CLSE vs. ZZZ ETF Comparison

Comparison of Convergence Long/Short Equity ETF (CLSE) to Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)
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

66,024

Number of Holdings *

337

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

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

ZZZ Description ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.

Grade (RS Rating)

Last Trade

$28.27

Average Daily Volume

709

Number of Holdings *

480

* may have additional holdings in another (foreign) market
Performance
Period CLSE ZZZ
30 Days 4.69% 13.77%
60 Days 6.81% 12.62%
90 Days 9.38% 13.76%
12 Months 39.93%
136 Overlapping Holdings
Symbol Grade Weight in CLSE Weight in ZZZ Overlap
AAPL C 0.83% 3.67% 0.83%
ABBV D 0.72% 0.32% 0.32%
ABNB C -0.34% 0.06% -0.34%
AES F -0.08% 0.01% -0.08%
AJG B -0.17% 0.07% -0.17%
ALB C -0.16% 0.01% -0.16%
ALL A 0.45% 0.07% 0.07%
AMZN C 2.53% 2.04% 2.04%
ANET C 1.83% 0.08% 0.08%
APA D 0.25% 0.01% 0.01%
APD A -0.15% 0.07% -0.15%
APH A 0.67% 0.09% 0.09%
APTV D -0.32% 0.02% -0.32%
ATO A -0.1% 0.02% -0.1%
AVGO D 2.28% 0.76% 0.76%
AWK D -0.26% 0.03% -0.26%
BA F -0.4% 0.1% -0.4%
BAC A 0.81% 0.36% 0.36%
BEN C -0.36% 0.01% -0.36%
BLK C 0.65% 0.12% 0.12%
BMY B 1.11% 0.13% 0.13%
C A -0.19% 0.15% -0.19%
CAH B 0.86% 0.03% 0.03%
CCL B 0.35% 0.03% 0.03%
CDNS B -0.46% 0.1% -0.46%
CF B 0.37% 0.02% 0.02%
CHRW C 0.61% 0.01% 0.01%
CHTR C -0.48% 0.04% -0.48%
CINF A 0.12% 0.03% 0.03%
CMA A 0.71% 0.01% 0.01%
CNC D 0.31% 0.03% 0.03%
COR B 0.86% 0.05% 0.05%
CRL C -0.15% 0.02% -0.15%
CSCO B -0.52% 0.26% -0.52%
CVS D 0.29% 0.08% 0.08%
CZR F -0.15% 0.01% -0.15%
DAY B -0.14% 0.02% -0.14%
DG F -0.4% 0.02% -0.4%
DLR B -0.13% 0.06% -0.13%
DLTR F -0.41% 0.01% -0.41%
DVA B 0.78% 0.02% 0.02%
DXCM D -0.63% 0.03% -0.63%
EL F -0.12% 0.01% -0.12%
ENPH F -0.11% 0.01% -0.11%
EQIX A -0.14% 0.1% -0.14%
EQR B 0.35% 0.03% 0.03%
EQT B -0.23% 0.02% -0.23%
EW C -0.16% 0.05% -0.16%
EXPD D 0.14% 0.01% 0.01%
EXPE B 0.61% 0.02% 0.02%
EXR D -0.13% 0.04% -0.13%
FFIV B 0.6% 0.03% 0.03%
FITB A 0.78% 0.04% 0.04%
FOXA B 0.14% 0.01% 0.01%
FSLR F -1.26% 0.02% -1.26%
GE D -0.46% 0.22% -0.46%
GEN B 0.68% 0.02% 0.02%
GILD C 1.07% 0.12% 0.12%
GLW B 0.52% 0.04% 0.04%
GM B 0.87% 0.09% 0.09%
