EQL vs CLSE
Comparison between ALPS EQUAL SECTOR WEIGHT ETF (EQL, ETF) and CONVERGENCE LONG/SHORT EQUITY ETF (CLSE, ETF).
EQL vs CLSE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
EQL
$733M
Winner
CLSE
$733M
Expense Ratio
Winner
EQL
0.19%
CLSE
1.52%
Max Drawdown
EQL
36.36%
Winner
CLSE
16.55%
Sharpe Ratio
EQL
1.28
Winner
CLSE
2.58
5Y Beta
EQL
0.69
Winner
CLSE
0.64
P/E Ratio
EQL
27.81
CLSE
N/A
Forward P/E
EQL
20.95
CLSE
N/A
5Y Dividends CAGR
EQL
8.44%
CLSE
N/A
5Y EPS CAGR
EQL
18.51%
CLSE
N/A
Debt to Equity
EQL
42.29%
CLSE
N/A
P/S Ratio
EQL
2.73
CLSE
N/A
P/B Ratio
EQL
4.03
CLSE
N/A
EQL vs CLSE - Holdings Comparison
EQL and CLSE have 150 common holdings. Overlap is -11.72%
EQL's top 25 holdings weight is 37.33%. CLSE's top 25 holdings weight is 81.18%.
| Rank | EQL | CLSE |
|---|---|---|
| #1 | ALPHABET INC CLASS A (GOOGL) - 5.40% | OTHER ASSETS AND LIABILITIES (n/a) - 41.06% |
| #2 | AMAZON.COM INC (AMZN) - 3.64% | NVIDIA CORP (NVDA) - 5.37% |
| #3 | EXXONMOBIL HOLDINGS CORP (XOM) - 2.54% | LAM RESEARCH CORP (LRCX) - 2.91% |
| #4 | META PLATFORMS INC CLASS A (META) - 2.00% | AMAZON.COM INC (AMZN) - 2.47% |
| #5 | LINDE PLC (LIN) - 1.88% | ALPHABET INC CLASS A (GOOGL) - 2.46% |
| #6 | NVIDIA CORP (NVDA) - 1.84% | ALPHABET INC CLASS C (GOOG) - 2.46% |
| #7 | APPLE INC (AAPL) - 1.80% | META PLATFORMS INC CLASS A (META) - 2.25% |
| #8 | TESLA INC (TSLA) - 1.68% | MICRON TECHNOLOGY INC (MU) - 2.16% |
| #9 | ELI LILLY AND CO (LLY) - 1.53% | ADVANCED MICRO DEVICES INC (AMD) - 1.87% |
| #10 | CHEVRON CORP (CVX) - 1.53% | BROADCOM INC (AVGO) - 1.80% |
| #11 | WALMART INC (WMT) - 1.49% | n/a (DELL) - 1.73% |
| #12 | WELLTOWER INC (WELL) - 1.31% | CISCO SYSTEMS INC (CSCO) - 1.52% |
| #13 | COSTCO WHOLESALE CORP (COST) - 1.23% | SANDISK CORP ORDINARY SHARES (SNDK) - 1.47% |
| #14 | NEXTERA ENERGY INC (NEE) - 1.21% | ARISTA NETWORKS INC (ANET) - 1.43% |
| #15 | MICROSOFT CORP (MSFT) - 1.08% | FORTINET INC (FTNT) - 1.31% |
| #16 | COCA-COLA CO (KO) - 1.07% | ADOBE INC (ADBE) - 1.20% |
| #17 | JPMORGAN CHASE & CO (JPM) - 1.07% | VERISIGN INC (VRSN) - 1.15% |
| #18 | PROLOGIS INC (PLD) - 1.06% | ROKU INC CLASS A (ROKU) - 1.14% |
| #19 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.05% | MACY'S INC (M) - 1.07% |
| #20 | PROCTER & GAMBLE CO (PG) - 1.04% | STATE STREET CORP (STT) - 1.04% |
| #21 | PPG INDUSTRIES INC (PPG) - 0.40% | ZIONS BANCORP NA (ZION) - 0.67% |
| #22 | MONSTER BEVERAGE CORP (MNST) - 0.40% | PNC FINANCIAL SERVICES GROUP INC (PNC) - 0.67% |
| #23 | VENTAS INC (VTR) - 0.36% | VIRTU FINANCIAL INC CLASS A (VIRT) - 0.66% |
| #24 | ALTRIA GROUP INC (MO) - 0.36% | CENTENE CORP (CNC) - 0.66% |
| #25 | BLACKROCK INC (BLK) - 0.36% | CVS HEALTH CORP (CVS) - 0.65% |
| Total Holdings | 447 | 325 |
EQL vs CLSE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
EQL
+1.37%
CLSE
-0.87%
3M
EQL
+3.26%
Winner
CLSE
+11.49%
6M
EQL
+7.05%
Winner
CLSE
+23.15%
1Y
EQL
+16.58%
Winner
CLSE
+46.78%
5Y(CAGR)
EQL
+10.77%
Winner
CLSE
+21.09%
10Y(CAGR)
EQL
+12.30%
CLSE
N/A
Max(CAGR)
EQL
+13.60%
Winner
CLSE
+21.09%
EQL vs CLSE - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | EQL | CLSE |
|---|---|---|
| 2026 | +9.66% | +23.82% |
| 2025 | +13.32% | +19.81% |
| 2024 | +16.33% | +36.85% |
| 2023 | +17.25% | +17.91% |
| 2022 | -10.83% | -3.03% |
| 2021 | +31.31% | N/A |
| 2020 | +10.55% | N/A |
| 2019 | +27.93% | N/A |
| 2018 | -6.48% | N/A |
| 2017 | +17.71% | N/A |
| 2016 | +14.59% | N/A |
| 2015 | -1.15% | N/A |
| 2014 | +14.14% | N/A |
| 2013 | +27.40% | N/A |
| 2012 | +12.86% | N/A |
| 2011 | +1.53% | N/A |
| 2010 | +13.63% | N/A |
| 2009 | +28.94% | N/A |
EQL vs CLSE Drawdown Comparison
The maximum drawdown for EQL was -35.65%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.
