QWLD vs. CLSE ETF Comparison

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

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$127.71

Average Daily Volume

4,840

Number of Holdings *

605

* 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

$22.11

Average Daily Volume

53,246

Number of Holdings *

326

* may have additional holdings in another (foreign) market
Performance
Period QWLD CLSE
30 Days 0.84% 2.69%
60 Days 3.37% 4.00%
90 Days 6.17% 2.60%
12 Months 26.50% 38.92%
156 Overlapping Holdings
Symbol Grade Weight in QWLD Weight in CLSE Overlap
AAPL C 2.56% 2.26% 2.26%
ABBV C 0.15% 1.04% 0.15%
ABBV C 0.41% 1.04% 0.41%
ADBE F 0.49% -0.36% -0.36%
AES C 0.01% -0.08% -0.08%
AGCO D 0.01% -0.24% -0.24%
AJG D 0.19% -0.21% -0.21%
ALB F 0.01% -0.26% -0.26%
AMGN B 0.19% 0.55% 0.19%
AMZN C 0.34% 2.5% 0.34%
ANET A 0.18% 1.86% 0.18%
APD B 0.02% -0.26% -0.26%
APP B 0.0% 2.04% 0.0%
AVGO C 0.11% 2.58% 0.11%
BA F 0.02% -0.38% -0.38%
BAC D 0.33% 0.81% 0.33%
BG D 0.03% 0.72% 0.03%
BIO C 0.0% -0.24% -0.24%
BKNG B 0.02% 0.25% 0.02%
BMY C 0.18% 0.49% 0.18%
BX B 0.02% -0.21% -0.21%
C D 0.21% -0.48% -0.48%
CAH C 0.12% 0.61% 0.12%
CAT B 0.32% 0.33% 0.32%
CCL C 0.0% 0.24% 0.0%
CFG C 0.03% 0.57% 0.03%
CG D 0.01% -0.15% -0.15%
CHK D 0.02% -0.15% -0.15%
CHRW A 0.01% 0.66% 0.01%
CINF C 0.02% -0.2% -0.2%
CNC C 0.06% 0.73% 0.06%
CNH D 0.01% -0.19% -0.19%
CSCO B 0.88% -0.27% -0.27%
CVX D 0.28% 0.51% 0.28%
D B 0.06% -0.34% -0.34%
DAY D 0.0% -0.15% -0.15%
DLTR F 0.01% -0.23% -0.23%
DOCU C 0.0% 1.21% 0.0%
DRI B 0.03% -0.11% -0.11%
DVA B 0.01% 0.82% 0.01%
DVN D 0.03% 0.35% 0.03%
DXCM F 0.0% -0.22% -0.22%
EL F 0.01% -0.2% -0.2%
EME A 0.03% 0.81% 0.03%
ENPH D 0.03% -0.32% -0.32%
EQR C 0.01% 0.44% 0.01%
EQT D 0.01% -0.26% -0.26%
EXAS C 0.0% -0.34% -0.34%
EXPE C 0.01% 0.53% 0.01%
EXR B 0.01% -0.15% -0.15%
FCNCA D 0.09% -0.19% -0.19%
FCX D 0.02% 0.38% 0.02%
FDS C 0.02% -0.23% -0.23%
FDX F 0.07% 0.5% 0.07%
FITB B 0.03% 0.61% 0.03%
GDDY C 0.21% 1.58% 0.21%
GE A 0.29% -0.36% -0.36%
GILD B 0.22% 0.98% 0.22%
GLW B 0.02% 0.32% 0.02%
GM B 0.15% 0.54% 0.15%