GOOG C 0.49% 0.97% 0.49%
GOOGL C 3.47% 1.13% 1.13%
GRMN B 0.37% 0.05% 0.05%
HD A 1.13% 0.46% 0.46%
HPE B 1.92% 0.03% 0.03%
HSY F -0.24% 0.02% -0.24%
ILMN D 0.1% 0.03% 0.03%
INCY C 0.07% 0.02% 0.02%
INTC D -0.93% 0.12% -0.93%
J F 0.31% 0.02% 0.02%
JNJ D 0.83% 0.42% 0.42%
JPM A 0.64% 0.8% 0.64%
KEY B -0.25% 0.02% -0.25%
KR B 0.17% 0.05% 0.05%
LDOS C 0.55% 0.02% 0.02%
LKQ D -0.17% 0.01% -0.17%
LRCX F 0.0% 0.08% 0.0%
LW C -0.25% 0.01% -0.25%
LYV A -0.3% 0.01% -0.3%
MCHP D -0.63% 0.04% -0.63%
MDT D 0.29% 0.13% 0.13%
MET A 0.52% 0.06% 0.06%
META D 3.3% 1.35% 1.35%
MLM B -0.13% 0.07% -0.13%
MNST C -0.28% 0.04% -0.28%
MO A 0.79% 0.11% 0.11%
MRNA F -0.47% 0.01% -0.47%
MSCI C -0.27% 0.07% -0.27%
MU D 2.13% 0.12% 0.12%
NDAQ A -0.3% 0.03% -0.3%
NEM D 0.22% 0.05% 0.05%
NFLX A 0.79% 0.38% 0.38%
NRG B 0.71% 0.02% 0.02%
NSC B -0.1% 0.06% -0.1%
NTAP C 1.0% 0.03% 0.03%
NTRS A 1.08% 0.02% 0.02%
NVDA C 4.61% 3.81% 3.81%
NWS B -0.57% 0.0% -0.57%
ON D -0.39% 0.03% -0.39%
ORCL B 1.33% 0.33% 0.33%
PG A 0.45% 0.44% 0.44%
PGR A 0.46% 0.17% 0.17%
PNC B 0.72% 0.09% 0.09%
PNW B 0.48% 0.01% 0.01%
PRU A 0.13% 0.06% 0.06%
PSA D -0.23% 0.08% -0.23%
PYPL B 1.33% 0.1% 0.1%
QCOM F 1.73% 0.2% 0.2%
RF A 0.72% 0.03% 0.03%
RMD C 0.4% 0.03% 0.03%
ROP B -0.7% 0.06% -0.7%
SNPS B -0.44% 0.12% -0.44%
SPG B 0.37% 0.06% 0.06%
SRE A -0.2% 0.06% -0.2%
STLD B -0.13% 0.03% -0.13%
SW A -0.17% 0.02% -0.17%
SYF B 1.11% 0.03% 0.03%
T A 0.29% 0.18% 0.18%
TMUS B 0.7% 0.13% 0.13%
TSLA B 1.22% 0.92% 0.92%
TSN B 0.6% 0.02% 0.02%
TTWO A -0.43% 0.04% -0.43%
TXN C -0.81% 0.21% -0.81%
UHS D 0.7% 0.02% 0.02%
UNP C 0.47% 0.16% 0.16%
VLO C 0.29% 0.05% 0.05%
VMC B -0.13% 0.03% -0.13%
VRTX F 0.23% 0.16% 0.16%
WBD C -0.43% 0.02% -0.43%
WDC D -0.65% 0.02% -0.65%
WFC A 0.75% 0.3% 0.3%
WMT A 1.82% 0.4% 0.4%
WST C -0.59% 0.03% -0.59%
XYL D -0.23% 0.03% -0.23%
ZBRA B -0.34% 0.04% -0.34%
ZION B 0.71% 0.01% 0.01%
CLSE Overweight 201 Positions Relative to ZZZ
Symbol Grade Weight
APP B 2.25%
CVNA B 1.85%
IDCC A 1.51%
GDDY A 1.42%
CVLT B 1.4%
DOCU A 1.37%
ACIW B 1.3%
JHG A 1.21%
NTNX A 1.16%
SNEX B 1.06%
PLTR B 1.02%
LNG B 0.97%
SEIC B 0.95%
HALO F 0.9%
AMRX C 0.9%
BFH B 0.88%
PPC C 0.85%
GVA A 0.84%
MLI C 0.84%
CARG C 0.83%
PRIM A 0.8%
THC D 0.78%
IESC B 0.77%
