QUS vs. CLSE ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Convergence Long/Short Equity ETF (CLSE)
QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$157.46

Average Daily Volume

17,326

Number of Holdings *

582

* 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

$22.51

Average Daily Volume

49,544

Number of Holdings *

331

* may have additional holdings in another (foreign) market
Performance
Period QUS CLSE
30 Days 2.18% 5.51%
60 Days 9.14% 11.19%
90 Days 5.76% 4.00%
12 Months 33.62% 39.98%
153 Overlapping Holdings
Symbol Grade Weight in QUS Weight in CLSE Overlap
AAPL C 3.29% 1.95% 1.95%
ABBV C 0.59% 1.02% 0.59%
ADBE F 0.72% -0.39% -0.39%
AES C 0.02% -0.08% -0.08%
AJG C 0.45% -0.19% -0.19%
ALB D 0.02% -0.27% -0.27%
ALNY C 0.09% 0.25% 0.09%
AMGN D 0.31% 0.28% 0.28%
AMZN C 0.63% 2.37% 0.63%
ANET A 0.4% 1.93% 0.4%
APD C 0.04% -0.2% -0.2%
APO A 0.02% -0.36% -0.36%
APP A 0.01% 1.45% 0.01%
AVGO B 0.6% 2.7% 0.6%
BA F 0.03% -0.37% -0.37%
BAC B 0.59% 0.8% 0.59%
BG F 0.05% 0.69% 0.05%
BIO B 0.01% -0.24% -0.24%
BKNG B 0.03% 0.26% 0.03%
BMY A 0.33% 0.92% 0.33%
C B 0.41% -0.26% -0.26%
CAH B 0.11% 0.58% 0.11%
CAT A 0.65% 0.36% 0.36%
CCL C 0.01% 0.25% 0.01%
CELH F 0.0% -0.29% -0.29%
CFG C 0.06% 0.39% 0.06%
CHK C 0.05% -0.18% -0.18%
CHRW C 0.02% 0.67% 0.02%
CINF A 0.03% -0.19% -0.19%
CNC F 0.11% 0.7% 0.11%
CNH C 0.03% -0.2% -0.2%
COR F 0.33% 0.68% 0.33%
CVS D 0.34% 0.19% 0.19%
CVX B 0.51% 0.45% 0.45%
D A 0.14% -0.29% -0.29%
DAY C 0.0% -0.15% -0.15%
DELL C 0.05% -0.6% -0.6%
DLTR F 0.02% -0.45% -0.45%
DOCU A 0.0% 1.4% 0.0%
DVA C 0.01% 0.83% 0.01%
DVN F 0.04% 0.55% 0.04%
DXCM F 0.0% -0.23% -0.23%
EL D 0.02% -0.23% -0.23%
EME B 0.07% 0.86% 0.07%
ENPH F 0.05% -0.32% -0.32%
EQR C 0.02% 0.41% 0.02%
EQT C 0.02% -0.27% -0.27%
EW F 0.12% -0.21% -0.21%
EXAS C 0.0% -0.38% -0.38%
EXPE B 0.01% 0.5% 0.01%
EXR D 0.03% -0.15% -0.15%
FCNCA D 0.28% -0.22% -0.22%
FCX B 0.05% 0.38% 0.05%
FDS C 0.05% -0.34% -0.34%
FITB C 0.05% 0.61% 0.05%
GDDY B 0.28% 1.41% 0.28%
GE B 0.12% -0.29% -0.29%
GILD A 0.41% 0.91% 0.41%
