CLSE vs. WLDR ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Affinity World Leaders Equity ETF (WLDR)

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

$21.94

Average Daily Volume

53,460

Number of Holdings ^*

326

* may have additional holdings in another (foreign) market

WLDR

Affinity World Leaders Equity ETF

WLDR Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the index. The index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S. and may invest in up to 20 countries. It will be significantly invested in the securities of international companies in addition to securities of U.S. companies.

Grade (RS Rating)

Last Trade

$32.80

Average Daily Volume

2,922

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLSE	WLDR
30 Days	2.05%	4.08%
60 Days	4.63%	4.51%
90 Days	1.81%	6.67%
12 Months	37.03%	29.52%

23 Overlapping Holdings

Symbol	Grade	Weight in CLSE	Weight in WLDR	Overlap
APP	C	2.04%	2.16%	2.04%
CAH	C	0.61%	0.99%	0.61%
CAT	B	0.33%	1.01%	0.33%
CNC	D	0.73%	0.79%	0.73%
DOCU	C	1.21%	1.69%	1.21%
IBM	B	1.7%	2.25%	1.7%
JPM	D	0.77%	1.92%	0.77%
KR	C	0.17%	0.76%	0.17%
MCK	F	0.71%	0.96%	0.71%
META	B	3.15%	2.93%	2.93%
MO	C	0.81%	0.72%	0.72%
MPC	F	0.74%	0.59%	0.59%
MRK	D	0.53%	1.28%	0.53%
NTAP	D	1.64%	3.33%	1.64%
RGA	C	0.53%	0.54%	0.53%
RNR	C	-0.22%	0.58%	-0.22%
SPG	B	0.41%	0.44%	0.41%
SYF	C	0.86%	1.02%	0.86%
TOL	B	0.34%	0.46%	0.34%
TSN	C	0.57%	0.5%	0.5%
VLO	F	0.79%	0.56%	0.56%
VST	C	0.53%	0.51%	0.51%
VTRS	D	0.31%	0.88%	0.31%

