TGRW vs. CLSE ETF Comparison

Comparison of T. Rowe Price Growth Stock ETF (TGRW) to Convergence Long/Short Equity ETF (CLSE)

TGRW

T. Rowe Price Growth Stock ETF

TGRW Description

The investment seeks to provide long-term capital growth. The fund will normally invest at least 80% of its assets in the common stocks of a diversified group of growth companies. While it may invest in companies of any market capitalization, the fund generally seeks investments in stocks of large-capitalization companies with one or more of the following characteristics: strong cash flow and an above-average rate of earnings growth; the ability to sustain earnings momentum during economic downturns; and occupation of a lucrative niche in the economy and the ability to expand even during times of slow economic growth.

Grade (RS Rating)

Last Trade

$39.46

Average Daily Volume

27,445

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

$23.68

Average Daily Volume

65,624

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

Performance

Period	TGRW	CLSE
30 Days	2.17%	4.18%
60 Days	5.37%	7.10%
90 Days	6.29%	9.38%
12 Months	33.01%	39.93%

23 Overlapping Holdings

Symbol	Grade	Weight in TGRW	Weight in CLSE	Overlap
AAPL	C	13.71%	0.83%	0.83%
AMZN	C	7.69%	2.53%	2.53%
APH	A	0.12%	0.67%	0.12%
APP	B	0.39%	2.25%	0.39%
BA	F	0.28%	-0.4%	-0.4%
BKNG	A	0.51%	0.44%	0.44%
CPNG	D	0.56%	0.77%	0.56%
DG	F	0.48%	-0.4%	-0.4%
FND	D	0.44%	-0.53%	-0.53%
GOOG	C	0.48%	0.49%	0.48%
GOOGL	C	4.88%	3.47%	3.47%
INTC	C	0.02%	-0.93%	-0.93%
LRCX	F	0.02%	0.0%	0.0%
MDB	B	0.13%	-0.29%	-0.29%
META	D	4.91%	3.3%	3.3%
NFLX	A	1.71%	0.79%	0.79%
NVDA	B	10.37%	4.61%	4.61%
PINS	F	0.3%	-0.41%	-0.41%
RIVN	F	0.1%	-0.42%	-0.42%
ROP	B	0.87%	-0.7%	-0.7%
SNPS	B	0.71%	-0.44%	-0.44%
TEAM	A	0.42%	-0.27%	-0.27%
TSLA	B	1.98%	1.22%	1.22%

TGRW Overweight 39 Positions Relative to CLSE

Symbol	Grade	Weight
MSFT	D	12.56%
LLY	F	3.67%
V	A	2.43%
MA	B	2.17%
NOW	A	1.74%
ISRG	A	1.59%
UNH	B	1.58%
DHR	F	1.44%
INTU	B	1.32%
SHOP	B	1.19%
UBER	F	1.18%
CMG	B	1.08%
ASML	F	0.96%
TDY	B	0.88%
ARGX	B	0.83%
SBUX	A	0.78%
SCHW	B	0.77%
AMD	F	0.76%
FI	A	0.76%
ADBE	C	0.74%
ODFL	C	0.71%
SPOT	B	0.69%
TMO	F	0.68%
LIN	C	0.65%
CI	D	0.63%
ADSK	A	0.62%
HUBS	A	0.51%
DT	D	0.48%
CB	C	0.45%
SYK	B	0.44%
ROK	C	0.42%
CRM	B	0.36%
LULU	C	0.36%
LEGN	D	0.23%
SNOW	B	0.22%
IDXX	F	0.15%
TSM	B	0.03%
MNDY	C	0.03%
FTNT	C	0.02%

