CLSE vs FTLS
Convergence Long/Short Equity ETF compared with First Trust Long/Short Equity ETF on yield, payout growth, payment schedule, cost and risk.
CLSE
Convergence Long/Short Equity ETF
TTM yield · Annual
FTLS
First Trust Long/Short Equity ETF
TTM yield · Quarterly
Quick take
- FTLS yields more today: 1.08% vs 0.77% (forward).
- CLSE has grown its payout faster: 22.6%/yr vs -28.8%/yr over the last 1 year.
- CLSE pays once a year; FTLS pays every quarter.
- Over the last year CLSE delivered the higher total return: +39.5% vs +14.5% (price change plus payouts).
- FTLS is cheaper to own: 1.38% vs 1.52% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CLSE | FTLS |
|---|---|---|
| Share price | $33.96 | $76.82 |
| TTM yield | 0.77% | 0.86% |
| Forward yield | 0.77% | 1.08% |
| Annual payout per share | $0.26 | $0.828 |
| Payment frequency | Annual | Quarterly |
| Next ex-date | Dec 15, 2026 (est.) | Sep 24, 2026 (est.) |
| Expense ratio | 1.52% | 1.38% |
| 1-year payout growth | +22.6% | -28.8% |
| 5-year payout CAGR | — | +35.1% |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 76/100 | 66/100 |
| 1-year total return | +39.5% | +14.5% |
| 1-year price return | +38.4% | +13.5% |
| Size (market cap / AUM) | 900.5M | 2.5B |
| Years paying | 3.7 | 12.0 |
| Sector / category | Long-Short Equity | Long-Short Equity |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CLSE | FTLS | |
|---|---|---|
| Shares | 294.5 | 130.2 |
| Income per year | $77 | $108 |
| Income per month (avg) | $6 | $9 |
At forward yields, before taxes. Model CLSE · Model FTLS
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CLSE Dec 15, 2026 | Dec 29, 2026 | $0.26 | Est. |
| FTLS Sep 24, 2026 | Oct 8, 2026 | $0.207 | Est. |
| FTLS Dec 24, 2026 | Jan 7, 2027 | $0.207 | Est. |
| FTLS Mar 25, 2027 | Apr 8, 2027 | $0.207 | Est. |
Annual payouts per share
CLSEFTLS
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CLSE or FTLS?
FTLS currently has the higher trailing yield: CLSE yields 0.77% and FTLS yields 0.86%. Yield changes daily with price, so check the live figures above.
How often do CLSE and FTLS pay?
CLSE pays once a year and FTLS pays every quarter. CLSE's next ex-date is Dec 15, 2026 and FTLS's is Sep 24, 2026.
Which has grown its dividend faster, CLSE or FTLS?
CLSE has grown its payout faster: 22.6%/yr vs -28.8%/yr over the last 1 year.
Is CLSE or FTLS better for income?
It depends on what you are optimising for. CLSE and FTLS differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.