CLSE vs. UMDD ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to UltraPro MidCap400 (UMDD)
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

$23.59

Average Daily Volume

65,624

Number of Holdings *

337

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

UltraPro MidCap400

UMDD Description The investment seeks daily investment results that correspond to three times (3x) the daily performance of the S&P MidCap400®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.58

Average Daily Volume

16,895

Number of Holdings *

394

* may have additional holdings in another (foreign) market
Performance
Period CLSE UMDD
30 Days 4.18% 13.18%
60 Days 7.10% 15.79%
90 Days 9.38% 15.30%
12 Months 39.93% 82.34%
83 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in UMDD Overlap
AA A -0.14% 0.19% -0.14%
AGCO D -0.18% 0.1% -0.18%
ALGM D -0.45% 0.06% -0.45%
AMG B 0.58% 0.1% 0.1%
ARWR D -0.14% 0.05% -0.14%
AVT C 0.66% 0.08% 0.08%
BC C -0.08% 0.1% -0.08%
BHF C -0.16% 0.06% -0.16%
BRKR D -0.18% 0.11% -0.18%
CACI D 0.48% 0.2% 0.2%
CDP C 0.34% 0.06% 0.06%
CELH F -0.24% 0.08% -0.24%
CGNX D -0.45% 0.13% -0.45%
CHDN B -0.18% 0.19% -0.18%
CNH C -0.18% 0.17% -0.18%
CNX A 0.74% 0.11% 0.11%
COHR B -0.36% 0.28% -0.36%
COTY F -0.18% 0.05% -0.18%
CVLT B 1.4% 0.14% 0.14%
CYTK F -0.3% 0.12% -0.3%
DAR C -0.16% 0.12% -0.16%
DOCU B 1.37% 0.3% 0.3%
DUOL A 0.45% 0.22% 0.22%
EEFT B 0.22% 0.08% 0.08%
ELF C -0.24% 0.13% -0.24%
EME A 0.75% 0.42% 0.42%
ENOV C -0.18% 0.05% -0.18%
EXP B 0.48% 0.19% 0.19%
EXR C -0.13% 0.0% -0.13%
FIVE F -0.56% 0.09% -0.56%
FLR B 0.21% 0.16% 0.16%
FN C 0.13% 0.17% 0.13%
FND D -0.53% 0.2% -0.53%
GATX A -0.2% 0.1% -0.2%
GNTX C -0.09% 0.13% -0.09%
GTLS A -0.15% 0.13% -0.15%
HALO F 0.9% 0.12% 0.12%
HGV C -0.06% 0.05% -0.06%
HQY A 0.07% 0.15% 0.07%
ILMN C 0.1% 0.41% 0.1%
JAZZ B 0.16% 0.14% 0.14%
JHG B 1.21% 0.11% 0.11%
JLL D 0.2% 0.23% 0.2%
KNSL B -0.2% 0.19% -0.2%
KNX C -0.06% 0.16% -0.06%
KRG B -0.17% 0.11% -0.17%
LAMR C 0.31% 0.2% 0.2%
LITE B -0.6% 0.11% -0.6%
LNTH D 0.0% 0.1% 0.0%
LPX B 0.43% 0.13% 0.13%
LSCC D -0.7% 0.13% -0.7%
MASI B -0.17% 0.13% -0.17%
MTN C -0.22% 0.12% -0.22%
MTZ B 0.66% 0.15% 0.15%
MUSA B 0.2% 0.18% 0.18%
NEOG F -0.26% 0.05% -0.26%
OSK C -0.16% 0.13% -0.16%
PCH F -0.12% 0.05% -0.12%
PPC C 0.85% 0.04% 0.04%
R B 0.38% 0.13% 0.13%
RBA A -0.12% 0.31% -0.12%
REXR F -0.14% 0.17% -0.14%
RGA A 0.55% 0.27% 0.27%
RGLD C 0.32% 0.17% 0.17%
