CLSE vs. DIVB ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to iShares U.S. Dividend and Buyback ETF (DIVB)

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

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$50.28

Average Daily Volume

83,520

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	DIVB
30 Days	4.18%	2.00%
60 Days	7.10%	4.81%
90 Days	9.38%	6.56%
12 Months	39.93%	34.69%

81 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in DIVB	Overlap
ABBV	F	0.72%	1.1%	0.72%
ABM	B	0.19%	0.02%	0.02%
AES	F	-0.08%	0.04%	-0.08%
AGO	B	-0.16%	0.05%	-0.16%
ALL	A	0.45%	0.19%	0.19%
APA	D	0.25%	0.08%	0.08%
APD	A	-0.15%	0.18%	-0.15%
AVA	A	0.47%	0.0%	0.0%
AVT	C	0.66%	0.17%	0.17%
AWK	C	-0.26%	0.05%	-0.26%
BAC	A	0.81%	1.46%	0.81%
BC	C	-0.08%	0.05%	-0.08%
BEN	C	-0.36%	0.05%	-0.36%
BLK	B	0.65%	0.63%	0.63%
BMY	B	1.11%	1.09%	1.09%
BPOP	C	-0.14%	0.03%	-0.14%
C	A	-0.19%	0.67%	-0.19%
CAH	B	0.86%	0.2%	0.2%
CCOI	B	-0.33%	0.03%	-0.33%
CDP	C	0.34%	0.02%	0.02%
CF	A	0.37%	0.15%	0.15%
CHRW	B	0.61%	0.09%	0.09%
CINF	A	0.12%	0.08%	0.08%
CMA	B	0.71%	0.05%	0.05%
CNH	C	-0.18%	0.1%	-0.18%
COLD	D	-0.15%	0.02%	-0.15%
CSCO	B	-0.52%	5.42%	-0.52%
CVS	D	0.29%	0.65%	0.29%
DG	F	-0.4%	0.13%	-0.4%
EL	F	-0.12%	0.06%	-0.12%
EQR	C	0.35%	0.09%	0.09%
EXPD	C	0.14%	0.16%	0.14%
EXR	C	-0.13%	0.11%	-0.13%
FITB	B	0.78%	0.14%	0.14%
GEN	B	0.68%	0.56%	0.56%
GILD	C	1.07%	0.55%	0.55%
GLW	B	0.52%	0.53%	0.52%
HD	B	1.13%	1.57%	1.13%
HPE	B	1.92%	0.74%	0.74%
HSY	F	-0.24%	0.11%	-0.24%
IIPR	D	0.28%	0.02%	0.02%
JHG	B	1.21%	0.04%	0.04%
JNJ	C	0.83%	1.37%	0.83%
JPM	A	0.64%	2.66%	0.64%
KEY	B	-0.25%	0.1%	-0.25%
KR	B	0.17%	0.1%	0.1%
KRG	B	-0.17%	0.02%	-0.17%
LAMR	C	0.31%	0.05%	0.05%
LKQ	F	-0.17%	0.07%	-0.17%
LPX	B	0.43%	0.03%	0.03%
MCHP	F	-0.63%	0.8%	-0.63%
MDT	D	0.29%	0.55%	0.29%
MET	A	0.52%	0.46%	0.46%
NEM	D	0.22%	0.13%	0.13%
NRG	B	0.71%	0.13%	0.13%
NSC	B	-0.1%	0.25%	-0.1%
NTAP	C	1.0%	0.73%	0.73%
NTRS	A	1.08%	0.13%	0.13%
PCH	F	-0.12%	0.02%	-0.12%
PG	C	0.45%	1.5%	0.45%
PNC	B	0.72%	0.46%	0.46%
PNW	A	0.48%	0.04%	0.04%
PRU	A	0.13%	0.35%	0.13%
PSA	C	-0.23%	0.18%	-0.23%
PTEN	C	-0.27%	0.03%	-0.27%
R	B	0.38%	0.06%	0.06%
RF	A	0.72%	0.14%	0.14%
RYN	D	-0.07%	0.01%	-0.07%
SPG	A	0.37%	0.3%	0.3%
SRE	A	-0.2%	0.17%	-0.2%
STLD	B	-0.13%	0.21%	-0.13%
SW	A	-0.17%	0.12%	-0.17%
T	A	0.29%	1.2%	0.29%
TSN	B	0.6%	0.08%	0.08%
TXN	C	-0.81%	3.03%	-0.81%
UNP	C	0.47%	0.48%	0.47%
VCTR	B	0.12%	0.02%	0.02%
WAL	B	-0.19%	0.02%	-0.19%
WFC	A	0.75%	2.42%	0.75%
WTRG	B	-0.24%	0.01%	-0.24%
ZION	B	0.71%	0.05%	0.05%

