CLSE vs. OPTZ ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Optimize Strategy Index ETF (OPTZ)
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

$23.64

Average Daily Volume

65,624

Number of Holdings *

337

* may have additional holdings in another (foreign) market
OPTZ

Optimize Strategy Index ETF

OPTZ Description OPTZ seeks to track a broad market index consisting of US-listed equities that meet certain market-cap threshold and liquidity requirements. To be included in the fund, eligible large-cap and small-cap companies are evaluated and ranked within their own sector. Large cap companies are ranked based on the ratio of current EPS over the trailing 10-year average EPS, the current P/E ratio, and the 2-year forward EPS growth estimate. Small-cap companies are ranked solely on their P/S ratio. Within these two groups, the top 20% are selected from each sector. The index weights the sectors using the sum of the market capitalization of all constituents in each sector and within each sector each constituent is equally weighted. Reconstitution and rebalancing are done semi-annually.

Grade (RS Rating)

Last Trade

$31.05

Average Daily Volume

6,418

Number of Holdings *

321

* may have additional holdings in another (foreign) market
Performance
Period CLSE OPTZ
30 Days 4.18% 5.82%
60 Days 7.10% 8.59%
90 Days 9.38% 9.87%
12 Months 39.93%
80 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in OPTZ Overlap
AAPL C 0.83% 1.06% 0.83%
AES F -0.08% 0.04% -0.08%
AGO B -0.16% 0.23% -0.16%
ALL A 0.45% 0.21% 0.21%
AMZN C 2.53% 0.38% 0.38%
ANET C 1.83% 1.24% 1.24%
APA D 0.25% 0.05% 0.05%
APD A -0.15% 0.18% -0.15%
APO B -0.35% 0.31% -0.35%
APP B 2.25% 2.03% 2.03%
APTV F -0.32% 0.25% -0.32%
ATO A -0.1% 0.06% -0.1%
BA F -0.4% 0.11% -0.4%
BAH F 0.18% 1.02% 0.18%
BFH C 0.88% 0.21% 0.21%
BHF C -0.16% 0.24% -0.16%
BLK B 0.65% 0.24% 0.24%
CAH B 0.86% 0.14% 0.14%
CDNS B -0.46% 1.21% -0.46%
CHDN B -0.18% 0.32% -0.18%
CINF A 0.12% 0.23% 0.12%
COOP B -0.07% 0.22% -0.07%
COR B 0.86% 0.14% 0.14%
CVNA B 1.85% 0.55% 0.55%
CVS D 0.29% 0.26% 0.26%
DELL B -0.25% 1.29% -0.25%
DLR B -0.13% 0.11% -0.13%
DOCU B 1.37% 0.16% 0.16%
DVA C 0.78% 0.14% 0.14%
EME A 0.75% 0.18% 0.18%
EQIX A -0.14% 0.1% -0.14%
ESTC C -0.29% 0.15% -0.29%
EXP B 0.48% 0.18% 0.18%
FFIV B 0.6% 1.25% 0.6%
FIVE F -0.56% 0.34% -0.56%
FSLR F -1.26% 0.96% -1.26%
FTI A 0.74% 0.06% 0.06%
