Is Convergence Long/Short Equity ETF (CLSE) a Buy, Sell, or Hold?
CBOE : CLSE
Convergence Long/Short Equity ETF
$33.41 USD
-$0.2 (-0.6%)
- Volume
- 299.29K
- Average Volume
- 275.95K
- Market Capitalization
- $386.52M
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $34.76
- Year Low
- $24.12
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
CBOE
None
Asset Management
Financial Services
CLSE
N/A
US
USD
Liquidity Metrics
Sales & Valuation
-$
Profitability
-$
%
%
%
%
P/E Metrics
Analyst Price Target & Rating
0/5
0 Analysts
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Financial Health Scores
No financial score data available.
Key Metrics (TTM)
No key metrics data available.
Company Executives
No executive data available.
Poll Results
No votes yet today — be the first to share your view!
About Convergence Long/Short Equity ETF (CBOE:CLSE) Stock
The Convergence Long/Short Equity ETF is designed to offer enhanced investment performance relative to standard approaches, simultaneously aiming to mitigate potential downside. This fund endeavors to produce reliable and significant outperformance (alpha) by utilizing its proprietary method of ranking fundamentals to select both buying and selling opportunities across diverse market environments. ...
Why Now Is The Time For Momentum-Driven Long/Short EQ Strategies Like CLSE
2026-08-07 11:10:48
The Convergence Long/Short Equity ETF (CLSE) combines quantitative and fundamental factors to run long and short positions across roughly 3,000 US equities. The fund's short book carries a much higher P/E and beta than its long book, targeting expensive, weaker names. CLSE has outperformed peers like FTLS, ORR and HFEQ on a risk-adjusted basis over the past five years.
CLSE: Buy Rating Maintained As Masterful Maneuvers Reinforce Thesis
2026-07-31 21:37:58
Convergence Long/Short Equity ETF has an active strategy designed to deliver “alpha from a net long portfolio.”. I maintain a Buy rating on CLSE, supported by its over 11% outperformance since the February note that proves the high adaptability of the strategy. Since conversion into an ETF, CLSE has delivered an annualized active return of 7.15% (with IWV selected as a benchmark), with a lower standard deviation.
Real Assets or Active ETFs? Where RIAs Allocate
2026-05-26 14:53:58
New AdvizorPro data shows RIAs broadened their ETF lineups in Q1 2026, leaning into real assets, active managers, and defense strategies.
CLSE: Survives Yet Another Stress Test And Proceeds To Capture Upside
2026-05-18 23:53:26
The Convergence Long/Short Equity ETF has delivered additional proof of tail risk mitigation without surrendering much upside capture this year. Modest drawdowns were experienced during March's sell-off, and index-level upside capture occurred in April. The vehicle's long exposure is currently at ~60%, its lower bound, and management communicated alignment in favour of value over momentum and broadening over narrowing post Q1.
Frequently Asked Questions
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What is the current Convergence Long/Short Equity ETF (CLSE) stock price?
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Convergence Long/Short Equity ETF(CBOE:CLSE) stock price is $33.41 in the last trading session. During the trading session, CLSE stock reached the peak price of $34.76 while $24.12 was the lowest point it dropped to. The percentage change in CLSE stock occurred in the recent session was --0.6% while the dollar amount for the price change in CLSE stock was -$0.2.
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CLSE's industry and sector of operation?
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The CBOE listed CLSE is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of CLSE?
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How many employees does CLSE have?
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Number of CLSE employees currently stands at None. CLSE operates from 3801 PGA Blvd, Suite 1001, Palm Beach Gardens, FL 33410, US.
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Link for CLSE official website?
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Official Website of CLSE is: https://www.investcip.com/etfstrategies.html
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How do I contact CLSE?
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CLSE could be contacted at phone #None and can also be accessed through its website. CLSE operates from 3801 PGA Blvd, Suite 1001, Palm Beach Gardens, FL 33410, US.
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How many shares of CLSE are traded daily?
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The average number of CLSE shares traded daily for last 3 months was 275.95K.
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What is the market cap of CLSE currently?
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The market value of CLSE currently stands at $386.52M with its latest stock price at $33.41