CLSE vs. NULV ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to NuShares ESG Large-Cap Value ETF (NULV)

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

$22.51

Average Daily Volume

49,544

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

NULV

NuShares ESG Large-Cap Value ETF

NULV Description

The Fund seeks to track the investments results, before fees and expenses, of the TIAA ESG USA Large-Cap Value Index.

Grade (RS Rating)

Last Trade

$41.39

Average Daily Volume

85,997

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	NULV
30 Days	5.51%	2.68%
60 Days	11.19%	9.64%
90 Days	4.00%	9.79%
12 Months	39.98%	28.73%

30 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in NULV	Overlap
AMGN	D	0.28%	1.87%	0.28%
BAC	B	0.8%	1.06%	0.8%
BG	F	0.69%	0.56%	0.56%
BMY	A	0.92%	0.08%	0.08%
C	B	-0.26%	1.65%	-0.26%
CAH	B	0.58%	1.09%	0.58%
CAT	A	0.36%	1.05%	0.36%
CNH	C	-0.2%	0.02%	-0.2%
GILD	A	0.91%	0.59%	0.59%
HD	A	1.22%	0.75%	0.75%
IBM	A	1.43%	2.17%	1.43%
INTC	D	-0.8%	1.77%	-0.8%
J	F	0.32%	0.79%	0.32%
JNJ	D	0.91%	1.75%	0.91%
KMB	D	0.16%	0.77%	0.16%
KR	C	0.16%	1.39%	0.16%
MET	A	0.56%	0.45%	0.45%
MRK	F	0.5%	1.76%	0.5%
NEM	C	0.52%	0.57%	0.52%
OKE	A	-0.17%	1.46%	-0.17%
ORCL	A	1.46%	2.58%	1.46%
PGR	B	0.47%	1.46%	0.47%
PNC	C	0.59%	1.55%	0.59%
PSA	C	-0.3%	0.2%	-0.3%
RF	B	0.59%	0.83%	0.59%
SBUX	B	-0.11%	1.34%	-0.11%
TFC	D	-0.19%	0.15%	-0.19%
TXN	C	-0.85%	2.01%	-0.85%
WDC	C	-0.8%	0.21%	-0.8%
WTRG	D	-0.16%	0.02%	-0.16%

