CLSE vs. QVMM ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM)
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

$21.68

Average Daily Volume

54,531

Number of Holdings *

326

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

Invesco S&P MidCap 400 QVM Multi-factor ETF

QVMM Description The investment seeks to track the investment results of the S&P MidCap 400 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P MidCap 400 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.50

Average Daily Volume

3,061

Number of Holdings *

352

* may have additional holdings in another (foreign) market
Performance
Period CLSE QVMM
30 Days 0.37% 1.48%
60 Days 3.39% 2.12%
90 Days 0.46% 5.39%
12 Months 34.65% 21.73%
57 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in QVMM Overlap
AA D -0.12% 0.25% -0.12%
AGCO D -0.24% 0.23% -0.24%
AMG C 0.98% 0.24% 0.24%
AVT D 0.88% 0.18% 0.18%
BC C -0.13% 0.23% -0.13%
BCO B 0.36% 0.2% 0.2%
CELH F -0.28% 0.26% -0.28%
CG C -0.15% 0.36% -0.15%
CGNX D -0.43% 0.27% -0.43%
CHK D -0.15% 0.34% -0.15%
CIEN C -0.22% 0.32% -0.22%
CNX A -0.22% 0.17% -0.22%
COLB B -0.2% 0.2% -0.2%
COTY F -0.2% 0.14% -0.2%
CVLT B 1.64% 0.24% 0.24%
EEFT D 0.45% 0.18% 0.18%
EME B 0.81% 0.75% 0.75%
ENOV F -0.18% 0.1% -0.18%
EXP B 0.31% 0.37% 0.31%
FND C -0.59% 0.46% -0.59%
GT F -0.27% 0.09% -0.27%
HALO B 1.03% 0.29% 0.29%
HGV D -0.1% 0.1% -0.1%
HRB C 0.53% 0.34% 0.34%
JHG B 0.92% 0.19% 0.19%
JLL B 0.32% 0.48% 0.32%
KNF B 0.35% 0.19% 0.19%
KNSL C -0.18% 0.41% -0.18%
KRG B -0.16% 0.23% -0.16%
LAD C -0.19% 0.29% -0.19%
LAMR A 0.41% 0.46% 0.41%
LNTH C 0.46% 0.29% 0.29%
LSCC D -0.5% 0.28% -0.5%
MTZ B 0.54% 0.27% 0.27%
MUSA C 0.59% 0.38% 0.38%
NSA B 0.48% 0.14% 0.14%
NXST D -0.09% 0.22% -0.09%
PCH C -0.16% 0.15% -0.16%
PPC D 0.72% 0.07% 0.07%
RGA B 0.53% 0.58% 0.53%
RGEN F -0.33% 0.31% -0.33%
RGLD B 0.43% 0.39% 0.39%
RNR B -0.22% 0.56% -0.22%
SAIC C 0.4% 0.33% 0.33%
SEIC B 0.81% 0.28% 0.28%
STAG C 0.33% 0.29% 0.29%
THC B 0.85% 0.63% 0.63%
TOL B 0.34% 0.62% 0.34%
UMBF B 0.71% 0.18% 0.18%
VAC F -0.1% 0.1% -0.1%
VAL F -0.12% 0.14% -0.12%
VNO B -0.17% 0.23% -0.17%
VSH D -0.25% 0.1% -0.25%
VVV D -0.27% 0.2% -0.27%
WTRG D -0.16% 0.4% -0.16%
XPO D -0.18% 0.51% -0.18%
ZI D -0.36% 0.12% -0.36%
CLSE Overweight 269 Positions Relative to QVMM
Symbol Grade Weight
NVDA D 4.12%
META A 3.15%
GOOGL D 2.93%
QCOM D 2.58%
AVGO C 2.58%
AMZN C 2.5%
AAPL D 2.26%
WMT B 2.07%
APP B 2.04%
ANET B 1.86%
IBM B 1.7%
