CLSE vs. DFVE ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to DoubleLine Fortune 500 Equal Weight ETF (DFVE)

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

$23.78

Average Daily Volume

64,331

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

DFVE

DoubleLine Fortune 500 Equal Weight ETF

DFVE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the underlying index, or derivatives transactions that provide investment exposure to the underlying index or securities that comprise the underlying index. The fund will concentrate its investments in securities of issuers in any one industry or group of industries to the extent that the underlying index reflects a concentration in that industry or group of industries.

Grade (RS Rating)

Last Trade

$29.78

Average Daily Volume

1,396

Number of Holdings ^*

454

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	DFVE
30 Days	4.30%	1.77%
60 Days	10.45%	6.42%
90 Days	11.12%	8.29%
12 Months	40.17%

127 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in DFVE	Overlap
AA	C	-0.15%	0.29%	-0.15%
AAPL	C	1.12%	0.2%	0.2%
ABBV	D	1.03%	0.21%	0.21%
ABG	B	-0.1%	0.22%	-0.1%
ABM	B	0.19%	0.21%	0.19%
ABNB	C	-0.27%	0.25%	-0.27%
ADBE	C	-0.51%	0.18%	-0.51%
AES	F	-0.08%	0.17%	-0.08%
AGCO	F	-0.15%	0.22%	-0.15%
AJG	A	-0.17%	0.21%	-0.17%
ALB	B	-0.16%	0.22%	-0.16%
ALL	A	0.45%	0.21%	0.21%
AMZN	A	2.42%	0.25%	0.25%
APD	B	-0.1%	0.23%	-0.1%
APH	B	0.67%	0.22%	0.22%
AVGO	C	2.43%	0.24%	0.24%
AVT	C	0.7%	0.21%	0.21%
BA	F	-0.37%	0.18%	-0.37%
BAC	A	0.78%	0.23%	0.23%
BAH	C	0.17%	0.24%	0.17%
BECN	B	-0.13%	0.23%	-0.13%
BEN	C	-0.31%	0.22%	-0.31%
BKNG	A	0.37%	0.28%	0.28%
BMY	B	1.28%	0.23%	0.23%
C	A	-0.17%	0.23%	-0.17%
CAH	A	0.76%	0.21%	0.21%
CHRW	A	0.58%	0.21%	0.21%
CINF	A	0.12%	0.23%	0.12%
CNC	F	0.31%	0.16%	0.16%
COR	A	0.75%	0.21%	0.21%
CPNG	B	0.73%	0.22%	0.22%
CVNA	B	1.88%	0.33%	0.33%
CVS	F	0.29%	0.22%	0.22%
CZR	F	-0.16%	0.22%	-0.16%
DELL	B	-0.55%	0.26%	-0.55%
DG	F	-0.36%	0.18%	-0.36%
DLTR	F	-0.38%	0.15%	-0.38%
DVA	C	0.75%	0.2%	0.2%
EL	F	-0.12%	0.14%	-0.12%
EME	B	0.76%	0.27%	0.27%
EQIX	B	-0.12%	0.22%	-0.12%
