CLSEvsHYGHETF Comparison
Convergence Long/Short Equity ETF (CLSE) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH) belong to the same industry segment: Alternatives. CLSE is more expensive with a Total Expense Ratio (TER) of 1.52%, versus 1.12% for HYGH. CLSE is up 22.03% year-to-date (YTD) with +$670M in YTD flows. HYGH performs worse with 3.08% YTD performance, and +$212M in YTD flows. Run a side-by-side ETF comparison of CLSE and HYGH 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 HYGH performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CLSE HYGH | -1.55%-1.44% | -1.87%-0.33% | +22.03%+3.08% | +29.00%+4.78% | +111.52%+29.00% | n/a+37.68% |
| Flows | CLSE HYGH | +$66M-$4M | +$251M+$69M | +$670M+$212M | +$701M+$220M | +$858M+$476M | -+$521M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CLSE HYGH | +9.17%+2.43% | +13.05%+2.96% | +13.48%+4.36% | n/a+6.58% |
| Max drawdown | CLSE HYGH | -3.35%-1.73% | -4.60%-1.73% | -15.76%-5.55% | n/a-8.13% |
| Max drawdown duration | CLSE HYGH | 10d32d | 40d32d | 188d78d | n/a252d |
CLSE | HYGH | |
Last sale 10/23/2026 at 1:30 PM | $33.37 | $84.68 |
| Previous close 10/22/2026 | $33.40 | $84.66 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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CLSE | HYGH | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
CLSE | HYGH | |
|---|---|---|
| Last price | $33.37 | $84.68 |
| 1D performance | -0.10% | +0.02% |
| AuM | $1.02 B | $639.39 M |
| E/R | 1.52% | 1.12% |
CLSE | HYGH | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Convergence Investment Partners LLC | iShares |
| Benchmark | - | BlackRock Interest Rate Hedged High Yield Bond Index |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 22, 2022 | May 24, 2014 |
| ESG | No | No |