GLW C 0.14% 0.28% 0.14%
GM D 0.25% 0.51% 0.25%
GOOG B 1.09% 1.26% 1.09%
GOOGL B 1.18% 3.08% 1.18%
GRMN D 0.17% 0.09% 0.09%
HD A 0.35% 1.22% 0.35%
HPE B 0.06% 2.06% 0.06%
HSY D 0.2% -0.26% -0.26%
IBM A 0.73% 1.43% 0.73%
INTC D 0.17% -0.8% -0.8%
J F 0.02% 0.32% 0.02%
JNJ D 1.75% 0.91% 0.91%
JPM C 0.91% 0.59% 0.59%
KLAC B 0.36% 0.47% 0.36%
KMB D 0.1% 0.16% 0.1%
KR C 0.31% 0.16% 0.16%
LDOS A 0.02% 0.45% 0.02%
LKQ F 0.02% -0.19% -0.19%
LMT A 0.83% 0.54% 0.54%
LNG A 0.05% 0.65% 0.05%
LPLA D 0.06% -0.37% -0.37%
LUV B 0.01% -0.18% -0.18%
LW D 0.03% -0.28% -0.28%
LYV A 0.01% -0.38% -0.38%
MCHP F 0.12% -0.52% -0.52%
MDB D 0.0% -0.44% -0.44%
MDT C 0.15% 0.46% 0.15%
MET A 0.09% 0.56% 0.09%
META A 2.43% 3.31% 2.43%
MKL B 0.14% -0.15% -0.15%
MKTX B 0.03% -0.34% -0.34%
MNST D 0.12% -0.31% -0.31%
MO D 0.06% 0.76% 0.06%
MPC D 0.34% 0.44% 0.34%
MRK F 0.55% 0.5% 0.5%
MRNA F 0.02% -0.3% -0.3%
MRO B 0.04% 0.0% 0.0%
MSCI B 0.01% -0.21% -0.21%
MSFT D 2.76% 1.01% 1.01%
MU D 0.07% 1.05% 0.07%
NDAQ C 0.02% -0.35% -0.35%
NEE C 0.11% 0.54% 0.11%
NEM C 0.25% 0.52% 0.25%
NFLX A 0.12% 0.31% 0.12%
NRG A 0.03% 0.69% 0.03%
NTAP D 0.16% 1.74% 0.16%
NTRS B 0.03% 0.89% 0.03%
NVDA B 2.29% 3.84% 2.29%
NVR C 0.12% 0.31% 0.12%
OKE A 0.05% -0.17% -0.17%
ON F 0.02% -0.34% -0.34%
ORCL A 0.49% 1.46% 0.49%
PG D 0.61% 0.7% 0.61%
PGR B 0.65% 0.47% 0.47%
PINS D 0.0% -0.49% -0.49%
PNC C 0.15% 0.59% 0.15%
POOL D 0.05% -0.56% -0.56%
PSA C 0.15% -0.3% -0.3%
PYPL A 0.07% 1.07% 0.07%
QCOM D 0.57% 2.56% 0.57%
RBLX D 0.0% -0.13% -0.13%
RF B 0.05% 0.59% 0.05%
RIVN F 0.01% -0.38% -0.38%
RTX A 0.19% 0.54% 0.19%
SBUX B 0.06% -0.11% -0.11%
SEIC B 0.03% 0.77% 0.03%
SJM D 0.02% -0.12% -0.12%
SPG A 0.03% 0.4% 0.03%
SRE C 0.06% -0.31% -0.31%
SW C 0.03% -0.24% -0.24%
SYF A 0.05% 0.94% 0.05%
T B 0.68% 1.01% 0.68%
TFC D 0.14% -0.19% -0.19%
TSLA C 0.22% 0.74% 0.22%
TSN D 0.28% 0.53% 0.28%
TTD A 0.0% -0.19% -0.19%
TTWO D 0.01% -0.47% -0.47%
TXN C 1.07% -0.85% -0.85%
UHAL C 0.01% -0.17% -0.17%
UHS D 0.02% 0.78% 0.02%
UNP F 0.08% 0.57% 0.08%
VLO F 0.14% 0.77% 0.14%
