CLSE vs. COWZ ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Pacer US Cash Cows 100 ETF (COWZ)

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

$23.44

Average Daily Volume

66,558

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

COWZ

Pacer US Cash Cows 100 ETF

COWZ Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Small Cap Cash Cows Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index uses an objective, rules-based methodology to provide exposure to small-capitalization U.S. companies with high free cash flow yields. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.35

Average Daily Volume

1,570,150

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	COWZ
30 Days	4.27%	6.97%
60 Days	5.25%	6.92%
90 Days	8.52%	6.86%
12 Months	38.59%	23.52%

22 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in COWZ	Overlap
ABNB	C	-0.34%	2.15%	-0.34%
AGCO	D	-0.18%	0.77%	-0.18%
ALSN	B	0.66%	0.77%	0.66%
BMY	B	1.11%	2.17%	1.11%
CAH	B	0.86%	1.99%	0.86%
COR	C	0.86%	1.92%	0.86%
DOCU	A	1.37%	1.01%	1.01%
EXPE	B	0.61%	2.27%	0.61%
FOXA	C	0.14%	1.4%	0.14%
FTI	A	0.74%	0.78%	0.74%
GEN	A	0.68%	1.99%	0.68%
HPE	B	1.92%	2.27%	1.92%
JAZZ	B	0.16%	0.95%	0.16%
LPX	B	0.43%	0.49%	0.43%
MO	A	0.79%	1.95%	0.79%
MTZ	B	0.66%	1.21%	0.66%
PPC	C	0.85%	1.05%	0.85%
QCOM	F	1.73%	1.93%	1.73%
T	A	0.29%	2.04%	0.29%
UTHR	C	0.73%	0.76%	0.73%
VLO	C	0.29%	1.99%	0.29%
ZI	C	-0.36%	0.35%	-0.36%

