CVYvsCLSEETF Comparison
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Invesco Zacks Multi-Asset Income ETF (CVY) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. CVY is less expensive with a Total Expense Ratio (TER) of 1.15%, versus 1.52% for CLSE. CVY is up 11.94% year-to-date (YTD) with -$4M in YTD flows. CLSE performs better with 23.39% YTD performance, and +$659M in YTD flows. Run a side-by-side ETF comparison of CVY and CLSE 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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CVY vs CLSE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CVY CLSE | -2.13%-1.22% | -2.06%+0.02% | +11.94%+23.39% | +16.83%+32.16% | +50.80%+108.86% | +45.72%n/a |
| Flows | CVY CLSE | -+$87M | -$302K+$266M | -$4M+$659M | -$5M+$692M | -$7M+$847M | -$28M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CVY CLSE | +8.96%+8.79% | +10.32%+13.01% | +13.63%+13.47% | +15.73%n/a |
| Max drawdown | CVY CLSE | -7.55%-3.12% | -7.55%-4.60% | -16.51%-15.76% | -21.89%n/a |
| Max drawdown duration | CVY CLSE | 43d43d | 43d40d | 213d188d | 695dn/a |
Trading data
CVY | CLSE | |
Last sale 10/16/2026 at 1:30 PM | $29.08 | $33.74 |
| Previous close 10/15/2026 | $28.92 | $34.05 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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CLSE
is actively managed and doesn’t replicate an indexCVY | CLSE | |
|---|---|---|
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| 1 year cumulative return difference | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CVY | CLSE | |
|---|---|---|
| Last price | $29.08 | $33.74 |
| 1D performance | +0.55% | -0.91% |
| AuM | $119.29 M | $1.02 B |
| E/R | 1.15% | 1.52% |
Characteristics
CVY | CLSE | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Invesco | Convergence Investment Partners LLC |
| Benchmark | Zacks Multi Asset Income Index | - |
| N° of holdings | - | - |
| Asset class | Alternative | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 21, 2006 | February 22, 2022 |
| ESG | No | No |
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Exposure
Countries
CVY
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CLSE
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Sectors
CVY
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CLSE
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Diversification
CVY
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CLSE
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Top 15 holdings
Data as of January 1, 1970
CVY
Data will be available soon
CLSE
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Frequently asked questions about CVY and CLSE
How have the CVY and CLSE ETFs performed in 2026?
As of October 16, 2026, CVY is up 11.94% year-to-date (YTD), while CLSE has returned 23.39%. That puts CLSE better performer ahead so far this year.
Which ETF is attracting more investor money: CVY or CLSE?
Year-to-date, the CVY ETF saw -$4M in flows, compared to +$659M for CLSE.
Which ETF is more volatile: CVY or CLSE?
Over the past year, CVY had a volatility of 10.32%, while CLSE experienced 13.01%.
Which ETF is bigger: CVY or CLSE?
As of October 16, 2026, CVY holds $119.29 M in assets under management (AUM), while CLSE manages $1.02 B.
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