CLSE vs. CDEI ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI)

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

66,024

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

CDEI

Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF

CDEI Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.40

Average Daily Volume

644

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	CDEI
30 Days	4.69%	1.83%
60 Days	6.81%	4.03%
90 Days	9.38%	4.65%
12 Months	39.93%	24.85%

96 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in CDEI	Overlap
AAPL	C	0.83%	10.52%	0.83%
ABBV	D	0.72%	0.91%	0.72%
AES	F	-0.08%	0.03%	-0.08%
ALL	A	0.45%	0.16%	0.16%
ANET	C	1.83%	0.3%	0.3%
APH	A	0.67%	0.26%	0.26%
APTV	D	-0.32%	0.04%	-0.32%
AVGO	D	2.28%	2.36%	2.28%
AWK	D	-0.26%	0.08%	-0.26%
BAC	A	0.81%	0.94%	0.81%
BAH	F	0.18%	0.06%	0.06%
BC	C	-0.08%	0.02%	-0.08%
BILL	A	-0.26%	0.03%	-0.26%
BKNG	A	0.44%	0.51%	0.44%
BMY	B	1.11%	0.36%	0.36%
C	A	-0.19%	0.39%	-0.19%
CELH	F	-0.24%	0.01%	-0.24%
CMA	A	0.71%	0.03%	0.03%
CNC	D	0.31%	0.09%	0.09%
COOP	B	-0.07%	0.02%	-0.07%
CSCO	B	-0.52%	0.7%	-0.52%
CVLT	B	1.4%	0.02%	0.02%
CVS	D	0.29%	0.21%	0.21%
DAY	B	-0.14%	0.04%	-0.14%
DELL	C	-0.25%	0.12%	-0.25%
DG	F	-0.4%	0.05%	-0.4%
DLR	B	-0.13%	0.18%	-0.13%
DLTR	F	-0.41%	0.04%	-0.41%
DOCU	A	1.37%	0.05%	0.05%
EL	F	-0.12%	0.05%	-0.12%
EME	C	0.75%	0.07%	0.07%
EQIX	A	-0.14%	0.26%	-0.14%
EW	C	-0.16%	0.12%	-0.16%
EXPD	D	0.14%	0.05%	0.05%
FITB	A	0.78%	0.1%	0.1%
FSLR	F	-1.26%	0.06%	-1.26%
GATX	A	-0.2%	0.02%	-0.2%
GEN	B	0.68%	0.05%	0.05%
GILD	C	1.07%	0.35%	0.35%
GOOGL	C	3.47%	5.91%	3.47%
GTLS	B	-0.15%	0.02%	-0.15%
HALO	F	0.9%	0.02%	0.02%
HD	A	1.13%	1.22%	1.13%
HPE	B	1.92%	0.08%	0.08%
HQY	B	0.07%	0.02%	0.02%
HSY	F	-0.24%	0.08%	-0.24%
INSP	D	-0.34%	0.02%	-0.34%
INTC	D	-0.93%	0.32%	-0.93%
JHG	A	1.21%	0.02%	0.02%
JLL	D	0.2%	0.04%	0.04%
JPM	A	0.64%	2.08%	0.64%
KEY	B	-0.25%	0.05%	-0.25%
KR	B	0.17%	0.13%	0.13%
LPLA	A	-0.34%	0.07%	-0.34%
LRCX	F	0.0%	0.29%	0.0%
MDT	D	0.29%	0.33%	0.29%
MET	A	0.52%	0.15%	0.15%
MKTX	D	-0.29%	0.03%	-0.29%
MRNA	F	-0.47%	0.04%	-0.47%
MTN	C	-0.22%	0.02%	-0.22%
MU	D	2.13%	0.33%	0.33%
NDAQ	A	-0.3%	0.1%	-0.3%
NFLX	A	0.79%	1.08%	0.79%
NRG	B	0.71%	0.06%	0.06%
NTAP	C	1.0%	0.07%	0.07%
NTNX	A	1.16%	0.05%	0.05%
NTRS	A	1.08%	0.06%	0.06%
NVDA	C	4.61%	10.49%	4.61%
ON	D	-0.39%	0.09%	-0.39%
PINS	D	-0.41%	0.05%	-0.41%
POOL	C	-0.61%	0.04%	-0.61%
PRU	A	0.13%	0.14%	0.13%
PYPL	B	1.33%	0.27%	0.27%
QCOM	F	1.73%	0.55%	0.55%
REXR	F	-0.14%	0.03%	-0.14%
RF	A	0.72%	0.07%	0.07%
RGA	A	0.55%	0.05%	0.05%
RNR	C	-0.15%	0.04%	-0.15%
SOFI	A	-0.28%	0.04%	-0.28%
SPG	B	0.37%	0.17%	0.17%
SRE	A	-0.2%	0.17%	-0.2%
SUM	B	-0.22%	0.02%	-0.22%
SYF	B	1.11%	0.08%	0.08%
T	A	0.29%	0.48%	0.29%
TEAM	A	-0.27%	0.12%	-0.27%
TMUS	B	0.7%	0.35%	0.35%
TREX	C	-0.17%	0.02%	-0.17%
UNP	C	0.47%	0.43%	0.43%
VRTX	F	0.23%	0.38%	0.23%
WDC	D	-0.65%	0.06%	-0.65%
WMT	A	1.82%	1.11%	1.11%
WST	C	-0.59%	0.07%	-0.59%
XPO	B	-0.16%	0.05%	-0.16%
XYL	D	-0.23%	0.09%	-0.23%
ZBRA	B	-0.34%	0.06%	-0.34%
ZION	B	0.71%	0.03%	0.03%

