TESLvsCLSEETF Comparison
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Simplify Volt TSLA Revolution ETF (TESL) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. TESL is less expensive with a Total Expense Ratio (TER) of 0.97%, versus 1.52% for CLSE. TESL is down -21.33% year-to-date (YTD) with -$5M in YTD flows. CLSE performs better with 23.39% YTD performance, and +$659M in YTD flows. Run a side-by-side ETF comparison of TESL 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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TESL 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. | TESL CLSE | -0.67%-1.22% | -11.44%+0.02% | -21.33%+23.39% | -33.03%+32.16% | +125.66%+108.86% | +55.46%n/a |
| Flows | TESL CLSE | -$358K+$87M | -$705K+$266M | -$5M+$659M | -$8M+$692M | +$17M+$847M | +$24M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TESL CLSE | +49.22%+8.79% | +53.80%+13.01% | +56.44%+13.47% | +51.38%n/a |
| Max drawdown | TESL CLSE | -24.67%-3.12% | -46.13%-4.60% | -54.26%-15.76% | -68.44%n/a |
| Max drawdown duration | TESL CLSE | 92d43d | 353d40d | 272d188d | 1100dn/a |
Trading data
TESL | CLSE | |
Last sale 10/16/2026 at 1:30 PM | $13.55 | $33.74 |
| Previous close 10/15/2026 | $13.63 | $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
TESL | CLSE | |
|---|---|---|
| Last price | $13.55 | $33.74 |
| 1D performance | -0.57% | -0.91% |
| AuM | $14.54 M | $1.02 B |
| E/R | 0.97% | 1.52% |
Characteristics
TESL | CLSE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Simplify | Convergence Investment Partners LLC |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 29, 2020 | February 22, 2022 |
| ESG | Yes | No |
Exposure
Countries
TESL
Data will be available soon
CLSE
Data will be available soon
Sectors
TESL
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CLSE
Data will be available soon
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Diversification
TESL
Data will be available soon
CLSE
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Top 15 holdings
Data as of January 1, 1970
TESL
Data will be available soon
CLSE
Data will be available soon
Frequently asked questions about TESL and CLSE
How have the TESL and CLSE ETFs performed in 2026?
As of October 16, 2026, TESL is down -21.33% 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: TESL or CLSE?
Year-to-date, the TESL ETF saw -$5M in flows, compared to +$659M for CLSE.
Which ETF is more volatile: TESL or CLSE?
Over the past year, TESL had a volatility of 53.8%, while CLSE experienced 13.01%.
Which ETF is bigger: TESL or CLSE?
As of October 16, 2026, TESL holds $14.54 M in assets under management (AUM), while CLSE manages $1.02 B.
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