GOOG D 0.83% 1.22% 0.83%
GOOGL D 0.95% 2.93% 0.95%
GRMN D 0.05% 0.35% 0.05%
HD A 0.14% 1.17% 0.14%
HPE D 0.03% 1.52% 0.03%
HSY D 0.18% -0.28% -0.28%
IBM A 0.48% 1.7% 0.48%
ILMN C 0.0% -0.16% -0.16%
INTC F 0.08% -0.93% -0.93%
J C 0.01% 0.36% 0.01%
JNJ C 1.19% 0.96% 0.96%
JPM D 0.52% 0.77% 0.52%
KLAC D 0.18% 0.47% 0.18%
KMB D 0.12% 0.4% 0.12%
KR C 0.28% 0.17% 0.17%
LDOS B 0.01% 0.38% 0.01%
LKQ F 0.01% -0.2% -0.2%
LMT B 0.45% 0.54% 0.45%
LPLA F 0.03% -0.35% -0.35%
LUV C 0.0% -0.21% -0.21%
LVS D 0.0% -0.36% -0.36%
LW D 0.0% -0.29% -0.29%
LYV B 0.0% -0.36% -0.36%
MCHP D 0.07% -0.5% -0.5%
MCK F 0.49% 0.71% 0.49%
MET A 0.04% 0.54% 0.04%
META A 1.96% 3.15% 1.96%
MKTX C 0.02% -0.4% -0.4%
MNST D 0.06% -0.31% -0.31%
MO C 0.04% 0.81% 0.04%
MPC D 0.18% 0.74% 0.18%
MRK D 0.51% 0.53% 0.51%
MRNA F 0.02% -0.06% -0.06%
MRO C 0.02% 0.39% 0.02%
MS C 0.09% -0.25% -0.25%
MSFT C 2.36% 1.12% 1.12%
MU F 0.04% 1.02% 0.04%
NDAQ A 0.01% -0.36% -0.36%
NEE C 0.06% 0.55% 0.06%
NEM B 0.04% 0.62% 0.04%
NFLX B 0.45% 0.31% 0.31%
NRG A 0.01% 0.54% 0.01%
NTAP D 0.04% 1.64% 0.04%
NTRS B 0.01% 0.91% 0.01%
NVDA D 2.1% 4.12% 2.1%
NVR B 0.07% 0.3% 0.07%
O C 0.03% -0.31% -0.31%
OKE B 0.03% -0.24% -0.24%
ON F 0.01% -0.36% -0.36%
ORCL B 0.22% 1.22% 0.22%
PG C 0.98% 0.81% 0.81%
PGR A 0.34% 0.55% 0.34%
POOL D 0.03% -0.54% -0.54%
PYPL B 0.04% 0.98% 0.04%
QCOM F 0.34% 2.58% 0.34%
RBLX B 0.0% -0.15% -0.15%
REGN C 0.47% -0.32% -0.32%
RF B 0.03% 0.69% 0.03%
RIVN F 0.0% -0.41% -0.41%
ROK F 0.05% -0.08% -0.08%
RTX C 0.09% 0.51% 0.09%
SEIC C 0.01% 0.81% 0.01%
SJM C 0.08% -0.17% -0.17%
SMCI F 0.03% -0.55% -0.55%
SPG A 0.02% 0.41% 0.02%
SRE B 0.03% -0.33% -0.33%
SW C 0.02% -0.23% -0.23%
SYF C 0.03% 0.86% 0.03%
T C 0.37% 1.03% 0.37%
TFC D 0.08% -0.2% -0.2%
TOST A 0.0% -0.34% -0.34%
TSLA C 0.11% 0.59% 0.11%
TSN D 0.14% 0.57% 0.14%
TTD B 0.0% -0.23% -0.23%
TTWO D 0.01% -0.47% -0.47%
TXN C 0.49% -0.85% -0.85%
UHAL B 0.01% -0.16% -0.16%
UHS B 0.01% 0.87% 0.01%
UNP C 0.28% 0.57% 0.28%
VLO F 0.07% 0.79% 0.07%
VMC D 0.01% -0.11% -0.11%
VRT C 0.0% 0.59% 0.0%
VST A 0.01% 0.53% 0.01%
VTRS D 0.03% 0.31% 0.03%
