CLSE vs. BIV ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Vanguard Intermediate-Term Bond ETF (BIV)
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

$22.51

Average Daily Volume

49,544

Number of Holdings *

331

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

Vanguard Intermediate-Term Bond ETF

BIV Description The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$77.30

Average Daily Volume

1,048,975

Number of Holdings *

484

* may have additional holdings in another (foreign) market
Performance
Period CLSE BIV
30 Days 5.51% -0.60%
60 Days 11.19% 0.34%
90 Days 4.00% 3.60%
12 Months 39.98% 11.64%
105 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in BIV Overlap
AAPL C 1.95% 0.01% 0.01%
ABBV C 1.02% 0.05% 0.05%
ADBE F -0.39% 0.02% -0.39%
AES C -0.08% 0.01% -0.08%
AL D -0.26% 0.01% -0.26%
AMG B 1.0% 0.02% 0.02%
AMGN D 0.28% 0.01% 0.01%
AMZN C 2.37% 0.02% 0.02%
APD C -0.2% 0.01% -0.2%
AVGO B 2.7% 0.01% 0.01%
AVT B 0.95% 0.01% 0.01%
BA F -0.37% 0.01% -0.37%
BAC B 0.8% 0.01% 0.01%
BG F 0.69% 0.01% 0.01%
BKNG B 0.26% 0.01% 0.01%
BMY A 0.92% 0.01% 0.01%
C B -0.26% 0.01% -0.26%
CAH B 0.58% 0.03% 0.03%
CAT A 0.36% 0.01% 0.01%
CFG C 0.39% 0.01% 0.01%
CHRW C 0.67% 0.02% 0.02%
CINF A -0.19% 0.01% -0.19%
CNA D 0.47% 0.01% 0.01%
CNH C -0.2% 0.01% -0.2%
CVS D 0.19% 0.01% 0.01%
CVX B 0.45% 0.01% 0.01%
D A -0.29% 0.01% -0.29%
DELL C -0.6% 0.01% -0.6%
DLTR F -0.45% 0.03% -0.45%
DVN F 0.55% 0.01% 0.01%
EL D -0.23% 0.01% -0.23%
EQR C 0.41% 0.01% 0.01%
EW F -0.21% 0.01% -0.21%
EXPE B 0.5% 0.02% 0.02%
EXR D -0.15% 0.01% -0.15%
FITB C 0.61% 0.01% 0.01%
GE B -0.29% 0.02% -0.29%
GILD A 0.91% 0.01% 0.01%
GM D 0.51% 0.01% 0.01%
GOOGL B 3.08% 0.02% 0.02%
HD A 1.22% 0.01% 0.01%
HRB C 0.0% 0.01% 0.0%
HSY D -0.26% 0.01% -0.26%
IBM A 1.43% 0.01% 0.01%
INTC D -0.8% 0.01% -0.8%
JNJ D 0.91% 0.01% 0.01%
JPM C 0.59% 0.01% 0.01%
KLAC B 0.47% 0.02% 0.02%
KMB D 0.16% 0.01% 0.01%
KR C 0.16% 0.01% 0.01%
KRG C -0.15% 0.01% -0.15%
LDOS A 0.45% 0.02% 0.02%
LMT A 0.54% 0.02% 0.02%
LUV B -0.18% 0.01% -0.18%
MDT C 0.46% 0.01% 0.01%
MET A 0.56% 0.02% 0.02%
MKL B -0.15% 0.01% -0.15%
MO D 0.76% 0.01% 0.01%
MPC D 0.44% 0.01% 0.01%
MRK F 0.5% 0.02% 0.02%
MRO B 0.0% 0.02% 0.0%
MSFT D 1.01% 0.1% 0.1%
MU D 1.05% 0.02% 0.02%