CLSE Overweight 241 Positions Relative to CDEI

Symbol	Grade	Weight
META	D	3.3%
AMZN	C	2.53%
APP	B	2.25%
CVNA	B	1.85%
IDCC	A	1.51%
GDDY	A	1.42%
ORCL	B	1.33%
ACIW	B	1.3%
TSLA	B	1.22%
SNEX	B	1.06%
PLTR	B	1.02%
LNG	B	0.97%
SEIC	B	0.95%
AMRX	C	0.9%
BFH	B	0.88%
GM	B	0.87%
COR	B	0.86%
CAH	B	0.86%
PPC	C	0.85%
GVA	A	0.84%
MLI	C	0.84%
CARG	C	0.83%
JNJ	D	0.83%
PRIM	A	0.8%
MO	A	0.79%
THC	D	0.78%
DVA	B	0.78%
IESC	B	0.77%
CPNG	D	0.77%
WFC	A	0.75%
CNX	A	0.74%
FTI	A	0.74%
UTHR	C	0.73%
PNC	B	0.72%
STRL	B	0.71%
UHS	D	0.7%
CEIX	A	0.7%
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	C	0.65%
CHRW	C	0.61%
EXPE	B	0.61%
TSN	B	0.6%
FFIV	B	0.6%
FTDR	A	0.58%
AMG	B	0.58%
LDOS	C	0.55%
VST	B	0.55%
GLW	B	0.52%
SLVM	B	0.5%
GOOG	C	0.49%
UI	A	0.49%
EXP	A	0.48%
CACI	D	0.48%
PNW	B	0.48%
AVA	A	0.47%
PGR	A	0.46%
DUOL	A	0.45%
PG	A	0.45%
LPX	B	0.43%
CTRE	D	0.42%
SCCO	F	0.41%
RMD	C	0.4%
JXN	C	0.39%
SR	A	0.38%
R	B	0.38%
CNA	B	0.37%
CF	B	0.37%
GRMN	B	0.37%
OUT	A	0.36%
EQR	B	0.35%
CCL	B	0.35%
CDP	C	0.34%
RGLD	C	0.32%
PTON	B	0.31%
LAMR	D	0.31%
J	F	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%
NEM	D	0.22%
TOL	B	0.22%
EEFT	B	0.22%
FLR	B	0.21%
MUSA	A	0.2%
ABM	B	0.19%
NTRA	B	0.17%
BOX	B	0.17%
JAZZ	B	0.16%
FOXA	B	0.14%
FN	D	0.13%
VCTR	B	0.12%
VCYT	B	0.12%
CINF	A	0.12%
CDE	D	0.11%
ILMN	D	0.1%
AEIS	B	0.07%
INCY	C	0.07%
QQQ	B	0.0%
LNTH	D	0.0%
PENN	C	-0.05%
KNX	B	-0.06%
HGV	B	-0.06%
HUN	F	-0.07%
EXAS	D	-0.07%
RYN	D	-0.07%
CCS	D	-0.07%
JOE	F	-0.08%
FLYW	C	-0.08%
GNTX	C	-0.09%
JBLU	F	-0.09%
NSC	B	-0.1%
