CLSE vs. DEW ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to WisdomTree Europe High-Yielding Equity Fund (DEW)

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

65,624

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

DEW

WisdomTree Europe High-Yielding Equity Fund

DEW Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Equity Income Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of high dividend-yielding companies selected from the WisdomTree Global Dividend Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.95

Average Daily Volume

7,595

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	DEW
30 Days	4.18%	0.30%
60 Days	7.10%	0.55%
90 Days	9.38%	2.39%
12 Months	39.93%	24.07%

44 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in DEW	Overlap
ABBV	F	0.72%	1.17%	0.72%
AES	F	-0.08%	0.12%	-0.08%
AESI	B	-0.21%	0.08%	-0.21%
APA	D	0.25%	0.15%	0.15%
AVA	A	0.47%	0.11%	0.11%
BMY	B	1.11%	0.65%	0.65%
C	A	-0.19%	0.5%	-0.19%
CCOI	B	-0.33%	0.12%	-0.33%
CDP	C	0.34%	0.11%	0.11%
CMA	B	0.71%	0.09%	0.09%
CNA	C	0.37%	0.37%	0.37%
COLD	D	-0.15%	0.12%	-0.15%
CTRE	C	0.42%	0.15%	0.15%
DLR	B	-0.13%	0.36%	-0.13%
EQR	C	0.35%	0.31%	0.31%
EXR	C	-0.13%	0.26%	-0.13%
FITB	B	0.78%	0.15%	0.15%
GILD	C	1.07%	0.81%	0.81%
HUN	F	-0.07%	0.1%	-0.07%
IIPR	D	0.28%	0.09%	0.09%
JNJ	C	0.83%	2.01%	0.83%
JXN	C	0.39%	0.07%	0.07%
LAMR	C	0.31%	0.2%	0.2%
MDT	D	0.29%	0.51%	0.29%
MO	A	0.79%	1.44%	0.79%
NOG	B	-0.21%	0.11%	-0.21%
NTRS	A	1.08%	0.14%	0.14%
OUT	A	0.36%	0.1%	0.1%
PCH	F	-0.12%	0.11%	-0.12%
PNC	B	0.72%	0.3%	0.3%
PNW	A	0.48%	0.2%	0.2%
PRU	A	0.13%	0.26%	0.13%
PSA	C	-0.23%	0.46%	-0.23%
PTEN	C	-0.27%	0.11%	-0.27%
REXR	F	-0.14%	0.15%	-0.14%
RF	A	0.72%	0.25%	0.25%
RYN	D	-0.07%	0.13%	-0.07%
SPG	A	0.37%	0.64%	0.37%
SR	A	0.38%	0.14%	0.14%
SRE	A	-0.2%	0.36%	-0.2%
T	A	0.29%	1.06%	0.29%
TSN	B	0.6%	0.2%	0.2%
VLO	C	0.29%	0.28%	0.28%
WTRG	B	-0.24%	0.17%	-0.24%

