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

$23.68

Average Daily Volume

63,329

Number of Holdings *

337

* 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

$75.52

Average Daily Volume

1,237,465

Number of Holdings *

484

* may have additional holdings in another (foreign) market
Performance
Period CLSE BIV
30 Days 4.36% -1.55%
60 Days 7.10% -3.25%
90 Days 9.99% -2.09%
12 Months 40.17% 6.66%
107 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in BIV Overlap
AAPL C 1.12% 0.01% 0.01%
ABBV F 1.03% 0.05% 0.05%
ADBE D -0.51% 0.02% -0.51%
AES F -0.08% 0.01% -0.08%
AGO A -0.14% 0.01% -0.14%
AL B -0.17% 0.01% -0.17%
ALL A 0.45% 0.01% 0.01%
AMG C 0.9% 0.02% 0.02%
AMZN B 2.42% 0.02% 0.02%
APD A -0.1% 0.01% -0.1%
APH B 0.67% 0.01% 0.01%
ATO A -0.21% 0.01% -0.21%
AVGO C 2.43% 0.01% 0.01%
AVT C 0.7% 0.01% 0.01%
AWK C -0.27% 0.01% -0.27%
BA D -0.37% 0.01% -0.37%
BAC A 0.78% 0.01% 0.01%
BC D -0.09% 0.02% -0.09%
BEN C -0.31% 0.01% -0.31%
BHF B -0.16% 0.01% -0.16%
BKNG A 0.37% 0.01% 0.01%
BMY A 1.28% 0.01% 0.01%
C B -0.17% 0.01% -0.17%
CAH B 0.76% 0.03% 0.03%
CHRW B 0.58% 0.02% 0.02%
CINF A 0.12% 0.01% 0.01%
CNA C 0.44% 0.01% 0.01%
CNH C -0.16% 0.01% -0.16%
CVS F 0.29% 0.01% 0.01%
DELL B -0.55% 0.01% -0.55%
DG F -0.36% 0.01% -0.36%
DLR A -0.11% 0.02% -0.11%
DLTR F -0.38% 0.03% -0.38%
EL F -0.12% 0.01% -0.12%
EQIX A -0.12% 0.01% -0.12%
EQR C 0.34% 0.01% 0.01%
EW C -0.16% 0.01% -0.16%
EXPE B 0.6% 0.02% 0.02%
EXR C -0.14% 0.01% -0.14%
FITB B 0.75% 0.01% 0.01%
GE D -0.48% 0.02% -0.48%
GILD B 1.11% 0.01% 0.01%
GM B 0.82% 0.01% 0.01%
GOOGL B 3.45% 0.02% 0.02%
HD A 1.12% 0.01% 0.01%
HSY F -0.23% 0.01% -0.23%
HUN F -0.08% 0.01% -0.08%
IBM C 0.62% 0.01% 0.01%
ILMN C 0.1% 0.01% 0.01%
INTC C -0.99% 0.01% -0.99%
JNJ D 0.84% 0.01% 0.01%
JPM A 0.62% 0.01% 0.01%
KEY B -0.25% 0.01% -0.25%
KR B 0.17% 0.01% 0.01%
KRG A -0.17% 0.01% -0.17%
LDOS C 0.64% 0.02% 0.02%
LRCX F 0.0% 0.02% 0.0%
MDT D 0.3% 0.01% 0.01%
MET A 0.51% 0.02% 0.02%
MKL A -0.13% 0.01% -0.13%
MLM B -0.14% 0.01% -0.14%
MO A 0.76% 0.01% 0.01%
MPC D 0.45% 0.01% 0.01%
MRK F 0.15% 0.02% 0.02%
MU D 2.37% 0.02% 0.02%
NDAQ A -0.3% 0.01% -0.3%
NEM D 0.32% 0.02% 0.02%
NSC B -0.11% 0.01% -0.11%
NTAP C 1.21% 0.01% 0.01%
NTRS A 1.06% 0.01% 0.01%
NVDA A 4.52% 0.03% 0.03%
