CLSE vs. ACVF ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to American Conservative Values ETF (ACVF)

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

$23.68

Average Daily Volume

65,624

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$45.40

Average Daily Volume

7,617

Number of Holdings ^*

363

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	ACVF
30 Days	4.18%	2.31%
60 Days	7.10%	5.11%
90 Days	9.38%	6.07%
12 Months	39.93%	30.61%

98 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in ACVF	Overlap
ABBV	F	0.72%	0.77%	0.72%
ABNB	C	-0.34%	0.37%	-0.34%
AES	F	-0.08%	0.01%	-0.08%
AJG	A	-0.17%	0.05%	-0.17%
ALB	B	-0.16%	0.01%	-0.16%
ALL	A	0.45%	0.05%	0.05%
ANET	C	1.83%	0.7%	0.7%
APD	A	-0.15%	0.17%	-0.15%
APH	A	0.67%	0.2%	0.2%
APTV	F	-0.32%	0.04%	-0.32%
AVGO	D	2.28%	2.01%	2.01%
AWK	C	-0.26%	0.02%	-0.26%
BA	F	-0.4%	0.17%	-0.4%
BEN	C	-0.36%	0.01%	-0.36%
BKNG	A	0.44%	0.94%	0.44%
BMY	B	1.11%	0.35%	0.35%
C	A	-0.19%	0.45%	-0.19%
CAH	B	0.86%	0.07%	0.07%
CDNS	B	-0.46%	0.46%	-0.46%
CHRW	B	0.61%	0.03%	0.03%
CHTR	C	-0.48%	0.43%	-0.48%
CINF	A	0.12%	0.05%	0.05%
CNC	D	0.31%	0.06%	0.06%
COR	B	0.86%	0.13%	0.13%
CSCO	B	-0.52%	1.59%	-0.52%
CVS	D	0.29%	0.17%	0.17%
DG	F	-0.4%	0.06%	-0.4%
DLR	B	-0.13%	0.11%	-0.13%
DLTR	F	-0.41%	0.03%	-0.41%
DXCM	C	-0.63%	0.05%	-0.63%
EL	F	-0.12%	0.03%	-0.12%
EQIX	A	-0.14%	0.24%	-0.14%
EQR	C	0.35%	0.06%	0.06%
EW	C	-0.16%	0.08%	-0.16%
EXPD	C	0.14%	0.04%	0.04%
EXPE	B	0.61%	0.33%	0.33%
EXR	C	-0.13%	0.01%	-0.13%
FFIV	B	0.6%	0.21%	0.21%
FITB	B	0.78%	0.12%	0.12%
FOXA	A	0.14%	0.14%	0.14%
GE	D	-0.46%	0.45%	-0.46%
GILD	C	1.07%	0.09%	0.09%
GLW	B	0.52%	0.08%	0.08%
GRMN	B	0.37%	0.46%	0.37%
HD	B	1.13%	1.77%	1.13%
HPE	B	1.92%	0.23%	0.23%
HSY	F	-0.24%	0.05%	-0.24%
ILMN	C	0.1%	0.05%	0.05%
INCY	C	0.07%	0.02%	0.02%
INTC	C	-0.93%	0.32%	-0.93%
J	D	0.31%	0.04%	0.04%
KEY	B	-0.25%	0.04%	-0.25%
KR	B	0.17%	0.04%	0.04%
LKQ	F	-0.17%	0.02%	-0.17%
LRCX	F	0.0%	0.39%	0.0%
LYV	A	-0.3%	0.1%	-0.3%
MCHP	F	-0.63%	0.06%	-0.63%
MDT	D	0.29%	0.29%	0.29%
MET	A	0.52%	0.25%	0.25%
MKTX	D	-0.29%	0.02%	-0.29%
MNST	C	-0.28%	0.19%	-0.28%
MO	A	0.79%	0.23%	0.23%
MSCI	C	-0.27%	0.06%	-0.27%
MU	D	2.13%	0.32%	0.32%
NEM	D	0.22%	0.07%	0.07%
NSC	B	-0.1%	0.05%	-0.1%
NTRS	A	1.08%	0.08%	0.08%
NVDA	B	4.61%	7.98%	4.61%
NWS	A	-0.57%	0.13%	-0.57%
ORCL	A	1.33%	1.18%	1.18%
PG	C	0.45%	1.53%	0.45%
PINS	F	-0.41%	0.1%	-0.41%
PNC	B	0.72%	0.33%	0.33%
POOL	C	-0.61%	0.03%	-0.61%
PRU	A	0.13%	0.04%	0.04%
PSA	C	-0.23%	0.15%	-0.23%
QCOM	F	1.73%	0.52%	0.52%
RBA	A	-0.12%	0.17%	-0.12%
RF	A	0.72%	0.08%	0.08%
RMD	C	0.4%	0.04%	0.04%
ROP	B	-0.7%	0.46%	-0.7%
SLVM	B	0.5%	0.01%	0.01%
SNPS	B	-0.44%	0.5%	-0.44%
SPG	A	0.37%	0.08%	0.08%
SRE	A	-0.2%	0.03%	-0.2%
SW	A	-0.17%	0.02%	-0.17%
SYF	B	1.11%	0.01%	0.01%
T	A	0.29%	0.18%	0.18%
TMUS	B	0.7%	1.05%	0.7%
TSLA	B	1.22%	1.92%	1.22%
TTWO	A	-0.43%	0.21%	-0.43%
TXN	C	-0.81%	0.56%	-0.81%
UNP	C	0.47%	0.38%	0.38%
VMC	B	-0.13%	0.03%	-0.13%
VRTX	D	0.23%	0.31%	0.23%
WFC	A	0.75%	0.7%	0.7%
XYL	D	-0.23%	0.02%	-0.23%
ZBRA	B	-0.34%	0.21%	-0.34%

