May 18, 2026, 11:53 PMseekingalpha.comCLSE
CLSE: Survives Yet Another Stress Test And Proceeds To Capture Upside
Management
The Convergence Long/Short Equity ETF has delivered additional proof of tail risk mitigation without surrendering much upside capture this year. Modest drawdowns were experienced during March's sell-off, and index-level upside capture occurred in April. The vehicle's long exposure is currently at ~60%, its lower bound, and management communicated alignment in favour of value over momentum and broadening over narrowing post Q1.