NVR D 0.25% 0.01% 0.01%
ORCL A 1.33% 0.01% 0.01%
OSK C -0.16% 0.01% -0.16%
PG C 0.44% 0.01% 0.01%
PGR B 0.46% 0.02% 0.02%
PM A 0.42% 0.01% 0.01%
PNC B 0.67% 0.01% 0.01%
PNW B 0.48% 0.01% 0.01%
PRU B 0.12% 0.01% 0.01%
PSA C -0.24% 0.01% -0.24%
PYPL B 1.14% 0.02% 0.02%
QCOM F 1.78% 0.02% 0.02%
R B 0.37% 0.01% 0.01%
REXR F -0.1% 0.01% -0.1%
RF A 0.67% 0.01% 0.01%
RGA B 0.53% 0.01% 0.01%
RNR C -0.16% 0.01% -0.16%
RYN D -0.07% 0.01% -0.07%
SO C 0.0% 0.01% 0.0%
SPG A 0.37% 0.01% 0.01%
SRE A -0.21% 0.01% -0.21%
SYF B 1.08% 0.02% 0.02%
T A 0.53% 0.01% 0.01%
TMUS B 0.56% 0.04% 0.04%
TSN B 0.55% 0.03% 0.03%
TXN C -0.87% 0.01% -0.87%
UHS D 0.71% 0.02% 0.02%
UNP D 0.53% 0.01% 0.01%
VLO C 0.47% 0.01% 0.01%
VMC B -0.08% 0.01% -0.08%
WFC A 0.72% 0.04% 0.04%
WMT A 1.81% 0.01% 0.01%
WTRG B -0.26% 0.01% -0.26%
XOM B 0.56% 0.01% 0.01%
XYL D -0.19% 0.01% -0.19%
ZION B 0.68% 0.01% 0.01%
CLSE Overweight 230 Positions Relative to BIV
Symbol Grade Weight
META C 3.33%
APP A 2.93%
HPE B 1.96%
ANET C 1.92%
CVNA A 1.88%
IDCC A 1.51%
ACIW B 1.49%
CVLT B 1.49%
GDDY A 1.41%
DOCU A 1.34%
JHG B 1.16%
NTNX B 1.13%
SNEX B 1.06%
TSLA A 1.04%
HALO F 1.0%
LNG A 0.93%
BFH B 0.91%
PLTR B 0.9%
PPC B 0.9%
SEIC B 0.89%
AMRX C 0.87%
MLI B 0.87%
GVA A 0.84%
IESC A 0.82%
PRIM A 0.82%
CARG B 0.79%
THC C 0.78%
EME A 0.76%
NFLX A 0.75%
DVA C 0.75%
COR B 0.75%
NRG B 0.74%
STRL A 0.74%
CPNG D 0.73%
ALNY D 0.71%
CEIX A 0.71%
VRT A 0.7%
MWA B 0.68%
MTZ B 0.67%
ALSN B 0.66%
UMBF B 0.65%
JXN C 0.62%
MPWR F 0.62%
FTDR B 0.61%
YOU D 0.6%
FTI A 0.59%
FLR B 0.58%
SLVM C 0.57%
CACI C 0.55%
VST A 0.52%
GOOG B 0.49%
EXP B 0.48%
AVA C 0.46%
GLW B 0.44%
FFIV B 0.44%
SCCO F 0.43%
RMD C 0.43%
LPX A 0.42%
CTRE C 0.42%
UI A 0.38%
CF A 0.36%
SR A 0.36%
J D 0.35%
DUOL A 0.34%
OUT A 0.34%
PTON B 0.34%
RGLD C 0.34%
CCL A 0.34%
LAMR D 0.31%
CNC F 0.31%
IIPR F 0.29%
ATGE B 0.29%
IBP F 0.26%
TOL B 0.23%
MATX B 0.22%
EEFT C 0.22%
JLL D 0.2%
MUSA A 0.2%
ABM B 0.19%
BAH D 0.17%
SQ A 0.15%
NSA C 0.15%
FN B 0.14%
EXPD D 0.14%
GRMN B 0.13%
VCYT A 0.12%
SEE D 0.11%
ANF F 0.11%
NTRA A 0.1%
UTHR C 0.08%
AEIS B 0.07%
INCY C 0.07%
HQY A 0.07%
LNTH F 0.05%
QQQ B 0.0%
PATK D 0.0%
HGV C -0.06%
EXAS D -0.07%
CCS F -0.07%
FLYW B -0.08%
GNTX F -0.09%
JOE F -0.09%
FL F -0.09%
ABG B -0.1%
