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