PTH vs. CLSE ETF Comparison

Comparison of Invesco DWA Healthcare Momentum ETF (PTH) to Convergence Long/Short Equity ETF (CLSE)

PTH

Invesco DWA Healthcare Momentum ETF

PTH Description

The PowerShares Dynamic Healthcare Sector Portfolio (Fund) is based on the Dynamic Healthcare Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US health care companies. These are companies that are principally engaged in the business of providing health care-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$45.88

Average Daily Volume

13,339

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

$22.30

Average Daily Volume

47,240

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

Performance

Period	PTH	CLSE
30 Days	-2.92%	2.81%
60 Days	6.38%	8.04%
90 Days	8.18%	2.67%
12 Months	42.57%	38.57%

9 Overlapping Holdings

Symbol	Grade	Weight in PTH	Weight in CLSE	Overlap
ADMA	C	4.61%	0.67%	0.67%
ADUS	D	0.74%	0.0%	0.0%
AGL	F	0.6%	-0.1%	-0.1%
AMRX	B	1.22%	0.83%	0.83%
DVA	C	2.62%	0.83%	0.83%
NTRA	A	3.21%	0.15%	0.15%
OSCR	C	2.73%	0.52%	0.52%
THC	C	4.51%	0.86%	0.86%
UHS	D	2.85%	0.78%	0.78%

PTH Overweight 41 Positions Relative to CLSE

Symbol	Grade	Weight
LLY	D	5.0%
INSM	D	4.35%
TMDX	D	4.27%
MEDP	F	3.74%
REGN	D	2.78%
HIMS	B	2.72%
ISRG	A	2.7%
RNA	B	2.42%
DYN	D	2.2%
ENSG	D	2.12%
CI	D	2.04%
RDNT	C	1.99%
MDGL	F	1.94%
RXST	F	1.94%
KRYS	D	1.88%
ELAN	D	1.86%
PTGX	C	1.83%
GKOS	B	1.8%
HROW	B	1.78%
PRCT	C	1.73%
MRUS	D	1.66%
CRNX	C	1.64%
STOK	D	1.51%
AKRO	C	1.43%
NRIX	D	1.42%
UFPT	D	1.39%
GERN	D	1.38%
AGIO	D	1.33%
BPMC	F	1.21%
CRVL	C	1.19%
TWST	D	1.11%
PTCT	C	1.11%
HAE	D	0.99%
COGT	C	0.91%
LMAT	B	0.9%
BLFS	D	0.89%
BKD	D	0.84%
ANIP	F	0.75%
AHCO	C	0.66%
GDRX	F	0.55%
TSHA	F	0.43%

