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Convergence Long/Short Equity ETF CLSE

Morningstar Medalist Rating
Medalist Rating as of | See Convergence Investment Hub

Morningstar’s Analysis CLSE

Will CLSE outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CLSE’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CLSE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CLSE’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Convergence Long/ Short Equity ETF's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CLSE

More CLSE Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

DEPOSITS WITH BROKER FOR SHORT POSITIONS

32.84 27.6 Mil
Cash and Equivalents

NVIDIA Corp

3.63 3.1 Mil
Technology

Microsoft Corp

3.35 2.8 Mil
Technology

Amazon.com Inc

3.24 2.7 Mil
Consumer Cyclical

Alphabet Inc Class A

2.57 2.2 Mil
Communication Services

Qualcomm Inc

2.46 2.1 Mil
Technology

Alphabet Inc Class C

2.36 2.0 Mil
Communication Services

Applied Materials Inc

2.15 1.8 Mil
Technology

Meta Platforms Inc Class A

2.15 1.8 Mil
Communication Services

Micron Technology Inc

2.07 1.7 Mil
Technology