CLSE vs. AGOX ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Adaptive Growth Opportunities ETF (AGOX)

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

$22.30

Average Daily Volume

47,240

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

AGOX

Adaptive Growth Opportunities ETF

AGOX Description

The investment seeks capital appreciation. The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The manager primarily utilizes ETFs and equities but may also use fixed income securities to diversify its asset classes. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.

Grade (RS Rating)

Last Trade

$28.81

Average Daily Volume

38,425

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	AGOX
30 Days	2.81%	2.24%
60 Days	8.04%	6.71%
90 Days	2.67%	1.71%
12 Months	38.57%	29.25%

21 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in AGOX	Overlap
AAPL	C	1.95%	1.96%	1.95%
AMZN	C	2.37%	7.25%	2.37%
ANF	F	0.24%	0.45%	0.24%
AVGO	C	2.7%	2.86%	2.7%
BAC	D	0.8%	0.21%	0.21%
BIO	B	-0.24%	0.0%	-0.24%
BKNG	C	0.26%	0.39%	0.26%
ELF	F	-0.2%	0.03%	-0.2%
GE	C	-0.29%	1.24%	-0.29%
IESC	B	0.66%	0.34%	0.34%
INTC	D	-0.8%	0.75%	-0.8%
META	A	3.31%	0.23%	0.23%
MPC	F	0.44%	0.01%	0.01%
MSFT	D	1.01%	1.59%	1.01%
NVDA	C	3.84%	2.53%	2.53%
PGR	C	0.47%	1.3%	0.47%
QQQ	C	0.0%	6.61%	0.0%
T	A	1.01%	0.8%	0.8%
TSLA	C	0.74%	0.05%	0.05%
VRT	B	0.42%	0.98%	0.42%
XOM	A	0.59%	0.01%	0.01%

