CLSE vs. RZG ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Guggenheim S&P Smallcap 600 Pure Growth ETF (RZG)

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

$22.20

Average Daily Volume

47,703

Number of Holdings ^*

325

* may have additional holdings in another (foreign) market

RZG

Guggenheim S&P Smallcap 600 Pure Growth ETF

RZG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P SmallCap 600 Pure Growth Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P SmallCap 600 companies with strong growth characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.91

Average Daily Volume

14,023

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	RZG
30 Days	2.35%	-0.36%
60 Days	7.56%	3.66%
90 Days	2.21%	7.68%
12 Months	37.80%	29.35%

14 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in RZG	Overlap
ADMA	B	0.56%	1.21%	0.56%
AVAV	B	-0.18%	0.72%	-0.18%
CCOI	B	-0.44%	0.49%	-0.44%
DV	F	-0.49%	0.36%	-0.49%
FTDR	C	0.76%	0.6%	0.6%
IBP	C	0.33%	1.26%	0.33%
IDCC	A	0.83%	1.01%	0.83%
IPAR	D	-0.23%	1.0%	-0.23%
MARA	F	-0.33%	0.79%	-0.33%
MHO	A	0.19%	1.02%	0.19%
MLI	B	0.77%	0.83%	0.77%
PATK	B	0.58%	1.24%	0.58%
PGNY	F	-0.12%	0.38%	-0.12%
SM	F	0.33%	0.5%	0.33%

