CLSE vs. TCHP ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to T. Rowe Price Blue Chip Growth ETF (TCHP)

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

$23.61

Average Daily Volume

63,574

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

TCHP

T. Rowe Price Blue Chip Growth ETF

TCHP Description

The investment seeks to provide long-term capital growth; income is a secondary objective. The fund will normally invest at least 80% of its assets in the common stocks of large and medium-sized blue-chip growth companies that are listed in the United States (or futures that have similar economic characteristics). These are firms that, in the investment adviser's view, are well established in their industries and have the potential for above-average earnings growth. It focuses on companies with leading market positions, seasoned management, and strong financial fundamentals.

Grade (RS Rating)

Last Trade

$42.06

Average Daily Volume

111,773

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	TCHP
30 Days	4.15%	4.94%
60 Days	9.66%	8.51%
90 Days	10.02%	9.25%
12 Months	40.83%	42.55%

23 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in TCHP	Overlap
AAPL	C	1.12%	9.47%	1.12%
AMZN	A	2.42%	7.96%	2.42%
AVGO	C	2.43%	0.45%	0.45%
BILL	B	-0.29%	0.11%	-0.29%
BKNG	A	0.37%	0.8%	0.37%
CFLT	B	-0.52%	0.06%	-0.52%
CVNA	B	1.88%	1.4%	1.4%
DG	F	-0.36%	0.3%	-0.36%
GE	D	-0.48%	0.75%	-0.48%
GOOG	C	0.49%	5.9%	0.49%
GOOGL	C	3.45%	1.25%	1.25%
LRCX	F	0.0%	0.17%	0.0%
MDB	C	-0.3%	0.28%	-0.3%
META	B	3.33%	4.86%	3.33%
MPWR	F	0.62%	0.64%	0.62%
MSCI	B	-0.26%	0.11%	-0.26%
NFLX	A	0.75%	1.77%	0.75%
NVDA	A	4.52%	11.86%	4.52%
PG	C	0.44%	0.32%	0.32%
TEAM	B	-0.26%	0.2%	-0.26%
TMUS	A	0.56%	1.01%	0.56%
TSLA	B	1.04%	1.97%	1.04%
TXN	B	-0.87%	0.16%	-0.87%