EXPD	D	0.14%	0.2%	0.14%
EXPE	B	0.6%	0.25%	0.25%
FCNCA	B	-0.27%	0.24%	-0.27%
FITB	A	0.75%	0.23%	0.23%
FL	F	-0.09%	0.16%	-0.09%
FLR	C	0.58%	0.24%	0.24%
GE	C	-0.48%	0.21%	-0.48%
GILD	C	1.11%	0.24%	0.24%
GLW	C	0.44%	0.24%	0.24%
GM	A	0.82%	0.23%	0.23%
GOOGL	B	3.45%	0.23%	0.23%
GT	C	-0.29%	0.23%	-0.29%
HD	B	1.12%	0.22%	0.22%
HPE	B	1.96%	0.23%	0.23%
HSY	D	-0.23%	0.19%	-0.23%
IBM	C	0.62%	0.22%	0.22%
INTC	C	-0.99%	0.26%	-0.99%
J	B	0.35%	0.2%	0.2%
JBLU	C	-0.15%	0.26%	-0.15%
JLL	C	0.2%	0.21%	0.2%
JNJ	D	0.84%	0.2%	0.2%
JPM	B	0.62%	0.23%	0.23%
KEY	B	-0.25%	0.24%	-0.25%
KR	A	0.17%	0.24%	0.17%
LDOS	B	0.64%	0.25%	0.25%
LKQ	D	-0.17%	0.19%	-0.17%
LNG	B	0.93%	0.22%	0.22%
LPLA	B	-0.34%	0.29%	-0.34%
LRCX	F	0.0%	0.2%	0.0%
LYV	B	-0.25%	0.27%	-0.25%
MCHP	F	-0.48%	0.19%	-0.48%
MET	C	0.51%	0.22%	0.22%
META	B	3.33%	0.23%	0.23%
MKL	A	-0.13%	0.21%	-0.13%
MNST	B	-0.28%	0.24%	-0.28%
MO	A	0.76%	0.21%	0.21%
MPC	D	0.45%	0.19%	0.19%
MRK	F	0.15%	0.18%	0.15%
MTZ	B	0.67%	0.26%	0.26%
MU	D	2.37%	0.24%	0.24%
MUSA	B	0.2%	0.2%	0.2%
NEM	F	0.32%	0.17%	0.17%
NFLX	A	0.75%	0.23%	0.23%
NRG	B	0.74%	0.23%	0.23%
NSC	B	-0.11%	0.23%	-0.11%
NTRS	A	1.06%	0.25%	0.25%
NVDA	B	4.52%	0.26%	0.26%
NVR	D	0.25%	0.19%	0.19%
ON	F	-0.41%	0.2%	-0.41%
ORCL	A	1.33%	0.27%	0.27%
OSK	B	-0.16%	0.22%	-0.16%
PG	C	0.44%	0.2%	0.2%
PGR	A	0.46%	0.21%	0.21%
PM	C	0.42%	0.21%	0.21%
PNC	B	0.67%	0.23%	0.23%
PRU	B	0.12%	0.22%	0.12%
PYPL	A	1.14%	0.23%	0.23%
QCOM	F	1.78%	0.21%	0.21%
R	A	0.37%	0.23%	0.23%
RF	B	0.67%	0.23%	0.23%
RGA	A	0.53%	0.22%	0.22%
SATS	C	-0.48%	0.3%	-0.48%
SMCI	F	-0.59%	0.1%	-0.59%
SNEX	B	1.06%	0.25%	0.25%
SO	D	0.0%	0.21%	0.0%
SQ	B	0.15%	0.24%	0.15%
SRE	A	-0.21%	0.22%	-0.21%
SYF	B	1.08%	0.28%	0.28%
T	A	0.53%	0.23%	0.23%
THC	B	0.78%	0.2%	0.2%
TOL	C	0.23%	0.22%	0.22%
TSLA	B	1.04%	0.29%	0.29%
TSN	C	0.55%	0.19%	0.19%
TXN	C	-0.87%	0.21%	-0.87%
UHS	D	0.71%	0.18%	0.18%
UNP	C	0.53%	0.2%	0.2%
VLO	D	0.47%	0.2%	0.2%
VMC	B	-0.08%	0.25%	-0.08%
VST	B	0.52%	0.31%	0.31%
WBD	B	-0.39%	0.22%	-0.39%
WDC	D	-0.73%	0.23%	-0.73%
WFC	A	0.72%	0.26%	0.26%
WMT	A	1.81%	0.23%	0.23%
XOM	B	0.56%	0.21%	0.21%
XPO	B	-0.17%	0.27%	-0.17%
XYL	D	-0.19%	0.19%	-0.19%

