CLSE vs. FTLS ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to First Trust Long/Short Equity (FTLS)
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
FTLS

First Trust Long/Short Equity

FTLS Description The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.59

Average Daily Volume

128,344

Number of Holdings *

384

* may have additional holdings in another (foreign) market
Performance
Period CLSE FTLS
30 Days 4.18% 1.17%
60 Days 7.10% 4.53%
90 Days 9.38% 3.65%
12 Months 39.93% 20.51%
89 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in FTLS Overlap
AAPL C 0.83% 7.44% 0.83%
ABM B 0.19% 0.1% 0.1%
ACIW B 1.3% -0.05% -0.05%
ACVA B -0.11% -0.05% -0.11%
ALB B -0.16% -0.04% -0.16%
ALL A 0.45% 0.88% 0.45%
ALSN B 0.66% 0.2% 0.2%
AMZN C 2.53% 2.74% 2.53%
APD A -0.15% -0.7% -0.7%
APO B -0.35% -0.04% -0.35%
AVAV C -0.13% -0.07% -0.13%
AVGO D 2.28% 1.06% 1.06%
BA F -0.4% -0.07% -0.4%
BE B -0.21% -0.03% -0.21%
BFH C 0.88% 0.13% 0.13%
BIRK D -0.2% -0.03% -0.2%
C A -0.19% 2.18% -0.19%
CARG B 0.83% 0.09% 0.09%
CCOI B -0.33% -0.08% -0.33%
CDNS B -0.46% -0.69% -0.69%
CF A 0.37% 0.55% 0.37%
CFLT B -0.47% -0.04% -0.47%
COHR B -0.36% -0.02% -0.36%
COTY F -0.18% -0.02% -0.18%
EBC B -0.18% 0.07% -0.18%
EQT B -0.23% -0.04% -0.23%
EXP B 0.48% 0.35% 0.35%
FFIV B 0.6% 0.4% 0.4%
FSLR F -1.26% -0.02% -1.26%
FTDR B 0.58% 0.12% 0.12%
GATX A -0.2% -0.04% -0.2%
GE D -0.46% -0.03% -0.46%
GEN B 0.68% 0.45% 0.45%
GM C 0.87% 0.14% 0.14%
GOOG C 0.49% 1.17% 0.49%
GOOGL C 3.47% 1.4% 1.4%
HQY A 0.07% -0.13% -0.13%
IDCC B 1.51% -0.07% -0.07%
ILMN C 0.1% 1.13% 0.1%
INTC C -0.93% -0.15% -0.93%
JAZZ B 0.16% 0.31% 0.16%
JNJ C 0.83% 1.85% 0.83%
JPM A 0.64% 0.93% 0.64%
KNSL B -0.2% 0.22% -0.2%
KR B 0.17% -0.25% -0.25%
KRG B -0.17% 0.11% -0.17%
LNG A 0.97% 1.19% 0.97%
LPX B 0.43% 0.31% 0.31%
MATX C 0.22% 0.15% 0.15%
META D 3.3% 1.77% 1.77%
MLM C -0.13% -0.46% -0.46%
MO A 0.79% 1.51% 0.79%
MU D 2.13% -0.16% -0.16%
NEOG F -0.26% -0.03% -0.26%
NFLX A 0.79% -0.15% -0.15%
NSC B -0.1% -0.27% -0.27%
NTAP C 1.0% 0.75% 0.75%
NTRS A 1.08% 0.42% 0.42%
NVDA B 4.61% 4.84% 4.61%
NVR D 0.24% 0.55% 0.24%
ORCL A 1.33% -0.41% -0.41%
OSK C -0.16% -0.03% -0.16%
PENN C -0.05% 0.4% -0.05%
PG C 0.45% -0.26% -0.26%
PNC B 0.72% -0.51% -0.51%
PPC C 0.85% 0.11% 0.11%
PRCT B -0.22% -0.03% -0.22%
QCOM F 1.73% 1.88% 1.73%
R B 0.38% -0.09% -0.09%
RH C -0.47% -0.04% -0.47%
RIVN F -0.42% -0.02% -0.42%
SAIA B -0.22% -0.02% -0.22%
