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Convergence Long/Short Equity ETF (CLSE)

Long-Short Equity | Exchange Traded Fund | Cboe US
30.62 USD +0.22 (0.708%) ⇧ (April 17, 2026, 3:38 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 2:59 p.m. EDT

CLSE has shown a recent upward trend in price, with a close near its 52-week high. The recent price history indicates a potential momentum wave, which could present a buying opportunity for short-term traders. However, the relatively low volume and recent volatility suggest caution. The dividend yield is decent, with a consistent payout over the past five years, making it a solid option for dividend-focused investors. The forecasting model shows a positive direction but with low confidence, so it's advisable to monitor closely before making any investment decisions.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.015819
MSTL0.022550
AutoETS0.022944
AutoARIMA0.023181

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 28%
H-stat 20.55
Ljung-Box p 0.000
Jarque-Bera p 0.018
Excess Kurtosis 0.76
Attribute Value
Trailing P/E 22.43

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.96% 0.96% 1.03%
Dividend History
Date Dividend Yield %
2025-12-15 0.260 0.961894
2024-12-16 0.212 0.896709
2023-12-15 0.206 1.238857
2022-12-15 0.125 0.871948
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.93

Info Dump

Attribute Value
All Time High 30.459
All Time Low 13.19
Ask 30.62
Ask Size 100
Average Daily Volume10 Day 259,440
Average Daily Volume3 Month 128,819
Average Volume 128,819
Average Volume10Days 259,440
Beta3 Year 0.64
Bid 30.58
Bid Size 700
Category Long-Short Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 30.6899
Day Low 30.36
Dividend Yield 0.93
Eps Trailing Twelve Months 1.36479
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 28.53516
Fifty Day Average Change 2.0798397
Fifty Day Average Change Percent 0.072886914
Fifty Two Week Change Percent 46.78899
Fifty Two Week High 30.6899
Fifty Two Week High Change -0.07489967
Fifty Two Week High Change Percent -0.0024405317
Fifty Two Week Low 20.56
Fifty Two Week Low Change 10.055
Fifty Two Week Low Change Percent 0.48905644
Fifty Two Week Range 20.56 - 30.6899
First Trade Date Milliseconds 1,645,540,200,000
Five Year Average Return 0.1728305
Full Exchange Name Cboe US
Fund Family Convergence
Fund Inception Date 1,262,044,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.
Long Name Convergence Long/Short Equity ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_83716209
Nav Price 30.3358
Net Assets 363,010,816.0
Net Expense Ratio 1.52
Open 30.61
Previous Close 30.4
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.21500015
Regular Market Change Percent 0.70781946
Regular Market Day High 30.6899
Regular Market Day Low 30.36
Regular Market Day Range 30.36 - 30.6899
Regular Market Open 30.61
Regular Market Previous Close 30.4
Regular Market Price 30.615
Regular Market Time 1,776,454,725
Regular Market Volume 252,303
Short Name Convergence Long/Short Equity E
Source Interval 15
Symbol CLSE
Three Year Average Return 0.27314672
Total Assets 363,010,816
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 22.432022
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.8258
Trailing Three Month Returns 2.8258
Triggerable 1
Two Hundred Day Average 26.594246
Two Hundred Day Average Change 4.020754
Two Hundred Day Average Change Percent 0.15118887
Type Disp ETF
Volume 252,303
Yield 0.0093
Ytd Return 2.8258