CLSE Overweight 256 Positions Relative to DIVB

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%
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%
NTNX	B	1.16%
SYF	B	1.11%
SNEX	B	1.06%
PLTR	B	1.02%
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%
PPC	C	0.85%
GVA	A	0.84%
MLI	B	0.84%
CARG	B	0.83%
AAPL	C	0.83%
PRIM	A	0.8%
MO	A	0.79%
NFLX	A	0.79%
THC	D	0.78%
DVA	C	0.78%
IESC	C	0.77%
CPNG	D	0.77%
EME	A	0.75%
CNX	A	0.74%
FTI	A	0.74%
UTHR	C	0.73%
STRL	A	0.71%
UHS	D	0.7%
TMUS	B	0.7%
CEIX	A	0.7%
VRT	B	0.68%
APH	A	0.67%
UMBF	B	0.66%
ALSN	B	0.66%
MTZ	B	0.66%
MWA	B	0.65%
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%
SLVM	B	0.5%
GOOG	C	0.49%
UI	B	0.49%
EXP	B	0.48%
CACI	D	0.48%
PGR	A	0.46%
DUOL	A	0.45%
BKNG	A	0.44%
CTRE	C	0.42%
SCCO	F	0.41%
RMD	C	0.4%
JXN	C	0.39%
SR	A	0.38%
CNA	C	0.37%
GRMN	B	0.37%
OUT	A	0.36%
CCL	A	0.35%
RGLD	C	0.32%
CNC	D	0.31%
PTON	A	0.31%
J	D	0.31%
MPWR	F	0.3%
VLO	C	0.29%
NVR	D	0.24%
VRTX	D	0.23%
MATX	C	0.22%
TOL	B	0.22%
EEFT	B	0.22%
FLR	B	0.21%
JLL	D	0.2%
MUSA	B	0.2%
BAH	F	0.18%
NTRA	A	0.17%
BOX	B	0.17%
JAZZ	B	0.16%
FOXA	A	0.14%
FN	C	0.13%
VCYT	B	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%
HUN	F	-0.07%
EXAS	D	-0.07%
COOP	B	-0.07%
CCS	D	-0.07%
JOE	F	-0.08%
FLYW	B	-0.08%
GNTX	C	-0.09%
JBLU	F	-0.09%
MCW	C	-0.1%
ABG	C	-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%
DLR	B	-0.13%
AVAV	C	-0.13%
ALIT	C	-0.13%
VMC	B	-0.13%
MLM	C	-0.13%
PYCR	B	-0.14%
DAY	B	-0.14%
REXR	F	-0.14%
ARWR	D	-0.14%
MKL	A	-0.14%
AA	A	-0.14%
EQIX	A	-0.14%
CZR	F	-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%
EW	C	-0.16%
SITE	F	-0.16%
TEX	F	-0.17%
TREX	C	-0.17%
MDGL	B	-0.17%
MASI	B	-0.17%
AJG	A	-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%
BRKR	D	-0.18%
AIR	B	-0.19%
KNSL	B	-0.2%
GATX	A	-0.2%
BIRK	D	-0.2%
BE	B	-0.21%
AESI	B	-0.21%
NOG	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%
DELL	B	-0.25%
LW	C	-0.25%
BILL	A	-0.26%
NEOG	F	-0.26%
AUR	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%
ON	D	-0.39%
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%
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%
DXCM	C	-0.63%
WDC	D	-0.65%
LSCC	D	-0.7%
ROP	B	-0.7%
INTC	C	-0.93%
FSLR	F	-1.26%

