CLSE vs. PAVE ETF Comparison
Comparison of Convergence Long/Short Equity ETF (CLSE) to Global X U.S. Infrastructure Development ETF (PAVE)
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
PAVE
Global X U.S. Infrastructure Development ETF
PAVE Description
The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.Grade (RS Rating)
Last Trade
$44.81
Average Daily Volume
1,102,285
Number of Holdings
*
98
* may have additional holdings in another (foreign) market
Performance
| Period | CLSE | PAVE |
|---|---|---|
| 30 Days | 4.18% | 7.33% |
| 60 Days | 7.10% | 10.70% |
| 90 Days | 9.38% | 14.19% |
| 12 Months | 39.93% | 44.15% |
19 Overlapping Holdings
| Symbol | Grade | Weight in CLSE | Weight in PAVE | Overlap | |
|---|---|---|---|---|---|
| AA | A | -0.14% | 0.51% | -0.14% | |
| EME | A | 0.75% | 1.63% | 0.75% | |
| EXP | B | 0.48% | 0.74% | 0.48% | |
| GVA | A | 0.84% | 0.49% | 0.49% | |
| J | D | 0.31% | 1.24% | 0.31% | |
| LPX | B | 0.43% | 0.56% | 0.43% | |
| MLI | B | 0.84% | 0.71% | 0.71% | |
| MLM | C | -0.13% | 2.73% | -0.13% | |
| MTZ | B | 0.66% | 0.75% | 0.66% | |
| MWA | B | 0.65% | 0.4% | 0.4% | |
| NSC | B | -0.1% | 2.54% | -0.1% | |
| PRIM | A | 0.8% | 0.56% | 0.56% | |
| SRE | A | -0.2% | 2.93% | -0.2% | |
| STLD | B | -0.13% | 1.55% | -0.13% | |
| STRL | A | 0.71% | 0.59% | 0.59% | |
| SUM | B | -0.22% | 0.4% | -0.22% | |
| TEX | F | -0.17% | 0.25% | -0.17% | |
| UNP | C | 0.47% | 2.25% | 0.47% | |
| VMC | B | -0.13% | 2.62% | -0.13% |
CLSE Overweight 318 Positions Relative to PAVE
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | 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 | B | 1.51% | |
| GDDY | A | 1.42% | |
| CVLT | B | 1.4% | |
| DOCU | B | 1.37% | |
| PYPL | B | 1.33% | |
| ORCL | A | 1.33% | |
| ACIW | B | 1.3% | |
| TSLA | B | 1.22% | |
| 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% | |
| BFH | C | 0.88% | |
| GM | C | 0.87% | |
| COR | B | 0.86% | |
| CAH | B | 0.86% | |
| PPC | C | 0.85% | |
| CARG | B | 0.83% | |
| AAPL | C | 0.83% | |
| JNJ | C | 0.83% | |
| BAC | A | 0.81% | |
| MO | A | 0.79% | |
| NFLX | A | 0.79% | |
| THC | D | 0.78% | |
| FITB | B | 0.78% | |
| DVA | C | 0.78% | |
| IESC | C | 0.77% | |
| CPNG | D | 0.77% | |
| WFC | A | 0.75% | |
| CNX | A | 0.74% | |
| FTI | A | 0.74% | |
| UTHR | C | 0.73% | |
| PNC | B | 0.72% | |
| ABBV | F | 0.72% | |
| RF | A | 0.72% | |
| ZION | B | 0.71% | |
| CMA | B | 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% | |
| AVT | C | 0.66% | |
| BLK | B | 0.65% | |
| JPM | A | 0.64% | |
| CHRW | B | 0.61% | |
| EXPE | B | 0.61% | |
| TSN | B | 0.6% | |
| FFIV | 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% | |
| PGR | A | 0.46% | |
| DUOL | A | 0.45% | |
| PG | C | 0.45% | |
| ALL | 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% | |
| R | B | 0.38% | |
| SPG | A | 0.37% | |
| CNA | C | 0.37% | |
| CF | A | 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% | |
| MPWR | F | 0.3% | |
| CVS | D | 0.29% | |
| VLO | C | 0.29% | |
| T | A | 0.29% | |
| MDT | D | 0.29% | |
| IIPR | D | 0.28% | |
| APA | D | 0.25% | |
| NVR | D | 0.24% | |
| VRTX | D | 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 | B | 0.2% | |
| ABM | B | 0.19% | |
| BAH | F | 0.18% | |
| KR | B | 0.17% | |
| NTRA | A | 0.17% | |
| BOX | B | 0.17% | |
| JAZZ | B | 0.16% | |
| FOXA | A | 0.14% | |
| EXPD | C | 0.14% | |
| FN | C | 0.13% | |
| PRU | A | 0.13% | |
| VCTR | B | 0.12% | |
| VCYT | B | 0.12% | |
| CINF | A | 0.12% | |
| CDE | C | 0.11% | |
| ILMN | C | 0.1% | |
| AEIS | C | 0.07% | |
| INCY | C | 0.07% | |
| HQY | A | 0.07% | |
| QQQ | B | 0.0% | |
| LNTH | D | 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% | |
| 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% | |
| 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% | |
| DLR | B | -0.13% | |
| EXR | C | -0.13% | |
| AVAV | C | -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% | |
| EQIX | A | -0.14% | |
| CZR | F | -0.15% | |
| COLD | D | -0.15% | |
| APD | A | -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% | |
| OSK | C | -0.16% | |
| LGIH | F | -0.16% | |
| DAR | C | -0.16% | |
| ALB | B | -0.16% | |
