RAA vs CLSE
Comparison between SMI 3FOURTEEN REAL ASSET ALLOCATION ETF (RAA, ETF) and CONVERGENCE LONG/SHORT EQUITY ETF (CLSE, ETF).
RAA vs CLSE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
RAA
$613M
Winner
CLSE
$614M
Expense Ratio
Winner
RAA
0.90%
CLSE
1.52%
Max Drawdown
Winner
RAA
11.80%
CLSE
16.55%
Sharpe Ratio
RAA
1.60
Winner
CLSE
2.85
5Y Beta
RAA
0.65
Winner
CLSE
0.65
P/E Ratio
RAA
N/A
CLSE
17.02
Forward P/E
RAA
N/A
CLSE
16.77
5Y EPS CAGR
RAA
N/A
CLSE
34.38%
Debt to Equity
RAA
N/A
CLSE
6.82%
P/S Ratio
RAA
N/A
CLSE
1.17
P/B Ratio
RAA
N/A
CLSE
5.05
RAA vs CLSE - Historical Returns
Returns include dividend reinvestment.
1M
RAA
-1.06%
Winner
CLSE
+4.01%
3M
RAA
+6.79%
Winner
CLSE
+22.70%
6M
RAA
+9.41%
Winner
CLSE
+26.89%
1Y
RAA
+20.78%
Winner
CLSE
+50.84%
5Y(CAGR)
RAA
N/A
CLSE
+21.71%
Max(CAGR)
RAA
+16.75%
Winner
CLSE
+21.71%
RAA vs CLSE - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | RAA | CLSE |
|---|---|---|
| 2026 | +8.74% | +24.04% |
| 2025 | +12.12% | +19.81% |
| 2024 | N/A | +36.85% |
| 2023 | N/A | +17.91% |
| 2022 | N/A | -3.03% |
RAA vs CLSE Drawdown Comparison
The maximum drawdown for RAA was -11.80%, occurring on Apr 8, 2025. Recovery took 68 trading sessions.
The maximum drawdown for CLSE was -16.45%, occurring on Apr 4, 2025. Recovery took 130 trading sessions.
The current RAA drawdown is -2.32%. The current CLSE drawdown is -0.47%.
| Rank | RAA | CLSE |
|---|---|---|
| #1 | -11.80% Feb 26, 2025 - Jun 4, 2025 | -16.45% Jan 23, 2025 - Jul 31, 2025 |
| #2 | -5.91% Feb 25, 2026 - Apr 15, 2026 | -14.28% Apr 20, 2022 - Jul 17, 2023 |
| #3 | -3.99% Oct 28, 2025 - Dec 10, 2025 | -7.41% Jul 10, 2024 - Sep 19, 2024 |
| #4 | -3.90% Jun 2, 2026 - Jun 10, 2026 | -4.85% Feb 25, 2026 - Apr 7, 2026 |
| #5 | -3.71% Jan 28, 2026 - Feb 25, 2026 | -4.78% Oct 11, 2023 - Nov 9, 2023 |
| #6 | -2.31% Oct 8, 2025 - Oct 20, 2025 | -4.66% Apr 5, 2024 - May 8, 2024 |
| #7 | -2.18% May 14, 2026 - May 28, 2026 | -4.40% Nov 10, 2025 - Nov 28, 2025 |
| #8 | -1.82% Dec 11, 2025 - Dec 23, 2025 | -4.22% Dec 6, 2024 - Jan 21, 2025 |
| #9 | -1.71% Aug 13, 2025 - Sep 5, 2025 | -3.66% Mar 25, 2022 - Apr 20, 2022 |
| #10 | -1.46% Jul 29, 2025 - Aug 7, 2025 | -3.56% Mar 3, 2022 - Mar 15, 2022 |
| #11 | -1.29% Oct 20, 2025 - Oct 27, 2025 | -3.36% Jul 18, 2023 - Aug 31, 2023 |
| #12 | -1.21% Jan 12, 2026 - Jan 22, 2026 | -3.21% Sep 19, 2025 - Oct 24, 2025 |
| #13 | -1.02% Dec 26, 2025 - Jan 5, 2026 | -3.14% Jun 3, 2026 - Jun 10, 2026 |
| #14 | -0.82% Sep 22, 2025 - Sep 30, 2025 | -2.62% Feb 2, 2026 - Feb 6, 2026 |
| #15 | -0.63% Apr 17, 2026 - Apr 22, 2026 | -2.62% Nov 12, 2024 - Dec 6, 2024 |
Correlation
Correlation between RAA and CLSE is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (2022 - 2026)
RAA vs CLSE dividend yield comparison.
| Year | RAA | CLSE |
|---|---|---|
| 2026 | 0.18% | 0.00% |
| 2025 | 2.14% | 0.95% |
| 2024 | 0.00% | 0.93% |
| 2023 | 0.00% | 1.21% |
| 2022 | 0.00% | 0.85% |
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