WAT C 0.04% -0.25% -0.25%
WBA F 0.04% -0.22% -0.22%
WBD D 0.05% -0.38% -0.38%
WDC D 0.01% -0.58% -0.58%
WFC D 0.2% 0.55% 0.2%
WMT B 0.72% 2.07% 0.72%
WTRG D 0.01% -0.16% -0.16%
WTW C 0.07% -0.1% -0.1%
WY C 0.02% -0.19% -0.19%
XOM D 0.44% 0.58% 0.44%
XYL D 0.01% -0.23% -0.23%
ZBRA B 0.01% -0.48% -0.48%
QWLD Overweight 449 Positions Relative to CLSE
Symbol Grade Weight
LLY C 1.42%
UNH C 1.36%
V C 1.12%
NVS C 0.89%
PEP D 0.86%
COST B 0.76%
BRK.A C 0.71%
MA B 0.67%
KO B 0.65%
ACN C 0.65%
TMUS C 0.64%
VZ B 0.61%
MSI B 0.58%
MMC C 0.53%
WM D 0.5%
ROP C 0.49%
SO A 0.47%
RSG D 0.46%
VRTX D 0.44%
MCD B 0.42%
CB B 0.4%
GIS B 0.38%
APH C 0.38%
ED C 0.38%
DUK B 0.37%
TJX C 0.35%
NOC A 0.33%
AMAT D 0.32%
UL C 0.3%
AZO D 0.29%
WCN D 0.28%
ACGL B 0.28%
ELV C 0.28%
TRV B 0.27%
CBOE C 0.26%
INTU C 0.25%
HON D 0.24%
ISRG C 0.24%
ADP B 0.24%
K A 0.23%
CL C 0.23%
ORLY D 0.22%
KHC C 0.22%
BLK B 0.21%
PFE C 0.21%
MFG D 0.2%
WEC B 0.2%
CI C 0.2%
LRCX F 0.2%
CTSH C 0.2%
GD B 0.19%
CHKP A 0.19%
EA D 0.18%
CHD C 0.18%
HUM F 0.18%
KEYS C 0.17%
MDLZ C 0.17%
CVS F 0.17%
NKE D 0.17%
CME C 0.16%
AON B 0.16%
L D 0.16%
KDP B 0.16%
PANW C 0.16%
ZTS C 0.16%
YUM F 0.15%
ERIE B 0.15%
BAH B 0.15%
CMCSA D 0.15%
WMB B 0.15%
CTAS C 0.14%
TD A 0.14%
WRB C 0.14%
FFIV B 0.14%
SHW B 0.14%
GS C 0.14%
VRSN D 0.14%
UTHR C 0.14%
MMM A 0.14%
TM F 0.14%
TGT C 0.14%
E C 0.13%
JNPR A 0.13%
BRO C 0.13%
CMG C 0.13%
PSX D 0.13%
MCO A 0.13%
TT A 0.13%
MKL C 0.12%
AFL C 0.12%
CF C 0.12%
DHI C 0.12%
DEO D 0.12%
INCY C 0.12%
CDNS D 0.12%
MUFG D 0.12%
AKAM D 0.12%
ITW C 0.12%
CNI D 0.11%
CSX D 0.11%
NBIX F 0.11%
SNPS D 0.11%
GWW A 0.1%
BCS B 0.1%
HRL D 0.1%
CPB B 0.1%
DGX C 0.1%
IDXX D 0.09%
CDW D 0.09%
F F 0.09%
SMFG D 0.09%
COP D 0.09%
STLA F 0.09%
LYG B 0.09%
LEN C 0.09%
PAYX C 0.09%
PSA B 0.09%
BMRN F 0.09%
PCAR D 0.09%
ABT C 0.09%
BDX F 0.08%
FAST C 0.08%
HMC D 0.08%
KVUE C 0.08%
XEL B 0.08%
ROL C 0.08%
CMI C 0.08%
PNC A 0.08%
SONY C 0.08%
AMCR C 0.08%
AEE A 0.08%
USB B 0.08%
FANG D 0.08%
TEL D 0.08%
ADSK C 0.08%
ULTA D 0.07%
UPS F 0.07%
AIG D 0.07%
A C 0.07%
PM C 0.07%
CPRT D 0.07%