SNPS B -0.44% -0.29% -0.44%
SOFI B -0.28% -0.05% -0.28%
SYF B 1.11% 0.79% 0.79%
TMUS B 0.7% 2.32% 0.7%
TOL B 0.22% 0.65% 0.22%
TSLA B 1.22% -0.32% -0.32%
TTWO A -0.43% -0.33% -0.43%
TXN C -0.81% -0.36% -0.81%
UHS D 0.7% 0.19% 0.19%
UMBF B 0.66% 0.16% 0.16%
VAL F -0.27% -0.06% -0.27%
VCYT B 0.12% 0.09% 0.09%
VLO C 0.29% 1.43% 0.29%
VMC B -0.13% -0.16% -0.16%
VVV D -0.33% -0.1% -0.33%
WMT A 1.82% -0.03% -0.03%
WST C -0.59% -0.06% -0.59%
CLSE Overweight 248 Positions Relative to FTLS
Symbol Grade Weight
APP B 2.25%
HPE B 1.92%
CVNA B 1.85%
ANET C 1.83%
GDDY A 1.42%
CVLT B 1.4%
DOCU B 1.37%
PYPL B 1.33%
JHG B 1.21%
NTNX B 1.16%
HD B 1.13%
BMY B 1.11%
GILD C 1.07%
SNEX B 1.06%
PLTR B 1.02%
SEIC B 0.95%
HALO F 0.9%
AMRX C 0.9%
COR B 0.86%
CAH B 0.86%
GVA A 0.84%
MLI B 0.84%
BAC A 0.81%
PRIM A 0.8%
THC D 0.78%
FITB B 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%
ABBV F 0.72%
RF A 0.72%
STRL A 0.71%
ZION B 0.71%
CMA B 0.71%
NRG B 0.71%
CEIX A 0.7%
VRT B 0.68%
APH A 0.67%
MTZ B 0.66%
AVT C 0.66%
MWA B 0.65%
BLK B 0.65%
CHRW B 0.61%
EXPE B 0.61%
TSN B 0.6%
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%
UI B 0.49%
CACI D 0.48%
PNW A 0.48%
AVA A 0.47%
UNP C 0.47%
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%
SPG A 0.37%
CNA C 0.37%
GRMN B 0.37%
OUT A 0.36%
EQR C 0.35%
CCL A 0.35%
CDP C 0.34%
RGLD C 0.32%
CNC D 0.31%
PTON A 0.31%
LAMR C 0.31%
J D 0.31%
MPWR F 0.3%
CVS D 0.29%
T A 0.29%
MDT D 0.29%
IIPR D 0.28%
APA D 0.25%
VRTX D 0.23%
NEM D 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%
FOXA A 0.14%
EXPD C 0.14%
FN C 0.13%
PRU A 0.13%
VCTR B 0.12%
CINF A 0.12%
CDE C 0.11%
AEIS C 0.07%
INCY C 0.07%
QQQ B 0.0%
LNTH D 0.0%
LRCX F 0.0%
KNX C -0.06%
HGV C -0.06%
HUN F -0.07%
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 B -0.08%
GNTX C -0.09%
JBLU F -0.09%
MCW C -0.1%
ABG C -0.1%
ATO A -0.1%
ENPH F -0.11%
CGON F -0.11%
EL F -0.12%
RBA A -0.12%
FL F -0.12%
PCH F -0.12%
DLR B -0.13%
EXR C -0.13%
STLD B -0.13%
ALIT C -0.13%
BPOP C -0.14%
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%
COLD D -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%
LGIH F -0.16%
DAR C -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%
ENOV C -0.18%
CHDN B -0.18%
UEC B -0.18%
AGCO D -0.18%
AL B -0.18%
CNH C -0.18%
BRKR D -0.18%
WAL B -0.19%
AIR B -0.19%
SRE A -0.2%
AESI B -0.21%
NOG B -0.21%
WTM A -0.21%
BANC B -0.22%
MTN C -0.22%
SUM B -0.22%