VMC D 0.02% -0.11% -0.11%
VRT B 0.01% 0.42% 0.01%
VST A 0.02% 0.56% 0.02%
VTRS D 0.05% 0.0% 0.0%
WBD F 0.1% -0.42% -0.42%
WDC C 0.02% -0.8% -0.8%
WFC B 0.37% 0.58% 0.37%
WMT A 0.92% 1.94% 0.92%
WTRG D 0.01% -0.16% -0.16%
WY C 0.03% -0.16% -0.16%
XOM A 0.83% 0.59% 0.59%
XYL C 0.02% -0.22% -0.22%
ZBRA B 0.01% -0.39% -0.39%
QUS Overweight 429 Positions Relative to CLSE
Symbol Grade Weight
LLY D 2.3%
UNH B 2.2%
V B 1.72%
MA A 1.62%
COST C 1.28%
CSCO A 1.24%
ACN B 1.18%
PEP F 1.1%
BRK.A B 1.08%
KO C 0.95%
VZ C 0.89%
TMUS A 0.69%
MMC D 0.69%
CB A 0.67%
APH D 0.65%
DUK C 0.63%
NOC B 0.61%
VRTX D 0.59%
MSI A 0.59%
AMAT C 0.57%
SO A 0.56%
TJX D 0.55%
WCN D 0.52%
MCD A 0.52%
RSG D 0.52%
ADP A 0.51%
WM B 0.5%
MCK F 0.5%
HON C 0.48%
ROP D 0.47%
ED C 0.46%
TRV B 0.43%
BLK A 0.42%
ACGL A 0.42%
CMCSA B 0.41%
CTSH B 0.39%
ELV F 0.38%
PFE D 0.38%
AZO D 0.37%
REGN D 0.36%
LRCX D 0.35%
NKE D 0.33%
CBOE B 0.31%
GIS C 0.3%
WEC B 0.29%
K B 0.29%
MMM C 0.29%
ZTS C 0.28%
EA D 0.28%
KDP C 0.28%
FI A 0.27%
ITW C 0.27%
KEYS B 0.27%
PANW B 0.27%
CI D 0.26%
SHW C 0.26%
BDX C 0.26%
CDNS D 0.26%
SNPS F 0.26%
MDLZ D 0.25%
ORLY A 0.25%
GS B 0.25%
TT A 0.25%
CDW D 0.24%
CME A 0.23%
VRSN C 0.23%
NOW B 0.23%
CMG C 0.22%
BAH C 0.22%
AFL A 0.22%
DHI C 0.22%
FANG D 0.22%
CTAS C 0.22%
ERIE A 0.22%
MCO D 0.21%
FFIV B 0.21%
TDY A 0.2%
HUM F 0.2%
AEP C 0.2%
KHC F 0.2%
EG A 0.19%
XEL C 0.19%
YUM C 0.19%
AON A 0.19%
JNPR C 0.18%
CL D 0.18%
INCY B 0.18%
UBER C 0.18%
LIN C 0.17%
COP D 0.17%
AKAM D 0.17%
PTC B 0.17%
CTVA A 0.17%
ROL C 0.17%
FICO C 0.17%
GWW B 0.17%
F D 0.16%
MS A 0.16%
PAYX B 0.16%
VRSK D 0.15%
IDXX D 0.15%
EOG B 0.15%
ICE A 0.15%
PSX D 0.15%
ADI B 0.15%
AFG A 0.15%
MOH F 0.15%
WTW C 0.15%
ABT C 0.15%
CMI A 0.15%
FAST C 0.14%
CHD D 0.14%
ADSK B 0.14%
DIS D 0.14%
WDAY D 0.14%
USB C 0.14%
TMO D 0.13%
A B 0.13%
LOW C 0.13%
CPRT B 0.13%
CPB D 0.13%
COF A 0.13%
AIG C 0.12%
MPWR B 0.12%
WRB C 0.12%
L C 0.12%
PHM C 0.12%
WMB A 0.12%
GEN A 0.12%
ODFL F 0.12%
IT A 0.12%
OXY D 0.11%
AEE A 0.11%
PM D 0.11%
NBIX F 0.11%
DE C 0.11%
FDX F 0.11%