CLSE Overweight 310 Positions Relative to AGOX

Symbol	Grade	Weight
GOOGL	B	3.08%
QCOM	D	2.56%
HPE	B	2.06%
WMT	A	1.94%
ANET	A	1.93%
CVNA	A	1.82%
NTAP	D	1.74%
CVLT	C	1.65%
ORCL	B	1.46%
APP	A	1.45%
IBM	B	1.43%
GDDY	D	1.41%
DOCU	B	1.4%
GOOG	B	1.26%
HD	A	1.22%
IDCC	A	1.17%
ACIW	B	1.16%
PYPL	C	1.07%
MU	D	1.05%
ABBV	A	1.02%
AMG	B	1.0%
SNEX	C	1.0%
JHG	C	0.97%
NTNX	C	0.95%
AVT	C	0.95%
SYF	B	0.94%
HALO	D	0.94%
BMY	B	0.92%
GILD	A	0.91%
JNJ	D	0.91%
NTRS	C	0.89%
THC	C	0.86%
EME	C	0.86%
DVA	C	0.83%
AMRX	B	0.83%
OGN	F	0.83%
MLI	C	0.78%
UHS	D	0.78%
VLO	F	0.77%
SEIC	B	0.77%
PPC	B	0.77%
MO	D	0.76%
BFH	D	0.74%
FTDR	C	0.73%
JXN	A	0.71%
PG	C	0.7%
CNC	F	0.7%
NRG	A	0.69%
BG	F	0.69%
COR	F	0.68%
IIPR	C	0.67%
CHRW	A	0.67%
ADMA	C	0.67%
GVA	A	0.65%
LNG	A	0.65%
UMBF	C	0.63%
FITB	C	0.61%
PATK	C	0.61%
PNC	C	0.59%
RF	C	0.59%
JPM	D	0.59%
MWA	A	0.58%
WFC	D	0.58%
CAH	B	0.58%
SLVM	C	0.58%
UNP	D	0.57%
MTZ	B	0.57%
VST	A	0.56%
MET	A	0.56%
PRIM	C	0.56%
MATX	C	0.56%
DVN	F	0.55%
REZI	D	0.55%
AVA	D	0.55%
RTX	A	0.54%
NEE	A	0.54%
LMT	A	0.54%
TSN	D	0.53%
NEM	C	0.52%
STRL	B	0.52%
OSCR	C	0.52%
RGA	C	0.52%
GM	D	0.51%
EXPE	B	0.5%
MRK	F	0.5%
PNW	A	0.48%
CNA	D	0.47%
ATGE	D	0.47%
KLAC	B	0.47%
MDT	B	0.46%
LNTH	C	0.46%
LDOS	A	0.45%
CVX	B	0.45%
EXP	C	0.44%
CACI	A	0.44%
SCCO	B	0.44%
EQR	C	0.41%
RGLD	C	0.41%
SPG	A	0.4%
ACT	C	0.39%
CFG	D	0.39%
EEFT	F	0.39%
FCX	B	0.38%
MUSA	D	0.38%
LAMR	C	0.36%
CAT	A	0.36%
ALSN	A	0.35%
CTRE	B	0.35%
NSA	C	0.35%
IBP	B	0.34%
TOL	A	0.34%
KBH	C	0.32%
J	D	0.32%
STAG	D	0.32%
ABM	D	0.32%
NFLX	A	0.31%
SM	F	0.31%
NVR	A	0.31%
BCO	C	0.31%
AMGN	D	0.28%
GLW	B	0.28%
OUT	C	0.27%
ALNY	C	0.25%
CCL	C	0.25%
JLL	B	0.25%
ASPN	D	0.25%
CVS	D	0.19%
CPNG	C	0.18%
KMB	B	0.16%
KR	C	0.16%
NTRA	A	0.15%
SPOT	B	0.14%
GRMN	D	0.09%
ADUS	D	0.0%
MHO	C	0.0%
VTRS	D	0.0%
KNF	C	0.0%
MRO	D	0.0%
HRB	C	0.0%
JOBY	D	-0.04%
CAR	D	-0.06%
PENN	D	-0.07%
PGNY	F	-0.08%
AES	B	-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	B	-0.1%
VAC	D	-0.1%
LGIH	C	-0.1%
HGV	F	-0.1%
AWR	A	-0.1%
VMC	D	-0.11%
HHH	C	-0.11%
ACVA	C	-0.11%
SBUX	B	-0.11%
SJM	C	-0.12%
ALIT	D	-0.12%
JBLU	B	-0.13%
RBLX	C	-0.13%
PCH	C	-0.14%
PPBI	F	-0.14%
MTN	D	-0.14%
EXR	C	-0.15%
MKL	C	-0.15%
KRG	C	-0.15%
COLD	D	-0.15%
DAY	B	-0.15%
AA	B	-0.15%
BIRK	F	-0.15%
PYCR	D	-0.15%
WAL	C	-0.16%
THO	B	-0.16%
WY	B	-0.16%
CC	D	-0.16%
WTRG	D	-0.16%
CHDN	D	-0.16%
OKE	B	-0.17%
OSK	F	-0.17%
AESI	B	-0.17%
ENOV	F	-0.17%
UHAL	A	-0.17%
ALGM	F	-0.17%
BEAM	F	-0.17%
KNSL	D	-0.18%
LUV	B	-0.18%
CHK	D	-0.18%
NTLA	F	-0.18%
TXG	F	-0.18%
VNO	A	-0.18%
HI	F	-0.18%
TFC	D	-0.19%
CINF	A	-0.19%
TTD	C	-0.19%
AJG	D	-0.19%
PNFP	D	-0.19%
LKQ	F	-0.19%
XPO	F	-0.19%
CGON	C	-0.19%
CACC	F	-0.2%
SOFI	C	-0.2%
BE	F	-0.2%
AVAV	B	-0.2%
APD	C	-0.2%
GTLS	F	-0.2%
KROS	B	-0.2%
CNH	B	-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	D	-0.21%
FLYW	F	-0.22%
WOLF	F	-0.22%
COTY	F	-0.22%
RBA	D	-0.22%
XYL	C	-0.22%
FCNCA	D	-0.22%
WTM	D	-0.22%
UEC	B	-0.22%
ARWR	F	-0.22%
DXCM	F	-0.23%
KLIC	D	-0.23%
EL	D	-0.23%
SW	C	-0.24%
RNR	A	-0.24%
SUM	D	-0.24%
AEIS	F	-0.25%
CNX	A	-0.26%
AL	D	-0.26%
HSY	D	-0.26%
C	B	-0.26%
EQT	B	-0.27%
SITE	D	-0.27%
ALB	D	-0.27%
PEN	D	-0.27%
ROIV	D	-0.27%
GMED	D	-0.28%
LW	D	-0.28%
D	A	-0.29%
CELH	F	-0.29%
MRNA	F	-0.3%
PSA	C	-0.3%
NEOG	D	-0.3%
PTEN	F	-0.3%
GT	F	-0.3%
APLS	F	-0.31%
SRE	A	-0.31%
MNST	D	-0.31%
VVV	D	-0.31%
ENPH	D	-0.32%
EVTC	D	-0.32%
INSP	B	-0.32%
AUR	C	-0.34%
FDS	C	-0.34%
MKTX	C	-0.34%
ON	F	-0.34%
MARA	F	-0.34%
NDAQ	C	-0.35%
AFRM	C	-0.35%
BRZE	F	-0.36%
APO	A	-0.36%
LPLA	D	-0.37%
BA	F	-0.37%
FOUR	B	-0.37%
EXAS	C	-0.38%
LYV	A	-0.38%
RIVN	F	-0.38%
ADBE	F	-0.39%
ZBRA	A	-0.39%
RIOT	F	-0.39%
PATH	D	-0.4%
CYTK	F	-0.41%
WBD	D	-0.42%
SATS	C	-0.43%
BBIO	F	-0.43%
ZI	F	-0.44%
MDB	F	-0.44%
GLOB	B	-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	B	-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	B	-0.56%
DELL	C	-0.6%
FND	C	-0.64%
GFS	F	-0.67%
LITE	A	-0.79%
WDC	C	-0.8%
LSCC	D	-0.81%
TXN	C	-0.85%