CLSE Overweight 301 Positions Relative to NULV

Symbol	Grade	Weight
NVDA	B	3.84%
META	A	3.31%
GOOGL	B	3.08%
AVGO	B	2.7%
QCOM	D	2.56%
AMZN	C	2.37%
HPE	B	2.06%
AAPL	C	1.95%
WMT	A	1.94%
ANET	A	1.93%
CVNA	A	1.82%
NTAP	D	1.74%
CVLT	B	1.65%
APP	A	1.45%
GDDY	B	1.41%
DOCU	A	1.4%
GOOG	B	1.26%
IDCC	A	1.17%
ACIW	A	1.16%
PYPL	A	1.07%
MU	D	1.05%
ABBV	C	1.02%
MSFT	D	1.01%
T	B	1.01%
AMG	B	1.0%
SNEX	B	1.0%
JHG	A	0.97%
NTNX	C	0.95%
AVT	B	0.95%
SYF	A	0.94%
HALO	D	0.94%
NTRS	B	0.89%
THC	D	0.86%
EME	B	0.86%
DVA	C	0.83%
AMRX	B	0.83%
OGN	F	0.83%
MLI	B	0.78%
UHS	D	0.78%
VLO	F	0.77%
SEIC	B	0.77%
PPC	C	0.77%
MO	D	0.76%
BFH	D	0.74%
TSLA	C	0.74%
FTDR	B	0.73%
JXN	A	0.71%
PG	D	0.7%
CNC	F	0.7%
NRG	A	0.69%
COR	F	0.68%
IIPR	C	0.67%
CHRW	C	0.67%
ADMA	A	0.67%
IESC	A	0.66%
GVA	A	0.65%
LNG	A	0.65%
UMBF	C	0.63%
FITB	C	0.61%
PATK	A	0.61%
XOM	A	0.59%
JPM	C	0.59%
MWA	A	0.58%
WFC	B	0.58%
SLVM	C	0.58%
UNP	F	0.57%
MTZ	A	0.57%
VST	A	0.56%
PRIM	A	0.56%
MATX	C	0.56%
DVN	F	0.55%
REZI	D	0.55%
AVA	D	0.55%
RTX	A	0.54%
NEE	C	0.54%
LMT	A	0.54%
TSN	D	0.53%
STRL	B	0.52%
OSCR	C	0.52%
RGA	B	0.52%
GM	D	0.51%
EXPE	B	0.5%
PNW	C	0.48%
CNA	D	0.47%
ATGE	D	0.47%
KLAC	B	0.47%
MDT	C	0.46%
LNTH	C	0.46%
LDOS	A	0.45%
CVX	B	0.45%
EXP	C	0.44%
MPC	D	0.44%
CACI	A	0.44%
SCCO	B	0.44%
VRT	B	0.42%
EQR	C	0.41%
RGLD	C	0.41%
SPG	A	0.4%
ACT	B	0.39%
CFG	C	0.39%
EEFT	F	0.39%
FCX	B	0.38%
MUSA	D	0.38%
LAMR	C	0.36%
ALSN	A	0.35%
CTRE	C	0.35%
NSA	D	0.35%
IBP	C	0.34%
TOL	C	0.34%
KBH	D	0.32%
STAG	D	0.32%
ABM	D	0.32%
NFLX	A	0.31%
SM	D	0.31%
NVR	C	0.31%
BCO	C	0.31%
GLW	C	0.28%
OUT	C	0.27%
BKNG	B	0.26%
ALNY	C	0.25%
CCL	C	0.25%
JLL	C	0.25%
ASPN	C	0.25%
ANF	D	0.24%
CVS	D	0.19%
CPNG	C	0.18%
NTRA	A	0.15%
SPOT	C	0.14%
GRMN	D	0.09%
QQQ	B	0.0%
ADUS	D	0.0%
MHO	C	0.0%
VTRS	D	0.0%
KNF	B	0.0%
MRO	B	0.0%
HRB	C	0.0%
JOBY	C	-0.04%
CAR	D	-0.06%
PENN	D	-0.07%
PGNY	F	-0.08%
AES	C	-0.08%
MCW	F	-0.09%
CZR	B	-0.09%
BRKR	D	-0.09%
MASI	B	-0.09%
NXST	D	-0.09%
AGL	F	-0.1%
DRVN	C	-0.1%
VAC	D	-0.1%
LGIH	C	-0.1%
HGV	F	-0.1%
AWR	B	-0.1%
VMC	D	-0.11%
HHH	C	-0.11%
ACVA	C	-0.11%
SJM	D	-0.12%
ALIT	D	-0.12%
JBLU	B	-0.13%
RBLX	D	-0.13%
PCH	C	-0.14%
PPBI	D	-0.14%
MTN	D	-0.14%
EXR	D	-0.15%
MKL	B	-0.15%
KRG	C	-0.15%
COLD	D	-0.15%
DAY	C	-0.15%
AA	B	-0.15%
BIRK	F	-0.15%
PYCR	D	-0.15%
WAL	C	-0.16%
THO	C	-0.16%
WY	C	-0.16%
CC	D	-0.16%
CHDN	C	-0.16%
OSK	F	-0.17%
AESI	B	-0.17%
ENOV	F	-0.17%
UHAL	C	-0.17%
ALGM	F	-0.17%
BEAM	F	-0.17%
KNSL	B	-0.18%
LUV	B	-0.18%
CHK	C	-0.18%
NTLA	F	-0.18%
TXG	F	-0.18%
VNO	B	-0.18%
HI	F	-0.18%
CINF	A	-0.19%
TTD	A	-0.19%
AJG	C	-0.19%
PNFP	B	-0.19%
LKQ	F	-0.19%
XPO	F	-0.19%
CGON	C	-0.19%
CACC	F	-0.2%
ELF	F	-0.2%
SOFI	C	-0.2%
BE	F	-0.2%
AVAV	B	-0.2%
APD	C	-0.2%
GTLS	D	-0.2%
KROS	C	-0.2%
GATX	F	-0.2%
BANC	D	-0.2%
GPOR	B	-0.21%
COLB	C	-0.21%
EW	F	-0.21%
IRTC	F	-0.21%
MSCI	B	-0.21%
AGCO	D	-0.21%
TREX	D	-0.21%
AIR	C	-0.21%
FLYW	F	-0.22%
WOLF	F	-0.22%
COTY	F	-0.22%
RBA	D	-0.22%
XYL	C	-0.22%
FCNCA	D	-0.22%
WTM	C	-0.22%
UEC	C	-0.22%
ARWR	F	-0.22%
DXCM	F	-0.23%
KLIC	D	-0.23%
EL	D	-0.23%
SW	C	-0.24%
RNR	A	-0.24%
SUM	F	-0.24%
BIO	B	-0.24%
AEIS	B	-0.25%
CNX	A	-0.26%
AL	D	-0.26%
HSY	D	-0.26%
EQT	C	-0.27%
SITE	D	-0.27%
ALB	D	-0.27%
PEN	D	-0.27%
ROIV	D	-0.27%
GMED	B	-0.28%
LW	D	-0.28%
D	A	-0.29%
CELH	F	-0.29%
GE	B	-0.29%
MRNA	F	-0.3%
NEOG	F	-0.3%
PTEN	F	-0.3%
GT	F	-0.3%
APLS	F	-0.31%
SRE	C	-0.31%
MNST	D	-0.31%
VVV	D	-0.31%
ENPH	F	-0.32%
EVTC	D	-0.32%
INSP	C	-0.32%
AUR	C	-0.34%
FDS	C	-0.34%
MKTX	B	-0.34%
ON	F	-0.34%
MARA	F	-0.34%
NDAQ	C	-0.35%
AFRM	C	-0.35%
BRZE	F	-0.36%
APO	A	-0.36%
LPLA	D	-0.37%
BA	F	-0.37%
FOUR	A	-0.37%
EXAS	C	-0.38%
LYV	A	-0.38%
RIVN	F	-0.38%
ADBE	F	-0.39%
ZBRA	B	-0.39%
RIOT	F	-0.39%
PATH	D	-0.4%
CYTK	D	-0.41%
WBD	F	-0.42%
SATS	C	-0.43%
BBIO	F	-0.43%
ZI	F	-0.44%
MDB	D	-0.44%
GLOB	D	-0.45%
DLTR	F	-0.45%
CGNX	F	-0.45%
CCOI	B	-0.45%
DV	F	-0.46%
CASY	D	-0.47%
TTWO	D	-0.47%
BILL	D	-0.48%
LBRDK	C	-0.48%
PINS	D	-0.49%
CFLT	F	-0.51%
MCHP	F	-0.52%
FIVE	D	-0.52%
FIVN	F	-0.53%
U	D	-0.53%
RH	C	-0.54%
POOL	D	-0.56%
DELL	C	-0.6%
FND	C	-0.64%
GFS	F	-0.67%
LITE	A	-0.79%
LSCC	D	-0.81%