PSA C -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 B -0.25%
LW C -0.25%
KEY B -0.25%
BILL A -0.26%
AUR C -0.26%
AWK C -0.26%
FOUR A -0.27%
STNE F -0.27%
TEAM A -0.27%
MSCI C -0.27%
PTEN C -0.27%
MNST C -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%
LPLA A -0.34%
ZBRA B -0.34%
ABNB C -0.34%
INSP D -0.34%
FCNCA A -0.35%
AFRM A -0.35%
CACC D -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%
RBLX C -0.41%
DLTR F -0.41%
PINS F -0.41%
U C -0.41%
WBD B -0.43%
ALGM D -0.45%
DV C -0.45%
CGNX D -0.45%
MRNA F -0.47%
SMCI F -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%
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%
CLSE Underweight 295 Positions Relative to FTLS
Symbol Grade Weight
MSFT D -4.45%
SCHW B -2.26%
LOW C -2.16%
ACN B -2.11%
PM B -1.92%
FDX B -1.69%
PH A -1.64%
CME B -1.57%
MPC D -1.37%
USB A -1.35%
KMI A -1.23%
CL D -1.17%
BRK.A B -1.13%
CTAS B -1.09%
TRV B -1.05%
TFC A -1.02%
FIS C -1.0%
HPQ B -1.0%
HWM A -0.97%
LLY F -0.84%
SYY D -0.83%
FANG C -0.83%
PBR D -0.73%
JBL C -0.73%
TWLO A -0.72%
AFL B -0.7%
RL C -0.67%
EAT A -0.65%
CSL C -0.6%
PNR A -0.56%
INSM C -0.54%
VLTO C -0.49%
BJ A -0.47%
MAS D -0.46%
VRSN C -0.45%
OKTA C -0.45%
CROX D -0.44%
ZIM C -0.44%
FLEX B -0.44%
GL C -0.41%
NVS F -0.41%
VICI C -0.4%
SWK D -0.4%
CAG F -0.38%
DBX B -0.36%
CRS B -0.34%
SNA A -0.33%
TKO A -0.32%
WRB A -0.32%
TTC C -0.31%
AYI B -0.29%
CCK D -0.29%
ALLY C -0.29%
PI D -0.27%
ASO F -0.27%
SPYV A -0.26%
SCHV A -0.26%
IWD A -0.26%
EWBC A -0.25%
CNK C -0.24%
RPRX D -0.23%
AIZ A -0.22%
SAM C -0.21%
WHD B -0.21%
MGY A -0.2%
MSM C -0.2%
COLB B -0.19%
HRB D -0.19%
EXEL B -0.19%
THO B -0.18%
PNFP B -0.17%
ALKS C -0.17%
GLBE B -0.17%
ADMA B -0.17%
CALM A -0.16%
STNG F -0.16%
TWST F -0.16%
SFM A -0.16%
ORI A -0.15%
PRI B -0.15%
CRC A -0.15%
SKYW C -0.15%
AXS A -0.14%
CSWI B -0.13%
PAA B -0.13%
GMS B -0.13%
CBSH B -0.13%
CBT D -0.13%
LEG F -0.13%
LOGI D -0.13%
GFF A -0.13%
SIGI C -0.13%
SMPL B -0.12%
ZWS B -0.12%
VRNA B -0.12%
MTG C -0.12%
TCBI C -0.11%
AM A -0.11%
ENLC A -0.11%
HESM B -0.11%
OPCH D -0.11%
BFAM D -0.11%
WGO C -0.11%
TBBK B -0.1%
LOPE C -0.1%
THG A -0.1%
MMS F -0.1%
NSA C -0.1%
ESNT F -0.09%
KFY B -0.09%
PRGS A -0.09%
DBRG F -0.09%
CUBI B -0.09%
LCII C -0.09%
YOU D -0.09%
GRBK D -0.09%
EXTR C -0.09%
GBCI B -0.09%
LANC C -0.08%
UBSI B -0.08%
RDFN D -0.08%
TXG F -0.08%
EPR C -0.08%
KMPR A -0.08%
BOH B -0.08%
FOLD F -0.08%