CLSE Overweight 239 Positions Relative to ACVF

Symbol	Grade	Weight
GOOGL	C	3.47%
META	D	3.3%
AMZN	C	2.53%
APP	B	2.25%
CVNA	B	1.85%
WMT	A	1.82%
IDCC	B	1.51%
GDDY	A	1.42%
CVLT	B	1.4%
DOCU	B	1.37%
PYPL	B	1.33%
ACIW	B	1.3%
JHG	B	1.21%
NTNX	B	1.16%
SNEX	B	1.06%
PLTR	B	1.02%
NTAP	C	1.0%
LNG	A	0.97%
SEIC	B	0.95%
HALO	F	0.9%
AMRX	C	0.9%
BFH	C	0.88%
GM	C	0.87%
PPC	C	0.85%
GVA	A	0.84%
MLI	B	0.84%
CARG	B	0.83%
AAPL	C	0.83%
JNJ	C	0.83%
BAC	A	0.81%
PRIM	A	0.8%
NFLX	A	0.79%
THC	D	0.78%
DVA	C	0.78%
IESC	C	0.77%
CPNG	D	0.77%
EME	A	0.75%
CNX	A	0.74%
FTI	A	0.74%
UTHR	C	0.73%
STRL	A	0.71%
ZION	B	0.71%
CMA	B	0.71%
NRG	B	0.71%
UHS	D	0.7%
CEIX	A	0.7%
GEN	B	0.68%
VRT	B	0.68%
UMBF	B	0.66%
ALSN	B	0.66%
MTZ	B	0.66%
AVT	C	0.66%
MWA	B	0.65%
BLK	B	0.65%
JPM	A	0.64%
TSN	B	0.6%
FTDR	B	0.58%
AMG	B	0.58%
LDOS	C	0.55%
VST	A	0.55%
RGA	A	0.55%
GOOG	C	0.49%
UI	B	0.49%
EXP	B	0.48%
CACI	D	0.48%
PNW	A	0.48%
AVA	A	0.47%
PGR	A	0.46%
DUOL	A	0.45%
LPX	B	0.43%
CTRE	C	0.42%
SCCO	F	0.41%
JXN	C	0.39%
SR	A	0.38%
R	B	0.38%
CNA	C	0.37%
CF	A	0.37%
OUT	A	0.36%
CCL	A	0.35%
CDP	C	0.34%
RGLD	C	0.32%
PTON	A	0.31%
LAMR	C	0.31%
MPWR	F	0.3%
VLO	C	0.29%
IIPR	D	0.28%
APA	D	0.25%
NVR	D	0.24%
MATX	C	0.22%
TOL	B	0.22%
EEFT	B	0.22%
FLR	B	0.21%
JLL	D	0.2%
MUSA	B	0.2%
ABM	B	0.19%
BAH	F	0.18%
NTRA	A	0.17%
BOX	B	0.17%
JAZZ	B	0.16%
FN	C	0.13%
VCTR	B	0.12%
VCYT	B	0.12%
CDE	C	0.11%
AEIS	C	0.07%
HQY	A	0.07%
QQQ	B	0.0%
LNTH	D	0.0%
PENN	C	-0.05%
KNX	C	-0.06%
HGV	C	-0.06%
HUN	F	-0.07%
EXAS	D	-0.07%
RYN	D	-0.07%
COOP	B	-0.07%
CCS	D	-0.07%
BC	C	-0.08%
JOE	F	-0.08%
FLYW	B	-0.08%
GNTX	C	-0.09%
JBLU	F	-0.09%
MCW	C	-0.1%
ABG	C	-0.1%
