HYHGvsCLSEETF Comparison
VS
ProShares High Yield—Interest Rate Hedged ETF (HYHG) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. HYHG is less expensive with a Total Expense Ratio (TER) of 0.5%, versus 1.52% for CLSE. HYHG is up 3.35% year-to-date (YTD) with +$94M in YTD flows. CLSE performs better with 24.56% YTD performance, and +$654M in YTD flows. Run a side-by-side ETF comparison of HYHG 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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HYHG vs CLSE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HYHG CLSE | -1.42%-0.21% | -0.22%+0.06% | +3.35%+24.56% | +5.09%+32.87% | +27.41%+110.84% | +38.04%n/a |
| Flows | HYHG CLSE | -$14M+$94M | +$76M+$264M | +$94M+$654M | +$86M+$686M | +$133M+$842M | +$122M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYHG CLSE | +3.24%+8.78% | +2.94%+12.98% | +3.89%+13.46% | +5.96%n/a |
| Max drawdown | HYHG CLSE | -1.83%-3.12% | -1.83%-4.60% | -5.32%-15.76% | -9.75%n/a |
| Max drawdown duration | HYHG CLSE | 24d43d | 24d40d | 107d188d | 282dn/a |
Trading data
HYHG | CLSE | |
Last sale 10/16/2026 at 1:30 PM | $63.13 | $33.74 |
| Previous close 10/15/2026 | $63.42 | $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 indexHYHG | 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
HYHG | CLSE | |
|---|---|---|
| Last price | $63.13 | $33.74 |
| 1D performance | -0.46% | -0.91% |
| AuM | $249.90 M | $1.02 B |
| E/R | 0.5% | 1.52% |
Characteristics
HYHG | CLSE | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | ProShares | Convergence Investment Partners LLC |
| Benchmark | FTSE High Yield (Treasury Rate-Hedged) Index | - |
| N° of holdings | - | - |
| Asset class | Bonds | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 21, 2013 | February 22, 2022 |
| ESG | No | No |
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Exposure
Countries
HYHG
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CLSE
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Sectors
HYHG
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CLSE
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Diversification
HYHG
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CLSE
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Top 15 holdings
Data as of January 1, 1970
HYHG
Data will be available soon
CLSE
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Frequently asked questions about HYHG and CLSE
How have the HYHG and CLSE ETFs performed in 2026?
As of October 15, 2026, HYHG is up 3.35% year-to-date (YTD), while CLSE has returned 24.56%. That puts CLSE better performer ahead so far this year.
Which ETF is attracting more investor money: HYHG or CLSE?
Year-to-date, the HYHG ETF saw +$94M in flows, compared to +$654M for CLSE.
Which ETF is more volatile: HYHG or CLSE?
Over the past year, HYHG had a volatility of 2.94%, while CLSE experienced 12.98%.
Which ETF is bigger: HYHG or CLSE?
As of October 15, 2026, HYHG holds $249.90 M in assets under management (AUM), while CLSE manages $1.02 B.
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