CLSE Overweight 303 Positions Relative to WLDR

Symbol	Grade	Weight
NVDA	D	4.12%
GOOGL	D	2.93%
QCOM	D	2.58%
AVGO	C	2.58%
AMZN	C	2.5%
AAPL	C	2.26%
WMT	C	2.07%
ANET	B	1.86%
CVLT	B	1.64%
GDDY	C	1.58%
CVNA	B	1.53%
HPE	D	1.52%
GOOG	D	1.22%
ORCL	C	1.22%
HD	B	1.17%
ACIW	B	1.12%
MSFT	C	1.12%
ABBV	C	1.04%
T	C	1.03%
HALO	C	1.03%
MU	F	1.02%
GILD	B	0.98%
AMG	C	0.98%
PYPL	B	0.98%
JNJ	C	0.96%
SNEX	B	0.95%
OGN	D	0.92%
JHG	B	0.92%
NTRS	A	0.91%
AVT	C	0.88%
UHS	B	0.87%
THC	A	0.85%
AMRX	B	0.85%
NTNX	C	0.84%
DVA	B	0.82%
EME	B	0.81%
SEIC	C	0.81%
PG	C	0.81%
BAC	D	0.81%
MLI	A	0.75%
FTDR	B	0.75%
BG	D	0.72%
PPC	D	0.72%
JXN	A	0.72%
UMBF	B	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%
STRL	B	0.6%
VRT	C	0.59%
MUSA	D	0.59%
TSLA	C	0.59%
XOM	C	0.58%
CFG	C	0.57%
UNP	C	0.57%
PATK	B	0.55%
WFC	D	0.55%
AMGN	B	0.55%
PNW	C	0.55%
PGR	B	0.55%
NEE	C	0.55%
MTZ	B	0.54%
LMT	C	0.54%
GM	C	0.54%
PRIM	B	0.54%
AVA	C	0.54%
MET	B	0.54%
NRG	C	0.54%
SLVM	B	0.53%
MWA	B	0.53%
HRB	C	0.53%
EXPE	C	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%
NSA	B	0.48%
KLAC	D	0.47%
LNTH	D	0.46%
EEFT	D	0.45%
EQR	B	0.44%
RGLD	C	0.43%
REZI	D	0.43%
ACT	B	0.42%
LAMR	B	0.41%
KMB	D	0.4%
SAIC	C	0.4%
MRO	C	0.39%
SCCO	D	0.39%
LDOS	B	0.38%
FCX	D	0.38%
J	C	0.36%
CTRE	C	0.36%
BCO	B	0.36%
DVN	F	0.35%
GRMN	D	0.35%
KNF	B	0.35%
ABM	D	0.34%
STAG	C	0.33%
GLW	C	0.32%
JLL	B	0.32%
ALSN	B	0.32%
ANF	D	0.32%
NFLX	B	0.31%
SM	F	0.31%
EXP	B	0.31%
NVR	B	0.3%
IBP	D	0.27%
CPNG	B	0.26%
BKNG	C	0.25%
CCL	C	0.24%
ADUS	B	0.15%
SPOT	B	0.13%
ALNY	C	0.12%
NTRA	C	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	D	-0.08%
AES	C	-0.08%
AGL	F	-0.09%
NXST	D	-0.09%
VAC	F	-0.1%
DRVN	C	-0.1%
HGV	F	-0.1%
WOR	D	-0.1%
AWR	B	-0.1%
WTW	C	-0.1%
MCW	F	-0.1%
VMC	D	-0.11%
HHH	C	-0.11%
CC	F	-0.11%
ACVA	B	-0.11%
DRI	B	-0.11%
TXG	D	-0.11%
VFC	C	-0.12%
VAL	F	-0.12%
AAL	D	-0.12%
PGNY	F	-0.12%
AA	D	-0.12%
CGON	C	-0.12%
BC	C	-0.13%
VSAT	F	-0.14%
PPBI	D	-0.14%
CHK	D	-0.15%
RBLX	B	-0.15%
EXR	B	-0.15%
AESI	C	-0.15%
PYCR	D	-0.15%
CG	D	-0.15%
DAY	D	-0.15%
MTN	D	-0.15%
UHAL	A	-0.16%
CLDX	C	-0.16%
PCH	C	-0.16%
WTRG	D	-0.16%
BIRK	F	-0.16%
KRG	B	-0.16%
ILMN	C	-0.16%
WAL	B	-0.16%
UEC	D	-0.17%
VNO	B	-0.17%
GTLS	F	-0.17%
SJM	C	-0.17%
ENOV	D	-0.18%
KNSL	C	-0.18%
XPO	D	-0.18%
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	D	-0.19%
LAD	D	-0.19%
COTY	F	-0.2%
COLB	B	-0.2%
TMDX	C	-0.2%
CINF	B	-0.2%
EL	F	-0.2%
TFC	C	-0.2%
LKQ	F	-0.2%
AVAV	C	-0.2%
WOLF	F	-0.2%
AJG	D	-0.21%
LUV	C	-0.21%
GPOR	D	-0.21%
SOFI	C	-0.21%
BX	B	-0.21%
SHC	C	-0.22%
IRTC	F	-0.22%
CNX	B	-0.22%
DXCM	F	-0.22%
RBA	B	-0.22%
WBA	F	-0.22%
CIEN	C	-0.22%
AEIS	D	-0.23%
TTD	B	-0.23%
WTM	D	-0.23%
SW	B	-0.23%
IPAR	F	-0.23%
XYL	C	-0.23%
DLTR	F	-0.23%
FDS	C	-0.23%
PTEN	F	-0.24%
SUM	D	-0.24%
BIO	C	-0.24%
OKE	B	-0.24%
AGCO	D	-0.24%
MS	D	-0.25%
VSH	F	-0.25%
WAT	C	-0.25%
ALB	D	-0.26%
AL	D	-0.26%
APD	B	-0.26%
SITE	C	-0.26%
FLYW	F	-0.26%
EQT	D	-0.26%
WSC	D	-0.26%
CSCO	C	-0.27%
VVV	D	-0.27%
GT	F	-0.27%
HASI	C	-0.27%
CELH	F	-0.28%
HSY	C	-0.28%
NEOG	D	-0.29%
GMED	D	-0.29%
LW	D	-0.29%
APLS	F	-0.29%
FIVN	F	-0.3%
MNST	D	-0.31%
O	C	-0.31%
INSP	C	-0.31%
RVMD	C	-0.32%
ENPH	D	-0.32%
PEN	D	-0.32%
REGN	C	-0.32%
FOUR	C	-0.33%
SRE	C	-0.33%
EVTC	D	-0.33%
RGEN	F	-0.33%
EXAS	C	-0.34%
IAC	C	-0.34%
TOST	C	-0.34%
D	C	-0.34%
LPLA	D	-0.35%
MARA	F	-0.35%
ZI	D	-0.36%
ADBE	F	-0.36%
GE	B	-0.36%
LVS	D	-0.36%
ON	D	-0.36%
KLIC	F	-0.36%
LYV	B	-0.36%
AFRM	C	-0.36%
NDAQ	A	-0.36%
WBD	D	-0.38%
RIOT	F	-0.38%
BBIO	D	-0.38%
BA	F	-0.38%
PATH	D	-0.39%
SATS	C	-0.4%
BRZE	F	-0.4%
MKTX	C	-0.4%
RIVN	F	-0.41%
CCOI	C	-0.43%
CGNX	F	-0.43%
FIVE	D	-0.45%
TTWO	C	-0.47%
ZBRA	B	-0.48%
C	C	-0.48%
GLOB	D	-0.48%
GFS	F	-0.48%
LSCC	D	-0.5%
MDB	D	-0.5%
MCHP	F	-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	F	-0.58%
FND	C	-0.59%
U	D	-0.6%
LITE	B	-0.69%
TXN	C	-0.85%
INTC	F	-0.93%

CLSE Underweight 47 Positions Relative to WLDR

Symbol	Grade	Weight
HPQ	D	-3.53%
AMAT	D	-2.88%
AZO	D	-2.59%
DELL	D	-2.57%
EBAY	B	-2.16%
SSNC	B	-2.14%
WSM	D	-2.1%
CTSH	C	-1.98%
VZ	B	-1.53%
CMCSA	D	-1.39%
OMC	B	-1.31%
BRK.A	C	-1.3%
CARR	B	-1.16%
BK	B	-1.14%
EMN	B	-1.05%
HCA	B	-1.01%
ELV	C	-1.01%
CI	C	-0.92%
TEVA	C	-0.87%
TROW	D	-0.83%
RCL	B	-0.78%
PCAR	D	-0.75%
ACI	F	-0.68%
FANG	D	-0.62%
ALL	B	-0.6%
HMC	D	-0.6%
PSX	F	-0.58%
ETR	B	-0.58%
EVRG	B	-0.56%
CNM	F	-0.56%
UAL	C	-0.55%
CCEP	B	-0.53%
AER	B	-0.52%
URI	B	-0.51%
DAL	C	-0.49%
PHM	B	-0.49%
HOOD	C	-0.49%
LEN	B	-0.49%
MGM	F	-0.48%
VICI	C	-0.44%
DOC	C	-0.42%
STLA	F	-0.41%
F	F	-0.37%
TAP	D	-0.37%
HST	C	-0.32%
RS	D	-0.22%
STLD	F	-0.22%