CLSE vs. DWSH ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to AdvisorShares Dorsey Wright Short ETF (DWSH)

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

$21.94

Average Daily Volume

53,460

Number of Holdings ^*

326

* may have additional holdings in another (foreign) market

DWSH

AdvisorShares Dorsey Wright Short ETF

DWSH Description

The investment seeks capital appreciation through short selling securities. Dorsey, Wright & Associates, LLC (the "Sub-Advisor"), the sub-advisor to the fund, seeks to achieve the fund's investment objective by obtaining short exposure to investment returns of the broad U.S. large-capitalization equity market by engaging in short sales of U.S.-traded equity securities and exchange-traded funds ("ETFs"). Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that create or result in short exposure to U.S. equity securities.

Grade (RS Rating)

Last Trade

$7.18

Average Daily Volume

23,569

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	DWSH
30 Days	2.05%	-1.98%
60 Days	4.63%	0.00%
90 Days	1.81%	-3.75%
12 Months	37.03%	-10.62%

30 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in DWSH	Overlap
AAL	D	-0.12%	-0.96%	-0.96%
AGCO	D	-0.24%	-0.98%	-0.98%
ALB	D	-0.26%	-0.79%	-0.79%
BA	F	-0.38%	-0.87%	-0.87%
BIO	C	-0.24%	-0.94%	-0.94%
BMY	C	0.49%	-0.9%	-0.9%
CC	F	-0.11%	-0.67%	-0.67%
COTY	F	-0.2%	-0.92%	-0.92%
DLTR	F	-0.23%	-0.51%	-0.51%
DXCM	F	-0.22%	-0.9%	-0.9%
EL	F	-0.2%	-0.86%	-0.86%
ENOV	D	-0.18%	-0.87%	-0.87%
EXAS	C	-0.34%	-1.26%	-1.26%
GT	F	-0.27%	-0.83%	-0.83%
ILMN	C	-0.16%	-1.06%	-1.06%
INTC	F	-0.93%	-0.83%	-0.93%
LKQ	F	-0.2%	-0.84%	-0.84%
LUV	C	-0.21%	-0.96%	-0.96%
LVS	D	-0.36%	-0.84%	-0.84%
LW	D	-0.29%	-1.0%	-1.0%
MKTX	C	-0.4%	-1.07%	-1.07%
MTN	D	-0.15%	-0.87%	-0.87%
PTEN	F	-0.24%	-0.67%	-0.67%
SJM	C	-0.17%	-0.86%	-0.86%
UHAL	A	-0.16%	-0.9%	-0.9%
VAC	F	-0.1%	-0.75%	-0.75%
VFC	C	-0.12%	-1.02%	-1.02%
VSAT	F	-0.14%	-0.88%	-0.88%
WBA	F	-0.22%	-0.74%	-0.74%
WBD	D	-0.38%	-0.82%	-0.82%

