FLRT vs CLSE

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

FLRT vs CLSE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

FLRT

$615M

CLSE

$614M

Expense Ratio

Winner

FLRT

0.60%

CLSE

1.52%

Max Drawdown

FLRT

25.83%

Winner

CLSE

16.55%

Sharpe Ratio

FLRT

1.25

Winner

CLSE

2.85

5Y Beta

Winner

FLRT

0.08

CLSE

0.65

P/E Ratio

FLRT

N/A

CLSE

17.02

Forward P/E

FLRT

N/A

CLSE

16.77

5Y Dividends CAGR

FLRT

16.80%

CLSE

N/A

5Y EPS CAGR

FLRT

N/A

CLSE

34.38%

Debt to Equity

FLRT

N/A

CLSE

6.82%

P/S Ratio

FLRT

N/A

CLSE

1.17

P/B Ratio

FLRT

N/A

CLSE

5.05

FLRT vs CLSE - Historical Returns

Returns include dividend reinvestment.

Period	FLRT	CLSE
1 month	+0.23%	+4.46%
3 months	+2.63%	+22.82%
6 months	+2.17%	+27.45%
1 year	+5.78%	+51.49%
5 years(CAGR)	+5.94%	+21.87%
10 years(CAGR)	+4.84%	N/A
Max(CAGR)	+4.48%	+21.87%

FLRT

+0.23%

Winner

CLSE

+4.46%

FLRT

+2.63%

Winner

CLSE

+22.82%

FLRT

+2.17%

Winner

CLSE

+27.45%

FLRT

+5.78%

Winner

CLSE

+51.49%

5Y(CAGR)

FLRT

+5.94%

Winner

CLSE

+21.87%

10Y(CAGR)

FLRT

+4.84%

CLSE

N/A

Max(CAGR)

FLRT

+4.48%

Winner

CLSE

+21.87%

FLRT vs CLSE - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	FLRT	CLSE
2026	+1.71%	+24.91%
2025	+6.21%	+19.81%
2024	+9.20%	+36.85%
2023	+14.46%	+17.91%
2022	-2.73%	-3.03%
2021	+3.19%	N/A
2020	+2.59%	N/A
2019	+9.49%	N/A
2018	-0.90%	N/A
2017	+1.71%	N/A
2016	+9.89%	N/A
2015	-2.73%	N/A

FLRT vs CLSE Drawdown Comparison

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

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

The current FLRT drawdown is -0.17%.

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

Correlation

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

0.94

-101

Dividend Comparison (2015 - 2026)

FLRT vs CLSE dividend yield comparison.

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