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

$23.68

Average Daily Volume

66,024

Number of Holdings ^*

337

* 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

$7.14

Average Daily Volume

22,786

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	DWSH
30 Days	4.69%	-3.84%
60 Days	6.81%	-1.52%
90 Days	9.38%	-1.31%
12 Months	39.93%	-14.37%

28 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in DWSH	Overlap
AGCO	D	-0.18%	-1.02%	-1.02%
ALB	C	-0.16%	-1.09%	-1.09%
APA	D	0.25%	-0.71%	-0.71%
BA	F	-0.4%	-0.78%	-0.78%
BEN	C	-0.36%	-0.92%	-0.92%
BRKR	D	-0.18%	-0.75%	-0.75%
CACC	D	-0.36%	-0.94%	-0.94%
CGNX	C	-0.45%	-0.92%	-0.92%
COTY	F	-0.18%	-0.75%	-0.75%
CRL	C	-0.15%	-0.85%	-0.85%
CVS	D	0.29%	-0.94%	-0.94%
DG	F	-0.4%	-0.89%	-0.89%
DLTR	F	-0.41%	-0.82%	-0.82%
EL	F	-0.12%	-0.95%	-0.95%
ENOV	C	-0.18%	-0.89%	-0.89%
EW	C	-0.16%	-1.04%	-1.04%
HGV	B	-0.06%	-0.99%	-0.99%
HUN	F	-0.07%	-0.8%	-0.8%
INTC	D	-0.93%	-1.03%	-1.03%
JAZZ	B	0.16%	-0.8%	-0.8%
LKQ	D	-0.17%	-0.85%	-0.85%
LW	C	-0.25%	-1.22%	-1.22%
MCHP	D	-0.63%	-0.84%	-0.84%
MTN	C	-0.22%	-0.93%	-0.93%
PTEN	C	-0.27%	-0.78%	-0.78%
UHAL	D	-0.16%	-0.94%	-0.94%
WBD	C	-0.43%	-1.05%	-1.05%
WST	C	-0.59%	-0.99%	-0.99%

CLSE Overweight 309 Positions Relative to DWSH

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%
HPE	B	1.92%
CVNA	B	1.85%
ANET	C	1.83%
WMT	A	1.82%
QCOM	F	1.73%
IDCC	A	1.51%
GDDY	A	1.42%
CVLT	B	1.4%
DOCU	A	1.37%
PYPL	B	1.33%
ORCL	B	1.33%
ACIW	B	1.3%
TSLA	B	1.22%
JHG	A	1.21%
NTNX	A	1.16%
HD	A	1.13%
SYF	B	1.11%
BMY	B	1.11%
NTRS	A	1.08%
GILD	C	1.07%
SNEX	B	1.06%
PLTR	B	1.02%
NTAP	C	1.0%
LNG	B	0.97%
SEIC	B	0.95%
HALO	F	0.9%
AMRX	C	0.9%
BFH	B	0.88%
GM	B	0.87%
COR	B	0.86%
CAH	B	0.86%
PPC	C	0.85%
GVA	A	0.84%
MLI	C	0.84%
CARG	C	0.83%
AAPL	C	0.83%
JNJ	D	0.83%
BAC	A	0.81%
PRIM	A	0.8%
MO	A	0.79%
NFLX	A	0.79%
THC	D	0.78%
FITB	A	0.78%
DVA	B	0.78%
IESC	B	0.77%
CPNG	D	0.77%
EME	C	0.75%
WFC	A	0.75%
CNX	A	0.74%
FTI	A	0.74%
UTHR	C	0.73%
PNC	B	0.72%
ABBV	D	0.72%
RF	A	0.72%
STRL	B	0.71%
ZION	B	0.71%
CMA	A	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	C	0.65%
JPM	A	0.64%
CHRW	C	0.61%
EXPE	B	0.61%
TSN	B	0.6%
FFIV	B	0.6%
FTDR	A	0.58%
AMG	B	0.58%
LDOS	C	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	A	0.48%
CACI	D	0.48%
PNW	B	0.48%
AVA	A	0.47%
UNP	C	0.47%
PGR	A	0.46%
DUOL	A	0.45%
PG	A	0.45%
ALL	A	0.45%
BKNG	A	0.44%
LPX	B	0.43%
CTRE	D	0.42%
SCCO	F	0.41%
RMD	C	0.4%
JXN	C	0.39%
SR	A	0.38%
R	B	0.38%
SPG	B	0.37%
CNA	B	0.37%
CF	B	0.37%
GRMN	B	0.37%
OUT	A	0.36%
EQR	B	0.35%
CCL	B	0.35%
CDP	C	0.34%
RGLD	C	0.32%
CNC	D	0.31%
PTON	B	0.31%
LAMR	D	0.31%
J	F	0.31%
MPWR	F	0.3%
VLO	C	0.29%
T	A	0.29%
MDT	D	0.29%
IIPR	D	0.28%
NVR	D	0.24%
VRTX	F	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	A	0.2%
ABM	B	0.19%
BAH	F	0.18%
KR	B	0.17%
NTRA	B	0.17%
BOX	B	0.17%
FOXA	B	0.14%
EXPD	D	0.14%
FN	D	0.13%
PRU	A	0.13%
VCTR	B	0.12%
VCYT	B	0.12%
CINF	A	0.12%
CDE	D	0.11%
ILMN	D	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%
EXAS	D	-0.07%
RYN	D	-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	B	-0.1%
MCW	B	-0.1%
ABG	B	-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%
PCH	D	-0.12%
DLR	B	-0.13%
EXR	D	-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	B	-0.14%
REXR	F	-0.14%
ARWR	F	-0.14%
MKL	A	-0.14%
AA	B	-0.14%
EQIX	A	-0.14%
CZR	F	-0.15%
COLD	D	-0.15%
APD	A	-0.15%
GTLS	B	-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	D	-0.16%
DAR	C	-0.16%
AGO	B	-0.16%
SITE	D	-0.16%
SW	A	-0.17%
TEX	D	-0.17%
TREX	C	-0.17%
MDGL	B	-0.17%
MASI	A	-0.17%
AJG	B	-0.17%
KRG	B	-0.17%
CHDN	B	-0.18%
UEC	B	-0.18%
EBC	B	-0.18%
AL	B	-0.18%
CNH	C	-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	D	-0.2%
BE	B	-0.21%
AESI	B	-0.21%
NOG	A	-0.21%
WTM	A	-0.21%
PRCT	B	-0.22%
BANC	A	-0.22%
SAIA	B	-0.22%
SUM	B	-0.22%
EQT	B	-0.23%
PSA	D	-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%
KEY	B	-0.25%
BILL	A	-0.26%
NEOG	F	-0.26%
AUR	C	-0.26%
AWK	D	-0.26%
VAL	D	-0.27%
FOUR	B	-0.27%
STNE	F	-0.27%
TEAM	A	-0.27%
MSCI	C	-0.27%
MNST	C	-0.28%
SOFI	A	-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	D	-0.32%
GTLB	B	-0.32%
VVV	F	-0.33%
CCOI	B	-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	B	-0.35%
COHR	B	-0.36%
BBIO	F	-0.36%
ZI	D	-0.36%
ON	D	-0.39%
SATS	D	-0.4%
RBLX	C	-0.41%
PINS	D	-0.41%
U	C	-0.41%
RIVN	F	-0.42%
TTWO	A	-0.43%
SNPS	B	-0.44%
ALGM	D	-0.45%
DV	C	-0.45%
GE	D	-0.46%
CDNS	B	-0.46%
MRNA	F	-0.47%
SMCI	F	-0.47%
RH	B	-0.47%
CFLT	B	-0.47%
CHTR	C	-0.48%
CSCO	B	-0.52%
FND	C	-0.53%
BRZE	C	-0.56%
FIVE	F	-0.56%
NWS	B	-0.57%
LITE	B	-0.6%
POOL	C	-0.61%
DXCM	D	-0.63%
WDC	D	-0.65%
LSCC	D	-0.7%
ROP	B	-0.7%
TXN	C	-0.81%
FSLR	F	-1.26%