CLSE Overweight 293 Positions Relative to DEW

Symbol	Grade	Weight
NVDA	B	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%
HPE	B	1.92%
CVNA	B	1.85%
ANET	C	1.83%
WMT	A	1.82%
QCOM	F	1.73%
IDCC	B	1.51%
GDDY	A	1.42%
CVLT	B	1.4%
DOCU	B	1.37%
PYPL	B	1.33%
ORCL	A	1.33%
ACIW	B	1.3%
TSLA	B	1.22%
JHG	B	1.21%
NTNX	B	1.16%
HD	B	1.13%
SYF	B	1.11%
SNEX	B	1.06%
PLTR	B	1.02%
NTAP	C	1.0%
LNG	A	0.97%
SEIC	B	0.95%
HALO	F	0.9%
AMRX	C	0.9%
BFH	C	0.88%
GM	C	0.87%
COR	B	0.86%
CAH	B	0.86%
PPC	C	0.85%
GVA	A	0.84%
MLI	B	0.84%
CARG	B	0.83%
AAPL	C	0.83%
BAC	A	0.81%
PRIM	A	0.8%
NFLX	A	0.79%
THC	D	0.78%
DVA	C	0.78%
IESC	C	0.77%
CPNG	D	0.77%
EME	A	0.75%
WFC	A	0.75%
CNX	A	0.74%
FTI	A	0.74%
UTHR	C	0.73%
STRL	A	0.71%
ZION	B	0.71%
NRG	B	0.71%
UHS	D	0.7%
TMUS	B	0.7%
CEIX	A	0.7%
GEN	B	0.68%
VRT	B	0.68%
APH	A	0.67%
UMBF	B	0.66%
ALSN	B	0.66%
MTZ	B	0.66%
AVT	C	0.66%
MWA	B	0.65%
BLK	B	0.65%
JPM	A	0.64%
CHRW	B	0.61%
EXPE	B	0.61%
FFIV	B	0.6%
FTDR	B	0.58%
AMG	B	0.58%
LDOS	C	0.55%
VST	A	0.55%
RGA	A	0.55%
GLW	B	0.52%
MET	A	0.52%
SLVM	B	0.5%
GOOG	C	0.49%
UI	B	0.49%
EXP	B	0.48%
CACI	D	0.48%
UNP	C	0.47%
PGR	A	0.46%
DUOL	A	0.45%
PG	C	0.45%
ALL	A	0.45%
BKNG	A	0.44%
LPX	B	0.43%
SCCO	F	0.41%
RMD	C	0.4%
R	B	0.38%
CF	A	0.37%
GRMN	B	0.37%
CCL	A	0.35%
RGLD	C	0.32%
CNC	D	0.31%
PTON	A	0.31%
J	D	0.31%
MPWR	F	0.3%
CVS	D	0.29%
NVR	D	0.24%
VRTX	D	0.23%
MATX	C	0.22%
NEM	D	0.22%
TOL	B	0.22%
EEFT	B	0.22%
FLR	B	0.21%
JLL	D	0.2%
MUSA	B	0.2%
ABM	B	0.19%
BAH	F	0.18%
KR	B	0.17%
NTRA	A	0.17%
BOX	B	0.17%
JAZZ	B	0.16%
FOXA	A	0.14%
EXPD	C	0.14%
FN	C	0.13%
VCTR	B	0.12%
VCYT	B	0.12%
CINF	A	0.12%
CDE	C	0.11%
ILMN	C	0.1%
AEIS	C	0.07%
INCY	C	0.07%
HQY	A	0.07%
QQQ	B	0.0%
LNTH	D	0.0%
LRCX	F	0.0%
PENN	C	-0.05%
KNX	C	-0.06%
HGV	C	-0.06%
EXAS	D	-0.07%
COOP	B	-0.07%
CCS	D	-0.07%
BC	C	-0.08%
JOE	F	-0.08%
FLYW	B	-0.08%
GNTX	C	-0.09%
JBLU	F	-0.09%
NSC	B	-0.1%
MCW	C	-0.1%
ABG	C	-0.1%
ATO	A	-0.1%
ACVA	B	-0.11%