CLSE Overweight 210 Positions Relative to DFVE

Symbol	Grade	Weight
APP	B	2.93%
ANET	C	1.92%
IDCC	B	1.51%
ACIW	B	1.49%
CVLT	A	1.49%
GDDY	A	1.41%
DOCU	B	1.34%
NTAP	D	1.21%
JHG	B	1.16%
NTNX	B	1.13%
HALO	B	1.0%
BFH	B	0.91%
PLTR	B	0.9%
AMG	B	0.9%
PPC	B	0.9%
SEIC	A	0.89%
AMRX	B	0.87%
MLI	B	0.87%
GVA	B	0.84%
IESC	B	0.82%
PRIM	B	0.82%
CARG	B	0.79%
STRL	B	0.74%
ALNY	D	0.71%
CEIX	B	0.71%
VRT	B	0.7%
MWA	B	0.68%
ZION	B	0.68%
ALSN	A	0.66%
UMBF	B	0.65%
JXN	B	0.62%
MPWR	F	0.62%
FTDR	B	0.61%
YOU	D	0.6%
FTI	B	0.59%
SLVM	C	0.57%
TMUS	A	0.56%
CACI	C	0.55%
GOOG	B	0.49%
EXP	B	0.48%
PNW	B	0.48%
AVA	C	0.46%
CNA	C	0.44%
FFIV	A	0.44%
SCCO	F	0.43%
RMD	C	0.43%
LPX	B	0.42%
CTRE	C	0.42%
UI	B	0.38%
SPG	B	0.37%
CF	B	0.36%
SR	C	0.36%
DUOL	B	0.34%
OUT	C	0.34%
PTON	B	0.34%
RGLD	C	0.34%
CCL	A	0.34%
EQR	C	0.34%
LAMR	D	0.31%
MDT	D	0.3%
IIPR	F	0.29%
ATGE	B	0.29%
IBP	F	0.26%
MATX	A	0.22%
EEFT	C	0.22%
NSA	D	0.15%
FN	B	0.14%
GRMN	A	0.13%
VCYT	B	0.12%
SEE	C	0.11%
ANF	D	0.11%
NTRA	B	0.1%
ILMN	C	0.1%
UTHR	B	0.08%
AEIS	C	0.07%
INCY	B	0.07%
HQY	B	0.07%
LNTH	F	0.05%
QQQ	A	0.0%
PATK	C	0.0%
HGV	B	-0.06%
EXAS	F	-0.07%
RYN	F	-0.07%
CCS	F	-0.07%
HUN	F	-0.08%
FLYW	B	-0.08%
GNTX	C	-0.09%
BC	C	-0.09%
JOE	F	-0.09%
REXR	F	-0.1%
PENN	B	-0.1%
MCW	C	-0.11%
DLR	C	-0.11%
ALIT	B	-0.12%
ENPH	F	-0.12%
PCH	F	-0.12%
ACVA	C	-0.12%
PYCR	B	-0.14%
BPOP	C	-0.14%
AGO	B	-0.14%
EXR	D	-0.14%
MLM	B	-0.14%
CC	C	-0.15%
DAY	C	-0.15%
GTLS	A	-0.15%
AVAV	C	-0.15%
DRVN	A	-0.15%
MTN	D	-0.16%
CRL	C	-0.16%
TREX	C	-0.16%
BHF	B	-0.16%
COTY	F	-0.16%
DAR	B	-0.16%
CNH	D	-0.16%
NXST	C	-0.16%
COLD	F	-0.16%
LGIH	F	-0.16%
EW	D	-0.16%
RNR	D	-0.16%
RBA	B	-0.17%
AL	B	-0.17%
UHAL	C	-0.17%
NARI	C	-0.17%
KRG	B	-0.17%
KNSL	C	-0.17%
SITE	D	-0.17%
BIRK	F	-0.17%
AIR	C	-0.18%
SW	C	-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	C	-0.19%
TTD	B	-0.19%
GATX	A	-0.2%
WTM	A	-0.2%
CGON	D	-0.2%
UEC	C	-0.2%
BE	B	-0.21%
ATO	A	-0.21%
SAIA	B	-0.22%
EQT	B	-0.22%
AESI	C	-0.22%
GPOR	B	-0.23%
NOG	B	-0.23%
BANC	B	-0.23%
ARWR	C	-0.24%
SUM	C	-0.24%
VAL	F	-0.24%
ELF	C	-0.24%
PSA	C	-0.24%
MSCI	B	-0.26%
LW	C	-0.26%
TEAM	B	-0.26%
CELH	F	-0.26%
WTRG	C	-0.26%
AUR	D	-0.27%
PTEN	C	-0.27%
SOFI	B	-0.27%
AWK	D	-0.27%
PINS	F	-0.28%
FOUR	B	-0.28%
NEOG	F	-0.29%
BILL	A	-0.29%
ESTC	C	-0.29%
MKTX	C	-0.3%
XP	F	-0.3%
NDAQ	A	-0.3%
MDB	C	-0.3%
STNE	F	-0.31%
AFRM	B	-0.31%
APLS	F	-0.31%
GTLB	B	-0.32%
VVV	B	-0.34%
COHR	B	-0.34%
CACC	D	-0.34%
ZBRA	A	-0.35%
APO	B	-0.35%
CCOI	C	-0.36%
ALGM	F	-0.36%
INSP	F	-0.37%
PATH	C	-0.39%
BBIO	F	-0.4%
RIVN	D	-0.41%
CYTK	C	-0.44%
U	F	-0.45%
MRNA	F	-0.46%
NWS	B	-0.47%
CGNX	C	-0.48%
RH	C	-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	B	-0.57%
FIVN	C	-0.58%
DXCM	C	-0.58%
POOL	D	-0.58%
LSCC	D	-0.76%
LITE	A	-0.88%
FSLR	F	-1.21%