TGRW Underweight 314 Positions Relative to CLSE

Symbol	Grade	Weight
AVGO	D	-2.28%
MU	D	-2.13%
HPE	B	-1.92%
CVNA	B	-1.85%
ANET	C	-1.83%
WMT	A	-1.82%
QCOM	F	-1.73%
IDCC	B	-1.51%
GDDY	A	-1.42%
CVLT	B	-1.4%
DOCU	B	-1.37%
PYPL	B	-1.33%
ORCL	A	-1.33%
ACIW	B	-1.3%
JHG	B	-1.21%
NTNX	B	-1.16%
HD	B	-1.13%
SYF	B	-1.11%
BMY	B	-1.11%
NTRS	A	-1.08%
GILD	C	-1.07%
SNEX	B	-1.06%
PLTR	B	-1.02%
NTAP	C	-1.0%
LNG	A	-0.97%
SEIC	B	-0.95%
HALO	F	-0.9%
AMRX	C	-0.9%
BFH	C	-0.88%
GM	C	-0.87%
COR	B	-0.86%
CAH	B	-0.86%
PPC	C	-0.85%
GVA	A	-0.84%
MLI	B	-0.84%
CARG	B	-0.83%
JNJ	C	-0.83%
BAC	A	-0.81%
PRIM	A	-0.8%
MO	A	-0.79%
THC	D	-0.78%
FITB	B	-0.78%
DVA	C	-0.78%
IESC	C	-0.77%
EME	A	-0.75%
WFC	A	-0.75%
CNX	A	-0.74%
FTI	A	-0.74%
UTHR	C	-0.73%
PNC	B	-0.72%
ABBV	F	-0.72%
RF	A	-0.72%
STRL	A	-0.71%
ZION	B	-0.71%
CMA	B	-0.71%
NRG	B	-0.71%
UHS	D	-0.7%
TMUS	B	-0.7%
CEIX	A	-0.7%
GEN	B	-0.68%
VRT	B	-0.68%
UMBF	B	-0.66%
ALSN	B	-0.66%
MTZ	B	-0.66%
AVT	C	-0.66%
MWA	B	-0.65%
BLK	B	-0.65%
JPM	A	-0.64%
CHRW	B	-0.61%
EXPE	B	-0.61%
TSN	B	-0.6%
FFIV	B	-0.6%
FTDR	B	-0.58%
AMG	B	-0.58%
LDOS	C	-0.55%
VST	A	-0.55%
RGA	A	-0.55%
GLW	B	-0.52%
MET	A	-0.52%
SLVM	B	-0.5%
UI	B	-0.49%
EXP	B	-0.48%
CACI	D	-0.48%
PNW	A	-0.48%
AVA	A	-0.47%
UNP	C	-0.47%
PGR	A	-0.46%
DUOL	A	-0.45%
PG	C	-0.45%
ALL	A	-0.45%
LPX	B	-0.43%
CTRE	C	-0.42%
SCCO	F	-0.41%
RMD	C	-0.4%
JXN	C	-0.39%
SR	A	-0.38%
R	B	-0.38%
SPG	A	-0.37%
CNA	C	-0.37%
CF	A	-0.37%
GRMN	B	-0.37%
OUT	A	-0.36%
EQR	C	-0.35%
CCL	A	-0.35%
CDP	C	-0.34%
RGLD	C	-0.32%
CNC	D	-0.31%
PTON	A	-0.31%
LAMR	C	-0.31%
J	D	-0.31%
MPWR	F	-0.3%
CVS	D	-0.29%
VLO	C	-0.29%
T	A	-0.29%
MDT	D	-0.29%
IIPR	D	-0.28%
APA	D	-0.25%
NVR	D	-0.24%
VRTX	D	-0.23%
MATX	C	-0.22%
NEM	D	-0.22%
TOL	B	-0.22%
EEFT	B	-0.22%
FLR	B	-0.21%
JLL	D	-0.2%
MUSA	B	-0.2%
ABM	B	-0.19%
BAH	F	-0.18%
KR	B	-0.17%
NTRA	A	-0.17%
BOX	B	-0.17%
JAZZ	B	-0.16%
FOXA	A	-0.14%
EXPD	C	-0.14%
FN	C	-0.13%
PRU	A	-0.13%
VCTR	B	-0.12%
VCYT	B	-0.12%
CINF	A	-0.12%
CDE	C	-0.11%
ILMN	C	-0.1%
AEIS	C	-0.07%
INCY	C	-0.07%
HQY	A	-0.07%
QQQ	B	-0.0%
LNTH	D	-0.0%
PENN	C	--0.05%
KNX	C	--0.06%
HGV	C	--0.06%
HUN	F	--0.07%
