CLSE vs. VCLT ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Vanguard Long-Term Corporate Bond ETF (VCLT)
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
VCLT

Vanguard Long-Term Corporate Bond ETF

VCLT Description The investment seeks to track the performance of a market-weighted corporate bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 10+ Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities greater than 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$76.60

Average Daily Volume

2,396,634

Number of Holdings *

339

* may have additional holdings in another (foreign) market
Performance
Period CLSE VCLT
30 Days 4.18% -1.09%
60 Days 7.10% -5.46%
90 Days 9.38% -3.85%
12 Months 39.93% 8.09%
81 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in VCLT Overlap
AAPL C 0.83% 0.04% 0.04%
ABBV F 0.72% 0.03% 0.03%
AES F -0.08% 0.01% -0.08%
AGO B -0.16% 0.01% -0.16%
AJG A -0.17% 0.02% -0.17%
ALB B -0.16% 0.01% -0.16%
ALL A 0.45% 0.01% 0.01%
AMZN C 2.53% 0.05% 0.05%
APD A -0.15% 0.03% -0.15%
APTV F -0.32% 0.01% -0.32%
ATO A -0.1% 0.01% -0.1%
AVA A 0.47% 0.01% 0.01%
AVGO D 2.28% 0.04% 0.04%
AWK C -0.26% 0.01% -0.26%
BA F -0.4% 0.01% -0.4%
BAC A 0.81% 0.02% 0.02%
BEN C -0.36% 0.01% -0.36%
BHF C -0.16% 0.04% -0.16%
BMY B 1.11% 0.03% 0.03%
C A -0.19% 0.01% -0.19%
CACC D -0.36% 0.01% -0.36%
CAH B 0.86% 0.01% 0.01%
CF A 0.37% 0.03% 0.03%
CHTR C -0.48% 0.03% -0.48%
CINF A 0.12% 0.02% 0.02%
CSCO B -0.52% 0.07% -0.52%
CVS D 0.29% 0.01% 0.01%
DELL B -0.25% 0.11% -0.25%
DG F -0.4% 0.03% -0.4%
EL F -0.12% 0.01% -0.12%
EQIX A -0.14% 0.01% -0.14%
EQR C 0.35% 0.01% 0.01%
EXR C -0.13% 0.01% -0.13%
FITB B 0.78% 0.07% 0.07%
FOXA A 0.14% 0.07% 0.07%
GE D -0.46% 0.02% -0.46%
GILD C 1.07% 0.02% 0.02%
GLW B 0.52% 0.01% 0.01%
GM C 0.87% 0.01% 0.01%
GOOGL C 3.47% 0.04% 0.04%
HD B 1.13% 0.01% 0.01%
HPE B 1.92% 0.04% 0.04%
HSY F -0.24% 0.01% -0.24%
INTC C -0.93% 0.03% -0.93%
JBLU F -0.09% 0.01% -0.09%
JNJ C 0.83% 0.02% 0.02%
JPM A 0.64% 0.01% 0.01%
KR B 0.17% 0.01% 0.01%
LRCX F 0.0% 0.02% 0.0%
MDT D 0.29% 0.08% 0.08%
MET A 0.52% 0.02% 0.02%
MKL A -0.14% 0.01% -0.14%
MLM C -0.13% 0.03% -0.13%
MO A 0.79% 0.01% 0.01%
NDAQ A -0.3% 0.02% -0.3%
NEM D 0.22% 0.04% 0.04%
NSC B -0.1% 0.01% -0.1%
NVDA B 4.61% 0.03% 0.03%
ORCL A 1.33% 0.04% 0.04%
PG C 0.45% 0.01% 0.01%
PGR A 0.46% 0.01% 0.01%
PNW A 0.48% 0.01% 0.01%
PRU A 0.13% 0.01% 0.01%
PYPL B 1.33% 0.03% 0.03%
QCOM F 1.73% 0.02% 0.02%
RF A 0.72% 0.01% 0.01%
SCCO F 0.41% 0.05% 0.05%
SPG A 0.37% 0.01% 0.01%
SRE A -0.2% 0.01% -0.2%
STLD B -0.13% 0.02% -0.13%
T A 0.29% 0.01% 0.01%
TMUS B 0.7% 0.03% 0.03%
TSN B 0.6% 0.02% 0.02%
TXN C -0.81% 0.02% -0.81%
UNP C 0.47% 0.01% 0.01%
VLO C 0.29% 0.03% 0.03%
VMC B -0.13% 0.01% -0.13%
WFC A 0.75% 0.01% 0.01%
WMT A 1.82% 0.02% 0.02%
WTRG B -0.24% 0.02% -0.24%
XYL D -0.23% 0.02% -0.23%
CLSE Overweight 256 Positions Relative to VCLT
Symbol Grade Weight
META D 3.3%
APP B 2.25%
MU D 2.13%
