CVY vs. CLSE ETF Comparison

Comparison of Guggenheim Multi-Asset Income ETF (CVY) to Convergence Long/Short Equity ETF (CLSE)

CVY

Guggenheim Multi-Asset Income ETF

CVY Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Zacks Multi-Asset Income Index. The fund invests at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. The Zacks Multi-Asset Income Index is comprised of approximately 149 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The securities comprising the index include stocks of small and medium-sized companies.

Grade (RS Rating)

Last Trade

$26.35

Average Daily Volume

6,648

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

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

Performance

Period	CVY	CLSE
30 Days	0.47%	4.15%
60 Days	3.07%	9.66%
90 Days	2.93%	10.02%
12 Months	22.73%	40.83%

25 Overlapping Holdings

Symbol	Grade	Weight in CVY	Weight in CLSE	Overlap
AVT	C	0.68%	0.7%	0.68%
BAC	A	1.12%	0.78%	0.78%
BC	D	0.7%	-0.09%	-0.09%
BPOP	C	0.65%	-0.14%	-0.14%
CF	B	1.0%	0.36%	0.36%
CNH	D	0.74%	-0.16%	-0.16%
CTRE	C	0.71%	0.42%	0.42%
CVS	F	1.05%	0.29%	0.29%
EXR	D	0.88%	-0.14%	-0.14%
JPM	A	1.1%	0.62%	0.62%
JXN	C	0.86%	0.62%	0.62%
KR	A	1.11%	0.17%	0.17%
LAMR	D	0.93%	0.31%	0.31%
MPC	D	0.9%	0.45%	0.45%
NOG	B	0.67%	-0.23%	-0.23%
NSA	D	0.55%	0.15%	0.15%
OUT	B	0.4%	0.34%	0.34%
R	B	0.75%	0.37%	0.37%
SEE	C	0.7%	0.11%	0.11%
SLVM	C	0.4%	0.57%	0.4%
SPG	A	1.01%	0.37%	0.37%
SYF	B	1.35%	1.08%	1.08%
T	A	0.6%	0.53%	0.53%
VLO	C	0.96%	0.47%	0.47%
WFC	A	1.26%	0.72%	0.72%

CVY Overweight 103 Positions Relative to CLSE

Symbol	Grade	Weight
BBAR	B	1.58%
ARLP	A	1.42%
EQH	B	1.18%
CRBG	C	1.13%
BSM	B	1.11%
JPC	A	1.09%
SLG	C	1.09%
PDI	D	1.09%
MPW	F	1.05%
OHI	C	1.04%
ECC	D	1.04%
M	C	1.02%
WES	C	0.99%
EOG	A	0.97%
VTRS	B	0.97%
CIG	C	0.96%
HAL	C	0.95%
OVV	C	0.95%
EG	D	0.93%
ET	A	0.93%
PSX	C	0.93%
MPLX	A	0.93%
AGNC	C	0.89%
DINO	D	0.88%
DVN	F	0.88%
CIVI	D	0.88%
ADM	F	0.86%
PBR	D	0.85%
APA	F	0.85%
EWBC	B	0.85%
UNM	A	0.84%
BG	D	0.84%
CIB	D	0.83%
BP	F	0.83%
GLP	A	0.82%
TGNA	B	0.82%
SPH	D	0.81%
UMC	F	0.8%
EPD	A	0.79%
VOYA	B	0.79%
SLM	A	0.76%
ONB	B	0.75%
PAA	C	0.75%
PDO	D	0.75%
HP	C	0.72%
SUN	F	0.7%
MGY	B	0.7%
AXS	A	0.7%
WGO	B	0.67%
E	F	0.67%
MTG	C	0.65%
PBF	F	0.62%
RPRX	F	0.61%
MUR	D	0.57%
TTE	F	0.54%
LEA	F	0.54%
ACP	A	0.54%
STNG	F	0.52%
DSL	D	0.48%
XFLT	A	0.48%
BBVA	F	0.48%
HIW	D	0.47%
QFIN	C	0.47%
OGN	F	0.46%
VVR	D	0.41%
GEL	D	0.41%
HEES	B	0.4%
CATY	B	0.39%
BOKF	B	0.38%
HWC	B	0.38%
IBOC	B	0.38%
CNO	B	0.38%
BCH	D	0.37%
AKR	B	0.36%
PRDO	B	0.36%
KFY	B	0.36%
AGRO	C	0.35%
CMRE	B	0.34%
FBP	B	0.34%
LZB	B	0.33%
RES	F	0.33%
OFG	B	0.33%
SAH	B	0.33%
GSL	F	0.32%
NAVI	D	0.32%
OTTR	C	0.32%
PAG	B	0.31%
RDN	C	0.31%
FFC	D	0.28%
ING	F	0.27%
BGB	B	0.26%
LYG	D	0.25%
DLY	D	0.25%
EMD	D	0.22%
NHI	D	0.22%
ASC	F	0.22%
BCS	B	0.21%
ISD	C	0.21%
HIO	C	0.2%
ARDC	C	0.18%
CSR	B	0.15%
NBB	D	0.12%
EAD	D	0.12%