RH C -0.47% 0.09% -0.47%
RNR C -0.15% 0.24% -0.15%
RYN D -0.07% 0.07% -0.07%
SAIA B -0.22% 0.26% -0.22%
SEIC B 0.95% 0.15% 0.15%
SR A 0.38% 0.07% 0.07%
TEX F -0.17% 0.06% -0.17%
THC D 0.78% 0.28% 0.28%
TOL B 0.22% 0.29% 0.22%
TREX C -0.17% 0.14% -0.17%
UMBF B 0.66% 0.1% 0.1%
UTHR C 0.73% 0.31% 0.31%
VAL F -0.27% 0.06% -0.27%
VVV D -0.33% 0.1% -0.33%
WAL B -0.19% 0.18% -0.19%
WTRG B -0.24% 0.18% -0.24%
XPO B -0.16% 0.32% -0.16%
ZI D -0.36% 0.06% -0.36%
ZION B 0.71% 0.16% 0.16%
CLSE Overweight 254 Positions Relative to UMDD
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%
PYPL B 1.33%
ORCL A 1.33%
ACIW B 1.3%
TSLA B 1.22%
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%
AMRX C 0.9%
BFH C 0.88%
GM C 0.87%
COR B 0.86%
CAH B 0.86%
GVA A 0.84%
MLI B 0.84%
CARG B 0.83%
AAPL C 0.83%
JNJ C 0.83%
BAC A 0.81%
PRIM A 0.8%
MO A 0.79%
NFLX A 0.79%
FITB B 0.78%
DVA C 0.78%
IESC C 0.77%
CPNG D 0.77%
WFC A 0.75%
FTI A 0.74%
PNC B 0.72%
ABBV F 0.72%
RF A 0.72%
STRL A 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%
ALSN B 0.66%
MWA B 0.65%
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%
LDOS C 0.55%
VST A 0.55%
GLW B 0.52%
MET A 0.52%
SLVM B 0.5%
GOOG C 0.49%
UI B 0.49%
PNW A 0.48%
AVA A 0.47%
UNP C 0.47%
PGR A 0.46%
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%
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%
CNC D 0.31%
PTON A 0.31%
J D 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%
ABM B 0.19%
BAH F 0.18%
KR B 0.17%
NTRA A 0.17%
BOX B 0.17%
FOXA A 0.14%
EXPD C 0.14%
PRU A 0.13%
VCTR B 0.12%
VCYT B 0.12%
CINF A 0.12%
CDE C 0.11%
AEIS C 0.07%
INCY C 0.07%
QQQ B 0.0%
LRCX F 0.0%
PENN C -0.05%
HUN F -0.07%
EXAS D -0.07%
COOP B -0.07%
CCS D -0.07%
JOE F -0.08%
AES F -0.08%
FLYW B -0.08%
JBLU F -0.09%
NSC B -0.1%
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%
FL F -0.12%
DLR B -0.13%
STLD B -0.13%
AVAV C -0.13%
ALIT C -0.13%
VMC B -0.13%
MLM C -0.13%
BPOP C -0.14%
PYCR B -0.14%
DAY B -0.14%
MKL A -0.14%
EQIX A -0.14%
CZR F -0.15%
COLD D -0.15%
APD A -0.15%
CRL D -0.15%
DRVN B -0.15%
NARI C -0.16%
FIVN C -0.16%
LGIH F -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%
MDGL B -0.17%
LKQ F -0.17%
AJG A -0.17%
UEC B -0.18%
EBC B -0.18%
AL B -0.18%
C A -0.19%
AIR B -0.19%
SRE 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%
SUM B -0.22%
EQT B -0.23%
PSA C -0.23%
XYL D -0.23%
IONS F -0.24%
GPOR B -0.24%
HSY F -0.24%