CLSE Underweight 327 Positions Relative to DFVE

Symbol	Grade	Weight
UAL	B	-0.42%
LUMN	B	-0.36%
YUMC	C	-0.31%
UNFI	C	-0.31%
DAL	A	-0.31%
ALK	A	-0.3%
ATUS	B	-0.29%
DFS	B	-0.28%
AAL	B	-0.28%
DASH	A	-0.28%
IBKR	A	-0.28%
RJF	A	-0.28%
STLD	B	-0.27%
AMP	A	-0.27%
WCC	B	-0.27%
LVS	C	-0.27%
COF	B	-0.27%
FAST	A	-0.26%
GXO	B	-0.26%
UNM	A	-0.26%
TRGP	B	-0.26%
MTB	B	-0.26%
JBL	C	-0.26%
MS	A	-0.26%
CRM	B	-0.25%
MAR	A	-0.25%
VOYA	B	-0.25%
URI	B	-0.25%
EQH	B	-0.25%
WAB	A	-0.25%
SANM	B	-0.25%
LULU	C	-0.25%
BKR	B	-0.25%
CEG	D	-0.25%
EMR	A	-0.25%
LAD	B	-0.25%
GWW	B	-0.25%
JEF	A	-0.25%
FI	A	-0.25%
PCAR	B	-0.25%
WMB	B	-0.25%
NWL	B	-0.25%
ETR	B	-0.25%
IP	C	-0.25%
KMI	B	-0.25%
ACM	B	-0.24%
CASY	B	-0.24%
PWR	B	-0.24%
LNC	B	-0.24%
CMCSA	B	-0.24%
CMI	A	-0.24%
SAIC	C	-0.24%
CSCO	A	-0.24%
RS	B	-0.24%
BK	B	-0.24%
PFGC	B	-0.24%
CHTR	B	-0.24%
CAR	C	-0.24%
SCHW	A	-0.24%
CMC	B	-0.24%
PKG	B	-0.24%
RPM	A	-0.24%
GS	B	-0.24%
CAT	C	-0.24%
PH	A	-0.24%
NOW	A	-0.24%
HBAN	B	-0.24%
CTAS	A	-0.23%
GPI	A	-0.23%
ITW	A	-0.23%
LHX	A	-0.23%
ROK	B	-0.23%
DIS	B	-0.23%
USB	A	-0.23%
OC	A	-0.23%
WSO	A	-0.23%
FOXA	A	-0.23%
DOV	A	-0.23%
USFD	A	-0.23%
X	C	-0.23%
NUE	C	-0.23%
KNX	B	-0.23%
V	A	-0.23%
ADP	A	-0.23%
JBHT	B	-0.23%
BJ	B	-0.23%
TRV	B	-0.23%
STT	B	-0.23%
UFPI	B	-0.23%
CFG	B	-0.23%
CBRE	A	-0.23%
INGR	B	-0.23%
HLT	A	-0.23%
OKE	A	-0.23%
AXP	B	-0.23%
VFC	C	-0.23%
NWSA	B	-0.22%
HON	B	-0.22%
HPQ	B	-0.22%
PEG	C	-0.22%
SHW	A	-0.22%
AMRK	F	-0.22%
WHR	B	-0.22%
TSCO	C	-0.22%
