HYGHvsCLSEETF Comparison
VS
iShares Interest Rate Hedged High Yield Bond ETF (HYGH) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. HYGH is less expensive with a Total Expense Ratio (TER) of 1.12%, versus 1.52% for CLSE. HYGH is up 3.06% year-to-date (YTD) with +$225M in YTD flows. CLSE performs better with 23.39% YTD performance, and +$659M in YTD flows. Run a side-by-side ETF comparison of HYGH 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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HYGH 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. | HYGH CLSE | -1.48%-1.22% | -0.57%+0.02% | +3.06%+23.39% | +5.43%+32.16% | +28.40%+108.86% | +37.60%n/a |
| Flows | HYGH CLSE | +$9M+$87M | +$95M+$266M | +$225M+$659M | +$233M+$692M | +$488M+$847M | +$542M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYGH CLSE | +2.39%+8.79% | +2.98%+13.01% | +4.36%+13.47% | +6.57%n/a |
| Max drawdown | HYGH CLSE | -1.73%-3.12% | -1.73%-4.60% | -5.55%-15.76% | -8.13%n/a |
| Max drawdown duration | HYGH CLSE | 25d43d | 25d40d | 78d188d | 252dn/a |
Trading data
HYGH | CLSE | |
Last sale 10/16/2026 at 1:30 PM | $84.69 | $33.74 |
| Previous close 10/16/2026 | $84.99 | $34.05 |
| Consolidated volume 10/16/2026 | ||
| 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 indexHYGH | 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
HYGH | CLSE | |
|---|---|---|
| Last price | $84.69 | $33.74 |
| 1D performance | -0.35% | -0.91% |
| AuM | $651.97 M | $1.02 B |
| E/R | 1.12% | 1.52% |
Characteristics
HYGH | CLSE | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | Convergence Investment Partners LLC |
| Benchmark | BlackRock Interest Rate Hedged High Yield Bond Index | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 24, 2014 | February 22, 2022 |
| ESG | No | No |
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Exposure
Countries
HYGH
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CLSE
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Sectors
HYGH
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CLSE
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Diversification
HYGH
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CLSE
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Top 15 holdings
Data as of January 1, 1970
HYGH
Data will be available soon
CLSE
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Frequently asked questions about HYGH and CLSE
How have the HYGH and CLSE ETFs performed in 2026?
As of October 16, 2026, HYGH is up 3.06% 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: HYGH or CLSE?
Year-to-date, the HYGH ETF saw +$225M in flows, compared to +$659M for CLSE.
Which ETF is more volatile: HYGH or CLSE?
Over the past year, HYGH had a volatility of 2.98%, while CLSE experienced 13.01%.
Which ETF is bigger: HYGH or CLSE?
As of October 16, 2026, HYGH holds $651.97 M in assets under management (AUM), while CLSE manages $1.02 B.
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