AIZ B 0.11%
UPS D 0.11%
ROK D 0.1%
TSCO A 0.1%
RMD C 0.1%
CRM B 0.1%
AXP A 0.1%
UTHR C 0.1%
TGT C 0.1%
DHR D 0.1%
LULU D 0.1%
DTE B 0.1%
BBY C 0.1%
TROW D 0.09%
PLD D 0.09%
BLDR C 0.09%
VLTO A 0.09%
BMRN F 0.09%
HIG A 0.09%
CMS A 0.09%
ADM F 0.09%
GD C 0.08%
NUE D 0.08%
CHTR D 0.08%
DECK B 0.08%
MELI D 0.08%
PKG B 0.08%
PRU B 0.08%
VEEV C 0.08%
BK A 0.08%
HRL F 0.08%
ULTA D 0.08%
HUBB A 0.07%
HUBS D 0.07%
DPZ D 0.07%
MTB A 0.07%
HPQ B 0.07%
WAT B 0.07%
WSM C 0.07%
MANH A 0.07%
TW A 0.07%
SPGI C 0.07%
EXPD D 0.07%
LEN C 0.07%
HCA C 0.07%
OMC C 0.07%
AMD C 0.07%
DOW B 0.07%
STX C 0.07%
HOLX D 0.07%
PCG C 0.06%
KMI A 0.06%
SCHW D 0.06%
SOLV C 0.06%
TER C 0.06%
DGX D 0.06%
DFS A 0.06%
TPL A 0.06%
EXC C 0.06%
ALL A 0.06%
WST D 0.06%
WBA F 0.06%
ETN B 0.05%
CBRE C 0.05%
HBAN B 0.05%
GGG C 0.05%
JCI C 0.05%
EIX C 0.05%
JBHT D 0.05%
O C 0.05%
SYY D 0.05%
NSC C 0.05%
SYK C 0.05%
PCAR D 0.05%
LNT B 0.05%
CSX D 0.05%
SNA C 0.05%
SLB D 0.05%
LYB B 0.05%
CRWD D 0.05%
STT A 0.05%
WSO C 0.05%
APA F 0.05%
SWKS F 0.05%
EPAM F 0.04%
GEV A 0.04%
PH A 0.04%
BKR B 0.04%
FSLR C 0.04%
KEY B 0.04%
CEG A 0.04%
KKR A 0.04%
KNX D 0.04%
VICI C 0.04%
CARR A 0.04%
STLD C 0.04%
JKHY A 0.04%
URI C 0.04%
ATO A 0.04%
BX C 0.04%
KVUE C 0.04%
ALLE A 0.04%
BSX A 0.04%
PEG A 0.04%
OTIS A 0.04%
ETR A 0.04%
LHX A 0.04%
AMT D 0.04%
EMR B 0.04%
DD C 0.04%
IEX D 0.04%
CAG D 0.03%
ECL C 0.03%
ALLY F 0.03%
FE C 0.03%
PPL C 0.03%
PPG D 0.03%
BAX D 0.03%
RJF B 0.03%
PAYC D 0.03%
APTV D 0.03%
HAL D 0.03%
BR B 0.03%
BIIB F 0.03%
JBL C 0.03%
PARA F 0.03%
ACI F 0.03%
TTC F 0.03%
OVV D 0.03%
KMX F 0.03%
ES D 0.03%
SWK C 0.03%
CCI D 0.03%
NXPI F 0.03%
CF A 0.03%
ROST D 0.03%
GEHC C 0.03%
CTRA D 0.03%
ISRG C 0.03%
FIS A 0.03%
MOS F 0.03%
DLR C 0.03%
AMP A 0.03%
IP C 0.03%
WELL C 0.03%
PFG A 0.03%
INTU F 0.03%
AOS C 0.03%
GPN F 0.03%
DRI C 0.02%
SSNC C 0.02%
ABNB D 0.02%
MRVL C 0.02%
EFX D 0.02%
CCK C 0.02%
MLM F 0.02%
IPG D 0.02%
EQH B 0.02%
DOV C 0.02%
RVTY C 0.02%
IR A 0.02%
MAR A 0.02%
BALL C 0.02%
KIM C 0.02%
STZ D 0.02%
NI A 0.02%
VTR C 0.02%
OC C 0.02%
