Convergence Long/Short Equity ETF (CLSE)
27.24
+0.02
(+0.07%)
USD |
BATS |
Dec 09, 11:08
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.44% | 0.11% | 256.12M | 61734.77 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 225.0% | 18.86M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital growth. Under normal market conditions, the Fund seeks to achieve its objective by investing at least 80% of its net assets in long and short positions in equity securities of domestic companies. The Fund focuses primarily on companies with medium and large market capitalizations. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity US |
| Peer Group | Alternative Active Extension Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Long/Short Equity Funds |
| Fund Owner Firm Name | Convergence Investment Partners |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 09, 2025.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.12% |
| Stock | 63.53% |
| Bond | 0.10% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 36.25% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital growth. Under normal market conditions, the Fund seeks to achieve its objective by investing at least 80% of its net assets in long and short positions in equity securities of domestic companies. The Fund focuses primarily on companies with medium and large market capitalizations. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity US |
| Peer Group | Alternative Active Extension Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Long/Short Equity Funds |
| Fund Owner Firm Name | Convergence Investment Partners |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |