CZA vs. CLSE ETF Comparison

Comparison of Guggenheim Mid-Cap Core ETF (CZA) to Convergence Long/Short Equity ETF (CLSE)

CZA

Guggenheim Mid-Cap Core ETF

CZA Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an index called the Zacks Mid-Cap Core Index. The fund will invest at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. It generally invests in all of the securities comprising the index in proportion to their weightings in the index. The index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization securities including MLPs, ADRs and BDCs.

Grade (RS Rating)

Last Trade

$102.63

Average Daily Volume

4,166

Number of Holdings ^*

* 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

$20.84

Average Daily Volume

53,770

Number of Holdings ^*

325

* may have additional holdings in another (foreign) market

Performance

Period	CZA	CLSE
30 Days	4.89%	2.36%
60 Days	6.05%	-3.65%
90 Days	4.74%	-1.04%
12 Months	19.76%	29.76%

12 Overlapping Holdings

Symbol	Grade	Weight in CZA	Weight in CLSE	Overlap
ALSN	B	0.54%	0.53%	0.53%
CINF	B	1.44%	-0.2%	-0.2%
CNA	B	0.95%	0.52%	0.52%
EQR	B	1.92%	0.43%	0.43%
J	C	1.29%	0.3%	0.3%
LDOS	B	1.43%	0.38%	0.38%
LPLA	D	1.14%	-0.33%	-0.33%
NTRS	B	1.25%	0.94%	0.94%
RNR	A	0.9%	-0.23%	-0.23%
SEIC	D	0.61%	0.82%	0.61%
WRB	B	1.53%	0.57%	0.57%
WTW	A	2.02%	-0.1%	-0.1%

CZA Overweight 81 Positions Relative to CLSE

Symbol	Grade	Weight
HIG	B	2.3%
AVB	B	2.17%
LYB	D	2.17%
PPG	D	2.1%
BRO	A	2.07%
WAB	B	2.0%
VLTO	B	1.88%
DTE	B	1.78%
FTV	D	1.77%
STT	B	1.74%
ETR	A	1.73%
ES	A	1.62%
CHKP	B	1.5%
AEE	A	1.5%
CPAY	B	1.44%
TDY	B	1.39%
CSL	C	1.36%
BAH	B	1.35%
BAX	A	1.33%
WLK	D	1.28%
PFG	D	1.28%
AER	C	1.23%
PKG	B	1.23%
FOX	B	1.22%
AVY	B	1.21%
EG	B	1.14%
SUI	A	1.12%
IEX	D	1.07%
RPM	A	1.03%
WMG	F	1.01%
NI	A	0.99%
UDR	B	0.99%
LOGI	D	0.96%
GLPI	A	0.96%
TRMB	D	0.95%
GGG	D	0.95%
ACM	B	0.94%
REG	A	0.92%
BAP	B	0.91%
FLEX	C	0.88%
SN	A	0.88%
EMN	C	0.81%
EPAM	C	0.8%
ITT	C	0.78%
PFGC	B	0.77%
RRX	D	0.76%
NVT	F	0.75%
HII	B	0.75%
CACI	B	0.73%
QGEN	B	0.73%
SKX	B	0.71%
ATR	A	0.7%
AIZ	B	0.7%
WWD	D	0.7%
BWXT	C	0.63%
CR	C	0.61%
EGP	B	0.61%
MOS	F	0.6%
INGR	A	0.6%
COLD	B	0.56%
WEX	C	0.53%
IVZ	C	0.52%
BPOP	B	0.5%
G	B	0.49%
OSK	D	0.48%
LFUS	C	0.47%
VOYA	B	0.47%
ESNT	B	0.46%
ESAB	D	0.44%
RRR	C	0.41%
BLCO	C	0.39%
ACT	A	0.38%
VNT	F	0.38%
SLGN	B	0.38%
PFSI	A	0.36%
FNB	C	0.36%
MDU	D	0.35%
FELE	D	0.33%
FLO	A	0.33%
SEM	D	0.31%
ZGN	F	0.28%

