CLSE vs CTEF
Convergence Long/Short Equity ETF against Castellan Targeted Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
20%
14 shared positions
Fee gap
107 bp
CTEF is cheaper
1-year return gap
3.5 pts
CTEF is ahead
Larger fund
CLSE
$614M
Side by side
| CLSE | CTEF | |
|---|---|---|
| Fund | Convergence Long/Short Equity ETF | Castellan Targeted Equity ETF |
| Issuer | Convergence | Castellan |
| Category | Long/Short & Market Neutral | Large Cap Blend |
| Expense ratio | 1.52% | 0.45% |
| Assets | $614M | $610M |
| Average daily dollar volume | $15M | $487K |
| Listed | Dec 29, 2009 | Jun 17, 2025 |
| FrenzyCap score | 57 | 43 |
| 1-month return | −0.4% | +0.2% |
| 3-month return | −0.2% | −3.7% |
| Year to date | +24.4% | +29.2% |
| 1-year return | +31.0% | +34.5% |
| 30-day volatility | 7.4% | 16.4% |
| Worst drawdown, 1 year | −4.9% | −15.0% |
| Trailing 12-month yield | 0.77% | 0.06% |
| Holdings | 345 | 46 |
| Top 10 weight | 29.7% | 52.6% |
| Look-through P/E | 21.0 | 16.2 |
| Holdings vs fair value | +14.9% | +22.3% |
| Holdings above 200-day average | 60% | 69% |
| Net flow, latest 3 reported months | +$198M thru May 2026 | +$12M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 14, 2026third-party data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
20% of CLSE · 61% of CTEF
Sector mix of the stock holdings
| Sector | CLSE | CTEF | Gap |
|---|---|---|---|
| Technology | 48.8% | 32.2% | +16.6% |
| Financials | 12.2% | 28.9% | −16.6% |
| Industrials | 12.5% | 18.0% | −5.4% |
| Health Care | 9.5% | 9.0% | +0.4% |
| Consumer Discretionary | 10.1% | 3.4% | +6.8% |
| Materials | 3.8% | 6.3% | −2.4% |
| Energy | 3.8% | 0.0% | +3.8% |
| Utilities | 2.8% | 0.0% | +2.8% |
| Consumer Staples | 2.8% | 0.0% | +2.8% |
| Real Estate | 2.5% | 0.0% | +2.5% |
| Communication Services | 2.4% | 0.0% | +2.4% |
More: full overlap table · CLSE holdings · CTEF holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.