ATO	A	-0.1%
ACVA	B	-0.11%
ENPH	F	-0.11%
CGON	F	-0.11%
FL	F	-0.12%
PCH	F	-0.12%
STLD	B	-0.13%
AVAV	C	-0.13%
ALIT	C	-0.13%
MLM	C	-0.13%
BPOP	C	-0.14%
PYCR	B	-0.14%
DAY	B	-0.14%
REXR	F	-0.14%
ARWR	D	-0.14%
MKL	A	-0.14%
AA	A	-0.14%
CZR	F	-0.15%
COLD	D	-0.15%
GTLS	A	-0.15%
CRL	D	-0.15%
RNR	C	-0.15%
DRVN	B	-0.15%
NARI	C	-0.16%
FIVN	C	-0.16%
BHF	C	-0.16%
XPO	B	-0.16%
OSK	C	-0.16%
LGIH	F	-0.16%
DAR	C	-0.16%
UHAL	D	-0.16%
AGO	B	-0.16%
SITE	F	-0.16%
TEX	F	-0.17%
TREX	C	-0.17%
MDGL	B	-0.17%
MASI	B	-0.17%
KRG	B	-0.17%
ENOV	C	-0.18%
CHDN	B	-0.18%
UEC	B	-0.18%
EBC	B	-0.18%
AGCO	D	-0.18%
COTY	F	-0.18%
AL	B	-0.18%
CNH	C	-0.18%
BRKR	D	-0.18%
WAL	B	-0.19%
AIR	B	-0.19%
KNSL	B	-0.2%
GATX	A	-0.2%
BIRK	D	-0.2%
BE	B	-0.21%
AESI	B	-0.21%
NOG	B	-0.21%
WTM	A	-0.21%
PRCT	B	-0.22%
BANC	B	-0.22%
MTN	C	-0.22%
SAIA	B	-0.22%
SUM	B	-0.22%
EQT	B	-0.23%
WTRG	B	-0.24%
ELF	C	-0.24%
IONS	F	-0.24%
GPOR	B	-0.24%
CELH	F	-0.24%
DELL	B	-0.25%
LW	C	-0.25%
BILL	A	-0.26%
NEOG	F	-0.26%
AUR	C	-0.26%
VAL	F	-0.27%
FOUR	A	-0.27%
STNE	F	-0.27%
TEAM	A	-0.27%
PTEN	C	-0.27%
SOFI	B	-0.28%
ESTC	C	-0.29%
MDB	B	-0.29%
XP	F	-0.29%
CYTK	F	-0.3%
NDAQ	A	-0.3%
APLS	F	-0.3%
GTLB	B	-0.32%
VVV	D	-0.33%
CCOI	B	-0.33%
LPLA	A	-0.34%
INSP	D	-0.34%
FCNCA	A	-0.35%
APO	B	-0.35%
AFRM	A	-0.35%
CACC	D	-0.36%
COHR	B	-0.36%
BBIO	F	-0.36%
ZI	D	-0.36%
ON	D	-0.39%
SATS	D	-0.4%
RBLX	C	-0.41%
U	C	-0.41%
RIVN	F	-0.42%
WBD	B	-0.43%
ALGM	D	-0.45%
DV	C	-0.45%
CGNX	D	-0.45%
MRNA	F	-0.47%
SMCI	F	-0.47%
RH	C	-0.47%
CFLT	B	-0.47%
FND	D	-0.53%
BRZE	C	-0.56%
FIVE	F	-0.56%
WST	C	-0.59%
LITE	B	-0.6%
WDC	D	-0.65%
LSCC	D	-0.7%
FSLR	F	-1.26%