CZA Underweight 313 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	D	-3.69%
META	C	-3.09%
GOOGL	D	-2.73%
QCOM	F	-2.6%
AVGO	D	-2.43%
AMZN	D	-2.33%
AAPL	C	-2.25%
WMT	A	-2.02%
GDDY	C	-1.73%
ANET	D	-1.72%
APP	B	-1.71%
HPE	D	-1.7%
NTAP	D	-1.69%
CVLT	B	-1.67%
IBM	A	-1.65%
CVNA	C	-1.58%
GOOG	D	-1.24%
MSFT	D	-1.22%
ACIW	B	-1.15%
HD	B	-1.14%
DOCU	A	-1.11%
HALO	B	-1.07%
ORCL	A	-1.07%
ABBV	B	-1.06%
MU	F	-1.05%
T	A	-1.02%
OGN	C	-1.01%
AMG	C	-1.0%
JNJ	B	-0.98%
SNEX	C	-0.96%
JHG	B	-0.95%
GILD	A	-0.93%
AVT	C	-0.92%
SYF	C	-0.91%
UHS	B	-0.9%
NTNX	A	-0.87%
THC	B	-0.87%
AMRX	A	-0.86%
PYPL	B	-0.86%
MO	A	-0.85%
BAC	D	-0.85%
PG	A	-0.83%
JPM	B	-0.82%
PPC	B	-0.81%
DVA	B	-0.8%
MCK	D	-0.8%
JXN	C	-0.8%
MPC	D	-0.79%
FTDR	B	-0.76%
MLI	B	-0.75%
BG	D	-0.75%
EME	C	-0.74%
UMBF	B	-0.72%
CFG	B	-0.72%
RF	B	-0.72%
CNC	D	-0.71%
CHRW	B	-0.7%
STNG	D	-0.7%
VLO	D	-0.68%
IDCC	B	-0.66%
WFC	D	-0.66%
AMGN	C	-0.66%
IESC	C	-0.64%
FITB	B	-0.63%
IIPR	B	-0.63%
GVA	B	-0.62%
NEM	B	-0.62%
GM	B	-0.62%
XOM	C	-0.6%
PNW	A	-0.59%
AVA	B	-0.58%
TSN	A	-0.58%
KLAC	D	-0.57%
PGR	A	-0.57%
TSLA	D	-0.57%
VRT	F	-0.56%
MET	B	-0.56%
MUSA	B	-0.56%
NSA	A	-0.55%
LMT	A	-0.55%
RGA	B	-0.55%
STRL	C	-0.54%
MWA	C	-0.54%
NEE	A	-0.54%
EXPE	C	-0.54%
NRG	C	-0.54%
HRB	B	-0.54%
CVX	F	-0.53%
PATK	B	-0.53%
SLVM	B	-0.53%
UNP	B	-0.53%
MRK	D	-0.52%
BMY	B	-0.51%
PRIM	C	-0.51%
FDX	D	-0.51%
EEFT	D	-0.49%
LNTH	C	-0.47%
CAH	A	-0.46%
VST	C	-0.45%
REZI	D	-0.45%
PAGS	F	-0.44%
ADMA	B	-0.43%
KMB	A	-0.42%
ETN	D	-0.41%
MRO	C	-0.41%
SPG	B	-0.41%
SAIC	B	-0.39%
CAT	C	-0.39%
SCCO	D	-0.39%
LAMR	B	-0.39%
FCX	D	-0.38%
RGLD	C	-0.38%
ABM	C	-0.38%
DVN	F	-0.37%
GRMN	B	-0.37%
BCO	B	-0.36%
CTRE	A	-0.35%
KNF	C	-0.34%
STAG	B	-0.34%
NVR	B	-0.34%
VTRS	C	-0.32%
JLL	B	-0.32%
NFLX	B	-0.31%
GLW	C	-0.31%
MTZ	C	-0.3%
EXP	B	-0.29%
CCL	D	-0.28%
IBP	D	-0.27%
DKS	C	-0.26%
BKNG	C	-0.25%
MHO	B	-0.25%
KR	C	-0.2%
SPOT	C	-0.13%
ANF	D	-0.12%
NTRA	B	-0.11%
ALNY	C	-0.11%
ODFL	D	-0.08%
QQQ	D	-0.0%
CRNX	C	--0.05%
MRNA	F	--0.06%
JOBY	F	--0.06%
CAR	F	--0.06%
HHH	B	--0.07%
WOR	F	--0.08%
MCW	F	--0.09%
NXST	D	--0.09%
FOXF	F	--0.09%
HGV	D	--0.1%
VAC	F	--0.1%
DRVN	B	--0.1%
AES	D	--0.1%
OGS	B	--0.1%
NFE	F	--0.1%
ACVA	B	--0.1%
AWR	B	--0.1%
GTLS	F	--0.11%
AA	F	--0.11%
VMC	D	--0.11%
EQIX	B	--0.11%