CLSE Overweight 296 Positions Relative to DWSH

Symbol	Grade	Weight
NVDA	D	4.12%
META	B	3.15%
GOOGL	D	2.93%
QCOM	D	2.58%
AVGO	C	2.58%
AMZN	C	2.5%
AAPL	C	2.26%
WMT	C	2.07%
APP	C	2.04%
ANET	B	1.86%
IBM	B	1.7%
CVLT	B	1.64%
NTAP	D	1.64%
GDDY	C	1.58%
CVNA	B	1.53%
HPE	D	1.52%
GOOG	D	1.22%
ORCL	C	1.22%
DOCU	C	1.21%
HD	B	1.17%
ACIW	B	1.12%
MSFT	C	1.12%
ABBV	C	1.04%
T	C	1.03%
HALO	C	1.03%
MU	F	1.02%
GILD	B	0.98%
AMG	C	0.98%
PYPL	B	0.98%
JNJ	C	0.96%
SNEX	B	0.95%
OGN	D	0.92%
JHG	B	0.92%
NTRS	A	0.91%
AVT	C	0.88%
UHS	B	0.87%
SYF	C	0.86%
THC	A	0.85%
AMRX	B	0.85%
NTNX	C	0.84%
DVA	B	0.82%
EME	B	0.81%
SEIC	C	0.81%
PG	C	0.81%
MO	C	0.81%
BAC	D	0.81%
VLO	F	0.79%
JPM	D	0.77%
MLI	A	0.75%
FTDR	B	0.75%
MPC	F	0.74%
CNC	D	0.73%
BG	D	0.72%
PPC	D	0.72%
JXN	A	0.72%
MCK	F	0.71%
UMBF	B	0.71%
IDCC	B	0.7%
RF	B	0.69%
CHRW	B	0.66%
IIPR	B	0.65%
IESC	C	0.63%
OSCR	B	0.63%
GVA	B	0.63%
NEM	B	0.62%
FITB	B	0.61%
CAH	C	0.61%
STRL	B	0.6%
VRT	C	0.59%
MUSA	D	0.59%
TSLA	C	0.59%
XOM	C	0.58%
CFG	C	0.57%
TSN	C	0.57%
UNP	C	0.57%
PATK	B	0.55%
WFC	D	0.55%
AMGN	B	0.55%
PNW	C	0.55%
PGR	B	0.55%
NEE	C	0.55%
MTZ	B	0.54%
LMT	C	0.54%
GM	C	0.54%
PRIM	B	0.54%
AVA	C	0.54%
MET	B	0.54%
NRG	C	0.54%
SLVM	B	0.53%
MWA	B	0.53%
HRB	C	0.53%
EXPE	C	0.53%
RGA	C	0.53%
VST	C	0.53%
MRK	D	0.53%
RTX	C	0.51%
CVX	D	0.51%
FDX	C	0.5%
ADMA	B	0.49%
CNA	C	0.49%
NSA	B	0.48%
KLAC	D	0.47%
LNTH	D	0.46%
EEFT	D	0.45%
EQR	B	0.44%
RGLD	C	0.43%
REZI	D	0.43%
ACT	B	0.42%
SPG	B	0.41%
LAMR	B	0.41%
KMB	D	0.4%
SAIC	C	0.4%
MRO	C	0.39%
SCCO	D	0.39%
LDOS	B	0.38%
FCX	D	0.38%
J	C	0.36%
CTRE	C	0.36%
BCO	B	0.36%
DVN	F	0.35%
GRMN	D	0.35%
KNF	B	0.35%
ABM	D	0.34%
TOL	B	0.34%
CAT	B	0.33%
STAG	C	0.33%
GLW	C	0.32%
JLL	B	0.32%
ALSN	B	0.32%
ANF	D	0.32%
NFLX	B	0.31%
SM	F	0.31%
VTRS	D	0.31%
EXP	B	0.31%
NVR	B	0.3%
IBP	D	0.27%
CPNG	B	0.26%
BKNG	C	0.25%
CCL	C	0.24%
KR	C	0.17%
ADUS	B	0.15%
SPOT	B	0.13%
ALNY	C	0.12%
NTRA	C	0.12%
MHO	B	0.1%
QQQ	C	0.0%
JOBY	F	-0.04%
CAR	F	-0.05%
CRNX	C	-0.05%
MRNA	F	-0.06%
COLD	D	-0.08%
ROK	D	-0.08%
ALIT	D	-0.08%
FOXF	D	-0.08%
AES	C	-0.08%
AGL	F	-0.09%
NXST	D	-0.09%
DRVN	C	-0.1%
HGV	F	-0.1%
WOR	D	-0.1%
AWR	B	-0.1%
WTW	C	-0.1%
MCW	F	-0.1%
VMC	D	-0.11%
HHH	C	-0.11%
ACVA	B	-0.11%
DRI	B	-0.11%
TXG	D	-0.11%
VAL	F	-0.12%
PGNY	F	-0.12%
AA	D	-0.12%
CGON	C	-0.12%
BC	C	-0.13%
PPBI	D	-0.14%
CHK	D	-0.15%
RBLX	B	-0.15%
EXR	B	-0.15%
AESI	C	-0.15%
PYCR	D	-0.15%
CG	D	-0.15%
DAY	D	-0.15%
CLDX	C	-0.16%
PCH	C	-0.16%
WTRG	D	-0.16%
BIRK	F	-0.16%
KRG	B	-0.16%
WAL	B	-0.16%
UEC	D	-0.17%
VNO	B	-0.17%
GTLS	F	-0.17%
KNSL	C	-0.18%
XPO	D	-0.18%
HI	F	-0.18%
BE	F	-0.19%
BANC	B	-0.19%
CZR	C	-0.19%
FCNCA	D	-0.19%
WY	C	-0.19%
CNH	D	-0.19%
LAD	D	-0.19%
COLB	B	-0.2%
TMDX	C	-0.2%
CINF	B	-0.2%
TFC	C	-0.2%
AVAV	C	-0.2%
WOLF	F	-0.2%
AJG	D	-0.21%
GPOR	D	-0.21%
SOFI	C	-0.21%
BX	B	-0.21%
RNR	C	-0.22%
SHC	C	-0.22%
IRTC	F	-0.22%
CNX	B	-0.22%
RBA	B	-0.22%
CIEN	C	-0.22%
AEIS	D	-0.23%
TTD	B	-0.23%
WTM	D	-0.23%
SW	B	-0.23%
IPAR	F	-0.23%
XYL	C	-0.23%
FDS	C	-0.23%
SUM	D	-0.24%
OKE	B	-0.24%
MS	D	-0.25%
VSH	F	-0.25%
WAT	C	-0.25%
AL	D	-0.26%
APD	B	-0.26%
SITE	C	-0.26%
FLYW	F	-0.26%
EQT	D	-0.26%
WSC	D	-0.26%
CSCO	C	-0.27%
VVV	D	-0.27%
HASI	C	-0.27%
CELH	F	-0.28%
HSY	C	-0.28%
NEOG	D	-0.29%
GMED	D	-0.29%
APLS	F	-0.29%
FIVN	F	-0.3%
MNST	D	-0.31%
O	C	-0.31%
INSP	C	-0.31%
RVMD	C	-0.32%
ENPH	D	-0.32%
PEN	D	-0.32%
REGN	C	-0.32%
FOUR	C	-0.33%
SRE	C	-0.33%
EVTC	D	-0.33%
RGEN	F	-0.33%
IAC	C	-0.34%
TOST	C	-0.34%
D	C	-0.34%
LPLA	D	-0.35%
MARA	F	-0.35%
ZI	D	-0.36%
ADBE	F	-0.36%
GE	B	-0.36%
ON	D	-0.36%
KLIC	F	-0.36%
LYV	B	-0.36%
AFRM	C	-0.36%
NDAQ	A	-0.36%
RIOT	F	-0.38%
BBIO	D	-0.38%
PATH	D	-0.39%
SATS	C	-0.4%
BRZE	F	-0.4%
RIVN	F	-0.41%
CCOI	C	-0.43%
CGNX	F	-0.43%
FIVE	D	-0.45%
TTWO	C	-0.47%
ZBRA	B	-0.48%
C	C	-0.48%
GLOB	D	-0.48%
GFS	F	-0.48%
LSCC	D	-0.5%
MDB	D	-0.5%
MCHP	F	-0.5%
CFLT	F	-0.5%
BILL	D	-0.5%
DV	F	-0.5%
POOL	C	-0.54%
SMCI	F	-0.55%
RH	B	-0.56%
WDC	D	-0.58%
LBRDK	F	-0.58%
FND	C	-0.59%
U	D	-0.6%
LITE	B	-0.69%
TXN	C	-0.85%