CVNA B 1.85%
ANET C 1.83%
IDCC B 1.51%
GDDY A 1.42%
CVLT B 1.4%
DOCU B 1.37%
ACIW B 1.3%
TSLA B 1.22%
JHG B 1.21%
NTNX B 1.16%
SYF B 1.11%
NTRS A 1.08%
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%
COR B 0.86%
PPC C 0.85%
GVA A 0.84%
MLI B 0.84%
CARG B 0.83%
PRIM A 0.8%
NFLX A 0.79%
THC D 0.78%
DVA C 0.78%
IESC C 0.77%
CPNG D 0.77%
EME A 0.75%
CNX A 0.74%
FTI A 0.74%
UTHR C 0.73%
PNC B 0.72%
STRL A 0.71%
ZION B 0.71%
CMA B 0.71%
NRG B 0.71%
UHS D 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%
MTZ B 0.66%
AVT C 0.66%
MWA B 0.65%
BLK B 0.65%
CHRW B 0.61%
EXPE B 0.61%
FFIV B 0.6%
FTDR B 0.58%
AMG B 0.58%
LDOS C 0.55%
VST A 0.55%
RGA A 0.55%
SLVM B 0.5%
GOOG C 0.49%
UI B 0.49%
EXP B 0.48%
CACI D 0.48%
DUOL A 0.45%
BKNG A 0.44%
LPX B 0.43%
CTRE C 0.42%
RMD C 0.4%
JXN C 0.39%
SR A 0.38%
R B 0.38%
CNA C 0.37%
GRMN B 0.37%
OUT A 0.36%
CCL A 0.35%
CDP C 0.34%
RGLD C 0.32%
CNC D 0.31%
PTON A 0.31%
LAMR C 0.31%
J D 0.31%
MPWR F 0.3%
IIPR D 0.28%
APA D 0.25%
NVR D 0.24%
VRTX D 0.23%
MATX C 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%
NTRA A 0.17%
BOX B 0.17%
JAZZ B 0.16%
EXPD C 0.14%
FN C 0.13%
VCTR B 0.12%
VCYT B 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%
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%
FLYW B -0.08%
GNTX C -0.09%
MCW C -0.1%
ABG C -0.1%
ACVA B -0.11%
ENPH F -0.11%
CGON F -0.11%
RBA A -0.12%
FL F -0.12%
PCH F -0.12%
DLR B -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%
AA A -0.14%
CZR F -0.15%
COLD D -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%
XPO B -0.16%
OSK C -0.16%
LGIH F -0.16%
DAR C -0.16%
UHAL D -0.16%
EW C -0.16%
SITE F -0.16%
SW A -0.17%
TEX F -0.17%
TREX C -0.17%
MDGL B -0.17%
LKQ F -0.17%
MASI B -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%
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%
SUM B -0.22%
EQT B -0.23%
PSA C -0.23%
ELF C -0.24%
IONS F -0.24%
GPOR B -0.24%
CELH F -0.24%
LW C -0.25%
KEY B -0.25%
BILL A -0.26%
NEOG F -0.26%
AUR 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%
APLS F -0.3%
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%
COHR B -0.36%
BBIO F -0.36%
ZI D -0.36%
ON D -0.39%
SATS D -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%
CDNS B -0.46%
MRNA F -0.47%
SMCI F -0.47%
RH C -0.47%
CFLT B -0.47%
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%
FSLR F -1.26%
CLSE Underweight 258 Positions Relative to VCLT
Symbol Grade Weight
WIT B -0.21%
EQH C -0.09%
WY F -0.07%
DD C -0.07%
AXP A -0.06%
COST A -0.06%
HPQ B -0.06%
HCA F -0.06%
CARR C -0.06%
CAG F -0.05%
BIIB F -0.05%
TAP C -0.05%
CRM B -0.05%
MS A -0.05%
L A -0.04%
WBA F -0.04%
LIN C -0.04%
NXPI D -0.04%
DT D -0.04%
TJX A -0.04%
GPN B -0.04%
JNPR D -0.04%
BHP F -0.04%
ORI A -0.03%
FTV C -0.03%
FANG C -0.03%
CFG B -0.03%
AAL B -0.03%
STE D -0.03%
WU F -0.03%
WEST C -0.03%
WM B -0.03%
NOV C -0.03%
OHI C -0.03%
LH B -0.03%
LEA F -0.03%
CPT B -0.03%
PKG A -0.03%
