JPUS vs. CLSE ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Equity ETF (JPUS) to Convergence Long/Short Equity ETF (CLSE)

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$122.50

Average Daily Volume

6,905

Number of Holdings ^*

355

* 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

$23.68

Average Daily Volume

66,024

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

Performance

Period	JPUS	CLSE
30 Days	2.72%	4.69%
60 Days	2.86%	6.81%
90 Days	5.12%	9.38%
12 Months	27.89%	39.93%

84 Overlapping Holdings

Symbol	Grade	Weight in JPUS	Weight in CLSE	Overlap
AAPL	C	0.36%	0.83%	0.36%
ABBV	D	0.33%	0.72%	0.33%
AGO	B	0.05%	-0.16%	-0.16%
ALSN	B	0.42%	0.66%	0.42%
ANET	C	0.47%	1.83%	0.47%
APH	A	0.42%	0.67%	0.42%
APO	B	0.23%	-0.35%	-0.35%
ATO	A	0.16%	-0.1%	-0.1%
AVGO	D	0.38%	2.28%	0.38%
BAC	A	0.31%	0.81%	0.31%
BAH	F	0.32%	0.18%	0.18%
BKNG	A	0.18%	0.44%	0.18%
BMY	B	0.25%	1.11%	0.25%
BPOP	B	0.21%	-0.14%	-0.14%
CACI	D	0.14%	0.48%	0.14%
CAH	B	0.36%	0.86%	0.36%
CDNS	B	0.33%	-0.46%	-0.46%
CF	B	0.32%	0.37%	0.32%
CHTR	C	0.4%	-0.48%	-0.48%
COR	B	0.39%	0.86%	0.39%
CSCO	B	0.41%	-0.52%	-0.52%
CVS	D	0.36%	0.29%	0.29%
DVA	B	0.37%	0.78%	0.37%
EQR	B	0.2%	0.35%	0.2%
EXP	A	0.21%	0.48%	0.21%
FCNCA	A	0.43%	-0.35%	-0.35%
FITB	A	0.31%	0.78%	0.31%
GEN	B	0.07%	0.68%	0.07%
GILD	C	0.35%	1.07%	0.35%
GNTX	C	0.28%	-0.09%	-0.09%
GOOGL	C	0.11%	3.47%	0.11%
GRMN	B	0.43%	0.37%	0.37%
HPE	B	0.3%	1.92%	0.3%
HSY	F	0.26%	-0.24%	-0.24%
HUN	F	0.16%	-0.07%	-0.07%
JLL	D	0.41%	0.2%	0.2%
KEY	B	0.06%	-0.25%	-0.25%
KR	B	0.43%	0.17%	0.17%
LAMR	D	0.39%	0.31%	0.31%
LDOS	C	0.22%	0.55%	0.22%
LNG	B	0.34%	0.97%	0.34%
LPX	B	0.08%	0.43%	0.08%
LRCX	F	0.26%	0.0%	0.0%
MDT	D	0.23%	0.29%	0.23%
META	D	0.42%	3.3%	0.42%
MNST	C	0.03%	-0.28%	-0.28%
MO	A	0.39%	0.79%	0.39%
NEM	D	0.18%	0.22%	0.18%
NRG	B	0.46%	0.71%	0.46%
NTAP	C	0.31%	1.0%	0.31%
NVDA	C	0.45%	4.61%	0.45%
NVR	D	0.38%	0.24%	0.24%
ORCL	B	0.41%	1.33%	0.41%
PG	A	0.36%	0.45%	0.36%
PGR	A	0.39%	0.46%	0.39%
PNW	B	0.39%	0.48%	0.39%
PPC	C	0.21%	0.85%	0.21%
PRU	A	0.1%	0.13%	0.1%
PSA	D	0.34%	-0.23%	-0.23%
QCOM	F	0.3%	1.73%	0.3%
R	B	0.18%	0.38%	0.18%
RF	A	0.09%	0.72%	0.09%
RGA	A	0.17%	0.55%	0.17%
RGLD	C	0.08%	0.32%	0.08%
RMD	C	0.07%	0.4%	0.07%
SCCO	F	0.36%	0.41%	0.36%
SPG	B	0.41%	0.37%	0.37%
SRE	A	0.37%	-0.2%	-0.2%
STLD	B	0.38%	-0.13%	-0.13%
SYF	B	0.52%	1.11%	0.52%
T	A	0.4%	0.29%	0.29%
THC	D	0.4%	0.78%	0.4%
TMUS	B	0.47%	0.7%	0.47%
TOL	B	0.42%	0.22%	0.22%
TSN	B	0.37%	0.6%	0.37%
UHS	D	0.33%	0.7%	0.33%
UI	A	0.17%	0.49%	0.17%
UNP	C	0.27%	0.47%	0.27%
UTHR	C	0.42%	0.73%	0.42%
VLO	C	0.4%	0.29%	0.29%
VRTX	F	0.37%	0.23%	0.23%
VST	B	0.64%	0.55%	0.55%
VVV	F	0.11%	-0.33%	-0.33%
WST	C	0.27%	-0.59%	-0.59%

