MKAMvsCLSEETF Comparison
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MKAM ETF (MKAM) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. MKAM is less expensive with a Total Expense Ratio (TER) of 0.55%, versus 1.52% for CLSE. MKAM is up 6.69% year-to-date (YTD) with +$931K in YTD flows. CLSE performs better with 23.39% YTD performance, and +$659M in YTD flows. Run a side-by-side ETF comparison of MKAM 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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MKAM 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. | MKAM CLSE | +0.87%-1.22% | +1.32%+0.02% | +6.69%+23.39% | +8.97%+32.16% | +34.42%+108.86% | n/an/a |
| Flows | MKAM CLSE | -+$87M | +$317K+$266M | +$931K+$659M | +$4M+$692M | +$6M+$847M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MKAM CLSE | +5.77%+8.79% | +6.23%+13.01% | +6.13%+13.47% | n/an/a |
| Max drawdown | MKAM CLSE | -1.49%-3.12% | -3.36%-4.60% | -4.89%-15.76% | n/an/a |
| Max drawdown duration | MKAM CLSE | 50d43d | 71d40d | 153d188d | n/an/a |
Trading data
MKAM | CLSE | |
Last sale 10/16/2026 at 1:30 PM | $32.22 | $33.74 |
| Previous close 10/15/2026 | $32.40 | $34.05 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
MKAM | CLSE | |
|---|---|---|
| Last price | $32.22 | $33.74 |
| 1D performance | -0.57% | -0.91% |
| AuM | $13.53 M | $1.02 B |
| E/R | 0.55% | 1.52% |
Characteristics
MKAM | CLSE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | MKAM ETF LLC | Convergence Investment Partners LLC |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 12, 2023 | February 22, 2022 |
| ESG | No | No |
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Exposure
Countries
MKAM
Data will be available soon
CLSE
Data will be available soon
Sectors
MKAM
Data will be available soon
CLSE
Data will be available soon
Diversification
MKAM
Data will be available soon
CLSE
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
MKAM
Data will be available soon
CLSE
Data will be available soon
Frequently asked questions about MKAM and CLSE
How have the MKAM and CLSE ETFs performed in 2026?
As of October 16, 2026, MKAM is up 6.69% 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: MKAM or CLSE?
Year-to-date, the MKAM ETF saw +$931K in flows, compared to +$659M for CLSE.
Which ETF is more volatile: MKAM or CLSE?
Over the past year, MKAM had a volatility of 6.23%, while CLSE experienced 13.01%.
Which ETF is bigger: MKAM or CLSE?
As of October 16, 2026, MKAM holds $13.53 M in assets under management (AUM), while CLSE manages $1.02 B.
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