GDDY A 1.42% 1.27% 1.27%
GRMN B 0.37% 0.37% 0.37%
GTLS A -0.15% 0.18% -0.15%
HQY A 0.07% 0.17% 0.07%
IDCC B 1.51% 0.78% 0.78%
INCY C 0.07% 0.16% 0.07%
INTC C -0.93% 1.31% -0.93%
JAZZ B 0.16% 0.15% 0.15%
JBLU F -0.09% 0.17% -0.09%
LAMR C 0.31% 0.09% 0.09%
LNTH D 0.0% 0.1% 0.0%
LPX B 0.43% 0.18% 0.18%
META D 3.3% 0.65% 0.65%
MKTX D -0.29% 0.2% -0.29%
MLM C -0.13% 0.17% -0.13%
MSCI C -0.27% 0.21% -0.27%
NFLX A 0.79% 0.73% 0.73%
NRG B 0.71% 0.06% 0.06%
NVDA B 4.61% 1.44% 1.44%
OSK C -0.16% 0.13% -0.16%
PGR A 0.46% 0.21% 0.21%
PRIM A 0.8% 0.08% 0.08%
PRU A 0.13% 0.23% 0.13%
REXR F -0.14% 0.08% -0.14%
RNR C -0.15% 0.2% -0.15%
ROP B -0.7% 1.0% -0.7%
SAIA B -0.22% 0.15% -0.22%
SNPS B -0.44% 1.16% -0.44%
SPG A 0.37% 0.1% 0.1%
STRL A 0.71% 0.2% 0.2%
T A 0.29% 0.64% 0.29%
THC D 0.78% 0.14% 0.14%
TMUS B 0.7% 0.72% 0.7%
TSLA B 1.22% 0.49% 0.49%
UHS D 0.7% 0.11% 0.11%
UTHR C 0.73% 0.14% 0.14%
VAL F -0.27% 0.05% -0.27%
VMC B -0.13% 0.18% -0.13%
VRT B 0.68% 0.21% 0.21%
VRTX D 0.23% 0.13% 0.13%
WST C -0.59% 0.14% -0.59%
XPO B -0.16% 0.18% -0.16%
XYL D -0.23% 0.12% -0.23%
CLSE Overweight 257 Positions Relative to OPTZ
Symbol Grade Weight
GOOGL C 3.47%
AVGO D 2.28%
MU D 2.13%
HPE B 1.92%
WMT A 1.82%
QCOM F 1.73%
CVLT B 1.4%
PYPL B 1.33%
ORCL A 1.33%
ACIW B 1.3%
JHG B 1.21%
NTNX B 1.16%
HD B 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 A 0.97%
SEIC B 0.95%
HALO F 0.9%
AMRX C 0.9%
GM C 0.87%
PPC C 0.85%
GVA A 0.84%
MLI B 0.84%
CARG B 0.83%
JNJ C 0.83%
BAC A 0.81%
MO A 0.79%
FITB B 0.78%
IESC C 0.77%
CPNG D 0.77%
WFC A 0.75%
CNX A 0.74%
PNC B 0.72%
ABBV F 0.72%
RF A 0.72%
ZION B 0.71%
CMA B 0.71%
CEIX A 0.7%
GEN 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%
JPM A 0.64%
CHRW B 0.61%
EXPE B 0.61%
TSN B 0.6%
FTDR B 0.58%
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%
GOOG C 0.49%
UI B 0.49%
CACI D 0.48%
PNW A 0.48%
AVA A 0.47%
UNP C 0.47%
DUOL A 0.45%
PG C 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%
R B 0.38%
CNA C 0.37%
CF A 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%
J D 0.31%
MPWR F 0.3%
VLO C 0.29%
MDT D 0.29%
IIPR D 0.28%
NVR D 0.24%
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 B 0.2%
ABM B 0.19%
KR B 0.17%
NTRA A 0.17%
BOX B 0.17%
FOXA A 0.14%
EXPD C 0.14%
FN C 0.13%
VCTR B 0.12%
VCYT B 0.12%
CDE C 0.11%
ILMN C 0.1%
AEIS C 0.07%
QQQ B 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%
RYN D -0.07%
