D -0.51%
PEP F -0.51%
DOOO F -0.9%
TTC C -0.93%
R B -0.95%
GIII D -0.97%
PFE F -1.06%
JNJ C -1.1%
MRNA F -1.15%
MIDD C -1.16%
ROK C -1.17%
ENR B -1.19%
AME A -1.2%
NVO F -1.3%
LLY F -1.37%
F C -1.41%
DE B -1.45%
HELE C -1.71%
HSY F -1.75%
VSAT F -1.75%
GOGO C -1.77%
NOW A -1.8%
TSLA B -2.63%
CBLS Underweight 73 Positions Relative to NSCS
Symbol Grade Weight
WTFC A -2.5%
EVR B -2.27%
PIPR A -2.11%
BANR B -1.87%
SSB B -1.87%
NOG B -1.84%
AIT B -1.75%
ESE B -1.66%
LITE B -1.58%
HQY A -1.57%
SUM B -1.56%
KTOS B -1.56%
MMSI A -1.55%
GDYN B -1.54%
WK B -1.5%
CMC B -1.49%
FIBK B -1.48%
EHC B -1.42%
ACA A -1.41%
FLR B -1.4%
NPO A -1.39%
BYD B -1.39%
HOMB A -1.39%
QTWO A -1.38%
AVNT B -1.38%
ITRI C -1.38%
AVAV C -1.37%
RDNT B -1.34%
MMS F -1.33%
RBRK A -1.32%
BKH A -1.28%
SHOO F -1.28%
TPH D -1.27%
SHAK C -1.27%
PFBC B -1.25%
MTDR B -1.24%
STAG D -1.23%
EGP D -1.23%
GKOS B -1.17%
PAR A -1.16%
ARCB C -1.16%
TROX D -1.1%
BRBR A -1.09%
KEX B -1.05%
EVRI A -1.05%
ZD B -1.04%
ICHR C -1.02%
ONTO F -0.95%
PRI B -0.9%
LADR B -0.9%
CVLT B -0.85%
VBTX B -0.85%
SLAB F -0.84%
BOOT C -0.83%
SR A -0.82%
ESTA D -0.77%
SIBN F -0.76%
HALO F -0.76%
FROG C -0.74%
CRNX C -0.72%
INN D -0.67%
KRYS C -0.67%
INSM C -0.63%
ACHC F -0.61%
VTLE C -0.61%
OPCH D -0.54%
PCVX D -0.54%
TTMI C -0.53%
MDGL B -0.52%
ATEC C -0.5%
TCMD B -0.48%
IMVT F -0.43%
BPMC B -0.32%
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