AWK D 0.02%
FTV C 0.02%
EMN C 0.02%
AMCR C 0.02%
CRBG B 0.02%
AVB C 0.02%
ARE D 0.02%
TXT F 0.02%
WAB A 0.02%
PWR A 0.02%
GPC D 0.02%
AME C 0.02%
CNP B 0.02%
EVRG C 0.02%
FNF C 0.02%
HES D 0.02%
FOXA B 0.02%
EBAY A 0.02%
ZBH F 0.02%
TRGP A 0.02%
TAP D 0.02%
CE D 0.02%
SQ D 0.02%
IFF D 0.02%
EQIX C 0.02%
DG F 0.02%
RS D 0.02%
IQV F 0.02%
DINO F 0.02%
TECH D 0.01%
TYL D 0.01%
Z C 0.01%
ENTG D 0.01%
BBWI F 0.01%
LII C 0.01%
MTCH B 0.01%
NDSN C 0.01%
COIN F 0.01%
ARES A 0.01%
ILMN B 0.01%
ALGN D 0.01%
DASH A 0.01%
MTD C 0.01%
LVS B 0.01%
UDR C 0.01%
TWLO B 0.01%
SBAC C 0.01%
AMH D 0.01%
RCL B 0.01%
ANSS D 0.01%
CSGP F 0.01%
CTLT A 0.01%
CRL F 0.01%
MGM D 0.01%
CPT C 0.01%
TFX C 0.01%
RPRX D 0.01%
FOX B 0.01%
WLK C 0.01%
FTNT A 0.01%
RPM A 0.01%
PNR C 0.01%
GLPI C 0.01%
HST D 0.01%
DAL C 0.01%
NWSA D 0.01%
HLT A 0.01%
TDG A 0.01%
ESS D 0.01%
CSL A 0.01%
REG C 0.01%
BEN F 0.01%
AVY D 0.01%
TRU C 0.01%
QRVO F 0.01%
TRMB B 0.01%
IRM B 0.01%
CLX C 0.01%
MAS C 0.01%
FBIN C 0.01%
ZM B 0.01%
CG B 0.01%
HWM A 0.01%
SUI D 0.01%
ACM A 0.01%
BURL C 0.01%
MAA D 0.01%
AVTR D 0.01%
CPAY A 0.01%
INVH D 0.01%
STE D 0.01%
WPC C 0.01%
HSIC D 0.01%
BRO A 0.01%
HII F 0.01%
MKC C 0.01%
CHRD F 0.01%
DOC C 0.01%
DKS D 0.01%
BXP B 0.01%
TEAM D 0.0%
ZS F 0.0%
IOT C 0.0%
NET D 0.0%
TOST B 0.0%
DKNG C 0.0%
DDOG B 0.0%
BSY D 0.0%
MSTR B 0.0%
PSTG F 0.0%
SNAP D 0.0%
H B 0.0%
DT B 0.0%
PODD C 0.0%
SNOW F 0.0%
WYNN B 0.0%
HEI C 0.0%
AXON A 0.0%
ROKU C 0.0%
HOOD B 0.0%
HEI C 0.0%
ELS D 0.0%
PLTR A 0.0%
OKTA F 0.0%
QUS Underweight 178 Positions Relative to CLSE
Symbol Grade Weight
CVNA A -1.82%
CVLT B -1.65%
IDCC A -1.17%
ACIW A -1.16%
AMG B -1.0%
SNEX B -1.0%
JHG A -0.97%
NTNX C -0.95%
AVT B -0.95%
HALO D -0.94%
THC D -0.86%
AMRX B -0.83%
OGN F -0.83%
MLI B -0.78%
PPC C -0.77%
BFH D -0.74%
FTDR B -0.73%
JXN A -0.71%
IIPR C -0.67%
ADMA A -0.67%
IESC A -0.66%
GVA A -0.65%
UMBF C -0.63%
PATK A -0.61%
MWA A -0.58%
SLVM C -0.58%
MTZ A -0.57%
PRIM A -0.56%
MATX C -0.56%
REZI D -0.55%
AVA D -0.55%
STRL B -0.52%
OSCR C -0.52%
RGA B -0.52%