MCW	B	-0.1%
ABG	B	-0.1%
ATO	A	-0.1%
ACVA	B	-0.11%
ENPH	F	-0.11%
CGON	F	-0.11%
RBA	A	-0.12%
FL	F	-0.12%
PCH	D	-0.12%
EXR	D	-0.13%
STLD	B	-0.13%
AVAV	D	-0.13%
ALIT	C	-0.13%
VMC	B	-0.13%
MLM	B	-0.13%
BPOP	B	-0.14%
PYCR	C	-0.14%
ARWR	F	-0.14%
MKL	A	-0.14%
AA	B	-0.14%
CZR	F	-0.15%
COLD	D	-0.15%
APD	A	-0.15%
CRL	C	-0.15%
DRVN	B	-0.15%
NARI	C	-0.16%
FIVN	C	-0.16%
BHF	B	-0.16%
OSK	B	-0.16%
LGIH	D	-0.16%
DAR	C	-0.16%
ALB	C	-0.16%
UHAL	D	-0.16%
AGO	B	-0.16%
SITE	D	-0.16%
SW	A	-0.17%
TEX	D	-0.17%
MDGL	B	-0.17%
LKQ	D	-0.17%
MASI	A	-0.17%
AJG	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%
BIRK	D	-0.2%
BE	B	-0.21%
AESI	B	-0.21%
NOG	A	-0.21%
WTM	A	-0.21%
PRCT	B	-0.22%
BANC	A	-0.22%
SAIA	B	-0.22%
EQT	B	-0.23%
PSA	D	-0.23%
WTRG	B	-0.24%
ELF	C	-0.24%
IONS	F	-0.24%
GPOR	B	-0.24%
LW	C	-0.25%
NEOG	F	-0.26%
AUR	C	-0.26%
VAL	D	-0.27%
FOUR	B	-0.27%
STNE	F	-0.27%
MSCI	C	-0.27%
PTEN	C	-0.27%
MNST	C	-0.28%
ESTC	C	-0.29%
MDB	C	-0.29%
XP	F	-0.29%
CYTK	F	-0.3%
LYV	A	-0.3%
APLS	D	-0.3%
GTLB	B	-0.32%
VVV	F	-0.33%
CCOI	B	-0.33%
ABNB	C	-0.34%
FCNCA	A	-0.35%
APO	B	-0.35%
AFRM	B	-0.35%
CACC	D	-0.36%
COHR	B	-0.36%
BBIO	F	-0.36%
ZI	D	-0.36%
BEN	C	-0.36%
SATS	D	-0.4%
BA	F	-0.4%
RBLX	C	-0.41%
U	C	-0.41%
RIVN	F	-0.42%
TTWO	A	-0.43%
WBD	C	-0.43%
SNPS	B	-0.44%
ALGM	D	-0.45%
DV	C	-0.45%
CGNX	C	-0.45%
GE	D	-0.46%
CDNS	B	-0.46%
SMCI	F	-0.47%
RH	B	-0.47%
CFLT	B	-0.47%
CHTR	C	-0.48%
FND	C	-0.53%
BRZE	C	-0.56%
FIVE	F	-0.56%
NWS	B	-0.57%
LITE	B	-0.6%
MCHP	D	-0.63%
DXCM	D	-0.63%
LSCC	D	-0.7%
ROP	B	-0.7%
TXN	C	-0.81%