CLSE Overweight 315 Positions Relative to COWZ

Symbol	Grade	Weight
NVDA	C	4.61%
GOOGL	C	3.47%
META	D	3.3%
AMZN	C	2.53%
AVGO	D	2.28%
APP	B	2.25%
MU	D	2.13%
CVNA	B	1.85%
ANET	C	1.83%
WMT	B	1.82%
IDCC	A	1.51%
GDDY	B	1.42%
CVLT	B	1.4%
PYPL	A	1.33%
ORCL	C	1.33%
ACIW	B	1.3%
TSLA	B	1.22%
JHG	A	1.21%
NTNX	B	1.16%
HD	A	1.13%
SYF	A	1.11%
NTRS	A	1.08%
GILD	B	1.07%
SNEX	A	1.06%
PLTR	B	1.02%
NTAP	C	1.0%
LNG	B	0.97%
SEIC	A	0.95%
HALO	F	0.9%
AMRX	C	0.9%
BFH	B	0.88%
GM	B	0.87%
GVA	B	0.84%
MLI	C	0.84%
CARG	C	0.83%
AAPL	B	0.83%
JNJ	D	0.83%
BAC	A	0.81%
PRIM	A	0.8%
NFLX	B	0.79%
THC	D	0.78%
FITB	B	0.78%
DVA	B	0.78%
IESC	B	0.77%
CPNG	D	0.77%
EME	B	0.75%
WFC	A	0.75%
CNX	B	0.74%
PNC	A	0.72%
ABBV	D	0.72%
RF	B	0.72%
STRL	B	0.71%
ZION	B	0.71%
CMA	A	0.71%
NRG	C	0.71%
UHS	D	0.7%
TMUS	A	0.7%
CEIX	A	0.7%
VRT	B	0.68%
APH	B	0.67%
UMBF	B	0.66%
AVT	C	0.66%
MWA	B	0.65%
BLK	C	0.65%
JPM	B	0.64%
CHRW	C	0.61%
TSN	B	0.6%
FFIV	A	0.6%
FTDR	B	0.58%
AMG	B	0.58%
LDOS	D	0.55%
VST	B	0.55%
RGA	A	0.55%
GLW	B	0.52%
MET	A	0.52%
SLVM	B	0.5%
GOOG	C	0.49%
UI	A	0.49%
EXP	B	0.48%
CACI	D	0.48%
PNW	B	0.48%
AVA	B	0.47%
UNP	C	0.47%
PGR	A	0.46%
DUOL	B	0.45%
PG	A	0.45%
ALL	B	0.45%
BKNG	B	0.44%
CTRE	D	0.42%
SCCO	F	0.41%
RMD	C	0.4%
JXN	B	0.39%
SR	A	0.38%
R	B	0.38%
SPG	C	0.37%
CNA	B	0.37%
CF	B	0.37%
GRMN	A	0.37%
OUT	A	0.36%
EQR	B	0.35%
CCL	B	0.35%
CDP	C	0.34%
RGLD	D	0.32%
CNC	F	0.31%
PTON	B	0.31%
LAMR	C	0.31%
J	F	0.31%
MPWR	F	0.3%
CVS	D	0.29%
MDT	D	0.29%
IIPR	D	0.28%
APA	F	0.25%
NVR	D	0.24%
VRTX	D	0.23%
MATX	C	0.22%
NEM	F	0.22%
TOL	A	0.22%
EEFT	B	0.22%
FLR	B	0.21%
JLL	B	0.2%
MUSA	B	0.2%
ABM	B	0.19%
BAH	F	0.18%
KR	A	0.17%
NTRA	B	0.17%
BOX	A	0.17%
EXPD	C	0.14%
FN	D	0.13%
PRU	A	0.13%
VCTR	B	0.12%
VCYT	A	0.12%
CINF	A	0.12%
CDE	D	0.11%
ILMN	C	0.1%
AEIS	B	0.07%
INCY	C	0.07%
HQY	B	0.07%
QQQ	B	0.0%
LNTH	D	0.0%
LRCX	F	0.0%
PENN	C	-0.05%
KNX	B	-0.06%
HGV	B	-0.06%
HUN	F	-0.07%
EXAS	F	-0.07%
RYN	C	-0.07%
COOP	B	-0.07%
CCS	D	-0.07%
BC	C	-0.08%
JOE	F	-0.08%
AES	F	-0.08%
FLYW	C	-0.08%
GNTX	C	-0.09%
JBLU	F	-0.09%
NSC	A	-0.1%
MCW	C	-0.1%
ABG	B	-0.1%
ATO	A	-0.1%
ACVA	B	-0.11%
ENPH	F	-0.11%
CGON	F	-0.11%
EL	F	-0.12%
RBA	B	-0.12%
FL	D	-0.12%
PCH	C	-0.12%
DLR	A	-0.13%
EXR	C	-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%
DAY	A	-0.14%
REXR	F	-0.14%
ARWR	F	-0.14%
MKL	A	-0.14%
AA	A	-0.14%
EQIX	A	-0.14%
CZR	D	-0.15%
COLD	F	-0.15%
APD	A	-0.15%
GTLS	B	-0.15%
CRL	C	-0.15%
RNR	C	-0.15%
DRVN	B	-0.15%
NARI	C	-0.16%
FIVN	C	-0.16%
BHF	B	-0.16%
XPO	B	-0.16%
OSK	B	-0.16%
LGIH	C	-0.16%
DAR	C	-0.16%
ALB	C	-0.16%
UHAL	D	-0.16%
AGO	A	-0.16%
EW	C	-0.16%
SITE	C	-0.16%
SW	B	-0.17%
TEX	D	-0.17%
TREX	C	-0.17%
MDGL	B	-0.17%
LKQ	D	-0.17%
MASI	A	-0.17%
AJG	A	-0.17%
KRG	B	-0.17%
ENOV	C	-0.18%
CHDN	B	-0.18%
UEC	B	-0.18%
EBC	B	-0.18%
COTY	F	-0.18%
AL	A	-0.18%
CNH	A	-0.18%
BRKR	F	-0.18%
C	A	-0.19%
WAL	B	-0.19%
AIR	B	-0.19%
KNSL	B	-0.2%
SRE	A	-0.2%
GATX	A	-0.2%
BIRK	C	-0.2%
BE	B	-0.21%
AESI	B	-0.21%
NOG	A	-0.21%
WTM	A	-0.21%
PRCT	B	-0.22%
BANC	B	-0.22%
MTN	C	-0.22%
SAIA	C	-0.22%
SUM	B	-0.22%
EQT	B	-0.23%
PSA	C	-0.23%
XYL	D	-0.23%
WTRG	B	-0.24%
ELF	C	-0.24%
IONS	F	-0.24%
GPOR	B	-0.24%
CELH	F	-0.24%
HSY	F	-0.24%
DELL	C	-0.25%
LW	C	-0.25%
KEY	A	-0.25%
BILL	A	-0.26%
NEOG	C	-0.26%
AUR	B	-0.26%
AWK	D	-0.26%
VAL	F	-0.27%
FOUR	B	-0.27%
STNE	F	-0.27%
TEAM	B	-0.27%
MSCI	C	-0.27%
PTEN	C	-0.27%
MNST	B	-0.28%
SOFI	B	-0.28%
ESTC	C	-0.29%
MDB	C	-0.29%
XP	F	-0.29%
MKTX	D	-0.29%
CYTK	F	-0.3%
LYV	A	-0.3%
NDAQ	A	-0.3%
APLS	D	-0.3%
APTV	F	-0.32%
GTLB	C	-0.32%
VVV	F	-0.33%
CCOI	B	-0.33%
LPLA	B	-0.34%
ZBRA	A	-0.34%
INSP	D	-0.34%
FCNCA	B	-0.35%
APO	A	-0.35%
AFRM	B	-0.35%
CACC	D	-0.36%
COHR	C	-0.36%
BBIO	D	-0.36%
BEN	C	-0.36%
ON	C	-0.39%
DG	F	-0.4%
SATS	D	-0.4%
BA	D	-0.4%
RBLX	C	-0.41%
DLTR	D	-0.41%
PINS	F	-0.41%
U	C	-0.41%
RIVN	D	-0.42%
TTWO	B	-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%
MRNA	F	-0.47%
SMCI	D	-0.47%
RH	B	-0.47%
CFLT	B	-0.47%
CHTR	C	-0.48%
CSCO	A	-0.52%
FND	C	-0.53%
BRZE	C	-0.56%
FIVE	D	-0.56%
NWS	B	-0.57%
WST	C	-0.59%
LITE	B	-0.6%
POOL	C	-0.61%
MCHP	F	-0.63%
DXCM	C	-0.63%
WDC	C	-0.65%
LSCC	D	-0.7%
ROP	B	-0.7%
TXN	D	-0.81%
INTC	C	-0.93%
FSLR	F	-1.26%

