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See exactly how CLSE's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for CLSE and 80,000+ other tickers.
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.
New AdvizorPro data shows RIAs broadened their ETF lineups in Q1 2026, leaning into real assets, active managers, and defense strategies.
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.
The Convergence Long/Short Equity ETF is an actively managed vehicle that "seeks alpha from a net long portfolio." CLSE has outperformed the S&P 500 index since my November article. Since the beginning of 2026, it has outmaneuvered IVV and IWV as it has excellently positioned itself for capital rotation. Moreover, since conversion into an ETF, CLSE has beaten IWV by about 28.5%.
The Convergence Long/Short Equity ETF has illustrated an ability to generate beta-reduced alpha via a quantametal approach. An equity market portfolio could deliver additional gains in 2026 due to macro factors. However, AI bubble narrative and valuations add to crash risk. CLSE ETF can maintain market exposure while softening crash risk via its long-bias long/short strategy.
The Convergence Long/Short Equity ETF is a nontraditional equity ETF that "seeks to provide a greater return potential than traditional approaches while reducing risk." CLSE has outperformed the S&P 500 index since my June article, when I rated it a Buy. Since the beginning of the year, it has beaten IVV and IWV. Over March 2022–October 2025, CLSE delivered a 1.27x higher annualized return than IWV and captured just 43.7% of its downside.