CLSEvsFLRGETF Comparison
Convergence Long/Short Equity ETF (CLSE) belongs to the Alternatives segment. Fidelity US Multifactor ETF (FLRG) is part of the US Multi-Factor segment. CLSE's top 3 sector exposures are Information Technology, Financials and Communication Services. In contrast, FLRG's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. CLSE is more expensive with a Total Expense Ratio (TER) of 1.44%, versus 0.15% for FLRG. CLSE is up 22.78% year-to-date (YTD) with +$286M in YTD flows. FLRG performs worse with 6.76% YTD performance, and -$4M in YTD flows. Run a side-by-side ETF comparison of CLSE and FLRG 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 FLRG performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CLSE FLRG | +1.53%-0.27% | +20.59%+6.64% | +22.78%+6.76% | +48.38%+16.38% | +125.84%+66.09% | n/a+80.08% |
| Flows | CLSE FLRG | +$94M-$2M | +$221M-$2M | +$286M-$4M | +$333M+$22M | +$473M+$188M | -+$204M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CLSE FLRG | +15.10%+11.93% | +13.15%+10.22% | +13.45%+13.46% | n/a+15.28% |
| Max drawdown | CLSE FLRG | -3.93%-4.87% | -4.60%-7.10% | -15.76%-16.74% | n/a-20.04% |
| Max drawdown duration | CLSE FLRG | 7d29d | 40d76d | 188d154d | n/a604d |
CLSE | FLRG | |
Last sale 6/10/2026 at 1:30 PM | $33.29 | $39.78 |
| Previous close 06/09/2026 | $33.54 | $40.31 |
| Consolidated volume 06/09/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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CLSE | FLRG | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
CLSE | FLRG | |
|---|---|---|
| Last price | $33.29 | $39.78 |
| 1D performance | -0.75% | -1.32% |
| AuM | $642.51 M | $284.63 M |
| E/R | 1.44% | 0.15% |
CLSE | FLRG | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Convergence Investment Partners LLC | Fidelity |
| Benchmark | - | Fidelity U.S. Multifactor Index |
| N° of holdings | 325 | 97 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 22, 2022 | September 15, 2020 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