ISRG	A	-0.22%
AIZ	A	-0.22%
EA	A	-0.22%
PVH	C	-0.22%
ULTA	C	-0.22%
TAP	B	-0.22%
UPS	C	-0.22%
CCK	D	-0.22%
CARR	C	-0.22%
LOW	B	-0.22%
TMHC	C	-0.22%
DE	D	-0.22%
FIS	B	-0.22%
CVX	B	-0.22%
OMC	B	-0.22%
MSI	B	-0.22%
PFG	C	-0.22%
OTIS	C	-0.22%
TFC	B	-0.22%
FCX	F	-0.22%
AEE	A	-0.22%
PARA	C	-0.22%
CNP	B	-0.22%
BSX	A	-0.22%
MA	B	-0.22%
CTVA	C	-0.22%
DRI	B	-0.22%
XEL	A	-0.22%
CSX	B	-0.22%
ARMK	B	-0.22%
LUV	B	-0.22%
ORLY	A	-0.22%
WBA	D	-0.21%
BDX	D	-0.21%
RTX	C	-0.21%
DGX	A	-0.21%
VZ	C	-0.21%
WKC	D	-0.21%
MGM	D	-0.21%
AMD	F	-0.21%
OI	D	-0.21%
BRK.A	B	-0.21%
RSG	A	-0.21%
VRTX	B	-0.21%
CMS	C	-0.21%
DUK	D	-0.21%
COST	B	-0.21%
F	C	-0.21%
AFG	A	-0.21%
K	A	-0.21%
AIG	B	-0.21%
MMM	C	-0.21%
HIG	C	-0.21%
EXC	C	-0.21%
NOC	C	-0.21%
SJM	F	-0.21%
MSFT	C	-0.21%
UNH	B	-0.21%
MAS	D	-0.21%
DD	D	-0.21%
L	A	-0.21%
BLDR	D	-0.21%
SBUX	B	-0.21%
MCD	C	-0.21%
LH	A	-0.21%
D	D	-0.21%
SNX	C	-0.21%
BBWI	C	-0.21%
KD	A	-0.21%
EMN	D	-0.21%
UBER	F	-0.21%
WRB	B	-0.21%
BWA	B	-0.21%
SYK	A	-0.21%
GEHC	F	-0.21%
DXC	B	-0.21%
M	D	-0.21%
FNF	C	-0.21%
WY	F	-0.21%
JWN	B	-0.21%
GNW	B	-0.21%
HES	C	-0.21%
PPL	A	-0.21%
ORI	A	-0.21%
CHWY	B	-0.21%
CTSH	A	-0.21%
THO	B	-0.21%
CLX	A	-0.21%
SAH	B	-0.21%
INTU	A	-0.21%
GPN	B	-0.21%
WEC	B	-0.21%
PCG	A	-0.21%
GD	A	-0.21%
CMG	B	-0.21%
CLF	D	-0.21%
WM	A	-0.21%
SPTN	F	-0.21%
ABT	C	-0.21%
EBAY	C	-0.21%
WLK	F	-0.2%
PAG	B	-0.2%
KHC	F	-0.2%
HTZ	C	-0.2%
PFE	F	-0.2%
OVV	C	-0.2%
PEP	D	-0.2%
HRL	F	-0.2%
MHK	D	-0.2%
WDAY	B	-0.2%
FE	D	-0.2%