CLSE Underweight 77 Positions Relative to COWZ

Symbol	Grade	Weight
CVX	B	-2.16%
EOG	C	-2.11%
HPQ	B	-2.06%
COP	D	-1.99%
HAL	C	-1.98%
NUE	D	-1.97%
FANG	F	-1.88%
MPC	F	-1.79%
LEN	C	-1.74%
DVN	F	-1.74%
ZM	B	-1.68%
ADM	F	-1.65%
MRO	B	-1.65%
BLDR	C	-1.41%
DINO	F	-1.4%
OC	B	-1.39%
TPR	A	-1.33%
SNA	A	-1.25%
TAP	C	-1.24%
CLF	F	-1.13%
OVV	C	-1.13%
CAG	D	-1.1%
SWKS	F	-1.09%
JBL	C	-1.09%
WSM	B	-1.08%
TWLO	B	-1.07%
GAP	C	-1.04%
WCC	B	-0.97%
ARW	D	-0.93%
ADTN	B	-0.91%
SMG	C	-0.91%
RL	B	-0.91%
DXC	B	-0.9%
INGR	B	-0.86%
SNX	C	-0.79%
DBX	C	-0.78%
CNM	D	-0.72%
MAT	D	-0.68%
PVH	C	-0.66%
MTCH	F	-0.65%
BWA	C	-0.62%
CHRD	F	-0.62%
SKX	D	-0.61%
MIDD	B	-0.6%
AM	B	-0.59%
COLM	A	-0.57%
DDS	B	-0.55%
DOX	D	-0.55%
CROX	F	-0.54%
ETSY	D	-0.54%
AYI	B	-0.54%
HOG	F	-0.53%
HRB	D	-0.52%
SEE	C	-0.52%
KSS	F	-0.51%
THO	B	-0.5%
LYFT	C	-0.48%
WFRD	F	-0.46%
LEA	F	-0.46%
NEU	C	-0.4%
QRVO	F	-0.39%
AMKR	F	-0.37%
RNG	B	-0.36%
UAA	C	-0.36%
PLTK	B	-0.34%
CRUS	F	-0.32%
MSM	C	-0.29%
NVST	C	-0.28%
ASH	F	-0.26%
LEG	D	-0.24%
CRI	F	-0.23%
TDC	D	-0.23%
MAN	D	-0.21%
PINC	B	-0.2%
IPGP	D	-0.19%
FTRE	C	-0.18%
TRIP	F	-0.1%