DELL B -0.25%
LW C -0.25%
KEY B -0.25%
BILL A -0.26%
AUR C -0.26%
AWK C -0.26%
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%
LYV A -0.3%
NDAQ A -0.3%
APLS F -0.3%
APTV F -0.32%
GTLB B -0.32%
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%
BBIO F -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%
DV C -0.45%
GE D -0.46%
CDNS B -0.46%
MRNA F -0.47%
SMCI F -0.47%
CFLT B -0.47%
CHTR C -0.48%
CSCO B -0.52%
BRZE C -0.56%
NWS A -0.57%
WST C -0.59%
POOL C -0.61%
MCHP F -0.63%
DXCM C -0.63%
WDC D -0.65%
ROP B -0.7%
TXN C -0.81%
INTC C -0.93%
FSLR F -1.26%
CLSE Underweight 311 Positions Relative to UMDD
Symbol Grade Weight
TPL A -0.46%
CSL C -0.38%
LII A -0.36%
IBKR A -0.35%
WSO A -0.33%
RPM A -0.32%
WSM C -0.31%
OC A -0.31%
BURL B -0.31%
RS B -0.31%
MANH D -0.31%
FNF B -0.29%
DT D -0.29%
USFD A -0.29%
EQH C -0.28%
PSTG D -0.28%
FIX A -0.28%
CASY A -0.27%
GGG B -0.27%
SFM A -0.26%
EWBC A -0.26%
AVTR F -0.26%
ACM B -0.26%
CW C -0.25%
TXRH B -0.24%
GLPI C -0.24%
PFGC B -0.24%
ELS C -0.24%
ITT A -0.23%
NBIX C -0.23%
BMRN F -0.23%
CLH C -0.23%
OVV B -0.22%
SF B -0.22%
JEF A -0.22%
WPC C -0.22%
SCI B -0.22%
NVT B -0.22%
UNM A -0.22%
RRX B -0.21%
DKS D -0.21%
BJ A -0.21%
ATR B -0.21%
LECO C -0.21%
BWXT B -0.21%
AMH C -0.21%
CG B -0.2%
CCK D -0.2%
CUBE C -0.2%
FHN A -0.2%
BLD D -0.2%
TTEK F -0.2%
ARMK B -0.19%
EHC B -0.19%
AFG A -0.19%
WBS A -0.19%
OHI C -0.19%
WWD C -0.19%
SRPT F -0.19%
AIT B -0.19%
GME C -0.19%
EVR B -0.19%
PR B -0.18%
DTM A -0.18%
INGR C -0.18%
WING D -0.18%
HLI A -0.18%
ALLY C -0.18%
EXEL B -0.18%
PRI B -0.18%
CIEN C -0.18%
LAD A -0.18%
AYI B -0.18%
PEN B -0.17%
RBC A -0.17%
GMED A -0.17%
WMS F -0.17%
DCI B -0.17%
MORN B -0.17%
FBIN D -0.17%
WCC B -0.17%
BRBR A -0.17%
AAL B -0.17%
PNFP B -0.17%
TPX B -0.17%
GPK C -0.16%
TTC C -0.16%
BRX A -0.16%
WTFC A -0.16%
SNX D -0.16%
NYT D -0.16%
PCTY C -0.16%
ORI A -0.16%
AR B -0.16%
AXTA B -0.16%
CFR B -0.16%
AAON B -0.16%
VOYA B -0.15%
KBR F -0.15%
SNV C -0.15%
UFPI C -0.15%
CNM D -0.15%
SSB B -0.15%
CHRD D -0.15%
PLNT A -0.15%
RRC B -0.15%
X B -0.15%
SKX D -0.15%
ONTO F -0.15%
ENSG C -0.15%
HRB D -0.15%
LNW F -0.15%
EGP D -0.15%
OGE A -0.15%
CBSH B -0.15%
MEDP D -0.15%
CR A -0.15%
CHE D -0.15%
RGEN D -0.14%
WEX D -0.14%
KEX B -0.14%
MKSI C -0.14%
BERY C -0.14%
ADC A -0.14%
WH B -0.14%
FYBR C -0.14%
NNN C -0.14%
SSD F -0.14%
FLS B -0.14%
TKO A -0.14%
PB B -0.14%
HLNE B -0.14%
VMI B -0.13%
