Convergence Long/Short Equity ETF (CLSE)
33.27
-0.01
(-0.03%)
USD |
BATS |
Aug 24, 16:00
33.28
+0.01
(+0.03%)
Pre-Market: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.52% | -0.03% | 893.28M | 383149.9 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 262.0% | 525.27M |
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 |
| Equity Style | -- |
| 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 August 25, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | -0.97% |
| Stock | 60.94% |
| Bond | -0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 40.03% |
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 |
| Equity Style | -- |
| 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% |