NDAQ C -0.35% 0.01% -0.35%
NEE C 0.54% 0.01% 0.01%
NEM C 0.52% 0.02% 0.02%
NTAP D 1.74% 0.01% 0.01%
NTRS B 0.89% 0.01% 0.01%
NVDA B 3.84% 0.03% 0.03%
NVR C 0.31% 0.01% 0.01%
OKE A -0.17% 0.01% -0.17%
ORCL A 1.46% 0.01% 0.01%
OSK F -0.17% 0.01% -0.17%
PG D 0.7% 0.01% 0.01%
PGR B 0.47% 0.02% 0.02%
PNC C 0.59% 0.01% 0.01%
PNW C 0.48% 0.01% 0.01%
PSA C -0.3% 0.01% -0.3%
PYPL A 1.07% 0.02% 0.02%
QCOM D 2.56% 0.02% 0.02%
RF B 0.59% 0.01% 0.01%
RGA B 0.52% 0.01% 0.01%
RNR A -0.24% 0.01% -0.24%
RTX A 0.54% 0.01% 0.01%
SBUX B -0.11% 0.01% -0.11%
SJM D -0.12% 0.01% -0.12%
SPG A 0.4% 0.01% 0.01%
SRE C -0.31% 0.01% -0.31%
SYF A 0.94% 0.02% 0.02%
T B 1.01% 0.01% 0.01%
TFC D -0.19% 0.01% -0.19%
TSN D 0.53% 0.03% 0.03%
TXN C -0.85% 0.01% -0.85%
UHS D 0.78% 0.02% 0.02%
UNP F 0.57% 0.01% 0.01%
VLO F 0.77% 0.01% 0.01%
VMC D -0.11% 0.01% -0.11%
VNO B -0.18% 0.01% -0.18%
VTRS D 0.0% 0.02% 0.0%
WFC B 0.58% 0.04% 0.04%
WMT A 1.94% 0.01% 0.01%
WTRG D -0.16% 0.01% -0.16%
WY C -0.16% 0.02% -0.16%
XOM A 0.59% 0.01% 0.01%
XYL C -0.22% 0.01% -0.22%
CLSE Overweight 226 Positions Relative to BIV
Symbol Grade Weight
META A 3.31%
HPE B 2.06%
ANET A 1.93%
CVNA A 1.82%
CVLT B 1.65%
APP A 1.45%
GDDY B 1.41%
DOCU A 1.4%
GOOG B 1.26%
IDCC A 1.17%
ACIW A 1.16%
SNEX B 1.0%
JHG A 0.97%
NTNX C 0.95%
HALO D 0.94%
THC D 0.86%
EME B 0.86%
DVA C 0.83%
AMRX B 0.83%
OGN F 0.83%
MLI B 0.78%
SEIC B 0.77%
PPC C 0.77%
BFH D 0.74%
TSLA C 0.74%
FTDR B 0.73%
JXN A 0.71%
CNC F 0.7%
NRG A 0.69%
COR F 0.68%
IIPR C 0.67%
ADMA A 0.67%
IESC A 0.66%
GVA A 0.65%
LNG A 0.65%
UMBF C 0.63%
PATK A 0.61%
MWA A 0.58%
SLVM C 0.58%
MTZ A 0.57%
VST A 0.56%
PRIM A 0.56%
MATX C 0.56%
REZI D 0.55%
AVA D 0.55%
STRL B 0.52%
OSCR C 0.52%
ATGE D 0.47%
LNTH C 0.46%
EXP C 0.44%
CACI A 0.44%
SCCO B 0.44%
VRT B 0.42%
RGLD C 0.41%
ACT B 0.39%
EEFT F 0.39%
FCX B 0.38%
MUSA D 0.38%
LAMR C 0.36%
ALSN A 0.35%
CTRE C 0.35%
NSA D 0.35%
IBP C 0.34%
TOL C 0.34%
KBH D 0.32%
J F 0.32%
STAG D 0.32%
ABM D 0.32%
NFLX A 0.31%
SM D 0.31%
BCO C 0.31%
GLW C 0.28%
OUT C 0.27%
ALNY C 0.25%
CCL C 0.25%
JLL C 0.25%
ASPN C 0.25%
ANF D 0.24%
CPNG C 0.18%
NTRA A 0.15%
SPOT C 0.14%
GRMN D 0.09%
QQQ B 0.0%
ADUS D 0.0%
MHO C 0.0%
KNF B 0.0%
JOBY C -0.04%
CAR D -0.06%
PENN D -0.07%
PGNY F -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 C -0.1%