AGL	F	--0.11%
VSAT	D	--0.11%
TXG	D	--0.11%
DRI	A	--0.11%
PGNY	D	--0.12%
MTN	C	--0.12%
AAL	C	--0.12%
CGON	A	--0.12%
PAYC	D	--0.13%
BC	D	--0.13%
VFC	B	--0.13%
SHW	B	--0.13%
RBLX	B	--0.14%
KRG	B	--0.14%
EXR	B	--0.14%
DAY	C	--0.14%
PPBI	C	--0.14%
CNH	C	--0.15%
PYCR	C	--0.15%
AESI	B	--0.15%
CHK	F	--0.15%
XP	C	--0.15%
CG	D	--0.15%
WAL	B	--0.15%
UHAL	B	--0.15%
VNO	B	--0.16%
UEC	F	--0.16%
PTEN	F	--0.16%
PCH	C	--0.16%
COTY	F	--0.17%
ROK	D	--0.17%
SJM	A	--0.17%
BIRK	F	--0.17%
WTRG	D	--0.17%
ENOV	D	--0.18%
WY	C	--0.18%
DLTR	F	--0.18%
FCNCA	C	--0.19%
HI	F	--0.19%
BE	F	--0.19%
XPO	D	--0.19%
KNSL	B	--0.19%
SUM	D	--0.2%
COLB	B	--0.2%
AJG	A	--0.2%
GMED	C	--0.2%
BANC	B	--0.2%
LAD	C	--0.2%
CZR	D	--0.2%
VLY	C	--0.21%
WBA	F	--0.21%
XYL	D	--0.21%
LKQ	D	--0.21%
GPOR	D	--0.21%
SOFI	D	--0.21%
IRTC	F	--0.21%
TMDX	C	--0.21%
AVAV	B	--0.21%
DXCM	F	--0.22%
CNX	B	--0.22%
SW	D	--0.22%
EL	F	--0.22%
LUV	A	--0.22%
RBA	B	--0.22%
VVV	D	--0.22%
WOLF	F	--0.23%
IONS	D	--0.23%
TTD	B	--0.23%
IPAR	D	--0.24%
WSC	D	--0.24%
CELH	F	--0.24%
APLS	C	--0.24%
OKE	A	--0.24%
CLDX	A	--0.24%
AEIS	D	--0.24%
EQT	D	--0.24%
AGCO	F	--0.24%
APD	B	--0.25%
ALB	F	--0.25%
EXAS	B	--0.25%
FLYW	D	--0.25%
WTM	B	--0.25%
BIO	A	--0.25%
GT	F	--0.26%
MS	C	--0.26%
WAT	B	--0.26%
SITE	C	--0.26%
CSCO	B	--0.27%
NEOG	D	--0.27%
AL	D	--0.27%
CIEN	B	--0.27%
VSH	F	--0.27%
HSY	A	--0.28%
HASI	B	--0.28%
LW	D	--0.28%
BX	B	--0.3%
RIOT	F	--0.31%
ILMN	B	--0.31%
TOST	D	--0.31%
O	A	--0.31%
MNST	D	--0.31%
RVMD	D	--0.32%
PEN	C	--0.32%
REGN	B	--0.32%
FOUR	B	--0.32%
SATS	A	--0.33%
EVTC	D	--0.33%
RGEN	C	--0.33%
FIVN	F	--0.33%
MARA	F	--0.33%
AFRM	B	--0.34%
IAC	C	--0.34%
ENPH	D	--0.34%
D	A	--0.34%
SRE	B	--0.34%
NDAQ	A	--0.34%
ADBE	B	--0.35%
GE	C	--0.35%
ZI	F	--0.35%
ON	D	--0.36%
FIVE	F	--0.36%
LVS	D	--0.36%
WBD	D	--0.37%
KLIC	F	--0.37%
BA	F	--0.38%
MKTX	A	--0.38%
RIVN	F	--0.39%
CCOI	A	--0.41%
CGNX	D	--0.43%
BBIO	B	--0.43%
INSP	A	--0.45%
ZBRA	C	--0.47%
GLOB	C	--0.48%
LYV	D	--0.48%
LSCC	F	--0.5%
GFS	F	--0.5%
U	D	--0.5%
CFLT	F	--0.5%
DV	F	--0.51%
C	D	--0.51%
BRZE	F	--0.51%
POOL	C	--0.53%
SMCI	F	--0.53%
RH	F	--0.53%
BILL	C	--0.53%
TTWO	B	--0.55%
LBRDK	C	--0.57%
WDC	D	--0.58%
FND	C	--0.58%
MDB	C	--0.62%
MCHP	D	--0.65%
LITE	C	--0.69%
INTC	F	--0.93%
TXN	C	--0.97%