ODFL D 0.07%
PTC D 0.07%
LOW A 0.07%
MOH D 0.07%
EW F 0.07%
AIZ B 0.07%
ALL B 0.07%
TMO C 0.07%
COF A 0.07%
AMP B 0.07%
AEP C 0.07%
DIS D 0.07%
DPZ D 0.06%
AXP B 0.06%
RMD C 0.06%
GPC D 0.06%
LULU D 0.06%
DHR C 0.06%
EG C 0.06%
BBY C 0.06%
MDT C 0.06%
LIN B 0.06%
DE B 0.06%
PHM B 0.06%
MPWR C 0.06%
JKHY C 0.06%
LOGI D 0.06%
BK A 0.05%
CHTR D 0.05%
TROW D 0.05%
LNG C 0.05%
CAG C 0.05%
VEEV C 0.05%
VLTO B 0.05%
BTI C 0.05%
DINO F 0.05%
CMS B 0.05%
PLD C 0.05%
EOG D 0.05%
ADM D 0.05%
TDY C 0.05%
TSCO C 0.05%
MTB A 0.04%
WSM D 0.04%
SBUX C 0.04%
MANH A 0.04%
SPGI A 0.04%
EXPD C 0.04%
HPQ D 0.04%
AMD D 0.04%
FICO B 0.04%
ADI C 0.04%
BR D 0.04%
DOW D 0.04%
NUE F 0.04%
HCA A 0.04%
DOV B 0.04%
CTVA B 0.04%
OMC B 0.04%
WDAY D 0.04%
PRU C 0.04%
MT D 0.04%
DECK D 0.04%
BLDR C 0.04%
CRM D 0.04%
CBRE A 0.03%
EIX C 0.03%
JBHT D 0.03%
HBAN B 0.03%
OC D 0.03%
APA F 0.03%
NSC C 0.03%
LNT B 0.03%
SYY D 0.03%
AMT C 0.03%
HIG B 0.03%
SLB F 0.03%
CSL B 0.03%
SNA C 0.03%
AVY D 0.03%
WSO C 0.03%
STT B 0.03%
KMI A 0.03%
ICE C 0.03%
LYB F 0.03%
SOLV C 0.03%
SYK C 0.03%
PKG B 0.03%
PCG B 0.03%
SWKS F 0.03%
DFS B 0.03%
TER D 0.03%
TRGP B 0.03%
SCHW D 0.03%
TPL A 0.03%
EXC B 0.03%
IT A 0.03%
HUBB A 0.03%
OXY F 0.03%
WST D 0.03%
NMR D 0.02%
GEV B 0.02%
PAYC D 0.02%
ACI F 0.02%
TTC D 0.02%
BIIB F 0.02%
ES C 0.02%
OVV F 0.02%
BAX C 0.02%
NXPI D 0.02%
CCI C 0.02%
PH A 0.02%
GEHC C 0.02%
AOS D 0.02%
MOS F 0.02%
AER B 0.02%
DLR B 0.02%
CTRA D 0.02%
FIS B 0.02%
PFG B 0.02%
DTE B 0.02%
BKR C 0.02%
IP C 0.02%
STLD D 0.02%
ROST C 0.02%
AFG B 0.02%
KKR A 0.02%
URI B 0.02%
WELL C 0.02%
EPAM F 0.02%
KEY B 0.02%
CARR B 0.02%
NDSN C 0.02%
GPN D 0.02%
PEG A 0.02%
VICI C 0.02%
ETR A 0.02%
DD B 0.02%
BSX B 0.02%
ALLE C 0.02%
EMR D 0.02%
LHX C 0.02%
IEX D 0.02%
PNR B 0.02%
ETN C 0.02%
GGG C 0.02%
JCI B 0.02%
IPG C 0.02%
DKS D 0.02%
MGM D 0.01%
AMH C 0.01%
VRSK D 0.01%
OTEX D 0.01%
RPM B 0.01%
CPT B 0.01%
CTLT B 0.01%
FOX B 0.01%
DAL C 0.01%
TFX C 0.01%
HST C 0.01%
NWSA D 0.01%
RPRX D 0.01%
FTNT B 0.01%
SBAC C 0.01%
GLPI C 0.01%
HLT B 0.01%
TRU B 0.01%
CLX C 0.01%
BURL C 0.01%