| UHAL | D | -0.16% | |
| AGO | B | -0.16% | |
| EW | C | -0.16% | |
| SITE | F | -0.16% | |
| SW | A | -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% | |
| CHDN | B | -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% | |
| 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% | |
| SAIA | B | -0.22% | |
| EQT | B | -0.23% | |
| 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% | |
| NEOG | F | -0.26% | |
| AUR | C | -0.26% | |
| AWK | C | -0.26% | |
| VAL | F | -0.27% | |
| FOUR | A | -0.27% | |
| STNE | F | -0.27% | |
| TEAM | A | -0.27% | |
| MSCI | C | -0.27% | |
| PTEN | C | -0.27% | |
| MNST | C | -0.28% | |
| SOFI | B | -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% | |
| 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% | |
| APO | B | -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% | |
| BA | F | -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% | |
| SNPS | B | -0.44% | |
| ALGM | D | -0.45% | |
| DV | C | -0.45% | |
| CGNX | D | -0.45% | |
| GE | D | -0.46% | |
| CDNS | B | -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% | |
| FIVE | F | -0.56% | |
| NWS | A | -0.57% | |
| WST | C | -0.59% | |
| 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% | |
| TXN | C | -0.81% | |
| INTC | C | -0.93% | |
| FSLR | F | -1.26% |
CLSE Underweight 79 Positions Relative to PAVE
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | A | -3.76% | |
| PH | A | -3.45% | |
| ETN | A | -3.45% | |
| URI | C | -3.41% | |
| PWR | A | -3.28% | |
| HWM | A | -3.25% | |
| EMR | B | -3.13% | |
| FAST | B | -2.74% | |
| CSX | C | -2.37% | |
| DE | B | -2.36% | |
| ROK | C | -2.19% | |
| NUE | C | -1.98% | |
| FTV | C | -1.85% | |
| HUBB | B | -1.64% | |
| BLDR | D | -1.56% | |
| CSL | C | -1.53% | |
| RS | B | -1.24% | |
| PNR | A | -1.22% | |
| RPM | A | -1.22% | |
| TRMB | B | -1.22% | |
| IEX | C | -1.21% | |
| WLK | D | -1.13% | |
| GGG | B | -1.05% | |
| ACM | B | -1.02% | |
| POWL | C | -0.89% | |
| LECO | C | -0.83% | |
| RRX | B | -0.8% | |
| BLD | D | -0.8% | |
| AGX | B | -0.79% | |
| TTEK | F | -0.76% | |
| TPC | C | -0.75% | |
| WCC | B | -0.74% | |
| WWD | C | -0.72% | |
| AYI | B | -0.71% | |
| WMS | F | -0.71% | |
| USLM | A | -0.71% | |
| CR | A | -0.69% | |
| RBC | A | -0.64% | |
| CRS | B | -0.59% | |
| X | B | -0.56% | |
| ATI | C | -0.5% | |
| DXPE | C | -0.5% | |
| ROAD | B | -0.49% | |
| VMI | B | -0.49% | |
| CMC | B | -0.48% | |
| ZWS | B | -0.47% | |
| BMI | B | -0.45% | |
| CSWI | B | -0.44% | |
| HRI | C | -0.43% | |
| NWPX | A | -0.43% | |
| CENX | B | -0.43% | |
| CLF | F | -0.4% | |
| DY | D | -0.38% | |
| KNF | B | -0.37% | |
| EXPO | D | -0.35% | |
| ACA | A | -0.35% | |
| GBX | A | -0.34% | |
| TRN | B | -0.34% | |
| DNOW | B | -0.34% | |
| MRC | B | -0.3% | |
| MTX | B | -0.29% | |
| GRC | A | -0.29% | |
| HAYN | A | -0.27% | |
| HEES | C | -0.27% | |
| ASTE | C | -0.25% | |
| MYRG | B | -0.25% | |
| MDU | D | -0.25% | |
| MTRN | C | -0.23% | |
| CMCO | C | -0.23% | |
| ATKR | D | -0.23% | |
| CXT | C | -0.22% | |
| IIIN | C | -0.21% | |
| ROCK | C | -0.21% | |
| WNC | C | -0.18% | |
| CTOS | B | -0.18% | |
| RYI | C | -0.17% | |
| MTUS | C | -0.17% | |
| CALX | D | -0.16% | |
| TITN | C | -0.13% |
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Banks - Regional - US
Semiconductors
Asset Management
Diagnostics & Research
Engineering & Construction
Software - Infrastructure
Insurance - Property & Casualty
Building Materials
Internet Content & Information
Business Services
Capital Markets
Communication Equipment
Credit Services
Diversified Industrials
Information Technology Services
Leisure
Medical Devices
Oil & Gas E&P
PAVE: Top Represented Industries & Keywords
Industries:
Diversified Industrials
Engineering & Construction
Building Materials
Metal Fabrication
Steel
Railroads
Farm & Construction Equipment
Industrial Distribution
Specialty Industrial Machinery
Rental & Leasing Services
Scientific & Technical Instruments
Aluminum
Conglomerates
Electronic Components
Industrial Metals & Minerals
Oil & Gas Equipment & Services
Specialty Chemicals
Tools & Accessories
Aerospace & Defense
Business Services
Compare ETFs