STZ	D	-0.2%
TGT	C	-0.2%
W	F	-0.2%
MOS	D	-0.2%
ZBH	C	-0.2%
SPGI	C	-0.2%
BALL	D	-0.2%
WSM	F	-0.2%
ANDE	D	-0.2%
HAL	C	-0.2%
AEP	D	-0.2%
AMGN	F	-0.2%
UGI	D	-0.2%
TXT	C	-0.2%
ICE	D	-0.2%
AMAT	F	-0.2%
LMT	C	-0.2%
VTRS	B	-0.2%
EOG	A	-0.2%
AZO	C	-0.2%
PPG	F	-0.2%
DTE	D	-0.2%
ECL	C	-0.2%
ADI	F	-0.2%
GPK	D	-0.2%
ED	D	-0.2%
MMC	C	-0.2%
TJX	B	-0.2%
HSIC	F	-0.2%
PHM	D	-0.2%
BERY	C	-0.2%
COP	C	-0.2%
MCK	A	-0.2%
SYY	B	-0.2%
AFL	C	-0.2%
OXY	D	-0.19%
KSS	F	-0.19%
SKX	F	-0.19%
BBY	D	-0.19%
KMX	C	-0.19%
NKE	F	-0.19%
SWK	F	-0.19%
ARW	F	-0.19%
PLD	D	-0.19%
CDW	F	-0.19%
TMO	F	-0.19%
ROST	F	-0.19%
ES	D	-0.19%
KDP	D	-0.19%
KMB	F	-0.19%
ODP	F	-0.19%
PBF	F	-0.19%
DHR	F	-0.19%
GIS	F	-0.19%
AVY	F	-0.19%
FANG	D	-0.19%
QRTEA	F	-0.19%
MOH	F	-0.19%
CAG	F	-0.19%
ZTS	D	-0.19%
NOV	C	-0.19%
LEN	D	-0.19%
BURL	C	-0.19%
SIRI	D	-0.19%
ALV	C	-0.19%
GAP	B	-0.19%
NEE	D	-0.19%
PSX	D	-0.19%
IPG	F	-0.19%
CPB	F	-0.19%
ACI	C	-0.19%
MDLZ	F	-0.19%
EIX	C	-0.19%
AN	C	-0.19%
FDX	B	-0.19%
BAX	F	-0.19%
OMI	F	-0.18%
PII	F	-0.18%
IFF	F	-0.18%
BIIB	F	-0.18%
CL	F	-0.18%
GPC	D	-0.18%
ADM	F	-0.18%
DK	D	-0.18%
CI	D	-0.18%
IQV	F	-0.18%
DVN	F	-0.18%
AMT	F	-0.18%
KO	F	-0.18%
HCA	D	-0.18%
ALLY	C	-0.18%
DHI	F	-0.18%
DINO	D	-0.18%
MAN	F	-0.18%
DOW	F	-0.18%
NSIT	F	-0.17%
CYH	F	-0.17%
LLY	F	-0.17%
HUM	D	-0.17%
SEB	D	-0.17%
DKS	F	-0.17%
LEA	F	-0.17%
AAP	D	-0.17%
KLAC	F	-0.17%
APA	F	-0.17%
PARR	F	-0.16%
DAN	D	-0.16%
ELV	F	-0.16%
CE	F	-0.15%
HII	D	-0.15%
REGN	F	-0.14%
CNXC	F	-0.12%