PSEP vs CLSE
Comparison between Innovator U.S. Equity Power Buffer ETF - September (PSEP, ETF) and CONVERGENCE LONG/SHORT EQUITY ETF (CLSE, ETF).
PSEP vs CLSE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PSEP
$843M
CLSE
$842M
Expense Ratio
Winner
PSEP
0.79%
CLSE
1.52%
Max Drawdown
PSEP
17.90%
Winner
CLSE
16.55%
Sharpe Ratio
PSEP
1.29
Winner
CLSE
2.15
5Y Beta
Winner
PSEP
0.47
CLSE
0.63
PSEP vs CLSE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PSEP
+0.99%
CLSE
-2.55%
3M
Winner
PSEP
+2.46%
CLSE
+0.88%
6M
PSEP
+6.15%
Winner
CLSE
+15.68%
1Y
PSEP
+11.55%
Winner
CLSE
+38.05%
5Y(CAGR)
PSEP
+9.53%
Winner
CLSE
+19.96%
Max(CAGR)
PSEP
+9.65%
Winner
CLSE
+19.96%
PSEP vs CLSE - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | PSEP | CLSE |
|---|---|---|
| 2026 | +6.88% | +20.67% |
| 2025 | +11.98% | +19.81% |
| 2024 | +12.80% | +36.85% |
| 2023 | +19.21% | +17.91% |
| 2022 | -4.00% | -3.03% |
| 2021 | +9.71% | N/A |
| 2020 | +8.14% | N/A |
| 2019 | +4.62% | N/A |
PSEP vs CLSE Drawdown Comparison
The maximum drawdown for PSEP was -17.90%, occurring on Mar 23, 2020. Recovery took 101 trading sessions.
The maximum drawdown for CLSE was -16.45%, occurring on Apr 4, 2025. Recovery took 130 trading sessions.
The current CLSE drawdown is -3.40%.
| Rank | PSEP | CLSE |
|---|---|---|
| #1 | -17.90% Feb 19, 2020 - Jul 14, 2020 | -16.45% Jan 23, 2025 - Jul 31, 2025 |
| #2 | -9.92% Feb 19, 2025 - Jun 6, 2025 | -14.28% Apr 20, 2022 - Jul 17, 2023 |
| #3 | -9.80% Jan 4, 2022 - Jan 31, 2023 | -7.41% Jul 10, 2024 - Sep 19, 2024 |
| #4 | -5.45% Jul 31, 2023 - Nov 17, 2023 | -4.85% Feb 25, 2026 - Apr 7, 2026 |
| #5 | -4.63% Sep 2, 2020 - Nov 5, 2020 | -4.78% Oct 11, 2023 - Nov 9, 2023 |
| #6 | -4.41% Feb 2, 2023 - Apr 13, 2023 | -4.66% Apr 5, 2024 - May 8, 2024 |
| #7 | -4.08% Feb 25, 2026 - Apr 13, 2026 | -4.40% Nov 10, 2025 - Nov 28, 2025 |
| #8 | -2.45% Sep 3, 2021 - Oct 20, 2021 | -4.22% Dec 6, 2024 - Jan 21, 2025 |
| #9 | -2.28% Jul 31, 2024 - Aug 13, 2024 | -3.66% Mar 25, 2022 - Apr 20, 2022 |
| #10 | -2.13% Aug 30, 2024 - Sep 16, 2024 | -3.60% Jun 15, 2026 - Aug 20, 2026 |
| #11 | -2.12% Oct 27, 2025 - Nov 28, 2025 | -3.56% Mar 3, 2022 - Mar 15, 2022 |
| #12 | -2.12% Nov 16, 2021 - Dec 23, 2021 | -3.36% Jul 18, 2023 - Aug 31, 2023 |
| #13 | -2.03% Mar 28, 2024 - May 6, 2024 | -3.21% Sep 19, 2025 - Oct 24, 2025 |
| #14 | -1.81% Jan 21, 2021 - Feb 8, 2021 | -3.14% Jun 3, 2026 - Jun 15, 2026 |
| #15 | -1.78% May 1, 2023 - May 18, 2023 | -2.62% Feb 2, 2026 - Feb 6, 2026 |
Correlation
Correlation between PSEP and CLSE is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
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