CLSE Underweight 55 Positions Relative to AGOX

Symbol	Grade	Weight
LLY	D	-9.22%
XLC	A	-3.53%
HWM	A	-2.03%
BSX	A	-1.86%
SMH	C	-1.47%
CRM	B	-1.4%
VRTX	D	-1.05%
VRSK	D	-1.04%
DECK	B	-1.04%
KCE	B	-1.02%
FICO	A	-0.95%
CEG	B	-0.88%
NVO	F	-0.87%
BMI	A	-0.86%
GWW	A	-0.86%
APPF	C	-0.84%
TDG	A	-0.83%
REGN	D	-0.82%
CPRT	B	-0.81%
ETN	C	-0.79%
CRS	C	-0.76%
XAR	A	-0.67%
SNPS	F	-0.66%
MMS	B	-0.65%
SPSC	D	-0.64%
CBOE	A	-0.59%
SMCI	F	-0.54%
ARGT	C	-0.47%
CDNS	D	-0.45%
AMD	D	-0.43%
PTGX	C	-0.42%
IR	A	-0.42%
AMP	A	-0.38%
MOG.A	A	-0.37%
RJF	B	-0.3%
FSS	B	-0.3%
ECL	B	-0.29%
GRBK	C	-0.29%
TYL	B	-0.28%
TPH	C	-0.28%
AI	F	-0.26%
HUBB	A	-0.25%
MDGL	F	-0.24%
SWKS	F	-0.22%
AROC	B	-0.2%
WCC	C	-0.2%
MANH	C	-0.2%
WINA	D	-0.2%
SCHW	D	-0.19%
TEX	F	-0.18%
PWR	B	-0.12%
ACLS	F	-0.05%
SAGE	F	-0.03%
ADI	C	-0.01%
OGIG	A	-0.0%