CBLS vs. XES ETF Comparison
Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to SPDR S&P Oil & Gas Equipment & Services ETF (XES)
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
63
XES
SPDR S&P Oil & Gas Equipment & Services ETF
XES Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas equipment and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$85.79
Average Daily Volume
48,238
27
Performance
| Period | CBLS | XES |
|---|---|---|
| 30 Days | 4.28% | 9.00% |
| 60 Days | 5.58% | 1.96% |
| 90 Days | 5.18% | -1.69% |
| 12 Months | 35.65% | 3.83% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CBLS | Weight in XES | Overlap | |
|---|---|---|---|---|---|
| WTTR | A | 3.07% | 2.1% | 2.1% |
CBLS Overweight 62 Positions Relative to XES
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | 3.31% | |
| LNG | A | 3.31% | |
| INTC | C | 2.91% | |
| AMZN | C | 2.83% | |
| GTLS | A | 2.81% | |
| MGNI | B | 2.76% | |
| 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% | |
| SIG | B | -1.07% | |
| 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 26 Positions Relative to XES
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKR | A | -5.69% | |
| FTI | A | -5.17% | |
| WHD | B | -5.13% | |
| HP | C | -5.02% | |
| SLB | C | -4.95% | |
| HAL | C | -4.93% | |
| CHX | C | -4.88% | |
| AROC | A | -4.83% | |
| PTEN | C | -4.73% | |
| RIG | D | -4.66% | |
| NOV | C | -4.64% | |
| VAL | F | -4.2% | |
| WFRD | D | -4.12% | |
| LBRT | D | -4.04% | |
| OII | B | -3.57% | |
| TDW | F | -3.36% | |
| HLX | B | -2.9% | |
| AESI | B | -2.62% | |
| XPRO | D | -2.33% | |
| NBR | C | -1.89% | |
| CLB | B | -1.72% | |
| PUMP | C | -1.62% | |
| RES | D | -1.29% | |
| NR | B | -0.79% | |
| TTI | B | -0.77% | |
| VTOL | B | -0.68% |
CBLS: Top Represented Industries & Keywords
XES: Top Represented Industries & Keywords
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