CLSE Underweight 72 Positions Relative to NULV

Symbol	Grade	Weight
KO	C	-2.43%
VZ	C	-2.08%
DIS	D	-1.99%
PEP	F	-1.98%
DHR	D	-1.96%
LOW	C	-1.87%
ADI	B	-1.71%
DE	C	-1.7%
FI	A	-1.69%
CI	D	-1.61%
WELL	C	-1.61%
HCA	C	-1.6%
MMM	C	-1.56%
BK	A	-1.52%
MMC	D	-1.48%
GS	B	-1.44%
AMT	D	-1.44%
EXC	C	-1.44%
TRV	B	-1.42%
BKR	B	-1.41%
NXPI	F	-1.4%
ED	C	-1.38%
CSCO	A	-1.36%
ECL	C	-1.33%
ADP	A	-1.23%
ADM	F	-1.21%
MS	A	-1.21%
AXP	A	-1.17%
FTV	C	-1.14%
FSLR	C	-1.06%
FDX	F	-1.03%
LYB	B	-1.02%
ES	D	-0.97%
UPS	D	-0.94%
A	B	-0.88%
CBOE	B	-0.87%
FIS	A	-0.78%
KDP	C	-0.78%
CHD	D	-0.68%
IR	A	-0.67%
URI	C	-0.67%
BR	B	-0.66%
WTW	C	-0.64%
PPG	D	-0.6%
JCI	C	-0.58%
HPQ	B	-0.57%
STLD	C	-0.5%
PHM	C	-0.47%
EQIX	C	-0.41%
HIG	A	-0.41%
QRVO	F	-0.4%
SOLV	C	-0.4%
HOLX	D	-0.39%
ATO	A	-0.39%
MOS	F	-0.35%
OC	C	-0.32%
CNP	B	-0.31%
DINO	F	-0.3%
SPGI	C	-0.29%
HOOD	B	-0.26%
IPG	D	-0.25%
SYY	D	-0.17%
TGT	C	-0.17%
ETN	B	-0.12%
BALL	C	-0.11%
IRM	B	-0.1%
ZBH	F	-0.09%
PRU	B	-0.08%
REGN	D	-0.05%
AWK	D	-0.04%
ACN	B	-0.03%
STE	D	-0.02%