RPM A -0.03%
SPGI C -0.03%
CME B -0.03%
RPRX D -0.03%
AMT C -0.03%
AMAT F -0.03%
EBAY D -0.03%
DVN F -0.03%
MDLZ F -0.03%
MAR A -0.03%
ITW B -0.03%
CB C -0.03%
RJF A -0.03%
MUFG B -0.03%
VTRS A -0.03%
PSX C -0.03%
MPLX A -0.03%
ALLY C -0.03%
ABT B -0.03%
WPC C -0.02%
PWR A -0.02%
PECO A -0.02%
SCHW B -0.02%
REGN F -0.02%
CHD A -0.02%
ZBH C -0.02%
FE C -0.02%
FMC D -0.02%
BAX F -0.02%
CMI A -0.02%
CL D -0.02%
OGS A -0.02%
LHX C -0.02%
O C -0.02%
IVZ B -0.02%
HRL D -0.02%
HOG D -0.02%
SBRA C -0.02%
TEL B -0.02%
AFG A -0.02%
CPB D -0.02%
VMI B -0.02%
WHR B -0.02%
AVY F -0.02%
KSS F -0.02%
MKC C -0.02%
NWE B -0.02%
MSI B -0.02%
K A -0.02%
PAA B -0.02%
GWW B -0.02%
KLAC F -0.02%
EMN C -0.02%
ADI D -0.02%
ROK C -0.02%
PH A -0.02%
SYK B -0.02%
MOS F -0.02%
LNC C -0.02%
FIS C -0.02%
VRSK A -0.02%
EG C -0.02%
ES C -0.02%
STZ D -0.02%
OTIS C -0.02%
MCO B -0.02%
AFL B -0.02%
CCI C -0.02%
CP F -0.02%
NI A -0.02%
SWK D -0.02%
DHR F -0.02%
DE B -0.02%
TGT F -0.02%
HES B -0.02%
CVX A -0.02%
DOW F -0.02%
UPS C -0.02%
ECL D -0.02%
MPC D -0.02%
HAL C -0.02%
EPD A -0.02%
PEP F -0.02%
ICE C -0.02%
PM B -0.02%
MA B -0.02%
NOC D -0.02%
IBM C -0.02%
CI D -0.02%
COP C -0.02%
RTX D -0.02%
PFE F -0.02%
XOM B -0.02%
AZN F -0.02%
HSBC A -0.02%
VOD F -0.02%
GSK F -0.02%
V A -0.02%
HIW C -0.01%
FRT B -0.01%
AMH C -0.01%
BXP C -0.01%
BWA D -0.01%
DRI B -0.01%
INGR C -0.01%
IDA A -0.01%
EMR B -0.01%
MAA B -0.01%
LXP D -0.01%
OPI F -0.01%
JD D -0.01%
SIGI C -0.01%
EA A -0.01%
DOC C -0.01%
ADC A -0.01%
FNF B -0.01%
PHM D -0.01%
PFG D -0.01%
PEG A -0.01%
VTR B -0.01%
OGE A -0.01%
ESS B -0.01%
MAS D -0.01%
REG A -0.01%
EE A -0.01%
BKH A -0.01%
SWX B -0.01%
VOYA B -0.01%
SNA A -0.01%
DOV A -0.01%
KRC B -0.01%
KIM A -0.01%
UDR B -0.01%
TT A -0.01%
UAL A -0.01%
IPG D -0.01%
KOF F -0.01%
EOG A -0.01%
WELL A -0.01%
WRB A -0.01%
PLD F -0.01%
SJM D -0.01%
RSG A -0.01%
DTE C -0.01%
HIG B -0.01%
JEF A -0.01%
IFF D -0.01%
HAS D -0.01%
EVRG A -0.01%
ETN A -0.01%
AVB B -0.01%
UNM A -0.01%
WEC A -0.01%
AEP C -0.01%
AEE A -0.01%
AON A -0.01%
ZTS D -0.01%
NNN C -0.01%
NEE C -0.01%
NUE C -0.01%
KDP F -0.01%
HUM C -0.01%
EXC C -0.01%
CNP A -0.01%
CMS C -0.01%
LNT A -0.01%
OC A -0.01%
ACGL C -0.01%
XEL A -0.01%
WLK D -0.01%
PPL A -0.01%
JCI B -0.01%
TRV B -0.01%
TMO F -0.01%
MMC B -0.01%
LLY F -0.01%
HON C -0.01%
FDX B -0.01%
D C -0.01%
CSX C -0.01%
EIX B -0.01%
ED C -0.01%
KMB C -0.01%
ETR B -0.01%
ADM D -0.01%
ARE F -0.01%
SBUX A -0.01%
IP A -0.01%
GIS D -0.01%
KMI A -0.01%
GD D -0.01%
WMB A -0.01%
SHW B -0.01%
LYB F -0.01%
OKE A -0.01%
DUK C -0.01%
MRO B -0.01%
LOW C -0.01%
BSX A -0.01%
CAT B -0.01%
AIG B -0.01%
LMT D -0.01%
ET A -0.01%
SO C -0.01%
SYY D -0.01%
MMM D -0.01%
NKE F -0.01%
MCD D -0.01%
MRK D -0.01%
UNH B -0.01%
DIS B -0.01%
BABA D -0.01%
BDX F -0.01%
PCG A -0.01%
KO D -0.01%
AMGN F -0.01%
CMCSA B -0.01%
VZ C -0.01%
MSFT D -0.01%
GS A -0.01%
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