CCS D -0.07%
BC C -0.08%
JOE F -0.08%
FLYW B -0.08%
GNTX C -0.09%
NSC B -0.1%
MCW C -0.1%
ABG C -0.1%
ACVA B -0.11%
ENPH F -0.11%
CGON F -0.11%
EL F -0.12%
RBA A -0.12%
FL F -0.12%
PCH F -0.12%
EXR C -0.13%
STLD B -0.13%
AVAV C -0.13%
ALIT C -0.13%
BPOP C -0.14%
PYCR B -0.14%
DAY B -0.14%
ARWR D -0.14%
MKL A -0.14%
AA A -0.14%
CZR F -0.15%
COLD D -0.15%
CRL D -0.15%
DRVN B -0.15%
NARI C -0.16%
FIVN 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%
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%
KRG B -0.17%
ENOV C -0.18%
UEC B -0.18%
EBC B -0.18%
AGCO D -0.18%
COTY F -0.18%
AL B -0.18%
CNH C -0.18%
BRKR D -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 B -0.21%
WTM A -0.21%
PRCT B -0.22%
BANC B -0.22%
MTN C -0.22%
SUM B -0.22%
EQT B -0.23%
PSA C -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%
LW C -0.25%
KEY B -0.25%
BILL A -0.26%
NEOG F -0.26%
AUR C -0.26%
AWK C -0.26%
FOUR A -0.27%
STNE F -0.27%
TEAM A -0.27%
PTEN C -0.27%
MNST C -0.28%
SOFI B -0.28%
MDB B -0.29%
XP F -0.29%
CYTK F -0.3%
LYV A -0.3%
NDAQ A -0.3%
APLS F -0.3%
GTLB B -0.32%
VVV D -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%
AFRM A -0.35%
CACC D -0.36%
COHR B -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%
RIVN F -0.42%
TTWO A -0.43%
WBD B -0.43%
ALGM D -0.45%
DV C -0.45%
CGNX D -0.45%
GE D -0.46%
MRNA F -0.47%
SMCI F -0.47%
RH C -0.47%
CFLT B -0.47%
CHTR C -0.48%
CSCO B -0.52%
FND D -0.53%
BRZE C -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%
TXN C -0.81%
CLSE Underweight 241 Positions Relative to OPTZ
Symbol Grade Weight
CRWD B -1.37%
CRM B -1.37%
TTMI C -1.36%
NOW A -1.27%
QLYS B -1.22%
BHE C -1.2%
ITRI C -1.19%
MSI B -1.18%
WIX A -1.15%
INFN D -1.11%
VZIO A -1.04%
AMD F -1.03%
VRSN C -1.03%
IBM C -1.02%
AMAT F -1.0%
DJT C -0.93%
LUMN C -0.83%
CRUS D -0.8%
ACLS F -0.78%
DIS B -0.77%
RNG C -0.72%
ZM C -0.71%
EA A -0.66%
CMCSA B -0.64%
EAT A -0.55%
AMC C -0.54%
NPAB F -0.52%
WWW A -0.48%
NCLH B -0.48%
RCL A -0.47%
COIN C -0.42%
HBI B -0.42%
WOOF D -0.42%
UNFI A -0.41%
RL C -0.39%
LULU C -0.39%
SIG B -0.39%
MAR A -0.39%
DECK A -0.39%
LVS B -0.38%
WHR B -0.37%
ANF F -0.36%
SBH C -0.36%
WYNN C -0.36%
BZH C -0.35%
LOW C -0.35%
PCT C -0.34%
DPZ C -0.34%
PVH C -0.34%
ORLY B -0.34%
ALV C -0.33%
BURL B -0.33%
TAP C -0.32%
MCD D -0.32%
YETI D -0.31%
ENR B -0.31%
ETSY D -0.3%
CHD A -0.3%
ULTA F -0.3%
ROST D -0.29%
DKS D -0.29%