VAC D -0.1%
LGIH C -0.1%
HGV F -0.1%
AWR B -0.1%
HHH C -0.11%
ACVA C -0.11%
ALIT D -0.12%
JBLU B -0.13%
RBLX D -0.13%
PCH C -0.14%
PPBI D -0.14%
MTN D -0.14%
COLD D -0.15%
DAY C -0.15%
AA B -0.15%
BIRK F -0.15%
PYCR D -0.15%
WAL C -0.16%
THO C -0.16%
CC D -0.16%
CHDN C -0.16%
AESI B -0.17%
ENOV F -0.17%
UHAL C -0.17%
ALGM F -0.17%
BEAM F -0.17%
KNSL B -0.18%
CHK C -0.18%
NTLA F -0.18%
TXG F -0.18%
HI F -0.18%
TTD A -0.19%
AJG C -0.19%
PNFP B -0.19%
LKQ F -0.19%
XPO F -0.19%
CGON C -0.19%
CACC F -0.2%
ELF F -0.2%
SOFI C -0.2%
BE F -0.2%
AVAV B -0.2%
GTLS D -0.2%
KROS C -0.2%
GATX F -0.2%
BANC D -0.2%
GPOR B -0.21%
COLB C -0.21%
IRTC F -0.21%
MSCI B -0.21%
AGCO D -0.21%
TREX D -0.21%
AIR C -0.21%
FLYW F -0.22%
WOLF F -0.22%
COTY F -0.22%
RBA D -0.22%
FCNCA D -0.22%
WTM C -0.22%
UEC C -0.22%
ARWR F -0.22%
DXCM F -0.23%
KLIC D -0.23%
SW C -0.24%
SUM F -0.24%
BIO B -0.24%
AEIS B -0.25%
CNX A -0.26%
EQT C -0.27%
SITE D -0.27%
ALB D -0.27%
PEN D -0.27%
ROIV D -0.27%
GMED B -0.28%
LW D -0.28%
CELH F -0.29%
MRNA F -0.3%
NEOG F -0.3%
PTEN F -0.3%
GT F -0.3%
APLS F -0.31%
MNST D -0.31%
VVV D -0.31%
ENPH F -0.32%
EVTC D -0.32%
INSP C -0.32%
AUR C -0.34%
FDS C -0.34%
MKTX B -0.34%
ON F -0.34%
MARA F -0.34%
AFRM C -0.35%
BRZE F -0.36%
APO A -0.36%
LPLA D -0.37%
FOUR A -0.37%
EXAS C -0.38%
LYV A -0.38%
RIVN F -0.38%
ZBRA B -0.39%
RIOT F -0.39%
PATH D -0.4%
CYTK D -0.41%
WBD F -0.42%
SATS C -0.43%
BBIO F -0.43%
ZI F -0.44%
MDB D -0.44%
GLOB D -0.45%
CGNX F -0.45%
CCOI B -0.45%
DV F -0.46%
CASY D -0.47%
TTWO D -0.47%
BILL D -0.48%
LBRDK C -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 D -0.56%
FND C -0.64%
GFS F -0.67%
LITE A -0.79%
WDC C -0.8%
LSCC D -0.81%
CLSE Underweight 379 Positions Relative to BIV
Symbol Grade Weight
WIT C -0.35%
DT B -0.11%
AXP A -0.05%
DD C -0.05%
BIIB F -0.04%
MS A -0.04%
TMUS A -0.04%
CB A -0.03%
KOF D -0.03%
SLB D -0.03%
RJF B -0.03%
BWA C -0.03%
BMO B -0.03%
ESGR C -0.03%
NOW B -0.03%
BABA A -0.03%
LVS B -0.02%
NI A -0.02%
LRCX D -0.02%
INVH D -0.02%
EOG B -0.02%
EBAY A -0.02%
CTAS C -0.02%
BR B -0.02%
ADI B -0.02%
CPB D -0.02%
XRAY D -0.02%
QRVO F -0.02%
MOS F -0.02%
MTB A -0.02%
HST D -0.02%
HPQ B -0.02%
HIG A -0.02%
HAL D -0.02%
EFX D -0.02%
DAL C -0.02%
EA D -0.02%
DXC C -0.02%
