Are AGG and CLSE in the same category?

AGG is a bond ETF and CLSE is an alternatives ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, AGG or CLSE?

In the year to Nov 4, 2026, with distributions reinvested, AGG returned +0.2% and CLSE +23.3%.

Which is cheaper, AGG or CLSE?

AGG is cheaper, by 1.49 percentage points a year. That is about $149 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Across categories

AGG vs CLSE: Differences, Returns & Fees

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Over the year to Nov 4, 2026, AGG returned +0.2% to CLSE's +23.3%, and AGG charges 0.03% to CLSE's 1.52%.

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Net assets: $139.1bn on Nov 4, 2026 for iShares Core U.S. Aggregate Bond ETF, and $900m on Aug 31, 2026 for Convergence Long/Short Equity ETF.

AGG on its own →CLSE on its own →

At a glance

+0.2%

AGG total return, 1 year

+23.3%

CLSE total return, 1 year

0.03%

AGG expense ratio

1.52%

CLSE expense ratio

Pair scorecard

AGG costs 1.49 points a year less; their one-year returns differ by 23.1 points.

AGG vs CLSE: Differences, Returns & Fees
Measure	AGG	CLSE
Return
Measure	AGG	CLSE
Total return, 1 year	+0.2%	+23.3%
Total return, 52 weeks		+22.1%
Against its benchmark
Measure	AGG	CLSE
What it tracks	Bloomberg U.S. Aggregate Bond Index	not published
Treasury bills, 52 weeks		+3.7%
Against cash		18.4 points ahead
Cost and size
Measure	AGG	CLSE
Expense ratio	0.03%	1.52%
Net assets, AGG as of Nov 4, 2026 and CLSE as of Aug 31, 2026	$139.1bn	$900m
Holdings
Measure	AGG	CLSE
Holdings in common	not published
Risk
Measure	AGG	CLSE
Correlation with the S&P 500’s weekly returns		+0.73
Beta to the S&P 500		+0.75: about 0.75% for each 1%
Its average week when the S&P 500 fell		fell 0.63%
Down-week capture		59.1%
Weeks the S&P 500 fell		26 of 52, by 1.07% on average

Method

Side by side

AGG iShares Core U.S. Aggregate Bond ETF CLSE Convergence Long/Short Equity ETF

Where it sits Bond ETF Alternatives ETF

Issuer iShares Convergence

What it is Tracks an index of US aggregate bonds Long-short equity

Total return, 1 year +0.2% +23.3%

Its benchmark over the same days +0.2% (SCHZ) +14.8% (IWV)

Gap to its benchmark 0.0 pts vs SCHZ +8.5 pts vs IWV

Expense ratio 0.03% 1.52%

Holdings 13462 not read by ETFIQ

Net assets, AGG as of Nov 4, 2026 and CLSE as of Aug 31, 2026 $139.1bn $900m

AGG and CLSE on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Alert

About each fund

AGG

AGG tracks an index of US aggregate bonds. Over the year to Nov 4, 2026 it returned +0.2% with distributions reinvested, against +0.2% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

CLSE

CLSE is a long-short equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.73 with the S&P 500’s and a beta of +0.75, so for each 1% the index moved it moved about 0.75% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks CLSE fell 0.63% on average, a down-week capture of 59.1%. Over the same 52 weeks CLSE returned +22.1% and a Treasury bill fund +3.7%, so it finished 18.4 percentage points ahead of cash.

Questions people ask

Are AGG and CLSE in the same category?: AGG is a bond ETF and CLSE is an alternatives ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, AGG or CLSE?: In the year to Nov 4, 2026, with distributions reinvested, AGG returned +0.2% and CLSE +23.3%.
Which is cheaper, AGG or CLSE?: AGG is cheaper, by 1.49 percentage points a year. That is about $149 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

AGG vs CSM AGG vs FTLS AGG vs CBLS AGG vs ORR BND vs CLSE CLSE vs TLT CLSE vs GLD CLSE vs QQQ

Where to next

BIL, the T-bill fund these are measured against →SPY, the S&P 500 fund these are measured against →AGG on its own →CLSE on its own →Hold both: look the portfolio through →Rankings →AGG dividend history →AGG holdings →CLSE dividend history →Standards and sources →

Sources and dates

AGG filings on SEC EDGAR ↗

AGG prospectus with the expense ratio (SEC) ↗

iShares page for AGG ↗

CLSE filings on SEC EDGAR ↗

CLSE prospectus with the expense ratio (SEC) ↗

Convergence website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

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ETFIQ, AGG against CLSE, data as of Nov 4, 2026. https://etfiq.com/compare/any/agg-vs-clse

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