CLSE vs EWX
Comparison between CONVERGENCE LONG/SHORT EQUITY ETF (CLSE, ETF) and STATE STREET(R) SPDR(R) S&P(R) EMERGING MARKETS SMALL CAP ETF (EWX, ETF).
CLSE vs EWX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
CLSE
$733M
EWX
$733M
Expense Ratio
CLSE
1.52%
Winner
EWX
0.65%
Max Drawdown
Winner
CLSE
16.55%
EWX
63.90%
Sharpe Ratio
Winner
CLSE
2.58
EWX
0.53
5Y Beta
Winner
CLSE
0.64
EWX
0.65
5Y Dividends CAGR
CLSE
N/A
EWX
9.05%
CLSE vs EWX - Holdings Comparison
CLSE and EWX have 1 common holdings. Overlap is -1.08%
CLSE's top 25 holdings weight is 81.18%. EWX's top 25 holdings weight is 6.38%.
| Rank | CLSE | EWX |
|---|---|---|
| #1 | OTHER ASSETS AND LIABILITIES (n/a) - 41.06% | n/a (n/a) - 1.21% |
| #2 | NVIDIA CORP (NVDA) - 5.37% | n/a (n/a) - 0.98% |
| #3 | LAM RESEARCH CORP (LRCX) - 2.91% | GULF NAVIGATION HOLDING PJSC (n/a) - 0.23% |
| #4 | AMAZON.COM INC (AMZN) - 2.47% | PAN AFRICAN RESOURCES PLC (PAFRF) - 0.22% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 2.46% | INARI AMERTRON BHD (n/a) - 0.20% |
| #6 | ALPHABET INC CLASS C (GOOG) - 2.46% | REDEFINE PROPERTIES LTD (n/a) - 0.19% |
| #7 | META PLATFORMS INC CLASS A (META) - 2.25% | ADVANCED ECHEM MATERIALS CO LTD (n/a) - 0.19% |
| #8 | MICRON TECHNOLOGY INC (MU) - 2.16% | LINGBAO GOLD GROUP CO LTD CLASS H (n/a) - 0.19% |
| #9 | ADVANCED MICRO DEVICES INC (AMD) - 1.87% | PRECISION TSUGAMI (CHINA) CORP LTD (n/a) - 0.18% |
| #10 | BROADCOM INC (AVGO) - 1.80% | BRAVA ENERGIA SA ORDINARY SHARES (n/a) - 0.18% |
| #11 | n/a (DELL) - 1.73% | ORBIA ADVANCE CORP SAB DE CV (n/a) - 0.18% |
| #12 | CISCO SYSTEMS INC (CSCO) - 1.52% | PIXART IMAGING INC (n/a) - 0.18% |
| #13 | SANDISK CORP ORDINARY SHARES (SNDK) - 1.47% | n/a (n/a) - 0.18% |
| #14 | ARISTA NETWORKS INC (ANET) - 1.43% | PRIMAX ELECTRONICS LTD (n/a) - 0.18% |
| #15 | FORTINET INC (FTNT) - 1.31% | NETCARE LTD (n/a) - 0.18% |
| #16 | ADOBE INC (ADBE) - 1.20% | MOKINGRAN JEWELLERY GROUP CO LTD (n/a) - 0.18% |
| #17 | VERISIGN INC (VRSN) - 1.15% | MOTUS HOLDINGS LTD ORDINARY SHARES (n/a) - 0.18% |
| #18 | ROKU INC CLASS A (ROKU) - 1.14% | CENTURY IRON AND STEEL INDUSTRIAL CO LTD (n/a) - 0.18% |
| #19 | MACY'S INC (M) - 1.07% | NATIONAL INDUSTRIES GROUP HOLDING SAK (n/a) - 0.17% |
| #20 | STATE STREET CORP (STT) - 1.04% | BLACK SESAME INTERNATIONAL HOLDING LTD (n/a) - 0.17% |
| #21 | ZIONS BANCORP NA (ZION) - 0.67% | n/a (n/a) - 0.17% |
| #22 | PNC FINANCIAL SERVICES GROUP INC (PNC) - 0.67% | QISDA CORP (n/a) - 0.17% |
| #23 | VIRTU FINANCIAL INC CLASS A (VIRT) - 0.66% | WINWAY TECHNOLOGY CO LTD ORDINARY SHARES (n/a) - 0.17% |
| #24 | CENTENE CORP (CNC) - 0.66% | BIT DIGITAL INC ORDINARY SHARES (BTBT) - 0.16% |
| #25 | CVS HEALTH CORP (CVS) - 0.65% | n/a (n/a) - 0.16% |
| Total Holdings | 325 | 2744 |
CLSE vs EWX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CLSE
-0.87%
EWX
-9.42%
3M
Winner
CLSE
+11.49%
EWX
-4.13%
6M
Winner
CLSE
+23.15%
EWX
+2.99%
1Y
Winner
CLSE
+46.78%
EWX
+11.25%
5Y(CAGR)
Winner
CLSE
+21.09%
EWX
+5.58%
10Y(CAGR)
CLSE
N/A
EWX
+8.38%
Max(CAGR)
Winner
CLSE
+21.09%
EWX
+4.22%
CLSE vs EWX - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | CLSE | EWX |
|---|---|---|
| 2026 | +23.82% | +5.18% |
| 2025 | +19.81% | +16.17% |
| 2024 | +36.85% | +7.64% |
| 2023 | +17.91% | +17.12% |
| 2022 | -3.03% | -15.32% |
| 2021 | N/A | +16.66% |
| 2020 | N/A | +13.04% |
| 2019 | N/A | +14.58% |
| 2018 | N/A | -19.74% |
| 2017 | N/A | +32.53% |
| 2016 | N/A | +10.04% |
| 2015 | N/A | -11.76% |
| 2014 | N/A | +0.87% |
| 2013 | N/A | +0.15% |
| 2012 | N/A | +23.85% |
| 2011 | N/A | -30.79% |
| 2010 | N/A | +19.60% |
| 2009 | N/A | +92.49% |
| 2008 | N/A | -53.20% |
CLSE vs EWX Drawdown Comparison
The maximum drawdown for CLSE was -16.45%, occurring on Apr 4, 2025. Recovery took 130 trading sessions.