DOX B -0.02%
ETN B -0.02%
BC C -0.02%
CNO B -0.02%
ADP A -0.02%
ADM F -0.02%
ARCC A -0.02%
AAP F -0.02%
TEL D -0.02%
SYK C -0.02%
VRSN C -0.02%
ZBH F -0.02%
TRMB B -0.02%
RL B -0.02%
DOC C -0.02%
REGN D -0.02%
MCD A -0.02%
DLR C -0.02%
GSK F -0.02%
WAB A -0.02%
PH A -0.02%
GD C -0.02%
CHTR D -0.02%
CRM B -0.02%
DFS A -0.02%
CAG D -0.02%
SYY D -0.02%
MPLX B -0.02%
ET A -0.02%
MMC D -0.02%
BSX A -0.02%
NWG B -0.02%
HCA C -0.02%
FOXA B -0.02%
CARR A -0.02%
NOC B -0.02%
VOD D -0.02%
MUFG D -0.02%
WTFC B -0.01%
SKT A -0.01%
RS D -0.01%
ROST D -0.01%
PWR A -0.01%
REXR D -0.01%
SAVE F -0.01%
GBDC B -0.01%
ALLE A -0.01%
AXS A -0.01%
CMA C -0.01%
CHD D -0.01%
CE D -0.01%
CBT B -0.01%
THG A -0.01%
UNM A -0.01%
TME B -0.01%
NOV F -0.01%
OGS C -0.01%
IFF D -0.01%
L C -0.01%
JCI C -0.01%
KMT C -0.01%
KMPR D -0.01%
EPRT C -0.01%
WU D -0.01%
TKR B -0.01%
WLK C -0.01%
SNA C -0.01%
SF A -0.01%
PSEC C -0.01%
DOV C -0.01%
AFG A -0.01%
APTV D -0.01%
WBS D -0.01%
LII C -0.01%
OCSL D -0.01%
MCY B -0.01%
PDM C -0.01%
MP C -0.01%
EMN C -0.01%
FSK A -0.01%
LXP D -0.01%
OPI F -0.01%
BEN F -0.01%
BDN B -0.01%
AMH D -0.01%
WEC B -0.01%
WB B -0.01%
ZION D -0.01%
VRSK D -0.01%
VNT F -0.01%
WPC C -0.01%
R C -0.01%
SITC D -0.01%
PKG B -0.01%
RPM A -0.01%
PHM C -0.01%
PFG A -0.01%
SCS D -0.01%
SAFE C -0.01%
PPG D -0.01%
SON D -0.01%
SNX C -0.01%
FMC C -0.01%
FLS A -0.01%
FLO D -0.01%
BBY C -0.01%
ALL A -0.01%
BAX D -0.01%
AIZ B -0.01%
CMI A -0.01%
CME A -0.01%
AVB C -0.01%
AGR C -0.01%
AGO B -0.01%
ATO A -0.01%
AEE A -0.01%
ARW C -0.01%
ADC C -0.01%
ACGL A -0.01%
BKU D -0.01%
AAT C -0.01%
OGE C -0.01%
NVT C -0.01%
MCO D -0.01%
NUE D -0.01%
GPC D -0.01%
GP D -0.01%
HR D -0.01%
HP D -0.01%
INTU F -0.01%
HIW C -0.01%
JD A -0.01%
IEX D -0.01%
GXO D -0.01%
EPR C -0.01%
DHR D -0.01%
DHI C -0.01%
FTNT A -0.01%
FRT D -0.01%
STE D -0.01%
RYN C -0.01%
ROK D -0.01%
SBRA C -0.01%
REG C -0.01%
PRE D -0.01%
MAS C -0.01%
NHI C -0.01%
NEU F -0.01%
MLM F -0.01%
MHK C -0.01%
LIN C -0.01%
AYI A -0.01%
BRO A -0.01%
BNS C -0.01%
BKH C -0.01%
AAL D -0.01%
BERY C -0.01%
AMCR C -0.01%
CP C -0.01%
UDR C -0.01%
WBA F -0.01%
TD B -0.01%
TSCO A -0.01%
SWX C -0.01%
SWKS F -0.01%
VOYA A -0.01%
KEX C -0.01%
ITW C -0.01%
HUBB A -0.01%
HPP F -0.01%
JNPR C -0.01%
ILMN B -0.01%