CLSE Underweight 70 Positions Relative to DWSH

Symbol	Grade	Weight
HPP	F	--0.49%
DAN	D	--0.64%
VSAT	F	--0.64%
XRAY	F	--0.65%
BIIB	F	--0.67%
PII	D	--0.68%
WBA	F	--0.69%
TECH	D	--0.7%
SVC	F	--0.71%
ADNT	F	--0.73%
SAGE	F	--0.74%
NKE	D	--0.74%
VC	D	--0.74%
KSS	F	--0.74%
IPGP	D	--0.75%
TDC	D	--0.76%
LEA	D	--0.76%
TRIP	F	--0.77%
AAP	C	--0.77%
ULTA	F	--0.78%
XRX	F	--0.78%
CC	C	--0.79%
LEG	F	--0.8%
MOS	F	--0.8%
UPS	C	--0.83%
FMC	D	--0.84%
VAC	B	--0.85%
RIG	D	--0.86%
RES	D	--0.87%
OLN	D	--0.88%
SIRI	C	--0.88%
MUR	D	--0.88%
SNAP	C	--0.89%
SLAB	D	--0.89%
M	D	--0.89%
HLF	C	--0.91%
OXY	D	--0.92%
SLB	C	--0.93%
CBRL	C	--0.93%
W	F	--0.93%
RLJ	C	--0.94%
DVN	F	--0.94%
GT	C	--0.94%
NOV	C	--0.95%
OI	C	--0.95%
DINO	D	--0.95%
ADM	D	--0.95%
ALGN	D	--0.95%
PRGO	B	--0.97%
VRSN	F	--0.98%
F	C	--1.0%
BBWI	D	--1.01%
ZD	C	--1.01%
EPAM	C	--1.04%
RHI	B	--1.04%
CABO	C	--1.06%
VYX	B	--1.06%
HAIN	C	--1.06%
TAP	C	--1.07%
HAL	C	--1.09%
WHR	B	--1.13%
IART	C	--1.15%
NUS	D	--1.16%
GPN	B	--1.17%
HUM	C	--1.17%
DXC	B	--1.21%
ODFL	B	--1.22%
ATUS	C	--1.3%
AAL	B	--1.32%
PAYC	B	--1.4%