CLSE Underweight 67 Positions Relative to DWSH

Symbol	Grade	Weight
TDC	F	--0.65%
HPP	D	--0.66%
IPGP	F	--0.66%
DG	F	--0.68%
TRIP	F	--0.69%
APA	F	--0.7%
SVC	D	--0.7%
CBRL	D	--0.71%
NUS	F	--0.73%
VC	F	--0.74%
TECH	C	--0.75%
PII	D	--0.76%
HLF	F	--0.76%
BEN	F	--0.76%
UPS	D	--0.77%
AAP	F	--0.77%
RIG	F	--0.77%
ZD	D	--0.78%
JAZZ	D	--0.78%
DAN	F	--0.79%
MOS	F	--0.79%
NKE	D	--0.79%
CABO	F	--0.8%
LEG	D	--0.8%
IART	F	--0.8%
XRAY	D	--0.81%
BIIB	F	--0.82%
XRX	D	--0.83%
ULTA	D	--0.83%
ADNT	F	--0.84%
SLAB	D	--0.84%
RES	D	--0.84%
WEN	C	--0.84%
OLN	D	--0.85%
LEA	F	--0.85%
SAGE	F	--0.86%
CVS	D	--0.87%
HUM	F	--0.87%
FMC	C	--0.89%
BRKR	D	--0.89%
RHI	D	--0.89%
ALGN	D	--0.92%
KSS	F	--0.92%
WYNN	D	--0.93%
AKAM	D	--0.94%
OI	D	--0.94%
W	D	--0.95%
PRGO	D	--0.96%
JBHT	D	--0.97%
VRSN	D	--0.97%
TAP	D	--0.97%
ADM	D	--0.99%
GPN	D	--1.01%
WHR	D	--1.01%
ODFL	D	--1.02%
BAX	C	--1.02%
EPAM	F	--1.03%
PAYC	D	--1.05%
SBUX	C	--1.07%
MD	C	--1.07%
VLY	C	--1.07%
ATUS	C	--1.09%
GL	C	--1.09%
NWL	C	--1.1%
HAIN	D	--1.11%
DXC	C	--1.23%
MPW	C	--1.28%