CLSE Overweight 311 Positions Relative to RZG

Symbol	Grade	Weight
NVDA	C	3.93%
META	A	3.19%
GOOGL	C	3.05%
AVGO	C	2.6%
QCOM	D	2.6%
AMZN	C	2.44%
AAPL	C	2.17%
APP	B	1.96%
WMT	A	1.95%
NTAP	D	1.88%
ANET	B	1.87%
CVNA	A	1.74%
IBM	C	1.71%
CVLT	C	1.64%
HPE	C	1.63%
GDDY	D	1.55%
GOOG	C	1.25%
ORCL	C	1.23%
DOCU	B	1.21%
HD	A	1.18%
ACIW	A	1.14%
MSFT	C	1.12%
HALO	D	1.05%
T	A	1.03%
ABBV	A	1.03%
PYPL	B	1.03%
SNEX	C	1.03%
AMG	C	1.02%
JHG	C	0.99%
NTRS	C	0.98%
MU	D	0.97%
JNJ	C	0.96%
GILD	A	0.93%
AVT	B	0.92%
SYF	C	0.9%
AMRX	A	0.89%
OGN	D	0.89%
THC	C	0.85%
EME	C	0.84%
DVA	B	0.84%
SEIC	B	0.82%
BAC	D	0.82%
UHS	D	0.82%
VLO	F	0.8%
NTNX	D	0.8%
MO	B	0.77%
MPC	F	0.74%
UMBF	C	0.73%
PPC	A	0.73%
CNC	F	0.73%
PG	C	0.72%
BG	D	0.72%
JXN	B	0.69%
IIPR	C	0.68%
GVA	B	0.65%
STRL	C	0.65%
CHRW	A	0.63%
FITB	C	0.62%
OSCR	C	0.6%
JPM	D	0.6%
CAH	B	0.6%
UNP	C	0.59%
RF	C	0.59%
VST	A	0.59%
XOM	B	0.59%
TSLA	B	0.58%
DVN	F	0.58%
TSN	D	0.57%
PRIM	C	0.57%
WFC	D	0.57%
CFG	D	0.57%
SLVM	C	0.56%
MTZ	C	0.56%
GM	D	0.56%
NRG	A	0.56%
AMGN	D	0.55%
AVA	B	0.55%
PNW	A	0.55%
NEE	A	0.55%
MET	A	0.55%
PGR	C	0.54%
IESC	B	0.54%
RGA	C	0.54%
MRK	F	0.54%
MWA	B	0.54%
NEM	C	0.53%
LMT	A	0.53%
CVX	D	0.52%
FDX	D	0.52%
VRT	B	0.51%
HRB	C	0.51%
BMY	B	0.5%
EXPE	B	0.5%
NSA	C	0.49%
CNA	D	0.49%
RTX	A	0.49%
MUSA	D	0.47%
LNTH	C	0.47%
EEFT	F	0.46%
ACT	C	0.46%
KLAC	D	0.46%
MCK	F	0.45%
REZI	F	0.44%
LAMR	C	0.43%
EQR	C	0.43%
RGLD	C	0.42%
MRO	D	0.41%
SCCO	B	0.4%
LDOS	A	0.4%
SPG	A	0.4%
FCX	B	0.39%
KMB	B	0.39%
SAIC	B	0.39%
KNF	C	0.38%
CTRE	B	0.36%
J	D	0.36%
TOL	A	0.35%
BCO	A	0.34%
CAT	A	0.34%
ABM	D	0.34%
GLW	C	0.33%
ALSN	A	0.33%
EXP	C	0.33%
STAG	D	0.33%
NFLX	C	0.31%
NVR	A	0.31%
VTRS	D	0.31%
JLL	B	0.3%
CPNG	C	0.27%
BKNG	C	0.26%
CCL	C	0.25%
ANF	D	0.23%
KR	B	0.17%
NTRA	B	0.15%
SPOT	B	0.13%
ADUS	C	0.12%
ALNY	B	0.12%
GRMN	D	0.09%
QQQ	C	0.0%
JOBY	F	-0.04%
AEE	A	-0.04%
BC	C	-0.05%
WOR	F	-0.05%
CAR	D	-0.06%
FOXF	F	-0.08%
AES	B	-0.08%
ALIT	D	-0.08%
CZR	C	-0.09%
NXST	D	-0.09%
DRVN	C	-0.1%
VAC	D	-0.1%
HGV	F	-0.1%
AWR	B	-0.1%
MCW	F	-0.1%
WTW	A	-0.1%
HHH	B	-0.11%
ACVA	C	-0.11%
AGL	F	-0.11%
AAL	D	-0.12%
VAL	F	-0.12%
COLD	D	-0.12%
VSAT	F	-0.12%
VMC	D	-0.12%
CC	D	-0.13%
LAD	B	-0.13%
PPBI	D	-0.14%
RBLX	C	-0.14%
AA	C	-0.14%
VFC	B	-0.14%
SJM	B	-0.15%
EXR	C	-0.15%
PCH	C	-0.15%
MTN	D	-0.15%
DAY	C	-0.15%
PYCR	D	-0.15%
CHDN	D	-0.16%
CLDX	F	-0.16%
CG	C	-0.16%
WY	B	-0.16%
WTRG	D	-0.16%
ILMN	C	-0.16%
AESI	C	-0.16%
KRG	C	-0.16%
CHK	C	-0.16%
CIEN	B	-0.17%
CGON	C	-0.17%
UHAL	A	-0.17%
WAL	C	-0.17%
OKE	C	-0.18%
GTLS	F	-0.18%
VNO	B	-0.18%
UEC	C	-0.18%
HI	F	-0.18%
BEAM	F	-0.18%
ENOV	F	-0.18%
TXG	F	-0.18%
CNH	C	-0.19%
KNSL	D	-0.19%
BIRK	F	-0.2%
BANC	C	-0.2%
XPO	F	-0.2%
BE	F	-0.2%
APD	C	-0.2%
LKQ	F	-0.2%
WOLF	F	-0.2%
NTLA	F	-0.2%
CINF	A	-0.2%
TFC	D	-0.2%
TTD	C	-0.2%
FCNCA	D	-0.2%
COLB	C	-0.21%
RBA	D	-0.21%
LUV	C	-0.21%
IRTC	F	-0.21%
TMDX	D	-0.21%
AJG	D	-0.21%
AGCO	D	-0.21%
EL	D	-0.21%
SHC	C	-0.22%
SBUX	B	-0.22%
WBA	F	-0.22%
TREX	D	-0.22%
GPOR	B	-0.22%
SOFI	C	-0.22%
CSCO	A	-0.23%
COTY	F	-0.23%
XYL	B	-0.23%
WTM	D	-0.23%
SW	B	-0.24%
DXCM	F	-0.24%
CNX	A	-0.24%
RNR	A	-0.24%
FLYW	F	-0.24%
AEIS	D	-0.24%
VSH	F	-0.25%
WSC	D	-0.25%
BIO	B	-0.25%
SUM	D	-0.25%
EQT	C	-0.26%
PTEN	F	-0.26%
WAT	B	-0.26%
ALB	D	-0.26%
SITE	D	-0.27%
APLS	F	-0.27%
AL	D	-0.27%
HASI	C	-0.27%
GMED	D	-0.28%
GT	F	-0.28%
HSY	D	-0.28%
VVV	D	-0.28%
GE	C	-0.29%
CELH	F	-0.29%
LW	D	-0.29%
DLTR	F	-0.29%
FDS	C	-0.3%
PSA	C	-0.31%
INSP	C	-0.31%
LVS	B	-0.31%
PEN	D	-0.31%
SRE	A	-0.32%
TOST	B	-0.32%
D	A	-0.32%
NEOG	D	-0.32%
RVMD	B	-0.33%
EVTC	D	-0.33%
MRNA	F	-0.33%
MNST	D	-0.33%
ON	F	-0.34%
FOUR	B	-0.34%
LPLA	D	-0.35%
IAC	C	-0.35%
NDAQ	C	-0.35%
EXAS	C	-0.35%
ZI	D	-0.36%
BBIO	F	-0.36%
FIVN	F	-0.36%
ENPH	D	-0.36%
AFRM	C	-0.36%
MKTX	C	-0.36%
LYV	A	-0.37%
ADBE	F	-0.37%
KLIC	D	-0.37%
BA	F	-0.38%
ZBRA	C	-0.38%
RIOT	F	-0.39%
BRZE	F	-0.4%
RIVN	F	-0.4%
PATH	D	-0.4%
C	B	-0.42%
WBD	D	-0.43%
CGNX	F	-0.44%
GLOB	D	-0.45%
TTWO	F	-0.46%
SATS	C	-0.46%
MDB	D	-0.47%
FIVE	D	-0.48%
BILL	D	-0.49%
MCHP	F	-0.51%
CFLT	F	-0.53%
RH	C	-0.56%
POOL	B	-0.57%
LBRDK	C	-0.58%
SMCI	F	-0.58%
WDC	C	-0.6%
U	D	-0.63%
FND	B	-0.63%
LSCC	D	-0.65%
GFS	F	-0.67%
LITE	C	-0.73%
TXN	C	-0.86%
INTC	D	-0.89%