PNW C -0.48%
CNA D -0.47%
ATGE D -0.47%
LNTH C -0.46%
EXP C -0.44%
CACI A -0.44%
SCCO B -0.44%
RGLD C -0.41%
ACT B -0.39%
EEFT F -0.39%
MUSA D -0.38%
LAMR C -0.36%
ALSN A -0.35%
CTRE C -0.35%
NSA D -0.35%
IBP C -0.34%
TOL C -0.34%
KBH D -0.32%
STAG D -0.32%
ABM D -0.32%
SM D -0.31%
BCO C -0.31%
OUT C -0.27%
JLL C -0.25%
ASPN C -0.25%
ANF D -0.24%
CPNG C -0.18%
NTRA A -0.15%
SPOT C -0.14%
QQQ B -0.0%
ADUS D -0.0%
MHO C -0.0%
KNF B -0.0%
HRB C -0.0%
JOBY C --0.04%
CAR D --0.06%
PENN D --0.07%
PGNY F --0.08%
MCW F --0.09%
CZR B --0.09%
BRKR D --0.09%
MASI B --0.09%
NXST D --0.09%
AGL F --0.1%
DRVN C --0.1%
VAC D --0.1%
LGIH C --0.1%
HGV F --0.1%
AWR B --0.1%
HHH C --0.11%
ACVA C --0.11%
ALIT D --0.12%
JBLU B --0.13%
PCH C --0.14%
PPBI D --0.14%
MTN D --0.14%
KRG C --0.15%
COLD D --0.15%
AA B --0.15%
BIRK F --0.15%
PYCR D --0.15%
WAL C --0.16%
THO C --0.16%
CC D --0.16%
CHDN C --0.16%
OSK F --0.17%
AESI B --0.17%
ENOV F --0.17%
ALGM F --0.17%
BEAM F --0.17%
KNSL B --0.18%
NTLA F --0.18%
TXG F --0.18%
VNO B --0.18%
HI F --0.18%
PNFP B --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%
GTLS D --0.2%
KROS C --0.2%
GATX F --0.2%
BANC D --0.2%
GPOR B --0.21%
COLB C --0.21%
IRTC F --0.21%
AGCO D --0.21%
TREX D --0.21%
AIR C --0.21%
FLYW F --0.22%
WOLF F --0.22%
COTY F --0.22%
RBA D --0.22%
WTM C --0.22%
UEC C --0.22%
ARWR F --0.22%
KLIC D --0.23%
RNR A --0.24%
SUM F --0.24%
AEIS B --0.25%
CNX A --0.26%
AL D --0.26%
SITE D --0.27%
PEN D --0.27%
ROIV D --0.27%
GMED B --0.28%
NEOG F --0.3%
PTEN F --0.3%
GT F --0.3%
APLS F --0.31%
VVV D --0.31%
EVTC D --0.32%
INSP C --0.32%
AUR C --0.34%
MARA F --0.34%
AFRM C --0.35%
BRZE F --0.36%
FOUR A --0.37%
RIOT F --0.39%
PATH D --0.4%
CYTK D --0.41%
SATS C --0.43%
BBIO F --0.43%
ZI F --0.44%
GLOB D --0.45%
CGNX F --0.45%
CCOI B --0.45%
DV F --0.46%
CASY D --0.47%
BILL D --0.48%
LBRDK C --0.48%
CFLT F --0.51%
FIVE D --0.52%
FIVN F --0.53%
U D --0.53%
RH C --0.54%
FND C --0.64%
GFS F --0.67%
LITE A --0.79%
LSCC D --0.81%
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