CLSE Underweight 274 Positions Relative to CDEI

Symbol	Grade	Weight
MSFT	F	-9.49%
LLY	F	-2.03%
UNH	C	-1.66%
V	A	-1.56%
MA	C	-1.3%
CRM	B	-0.94%
MRK	F	-0.76%
KO	D	-0.74%
ADBE	C	-0.71%
PEP	F	-0.69%
ACN	C	-0.69%
AMD	F	-0.68%
NOW	A	-0.65%
TMO	F	-0.62%
DIS	B	-0.6%
ABT	B	-0.6%
INTU	C	-0.58%
IBM	C	-0.58%
VZ	C	-0.52%
CMCSA	B	-0.51%
AXP	A	-0.5%
DHR	F	-0.48%
AMGN	D	-0.48%
SPGI	C	-0.48%
LOW	D	-0.47%
NEE	D	-0.47%
PFE	D	-0.45%
ETN	A	-0.44%
SYK	C	-0.42%
TJX	A	-0.41%
BSX	B	-0.39%
PANW	C	-0.38%
FI	A	-0.37%
ADP	B	-0.37%
SCHW	B	-0.36%
MMC	B	-0.33%
SBUX	A	-0.33%
ADI	D	-0.32%
DE	A	-0.3%
ELV	F	-0.29%
AMT	D	-0.28%
TT	A	-0.28%
WM	A	-0.27%
PH	A	-0.27%
ICE	C	-0.27%
CI	F	-0.27%
MDLZ	F	-0.26%
WELL	A	-0.25%
MSI	B	-0.25%
REGN	F	-0.25%
CRWD	B	-0.24%
USB	A	-0.24%
AON	A	-0.24%
ZTS	D	-0.24%
CME	A	-0.24%
CL	D	-0.23%
MCO	B	-0.23%
EMR	A	-0.22%
COF	B	-0.21%
TGT	F	-0.21%
BDX	F	-0.2%
FDX	B	-0.2%
ADSK	A	-0.2%
MAR	B	-0.2%
TFC	A	-0.19%
ECL	D	-0.19%
CARR	D	-0.19%
TRV	B	-0.18%
HLT	A	-0.18%
AMP	A	-0.17%
FICO	B	-0.17%
TTD	B	-0.17%
JCI	C	-0.17%
BK	A	-0.17%
FIS	C	-0.15%
AIG	B	-0.15%
O	D	-0.15%
CMI	A	-0.15%
CPRT	A	-0.15%
CCI	D	-0.14%
FAST	B	-0.14%
PWR	A	-0.14%
IR	B	-0.13%
DAL	C	-0.13%
BKR	B	-0.13%
RSG	A	-0.13%
PEG	A	-0.13%
DFS	B	-0.13%
KMB	D	-0.13%
EXC	C	-0.12%
XEL	A	-0.12%
YUM	B	-0.12%
EA	A	-0.12%
OTIS	C	-0.12%
IT	C	-0.12%
HUBS	A	-0.11%
HPQ	B	-0.11%
KDP	D	-0.11%
GIS	D	-0.11%
ACGL	D	-0.11%
IQV	D	-0.11%
SYY	B	-0.11%
A	D	-0.11%
EFX	F	-0.1%
ALNY	D	-0.1%
ROK	B	-0.1%
VEEV	C	-0.1%
HIG	B	-0.1%
IDXX	F	-0.1%
WAB	B	-0.1%
TSCO	D	-0.09%
RJF	A	-0.09%
ANSS	B	-0.09%
CSGP	D	-0.09%
EBAY	D	-0.09%
HBAN	A	-0.08%
VTR	C	-0.08%
FTV	C	-0.08%
BR	A	-0.08%
TYL	B	-0.08%
DECK	A	-0.08%
STE	F	-0.07%
ES	D	-0.07%
WY	D	-0.07%
WAT	B	-0.07%
BIIB	F	-0.07%
DTE	C	-0.07%
PODD	C	-0.06%
BBY	D	-0.06%
PFG	D	-0.06%
CMS	C	-0.06%
OMC	C	-0.06%
CLX	B	-0.06%
STX	D	-0.06%
IFF	D	-0.06%
CFG	B	-0.06%