The maximum drawdown for CLSE was -16.45%, occurring on Apr 4, 2025. Recovery took 130 trading sessions.
The current EQL drawdown is -0.64%. The current CLSE drawdown is -0.87%.
| Rank | EQL | CLSE |
|---|---|---|
| #1 | -35.65% Feb 19, 2020 - Sep 2, 2020 | -16.45% Jan 23, 2025 - Jul 31, 2025 |
| #2 | -19.23% Mar 29, 2022 - Jul 25, 2023 | -14.28% Apr 20, 2022 - Jul 17, 2023 |
| #3 | -18.66% Jul 7, 2011 - Feb 7, 2012 | -7.41% Jul 10, 2024 - Sep 19, 2024 |
| #4 | -17.43% Sep 21, 2018 - Apr 2, 2019 | -4.85% Feb 25, 2026 - Apr 7, 2026 |
| #5 | -15.34% Apr 23, 2010 - Nov 4, 2010 | -4.78% Oct 11, 2023 - Nov 9, 2023 |
| #6 | -15.08% Nov 29, 2024 - Jun 30, 2025 | -4.66% Apr 5, 2024 - May 8, 2024 |
| #7 | -13.01% May 21, 2015 - Apr 19, 2016 | -4.40% Nov 10, 2025 - Nov 28, 2025 |
| #8 | -10.32% Jul 31, 2023 - Dec 13, 2023 | -4.22% Dec 6, 2024 - Jan 21, 2025 |
| #9 | -9.49% Jan 26, 2018 - Aug 20, 2018 | -3.66% Mar 25, 2022 - Apr 20, 2022 |
| #10 | -9.02% Apr 2, 2012 - Aug 8, 2012 | -3.56% Mar 3, 2022 - Mar 15, 2022 |
| #11 | -8.66% Jan 4, 2022 - Mar 29, 2022 | -3.45% Jun 15, 2026 - Jul 2, 2026 |
| #12 | -8.32% Jan 19, 2010 - Mar 16, 2010 | -3.36% Jul 18, 2023 - Aug 31, 2023 |
| #13 | -8.22% Sep 2, 2020 - Nov 9, 2020 | -3.21% Sep 19, 2025 - Oct 24, 2025 |
| #14 | -6.99% Oct 18, 2012 - Jan 2, 2013 | -3.14% Jun 3, 2026 - Jun 15, 2026 |
| #15 | -6.90% Sep 19, 2014 - Oct 31, 2014 | -2.62% Feb 2, 2026 - Feb 6, 2026 |
Correlation
Correlation between EQL and CLSE is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (2009 - 2026)
EQL vs CLSE dividend yield comparison.
| Year | EQL | CLSE |
|---|---|---|
| 2026 | 0.49% | 0.00% |
| 2025 | 1.73% | 0.95% |
| 2024 | 1.78% | 0.93% |
| 2023 | 1.96% | 1.21% |
| 2022 | 2.14% | 0.85% |
| 2021 | 1.69% | 0.00% |
| 2020 | 2.29% | 0.00% |
| 2019 | 1.95% | 0.00% |
| 2018 | 2.39% | 0.00% |
| 2017 | 1.97% | 0.00% |
| 2016 | 2.89% | 0.00% |
| 2015 | 2.07% | 0.00% |
| 2014 | 1.68% | 0.00% |
| 2013 | 1.55% | 0.00% |
| 2012 | 2.09% | 0.00% |
| 2011 | 1.87% | 0.00% |
| 2010 | 1.72% | 0.00% |
| 2009 | 1.00% | 0.00% |
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