CLSE Convergence Long/Short Equity ETF
Quote as of Aug 26, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 33.34 | Day Range | 33.29 – 33.49 |
| 52-Week Range | 24.14 – 34.76 | Volume | 332.54K |
| Avg Volume | 292.17K | AUM | $447.6M (Aug 27, 2026) |
| Expense Ratio | 1.52% | Yield (TTM) | 0.78% |
| NAV | 33.77 | Premium/Discount | -0.95% indicative |
| Inception | Dec 29, 2009 | Holdings | 355 |
| Issuer | Convergence | Exchange | CBOE |
| Category | Developed Markets | Index Tracked | Not stated in source data |
| CUSIP | 89834G760 | ISIN | US89834G7604 |
| Structure | Inverse | ||
| Management | Not stated in source data | ||
About this ETF
The Convergence Long/Short Equity ETF seeks to provide a greater return potential than traditional approaches while reducing risk. The fund endeavors to provide a material and consistent alpha through its proprietary fundamental ranking process from both long and short holdings over a market cycle.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -1.80% | -0.60% | +17.06% | +21.99% | +35.69% | +27.83% | — | — | +18.91% |
| Total return | -1.80% | -0.60% | +17.06% | +21.99% | +36.98% | +29.16% | — | — | +19.96% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.52% | Annual cost of a $10,000 investment | $152.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 359 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 40.06% | 356.64M | $356.6M |
| 2 | NVIDIA Corp | NVDA | 6.14% | 252.00K | $54.6M |
| 3 | Broadcom Inc | AVGO | 3.36% | 82.15K | $29.9M |
| 4 | Amazon.com Inc | AMZN | 3.15% | 107.79K | $28.0M |
| 5 | Micron Technology Inc | MU | 3.10% | 28.36K | $27.6M |
| 6 | Alphabet Inc | GOOGL | 2.56% | 66.83K | $22.8M |
| 7 | Alphabet Inc | GOOG | 2.55% | 67.11K | $22.7M |
| 8 | Apple Inc | AAPL | 2.10% | 59.94K | $18.7M |
| 9 | Sandisk Corp | SNDK | 1.95% | 10.83K | $17.3M |
| 10 | Lam Research Corp | LRCX | 1.69% | 48.38K | $15.0M |
| 11 | Advanced Micro Devices Inc | AMD | 1.52% | 28.79K | $13.5M |
| 12 | Dell Technologies Inc | DELL | 1.47% | 30.14K | $13.1M |
| 13 | Fortinet Inc | FTNT | 1.46% | 86.44K | $13.0M |
| 14 | Reddit Inc | RDDT | 1.38% | 81.67K | $12.3M |
| 15 | Microsoft Corp | MSFT | 1.34% | 24.82K | $11.9M |
| 16 | Hewlett Packard Enterprise Co | HPE | 1.30% | 219.09K | $11.6M |
| 17 | Manhattan Associates Inc | MANH | 1.30% | 54.65K | $11.5M |
| 18 | Arista Networks Inc | ANET | 1.23% | 59.60K | $11.0M |
| 19 | Target Corp | TGT | 1.21% | 67.80K | $10.7M |
| 20 | VeriSign Inc | VRSN | 1.18% | 38.03K | $10.5M |
| 21 | Bank of America Corp | BAC | 1.08% | 155.33K | $9.6M |
| 22 | Adobe Inc | ADBE | 1.06% | 34.72K | $9.5M |
| 23 | Salesforce Inc | CRM | 1.03% | 44.76K | $9.2M |
| 24 | Meta Platforms Inc | META | 0.99% | 16.13K | $8.8M |
| 25 | General Motors Co | GM | 0.98% | 101.25K | $8.7M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.78% | Paid (last 12 months) | $0.2601 |
| Frequency | Annual | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Dec 15, 2025 | Last payment | $0.2601 (Dec 16, 2025) |
| Growth 1Y | +22.69% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 15, 2025 | Dec 15, 2025 | Dec 16, 2025 | $0.2601 |
| Dec 16, 2024 | Dec 16, 2024 | Dec 17, 2024 | $0.2120 |
| Dec 15, 2023 | Dec 18, 2023 | Dec 21, 2023 | $0.2064 |
| Dec 15, 2022 | Dec 16, 2022 | Dec 19, 2022 | $0.1250 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 13.69% / 13.90% | Sharpe 1Y / 3Y | 2.54 / 1.94 |
| Max drawdown 1Y / 3Y | -4.85% / -16.44% | Sortino 1Y | 4.01 |
| Beta vs S&P 500 (3Y) | 0.651 | Correlation vs S&P 500 (1Y) | 0.731 |
| Downside deviation 1Y | 8.65% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 332.54K | Average volume | 292.17K |
| AUM | $447.6M | Premium/Discount | -0.95% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $447.6M → $447.6M |
| 1 Week | -$672.3K | -0.15% | $447.6M → $447.6M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for CLSE
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.