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	B	--0.08%
GNTX	C	--0.09%
JBLU	F	--0.09%
NSC	B	--0.1%
MCW	C	--0.1%
ABG	C	--0.1%
ATO	A	--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	F	--0.12%
DLR	B	--0.13%
EXR	C	--0.13%
STLD	B	--0.13%
AVAV	C	--0.13%
ALIT	C	--0.13%
VMC	B	--0.13%
MLM	C	--0.13%
BPOP	C	--0.14%
PYCR	B	--0.14%
DAY	B	--0.14%
REXR	F	--0.14%
ARWR	D	--0.14%
MKL	A	--0.14%
AA	A	--0.14%
EQIX	A	--0.14%
CZR	F	--0.15%
COLD	D	--0.15%
APD	A	--0.15%
GTLS	A	--0.15%
CRL	D	--0.15%
RNR	C	--0.15%
DRVN	B	--0.15%
NARI	C	--0.16%
FIVN	C	--0.16%
BHF	C	--0.16%
XPO	B	--0.16%
OSK	C	--0.16%
LGIH	F	--0.16%
DAR	C	--0.16%
ALB	B	--0.16%
UHAL	D	--0.16%
AGO	B	--0.16%
EW	C	--0.16%
SITE	F	--0.16%
SW	A	--0.17%
TEX	F	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
LKQ	F	--0.17%
MASI	B	--0.17%
AJG	A	--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%
SRE	A	--0.2%
GATX	A	--0.2%
BIRK	D	--0.2%
BE	B	--0.21%
AESI	B	--0.21%
NOG	B	--0.21%
WTM	A	--0.21%
PRCT	B	--0.22%
BANC	B	--0.22%
MTN	C	--0.22%
SAIA	B	--0.22%
SUM	B	--0.22%
EQT	B	--0.23%
PSA	C	--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%
HSY	F	--0.24%
DELL	B	--0.25%
LW	C	--0.25%
KEY	B	--0.25%
BILL	A	--0.26%
NEOG	F	--0.26%
AUR	C	--0.26%
AWK	C	--0.26%
VAL	F	--0.27%
FOUR	A	--0.27%
STNE	F	--0.27%
MSCI	C	--0.27%
PTEN	C	--0.27%
MNST	C	--0.28%
SOFI	B	--0.28%
ESTC	C	--0.29%
XP	F	--0.29%
MKTX	D	--0.29%
CYTK	F	--0.3%
LYV	A	--0.3%
NDAQ	A	--0.3%
APLS	F	--0.3%
APTV	F	--0.32%
GTLB	B	--0.32%
VVV	D	--0.33%
CCOI	B	--0.33%
LPLA	A	--0.34%
ZBRA	B	--0.34%
ABNB	C	--0.34%
INSP	D	--0.34%
FCNCA	A	--0.35%
APO	B	--0.35%
AFRM	A	--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%
SATS	D	--0.4%
RBLX	C	--0.41%
DLTR	F	--0.41%
U	C	--0.41%
TTWO	A	--0.43%
WBD	B	--0.43%
ALGM	D	--0.45%
DV	C	--0.45%
CGNX	D	--0.45%
GE	D	--0.46%
CDNS	B	--0.46%
MRNA	F	--0.47%
SMCI	F	--0.47%
RH	C	--0.47%
CFLT	B	--0.47%
CHTR	C	--0.48%
CSCO	B	--0.52%
BRZE	C	--0.56%
FIVE	F	--0.56%
NWS	A	--0.57%
WST	C	--0.59%
LITE	B	--0.6%
POOL	C	--0.61%
MCHP	F	--0.63%
DXCM	C	--0.63%
WDC	D	--0.65%
LSCC	D	--0.7%
TXN	C	--0.81%
FSLR	F	--1.26%