ENPH	F	-0.11%
CGON	F	-0.11%
EL	F	-0.12%
RBA	A	-0.12%
FL	F	-0.12%
STLD	B	-0.13%
AVAV	C	-0.13%
ALIT	C	-0.13%
VMC	B	-0.13%
MLM	C	-0.13%
BPOP	C	-0.14%
PYCR	B	-0.14%
DAY	B	-0.14%
ARWR	D	-0.14%
MKL	A	-0.14%
AA	A	-0.14%
EQIX	A	-0.14%
CZR	F	-0.15%
APD	A	-0.15%
GTLS	A	-0.15%
CRL	D	-0.15%
RNR	C	-0.15%
DRVN	B	-0.15%
NARI	C	-0.16%
FIVN	C	-0.16%
BHF	C	-0.16%
XPO	B	-0.16%
OSK	C	-0.16%
LGIH	F	-0.16%
DAR	C	-0.16%
ALB	B	-0.16%
UHAL	D	-0.16%
AGO	B	-0.16%
EW	C	-0.16%
SITE	F	-0.16%
SW	A	-0.17%
TEX	F	-0.17%
TREX	C	-0.17%
MDGL	B	-0.17%
LKQ	F	-0.17%
MASI	B	-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%
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%
GATX	A	-0.2%
BIRK	D	-0.2%
BE	B	-0.21%
WTM	A	-0.21%
PRCT	B	-0.22%
BANC	B	-0.22%
MTN	C	-0.22%
SAIA	B	-0.22%
SUM	B	-0.22%
EQT	B	-0.23%
XYL	D	-0.23%
ELF	C	-0.24%
IONS	F	-0.24%
GPOR	B	-0.24%
CELH	F	-0.24%
HSY	F	-0.24%
DELL	B	-0.25%
LW	C	-0.25%
KEY	B	-0.25%
BILL	A	-0.26%
NEOG	F	-0.26%
AUR	C	-0.26%
AWK	C	-0.26%
VAL	F	-0.27%
FOUR	A	-0.27%
STNE	F	-0.27%
TEAM	A	-0.27%
MSCI	C	-0.27%
MNST	C	-0.28%
SOFI	B	-0.28%
ESTC	C	-0.29%
MDB	B	-0.29%
XP	F	-0.29%
MKTX	D	-0.29%
CYTK	F	-0.3%
LYV	A	-0.3%
NDAQ	A	-0.3%
APLS	F	-0.3%
APTV	F	-0.32%
GTLB	B	-0.32%
VVV	D	-0.33%
LPLA	A	-0.34%
ZBRA	B	-0.34%
ABNB	C	-0.34%
INSP	D	-0.34%
FCNCA	A	-0.35%
APO	B	-0.35%
AFRM	A	-0.35%
CACC	D	-0.36%
COHR	B	-0.36%
BBIO	F	-0.36%
ZI	D	-0.36%
BEN	C	-0.36%
ON	D	-0.39%
DG	F	-0.4%
SATS	D	-0.4%
BA	F	-0.4%
RBLX	C	-0.41%
DLTR	F	-0.41%
PINS	F	-0.41%
U	C	-0.41%
RIVN	F	-0.42%
TTWO	A	-0.43%
WBD	B	-0.43%
SNPS	B	-0.44%
ALGM	D	-0.45%
DV	C	-0.45%
CGNX	D	-0.45%
GE	D	-0.46%
CDNS	B	-0.46%
MRNA	F	-0.47%
SMCI	F	-0.47%
RH	C	-0.47%
CFLT	B	-0.47%
CHTR	C	-0.48%
CSCO	B	-0.52%
FND	D	-0.53%
BRZE	C	-0.56%
FIVE	F	-0.56%
NWS	A	-0.57%
WST	C	-0.59%
LITE	B	-0.6%
POOL	C	-0.61%
MCHP	F	-0.63%
DXCM	C	-0.63%
WDC	D	-0.65%
LSCC	D	-0.7%
ROP	B	-0.7%
TXN	C	-0.81%
INTC	C	-0.93%
FSLR	F	-1.26%