RLI A -0.08%
PAYO A -0.08%
NMIH C -0.07%
BCRX D -0.07%
FHB B -0.07%
PBH A -0.07%
PLXS B -0.07%
WMB A -0.07%
REVG C -0.07%
AVNT B -0.07%
HAYW B -0.07%
AZZ A -0.07%
ICFI F -0.06%
ADUS D -0.06%
WFG C -0.06%
BRC D -0.06%
OTEX F -0.06%
PLMR A -0.06%
AUB B -0.06%
ROIC A -0.06%
SUPN C -0.06%
MQ D -0.06%
COLL F -0.05%
TRMD F -0.05%
GSL F -0.05%
AMPH F -0.05%
CDNA D -0.04%
MYGN F -0.04%
VSAT F --0.01%
VIST B --0.02%
CBU B --0.02%
AMRK F --0.02%
GPRE F --0.02%
RXST F --0.02%
DNB B --0.02%
HLN C --0.02%
KD B --0.02%
FRO D --0.02%
HON C --0.02%
LKFN C --0.02%
UWMC D --0.02%
WOLF F --0.02%
AER A --0.02%
IBOC B --0.02%
NVEE F --0.02%
EA A --0.02%
CVX A --0.02%
RUN F --0.02%
ENS F --0.02%
ARM F --0.02%
ASPN F --0.02%
UTZ D --0.03%
HHH B --0.03%
PAR A --0.03%
ICHR C --0.03%
CNNE B --0.03%
GKOS B --0.03%
BVN D --0.03%
BURL B --0.03%
SDGR C --0.03%
OSIS A --0.03%
NWSA A --0.03%
RDY F --0.03%
CLH C --0.03%
PSMT D --0.03%
ARLO C --0.03%
AMRC F --0.03%
AZTA D --0.03%
TMO F --0.03%
DIOD D --0.03%
SLGN A --0.03%
FAST B --0.03%
AMD F --0.03%
STZ D --0.04%
CTRA B --0.04%
ATEC C --0.04%
ERJ A --0.04%
AMAT F --0.04%
FFIN B --0.04%
TFIN B --0.04%
MARA B --0.04%
IRTC C --0.04%
CRDO B --0.04%
APPN B --0.04%
ENR B --0.04%
RCL A --0.04%
LMND B --0.05%
AEO F --0.05%
VRRM F --0.05%
UPST B --0.05%
LYFT C --0.05%
DLB B --0.06%
CDW F --0.06%
COP C --0.06%
TTD B --0.06%
ZD B --0.06%
MSA F --0.06%
VNT C --0.07%
KTOS B --0.07%
MMYT B --0.07%
MUFG B --0.07%
SSB B --0.07%
SE A --0.07%
AVY F --0.07%
HCA F --0.07%
MAT D --0.08%
NSIT F --0.08%
NXPI D --0.08%
TRMB B --0.09%
DY D --0.09%
STM F --0.1%
GPC D --0.1%
ING F --0.1%
HII F --0.11%
ARGX B --0.11%
HAE C --0.11%
KEYS A --0.12%
SLB C --0.12%
BKR A --0.13%
STE D --0.13%
ABT B --0.14%
PKG A --0.15%
TM F --0.15%
ASX D --0.15%
IPG D --0.16%
INFY C --0.16%
GSK F --0.16%
SYK B --0.17%
EFX F --0.19%
URI C --0.2%
GWRE A --0.2%
BWXT B --0.2%
FMX F --0.2%
HSBC A --0.21%
PCAR B --0.22%
DEO F --0.22%
CCEP C --0.23%
PANW B --0.25%
TYL B --0.25%
GEHC D --0.26%
SAP B --0.27%
OMC C --0.27%
BABA D --0.28%
MMM D --0.3%
WAT C --0.3%
UL D --0.3%
LMT D --0.32%
ISRG A --0.32%
MDLZ F --0.33%
NOW A --0.35%
CMI A --0.36%
ZBH C --0.36%
BK A --0.37%
HDB C --0.38%
UNH B --0.4%
MCD D --0.41%
ASML F --0.41%
MSI B --0.43%
XOM B --0.45%
WM B --0.47%
DE B --0.48%
GD D --0.52%
VRSK A --0.55%
PAYX B --0.57%
PEP F --0.57%
ETN A --0.58%
LIN C --0.59%
CMCSA B --0.65%
DIS B --0.73%
Compare ETFs