Convergence Long/Short Equity ETF (CLSE)

BATS: CLSE · Real-Time Price · USD
23.50
+0.04 (0.17%)
At close: Jul 18, 2025, 4:00 PM
23.50
0.00 (0.00%)
After-hours: Jul 18, 2025, 6:30 PM EDT
0.17%
Assets$185.43M
Expense Ratio1.44%
PE Ration/a
Shares Out8.05M
Dividend (ttm)$0.21
Dividend Yield0.90%
Ex-Dividend DateDec 16, 2024
Payout FrequencyAnnual
Payout Ration/a
Volume19,239
Open23.51
Previous Close23.46
Day's Range23.37 - 23.51
52-Week Low19.59
52-Week High24.23
Beta0.60
Holdings336
Inception DateDec 29, 2009

About CLSE

Fund Home Page

The Convergence Long/Short Equity ETF (CLSE) is an exchange-traded fund that mostly invests in long/short alternatives. The fund establishes both long and short positions in US stocks. The actively managed fund intends to maintain a 50%-100% net long exposure. CLSE was launched on Dec 29, 2009 and is issued by Convergence.

Asset Class Alternatives
Category Long-Short Equity
Region North America
Stock Exchange BATS
Ticker Symbol CLSE
ETF Provider Convergence

Top 10 Holdings

61.68% of assets
NameSymbolWeight
DEPOSITS WITH BROKER FOR SHORT POSITIONSn/a36.19%
NVIDIA CorporationNVDA4.71%
Alphabet Inc.GOOGL4.58%
Meta Platforms, Inc.META3.44%
Amazon.com, Inc.AMZN2.86%
Broadcom Inc.AVGO2.67%
KLA CorporationKLAC2.02%
Microsoft CorporationMSFT1.79%
VeriSign, Inc.VRSN1.73%
Analog Devices, Inc.ADI1.70%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 16, 2024$0.21204Dec 17, 2024
Dec 15, 2023$0.20637Dec 21, 2023
Dec 15, 2022$0.12498Dec 19, 2022
Full Dividend History

Performance

CLSE had a total return of 9.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.98%.

News

CLSE: A Long-Short Equity ETF With Convincing Performance, A Buy

CLSE has a long/short equity strategy designed to profit from both winners positioned to gain and laggards forecast to decline. Since its conversion to an ETF in 2022, it has delivered solid gains, ou...

26 days ago - Seeking Alpha

CLSE: Long/Short Fund Ideal For Today's Macro Set-Up (Rating Upgrade)

CLSE's long-short strategy minimizes volatility and provides consistent alpha, outperforming SPY and IWV with a high Sharpe ratio and significant alpha. The fund's long exposure is 116%, short exposur...

5 months ago - Seeking Alpha

CLSE: Long-Short ETF Ahead Of The Competition

Convergence Long/Short Equity ETF (CLSE) is an actively managed multi-factor ETF with 116% long and 51% short exposure in U.S. stocks. CLSE is well-diversified in holdings, quite concentrated in the t...

8 months ago - Seeking Alpha

CLSE: Robust Long Short Equity ETF

CLSE is a long/short equity ETF that prioritizes fundamental strength and avoids high-risk short positions, making it a conservative investment option. The ETF has a proven track record of outperformi...

11 months ago - Seeking Alpha

CLSE: Impressive For A Long/Short Fund

CLSE is a long/short equity ETF that aims to take advantage of market inefficiencies and produce better risk-adjusted returns through a dynamic quantitative model. The fund focuses on blending quantit...

11 months ago - Seeking Alpha

CLSE: A Solid Start For This Actively Managed Long-Short Equity ETF

Convergence Long/Short Equity ETF invests across a group of stocks while also selling short another set of equities through an actively managed strategy. The CLSE ETF has outperformed the S&P 500 as a...

1 year ago - Seeking Alpha

I Came Back From A Trip To Africa With These 3 Timely ETF Ideas

We took a “bucket list” trip to Africa to see the “Great Migration,” the annual wildlife journey. It prompted several market outlook ideas. I offer views on several ETFs for investors to consider rese...

Other symbols: RPARTFLOUTWO
2 years ago - Seeking Alpha