JPUS Overweight 271 Positions Relative to CLSE

Symbol	Grade	Weight
CIEN	B	0.52%
UNM	A	0.51%
TRGP	B	0.5%
KMI	A	0.48%
PFGC	B	0.46%
ETR	B	0.46%
IP	B	0.46%
PWR	A	0.46%
MCK	B	0.46%
COF	B	0.45%
USFD	A	0.44%
ETN	A	0.43%
TAP	C	0.43%
GWW	B	0.43%
MSI	B	0.43%
CEG	D	0.42%
INGR	B	0.42%
CMCSA	B	0.42%
CMI	A	0.42%
XOM	B	0.41%
WMB	A	0.41%
CLH	B	0.41%
WM	A	0.41%
NI	A	0.41%
CASY	A	0.41%
PEG	A	0.41%
RSG	A	0.4%
HST	C	0.4%
WELL	A	0.4%
FANG	D	0.39%
HIG	B	0.39%
BRK.A	B	0.39%
PM	B	0.39%
PH	A	0.39%
KVUE	A	0.39%
IRM	D	0.39%
PPL	B	0.39%
FAST	B	0.39%
PHM	D	0.38%
RS	B	0.38%
VZ	C	0.38%
JNPR	F	0.38%
AM	A	0.38%
OHI	C	0.38%
AFL	B	0.38%
REG	B	0.38%
K	A	0.38%
LOW	D	0.37%
ESS	B	0.37%
ORLY	B	0.37%
FYBR	D	0.37%
SO	D	0.37%
MRO	B	0.37%
BRX	A	0.37%
CTSH	B	0.37%
NXST	C	0.36%
DGX	A	0.36%
GD	F	0.36%
HRB	D	0.36%
INTU	C	0.36%
OGE	B	0.36%
LEN	D	0.36%
EIX	B	0.36%
DUK	C	0.36%
LMT	D	0.36%
XEL	A	0.36%
MPC	D	0.36%
SYY	B	0.36%
DKS	C	0.36%
MTG	C	0.35%
HUBB	B	0.35%
MSFT	F	0.35%
CI	F	0.35%
FNF	B	0.35%
CTRA	B	0.35%
PSX	C	0.35%
AMGN	D	0.35%
CUBE	D	0.35%
CLX	B	0.35%
ADI	D	0.35%
POST	C	0.35%
AZO	C	0.35%
HRL	D	0.35%
CVX	A	0.35%
ADM	D	0.34%
D	C	0.34%
PAG	B	0.34%
ITW	B	0.34%
KHC	F	0.34%
TJX	A	0.34%
HCA	F	0.34%
GLPI	C	0.34%
FE	C	0.34%
CHD	B	0.34%
ED	D	0.34%
WEC	A	0.34%
BG	F	0.34%
TSCO	D	0.34%
KMB	D	0.34%
BLDR	D	0.34%
OC	A	0.34%
UNH	C	0.34%
PEP	F	0.34%
EVRG	A	0.34%
CPB	D	0.33%
VICI	C	0.33%
GIS	D	0.33%
MDLZ	F	0.33%
LLY	F	0.33%
HBAN	A	0.33%
X	C	0.33%
KO	D	0.33%
DHI	D	0.33%
KIM	A	0.33%
WLK	D	0.32%
CAG	D	0.32%
KLAC	D	0.32%
EOG	A	0.32%
IT	C	0.32%
ACN	C	0.32%
EMN	D	0.32%
CL	D	0.32%
ACI	C	0.31%
AMAT	F	0.31%
ACGL	D	0.31%
LYB	F	0.31%
EXC	C	0.31%
UGI	A	0.31%
ABT	B	0.31%
WY	D	0.31%
AEP	D	0.31%
WSM	B	0.31%