GPC D -0.29%
COST A -0.29%
LC A -0.28%
LEA F -0.28%
TGT F -0.28%
LNW F -0.28%
DOLE D -0.27%
SQ A -0.27%
MELI C -0.27%
WBA F -0.27%
STZ D -0.27%
ODP F -0.27%
AX B -0.26%
DAN D -0.26%
PEP F -0.26%
CL D -0.25%
GS A -0.25%
KKR A -0.25%
FI A -0.25%
AMP A -0.25%
CAL F -0.25%
BG D -0.25%
TROW B -0.24%
ARES A -0.24%
AXP A -0.24%
CROX D -0.24%
EWTX C -0.23%
AIZ A -0.23%
CPAY A -0.23%
PRG C -0.22%
SIGI C -0.22%
GPN B -0.22%
WTW B -0.22%
LBPH A -0.22%
BR A -0.22%
V A -0.22%
TRV B -0.22%
NATL B -0.21%
GL C -0.21%
AXON A -0.21%
AER A -0.21%
BRO B -0.21%
LDI C -0.2%
ICE C -0.2%
CME B -0.2%
SPGI C -0.2%
HIG B -0.2%
CRS B -0.2%
MCO B -0.2%
GATO C -0.2%
ZIM C -0.2%
NAVI F -0.19%
ACGL C -0.19%
DAL B -0.19%
PMT C -0.19%
CBOE C -0.19%
CB C -0.19%
FIX A -0.18%
PAYC B -0.18%
SKYW C -0.18%
AVNT B -0.17%
HASI D -0.17%
PEN B -0.16%
EMN C -0.16%
SHW B -0.16%
PCTY C -0.16%
PWR A -0.16%
AIT B -0.16%
ACHR B -0.16%
VERA C -0.16%
GNRC C -0.16%
HON C -0.15%
ECL D -0.15%
HUBB B -0.15%
GFF A -0.15%
ISRG A -0.15%
TT A -0.15%
ETN A -0.15%
PCAR B -0.15%
PEGA B -0.15%
WAB B -0.15%
PH A -0.15%
URI C -0.15%
TPC C -0.15%
PODD C -0.15%
CLOV D -0.15%
PNR A -0.15%
PHIN A -0.14%
STGW A -0.14%
ZBH C -0.14%
MRC B -0.14%
DGX A -0.14%
LECO C -0.14%
LIVN F -0.14%
AKRO B -0.14%
REVG C -0.14%
LIN C -0.14%
SYK B -0.14%
CAT B -0.14%
UNH B -0.13%
WDAY B -0.13%
BV C -0.13%
VRSK A -0.13%
ALGN D -0.13%
FDX B -0.13%
NBIX C -0.13%
SAVA C -0.13%
PBI B -0.13%
WWD C -0.13%
ASH F -0.13%
MANH D -0.13%
AHCO F -0.12%
SHC F -0.12%
AOS F -0.12%
KRYS C -0.12%
MOH F -0.12%
RPRX D -0.12%
STE D -0.12%
RSG A -0.12%
ETNB C -0.12%
DAWN D -0.12%
IQV F -0.11%
EFX F -0.11%
COGT D -0.11%
SRPT F -0.11%
BAX F -0.11%
SNDX F -0.11%
KURA F -0.11%
VNO C -0.11%
ADBE C -0.11%
TMO F -0.11%
IDXX F -0.11%
DYN F -0.11%
UNIT B -0.1%
RHP B -0.1%
CGEM F -0.1%
WELL A -0.1%
EXPI D -0.1%
CBRE B -0.1%
OMI F -0.1%
HII F -0.09%
CPT B -0.09%
PEB D -0.09%
NEXT C -0.09%
ELS C -0.09%
PK C -0.09%
CE F -0.09%
WY F -0.09%
SBRA C -0.09%
OGN F -0.09%
NMRK C -0.09%
NVRI D -0.08%
RDFN D -0.08%
SBAC D -0.08%
EGP D -0.08%
TDW F -0.08%
ICLR D -0.08%
CEG C -0.07%
KNTK A -0.07%
BKR A -0.07%
WMB A -0.07%
BKD F -0.07%
AMT C -0.07%
TRGP A -0.07%
DTM A -0.07%
WKC C -0.06%
ETR B -0.06%
SLB C -0.06%
OII B -0.06%
WHD B -0.06%
SANA F -0.06%
EIX B -0.05%
DUK C -0.05%
DTE C -0.05%
SO C -0.05%
WFRD D -0.05%
DK C -0.05%
SWX B -0.05%
NFE D -0.04%
HE C -0.04%
Compare ETFs