PTH Underweight 322 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	C	-3.84%
META	A	-3.31%
GOOGL	B	-3.08%
AVGO	C	-2.7%
QCOM	D	-2.56%
AMZN	C	-2.37%
HPE	B	-2.06%
AAPL	C	-1.95%
WMT	A	-1.94%
ANET	A	-1.93%
CVNA	A	-1.82%
NTAP	D	-1.74%
CVLT	C	-1.65%
ORCL	B	-1.46%
APP	A	-1.45%
IBM	B	-1.43%
GDDY	D	-1.41%
DOCU	B	-1.4%
GOOG	B	-1.26%
HD	A	-1.22%
IDCC	A	-1.17%
ACIW	B	-1.16%
PYPL	C	-1.07%
MU	D	-1.05%
ABBV	A	-1.02%
MSFT	D	-1.01%
T	A	-1.01%
AMG	B	-1.0%
SNEX	C	-1.0%
JHG	C	-0.97%
NTNX	C	-0.95%
AVT	C	-0.95%
SYF	B	-0.94%
HALO	D	-0.94%
BMY	B	-0.92%
GILD	A	-0.91%
JNJ	D	-0.91%
NTRS	C	-0.89%
EME	C	-0.86%
OGN	F	-0.83%
BAC	D	-0.8%
MLI	C	-0.78%
VLO	F	-0.77%
SEIC	B	-0.77%
PPC	B	-0.77%
MO	D	-0.76%
BFH	D	-0.74%
TSLA	C	-0.74%
FTDR	C	-0.73%
JXN	A	-0.71%
PG	C	-0.7%
CNC	F	-0.7%
NRG	A	-0.69%
BG	F	-0.69%
COR	F	-0.68%
IIPR	C	-0.67%
CHRW	A	-0.67%
IESC	B	-0.66%
GVA	A	-0.65%
LNG	A	-0.65%
UMBF	C	-0.63%
FITB	C	-0.61%
PATK	C	-0.61%
PNC	C	-0.59%
XOM	A	-0.59%
RF	C	-0.59%
JPM	D	-0.59%
MWA	A	-0.58%
WFC	D	-0.58%
CAH	B	-0.58%
SLVM	C	-0.58%
UNP	D	-0.57%
MTZ	B	-0.57%
VST	A	-0.56%
MET	A	-0.56%
PRIM	C	-0.56%
MATX	C	-0.56%
DVN	F	-0.55%
REZI	D	-0.55%
AVA	D	-0.55%
RTX	A	-0.54%
NEE	A	-0.54%
LMT	A	-0.54%
TSN	D	-0.53%
NEM	C	-0.52%
STRL	B	-0.52%
RGA	C	-0.52%
GM	D	-0.51%
EXPE	B	-0.5%
MRK	F	-0.5%
PNW	A	-0.48%
CNA	D	-0.47%
PGR	C	-0.47%
ATGE	D	-0.47%
KLAC	B	-0.47%
MDT	B	-0.46%
LNTH	C	-0.46%
LDOS	A	-0.45%
CVX	B	-0.45%
EXP	C	-0.44%
MPC	F	-0.44%
CACI	A	-0.44%
SCCO	B	-0.44%
VRT	B	-0.42%
EQR	C	-0.41%
RGLD	C	-0.41%
SPG	A	-0.4%
ACT	C	-0.39%
CFG	D	-0.39%
EEFT	F	-0.39%
FCX	B	-0.38%
MUSA	D	-0.38%
LAMR	C	-0.36%
CAT	A	-0.36%
ALSN	A	-0.35%
CTRE	B	-0.35%
NSA	C	-0.35%
IBP	B	-0.34%
TOL	A	-0.34%
KBH	C	-0.32%
J	D	-0.32%
STAG	D	-0.32%
ABM	D	-0.32%
NFLX	A	-0.31%
SM	F	-0.31%
NVR	A	-0.31%
BCO	C	-0.31%
AMGN	D	-0.28%
GLW	B	-0.28%
OUT	C	-0.27%
BKNG	C	-0.26%
ALNY	C	-0.25%
CCL	C	-0.25%
JLL	B	-0.25%
ASPN	D	-0.25%
ANF	F	-0.24%
CVS	D	-0.19%
CPNG	C	-0.18%
KMB	B	-0.16%
KR	C	-0.16%
SPOT	B	-0.14%
GRMN	D	-0.09%
QQQ	C	-0.0%
MHO	C	-0.0%
VTRS	D	-0.0%
KNF	C	-0.0%
MRO	D	-0.0%
HRB	C	-0.0%
JOBY	D	--0.04%
CAR	D	--0.06%
PENN	D	--0.07%
PGNY	F	--0.08%
AES	B	--0.08%
MCW	F	--0.09%
CZR	B	--0.09%
BRKR	D	--0.09%
MASI	B	--0.09%
NXST	D	--0.09%
DRVN	B	--0.1%
VAC	D	--0.1%
LGIH	C	--0.1%
HGV	F	--0.1%
AWR	A	--0.1%
VMC	D	--0.11%