CLSE Underweight 265 Positions Relative to ACVF

Symbol	Grade	Weight
MSFT	D	-4.56%
BRK.A	B	-2.76%
COST	A	-1.72%
MA	B	-1.7%
LLY	F	-1.48%
XOM	B	-1.46%
MCD	D	-1.0%
ADBE	C	-0.98%
NOW	A	-0.95%
INTU	B	-0.92%
PEP	F	-0.9%
TJX	A	-0.88%
ACN	B	-0.88%
LIN	C	-0.85%
MSI	B	-0.83%
FI	A	-0.79%
SO	C	-0.75%
CVX	A	-0.73%
MDLZ	F	-0.65%
MRK	D	-0.65%
SPGI	C	-0.62%
ISRG	A	-0.62%
ETN	A	-0.61%
CI	D	-0.58%
PM	B	-0.58%
AMD	F	-0.55%
CPRT	B	-0.54%
AMAT	F	-0.52%
TMO	F	-0.52%
UBER	F	-0.51%
ABT	B	-0.51%
NEE	C	-0.51%
CAT	B	-0.51%
DHR	F	-0.49%
ORLY	B	-0.48%
MAR	A	-0.48%
SPOT	B	-0.48%
PANW	B	-0.48%
HON	C	-0.47%
CME	B	-0.45%
RTX	D	-0.44%
WM	B	-0.44%
ADI	D	-0.44%
BX	A	-0.42%
MCO	B	-0.42%
CTAS	B	-0.4%
DE	B	-0.39%
CB	C	-0.38%
RSG	A	-0.38%
ADP	A	-0.38%
ICE	C	-0.38%
FICO	B	-0.38%
AMGN	F	-0.37%
VRSN	C	-0.35%
ELV	F	-0.34%
DFS	B	-0.34%
LMT	D	-0.34%
MS	A	-0.33%
PLD	F	-0.33%
DASH	B	-0.32%
VRSK	A	-0.32%
ROST	D	-0.31%
SYK	B	-0.31%
OMC	C	-0.3%
KLAC	F	-0.3%
ADSK	A	-0.3%
BSX	A	-0.29%
MCK	A	-0.28%
EA	A	-0.28%
AZO	C	-0.28%
MPC	D	-0.28%
MMC	B	-0.26%
USB	A	-0.26%
CTSH	B	-0.25%
REGN	F	-0.22%
COP	C	-0.22%
KKR	A	-0.22%
SHW	B	-0.21%
GEV	B	-0.21%
EMR	B	-0.21%
CL	D	-0.21%
UPS	C	-0.21%
WDAY	B	-0.21%
TFC	A	-0.2%
JCI	B	-0.2%
AMP	A	-0.2%
IPG	D	-0.19%
SCHW	B	-0.19%
PH	A	-0.19%
AMT	C	-0.19%
TSCO	D	-0.19%
CSX	C	-0.19%
IT	C	-0.19%
ANSS	B	-0.18%
HUM	C	-0.18%
HLT	A	-0.18%
TT	A	-0.18%
FCX	F	-0.18%
GPN	B	-0.18%
NOC	D	-0.18%
CBOE	C	-0.18%
STZ	D	-0.17%
AON	A	-0.17%
FTNT	C	-0.17%
NXPI	D	-0.17%
ZTS	D	-0.16%
ECL	D	-0.16%
MANH	D	-0.16%
CRWD	B	-0.16%
CMI	A	-0.16%
JBL	C	-0.16%
COF	C	-0.16%
SLB	C	-0.15%
HPQ	B	-0.15%
FDX	B	-0.15%
LAD	A	-0.14%
LHX	C	-0.14%
PCAR	B	-0.14%
BDX	F	-0.14%
CBRE	B	-0.14%
BLDR	D	-0.14%
ITW	B	-0.14%
DUK	C	-0.13%
PAYX	B	-0.13%
EOG	A	-0.13%
FIS	C	-0.13%
SKX	D	-0.12%
WELL	A	-0.12%
TDG	D	-0.12%
