PAVE vs. CLSE ETF Comparison
Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to Convergence Long/Short Equity ETF (CLSE)
PAVE
Global X U.S. Infrastructure Development ETF
PAVE Description
The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.
Grade (RS Rating)
Last Trade
$40.74
Average Daily Volume
1,142,398
Number of Holdings
*
98
* 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
$21.94
Average Daily Volume
53,460
Number of Holdings
*
326
* may have additional holdings in another (foreign) market
Performance
Period | PAVE | CLSE |
---|---|---|
30 Days | 6.87% | 2.05% |
60 Days | 6.04% | 4.63% |
90 Days | 8.87% | 1.81% |
12 Months | 33.13% | 37.03% |
16 Overlapping Holdings
Symbol | Grade | Weight in PAVE | Weight in CLSE | Overlap | |
---|---|---|---|---|---|
AA | D | 0.45% | -0.12% | -0.12% | |
EME | B | 1.47% | 0.81% | 0.81% | |
EXP | B | 0.74% | 0.31% | 0.31% | |
GVA | B | 0.44% | 0.63% | 0.44% | |
J | C | 1.44% | 0.36% | 0.36% | |
KNF | B | 0.37% | 0.35% | 0.35% | |
MLI | A | 0.62% | 0.75% | 0.62% | |
MTZ | B | 0.7% | 0.54% | 0.54% | |
MWA | B | 0.37% | 0.53% | 0.37% | |
PRIM | B | 0.44% | 0.54% | 0.44% | |
ROK | D | 2.27% | -0.08% | -0.08% | |
SRE | C | 3.05% | -0.33% | -0.33% | |
STRL | B | 0.46% | 0.6% | 0.46% | |
SUM | D | 0.36% | -0.24% | -0.24% | |
UNP | C | 2.74% | 0.57% | 0.57% | |
VMC | D | 2.52% | -0.11% | -0.11% |
PAVE Overweight 82 Positions Relative to CLSE
Symbol | Grade | Weight | |
---|---|---|---|
TT | B | 3.81% | |
PH | B | 3.36% | |
ETN | C | 3.34% | |
URI | B | 3.3% | |
PWR | B | 3.14% | |
HWM | B | 3.12% | |
EMR | D | 2.84% | |
NSC | C | 2.83% | |
MLM | D | 2.76% | |
FAST | C | 2.69% | |
DE | B | 2.68% | |
CSX | D | 2.57% | |
NUE | F | 2.19% | |
FTV | C | 2.07% | |
BLDR | C | 1.74% | |
HUBB | B | 1.72% | |
CSL | B | 1.58% | |
STLD | F | 1.44% | |
WLK | D | 1.41% | |
RS | D | 1.26% | |
RPM | B | 1.23% | |
IEX | D | 1.2% | |
PNR | B | 1.2% | |
GGG | C | 1.12% | |
TRMB | C | 1.11% | |
ACM | B | 1.06% | |
TTEK | C | 0.98% | |
BLD | D | 0.94% | |
WMS | D | 0.9% | |
WWD | D | 0.81% | |
LECO | F | 0.81% | |
RRX | C | 0.79% | |
TPC | C | 0.74% | |
CR | C | 0.68% | |
RBC | C | 0.67% | |
ATI | C | 0.64% | |
WCC | D | 0.64% | |
AYI | B | 0.63% | |
X | F | 0.62% | |
POWL | C | 0.57% | |
LPX | B | 0.55% | |
CRS | B | 0.55% | |
AGX | B | 0.54% | |
USLM | B | 0.48% | |
BMI | A | 0.48% | |
VMI | D | 0.46% | |
CLF | F | 0.46% | |
CMC | D | 0.46% | |
ZWS | A | 0.45% | |
EXPO | A | 0.43% | |
DY | B | 0.43% | |
MDU | C | 0.42% | |
CSWI | B | 0.41% | |
ROAD | B | 0.4% | |
DXPE | C | 0.4% | |
NWPX | C | 0.39% | |
ACA | B | 0.34% | |
TRN | D | 0.32% | |
DNOW | D | 0.32% | |
CENX | D | 0.31% | |
GRC | D | 0.3% | |
HAYN | D | 0.3% | |
MRC | D | 0.3% | |
HRI | D | 0.3% | |
MTX | D | 0.29% | |
GBX | C | 0.27% | |
TEX | F | 0.27% | |
CACC | F | 0.26% | |
ATKR | F | 0.25% | |
IIIN | D | 0.24% | |
MTRN | F | 0.23% | |
ASTE | D | 0.23% | |
ROCK | D | 0.22% | |
HEES | D | 0.22% | |
CALX | D | 0.21% | |
CMCO | F | 0.21% | |
WNC | F | 0.2% | |
MTUS | F | 0.19% | |
MYRG | F | 0.18% | |
CTOS | F | 0.15% | |
RYI | D | 0.14% | |
TITN | F | 0.13% |
PAVE Underweight 310 Positions Relative to CLSE
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | D | -4.12% | |