The maximum drawdown for EWX was -63.90%, occurring on Nov 20, 2008. Recovery took 583 trading sessions.
The current CLSE drawdown is -0.87%. The current EWX drawdown is -9.42%.
| Rank | CLSE | EWX |
|---|---|---|
| #1 | -16.45% Jan 23, 2025 - Jul 31, 2025 | -63.90% May 19, 2008 - Sep 13, 2010 |
| #2 | -14.28% Apr 20, 2022 - Jul 17, 2023 | -42.99% Jan 26, 2018 - Dec 28, 2020 |
| #3 | -7.41% Jul 10, 2024 - Sep 19, 2024 | -34.12% Jan 5, 2011 - Sep 5, 2014 |
| #4 | -4.85% Feb 25, 2026 - Apr 7, 2026 | -31.87% Sep 5, 2014 - Jul 14, 2017 |
| #5 | -4.78% Oct 11, 2023 - Nov 9, 2023 | -24.67% Jul 12, 2021 - Apr 9, 2024 |
| #6 | -4.66% Apr 5, 2024 - May 8, 2024 | -21.36% Oct 7, 2024 - Jul 3, 2025 |
| #7 | -4.40% Nov 10, 2025 - Nov 28, 2025 | -10.68% Jun 22, 2026 - Jul 20, 2026 |
| #8 | -4.22% Dec 6, 2024 - Jan 21, 2025 | -9.20% Jul 12, 2024 - Sep 24, 2024 |
| #9 | -3.66% Mar 25, 2022 - Apr 20, 2022 | -7.98% Feb 25, 2026 - Apr 13, 2026 |
| #10 | -3.56% Mar 3, 2022 - Mar 15, 2022 | -6.48% Nov 4, 2010 - Jan 3, 2011 |
| #11 | -3.45% Jun 15, 2026 - Jul 2, 2026 | -5.86% May 26, 2026 - Jun 18, 2026 |
| #12 | -3.36% Jul 18, 2023 - Aug 31, 2023 | -5.85% Apr 28, 2021 - May 28, 2021 |
| #13 | -3.21% Sep 19, 2025 - Oct 24, 2025 | -4.99% Sep 17, 2025 - Jan 9, 2026 |
| #14 | -3.14% Jun 3, 2026 - Jun 15, 2026 | -4.85% Apr 9, 2024 - May 2, 2024 |
| #15 | -2.62% Feb 2, 2026 - Feb 6, 2026 | -4.38% May 11, 2026 - May 26, 2026 |
Correlation
Correlation between CLSE and EWX is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2008 - 2026)
CLSE vs EWX dividend yield comparison.
| Year | CLSE | EWX |
|---|---|---|
| 2026 | 0.00% | 0.83% |
| 2025 | 0.95% | 2.91% |
| 2024 | 0.93% | 2.90% |
| 2023 | 1.21% | 2.32% |
| 2022 | 0.85% | 3.00% |
| 2021 | 0.00% | 2.77% |
| 2020 | 0.00% | 2.24% |
| 2019 | 0.00% | 2.73% |
| 2018 | 0.00% | 3.26% |
| 2017 | 0.00% | 2.30% |
| 2016 | 0.00% | 2.46% |
| 2015 | 0.00% | 3.04% |
| 2014 | 0.00% | 2.74% |
| 2013 | 0.00% | 2.33% |
| 2012 | 0.00% | 2.27% |
| 2011 | 0.00% | 5.58% |
| 2010 | 0.00% | 3.03% |
| 2009 | 0.00% | 1.79% |
| 2008 | 0.00% | 0.85% |
Select Stocks to Compare
Popular: CLSE vs SPYEWX vs SPY
More Comparisons
Compare with similar stocks