HHH	C	--0.11%
ACVA	C	--0.11%
SBUX	B	--0.11%
SJM	C	--0.12%
ALIT	D	--0.12%
JBLU	B	--0.13%
RBLX	C	--0.13%
PCH	C	--0.14%
PPBI	F	--0.14%
MTN	D	--0.14%
EXR	C	--0.15%
MKL	C	--0.15%
KRG	C	--0.15%
COLD	D	--0.15%
DAY	B	--0.15%
AA	B	--0.15%
BIRK	F	--0.15%
PYCR	D	--0.15%
WAL	C	--0.16%
THO	B	--0.16%
WY	B	--0.16%
CC	D	--0.16%
WTRG	D	--0.16%
CHDN	D	--0.16%
OKE	B	--0.17%
OSK	F	--0.17%
AESI	B	--0.17%
ENOV	F	--0.17%
UHAL	A	--0.17%
ALGM	F	--0.17%
BEAM	F	--0.17%
KNSL	D	--0.18%
LUV	B	--0.18%
CHK	D	--0.18%
NTLA	F	--0.18%
TXG	F	--0.18%
VNO	A	--0.18%
HI	F	--0.18%
TFC	D	--0.19%
CINF	A	--0.19%
TTD	C	--0.19%
AJG	D	--0.19%
PNFP	D	--0.19%
LKQ	F	--0.19%
XPO	F	--0.19%
CGON	C	--0.19%
CACC	F	--0.2%
ELF	F	--0.2%
SOFI	C	--0.2%
BE	F	--0.2%
AVAV	B	--0.2%
APD	C	--0.2%
GTLS	F	--0.2%
KROS	B	--0.2%
CNH	B	--0.2%
GATX	F	--0.2%
BANC	D	--0.2%
GPOR	B	--0.21%
COLB	C	--0.21%
EW	F	--0.21%
IRTC	F	--0.21%
MSCI	B	--0.21%
AGCO	D	--0.21%
TREX	D	--0.21%
AIR	D	--0.21%
FLYW	F	--0.22%
WOLF	F	--0.22%
COTY	F	--0.22%
RBA	D	--0.22%
XYL	C	--0.22%
FCNCA	D	--0.22%
WTM	D	--0.22%
UEC	B	--0.22%
ARWR	F	--0.22%
DXCM	F	--0.23%
KLIC	D	--0.23%
EL	D	--0.23%
SW	C	--0.24%
RNR	A	--0.24%
SUM	D	--0.24%
BIO	B	--0.24%
AEIS	F	--0.25%
CNX	A	--0.26%
AL	D	--0.26%
HSY	D	--0.26%
C	B	--0.26%
EQT	B	--0.27%
SITE	D	--0.27%
ALB	D	--0.27%
PEN	D	--0.27%
ROIV	D	--0.27%
GMED	D	--0.28%
LW	D	--0.28%
D	A	--0.29%
CELH	F	--0.29%
GE	C	--0.29%
MRNA	F	--0.3%
PSA	C	--0.3%
NEOG	D	--0.3%
PTEN	F	--0.3%
GT	F	--0.3%
APLS	F	--0.31%
SRE	A	--0.31%
MNST	D	--0.31%
VVV	D	--0.31%
ENPH	D	--0.32%
EVTC	D	--0.32%
INSP	B	--0.32%
AUR	C	--0.34%
FDS	C	--0.34%
MKTX	C	--0.34%
ON	F	--0.34%
MARA	F	--0.34%
NDAQ	C	--0.35%
AFRM	C	--0.35%
BRZE	F	--0.36%
APO	A	--0.36%
LPLA	D	--0.37%
BA	F	--0.37%
FOUR	B	--0.37%
EXAS	C	--0.38%
LYV	A	--0.38%
RIVN	F	--0.38%
ADBE	F	--0.39%
ZBRA	A	--0.39%
RIOT	F	--0.39%
PATH	D	--0.4%
CYTK	F	--0.41%
WBD	D	--0.42%
SATS	C	--0.43%
BBIO	F	--0.43%
ZI	F	--0.44%
MDB	F	--0.44%
GLOB	B	--0.45%
DLTR	F	--0.45%
CGNX	F	--0.45%
CCOI	B	--0.45%
DV	F	--0.46%
CASY	D	--0.47%
TTWO	F	--0.47%
BILL	D	--0.48%
LBRDK	B	--0.48%
PINS	D	--0.49%
CFLT	F	--0.51%
MCHP	F	--0.52%
FIVE	D	--0.52%
FIVN	F	--0.53%
U	D	--0.53%
RH	C	--0.54%
POOL	B	--0.56%
DELL	C	--0.6%
FND	C	--0.64%
GFS	F	--0.67%
LITE	A	--0.79%
INTC	D	--0.8%
WDC	C	--0.8%
LSCC	D	--0.81%
TXN	C	--0.85%