NTAP D 1.64%
GDDY C 1.58%
CVNA B 1.53%
HPE D 1.52%
GOOG D 1.22%
ORCL B 1.22%
DOCU C 1.21%
HD B 1.17%
ACIW B 1.12%
MSFT C 1.12%
ABBV C 1.04%
T B 1.03%
MU F 1.02%
GILD B 0.98%
PYPL B 0.98%
JNJ B 0.96%
SNEX C 0.95%
OGN D 0.92%
NTRS B 0.91%
UHS B 0.87%
SYF C 0.86%
AMRX B 0.85%
NTNX C 0.84%
DVA B 0.82%
PG C 0.81%
MO C 0.81%
BAC D 0.81%
VLO D 0.79%
JPM D 0.77%
MLI B 0.75%
FTDR B 0.75%
MPC D 0.74%
CNC C 0.73%
BG D 0.72%
JXN B 0.72%
MCK F 0.71%
IDCC B 0.7%
RF B 0.69%
CHRW B 0.66%
IIPR B 0.65%
IESC C 0.63%
OSCR B 0.63%
GVA B 0.63%
NEM B 0.62%
FITB B 0.61%
CAH C 0.61%
STRL B 0.6%
VRT C 0.59%
TSLA C 0.59%
XOM D 0.58%
CFG D 0.57%
TSN C 0.57%
UNP B 0.57%
PATK B 0.55%
WFC D 0.55%
AMGN B 0.55%
PNW B 0.55%
PGR A 0.55%
NEE B 0.55%
LMT C 0.54%
GM B 0.54%
PRIM C 0.54%
AVA B 0.54%
MET A 0.54%
NRG C 0.54%
SLVM B 0.53%
MWA C 0.53%
EXPE C 0.53%
VST C 0.53%
MRK D 0.53%
RTX C 0.51%
CVX D 0.51%
FDX C 0.5%
BMY C 0.49%
ADMA B 0.49%
CNA C 0.49%
KLAC D 0.47%
EQR B 0.44%
REZI D 0.43%
ACT A 0.42%
SPG B 0.41%
KMB D 0.4%
MRO D 0.39%
SCCO D 0.39%
LDOS C 0.38%
FCX D 0.38%
J D 0.36%
CTRE B 0.36%
DVN F 0.35%
GRMN D 0.35%
ABM D 0.34%
CAT C 0.33%
GLW B 0.32%
ALSN B 0.32%
ANF D 0.32%
NFLX B 0.31%
SM D 0.31%
VTRS C 0.31%
NVR B 0.3%
IBP C 0.27%
CPNG B 0.26%
BKNG B 0.25%
CCL C 0.24%
KR B 0.17%
ADUS B 0.15%
SPOT B 0.13%
ALNY B 0.12%
NTRA B 0.12%
MHO B 0.1%
QQQ C 0.0%
JOBY F -0.04%
CAR F -0.05%
CRNX C -0.05%
MRNA F -0.06%
COLD D -0.08%
ROK D -0.08%
ALIT D -0.08%
FOXF F -0.08%
AES C -0.08%
AGL F -0.09%
DRVN C -0.1%
WOR F -0.1%
AWR B -0.1%
WTW B -0.1%
MCW F -0.1%
VMC D -0.11%
HHH C -0.11%
CC F -0.11%
ACVA B -0.11%
DRI C -0.11%
TXG D -0.11%
VFC C -0.12%
AAL D -0.12%
PGNY F -0.12%
CGON C -0.12%
VSAT F -0.14%
PPBI D -0.14%
RBLX B -0.15%
EXR B -0.15%
AESI C -0.15%
PYCR D -0.15%
DAY D -0.15%
MTN D -0.15%
UHAL B -0.16%
CLDX C -0.16%
BIRK D -0.16%
ILMN C -0.16%
WAL B -0.16%
UEC F -0.17%
GTLS F -0.17%
SJM C -0.17%
HI F -0.18%
BE F -0.19%
BANC B -0.19%
CZR C -0.19%
FCNCA D -0.19%
WY C -0.19%
CNH C -0.19%
TMDX C -0.2%
CINF B -0.2%
EL F -0.2%
TFC D -0.2%
LKQ D -0.2%
AVAV D -0.2%
WOLF F -0.2%
AJG C -0.21%
LUV C -0.21%
GPOR C -0.21%
SOFI C -0.21%
BX B -0.21%
SHC B -0.22%
IRTC F -0.22%
DXCM F -0.22%
RBA C -0.22%
WBA F -0.22%
AEIS D -0.23%
TTD B -0.23%
WTM F -0.23%
SW B -0.23%
IPAR D -0.23%
XYL D -0.23%
DLTR F -0.23%
FDS C -0.23%
PTEN F -0.24%
SUM C -0.24%
BIO C -0.24%
OKE B -0.24%
MS D -0.25%
WAT C -0.25%
ALB F -0.26%
AL D -0.26%
APD B -0.26%
SITE D -0.26%