F	C	-0.12%
FOX	A	-0.12%
NWSA	A	-0.12%
GWW	B	-0.11%
KMI	A	-0.11%
FAST	B	-0.11%
DHI	F	-0.11%
CCI	C	-0.1%
STT	B	-0.1%
CTVA	C	-0.1%
RCL	A	-0.1%
RJF	A	-0.09%
OKE	A	-0.09%
LEN	D	-0.09%
OXY	D	-0.09%
MMM	D	-0.09%
HCA	F	-0.09%
EBAY	D	-0.09%
RKT	F	-0.09%
WMB	A	-0.09%
NUE	C	-0.09%
BKR	A	-0.08%
CEG	C	-0.08%
ODFL	C	-0.08%
GD	D	-0.08%
KMB	C	-0.08%
MGM	D	-0.08%
PEG	A	-0.08%
WTW	B	-0.08%
PPG	F	-0.07%
BK	A	-0.07%
GEHC	D	-0.07%
AME	A	-0.07%
GIS	D	-0.07%
CFG	B	-0.07%
IP	A	-0.07%
WAB	B	-0.07%
EFX	F	-0.07%
VLTO	C	-0.07%
ADM	D	-0.07%
XEL	A	-0.07%
HIG	B	-0.07%
TROW	B	-0.07%
IR	B	-0.07%
CARR	C	-0.07%
IQV	F	-0.07%
GPC	D	-0.06%
BALL	F	-0.06%
UAL	A	-0.06%
KEYS	A	-0.06%
BBY	D	-0.06%
ETSY	D	-0.06%
LUV	C	-0.06%
EIX	B	-0.06%
AFL	B	-0.06%
KSS	F	-0.06%
A	D	-0.06%
DRI	B	-0.06%
BR	A	-0.06%
UAA	C	-0.06%
AVB	B	-0.06%
UA	C	-0.06%
AAL	B	-0.06%
TRV	B	-0.05%
FTV	C	-0.05%
AIG	B	-0.05%
FE	C	-0.05%
CHD	A	-0.05%
HBAN	A	-0.05%
CDW	F	-0.05%
DD	C	-0.05%
WEC	A	-0.05%
TYL	B	-0.05%
LVS	B	-0.05%
OTIS	C	-0.05%
HAL	C	-0.05%
KHC	F	-0.05%
L	A	-0.04%
YUM	D	-0.04%
HES	B	-0.04%
IDXX	F	-0.04%
DPZ	C	-0.04%
VEEV	C	-0.04%
AMCR	C	-0.04%
DTE	C	-0.04%
PKG	A	-0.04%
STX	C	-0.04%
ES	C	-0.04%
WY	F	-0.04%
LH	B	-0.04%
LYB	F	-0.04%
ROK	C	-0.03%
CNP	A	-0.03%
MKC	C	-0.03%
TPR	B	-0.03%
BWA	D	-0.03%
D	C	-0.03%
PWR	A	-0.03%
ZBH	C	-0.03%
PFG	D	-0.03%
DOW	F	-0.03%
SYY	D	-0.03%
EXC	C	-0.03%
AEP	C	-0.03%
VTR	B	-0.03%
ULTA	F	-0.03%
PHM	D	-0.03%
IFF	D	-0.02%
JBHT	C	-0.02%
BIIB	F	-0.02%
SBAC	D	-0.02%
PVH	C	-0.02%
MOS	F	-0.02%
RL	C	-0.02%
HST	C	-0.02%
ARE	F	-0.02%
PAYC	B	-0.02%
WBA	F	-0.02%
HOLX	D	-0.02%
WYNN	C	-0.02%
O	C	-0.02%
BBWI	C	-0.02%
FMC	D	-0.01%
CE	F	-0.01%
AEE	A	-0.01%
AAP	D	-0.01%
ED	C	-0.01%
PHIN	A	-0.01%
HAS	D	-0.01%
SOLV	D	-0.01%
CLX	A	-0.01%
MAA	B	-0.01%
MTD	F	-0.0%
EMBC	C	-0.0%
FTRE	D	-0.0%
IVZ	B	-0.0%