FCN F -0.13%
DINO D -0.13%
VNO C -0.13%
CADE B -0.13%
FR D -0.13%
ONB C -0.13%
H B -0.13%
GXO B -0.13%
ESAB C -0.13%
ALV C -0.13%
RYAN A -0.13%
RLI A -0.13%
MIDD C -0.13%
COKE C -0.13%
TMHC C -0.13%
EXLS B -0.13%
MTSI B -0.13%
OLED F -0.13%
G B -0.13%
ANF F -0.13%
MTG C -0.12%
NOV C -0.12%
GBCI B -0.12%
SAIC F -0.12%
MAT D -0.12%
DOCS C -0.12%
COLB B -0.12%
KD B -0.12%
DBX B -0.12%
STAG D -0.12%
LSTR D -0.12%
BIO C -0.12%
FAF A -0.12%
MSA F -0.12%
CMC B -0.12%
MTDR B -0.12%
PVH C -0.11%
THG A -0.11%
THO B -0.11%
WTS B -0.11%
CHX C -0.11%
ESNT F -0.11%
CROX D -0.11%
FNB A -0.11%
CBT D -0.11%
VNT C -0.11%
SIGI C -0.11%
NOVT D -0.11%
ARW D -0.11%
WFRD D -0.11%
ALTR B -0.11%
LFUS D -0.11%
STWD C -0.11%
IDA A -0.11%
WHR B -0.11%
SLM A -0.1%
FFIN B -0.1%
APPF B -0.1%
KNF B -0.1%
CLF F -0.1%
LEA F -0.1%
CRUS D -0.1%
QLYS B -0.1%
NFG A -0.1%
KBH D -0.1%
OLLI D -0.1%
HOMB A -0.1%
UBSI B -0.1%
RMBS B -0.1%
VLY B -0.09%
CIVI D -0.09%
CUZ B -0.09%
PSN D -0.09%
AVNT B -0.09%
NJR A -0.09%
IRT A -0.09%
WMG D -0.09%
MUR D -0.09%
POR C -0.09%
TKR D -0.09%
LOPE C -0.09%
MMS F -0.09%
BDC C -0.09%
GAP C -0.09%
OLN F -0.09%
HXL F -0.09%
ST F -0.09%
SON F -0.09%
UGI C -0.09%
EXPO D -0.09%
BYD B -0.09%
NXST C -0.09%
OZK B -0.09%
ROIV C -0.09%
AM A -0.09%
POST C -0.09%
HWC B -0.09%
CNO B -0.08%
BCO F -0.08%
PNM B -0.08%
KRC B -0.08%
OGS A -0.08%
WLK D -0.08%
NEU D -0.08%
ORA B -0.08%
SBRA C -0.08%
FLO D -0.08%
KMPR A -0.08%
M F -0.08%
DLB B -0.08%
SLGN A -0.08%
BKH A -0.08%
AN C -0.08%
CHWY B -0.08%
SWX B -0.08%
HAE C -0.08%
XRAY F -0.07%
ACHC F -0.07%
PRGO C -0.07%
ALE A -0.07%
TNL A -0.07%
OPCH D -0.07%
ASH F -0.07%
IBOC B -0.07%
MSM C -0.07%
HOG D -0.07%
ENS F -0.07%
ASB B -0.07%
TCBI C -0.07%
ASGN F -0.07%
PAG B -0.06%
PK C -0.06%
PBF D -0.06%
GHC B -0.06%
WEN D -0.06%
SMG C -0.06%
CHH A -0.06%
YETI D -0.06%
FHI B -0.06%
EPR C -0.06%
BLKB B -0.06%
NWE B -0.06%
SLAB F -0.06%
NVST B -0.06%
IRDM D -0.06%
POWI F -0.06%
LANC C -0.06%
PII F -0.06%
WU F -0.06%
VC F -0.05%
GT C -0.05%
NSP F -0.05%
CXT C -0.05%
COLM C -0.05%
LIVN F -0.05%
TDC D -0.05%
SAM C -0.05%
CC C -0.05%
AMKR D -0.05%
AMED F -0.05%
NSA C -0.05%
SYNA C -0.05%
VAC C -0.05%
MAN F -0.05%
IPGP D -0.04%
AZTA D -0.04%
JWN D -0.04%
RCM A -0.04%
SHC F -0.04%
CPRI F -0.04%
GEF A -0.03%
VSH F -0.03%
CAR C -0.03%
UAA C -0.03%
CNXC F -0.03%
CRI F -0.03%
UA C -0.02%
SLG B -0.0%
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