FLYW F -0.26%
EQT D -0.26%
WSC D -0.26%
CSCO B -0.27%
HASI B -0.27%
HSY C -0.28%
NEOG C -0.29%
GMED D -0.29%
LW D -0.29%
APLS F -0.29%
FIVN F -0.3%
MNST C -0.31%
O B -0.31%
INSP C -0.31%
RVMD C -0.32%
ENPH C -0.32%
PEN D -0.32%
REGN C -0.32%
FOUR C -0.33%
SRE B -0.33%
EVTC D -0.33%
EXAS C -0.34%
IAC C -0.34%
TOST B -0.34%
D C -0.34%
LPLA D -0.35%
MARA F -0.35%
ADBE D -0.36%
GE B -0.36%
LVS D -0.36%
ON D -0.36%
KLIC D -0.36%
LYV B -0.36%
AFRM C -0.36%
NDAQ B -0.36%
WBD D -0.38%
RIOT F -0.38%
BBIO D -0.38%
BA F -0.38%
PATH D -0.39%
SATS B -0.4%
BRZE F -0.4%
MKTX C -0.4%
RIVN F -0.41%
CCOI C -0.43%
FIVE D -0.45%
TTWO D -0.47%
ZBRA B -0.48%
C D -0.48%
GLOB D -0.48%
GFS F -0.48%
MDB D -0.5%
MCHP D -0.5%
CFLT F -0.5%
BILL D -0.5%
DV F -0.5%
POOL C -0.54%
SMCI F -0.55%
RH B -0.56%
WDC D -0.58%
LBRDK D -0.58%
U D -0.6%
LITE B -0.69%
TXN C -0.85%
INTC F -0.93%
CLSE Underweight 295 Positions Relative to QVMM
Symbol Grade Weight
CSL C -0.8%
LII B -0.71%
RS D -0.69%
WSM C -0.67%
FNF A -0.64%
UTHR C -0.64%
MANH B -0.63%
RPM B -0.62%
WSO C -0.59%
GLPI B -0.58%
OC C -0.58%
IBKR B -0.56%
WPC B -0.56%
GGG C -0.56%
AMH C -0.54%
USFD B -0.54%
PSTG F -0.53%
ACM B -0.53%
ERIE A -0.53%
EQH C -0.51%
DKS D -0.51%
CW B -0.5%
FIX B -0.5%
CASY D -0.5%
TTEK C -0.49%
NBIX F -0.49%
BLD D -0.48%
SCI B -0.48%
CUBE B -0.48%
DT C -0.48%
CLH B -0.48%
EWBC C -0.47%
ITT C -0.46%
PFGC B -0.46%
CCK A -0.46%
NVT D -0.44%
BJ D -0.44%
SFM B -0.44%
TXRH D -0.44%
JEF B -0.43%
REXR C -0.43%
OVV D -0.43%
LECO F -0.43%
CACI B -0.43%
UNM B -0.43%
OHI A -0.42%
RRX C -0.42%
WWD D -0.41%
ATR B -0.41%
WMS D -0.41%
LNW B -0.41%
SAIA D -0.4%
EHC B -0.39%
ORI A -0.39%
FHN D -0.38%
BWXT D -0.38%
ARMK B -0.38%
GPK B -0.37%
INGR A -0.37%
ONTO F -0.37%
SF A -0.36%
RBC C -0.36%
ALLY F -0.36%
NYT C -0.36%
PRI B -0.36%
CHRD F -0.36%
AFG B -0.36%
TPX C -0.35%
SNX D -0.35%
WEX C -0.35%
EGP B -0.35%
NNN B -0.35%
CHE C -0.35%
BRX B -0.34%
DCI D -0.34%
OGE B -0.34%
SKX C -0.34%
EVR B -0.34%
KBR D -0.34%
VOYA A -0.33%
COHR B -0.33%
FYBR C -0.33%
HLI B -0.33%
KNX C -0.33%
AYI B -0.32%
MEDP D -0.32%
EXEL B -0.32%
AIT C -0.32%
BRBR B -0.32%
MORN C -0.32%
X D -0.32%
WBS C -0.32%
CR C -0.31%
CROX C -0.31%
OLED C -0.31%
AR D -0.31%
BERY B -0.31%
ADC C -0.31%
CNM F -0.31%
ALV F -0.31%
DUOL B -0.31%
FCN C -0.31%
TTC D -0.3%
FLR D -0.3%
UFPI C -0.3%
DINO D -0.3%
SSB B -0.3%
SSD C -0.3%
AXTA C -0.3%
CBSH C -0.3%
FAF B -0.29%
DTM B -0.29%
PR D -0.29%
CFR C -0.29%
KEX C -0.29%