PENN C -0.1%
MCW C -0.11%
ALIT C -0.12%
ENPH F -0.12%
PCH D -0.12%
ACVA A -0.12%
BECN B -0.13%
PYCR C -0.14%
BPOP C -0.14%
CC D -0.15%
AA A -0.15%
JBLU F -0.15%
AGCO F -0.15%
DAY B -0.15%
GTLS A -0.15%
AVAV C -0.15%
DRVN B -0.15%
MTN C -0.16%
CZR F -0.16%
CRL D -0.16%
TREX D -0.16%
COTY F -0.16%
DAR B -0.16%
NXST C -0.16%
COLD F -0.16%
LGIH F -0.16%
ALB B -0.16%
RBA A -0.17%
UHAL D -0.17%
LKQ F -0.17%
NARI C -0.17%
AJG B -0.17%
KNSL B -0.17%
SITE D -0.17%
XPO B -0.17%
BIRK D -0.17%
AIR B -0.18%
SW A -0.18%
EBC B -0.18%
MASI B -0.18%
MDGL C -0.19%
CHDN C -0.19%
ENOV C -0.19%
WAL B -0.19%
BRKR F -0.19%
TEX D -0.19%
PRCT B -0.19%
TTD B -0.19%
GATX B -0.2%
WTM A -0.2%
CGON F -0.2%
UEC A -0.2%
BE A -0.21%
SAIA C -0.22%
EQT A -0.22%
AESI B -0.22%
GPOR A -0.23%
NOG A -0.23%
BANC B -0.23%
ARWR D -0.24%
SUM B -0.24%
VAL F -0.24%
ELF C -0.24%
LYV A -0.25%
MSCI A -0.26%
LW C -0.26%
TEAM A -0.26%
CELH F -0.26%
ABNB D -0.27%
AUR C -0.27%
PTEN C -0.27%
SOFI A -0.27%
FCNCA A -0.27%
PINS F -0.28%
MNST C -0.28%
FOUR A -0.28%
NEOG D -0.29%
BILL A -0.29%
ESTC C -0.29%
GT C -0.29%
MKTX D -0.3%
XP F -0.3%
MDB C -0.3%
STNE F -0.31%
AFRM A -0.31%
APLS F -0.31%
GTLB B -0.32%
LPLA A -0.34%
VVV D -0.34%
COHR B -0.34%
CACC F -0.34%
ZBRA B -0.35%
APO A -0.35%
CCOI B -0.36%
ALGM F -0.36%
INSP F -0.37%
WBD B -0.39%
PATH C -0.39%
BBIO F -0.4%
RIVN F -0.41%
ON F -0.41%
CYTK D -0.44%
U F -0.45%
MRNA F -0.46%
NWS B -0.47%
MCHP F -0.48%
SATS C -0.48%
CGNX D -0.48%
RH D -0.49%
DV C -0.49%
RBLX B -0.5%
TTWO A -0.5%
FIVE F -0.51%
FND F -0.52%
CFLT B -0.52%
ZI D -0.54%
BRZE C -0.54%
WST D -0.57%
FIVN C -0.58%
DXCM C -0.58%
POOL D -0.58%
SMCI F -0.59%
WDC F -0.73%
LSCC D -0.76%
LITE B -0.88%
FSLR D -1.21%
CLSE Underweight 377 Positions Relative to BIV
Symbol Grade Weight
WIT B -0.35%
DT C -0.11%
MSFT D -0.1%
AXP B -0.05%
DD D -0.05%
BIIB F -0.04%
MS A -0.04%
CB C -0.03%
KOF F -0.03%
SLB C -0.03%
RJF A -0.03%
BWA D -0.03%
BMO A -0.03%
ESGR B -0.03%
NOW B -0.03%
BABA D -0.03%
LVS C -0.02%
NI A -0.02%
LMT D -0.02%
MRO A -0.02%
INVH D -0.02%
KLAC F -0.02%
EOG A -0.02%
EBAY D -0.02%
CTAS B -0.02%
BR B -0.02%
ADI D -0.02%
CPB D -0.02%
XRAY D -0.02%
QRVO F -0.02%
MOS D -0.02%
MTB A -0.02%
HST D -0.02%
HPQ B -0.02%
HIG B -0.02%
HAL C -0.02%
EFX F -0.02%
