CLSEvsFTLSETF Comparison
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Convergence Long/Short Equity ETF (CLSE) and First Trust Long/Short Equity ETF (FTLS) belong to the same industry segment: Alternatives. CLSE is more expensive with a Total Expense Ratio (TER) of 1.52%, versus 1.38% for FTLS. CLSE is up 23.69% year-to-date (YTD) with +$659M in YTD flows. FTLS performs worse with 9.16% YTD performance, and +$293M in YTD flows. Run a side-by-side ETF comparison of CLSE and FTLS 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 FTLS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/20/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CLSE FTLS | -1.76%+0.27% | +0.46%+3.73% | +23.69%+9.16% | +31.58%+11.73% | +114.99%+51.23% | n/a+63.55% |
| Flows | CLSE FTLS | +$77M+$73M | +$263M+$111M | +$659M+$293M | +$692M+$402M | +$847M+$1.33B | -+$1.61B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CLSE FTLS | +8.85%+5.96% | +13.01%+7.11% | +13.45%+8.66% | n/a+9.38% |
| Max drawdown | CLSE FTLS | -3.12%-1.48% | -4.60%-3.80% | -15.76%-11.43% | n/a-11.43% |
| Max drawdown duration | CLSE FTLS | 43d6d | 40d65d | 188d214d | n/a214d |
Trading data
CLSE | FTLS | |
Last sale 10/21/2026 at 1:30 PM | $34.00 | $77.76 |
| Previous close 10/20/2026 | $33.79 | $77.20 |
| Consolidated volume 10/20/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/21/2026 at 1:30 PM
Live
Closed
CLSE | FTLS | |
|---|---|---|
| Last price | $34.00 | $77.76 |
| 1D performance | +0.62% | +0.73% |
| AuM | $1.02 B | $2.64 B |
| E/R | 1.52% | 1.38% |
Characteristics
CLSE | FTLS | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Convergence Investment Partners LLC | First Trust |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 22, 2022 | September 8, 2014 |
| ESG | No | No |
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Exposure
Countries
CLSE
Data will be available soon
FTLS
Data will be available soon
Sectors
CLSE
Data will be available soon
FTLS
Data will be available soon
Diversification
CLSE
Data will be available soon
FTLS
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Top 15 holdings
Data as of January 1, 1970
CLSE
Data will be available soon
FTLS
Data will be available soon
Frequently asked questions about CLSE and FTLS
