CLSE vs FLRT

Comparison between CONVERGENCE LONG/SHORT EQUITY ETF (CLSE, ETF) and PACER ARISTOTLE PACIFIC FLOATING RATE HIGH INCOME ETF (FLRT, ETF).

CLSE vs FLRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CLSE(ETF)	FLRT(ETF)
Net Assets	$614M	$615M
Expense Ratio	1.52%	0.60%
Max Drawdown	16.55%	25.83%
Sharpe Ratio	2.85	1.25
5Y Beta	0.65	0.08
P/E Ratio	17.02	N/A
Forward P/E	16.77	N/A
5Y Dividends CAGR	N/A	16.80%
5Y EPS CAGR	34.38%	N/A
Debt to Equity	6.82%	N/A
P/S Ratio	1.17	N/A
P/B Ratio	5.05	N/A

Net Assets

CLSE

$614M

Winner

FLRT

$615M

Expense Ratio

CLSE

1.52%

Winner

FLRT

0.60%

Max Drawdown

Winner

CLSE

16.55%

FLRT

25.83%

Sharpe Ratio

Winner

CLSE

2.85

FLRT

1.25

5Y Beta

CLSE

0.65

Winner

FLRT

0.08

P/E Ratio

CLSE

17.02

FLRT

N/A

Forward P/E

CLSE

16.77

FLRT

N/A

5Y Dividends CAGR

CLSE

N/A

FLRT

16.80%

5Y EPS CAGR

CLSE

34.38%

FLRT

N/A

Debt to Equity

CLSE

6.82%

FLRT

N/A

P/S Ratio

CLSE

1.17

FLRT

N/A

P/B Ratio

CLSE

5.05

FLRT

N/A

CLSE vs FLRT - Historical Returns

Returns include dividend reinvestment.

Period	CLSE	FLRT
1 month	+4.01%	+0.36%
3 months	+22.70%	+2.68%
6 months	+26.89%	+2.22%
1 year	+50.84%	+5.83%
5 years(CAGR)	+21.71%	+5.96%
10 years(CAGR)	N/A	+4.92%
Max(CAGR)	+21.71%	+4.48%

Winner

CLSE

+4.01%

FLRT

+0.36%

Winner

CLSE

+22.70%

FLRT

+2.68%

Winner

CLSE

+26.89%

FLRT

+2.22%

Winner

CLSE

+50.84%

FLRT

+5.83%

5Y(CAGR)

Winner

CLSE

+21.71%

FLRT

+5.96%

10Y(CAGR)

CLSE

N/A

FLRT

+4.92%

Max(CAGR)

Winner

CLSE

+21.71%

FLRT

+4.48%

CLSE vs FLRT - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	CLSE	FLRT
2026	+24.04%	+1.74%
2025	+19.81%	+6.21%
2024	+36.85%	+9.20%
2023	+17.91%	+14.46%
2022	-3.03%	-2.73%
2021	N/A	+3.19%
2020	N/A	+2.59%
2019	N/A	+9.49%
2018	N/A	-0.90%
2017	N/A	+1.71%
2016	N/A	+9.89%
2015	N/A	-2.73%

CLSE vs FLRT Drawdown Comparison

The maximum drawdown for CLSE was -16.45%, occurring on Apr 4, 2025. Recovery took 130 trading sessions.

The maximum drawdown for FLRT was -20.96%, occurring on Mar 24, 2020. Recovery took 205 trading sessions.

The current CLSE drawdown is -0.47%. The current FLRT drawdown is -0.15%.

Rank	CLSE	FLRT
#1	-16.45% Jan 23, 2025 - Jul 31, 2025	-20.96% Jan 21, 2020 - Nov 10, 2020
#2	-14.28% Apr 20, 2022 - Jul 17, 2023	-7.60% Jan 20, 2022 - Feb 1, 2023
#3	-7.41% Jul 10, 2024 - Sep 19, 2024	-6.60% Jan 19, 2017 - Aug 15, 2018
#4	-4.85% Feb 25, 2026 - Apr 7, 2026	-4.88% Aug 27, 2018 - Mar 5, 2019
#5	-4.78% Oct 11, 2023 - Nov 9, 2023	-4.41% Nov 25, 2016 - Dec 13, 2016
#6	-4.66% Apr 5, 2024 - May 8, 2024	-4.18% May 27, 2015 - Apr 25, 2016
#7	-4.40% Nov 10, 2025 - Nov 28, 2025	-3.67% Dec 13, 2016 - Jan 19, 2017
#8	-4.22% Dec 6, 2024 - Jan 21, 2025	-2.87% Feb 28, 2025 - May 13, 2025
#9	-3.66% Mar 25, 2022 - Apr 20, 2022	-2.39% Aug 15, 2018 - Aug 27, 2018
#10	-3.56% Mar 3, 2022 - Mar 15, 2022	-2.39% Oct 7, 2016 - Nov 11, 2016
#11	-3.36% Jul 18, 2023 - Aug 31, 2023	-2.19% Nov 11, 2016 - Nov 25, 2016
#12	-3.21% Sep 19, 2025 - Oct 24, 2025	-1.78% Jan 16, 2026 - Apr 24, 2026
#13	-3.14% Jun 3, 2026 - Jun 10, 2026	-1.65% Jun 8, 2016 - Jul 14, 2016
#14	-2.62% Feb 2, 2026 - Feb 6, 2026	-1.61% Feb 9, 2023 - Apr 4, 2023
#15	-2.62% Nov 12, 2024 - Dec 6, 2024	-1.59% May 14, 2015 - May 21, 2015

Correlation

Correlation between CLSE and FLRT is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2015 - 2026)

CLSE vs FLRT dividend yield comparison.

Year	CLSE	FLRT
2026	0.00%	2.35%
2025	0.95%	6.93%
2024	0.93%	7.93%
2023	1.21%	8.40%
2022	0.85%	5.81%
2021	0.00%	3.16%
2020	0.00%	3.52%
2019	0.00%	4.30%
2018	0.00%	3.95%
2017	0.00%	3.20%
2016	0.00%	3.38%
2015	0.00%	3.21%