DAL A -0.02%
EA A -0.02%
DXC D -0.02%
DOX D -0.02%
ETN B -0.02%
CNO B -0.02%
ADP B -0.02%
ADM D -0.02%
ARCC A -0.02%
AAP D -0.02%
TEL C -0.02%
SYK A -0.02%
VRSN F -0.02%
ZBH C -0.02%
TRMB B -0.02%
RL C -0.02%
DOC D -0.02%
REGN F -0.02%
MCD D -0.02%
GSK F -0.02%
WAB B -0.02%
WY D -0.02%
PH B -0.02%
GD D -0.02%
CHTR B -0.02%
CRM B -0.02%
DFS B -0.02%
CAG F -0.02%
SYY D -0.02%
MPLX A -0.02%
VTRS A -0.02%
ET A -0.02%
MMC D -0.02%
BSX A -0.02%
NWG B -0.02%
HCA F -0.02%
FOXA B -0.02%
CARR D -0.02%
NOC D -0.02%
VOD D -0.02%
MUFG A -0.02%
WTFC B -0.01%
SKT A -0.01%
RS B -0.01%
ROST D -0.01%
PWR A -0.01%
SAVE F -0.01%
GBDC B -0.01%
ALLE D -0.01%
AXS A -0.01%
CMA B -0.01%
CHD A -0.01%
CE F -0.01%
CBT C -0.01%
THG A -0.01%
UNM A -0.01%
TME F -0.01%
NOV D -0.01%
OGS A -0.01%
IFF D -0.01%
L A -0.01%
JCI B -0.01%
KMT C -0.01%
KMPR A -0.01%
EPRT A -0.01%
VNO C -0.01%
WU F -0.01%
TKR F -0.01%
WLK F -0.01%
SNA B -0.01%
SF B -0.01%
PSEC D -0.01%
DOV B -0.01%
AFG A -0.01%
APTV F -0.01%
WBS A -0.01%
LII B -0.01%
OCSL F -0.01%
MCY B -0.01%
PDM D -0.01%
MP C -0.01%
EMN D -0.01%
FSK A -0.01%
LXP D -0.01%
OPI F -0.01%
BDN C -0.01%
AMH C -0.01%
WEC A -0.01%
WB C -0.01%
VRSK B -0.01%
VNT C -0.01%
WPC C -0.01%
SITC D -0.01%
PKG B -0.01%
RPM B -0.01%
PHM D -0.01%
PFG C -0.01%
SCS B -0.01%
SAFE F -0.01%
PPG F -0.01%
SON F -0.01%
SNX D -0.01%
FMC D -0.01%
FLS A -0.01%
FLO D -0.01%
BBY D -0.01%
BAX F -0.01%
AIZ A -0.01%
CMI A -0.01%
CME A -0.01%
AVB B -0.01%
AGR A -0.01%
AEE A -0.01%
ARW F -0.01%
ADC A -0.01%
ACGL D -0.01%
BKU A -0.01%
AAT A -0.01%
OGE A -0.01%
NVT C -0.01%
MCO D -0.01%
NUE D -0.01%
GPC F -0.01%
GP F -0.01%
HR C -0.01%
HP C -0.01%
INTU B -0.01%
HIW D -0.01%
JD D -0.01%
IEX B -0.01%
GXO B -0.01%
EPR D -0.01%
DHR D -0.01%
DHI D -0.01%
FTNT B -0.01%
FRT B -0.01%
STE D -0.01%
ROK B -0.01%
SBRA B -0.01%
REG A -0.01%
PRE C -0.01%
MAS D -0.01%
NHI D -0.01%
NEU D -0.01%
MHK D -0.01%
LIN D -0.01%
AYI B -0.01%
BRO B -0.01%
BNS A -0.01%
BKH A -0.01%
AAL B -0.01%
BERY D -0.01%
AMCR D -0.01%
CP F -0.01%
UDR D -0.01%
WBA F -0.01%
TD D -0.01%
TSCO D -0.01%
SWX A -0.01%
SWKS F -0.01%
VOYA B -0.01%
KEX B -0.01%
ITW B -0.01%
HUBB B -0.01%
HPP F -0.01%
JNPR D -0.01%
KSS F -0.01%
KRC C -0.01%
EIX C -0.01%
DVN F -0.01%
CTVA C -0.01%
