CBSE
Clough Select Equity ETF
CBSE is an actively managed, concentrated portfolio of US-listed stocks that appear fundamentally undervalued and have positive environmental, social and governance attributes as viewed by the fund adviser.
US
EQUITY
Active
MANAGEMENT STYLE
$ 27.3 M
ASSETS UNDER MGMT
85 bp
EXPENSES
Fund Basics
| Inception date | Nov 13, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| COINBASE GLOBAL, INC. CLASS A | 3.5 % |
| CHENIERE ENERGY INC | 3.5 % |
| REDDIT INC-CL A | 3.4 % |
| CAPRI HOLDINGS LIMITED | 3.2 % |
| MARVELL TECHNOLOGY, INC. | 3.1 % |
| MAKEMYTRIP LTD | 3.1 % |
| VITAL FARMS INC | 3.1 % |
| ALTC ACQUISITION CORP. CLASS A | 3.1 % |
| SPOTIFY TECHNOLOGY SA | 3.0 % |
| VISTRA ENERGY CORP. | 3.0 % |
Constituent Breakdown
| Number of holdings | 40 |
| Herfindahl-Hirschman Index | 262 |
| Wgt avg mkt cap (mns) | $75,904 |
| Large cap (>$10bn) | 57.2% |
| Mid cap ($2-10bn) | 23.3% |
| Small cap (<$2bn) | 19.6% |
| Developed mkts. | 91.1% |
| Emerging mkts. | 5.4% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 75.6 % |
 |
CANADA | 7.4 % |
 |
BRITAIN | 3.2 % |
 |
INDIA | 3.1 % |
 |
LUXEMBOURG | 3.0 % |
 |
URUGUAY | 2.3 % |
 |
NETHERLANDS | 2.0 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.6% | 28.9% | 25.8% | 22.1% | 8.7% | -- | -- | 15.0% |
| Dividend Yield | 0.0% | 0.4% | 0.5% | 0.9% | 0.6% | -- | -- | 0.6% |
| Total Returns | 8.6% | 29.4% | 26.2% | 23.0% | 9.3% | -- | -- | 15.6% | Ann. Volatility | 25.0% | 26.7% | 24.0% | 22.1% | 23.8% | -- | -- | 23.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.12 | 66% |
| MSCI EAFE | 1.12 | 48% |
| MSCI Emg Mkts | 1.09 | 54% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $41.94 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -0.48/-0.19 |
| Bollinger Bands (Upper/Lower) | $44.41/$40.07 |
| Short interest (% of AUM) | 2.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CBSE |
Expenses vs. CBSE |
ALTAR Score™ vs. CBSE |
|---|---|---|---|---|
| SAMT | Strategas Macro Thematic Opportunities ETF | 12.1% | -20 bp | +2.6% |
| QMOM | Alpha Architect U.S. Quantitative Momentum ETF | 12.0% | -46 bp | +0.6% |
| AIPO | Defiance AI & Power Infrastructure ETF | 11.8% | -16 bp | +0.4% |
| GVIP | Goldman Sachs Hedge Industry VIP ETF | 11.5% | -40 bp | +1.6% |
| PRN | Invesco Dorsey Wright Industrials Momentum ETF | 11.5% | -25 bp | +1.0% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 11.3% | -36 bp | +4.7% |
| FFTY | Innovator IBD 50 ETF | 11.3% | -5 bp | -0.6% |
| VOLT | Tema Electrification ETF | 11.1% | -10 bp | +1.9% |
| AFOS | ARS Focused Opportunities Strategy ETF | 10.9% | -40 bp | +1.9% |
| USNG | Amplify Samsung U.S. Natural Gas Infrastructure ETF | 10.7% | -26 bp | +2.6% |
Risk and Returns: CBSE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/17/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
1.3%
ALTAR SCORE™
2nd
PERCENTILE
AVOID
ETFRC RATING
There are 1,190 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. CBSE's ALTAR Score™ is approximately -2.1 standard
deviations above the category average. This places CBSE in the 2nd percentile
among funds in the category.
Sell-Side Consensus
$51.75
PRICE TARGET
+26.9%
UPSIDE