CLSE Performance — Convergence Long/Short Equity ETF
Data updated: 2026-07-28
CLSE returned +23.39% year to date and +48.64% over one year to May 2026. The annualised 3-year return is +32.24%. The fund beat its US Multi-Cap Blend category average: $100 invested three years ago grew to $231, against $147 for the category, and to $149 over one year, against $119. Volatility over the past three years was 11.32% a year. In the 12 months to May 2026 the fund took in a net $303.2M, and assets reached $614.01M.
CLSE Growth of $100
What $100 invested in Convergence Long/Short Equity ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | CLSE | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $149 | $119 |
| 3 years (Jun 2023 – May 2026) | $231 | $147 |
| Since data start (Dec 2021 – May 2026) | $232 | $134 |
CLSE Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.39% |
| 1 year | +48.64% |
| 3 years (annualised) | +32.24% |
CLSE Annual Returns
Calendar-year total returns of Convergence Long/Short Equity ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +23.39% |
| 2025 | +20.60% |
| 2024 | +35.39% |
| 2023 | +17.50% |
| 2022 | −7.25% |
| 2021 (Dec–Dec) | +5.81% |
CLSE Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.2% | +0.6% | −0.9% | +11.1% | +8.0% | — | — | — | — | — | — | — |
| 2025 | +2.1% | −2.9% | −4.5% | +0.8% | +5.0% | +3.5% | +1.6% | +1.8% | +6.2% | +2.9% | +2.0% | +1.1% |
| 2024 | +5.2% | +9.1% | +4.3% | −1.9% | +4.2% | +2.7% | −1.6% | +3.0% | +2.5% | +1.5% | +4.1% | −1.8% |
| 2023 | −0.9% | +1.0% | +3.2% | −1.1% | +0.2% | +5.1% | +1.8% | +1.1% | −0.5% | +0.1% | +5.2% | +1.2% |
| 2022 | −2.5% | −1.0% | +2.4% | −1.8% | +1.5% | −7.9% | +3.6% | −3.3% | −4.6% | +7.7% | +3.6% | −4.1% |
| 2021 | — | — | — | — | — | — | — | — | — | — | — | +5.8% |
CLSE Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 11.32%
- 3-year Sharpe ratio: 2.45 (vs 4.5% risk-free rate)
- Best month: +11.13% (Apr 2026)
- Worst month: −4.49% (Mar 2025)
CLSE Fund Flows
Monthly money in and out of Convergence Long/Short Equity ETF, from SEC Form N-PORT.
- 12-month net flow: $303.2M
- 12-month gross sales (incl. reinvestments): $381.3M
- Sales ÷ redemptions: 4.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $118.6M | $32.8M | $85.8M |
| Apr 2026 | $82.2M | $1.5M | $80.7M |
| Mar 2026 | $49.3M | $18.1M | $31.2M |
| Feb 2026 | $26.1M | $0 | $26.1M |
| Jan 2026 | $29.7M | $0 | $29.7M |
| Dec 2025 | $16.4M | $0 | $16.4M |
| Nov 2025 | $12.0M | $0 | $12.0M |
| Oct 2025 | $7.8M | $0 | $7.8M |
| Sep 2025 | $10.4M | $2.6M | $7.8M |
| Aug 2025 | $22.5M | $15.9M | $6.6M |
| Jul 2025 | $1.7M | $5.6M | −$4.0M |
| Jun 2025 | $4.6M | $1.6M | $3.0M |
CLSE Assets Under Management
Net assets of Convergence Long/Short Equity ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $614.01M |
| 2026-02-28 | $334.68M |
| 2025-11-30 | $251.32M |
| 2025-08-31 | $199.65M |
| 2025-05-31 | $181.34M |
| 2025-02-28 | $263.28M |
| 2024-11-30 | $206.84M |
| 2024-08-31 | $162.53M |
| 2024-05-31 | $97.80M |
| 2024-02-29 | $55.73M |
| 2023-11-30 | $31.50M |
| 2023-08-31 | $26.16M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.