CPNG D 0.77%
EME C 0.75%
CNX A 0.74%
FTI A 0.74%
UTHR C 0.73%
STRL B 0.71%
CEIX A 0.7%
VRT B 0.68%
UMBF B 0.66%
ALSN B 0.66%
MTZ B 0.66%
AVT C 0.66%
MWA B 0.65%
FTDR A 0.58%
AMG B 0.58%
VST B 0.55%
RGA A 0.55%
SLVM B 0.5%
UI A 0.49%
EXP A 0.48%
CACI D 0.48%
AVA A 0.47%
DUOL A 0.45%
BKNG A 0.44%
LPX B 0.43%
CTRE D 0.42%
SCCO F 0.41%
JXN C 0.39%
SR A 0.38%
R B 0.38%
CNA B 0.37%
OUT A 0.36%
CDP C 0.34%
RGLD C 0.32%
PTON B 0.31%
LAMR D 0.31%
MPWR F 0.3%
IIPR D 0.28%
NVR D 0.24%
MATX C 0.22%
TOL B 0.22%
EEFT B 0.22%
FLR B 0.21%
JLL D 0.2%
MUSA A 0.2%
ABM B 0.19%
BAH F 0.18%
NTRA B 0.17%
BOX B 0.17%
JAZZ B 0.16%
FN D 0.13%
VCTR B 0.12%
VCYT B 0.12%
CDE D 0.11%
AEIS B 0.07%
HQY B 0.07%
QQQ B 0.0%
LNTH D 0.0%
PENN C -0.05%
KNX B -0.06%
HGV B -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 C -0.08%
GNTX C -0.09%
JBLU F -0.09%
MCW B -0.1%
ABG B -0.1%
ACVA B -0.11%
CGON F -0.11%
RBA A -0.12%
FL F -0.12%
PCH D -0.12%
AVAV D -0.13%
ALIT C -0.13%
BPOP B -0.14%
PYCR C -0.14%
REXR F -0.14%
ARWR F -0.14%
MKL A -0.14%
AA B -0.14%
COLD D -0.15%
GTLS B -0.15%
RNR C -0.15%
DRVN B -0.15%
NARI C -0.16%
FIVN C -0.16%
BHF B -0.16%
XPO B -0.16%
OSK B -0.16%
LGIH D -0.16%
DAR C -0.16%
UHAL D -0.16%
AGO B -0.16%
SITE D -0.16%
TEX D -0.17%
TREX C -0.17%
MDGL B -0.17%
MASI A -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 A -0.21%
WTM A -0.21%
PRCT B -0.22%
BANC A -0.22%
MTN C -0.22%
SAIA B -0.22%
SUM B -0.22%
WTRG B -0.24%
ELF C -0.24%
IONS F -0.24%
GPOR B -0.24%
CELH F -0.24%
DELL C -0.25%
BILL A -0.26%
NEOG F -0.26%
AUR C -0.26%
VAL D -0.27%
FOUR B -0.27%
STNE F -0.27%
TEAM A -0.27%
PTEN C -0.27%
SOFI A -0.28%
ESTC C -0.29%
MDB C -0.29%
XP F -0.29%
MKTX D -0.29%
CYTK F -0.3%
APLS D -0.3%
GTLB B -0.32%
VVV F -0.33%
CCOI B -0.33%
LPLA A -0.34%
INSP D -0.34%
FCNCA A -0.35%
APO B -0.35%
AFRM B -0.35%
CACC D -0.36%
COHR B -0.36%
BBIO F -0.36%
ZI D -0.36%
SATS D -0.4%
RBLX C -0.41%
PINS D -0.41%
U C -0.41%
RIVN F -0.42%
ALGM D -0.45%
DV C -0.45%
CGNX C -0.45%
SMCI F -0.47%
RH B -0.47%
CFLT B -0.47%
FND C -0.53%
BRZE C -0.56%
FIVE F -0.56%
LITE B -0.6%
POOL C -0.61%
LSCC D -0.7%
CLSE Underweight 344 Positions Relative to ZZZ
Symbol Grade Weight
MSFT F -3.4%
BRK.A B -0.95%
UNH C -0.6%
XOM B -0.6%
LLY F -0.59%
V A -0.56%
