VAMO vs. CLSE ETF Comparison

Comparison of Cambria Value and Momentum ETF (VAMO) to Convergence Long/Short Equity ETF (CLSE)

VAMO

Cambria Value and Momentum ETF

VAMO Description

The investment seeks income and capital appreciation from investments in the U.S. equity market. The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of the value of the fund&#39;s net assets in U.S. exchange-listed equity securities. It may hedge up to 100% of the value of the fund&#39;s long portfolio. The fund may invest in securities of companies in any industry, but will limit the maximum allocation to any particular sector to 25%. It may invest up to 20% of the value of its net assets in U.S. dollar and non-U.S. dollar denominated money market instruments or other high quality debt securities, or ETFs.

Grade (RS Rating)

Last Trade

$29.77

Average Daily Volume

2,949

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

$22.51

Average Daily Volume

49,544

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

Performance

Period	VAMO	CLSE
30 Days	3.74%	5.51%
60 Days	5.42%	11.19%
90 Days	9.77%	4.00%
12 Months	14.93%	39.98%

28 Overlapping Holdings

Symbol	Grade	Weight in VAMO	Weight in CLSE	Overlap
ABM	D	0.81%	0.32%	0.32%
ATGE	D	0.83%	0.47%	0.47%
CFG	C	0.86%	0.39%	0.39%
CNX	A	0.93%	-0.26%	-0.26%
EME	B	0.98%	0.86%	0.86%
FCNCA	D	0.87%	-0.22%	-0.22%
GM	D	0.78%	0.51%	0.51%
IDCC	A	0.86%	1.17%	0.86%
IESC	A	0.84%	0.66%	0.66%
JXN	A	1.03%	0.71%	0.71%
KBH	D	0.95%	0.32%	0.32%
MATX	C	0.91%	0.56%	0.56%
MHO	C	1.03%	0.0%	0.0%
MLI	B	1.7%	0.78%	0.78%
NRG	A	0.83%	0.69%	0.69%
OSCR	C	1.41%	0.52%	0.52%
PATK	A	1.29%	0.61%	0.61%
PPC	C	0.84%	0.77%	0.77%
RGA	B	0.83%	0.52%	0.52%
SLVM	C	0.84%	0.58%	0.58%
SM	D	0.74%	0.31%	0.31%
STRL	B	1.42%	0.52%	0.52%
SYF	A	0.94%	0.94%	0.94%
T	B	0.83%	1.01%	0.83%
THC	D	0.85%	0.86%	0.85%
TOL	C	1.02%	0.34%	0.34%
UHS	D	0.79%	0.78%	0.78%
VST	A	1.58%	0.56%	0.56%

VAMO Overweight 67 Positions Relative to CLSE

Symbol	Grade	Weight
PHM	C	1.69%
COOP	B	1.58%
DHI	C	1.37%
LEN	C	1.26%
ENVA	B	1.26%
TMHC	C	1.25%
CEIX	B	1.21%
MTH	C	1.2%
L	C	1.18%
SKYW	B	1.17%
PRDO	D	1.17%
REVG	D	1.12%
BCC	C	1.05%
PLUS	B	1.04%
HOOD	B	1.03%
HIG	A	0.98%
MCY	B	0.97%
HTLF	B	0.94%
MTG	A	0.94%
HCC	C	0.93%
BZH	C	0.92%
TDS	C	0.92%
WSM	C	0.9%
SKWD	A	0.89%
NSIT	B	0.87%
MHK	C	0.84%
AFL	A	0.84%
CALM	A	0.84%
CCS	C	0.84%
GRBK	C	0.84%
LPX	C	0.83%
UTHR	C	0.83%
FOXA	B	0.83%
GPI	C	0.83%
INGR	B	0.83%
AGX	A	0.83%
HNI	B	0.83%
POWL	B	0.83%
COF	A	0.83%
CRUS	D	0.82%
LRN	D	0.82%
CENX	C	0.82%
RSI	B	0.82%
PHIN	D	0.82%
KFY	C	0.82%
BHE	C	0.81%
TPC	A	0.81%
RDN	D	0.8%
TPH	C	0.8%
WTTR	B	0.79%
SCSC	D	0.78%
PRI	A	0.78%
APOG	B	0.77%
CRBG	B	0.76%
DNOW	F	0.75%
FNF	C	0.74%
SNX	C	0.73%
EQH	B	0.73%
MLKN	F	0.73%
PRU	B	0.73%
AIZ	B	0.71%
LBRT	D	0.7%
ALLY	F	0.7%
LNC	B	0.7%
CAL	F	0.68%
UFPI	C	0.63%
CUBI	F	0.54%

