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CLSEvsAFLGETF Comparison

ETF 1
CLSE

Convergence Long/Short Equity ETF

This fund is part of
Alternatives
+0.49%
VS
ETF 2
AFLG

First Trust Active Factor Large Cap ETF

This fund is part of
US Multi-Factor
+0.41%

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.

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CLSE vs AFLG performance and flow charts

Performance

-20246810%Mar 23Mar 30Apr 7Apr 14Apr 21

Cumulative Flows

0 M20 M40 M60 M80 MMar 23Mar 30Apr 7Apr 14Apr 21

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Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
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
Volatility and drawdown
3M1Y3Y5Y
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
Trading data

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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
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Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
CLSE
AFLG
Last price
$30.92
$41.96
1D performance
+0.33%
+0.41%
AuM$470.08 M$599.87 M
E/R1.44%0.55%
Characteristics
CLSE
AFLG
Management strategyActiveActive
ProviderConvergence Investment Partners LLCFirst Trust
Benchmark--
N° of holdings627229
Asset class--
Trailing 12m distribution yield
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Inception dateFebruary 22, 2022December 3, 2019
ESGNoNo
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Exposure

Countries

CLSE
Data will be available soon
AFLG
USA
96.18%
Other
3.82%

Sectors

CLSE
Data will be available soon
AFLG
Information Techn.
31.01%
Consumer Discreti.
9.72%
Financials
9.27%
Industrials
8.9%
Communication Ser.
8.76%
Health Care
8.54%
Other
23.8%
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Diversification

CLSE
Data will be available soon
AFLG

Total weight of top 15 holdings out of 15

35.78%

Top 15 holdings

Data as of March 31, 2026
CLSE
Data will be available soon
AFLG
NVIDIA
6.96%
APPLE
5.87%
ALPHABET INC-CL
5.54%
MICROSOFT-T
3.44%
BROADCOM LIMITED
2.21%
AMAZON.COM INC
2.03%
NEWMONT CORP
1.52%
BERKSHIRE HATHWAY
1.33%
US5128073062
1.16%
FIRSTENERGY
1.13%
ALTRIA GROUP
0.98%
LOEWS
0.94%
EXXON
0.91%
APPLIED MATERIAL
0.89%
SEAGATE TECHNOLOGY HOLDINGS PLC
0.87%
Frequently asked questions about CLSE and AFLG

How have the CLSE and AFLG ETFs performed in 2026?

As of April 24, 2026, CLSE is up 13.25% year-to-date (YTD), while AFLG has returned 6.86%. That puts CLSE better performer ahead so far this year.

Which ETF is attracting more investor money: CLSE or AFLG?

Year-to-date, the CLSE ETF saw +$156M in flows, compared to +$97M for AFLG.

Which ETF is more volatile: CLSE or AFLG?

Over the past year, CLSE had a volatility of 12.44%, while AFLG experienced 11.92%.

Which ETF is bigger: CLSE or AFLG?

As of April 24, 2026, CLSE holds $470.08 M in assets under management (AUM), while AFLG manages $599.87 M.

What sectors do the CLSE and AFLG ETFs invest in?

CLSE leans toward sectors like Information Technology, Financials and Health Care. Meanwhile, AFLG focuses on Information Technology, Consumer Discretionary and Financials.

What are the top holdings of the CLSE ETF and AFLG ETF?

CLSE top holdings include NVIDIA, BROADCOM LIMITED and US5128073062. AFLG holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: CLSE or AFLG?

CLSE holds 673 securities with 31.42% of its assets in the top 15. AFLG has 239 securities and a top 15 weight of 35.78%.

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