MA C -0.47%
COST B -0.41%
CRM B -0.36%
CVX A -0.31%
MRK F -0.27%
KO D -0.26%
PEP F -0.25%
AMD F -0.25%
LIN D -0.25%
ACN C -0.24%
TMO F -0.23%
NOW A -0.23%
INTU C -0.23%
MCD D -0.23%
DIS B -0.23%
CAT B -0.22%
PM B -0.22%
ABT B -0.22%
ADBE C -0.22%
IBM C -0.21%
GS A -0.2%
VZ C -0.2%
RTX C -0.19%
AXP A -0.19%
CMCSA B -0.19%
ISRG A -0.18%
HON B -0.18%
MS A -0.18%
LOW D -0.18%
SPGI C -0.17%
NEE D -0.17%
DHR F -0.16%
UBER D -0.16%
PFE D -0.16%
AMGN D -0.16%
ETN A -0.16%
TJX A -0.15%
COP C -0.15%
AMAT F -0.15%
DE A -0.14%
ORLY B -0.14%
SCHW B -0.14%
TDG D -0.14%
BSX B -0.14%
FI A -0.14%
BX A -0.14%
MMC B -0.13%
CB C -0.13%
PANW C -0.13%
SYK C -0.13%
ADP B -0.13%
PLD D -0.12%
ADI D -0.12%
LMT D -0.12%
SBUX A -0.12%
MCO B -0.11%
UPS C -0.11%
ICE C -0.11%
CI F -0.11%
SO D -0.11%
MSI B -0.11%
AMT D -0.11%
CTAS B -0.1%
WM A -0.1%
ZTS D -0.1%
NKE D -0.1%
DUK C -0.1%
CME A -0.1%
CL D -0.09%
USB A -0.09%
AON A -0.09%
REGN F -0.09%
EMR A -0.09%
TGT F -0.09%
ELV F -0.09%
ITW B -0.09%
TT A -0.09%
EOG A -0.09%
MDLZ F -0.09%
URI B -0.09%
HCA F -0.08%
BDX F -0.08%
OKE A -0.08%
WELL A -0.08%
CEG D -0.08%
PH A -0.08%
WMB A -0.08%
CSX B -0.08%
GEV B -0.08%
COF B -0.08%
ECL D -0.08%
HLT A -0.08%
SHW A -0.08%
JCI C -0.07%
FDX B -0.07%
CARR D -0.07%
AXON A -0.07%
ADSK A -0.07%
TFC A -0.07%
SLB C -0.07%
FCX D -0.07%
MCK B -0.07%
KLAC D -0.07%
BK A -0.07%
MPC D -0.07%
MMM D -0.07%
NXPI D -0.07%
FAST B -0.06%
CPRT A -0.06%
IT C -0.06%
PSX C -0.06%
TRV B -0.06%
KMI A -0.06%
FIS C -0.06%
AIG B -0.06%
FTNT C -0.06%
PCAR B -0.06%
AFL B -0.06%
MAR B -0.06%
AMP A -0.06%
GD F -0.06%
YUM B -0.05%
OTIS C -0.05%
KVUE A -0.05%
IR B -0.05%
KMB D -0.05%
RSG A -0.05%
CCI D -0.05%
IDXX F -0.05%
ROST C -0.05%
PAYX C -0.05%
ODFL B -0.05%
MTB A -0.05%
BKR B -0.05%
F C -0.05%
HES B -0.05%
PCG A -0.05%
HUBB B -0.05%
PEG A -0.05%
HWM A -0.05%
D C -0.05%
RCL A -0.05%
STZ D -0.05%
AEP D -0.05%
DHI D -0.05%
NOC D -0.05%
LHX C -0.05%
KDP D -0.04%
WTW B -0.04%
VICI C -0.04%
RJF A -0.04%
DD D -0.04%
EA A -0.04%
PWR A -0.04%
GEHC F -0.04%
LEN D -0.04%
ANSS B -0.04%
EIX B -0.04%
HPQ B -0.04%
IRM D -0.04%
DFS B -0.04%
GPN B -0.04%
XEL A -0.04%
HIG B -0.04%
WAT B -0.04%
OXY D -0.04%
SNA A -0.04%
FANG D -0.04%
CMI A -0.04%
CPAY A -0.04%
GIS D -0.04%
SYY B -0.04%