CLSE Overweight 314 Positions Relative to TCHP

Symbol	Grade	Weight
APP	B	2.93%
MU	D	2.37%
HPE	B	1.96%
ANET	C	1.92%
WMT	A	1.81%
QCOM	F	1.78%
IDCC	B	1.51%
ACIW	B	1.49%
CVLT	B	1.49%
GDDY	B	1.41%
DOCU	B	1.34%
ORCL	A	1.33%
BMY	B	1.28%
NTAP	D	1.21%
JHG	A	1.16%
PYPL	A	1.14%
NTNX	B	1.13%
HD	B	1.12%
GILD	B	1.11%
SYF	B	1.08%
NTRS	A	1.06%
SNEX	B	1.06%
ABBV	F	1.03%
HALO	C	1.0%
LNG	B	0.93%
BFH	B	0.91%
PLTR	B	0.9%
AMG	B	0.9%
PPC	C	0.9%
SEIC	A	0.89%
AMRX	B	0.87%
MLI	B	0.87%
JNJ	D	0.84%
GVA	B	0.84%
IESC	B	0.82%
PRIM	B	0.82%
GM	B	0.82%
CARG	B	0.79%
THC	B	0.78%
BAC	A	0.78%
MO	A	0.76%
CAH	B	0.76%
EME	B	0.76%
DVA	C	0.75%
FITB	A	0.75%
COR	B	0.75%
NRG	C	0.74%
STRL	B	0.74%
CPNG	B	0.73%
WFC	A	0.72%
ALNY	D	0.71%
UHS	D	0.71%
CEIX	B	0.71%
AVT	C	0.7%
VRT	B	0.7%
MWA	B	0.68%
ZION	B	0.68%
RF	A	0.67%
MTZ	B	0.67%
PNC	B	0.67%
APH	B	0.67%
ALSN	B	0.66%
UMBF	B	0.65%
LDOS	C	0.64%
JXN	C	0.62%
JPM	A	0.62%
IBM	D	0.62%
FTDR	B	0.61%
EXPE	B	0.6%
YOU	D	0.6%
FTI	B	0.59%
FLR	C	0.58%
CHRW	A	0.58%
SLVM	C	0.57%
XOM	B	0.56%
TSN	B	0.55%
CACI	C	0.55%
UNP	D	0.53%
RGA	A	0.53%
T	A	0.53%
VST	B	0.52%
MET	C	0.51%
EXP	B	0.48%
PNW	A	0.48%
VLO	C	0.47%
AVA	C	0.46%
PGR	A	0.46%
MPC	D	0.45%
ALL	B	0.45%
CNA	C	0.44%
GLW	B	0.44%
FFIV	B	0.44%
SCCO	F	0.43%
RMD	C	0.43%
PM	B	0.42%
LPX	A	0.42%
CTRE	C	0.42%
UI	B	0.38%
SPG	A	0.37%
R	B	0.37%
CF	B	0.36%
SR	C	0.36%
J	D	0.35%
DUOL	A	0.34%
OUT	B	0.34%
PTON	C	0.34%
RGLD	C	0.34%
CCL	B	0.34%
EQR	C	0.34%
NEM	F	0.32%
LAMR	D	0.31%
CNC	F	0.31%
MDT	D	0.3%
CVS	F	0.29%
IIPR	F	0.29%
ATGE	C	0.29%
IBP	F	0.26%
NVR	D	0.25%
TOL	B	0.23%
MATX	B	0.22%
EEFT	C	0.22%
JLL	C	0.2%
MUSA	B	0.2%
ABM	B	0.19%
KR	A	0.17%
BAH	C	0.17%
SQ	B	0.15%
MRK	F	0.15%
NSA	D	0.15%
FN	C	0.14%
EXPD	C	0.14%
GRMN	A	0.13%
VCYT	B	0.12%
CINF	A	0.12%
PRU	B	0.12%
SEE	C	0.11%
ANF	C	0.11%
NTRA	B	0.1%
ILMN	C	0.1%
UTHR	B	0.08%
AEIS	B	0.07%
INCY	B	0.07%
HQY	B	0.07%
LNTH	F	0.05%
QQQ	A	0.0%
PATK	C	0.0%
SO	D	0.0%
HGV	B	-0.06%
EXAS	F	-0.07%
RYN	F	-0.07%
CCS	F	-0.07%
HUN	F	-0.08%
AES	F	-0.08%
VMC	B	-0.08%
FLYW	B	-0.08%
GNTX	C	-0.09%
BC	D	-0.09%
JOE	F	-0.09%
FL	F	-0.09%
APD	B	-0.1%
ABG	B	-0.1%
REXR	F	-0.1%
PENN	B	-0.1%
NSC	B	-0.11%
MCW	C	-0.11%
DLR	C	-0.11%
ALIT	C	-0.12%
EL	F	-0.12%
ENPH	F	-0.12%
PCH	F	-0.12%
ACVA	B	-0.12%
EQIX	B	-0.12%
MKL	A	-0.13%
BECN	B	-0.13%
PYCR	B	-0.14%
BPOP	C	-0.14%
AGO	B	-0.14%
EXR	D	-0.14%
MLM	B	-0.14%
CC	C	-0.15%
AA	C	-0.15%
JBLU	C	-0.15%
AGCO	F	-0.15%
DAY	B	-0.15%
GTLS	B	-0.15%
AVAV	C	-0.15%
DRVN	A	-0.15%
MTN	C	-0.16%
CZR	F	-0.16%
CRL	C	-0.16%
OSK	B	-0.16%
TREX	C	-0.16%
BHF	B	-0.16%
COTY	D	-0.16%
DAR	B	-0.16%
CNH	D	-0.16%
NXST	C	-0.16%
COLD	F	-0.16%
LGIH	F	-0.16%
ALB	C	-0.16%
EW	F	-0.16%
RNR	D	-0.16%
C	B	-0.17%
RBA	B	-0.17%
AL	B	-0.17%
UHAL	D	-0.17%
LKQ	C	-0.17%
NARI	C	-0.17%
KRG	B	-0.17%
AJG	A	-0.17%
KNSL	C	-0.17%
SITE	D	-0.17%
XPO	B	-0.17%
BIRK	F	-0.17%
AIR	B	-0.18%
SW	B	-0.18%
EBC	B	-0.18%
MASI	B	-0.18%
MDGL	C	-0.19%
XYL	F	-0.19%
CHDN	B	-0.19%
ENOV	C	-0.19%
WAL	B	-0.19%
BRKR	F	-0.19%
TEX	D	-0.19%
PRCT	C	-0.19%
TTD	B	-0.19%
GATX	B	-0.2%
WTM	A	-0.2%
CGON	D	-0.2%
UEC	C	-0.2%
BE	B	-0.21%
SRE	B	-0.21%
ATO	B	-0.21%
SAIA	B	-0.22%
EQT	B	-0.22%
AESI	F	-0.22%
HSY	F	-0.23%
GPOR	B	-0.23%
NOG	B	-0.23%
BANC	B	-0.23%
ARWR	C	-0.24%
SUM	B	-0.24%
VAL	D	-0.24%
ELF	C	-0.24%
PSA	D	-0.24%
KEY	B	-0.25%
LYV	A	-0.25%
LW	B	-0.26%
CELH	F	-0.26%
WTRG	C	-0.26%
ABNB	C	-0.27%
AUR	D	-0.27%
PTEN	C	-0.27%
SOFI	B	-0.27%
AWK	D	-0.27%
FCNCA	B	-0.27%
PINS	F	-0.28%
MNST	B	-0.28%
FOUR	B	-0.28%
NEOG	D	-0.29%
ESTC	C	-0.29%
GT	C	-0.29%
MKTX	C	-0.3%
XP	F	-0.3%
NDAQ	B	-0.3%
STNE	F	-0.31%
BEN	C	-0.31%
AFRM	B	-0.31%
APLS	F	-0.31%
GTLB	B	-0.32%
LPLA	A	-0.34%
VVV	B	-0.34%
COHR	C	-0.34%
CACC	D	-0.34%
ZBRA	B	-0.35%
APO	B	-0.35%
CCOI	C	-0.36%
ALGM	F	-0.36%
INSP	F	-0.37%
BA	F	-0.37%
DLTR	F	-0.38%
WBD	B	-0.39%
PATH	C	-0.39%
BBIO	F	-0.4%
RIVN	F	-0.41%
ON	F	-0.41%
CYTK	C	-0.44%
U	F	-0.45%
MRNA	F	-0.46%
NWS	B	-0.47%
MCHP	F	-0.48%
SATS	D	-0.48%
CGNX	C	-0.48%
RH	C	-0.49%
DV	C	-0.49%
RBLX	B	-0.5%
TTWO	A	-0.5%
ADBE	C	-0.51%
FIVE	F	-0.51%
FND	F	-0.52%
ZI	C	-0.54%
BRZE	C	-0.54%
DELL	C	-0.55%
WST	B	-0.57%
FIVN	C	-0.58%
DXCM	C	-0.58%
POOL	D	-0.58%
SMCI	F	-0.59%
WDC	D	-0.73%
LSCC	D	-0.76%
LITE	B	-0.88%
INTC	C	-0.99%
FSLR	F	-1.21%

