CLSE vs VTI
Convergence Long/Short Equity ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, CLSE or VTI?
Mid Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. CLSE led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CLSE | VTI |
|---|---|---|
| Expense Ratio | 1.52% | 0.03%Best |
| AUM | $901M | $666.9B |
| Dividend Yield | 0.78% | 1.03% |
| Holdings | 371 | 3,543 |
| YTD Return | +23.71%Best | +11.06% |
| 1Y Return | +33.37%Best | +15.41% |
| 3Y Return (annualized) | +29.16%Best | +20.48% |
| 5Y Return (annualized) | - | +11.52% |
| Volatility (annualized) | 12.3%Best | 15.9% |
| Max Drawdown | -16.4%Best | -22.4% |
| $10,000 over 4.6 years | $23,382Best | $18,330 |
| Fund Family | Convergence Investment Partners | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Dec 29, 2009 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 22, 2022 to Sep 16, 2026 (4.6 years).
CLSE vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.6 years both funds cover.
CLSE vs VTI Performance
Convergence Long/Short Equity ETF (CLSE) is an ETF from Convergence Investment Partners and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year CLSE returned +33.37% while VTI returned +15.41%. Year to date, CLSE is up 23.71% versus a gain of 11.06% for VTI.
Over three years, CLSE compounded at +29.16% per year against +20.48% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 12.3% for CLSE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.4% for CLSE and -22.4% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CLSE charges 1.52% per year while VTI charges 0.03%. On a $10,000 position that is $152 vs $3 annually, a gap of $149 per year that compounds over a long holding period. On income, CLSE currently yields 0.78% against 1.03% for VTI.
Holdings Overlap
At least 58.6% of VTI's money is in holdings CLSE also owns.
Only one direction is shown: for CLSE, our book for it lists positions totalling 117.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
338 positions in common, counted across the 357 positions we hold weights for in CLSE and 3,463 in VTI, against full books of 371 and 3,543.
Top Shared Holdings
| Stock | Weight in CLSE | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.28% | 6.40% | 0.12% |
| AAPLApple, Inc | 2.47% | 6.29% | 3.82% |
| MSFTMicrosoft Corp | 1.57% | 4.79% | 3.22% |
| AMZNAmazon.Com Inc | 2.61% | 3.65% | 1.04% |
| GOOGLAlphabet Inc,class A | 3.29% | 2.90% | 0.39% |
| AVGOBroadcom Inc | 3.55% | 2.56% | 0.99% |
| GOOGAlphabet Inc | 2.94% | 2.31% | 0.63% |
| MUMicron Technology, Inc. | 3.21% | 1.29% | 1.92% |
| AMDAdvanced Micro Devices Inc | 2.10% | 1.08% | 1.02% |
| METAMeta Platforms Inc | 1.09% | 1.70% | 0.61% |
58.6% of VTI is already inside CLSE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CLSE or VTI?
CLSE has an expense ratio of 1.52% while VTI charges 0.03%. VTI is the cheaper option, by $149 a year on a $10,000 investment.
Which performed better, CLSE or VTI?
Over the past year CLSE returned +33.37% vs +15.41% for VTI, so CLSE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CLSE or VTI?
VTI has been the more volatile fund at 15.9% annualized versus 12.3% for CLSE. Worst drawdown: CLSE -16.4% vs VTI -22.4%.
Should I hold both CLSE and VTI?
CLSE and VTI have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CLSE and VTI?
At least 58.6% of VTI's money is in holdings CLSE also owns. Our book for CLSE is partial, so the real figure is this or higher. They hold 338 positions in common, counted across the 357 positions we hold weights for in CLSE and 3,463 in VTI.
Which pays a higher dividend, CLSE or VTI?
CLSE yields 0.78% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than CLSE?
VTI has a lower expense ratio. CLSE led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.