AVB	B	0.31%
STZ	D	0.31%
MAS	D	0.3%
DTE	C	0.3%
AOS	F	0.3%
NUE	C	0.3%
IBM	C	0.3%
PKG	A	0.3%
ESI	A	0.3%
NFG	A	0.3%
CTVA	C	0.3%
JEF	A	0.3%
ORI	A	0.3%
ECL	D	0.29%
AMP	A	0.29%
LH	C	0.28%
CAT	B	0.28%
CMS	C	0.28%
HOLX	D	0.28%
EG	C	0.28%
RPM	A	0.28%
COP	C	0.28%
SYK	C	0.28%
LIN	D	0.28%
ZTS	D	0.27%
SPB	C	0.27%
CB	C	0.27%
DHR	F	0.27%
OLN	D	0.26%
MRK	F	0.26%
KDP	D	0.26%
DOW	F	0.26%
REGN	F	0.26%
ELV	F	0.26%
AVY	D	0.26%
DINO	D	0.26%
FCX	D	0.25%
VTR	C	0.25%
STE	F	0.25%
MSM	C	0.25%
CBOE	B	0.25%
BBY	D	0.24%
ITT	A	0.24%
SAM	C	0.24%
PK	B	0.24%
TGT	F	0.24%
ALLY	C	0.24%
SNX	C	0.24%
DRI	B	0.24%
DOX	D	0.24%
BRBR	A	0.24%
RVTY	F	0.23%
PR	B	0.23%
ROST	C	0.23%
STAG	F	0.23%
VTRS	A	0.23%
GEHC	F	0.22%
OMF	A	0.22%
IFF	D	0.21%
FLO	D	0.21%
COKE	C	0.21%
WPC	D	0.21%
CNM	D	0.21%
MAA	B	0.21%
SJM	D	0.21%
GAP	C	0.2%
CE	F	0.2%
F	C	0.19%
EA	A	0.19%
BDX	F	0.19%
MEDP	D	0.19%
TKR	D	0.19%
ASH	D	0.19%
CLF	F	0.18%
STWD	C	0.18%
SCI	B	0.18%
M	D	0.18%
NEU	C	0.18%
CSL	C	0.17%
MOS	F	0.17%
EPR	D	0.17%
RHI	B	0.17%
CPT	B	0.17%
DTM	B	0.17%
CCI	D	0.16%
FR	C	0.16%
NNN	D	0.16%
KRC	C	0.16%
CHE	D	0.16%
HIW	D	0.15%
IPG	D	0.15%
TMO	F	0.15%
SWKS	F	0.14%
MOH	F	0.14%
STT	A	0.13%
CSX	B	0.13%
DFS	B	0.13%
FBIN	D	0.12%
WRB	A	0.12%
VIRT	B	0.12%
SLM	A	0.11%
USB	A	0.11%
WU	D	0.11%
DVN	F	0.1%
CRUS	D	0.1%
OXY	D	0.1%
SMG	D	0.1%
PFG	D	0.1%
CARR	D	0.09%
LOPE	B	0.09%
FRT	B	0.09%
SAIC	F	0.08%
TNL	A	0.07%
CFG	B	0.07%
RBC	A	0.07%
PCAR	B	0.06%
DLB	B	0.06%
NKE	D	0.06%
AFG	A	0.06%
EGP	F	0.06%
IRDM	D	0.06%
ADBE	C	0.05%
NSA	D	0.05%
CBRE	B	0.05%
CWEN	C	0.05%
MMC	B	0.05%
RRC	B	0.05%
VLTO	D	0.04%
SSNC	B	0.04%
LSTR	D	0.04%
CRI	D	0.03%
FTRE	D	0.03%
HOG	D	0.03%
LEG	F	0.02%
IDA	A	0.02%
PLD	D	0.01%
KSS	F	0.01%
SON	D	0.01%
ROKU	D	0.0%

