Performance analysis of CLSE (CONVERGENCE LONG/SHORT EQUITY ETF)
Annual Return
Over the past 3 years, CLSE has had an average annual return of +32.29%, outperforming the benchmark SPY, which returned +22.77% annual.
Since Feb 22, 2022, CLSE has had an average annual return of +21.88%, outperforming the benchmark SPY, which returned +15.83% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +25.32% | +20.44% | +35.53% | +17.52% | -3.03% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.37% | +0.64% | -1.02% | +11.19% | +8.02% | +1.33% | +25.32% | ||||||
| 2025 | +1.88% | -2.79% | -4.76% | +1.02% | +5.03% | +1.92% | +3.17% | +1.74% | +6.16% | +2.92% | +2.05% | +0.89% | +20.44% |
| 2024 | +5.37% | +9.13% | +4.23% | -1.90% | +4.28% | +2.53% | -1.49% | +2.70% | +2.67% | +1.53% | +4.16% | -1.85% | +35.53% |
| 2023 | -1.22% | +1.33% | +3.11% | -1.16% | +0.28% | +5.23% | +1.67% | +1.34% | -0.66% | +0.22% | +5.06% | +1.31% | +17.52% |
| 2022 | +0.91% | +2.55% | -2.10% | +1.56% | -8.12% | +3.95% | -3.20% | -4.61% | +7.68% | +3.35% | -3.97% | -3.03% |
Drawdown analysis of CLSE (CONVERGENCE LONG/SHORT EQUITY ETF)
The maximum drawdown for the CLSE was -16.44%, occurring on Apr 4, 2025. Recovery took 80 trading sessions.
Since Feb 22, 2022 CLSE has experienced the following drawdowns:
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.44% | Jan 23, 2025 | 50 | Apr 4, 2025 | 80 | Jul 31, 2025 | 130 |
| -14.27% | Apr 20, 2022 | 113 | Sep 30, 2022 | 197 | Jul 17, 2023 | 310 |
| -7.41% | Jul 10, 2024 | 18 | Aug 5, 2024 | 32 | Sep 19, 2024 | 50 |
| -4.85% | Feb 25, 2026 | 23 | Mar 30, 2026 | 5 | Apr 7, 2026 | 28 |
| -4.77% | Oct 11, 2023 | 11 | Oct 26, 2023 | 10 | Nov 9, 2023 | 21 |
| -4.66% | Apr 5, 2024 | 10 | Apr 19, 2024 | 13 | May 8, 2024 | 23 |
| -4.40% | Nov 10, 2025 | 8 | Nov 20, 2025 | 5 | Nov 28, 2025 | 13 |
| -4.22% | Dec 6, 2024 | 8 | Dec 18, 2024 | 20 | Jan 21, 2025 | 28 |
| -3.66% | Mar 25, 2022 | 7 | Apr 5, 2022 | 10 | Apr 20, 2022 | 17 |
| -3.56% | Mar 3, 2022 | 3 | Mar 8, 2022 | 5 | Mar 15, 2022 | 8 |
| -3.37% | Jul 18, 2023 | 23 | Aug 18, 2023 | 9 | Aug 31, 2023 | 32 |
| -3.21% | Sep 19, 2025 | 15 | Oct 10, 2025 | 10 | Oct 24, 2025 | 25 |
| -2.62% | Nov 12, 2024 | 11 | Nov 27, 2024 | 6 | Dec 6, 2024 | 17 |
| -2.62% | Feb 2, 2026 | 2 | Feb 4, 2026 | 2 | Feb 6, 2026 | 4 |
| -2.36% | Dec 11, 2025 | 4 | Dec 17, 2025 | 2 | Dec 19, 2025 | 6 |
| -2.13% | Sep 11, 2023 | 8 | Sep 21, 2023 | 12 | Oct 9, 2023 | 20 |
| -2.11% | Aug 12, 2025 | 5 | Aug 19, 2025 | 11 | Sep 4, 2025 | 16 |
| -2.07% | May 24, 2024 | 6 | Jun 4, 2024 | 4 | Jun 10, 2024 | 10 |
| -1.96% | Feb 15, 2024 | 3 | Feb 21, 2024 | 1 | Feb 22, 2024 | 4 |
| -1.90% | Mar 7, 2024 | 2 | Mar 11, 2024 | 2 | Mar 13, 2024 | 4 |
| -1.89% | Nov 14, 2023 | 15 | Dec 6, 2023 | 4 | Dec 12, 2023 | 19 |
| -1.74% | May 14, 2026 | 3 | May 19, 2026 | 4 | May 26, 2026 | 7 |
| -1.74% | Dec 19, 2023 | 8 | Jan 2, 2024 | 6 | Jan 10, 2024 | 14 |
| -1.66% | Oct 17, 2024 | 6 | Oct 25, 2024 | 7 | Nov 5, 2024 | 13 |
| -1.64% | Feb 6, 2026 | 2 | Feb 10, 2026 | 7 | Feb 20, 2026 | 9 |