Convergence Long/Short Equity ETF

CLSE · CBOE

Market closed$33.71$-0.080000 (-0.24%)After hours $34.57 · +2.55%

Key statistics

Previous close$33.79

Open$33.47

Day high$33.84

Day low$33.47

52-week high$34.76

52-week low$23.19

Market cap389.99M

Volume232.45K

Average volume243.60K

P/E ratio23.59

Forward P/E—

EPS1.43

Dividend yield0.00%

Market context

Why it moved

CLSE edged slightly lower amid a broad market sell-off driven by a deepening rout in semiconductor and tech stocks, fueled by renewed concerns over AI spending and escalating geopolitical tensions from the U.S.-Iran conflict.

Note Substack Har CNBC Morningstar

What is happening

Recent company-specific developments and publisher coverage.

Stock Traders Daily · July 11, 2026Behavioral Patterns of CLSE and Institutional Flows Seeking Alpha · May 19, 2026CLSE: Survives Yet Another Stress Test And Proceeds To Capture Upside (BATS:CLSE)Seeking Alpha · February 28, 2026CLSE: Impressive Performance Amid Capital Rotation Reinforces Buy Rating (BATS:CLSE)

Peers

S&P 500SPX · $7,457.69-1.01%

Avantis Responsible International Equity ETFAVSD · $79.49-0.91%

Calvert International Responsible Index ETFCVIE · $81.63-1.10%

First Trust Dow 30 Equal Weight ETFEDOW · $44.52-0.60%

iShares High Yield Corporate Bond BuyWrite Strategy ETFHYGW · $28.92-0.17%

NYLI Candriam U.S. Mid Cap Equity ETFIQSM · $39.22-0.52%

Janus Henderson Small Cap Growth Alpha ETFJSML · $88.93+0.04%

Invesco Biotechnology & Genome ETFPBE · $91.05-0.03%

Invesco S&P 500 Equal Weight Consumer Discretionary ETFRSPD · $55.48-1.49%

Invesco S&P 500 Equal Weight Consumer Staples ETFRSPS · $30.85-0.71%

VictoryShares Dividend Accelerator ETFVSDA · $58.64-0.54%

Company profile

The Convergence Long/Short Equity ETF (CLSE), listed on the Chicago Board Options Exchange (CBOE), is an actively managed exchange-traded fund issued by Convergence Investment Partners LLC and domiciled in the United States. Originally launched as a mutual fund on December 29, 2009, CLSE converted to an ETF structure on February 22, 2022, and has grown to approximately $575 million in assets under management. The fund seeks long-term capital growth by employing a proprietary dynamic quantitative model that ranks stocks based on fundamental and quantitative factors — including valuation, growth, momentum, and quality — to establish long positions in fundamentally strong equities (roughly 90%–150% net long) and short positions in companies with deteriorating business models (roughly 20%–70% short), targeting a 50%–100% net long exposure. With a net expense ratio of 1.44% and a focus primarily on large- and mid-cap U.S. equities across sectors such as Technology, Financial Services, and Communication Services, CLSE aims to deliver consistent alpha while minimizing volatility relative to the broader equity market.

Symbol: CLSE
Exchange: CBOE
Sector: Financial Services
Industry: Asset Management
Employees: 0
Country: US
IPO date: 2022-02-22
Website: investcip.com

Analyst consensus

hold

0 ratings

Low$0.00Average$0.00High$0.00