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ConvergenceLong-Short EquityCLSE · Cboe BZX

Convergence Long/Short Equity ETF (CLSE)

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Price
$34.03
—11 Sept 2026
Assets
$900.5M
Total net assets
Expense ratio
1.52%
Category 2.13%
Yield
0.78%
Trailing distributions
3Y CAGR
28.7%+15.1%
Category 13.6%
5Y CAGR
—
Category 8.6%
Loading NAV history…
Convergence Long/Short Equity ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation
—
Maximum drawdown
—
Sharpe ratio
—
Sortino ratio
—
Beta
—
Alpha
—
R²
—
Information ratio
—
Upside capture
—
Downside capture
—
Tracking error
—
Trailing returns compared with benchmark
Period1M3M6MYTD1Y3YCAGR5YCAGR10YCAGRLaunchCAGR
ETF+1.3%-0.5%+22.6%+24.5%+33.0%+28.7%——+20.3%
Long-Short Equity average-0.2%3.2%12.2%13.8%16.3%13.6%8.6%—16.5%
Difference+1.5%-3.7%+10.5%+10.7%+16.8%+15.1%——+3.8%

Holdings

The 10 largest positions make up 29.2% of the fund.

Top holdings

Largest holdings by weight
TickerHoldingWeight
NVDANVIDIA Corp6.18%
AVGOBroadcom Inc3.51%
AMZNAmazon.com Inc3.16%
GOOGLAlphabet Inc Class A3.07%
MUMicron Technology Inc3.02%
GOOGAlphabet Inc Class C2.62%
AAPLApple Inc2.11%
SOXXiShares Semiconductor ETF1.91%
SNDKSanDisk Corp Ordinary Shares1.88%
FTNTFortinet Inc1.77%

Portfolio valuation

Weighted averages of what the fund holds.

P/E
20.4
P/B
3.9
P/S
1.4
P/CF
13.2

Sector allocation

Share of the equity the fund holds.

37.3%Technology11 sectors
  1. Technology37.3%
  2. Financial services12.5%
  3. Health care10.7%
  4. Consumer discretionary9.6%
  5. Communication services8.4%
  6. Industrials8.3%
  7. Energy4.2%
  8. Consumer staples3.6%
  9. Real estate2.2%
  10. Materials1.7%
  11. Utilities1.6%

Asset mix

  • Stocks60.0%
  • Other39.9%
  • Cash0.1%

ETF details

Issuer
Convergence
Category
Alternatives · Long-Short Equity
Ticker
CLSE
Exchange
Cboe BZX
Inception
29 Dec 2009 (16.7 years)
Structure
Exchange Traded Fund
Expense ratio
1.52% (category 2.13%)
Holdings turnover
262% (category 227%)
Distribution yield
0.78%
Beta, 3 years
0.73
Total net assets
$900.5M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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