CVY Underweight 312 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	A	-4.52%
GOOGL	C	-3.45%
META	B	-3.33%
APP	B	-2.93%
AVGO	C	-2.43%
AMZN	A	-2.42%
MU	D	-2.37%
HPE	B	-1.96%
ANET	C	-1.92%
CVNA	B	-1.88%
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%
AAPL	C	-1.12%
GILD	B	-1.11%
NTRS	A	-1.06%
SNEX	B	-1.06%
TSLA	B	-1.04%
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%
MO	A	-0.76%
CAH	B	-0.76%
EME	B	-0.76%
NFLX	A	-0.75%
DVA	C	-0.75%
FITB	A	-0.75%
COR	B	-0.75%
NRG	C	-0.74%
STRL	B	-0.74%
CPNG	B	-0.73%
ALNY	D	-0.71%
UHS	D	-0.71%
CEIX	B	-0.71%
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%
IBM	D	-0.62%
MPWR	F	-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%
TMUS	A	-0.56%
XOM	B	-0.56%
TSN	B	-0.55%
CACI	C	-0.55%
UNP	D	-0.53%
RGA	A	-0.53%
VST	B	-0.52%
MET	C	-0.51%
GOOG	C	-0.49%
EXP	B	-0.48%
PNW	A	-0.48%
AVA	C	-0.46%
PGR	A	-0.46%
ALL	B	-0.45%
CNA	C	-0.44%
GLW	B	-0.44%
FFIV	B	-0.44%
PG	C	-0.44%
SCCO	F	-0.43%
RMD	C	-0.43%
PM	B	-0.42%
LPX	A	-0.42%
UI	B	-0.38%
BKNG	A	-0.37%
SR	C	-0.36%
J	D	-0.35%
DUOL	A	-0.34%
PTON	C	-0.34%
RGLD	C	-0.34%
CCL	B	-0.34%
EQR	C	-0.34%
NEM	F	-0.32%
CNC	F	-0.31%
MDT	D	-0.3%
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%
BAH	C	-0.17%
SQ	B	-0.15%
MRK	F	-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%
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%
LRCX	F	-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%
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%
AGO	B	--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%
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%
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%
MSCI	B	--0.26%
LW	B	--0.26%
TEAM	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%
BILL	B	--0.29%
ESTC	C	--0.29%
GT	C	--0.29%
MKTX	C	--0.3%
XP	F	--0.3%
NDAQ	B	--0.3%
MDB	C	--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%
DG	F	--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%
GE	D	--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%
CFLT	B	--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%
TXN	B	--0.87%
LITE	B	--0.88%
INTC	C	--0.99%
FSLR	F	--1.21%