DAL C -0.04%
A D -0.04%
IQV D -0.04%
CTSH B -0.04%
AME A -0.04%
ACGL D -0.04%
WAB B -0.04%
EXC C -0.04%
O D -0.04%
CBRE B -0.04%
TRGP B -0.04%
CTVA C -0.04%
FTV C -0.03%
ZBH C -0.03%
IEX B -0.03%
BR A -0.03%
AVB B -0.03%
ALGN D -0.03%
DVN F -0.03%
CFG B -0.03%
EPAM C -0.03%
TROW B -0.03%
PPL B -0.03%
PKG A -0.03%
LH C -0.03%
DTE C -0.03%
K A -0.03%
EFX F -0.03%
PPG F -0.03%
KHC F -0.03%
HBAN A -0.03%
LYB F -0.03%
NDSN B -0.03%
VTR C -0.03%
PHM D -0.03%
IFF D -0.03%
PODD C -0.03%
ADM D -0.03%
UAL A -0.03%
HUM C -0.03%
HAL C -0.03%
TSCO D -0.03%
AEE A -0.03%
VRSK A -0.03%
ROK B -0.03%
STT A -0.03%
ED D -0.03%
MOH F -0.03%
CSGP D -0.03%
NUE C -0.03%
WEC A -0.03%
ETR B -0.03%
ESS B -0.03%
KEYS A -0.03%
EBAY D -0.03%
LULU C -0.03%
DOW F -0.03%
UDR B -0.02%
TECH D -0.02%
MHK D -0.02%
ALLE D -0.02%
TRMB B -0.02%
AMCR D -0.02%
NI A -0.02%
REG B -0.02%
MKC D -0.02%
ROL B -0.02%
KIM A -0.02%
MAS D -0.02%
KMX B -0.02%
VTRS A -0.02%
HOLX D -0.02%
BIIB F -0.02%
MAA B -0.02%
DGX A -0.02%
DRI B -0.02%
BAX D -0.02%
TXT D -0.02%
SWKS F -0.02%
L A -0.02%
CLX B -0.02%
JKHY D -0.02%
PFG D -0.02%
SWK D -0.02%
IP B -0.02%
MRO B -0.02%
CDW F -0.02%
BBY D -0.02%
BLDR D -0.02%
VRSN F -0.02%
GNRC B -0.02%
WRB A -0.02%
BALL D -0.02%
CTRA B -0.02%
JBHT C -0.02%
LNT A -0.02%
ES D -0.02%
CNP B -0.02%
PTC A -0.02%
LUV C -0.02%
STX D -0.02%
OMC C -0.02%
LVS C -0.02%
AVY D -0.02%
DOV A -0.02%
INVH D -0.02%
CMS C -0.02%
VLTO D -0.02%
CBOE B -0.02%
TER D -0.02%
FE C -0.02%
ARE D -0.02%
PNR A -0.02%
STE F -0.02%
WY D -0.02%
BRO B -0.02%
CHD B -0.02%
AIZ A -0.02%
SBAC D -0.02%
ETSY D -0.01%
PARA C -0.01%
FMC D -0.01%
VFC C -0.01%
WBA F -0.01%
HAS D -0.01%
BBWI D -0.01%
QRVO F -0.01%
SOLV C -0.01%
BWA D -0.01%
IVZ B -0.01%
AOS F -0.01%
CE F -0.01%
RHI B -0.01%
HSIC B -0.01%
MOS F -0.01%
BXP D -0.01%
AAL B -0.01%
AKAM D -0.01%
CPB D -0.01%
HRL D -0.01%
WYNN D -0.01%
BG F -0.01%
MTCH D -0.01%
EMN D -0.01%
DOC D -0.01%
NCLH B -0.01%
JNPR F -0.01%
RVTY F -0.01%
GL B -0.01%
IPG D -0.01%
SJM D -0.01%
MGM D -0.01%
WHR B -0.01%
FRT B -0.01%
TPR B -0.01%
NWSA B -0.01%
CTLT B -0.01%
CPT B -0.01%
HST C -0.01%
TAP C -0.01%
GPC D -0.01%
EVRG A -0.01%
JBL B -0.01%
CAG D -0.01%
XRAY F -0.0%
FOX A -0.0%
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