FAF C -0.01%
DRI C -0.01%
DSS F -0.01%
NFG A -0.01%
LLY F -0.01%
OC A -0.01%
LEG F -0.01%
MRVL B -0.01%
KIM A -0.01%
MAA A -0.01%
ORLY B -0.01%
LNT A -0.01%
OMC C -0.01%
LAZ B -0.01%
KEYS C -0.01%
K B -0.01%
HRB D -0.01%
IPG F -0.01%
INGR B -0.01%
HII F -0.01%
HBAN B -0.01%
JBL C -0.01%
EMR A -0.01%
DGX A -0.01%
DE C -0.01%
ED C -0.01%
CUBE C -0.01%
FLEX B -0.01%
DOW F -0.01%
CNP A -0.01%
CMS C -0.01%
AVY D -0.01%
ADSK B -0.01%
CFG B -0.01%
BIDU F -0.01%
UPS C -0.01%
TGT B -0.01%
WELL A -0.01%
TXT D -0.01%
TT A -0.01%
SUI C -0.01%
VFC C -0.01%
TJX A -0.01%
WM B -0.01%
SJM D -0.01%
RPRX F -0.01%
ROP C -0.01%
NNN C -0.01%
LNC B -0.01%
LH B -0.01%
LEA F -0.01%
HUM D -0.01%
GLPI C -0.01%
GL C -0.01%
JEF A -0.01%
HAS D -0.01%
H B -0.01%
KMB C -0.01%
ESS A -0.01%
ES C -0.01%
FNF A -0.01%
CSL C -0.01%
EVRG A -0.01%
ETR A -0.01%
AZO C -0.01%
CLX A -0.01%
BRX A -0.01%
A F -0.01%
BG D -0.01%
CBOE C -0.01%
AN D -0.01%
VTR A -0.01%
SWK F -0.01%
ZTS D -0.01%
STLD B -0.01%
PSX C -0.01%
SPGI D -0.01%
AZN F -0.01%
AFL C -0.01%
AER B -0.01%
BLK B -0.01%
BK B -0.01%
CCI C -0.01%
AMAT F -0.01%
LEN D -0.01%
MSI B -0.01%
GPN C -0.01%
GIS F -0.01%
ICE C -0.01%
EQNR D -0.01%
FDX B -0.01%
ECL D -0.01%
NKE F -0.01%
PAA A -0.01%
MKC D -0.01%
MA B -0.01%
LYB F -0.01%
MMM D -0.01%
OHI C -0.01%
O C -0.01%
NXPI F -0.01%
HRL D -0.01%
TDY B -0.01%
STT B -0.01%
TMO F -0.01%
WEST C -0.01%
WHR B -0.01%
PLD D -0.01%
RSG A -0.01%
FANG D -0.01%
CSX C -0.01%
BXP D -0.01%
XEL A -0.01%
PEG C -0.01%
SBUX A -0.01%
AEP C -0.01%
AON B -0.01%
EQH B -0.01%
DTE C -0.01%
FIS C -0.01%
CAT C -0.01%
STZ D -0.01%
EPD A -0.01%
DB D -0.01%
COF B -0.01%
OTIS C -0.01%
OKE A -0.01%
LHX B -0.01%
MDLZ F -0.01%
KDP D -0.01%
WMB A -0.01%
V A -0.01%
SHW C -0.01%
PEP F -0.01%
DUK C -0.01%
EXC C -0.01%
AMT D -0.01%
COP B -0.01%
USB B -0.01%
HON A -0.01%
D C -0.01%
CVX A -0.01%
MAR B -0.01%
LUV B -0.01%
CPT C -0.01%
AMGN D -0.01%
TFC A -0.01%
PFE F -0.01%
SCHW A -0.01%
ARE F -0.01%
ABT A -0.01%
HES B -0.01%
KO D -0.01%
DIS B -0.01%
LOW C -0.01%
UNH C -0.01%
AIG C -0.01%
KMI A -0.01%
BDX F -0.01%
NEE C -0.01%
CI D -0.01%
COST A -0.01%
RTX D -0.01%
UAL A -0.01%
PCG A -0.01%
GS B -0.01%
HSBC A -0.01%
VZ C -0.01%
CMCSA B -0.01%
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