VAMO Underweight 303 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	B	-3.84%
META	A	-3.31%
GOOGL	B	-3.08%
AVGO	B	-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	B	-1.65%
ORCL	A	-1.46%
APP	A	-1.45%
IBM	A	-1.43%
GDDY	B	-1.41%
DOCU	A	-1.4%
GOOG	B	-1.26%
HD	A	-1.22%
ACIW	A	-1.16%
PYPL	A	-1.07%
MU	D	-1.05%
ABBV	C	-1.02%
MSFT	D	-1.01%
AMG	B	-1.0%
SNEX	B	-1.0%
JHG	A	-0.97%
NTNX	C	-0.95%
AVT	B	-0.95%
HALO	D	-0.94%
BMY	A	-0.92%
GILD	A	-0.91%
JNJ	D	-0.91%
NTRS	B	-0.89%
DVA	C	-0.83%
AMRX	B	-0.83%
OGN	F	-0.83%
BAC	B	-0.8%
VLO	F	-0.77%
SEIC	B	-0.77%
MO	D	-0.76%
BFH	D	-0.74%
TSLA	C	-0.74%
FTDR	B	-0.73%
PG	D	-0.7%
CNC	F	-0.7%
BG	F	-0.69%
COR	F	-0.68%
IIPR	C	-0.67%
CHRW	C	-0.67%
ADMA	A	-0.67%
GVA	A	-0.65%
LNG	A	-0.65%
UMBF	C	-0.63%
FITB	C	-0.61%
PNC	C	-0.59%
XOM	A	-0.59%
RF	B	-0.59%
JPM	C	-0.59%
MWA	A	-0.58%
WFC	B	-0.58%
CAH	B	-0.58%
UNP	F	-0.57%
MTZ	A	-0.57%
MET	A	-0.56%
PRIM	A	-0.56%
DVN	F	-0.55%
REZI	D	-0.55%
AVA	D	-0.55%
RTX	A	-0.54%
NEE	C	-0.54%
LMT	A	-0.54%
TSN	D	-0.53%
NEM	C	-0.52%
EXPE	B	-0.5%
MRK	F	-0.5%
PNW	C	-0.48%
CNA	D	-0.47%
PGR	B	-0.47%
KLAC	B	-0.47%
MDT	C	-0.46%
LNTH	C	-0.46%
LDOS	A	-0.45%
CVX	B	-0.45%
EXP	C	-0.44%
MPC	D	-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	B	-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	C	-0.35%
NSA	D	-0.35%
IBP	C	-0.34%
J	F	-0.32%
STAG	D	-0.32%
NFLX	A	-0.31%
NVR	C	-0.31%
BCO	C	-0.31%
AMGN	D	-0.28%
GLW	C	-0.28%
OUT	C	-0.27%
BKNG	B	-0.26%
ALNY	C	-0.25%
CCL	C	-0.25%
JLL	C	-0.25%
ASPN	C	-0.25%
ANF	D	-0.24%
CVS	D	-0.19%
CPNG	C	-0.18%
KMB	D	-0.16%
KR	C	-0.16%
NTRA	A	-0.15%
SPOT	C	-0.14%
GRMN	D	-0.09%
QQQ	B	-0.0%
ADUS	D	-0.0%
VTRS	D	-0.0%
KNF	B	-0.0%
MRO	B	-0.0%
HRB	C	-0.0%
JOBY	C	--0.04%
CAR	D	--0.06%
PENN	D	--0.07%
PGNY	F	--0.08%
AES	C	--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%
VMC	D	--0.11%
HHH	C	--0.11%
ACVA	C	--0.11%
SBUX	B	--0.11%
SJM	D	--0.12%
ALIT	D	--0.12%
JBLU	B	--0.13%
RBLX	D	--0.13%
PCH	C	--0.14%
PPBI	D	--0.14%
MTN	D	--0.14%
EXR	D	--0.15%
MKL	B	--0.15%
KRG	C	--0.15%
COLD	D	--0.15%
DAY	C	--0.15%
AA	B	--0.15%
BIRK	F	--0.15%
PYCR	D	--0.15%
WAL	C	--0.16%
THO	C	--0.16%
WY	C	--0.16%
CC	D	--0.16%
WTRG	D	--0.16%
CHDN	C	--0.16%
OKE	A	--0.17%
OSK	F	--0.17%
AESI	B	--0.17%
ENOV	F	--0.17%
UHAL	C	--0.17%
ALGM	F	--0.17%
BEAM	F	--0.17%
KNSL	B	--0.18%
LUV	B	--0.18%
CHK	C	--0.18%
NTLA	F	--0.18%
TXG	F	--0.18%
VNO	B	--0.18%
HI	F	--0.18%
TFC	D	--0.19%
CINF	A	--0.19%
TTD	A	--0.19%
AJG	C	--0.19%
PNFP	B	--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	D	--0.2%
KROS	C	--0.2%
CNH	C	--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	C	--0.21%
FLYW	F	--0.22%
WOLF	F	--0.22%
COTY	F	--0.22%
RBA	D	--0.22%
XYL	C	--0.22%
WTM	C	--0.22%
UEC	C	--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	F	--0.24%
BIO	B	--0.24%
AEIS	B	--0.25%
AL	D	--0.26%
HSY	D	--0.26%
C	B	--0.26%
EQT	C	--0.27%
SITE	D	--0.27%
ALB	D	--0.27%
PEN	D	--0.27%
ROIV	D	--0.27%
GMED	B	--0.28%
LW	D	--0.28%
D	A	--0.29%
CELH	F	--0.29%
GE	B	--0.29%
MRNA	F	--0.3%
PSA	C	--0.3%
NEOG	F	--0.3%
PTEN	F	--0.3%
GT	F	--0.3%
APLS	F	--0.31%
SRE	C	--0.31%
MNST	D	--0.31%
VVV	D	--0.31%
ENPH	F	--0.32%
EVTC	D	--0.32%
INSP	C	--0.32%
AUR	C	--0.34%
FDS	C	--0.34%
MKTX	B	--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	A	--0.37%
EXAS	C	--0.38%
LYV	A	--0.38%
RIVN	F	--0.38%
ADBE	F	--0.39%
ZBRA	B	--0.39%
RIOT	F	--0.39%
PATH	D	--0.4%
CYTK	D	--0.41%
WBD	F	--0.42%
SATS	C	--0.43%
BBIO	F	--0.43%
ZI	F	--0.44%
MDB	D	--0.44%
GLOB	D	--0.45%
DLTR	F	--0.45%
CGNX	F	--0.45%
CCOI	B	--0.45%
DV	F	--0.46%
CASY	D	--0.47%
TTWO	D	--0.47%
BILL	D	--0.48%
LBRDK	C	--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	D	--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%