TMHC B -0.29%
PB B -0.29%
SWN D -0.29%
ACHC C -0.29%
FR C -0.29%
PNFP B -0.29%
PCTY C -0.28%
MIDD C -0.28%
WCC C -0.28%
RRC D -0.28%
TREX F -0.28%
ESNT B -0.27%
WTFC B -0.27%
NOV D -0.27%
MTG B -0.27%
CRUS D -0.27%
OSK D -0.27%
MAT C -0.27%
SNV C -0.27%
WFRD F -0.27%
ZION D -0.27%
GNTX F -0.27%
H C -0.26%
JAZZ D -0.26%
AAON B -0.26%
CMC D -0.26%
DBX D -0.26%
HQY C -0.26%
G C -0.26%
CLF F -0.26%
MSA C -0.26%
ARW C -0.26%
LSTR D -0.26%
OPCH C -0.25%
LEA D -0.25%
KBH B -0.25%
FLS D -0.25%
WH B -0.25%
RLI B -0.25%
MKSI F -0.25%
SIGI C -0.24%
OLLI C -0.24%
GXO D -0.24%
MTDR D -0.24%
NOVT D -0.24%
BRKR D -0.24%
LPX B -0.24%
LFUS D -0.24%
DAR F -0.24%
ELF F -0.24%
STWD A -0.24%
POST C -0.24%
EXLS C -0.24%
ONB C -0.24%
R B -0.24%
CHX D -0.23%
SON C -0.23%
THG A -0.23%
CADE B -0.23%
NFG B -0.23%
PVH F -0.23%
CBT B -0.23%
ESAB C -0.23%
COKE C -0.23%
TKR D -0.22%
OLN D -0.22%
KD D -0.22%
ST D -0.22%
IDA B -0.22%
UGI C -0.22%
HXL F -0.22%
WTS C -0.22%
XRAY D -0.22%
WHR D -0.21%
GATX D -0.21%
HOMB B -0.21%
VNT D -0.21%
MMS D -0.21%
FNB D -0.21%
MDU B -0.21%
MUR D -0.21%
VMI D -0.21%
CIVI F -0.21%
EXPO B -0.21%
THO D -0.21%
MTSI D -0.21%
GAP F -0.2%
CPRI D -0.2%
GBCI B -0.2%
FFIN B -0.2%
UBSI B -0.2%
AM B -0.2%
POR B -0.2%
SRCL A -0.2%
FLO C -0.19%
NJR B -0.19%
OZK D -0.19%
MASI D -0.19%
WLK D -0.19%
SLM C -0.19%
HOG C -0.19%
IRT B -0.18%
APPF D -0.18%
DOCS B -0.18%
ASGN D -0.18%
SBRA B -0.18%
SWX C -0.18%
CUZ B -0.18%
QLYS F -0.18%
BDC B -0.17%
AVNT B -0.17%
WU D -0.17%
AN D -0.17%
SLGN B -0.17%
LOPE D -0.17%
DLB D -0.17%
ASH D -0.17%
RYN C -0.17%
BKH B -0.17%
PII D -0.17%
HWC D -0.17%
ENS C -0.16%
KRC B -0.16%
RMBS F -0.16%
OGS B -0.16%
M F -0.16%
BYD C -0.16%
VLY C -0.15%
PRGO D -0.15%
MSM D -0.15%
NWE A -0.15%
PBF F -0.15%
ALE A -0.15%
KMPR D -0.15%
HAE D -0.15%
SR B -0.15%
TEX D -0.15%
CNO B -0.15%
EPR B -0.15%
NEU D -0.15%
IBOC C -0.14%
TCBI B -0.14%
MAN C -0.14%
NVST D -0.14%
SLAB D -0.14%
BLKB B -0.14%
LANC D -0.14%
CNXC D -0.13%
YETI D -0.13%
ASB D -0.13%
POWI F -0.13%
FHI A -0.12%
GHC C -0.12%
RCM C -0.12%
UAA C -0.12%
TNL D -0.12%
BHF D -0.12%
CACC D -0.12%
PAG D -0.12%
TGNA C -0.12%
COLM B -0.12%
LIVN D -0.12%
PK D -0.12%
WEN C -0.12%
NSP D -0.12%
VC F -0.11%
TDC F -0.11%
SAM F -0.11%
SYNA F -0.11%
CRI C -0.11%
AMKR F -0.11%
MP D -0.09%
JWN B -0.09%
ZD D -0.09%
AZTA D -0.09%
ADNT F -0.08%
IPGP F -0.08%
HELE D -0.06%
ALGM F -0.06%
GEF D -0.06%
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