CLSE Underweight 226 Positions Relative to DEW

Symbol	Grade	Weight
XOM	B	-1.91%
HSBH	B	-1.84%
PM	B	-1.67%
VZ	C	-1.35%
CVX	A	-1.34%
PEP	F	-1.27%
IBM	C	-1.07%
MS	A	-0.91%
DUK	C	-0.7%
SO	C	-0.66%
AMGN	F	-0.6%
AMT	C	-0.58%
TDG	D	-0.53%
VALE	F	-0.52%
PLD	F	-0.51%
OKE	A	-0.47%
KMI	A	-0.46%
CME	B	-0.46%
VICI	C	-0.44%
WMB	A	-0.44%
AEP	C	-0.43%
PCAR	B	-0.42%
O	C	-0.41%
TD	D	-0.4%
USB	A	-0.4%
KMB	C	-0.39%
TGT	F	-0.37%
XEL	A	-0.36%
PSX	C	-0.33%
ED	C	-0.32%
EIX	B	-0.32%
WEC	A	-0.31%
D	C	-0.3%
E	F	-0.3%
ETR	B	-0.3%
GIS	D	-0.29%
AVB	B	-0.26%
EXC	C	-0.26%
GLPI	C	-0.25%
PPL	A	-0.25%
HPQ	B	-0.24%
ESS	B	-0.23%
IP	A	-0.23%
BBY	D	-0.21%
K	A	-0.21%
TROW	B	-0.21%
MAA	B	-0.21%
DRI	B	-0.21%
VTR	B	-0.21%
AEE	A	-0.21%
INVH	D	-0.21%
ADM	D	-0.21%
FE	C	-0.21%
EVRG	A	-0.21%
VTRS	A	-0.21%
ARE	F	-0.21%
STT	B	-0.2%
CTRA	B	-0.2%
FRT	B	-0.2%
DTE	C	-0.2%
HRL	D	-0.19%
HMC	F	-0.19%
CMS	C	-0.19%
AM	A	-0.19%
HST	C	-0.19%
MTB	A	-0.19%
TPR	B	-0.19%
CLX	A	-0.19%
OGE	A	-0.19%
REG	A	-0.19%
TAP	C	-0.18%
STAG	D	-0.18%
ADC	A	-0.18%
WHR	B	-0.18%
HBAN	A	-0.18%
KIM	A	-0.18%
CUBE	C	-0.18%
DTM	A	-0.17%
DDS	B	-0.17%
IDA	A	-0.17%
LNT	A	-0.17%
PECO	A	-0.17%
NJR	A	-0.17%
RHP	B	-0.17%
KHC	F	-0.17%
OMF	A	-0.17%
CPT	B	-0.17%
SIRI	C	-0.17%
IPG	D	-0.16%
MSM	C	-0.16%
DINO	D	-0.16%
SLG	B	-0.16%
UGI	C	-0.16%
NI	A	-0.16%
NNN	C	-0.16%
POR	C	-0.16%
NFG	A	-0.16%
SJM	D	-0.16%
RHI	C	-0.16%
EMN	C	-0.15%
NXST	C	-0.15%
ADTN	A	-0.15%
FLO	D	-0.15%
PNM	B	-0.15%
CUZ	B	-0.15%
IRT	A	-0.15%
CFG	B	-0.15%
OGS	A	-0.15%
SWX	B	-0.15%
SON	F	-0.15%
MAC	B	-0.14%
CAG	F	-0.14%
FMC	D	-0.14%
PRGO	C	-0.14%
KRC	B	-0.14%
CIVI	D	-0.14%
MUR	D	-0.14%
SBRA	C	-0.14%
CPB	D	-0.14%
EPRT	B	-0.14%
M	F	-0.13%
ALE	A	-0.13%
TNL	A	-0.13%
WEN	D	-0.13%
HAS	D	-0.13%
UDR	B	-0.13%
REYN	D	-0.13%
NWE	B	-0.13%
NSA	C	-0.12%
PBF	D	-0.12%
BRX	A	-0.12%
JWN	D	-0.12%
SMG	C	-0.12%
PFG	D	-0.12%
OGN	F	-0.12%
WBS	A	-0.12%
LYG	D	-0.12%
SKT	A	-0.12%
CHT	C	-0.12%
EPR	C	-0.12%
VAC	C	-0.12%
PII	F	-0.12%
KNTK	A	-0.11%
NHI	D	-0.11%
KMT	B	-0.11%
CALM	A	-0.11%
HIW	C	-0.11%
PK	C	-0.11%
AROC	A	-0.11%
FHN	A	-0.11%
CRBG	B	-0.11%
UMC	F	-0.11%
HP	C	-0.1%
CADE	B	-0.1%
PINC	B	-0.1%
SNV	C	-0.1%
MAN	F	-0.1%
TGNA	B	-0.1%
TRN	B	-0.1%
LCII	C	-0.1%
OWL	A	-0.1%
FCPT	C	-0.1%
ASB	B	-0.09%
BKE	B	-0.09%
PB	B	-0.09%
KB	B	-0.09%
FIBK	B	-0.09%
UBSI	B	-0.09%
BCS	A	-0.09%
CATY	B	-0.09%
FNF	B	-0.09%
VLY	B	-0.09%
ENR	B	-0.09%
LXP	D	-0.09%
UE	B	-0.09%
FHI	B	-0.08%
FULT	A	-0.08%
FFBC	B	-0.08%
ORI	A	-0.08%
COLB	B	-0.08%
HWC	B	-0.08%
AFG	A	-0.08%
IVT	A	-0.08%
PFS	B	-0.08%
INDB	B	-0.08%
CWEN	C	-0.08%
BOH	B	-0.08%
GBCI	B	-0.08%
UCB	A	-0.08%
CVBF	A	-0.08%
BNL	D	-0.08%
ONB	C	-0.08%
AKR	B	-0.08%
OZK	B	-0.08%
SHO	D	-0.08%
TPG	A	-0.07%
CFR	B	-0.07%
CRI	F	-0.07%
ES	C	-0.07%
OVV	B	-0.07%
SKM	C	-0.07%
BKU	A	-0.07%
BANR	B	-0.07%
RDN	D	-0.07%
SFNC	C	-0.07%
CBU	B	-0.07%
PTVE	B	-0.07%
FAF	A	-0.07%
FRME	B	-0.07%
AUB	B	-0.07%
HASI	D	-0.06%
BCH	C	-0.06%
VIRT	A	-0.06%
NBTB	B	-0.06%
SHG	C	-0.05%
DTH	D	-0.05%
IVZ	B	-0.05%
TFSL	A	-0.05%
MC	C	-0.05%
WPC	C	-0.05%
KT	A	-0.04%
FNB	A	-0.03%
DHS	A	-0.02%
BKH	A	-0.02%
AMCR	C	-0.01%
ABEV	F	-0.01%