CLSEvsAFLGETF Comparison
Convergence Long/Short Equity ETF (CLSE) belongs to the Alternatives segment. First Trust Active Factor Large Cap ETF (AFLG) is part of the US Multi-Factor segment. CLSE's top 3 sector exposures are Information Technology, Financials and Health Care. In contrast, AFLG's top sector exposures are Information Technology, Consumer Discretionary and Financials. CLSE is more expensive with a Total Expense Ratio (TER) of 1.44%, versus 0.55% for AFLG. CLSE is up 13.25% year-to-date (YTD) with +$156M in YTD flows. AFLG performs worse with 6.86% YTD performance, and +$97M in YTD flows. Run a side-by-side ETF comparison of CLSE and AFLG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
CLSE vs AFLG performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CLSE AFLG | +8.63%+8.25% | +10.84%+4.85% | +13.25%+6.86% | +45.96%+30.83% | +110.85%+78.27% | n/a+75.99% |
| Flows | CLSE AFLG | +$77M+$64M | +$132M+$81M | +$156M+$97M | +$215M+$258M | +$343M+$506M | -+$502M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CLSE AFLG | +16.13%+14.54% | +12.44%+11.92% | +13.28%+14.26% | n/a+16.30% |
| Max drawdown | CLSE AFLG | -4.60%-8.14% | -4.60%-8.14% | -15.76%-17.58% | n/a-23.51% |
| Max drawdown duration | CLSE AFLG | 40d47d | 40d47d | 188d205d | n/a741d |
CLSE | AFLG | |
Last sale 4/24/2026 at 1:30 PM | $30.92 | $41.96 |
| Previous close 04/23/2026 | $30.82 | $41.79 |
| Consolidated volume 04/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
CLSE | AFLG | |
|---|---|---|
| Last price | $30.92 | $41.96 |
| 1D performance | +0.33% | +0.41% |
| AuM | $470.08 M | $599.87 M |
| E/R | 1.44% | 0.55% |
CLSE | AFLG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Convergence Investment Partners LLC | First Trust |
| Benchmark | - | - |
| N° of holdings | 627 | 229 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 22, 2022 | December 3, 2019 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
