CLSE Convergence Long/Short Equity ETF
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Over the year to Nov 4, 2026, CLSE returned 23.3%, against 14.8% for IWV.
Promise check: Not measuredIts strategy, long-short equity, states no objective ETFIQ can measure.
CLSE risk and return scorecard
vs IWV · Mar 2022 to Oct 2026 · 243 weekly returns · dividend-adjusted
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Aug 31, 2026What you earned
How concentrated, and what does it cost?
More on CLSE
Every number below is on this page. Open what you need.Price, 1 year
$32.53−0.1%1 day, priceClose, Nov 4, 2026
Price only. Total return over the same days, distributions reinvested, was +23.3%. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error
| Window | Total return | Benchmark (IWV) | Gap to IWV | S&P 500 (SPY) |
|---|---|---|---|---|
| 1M Oct 5 – Nov 4, 2026 | −5.5% | −0.8% | −4.7 pts | −1.0% |
| 3M Aug 5 – Nov 4, 2026 | −4.7% | −0.3% | −4.4 pts | −0.1% |
| 6M May 6 – Nov 4, 2026 | −0.3% | +4.9% | −5.2 pts | +5.0% |
| YTD Dec 31, 2025 – Nov 4, 2026 | +19.0% | +13.3% | +5.7 pts | +13.3% |
| 1Y Nov 4, 2025 – Nov 4, 2026 | +23.3% | +14.8% | +8.5 pts | +14.8% |
| 3Y Nov 3, 2023 – Nov 4, 2026 | +102.2% | +81.0% | +21.2 pts | +82.9% |
| Since launch Feb 22, 2022 – Nov 4, 2026 | +121.4% | +84.6% | +36.8 pts | +90.2% |
| Since launch, annualised Feb 22, 2022 – Nov 4, 2026 | +18.4% | – | – | – |
Total returns, distributions reinvested.
Source: Tiingo end-of-day prices, with distributions reinvested.
CLSE in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, CLSE −0.63%.
Money in and out
Monthly data · as of Aug 31, 2026CLSE: in the month to Aug 31, 2026, net $69.5m came in, by its SEC filing.
Sep 1, 2025 to Aug 31, 2026
monthly, from SEC filings
Sep 1, 2023 to Aug 31, 2026
monthly, from SEC filings
monthly, from SEC filings
Computed by ETFIQ from the monthly sales and redemptions CLSE files with the SEC on Form N-PORT.
How this is computed
ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Aug 2026. Every day and month ETFIQ holds for CLSE, back to Dec 2021, is in its flows file. Flows across every fund · How these flows are computed · Compare CLSE with other funds in the flows tool
Month by month, money in and money outSep 2023 to Aug 2026
CLSE, money in and money out each month from Sep 2023 to Aug 2026: two bars a month, money in above the line and money out below. Every bar is from CLSE’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 32 and went out in 4.
Every bar is from CLSE’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 32 and went out in 4.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Aug 31, 2026. Updated when the fund files its next report.
CLSE key stats
Trading
as of Feb 13, 2026
CLSE for holders outside the US
About CLSE
12 seats on CLSE, as of Nov 4, 2026: 1 Mixed, 2 Challenges, 8 Not enough data, 1 Does not apply.
Questions people ask about CLSE
- Does CLSE move with the S&P 500?
- Over the year to Nov 4, 2026, CLSE’s weekly returns had a correlation of +0.73 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.75, so for each 1% the index moved it moved about 0.75% the same way.
- What did CLSE do when stocks fell?
- The S&P 500 fell in 26 of the 52 weeks to Nov 4, 2026, by 1.07% on average. In those weeks CLSE fell 0.63% on average, a down-week capture of 59.1%.
- Did CLSE earn more than cash?
- Over the same 52 weeks CLSE returned +22.1% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. CLSE finished 18.4 percentage points ahead of it.
- What does CLSE cost?
- The prospectus expense ratio is 1.52% a year.
- Why is CLSE listed as long-short equity?
- ETFIQ files each fund by what its own prospectus says it does, and CLSE’s, filed Mar 26, 2026, describes a long-short equity fund.
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Cite this pageCitation, APA and Markdown
ETFIQ, CLSE, alternatives ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/clse
ETFIQ. (Nov 4, 2026). CLSE, alternatives ETFs. Retrieved from https://etfiq.com/funds/clse
[CLSE, alternatives ETFs (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/clse)
The down-week bars for CLSE, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/alternatives/clse/" title="CLSE: CLSE in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, CLSE −0.63%." width="640" height="334" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">CLSE: CLSE in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, CLSE −0.63%. Data: <a href="https://etfiq.com/funds/clse">ETFIQ</a></figcaption>
</figure>The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
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