META | B | -3.15% | |
GOOGL | D | -2.93% | |
QCOM | D | -2.58% | |
AVGO | C | -2.58% | |
AMZN | C | -2.5% | |
AAPL | C | -2.26% | |
WMT | C | -2.07% | |
APP | C | -2.04% | |
ANET | B | -1.86% | |
IBM | B | -1.7% | |
CVLT | B | -1.64% | |
NTAP | D | -1.64% | |
GDDY | C | -1.58% | |
CVNA | B | -1.53% | |
HPE | D | -1.52% | |
GOOG | D | -1.22% | |
ORCL | C | -1.22% | |
DOCU | C | -1.21% | |
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% | |
SYF | C | -0.86% | |
THC | A | -0.85% | |
AMRX | B | -0.85% | |
NTNX | C | -0.84% | |
DVA | B | -0.82% | |
SEIC | C | -0.81% | |
PG | C | -0.81% | |
MO | C | -0.81% | |
BAC | D | -0.81% | |
VLO | F | -0.79% | |
JPM | D | -0.77% | |
FTDR | B | -0.75% | |
MPC | F | -0.74% | |
CNC | D | -0.73% | |
BG | D | -0.72% | |
PPC | D | -0.72% | |
JXN | A | -0.72% | |
MCK | F | -0.71% | |
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% | |
NEM | B | -0.62% | |
FITB | B | -0.61% | |
CAH | C | -0.61% | |
VRT | C | -0.59% | |
MUSA | D | -0.59% | |
TSLA | C | -0.59% | |
XOM | C | -0.58% | |
CFG | C | -0.57% | |
TSN | 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% | |
LMT | C | -0.54% | |
GM | C | -0.54% | |
AVA | C | -0.54% | |
MET | B | -0.54% | |
NRG | C | -0.54% | |
SLVM | B | -0.53% | |
HRB | C | -0.53% | |
EXPE | C | -0.53% | |
RGA | C | -0.53% | |
VST | C | -0.53% | |
MRK | D | -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% | |
SPG | B | -0.41% | |
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% | |
CTRE | C | -0.36% | |
BCO | B | -0.36% | |
DVN | F | -0.35% | |
GRMN | D | -0.35% | |
ABM | D | -0.34% | |
TOL | B | -0.34% | |
CAT | B | -0.33% | |
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% | |
VTRS | D | -0.31% | |
NVR | B | -0.3% | |
IBP | D | -0.27% | |
CPNG | B | -0.26% | |
BKNG | C | -0.25% | |
CCL | C | -0.24% | |
KR | C | -0.17% | |
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% | |
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% | |
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% | |
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% | |
RNR | C | --0.22% | |
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% | |
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% | |
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% |
PAVE: Top Represented Industries & Keywords
Industries:
Diversified Industrials
Engineering & Construction
Building Materials
Metal Fabrication
Steel
Railroads
Farm & Construction Equipment
Industrial Distribution
Rental & Leasing Services
Scientific & Technical Instruments
Specialty Industrial Machinery
Aluminum
Conglomerates
Electronic Components
Industrial Metals & Minerals
Oil & Gas Equipment & Services
Specialty Chemicals
Tools & Accessories
Aerospace & Defense
Business Services
CLSE: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Semiconductors
Banks - Regional - US
Diagnostics & Research
Software - Infrastructure
Asset Management
Engineering & Construction
Oil & Gas E&P
Capital Markets
Communication Equipment
Diversified Industrials
Drug Manufacturers - Major
Information Technology Services
Internet Content & Information
Building Materials
Business Services
Household & Personal Products
Insurance - Property & Casualty
REIT - Industrial