CLSE Underweight 50 Positions Relative to TCHP

Symbol	Grade	Weight
MSFT	C	-12.82%
LLY	F	-3.53%
V	A	-2.67%
MA	B	-2.38%
NOW	A	-2.14%
UNH	B	-1.65%
ISRG	A	-1.63%
CB	C	-1.06%
ASML	D	-0.96%
SNPS	C	-0.91%
CMG	B	-0.91%
CEG	D	-0.87%
INTU	A	-0.85%
DHR	F	-0.84%
TMO	F	-0.81%
SHOP	B	-0.61%
ROP	A	-0.59%
AMD	F	-0.58%
SYK	A	-0.54%
ROST	D	-0.48%
LIN	D	-0.45%
SPGI	C	-0.45%
MMC	D	-0.45%
SHW	A	-0.44%
TSM	C	-0.43%
TJX	A	-0.43%
GS	B	-0.42%
CL	F	-0.42%
MS	A	-0.41%
ELV	F	-0.37%
ZTS	D	-0.36%
DASH	A	-0.34%
SE	B	-0.33%
HUM	D	-0.32%
ODFL	B	-0.31%
TDG	D	-0.3%
SCHW	B	-0.29%
CTAS	B	-0.27%
FI	A	-0.24%
CRWD	B	-0.23%
SLB	C	-0.23%
AZN	F	-0.21%
GEV	B	-0.21%
MDLZ	F	-0.21%
DDOG	B	-0.16%
LULU	B	-0.14%
SNOW	C	-0.11%
VLTO	D	-0.07%
FTNT	B	-0.06%
NKE	F	-0.05%