CLSE Underweight 352 Positions Relative to DIVB

Symbol	Grade	Weight
ACN	B	-3.56%
IBM	C	-3.51%
XOM	B	-2.91%
CVX	A	-2.17%
FIS	C	-1.88%
VZ	C	-1.48%
MS	A	-1.36%
GS	A	-1.36%
HPQ	B	-1.24%
TEL	B	-1.17%
CAT	B	-1.1%
LOW	C	-1.06%
RTX	D	-1.04%
CTSH	B	-0.89%
COP	C	-0.85%
PM	B	-0.84%
PFE	F	-0.84%
LMT	D	-0.83%
MCD	D	-0.82%
PEP	F	-0.78%
MRK	D	-0.75%
KO	D	-0.75%
UPS	C	-0.71%
DE	B	-0.69%
CI	D	-0.68%
HON	C	-0.66%
NKE	F	-0.65%
AIG	B	-0.57%
ABT	B	-0.52%
CRH	A	-0.46%
CSX	C	-0.45%
PSX	C	-0.44%
AMGN	F	-0.43%
BX	A	-0.4%
BK	A	-0.4%
STX	C	-0.39%
ADP	A	-0.38%
AFL	B	-0.38%
SBUX	A	-0.37%
AMP	A	-0.37%
ITW	B	-0.36%
MDLZ	F	-0.35%
CME	B	-0.34%
TFC	A	-0.33%
EMR	B	-0.33%
DUK	C	-0.31%
MMM	D	-0.31%
F	C	-0.31%
USB	A	-0.31%
NOC	D	-0.31%
FDX	B	-0.3%
DFS	B	-0.3%
PLD	F	-0.3%
SWKS	F	-0.29%
EOG	A	-0.29%
NUE	C	-0.28%
GIS	D	-0.27%
CL	D	-0.26%
JNPR	D	-0.26%
TRV	B	-0.26%
DOW	F	-0.25%
KMI	A	-0.25%
AMT	C	-0.25%
CCI	C	-0.24%
MTB	A	-0.24%
EBAY	D	-0.23%
FANG	C	-0.23%
TGT	F	-0.23%
SO	C	-0.22%
WMB	A	-0.22%
OKE	A	-0.21%
HIG	B	-0.21%
JCI	B	-0.21%
COF	C	-0.2%
SYY	D	-0.19%
SLB	C	-0.19%
GPN	B	-0.19%
CFG	B	-0.19%
KMB	C	-0.18%
TROW	B	-0.18%
PFG	D	-0.17%
G	B	-0.16%
DVN	F	-0.16%
OMC	C	-0.16%
KHC	F	-0.16%
LHX	C	-0.16%
KDP	F	-0.16%
WTW	B	-0.16%
EXC	C	-0.15%
BKR	A	-0.15%
ED	C	-0.15%
LYB	F	-0.14%
MRO	B	-0.14%
PAYX	B	-0.14%
PEG	A	-0.13%
D	C	-0.13%
LH	B	-0.13%
YUM	D	-0.12%
CTRA	B	-0.12%
EIX	B	-0.12%
HBAN	A	-0.12%
FAST	B	-0.12%
CMI	A	-0.12%
IP	A	-0.12%
NEE	C	-0.11%
WEC	A	-0.11%
IPG	D	-0.11%
TRGP	A	-0.11%
DRI	B	-0.11%
BBY	D	-0.11%
ROK	C	-0.11%
TPR	B	-0.1%
KLIC	B	-0.1%
AMCR	C	-0.1%
WBA	F	-0.1%
XEL	A	-0.1%
ORI	A	-0.1%
AEP	C	-0.1%
PKG	A	-0.09%
OVV	B	-0.09%
VTRS	A	-0.09%
ES	C	-0.08%
IRM	C	-0.08%
DGX	A	-0.08%
PPL	A	-0.08%
SJM	D	-0.08%
SNA	A	-0.08%
FE	C	-0.08%
DOC	C	-0.08%
BG	D	-0.08%
PPG	F	-0.08%
WY	F	-0.08%
BXP	C	-0.07%
EMN	C	-0.07%
MAA	B	-0.07%
ALLY	C	-0.07%
SF	B	-0.07%
TAP	C	-0.07%
UNM	A	-0.07%
KIM	A	-0.07%
EVR	B	-0.07%
RL	C	-0.07%
WH	B	-0.07%
CG	B	-0.07%
AVB	B	-0.07%
CHRD	D	-0.07%
HST	C	-0.07%
GPC	D	-0.07%
OMF	A	-0.07%
ESS	B	-0.07%
DKS	D	-0.07%
FHN	A	-0.07%
SCI	B	-0.07%
VSH	F	-0.06%
CNP	A	-0.06%
REG	A	-0.06%
STWD	C	-0.06%
EWBC	A	-0.06%
ARES	A	-0.06%
HR	B	-0.06%
WBS	A	-0.06%
MAS	D	-0.06%
INVH	D	-0.06%
VOYA	B	-0.06%
EXE	A	-0.06%
WPC	C	-0.06%
K	A	-0.06%
RHI	C	-0.06%
CLX	A	-0.06%
FNF	B	-0.06%
HRB	D	-0.06%
EVRG	A	-0.06%
CAG	F	-0.06%
CPT	B	-0.05%
SWK	D	-0.05%