CLSE Underweight 114 Positions Relative to RZG

Symbol	Grade	Weight
PRG	C	-1.84%
UFPT	D	-1.76%
CNK	C	-1.72%
GRBK	B	-1.69%
BOOT	B	-1.58%
HWKN	A	-1.57%
GPI	C	-1.42%
SPNT	D	-1.42%
TGTX	C	-1.38%
CSWI	B	-1.35%
HCC	D	-1.22%
CRS	B	-1.2%
CVCO	A	-1.17%
JOE	D	-1.11%
POWL	A	-1.1%
CEIX	B	-1.1%
MATX	B	-1.09%
VRRM	D	-1.09%
NOG	D	-1.08%
CARG	C	-1.07%
GSHD	B	-1.02%
TBBK	C	-0.99%
SHAK	C	-0.99%
RWT	C	-0.99%
AMR	F	-0.97%
CALM	A	-0.95%
MTH	B	-0.94%
ACLS	F	-0.92%
GMS	D	-0.91%
LBRT	F	-0.91%
FBP	D	-0.89%
HCI	C	-0.89%
LRN	C	-0.88%
LPG	F	-0.85%
AZZ	C	-0.84%
ATGE	C	-0.82%
ARCB	D	-0.81%
CASH	D	-0.81%
REX	D	-0.81%
PLMR	D	-0.81%
AMBC	F	-0.79%
VVI	C	-0.78%
ATI	B	-0.77%
HLX	D	-0.75%
OFG	D	-0.74%
VCEL	F	-0.74%
RDNT	C	-0.74%
COLL	B	-0.74%
CRVL	C	-0.73%
SHO	D	-0.72%
CUBI	F	-0.71%
CPRX	C	-0.7%
BMI	A	-0.7%
CRC	B	-0.69%
SIG	C	-0.69%
URBN	F	-0.69%
EXPI	C	-0.69%
VECO	F	-0.67%
TDW	F	-0.67%
CARS	F	-0.67%
FSS	B	-0.67%
BCC	B	-0.65%
OII	D	-0.65%
AMPH	C	-0.64%
EFC	D	-0.64%
DRH	D	-0.64%
SPSC	D	-0.61%
ROCK	D	-0.61%
ANIP	D	-0.61%
MTRN	F	-0.6%
GKOS	C	-0.6%
OTTR	F	-0.59%
MGY	C	-0.57%
MOG.A	B	-0.57%
LQDT	C	-0.56%
PFBC	D	-0.56%
DVAX	D	-0.55%
GES	F	-0.54%
PARR	F	-0.53%
MCRI	B	-0.53%
ASTH	B	-0.53%
PLAY	D	-0.51%
AGYS	D	-0.5%
RES	D	-0.48%
YELP	F	-0.48%
SHOO	A	-0.48%
AEO	C	-0.46%
RAMP	F	-0.45%
TRIP	F	-0.45%
ARLO	F	-0.44%
ITGR	C	-0.44%
OXM	F	-0.44%
SXI	B	-0.43%
WRLD	D	-0.43%
FELE	B	-0.43%
ENSG	D	-0.42%
KTB	B	-0.42%
AROC	C	-0.4%
MYRG	F	-0.4%
AWI	A	-0.39%
MSGS	B	-0.38%
OSIS	B	-0.37%
TNC	F	-0.36%
APLE	D	-0.35%
WDFC	C	-0.34%
DFIN	D	-0.33%
PRGS	B	-0.33%
XPEL	D	-0.32%
ALG	D	-0.32%
PDFS	F	-0.29%
NEO	F	-0.26%
PRVA	F	-0.22%
CNMD	D	-0.18%
JACK	F	-0.15%