CBOE	B	-0.06%
K	A	-0.06%
Z	A	-0.05%
EQH	B	-0.05%
LNT	A	-0.05%
ALGN	D	-0.05%
VRSN	F	-0.05%
USFD	A	-0.05%
BAX	D	-0.05%
KIM	A	-0.05%
TWLO	A	-0.05%
BURL	A	-0.05%
OC	A	-0.05%
TER	D	-0.05%
TRMB	B	-0.05%
MAS	D	-0.05%
IEX	B	-0.05%
HOLX	D	-0.05%
WSO	A	-0.05%
SCI	B	-0.04%
JEF	A	-0.04%
HST	C	-0.04%
NVT	B	-0.04%
ALLE	D	-0.04%
ITT	A	-0.04%
JKHY	D	-0.04%
JNPR	F	-0.04%
ELS	C	-0.04%
CLH	B	-0.04%
PFGC	B	-0.04%
AKAM	D	-0.04%
SWK	D	-0.04%
CAG	D	-0.04%
UNM	A	-0.04%
TXRH	C	-0.04%
EPAM	C	-0.04%
AVTR	F	-0.04%
DT	C	-0.04%
EWBC	A	-0.04%
ACM	A	-0.04%
AMCR	D	-0.04%
CASY	A	-0.04%
TW	A	-0.04%
DOC	D	-0.04%
HSIC	B	-0.03%
CFR	B	-0.03%
TTC	D	-0.03%
MOS	F	-0.03%
MEDP	D	-0.03%
GPK	C	-0.03%
WTFC	A	-0.03%
BRX	A	-0.03%
SNX	C	-0.03%
PEN	B	-0.03%
AAON	B	-0.03%
PCTY	B	-0.03%
ORI	A	-0.03%
MORN	B	-0.03%
TPX	B	-0.03%
FBIN	D	-0.03%
GL	B	-0.03%
RPRX	D	-0.03%
PRI	A	-0.03%
CIEN	B	-0.03%
OHI	C	-0.03%
AFG	A	-0.03%
AIT	A	-0.03%
CUBE	D	-0.03%
CCK	C	-0.03%
TTEK	F	-0.03%
IPG	D	-0.03%
DKS	C	-0.03%
BLD	D	-0.03%
PAYC	B	-0.03%
LECO	B	-0.03%
SJM	D	-0.03%
RDN	C	-0.02%
ITRI	B	-0.02%
APPF	B	-0.02%
CRUS	D	-0.02%
LEA	D	-0.02%
THO	B	-0.02%
BCPC	B	-0.02%
ETSY	D	-0.02%
PVH	C	-0.02%
CROX	D	-0.02%
LNC	B	-0.02%
BPMC	C	-0.02%
WHR	B	-0.02%
IDA	A	-0.02%
LYFT	C	-0.02%
MTG	C	-0.02%
SAIC	F	-0.02%
FAF	A	-0.02%
MTH	D	-0.02%
MAT	D	-0.02%
AWI	A	-0.02%
DBX	B	-0.02%
BMI	B	-0.02%
RHP	B	-0.02%
AZEK	A	-0.02%
ALK	C	-0.02%
BBWI	D	-0.02%
FMC	D	-0.02%
H	B	-0.02%
CADE	B	-0.02%
ATI	D	-0.02%
ELAN	D	-0.02%
ONB	B	-0.02%
FCN	D	-0.02%
PARA	C	-0.02%
EXLS	B	-0.02%
MIDD	C	-0.02%
BIO	D	-0.02%
G	B	-0.02%
VFC	C	-0.02%
RHI	B	-0.02%
MKSI	C	-0.02%
NNN	D	-0.02%
BWA	D	-0.02%
SNV	B	-0.02%
SKX	D	-0.02%
AGR	B	-0.01%
COLM	B	-0.01%
CWEN	C	-0.01%
TNET	D	-0.01%
ASH	D	-0.01%
OGN	D	-0.01%
CHH	A	-0.01%
FELE	B	-0.01%
FLO	D	-0.01%
M	D	-0.01%
SLGN	A	-0.01%
SWX	B	-0.01%
POR	C	-0.01%
MMS	F	-0.01%
TENB	C	-0.01%
SON	D	-0.01%