AOS	F	-0.05%
RPRX	D	-0.05%
VICI	C	-0.05%
PR	B	-0.05%
BAX	F	-0.05%
OWL	A	-0.05%
BYD	B	-0.05%
LUV	C	-0.05%
BERY	C	-0.05%
ETR	B	-0.05%
MTG	C	-0.05%
ALV	C	-0.05%
IFF	D	-0.05%
FAF	A	-0.04%
OHI	C	-0.04%
HAS	D	-0.04%
OZK	B	-0.04%
CFR	B	-0.04%
LNT	A	-0.04%
HOG	D	-0.04%
PII	F	-0.04%
CNXC	F	-0.04%
OGE	A	-0.04%
LEA	F	-0.04%
AEE	A	-0.04%
PBF	D	-0.04%
CIVI	D	-0.04%
SNV	C	-0.04%
RDN	D	-0.04%
MKC	C	-0.04%
CUBE	C	-0.04%
AIZ	A	-0.04%
MSM	C	-0.04%
CHH	A	-0.04%
NI	A	-0.04%
IVZ	B	-0.04%
COLB	B	-0.04%
VTR	B	-0.04%
RITM	C	-0.04%
IRDM	D	-0.04%
JEF	A	-0.04%
AM	A	-0.03%
CNO	B	-0.03%
ONB	C	-0.03%
VLY	B	-0.03%
GLPI	C	-0.03%
PAG	B	-0.03%
HP	C	-0.03%
WEN	D	-0.03%
HOMB	A	-0.03%
MGY	A	-0.03%
RHP	B	-0.03%
WSO	A	-0.03%
DTM	A	-0.03%
XRAY	F	-0.03%
ASH	F	-0.03%
ARCH	B	-0.03%
FHI	B	-0.03%
MAN	F	-0.03%
CBSH	B	-0.03%
HRI	C	-0.03%
KRC	B	-0.03%
UGI	C	-0.03%
CPB	D	-0.03%
ELS	C	-0.03%
HRL	D	-0.03%
INGR	C	-0.03%
DLB	B	-0.03%
AFG	A	-0.03%
CC	C	-0.03%
BRX	A	-0.03%
PB	B	-0.03%
KBH	D	-0.03%
CMS	C	-0.03%
FMC	D	-0.03%
APLE	B	-0.02%
ALE	A	-0.02%
NSP	F	-0.02%
BOKF	B	-0.02%
HWC	B	-0.02%
GOLF	B	-0.02%
AAP	D	-0.02%
WMG	D	-0.02%
PECO	A	-0.02%
ESNT	F	-0.02%
PRGO	C	-0.02%
FHB	B	-0.02%
NFG	A	-0.02%
FR	D	-0.02%
THG	A	-0.02%
DTE	C	-0.02%
MC	C	-0.02%
GAP	C	-0.02%
THO	B	-0.02%
AEO	F	-0.02%
NHI	D	-0.02%
RUSHA	C	-0.02%
IDA	A	-0.02%
CUZ	B	-0.02%
MAC	B	-0.02%
SIRI	C	-0.02%
CRC	A	-0.02%
ASB	B	-0.02%
SHOO	F	-0.02%
ACI	C	-0.02%
KTB	B	-0.02%
SON	F	-0.02%
GBCI	B	-0.02%
SSB	B	-0.02%
APAM	B	-0.02%
OGN	F	-0.02%
VFC	C	-0.02%
M	F	-0.02%
STAG	D	-0.02%
SLG	B	-0.02%
AXS	A	-0.02%
FLO	D	-0.02%
MUR	D	-0.02%
EQH	C	-0.02%
UDR	B	-0.02%
UBSI	B	-0.02%
FNB	A	-0.02%
BTU	B	-0.02%
SBRA	C	-0.02%
EPR	C	-0.02%
HII	F	-0.02%
FRT	B	-0.02%
NNN	C	-0.02%
AMH	C	-0.01%
IPAR	B	-0.01%
OGS	A	-0.01%
CWEN	C	-0.01%
TXNM	A	-0.01%
MCY	A	-0.01%
DNB	B	-0.01%
BKH	A	-0.01%
MDU	D	-0.01%
AWR	B	-0.01%
UCB	A	-0.01%
SXT	C	-0.01%
RRR	F	-0.01%
TFSL	A	-0.01%
MGEE	B	-0.01%
CNS	B	-0.01%
GEF	A	-0.01%
ADT	C	-0.01%
KMPR	A	-0.01%
AVNT	B	-0.01%
AROC	A	-0.01%
OTTR	C	-0.01%
HI	C	-0.01%
LXP	D	-0.01%
NJR	A	-0.01%
JWN	D	-0.01%
IBOC	B	-0.01%
SEE	C	-0.01%
NEU	D	-0.01%
FFIN	B	-0.01%
CATY	B	-0.01%
CWEN	C	-0.01%
AGR	A	-0.01%
LCII	C	-0.01%
SKT	A	-0.01%
WD	D	-0.01%
NWL	C	-0.01%
SMG	C	-0.01%
IRT	A	-0.01%
MAGN	D	-0.0%
CADE	B	-0.0%
RUSHB	C	-0.0%
GEF	A	-0.0%
AGNC	C	-0.0%
CRK	B	-0.0%
SITC	D	-0.0%
ACT	C	-0.0%
REYN	D	-0.0%
CVI	F	-0.0%