KSS D -0.01%
KRC C -0.01%
EIX C -0.01%
CTVA A -0.01%
FAF C -0.01%
DRI C -0.01%
DSS F -0.01%
NFG A -0.01%
LLY D -0.01%
OC C -0.01%
LEG D -0.01%
MRVL C -0.01%
NSC C -0.01%
KIM C -0.01%
MAA D -0.01%
ORLY A -0.01%
LNT B -0.01%
OMC C -0.01%
LAZ C -0.01%
KEYS B -0.01%
K B -0.01%
HUN B -0.01%
IPG D -0.01%
INGR B -0.01%
HII F -0.01%
HBAN B -0.01%
JBL C -0.01%
EMR B -0.01%
DGX D -0.01%
DE C -0.01%
ED C -0.01%
CUBE C -0.01%
FLEX B -0.01%
DOW B -0.01%
CNP B -0.01%
CMS A -0.01%
AVY D -0.01%
ADSK B -0.01%
BIDU C -0.01%
UPS D -0.01%
TGT C -0.01%
WELL C -0.01%
TXT F -0.01%
TT A -0.01%
SUI D -0.01%
VFC A -0.01%
TJX D -0.01%
WM B -0.01%
PM D -0.01%
RPRX D -0.01%
ROP D -0.01%
SO A -0.01%
NNN C -0.01%
LNC B -0.01%
LH D -0.01%
LEA F -0.01%
KEY B -0.01%
HUM F -0.01%
GLPI C -0.01%
GL C -0.01%
JEF A -0.01%
HAS A -0.01%
H B -0.01%
ESS D -0.01%
ES D -0.01%
FNF C -0.01%
CSL A -0.01%
EVRG C -0.01%
ETR A -0.01%
AZO D -0.01%
AWK D -0.01%
CLX C -0.01%
BRX C -0.01%
A B -0.01%
CBOE B -0.01%
AN D -0.01%
VTR C -0.01%
SWK C -0.01%
ZTS C -0.01%
STLD C -0.01%
PSX D -0.01%
SPGI C -0.01%
AZN D -0.01%
AFL A -0.01%
AER C -0.01%
BLK A -0.01%
BK A -0.01%
BHF D -0.01%
APH D -0.01%
CCI D -0.01%
AMAT C -0.01%
LEN C -0.01%
MSI A -0.01%
GPN F -0.01%
GIS C -0.01%
ICE A -0.01%
EQNR D -0.01%
EQIX C -0.01%
FDX F -0.01%
ECL C -0.01%
NKE D -0.01%
PAA B -0.01%
MKC C -0.01%
MA A -0.01%
LYB B -0.01%
MMM C -0.01%
OHI C -0.01%
O C -0.01%
NXPI F -0.01%
HRL F -0.01%
TDY A -0.01%
STT A -0.01%
TMO D -0.01%
WRK C -0.01%
WHR C -0.01%
PLD D -0.01%
RSG D -0.01%
FANG D -0.01%
CSX D -0.01%
BXP B -0.01%
XEL C -0.01%
PRU B -0.01%
PEG A -0.01%
AEP C -0.01%
AON A -0.01%
EQH B -0.01%
DTE B -0.01%
FIS A -0.01%
STZ D -0.01%
EPD A -0.01%
DG F -0.01%
DB A -0.01%
COF A -0.01%
OTIS A -0.01%
LHX A -0.01%
MDLZ D -0.01%
KDP C -0.01%
WMB A -0.01%
V B -0.01%
SHW C -0.01%
PEP F -0.01%
DUK C -0.01%
EXC C -0.01%
AMT D -0.01%
COP D -0.01%
USB C -0.01%
HON C -0.01%
MAR A -0.01%
CPT C -0.01%
PFE D -0.01%
SCHW D -0.01%
ARE D -0.01%
ABT C -0.01%
HES D -0.01%
KO C -0.01%
DIS D -0.01%
LOW C -0.01%
UNH B -0.01%
AIG C -0.01%
KMI A -0.01%
BDX C -0.01%
CI D -0.01%
COST C -0.01%
UAL A -0.01%
PCG C -0.01%
GS B -0.01%
HSBC A -0.01%
VZ C -0.01%
CMCSA B -0.01%
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