USEvsCLSEETF Comparison
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USCF Energy Commodity Strategy Absolute Return Fund (USE) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. USE is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 1.52% for CLSE. USE is up 67.82% year-to-date (YTD) with -$1M in YTD flows. CLSE performs worse with 23.39% YTD performance, and +$659M in YTD flows. Run a side-by-side ETF comparison of USE 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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USE 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. | USE CLSE | +4.08%-1.22% | +28.60%+0.02% | +67.82%+23.39% | +43.98%+32.16% | +53.56%+108.86% | n/an/a |
| Flows | USE CLSE | -$4M+$87M | -$1M+$266M | -$1M+$659M | -$1M+$692M | -$1M+$847M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | USE CLSE | +33.08%+8.79% | +36.90%+13.01% | +29.62%+13.47% | n/an/a |
| Max drawdown | USE CLSE | -12.64%-3.12% | -27.97%-4.60% | -27.97%-15.76% | n/an/a |
| Max drawdown duration | USE CLSE | 40d43d | 113d40d | 113d188d | n/an/a |
Trading data
USE | CLSE | |
Last sale 10/16/2026 at 1:30 PM | $38.42 | $33.74 |
| Previous close 10/15/2026 | $37.76 | $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
USE | CLSE | |
|---|---|---|
| Last price | $38.42 | $33.74 |
| 1D performance | +1.75% | -0.91% |
| AuM | $2.88 M | $1.02 B |
| E/R | 0.79% | 1.52% |
Characteristics
USE | CLSE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | USCF | Convergence Investment Partners LLC |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 4, 2023 | February 22, 2022 |
| ESG | No | No |
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Exposure
Countries
USE
Data will be available soon
CLSE
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Sectors
USE
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CLSE
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Diversification
USE
Data will be available soon
CLSE
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Top 15 holdings
Data as of January 1, 1970
USE
Data will be available soon
CLSE
Data will be available soon
Frequently asked questions about USE and CLSE
How have the USE and CLSE ETFs performed in 2026?
As of October 16, 2026, USE is up 67.82% year-to-date (YTD), while CLSE has returned 23.39%. That puts USE better performer ahead so far this year.
Which ETF is attracting more investor money: USE or CLSE?
Year-to-date, the USE ETF saw -$1M in flows, compared to +$659M for CLSE.
Which ETF is more volatile: USE or CLSE?
Over the past year, USE had a volatility of 36.9%, while CLSE experienced 13.01%.
Which ETF is bigger: USE or CLSE?
As of October 16, 2026, USE holds $2.88 M in assets under management (AUM), while CLSE manages $1.02 B.
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