REG C 0.01%
MBAVU C 0.01%
BEN F 0.01%
FSLR C 0.01%
IRM B 0.01%
HWM B 0.01%
MAS B 0.01%
ZM C 0.01%
ACM B 0.01%
STE C 0.01%
HSIC D 0.01%
SUI C 0.01%
QRVO F 0.01%
SE A 0.01%
ESS C 0.01%
STX C 0.01%
INVH C 0.01%
WPC C 0.01%
CPAY C 0.01%
BXP B 0.01%
HII D 0.01%
MKC C 0.01%
DOC C 0.01%
CCEP B 0.01%
AVTR C 0.01%
CCK A 0.01%
ABNB D 0.01%
MAA C 0.01%
IR C 0.01%
EFX C 0.01%
CHRD F 0.01%
KNX D 0.01%
WFG A 0.01%
SSNC B 0.01%
STZ D 0.01%
FTV C 0.01%
MLM D 0.01%
EQH C 0.01%
MRVL C 0.01%
TDG B 0.01%
PWR B 0.01%
EMN B 0.01%
NI B 0.01%
OTIS C 0.01%
BALL C 0.01%
MAR C 0.01%
ARE C 0.01%
KIM C 0.01%
VTR C 0.01%
DELL C 0.01%
HOLX C 0.01%
AWK C 0.01%
TXT D 0.01%
APO B 0.01%
CRBG D 0.01%
WAB A 0.01%
AME C 0.01%
HES D 0.01%
FOXA B 0.01%
CNP D 0.01%
BSY D 0.01%
FNF B 0.01%
EBAY B 0.01%
ZBH F 0.01%
TAP D 0.01%
UBER C 0.01%
CE F 0.01%
ATO B 0.01%
EVRG B 0.01%
SQ D 0.01%
AVB C 0.01%
IFF C 0.01%
NOW A 0.01%
JBL D 0.01%
DG F 0.01%
RJF C 0.01%
ALLY D 0.01%
PARA F 0.01%
ECL A 0.01%
PPL B 0.01%
IQV D 0.01%
APTV D 0.01%
CEG A 0.01%
RS D 0.01%
EQIX B 0.01%
FE C 0.01%
SWK B 0.01%
HAL F 0.01%
KMX D 0.01%
PPG D 0.01%
MELI B 0.01%
GLBE C 0.0%
IOT A 0.0%
NET D 0.0%
XRX F 0.0%
DDOG D 0.0%
SNAP F 0.0%
FUTU D 0.0%
DKNG C 0.0%
MSTR D 0.0%
H C 0.0%
PSTG F 0.0%
HEI A 0.0%
GRAB B 0.0%
DT C 0.0%
PINS F 0.0%
SNOW F 0.0%
PODD B 0.0%
WYNN D 0.0%
CRWD D 0.0%
HOOD C 0.0%
ROKU C 0.0%
OKTA F 0.0%
TECH D 0.0%
LII B 0.0%
Z B 0.0%
TYL C 0.0%
TW B 0.0%
PLTR A 0.0%
AXON A 0.0%
HEI A 0.0%
ELS C 0.0%
ENTG D 0.0%
BBWI F 0.0%
DASH B 0.0%
COIN F 0.0%
RCL A 0.0%
WLK D 0.0%
MSCI C 0.0%
ARES A 0.0%
CRL F 0.0%
MTCH C 0.0%
QGEN C 0.0%
TWLO C 0.0%
ANSS D 0.0%
UDR C 0.0%
CSGP D 0.0%
ALGN D 0.0%
TRMB C 0.0%
QWLD Underweight 171 Positions Relative to CLSE
Symbol Grade Weight
CVLT B -1.64%
CVNA B -1.53%
ACIW B -1.12%
HALO C -1.03%
AMG C -0.98%
SNEX B -0.95%
OGN D -0.92%
JHG B -0.92%
AVT C -0.88%
THC B -0.85%
AMRX B -0.85%
NTNX C -0.84%
MLI B -0.75%
FTDR B -0.75%
PPC D -0.72%
JXN B -0.72%
UMBF B -0.71%
IDCC B -0.7%
IIPR B -0.65%
IESC C -0.63%
OSCR C -0.63%
GVA B -0.63%
STRL B -0.6%
MUSA D -0.59%
PATK A -0.55%