JPUS Underweight 253 Positions Relative to CLSE

Symbol	Grade	Weight
AMZN	C	-2.53%
APP	B	-2.25%
MU	D	-2.13%
CVNA	B	-1.85%
WMT	A	-1.82%
IDCC	A	-1.51%
GDDY	A	-1.42%
CVLT	B	-1.4%
DOCU	A	-1.37%
PYPL	B	-1.33%
ACIW	B	-1.3%
TSLA	B	-1.22%
JHG	A	-1.21%
NTNX	A	-1.16%
HD	A	-1.13%
NTRS	A	-1.08%
SNEX	B	-1.06%
PLTR	B	-1.02%
SEIC	B	-0.95%
HALO	F	-0.9%
AMRX	C	-0.9%
BFH	B	-0.88%
GM	B	-0.87%
GVA	A	-0.84%
MLI	C	-0.84%
CARG	C	-0.83%
JNJ	D	-0.83%
PRIM	A	-0.8%
NFLX	A	-0.79%
IESC	B	-0.77%
CPNG	D	-0.77%
EME	C	-0.75%
WFC	A	-0.75%
CNX	A	-0.74%
FTI	A	-0.74%
PNC	B	-0.72%
STRL	B	-0.71%
ZION	B	-0.71%
CMA	A	-0.71%
CEIX	A	-0.7%
VRT	B	-0.68%
UMBF	B	-0.66%
MTZ	B	-0.66%
AVT	C	-0.66%
MWA	B	-0.65%
BLK	C	-0.65%
JPM	A	-0.64%
CHRW	C	-0.61%
EXPE	B	-0.61%
FFIV	B	-0.6%
FTDR	A	-0.58%
AMG	B	-0.58%
GLW	B	-0.52%
MET	A	-0.52%
SLVM	B	-0.5%
GOOG	C	-0.49%
AVA	A	-0.47%
DUOL	A	-0.45%
ALL	A	-0.45%
CTRE	D	-0.42%
JXN	C	-0.39%
SR	A	-0.38%
CNA	B	-0.37%
OUT	A	-0.36%
CCL	B	-0.35%
CDP	C	-0.34%
CNC	D	-0.31%
PTON	B	-0.31%
J	F	-0.31%
MPWR	F	-0.3%
IIPR	D	-0.28%
APA	D	-0.25%
MATX	C	-0.22%
EEFT	B	-0.22%
FLR	B	-0.21%
MUSA	A	-0.2%
ABM	B	-0.19%
NTRA	B	-0.17%
BOX	B	-0.17%
JAZZ	B	-0.16%
FOXA	B	-0.14%
EXPD	D	-0.14%
FN	D	-0.13%
VCTR	B	-0.12%
VCYT	B	-0.12%
CINF	A	-0.12%
CDE	D	-0.11%
ILMN	D	-0.1%
AEIS	B	-0.07%
INCY	C	-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%
EXAS	D	--0.07%
RYN	D	--0.07%
COOP	B	--0.07%
CCS	D	--0.07%
BC	C	--0.08%
JOE	F	--0.08%
AES	F	--0.08%
FLYW	C	--0.08%
JBLU	F	--0.09%
NSC	B	--0.1%
MCW	B	--0.1%
ABG	B	--0.1%
ACVA	B	--0.11%
ENPH	F	--0.11%
CGON	F	--0.11%
EL	F	--0.12%
RBA	A	--0.12%
FL	F	--0.12%
PCH	D	--0.12%
DLR	B	--0.13%
EXR	D	--0.13%
AVAV	D	--0.13%
ALIT	C	--0.13%
VMC	B	--0.13%
MLM	B	--0.13%
PYCR	C	--0.14%
DAY	B	--0.14%
REXR	F	--0.14%
ARWR	F	--0.14%
MKL	A	--0.14%
AA	B	--0.14%
EQIX	A	--0.14%
CZR	F	--0.15%
COLD	D	--0.15%
APD	A	--0.15%
GTLS	B	--0.15%
CRL	C	--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%
ALB	C	--0.16%
UHAL	D	--0.16%
EW	C	--0.16%
SITE	D	--0.16%
SW	A	--0.17%
TEX	D	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
LKQ	D	--0.17%
MASI	A	--0.17%
AJG	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%
C	A	--0.19%
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%
EQT	B	--0.23%
XYL	D	--0.23%
WTRG	B	--0.24%
ELF	C	--0.24%
IONS	F	--0.24%
GPOR	B	--0.24%
CELH	F	--0.24%
DELL	C	--0.25%
LW	C	--0.25%
BILL	A	--0.26%
NEOG	F	--0.26%
AUR	C	--0.26%
AWK	D	--0.26%
VAL	D	--0.27%
FOUR	B	--0.27%
STNE	F	--0.27%
TEAM	A	--0.27%
MSCI	C	--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%
LYV	A	--0.3%
NDAQ	A	--0.3%
APLS	D	--0.3%
APTV	D	--0.32%
GTLB	B	--0.32%
CCOI	B	--0.33%
LPLA	A	--0.34%
ZBRA	B	--0.34%
ABNB	C	--0.34%
INSP	D	--0.34%
AFRM	B	--0.35%
CACC	D	--0.36%
COHR	B	--0.36%
BBIO	F	--0.36%
ZI	D	--0.36%
BEN	C	--0.36%
ON	D	--0.39%
DG	F	--0.4%
SATS	D	--0.4%
BA	F	--0.4%
RBLX	C	--0.41%
DLTR	F	--0.41%
PINS	D	--0.41%
U	C	--0.41%
RIVN	F	--0.42%
TTWO	A	--0.43%
WBD	C	--0.43%
SNPS	B	--0.44%
ALGM	D	--0.45%
DV	C	--0.45%
CGNX	C	--0.45%
GE	D	--0.46%
MRNA	F	--0.47%
SMCI	F	--0.47%
RH	B	--0.47%
CFLT	B	--0.47%
FND	C	--0.53%
BRZE	C	--0.56%
FIVE	F	--0.56%
NWS	B	--0.57%
LITE	B	--0.6%
POOL	C	--0.61%
MCHP	D	--0.63%
DXCM	D	--0.63%
WDC	D	--0.65%
LSCC	D	--0.7%
ROP	B	--0.7%
TXN	C	--0.81%
INTC	D	--0.93%
FSLR	F	--1.26%