PNW B -0.55%
MTZ B -0.54%
PRIM B -0.54%
AVA C -0.54%
SLVM A -0.53%
MWA B -0.53%
HRB C -0.53%
RGA B -0.53%
ADMA B -0.49%
CNA D -0.49%
NSA B -0.48%
LNTH D -0.46%
EEFT D -0.45%
RGLD B -0.43%
REZI D -0.43%
ACT B -0.42%
LAMR A -0.41%
SAIC C -0.4%
SCCO D -0.39%
CTRE C -0.36%
BCO A -0.36%
KNF B -0.35%
ABM D -0.34%
TOL B -0.34%
STAG D -0.33%
JLL B -0.32%
ALSN B -0.32%
ANF D -0.32%
SM D -0.31%
EXP B -0.31%
IBP D -0.27%
CPNG A -0.26%
ADUS C -0.15%
SPOT B -0.13%
ALNY C -0.12%
NTRA B -0.12%
MHO B -0.1%
QQQ C -0.0%
JOBY F --0.04%
CAR F --0.05%
CRNX C --0.05%
COLD D --0.08%
ALIT D --0.08%
FOXF D --0.08%
AGL F --0.09%
NXST D --0.09%
VAC F --0.1%
DRVN C --0.1%
HGV D --0.1%
WOR F --0.1%
AWR B --0.1%
MCW F --0.1%
HHH C --0.11%
CC F --0.11%
ACVA B --0.11%
TXG D --0.11%
VFC C --0.12%
VAL F --0.12%
AAL D --0.12%
PGNY F --0.12%
AA D --0.12%
CGON C --0.12%
BC C --0.13%
VSAT F --0.14%
PPBI D --0.14%
AESI C --0.15%
PYCR D --0.15%
MTN D --0.15%
CLDX C --0.16%
PCH C --0.16%
BIRK F --0.16%
KRG C --0.16%
WAL B --0.16%
UEC D --0.17%
VNO B --0.17%
GTLS F --0.17%
ENOV F --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%
LAD C --0.19%
COTY F --0.2%
COLB B --0.2%
TMDX C --0.2%
AVAV C --0.2%
WOLF F --0.2%
GPOR D --0.21%
SOFI C --0.21%
RNR B --0.22%
SHC C --0.22%
IRTC F --0.22%
CNX A --0.22%
RBA C --0.22%
CIEN C --0.22%
AEIS D --0.23%
WTM D --0.23%
IPAR D --0.23%
PTEN F --0.24%
SUM D --0.24%
VSH F --0.25%
AL D --0.26%
SITE D --0.26%
FLYW F --0.26%
WSC D --0.26%
VVV D --0.27%
GT F --0.27%
HASI C --0.27%
CELH F --0.28%
NEOG D --0.29%
GMED D --0.29%
APLS F --0.29%
FIVN F --0.3%
INSP C --0.31%
RVMD C --0.32%
PEN D --0.32%
FOUR C --0.33%
EVTC F --0.33%
RGEN F --0.33%
IAC C --0.34%
MARA F --0.35%
ZI D --0.36%
KLIC F --0.36%
AFRM C --0.36%
RIOT F --0.38%
BBIO D --0.38%
PATH D --0.39%
SATS C --0.4%
BRZE F --0.4%
CCOI C --0.43%
CGNX D --0.43%
FIVE D --0.45%
GLOB D --0.48%
GFS F --0.48%
LSCC D --0.5%
MDB D --0.5%
CFLT F --0.5%
BILL D --0.5%
DV F --0.5%
RH B --0.56%
LBRDK F --0.58%
FND C --0.59%
U D --0.6%
LITE B --0.69%
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