PortfoliosLab logo
ADME vs. CLSE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ADME and CLSE is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

ADME vs. CLSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Drawdown Managed Equity ETF (ADME) and Convergence Long/Short Equity ETF (CLSE). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%60.00%70.00%NovemberDecember2025FebruaryMarchApril
10.70%
47.96%
ADME
CLSE

Key characteristics

Sharpe Ratio

ADME:

0.48

CLSE:

0.45

Sortino Ratio

ADME:

0.76

CLSE:

0.68

Omega Ratio

ADME:

1.11

CLSE:

1.09

Calmar Ratio

ADME:

0.47

CLSE:

0.45

Martin Ratio

ADME:

1.78

CLSE:

1.49

Ulcer Index

ADME:

4.17%

CLSE:

4.99%

Daily Std Dev

ADME:

15.41%

CLSE:

16.37%

Max Drawdown

ADME:

-27.49%

CLSE:

-16.45%

Current Drawdown

ADME:

-10.18%

CLSE:

-10.51%

Returns By Period

In the year-to-date period, ADME achieves a -6.74% return, which is significantly lower than CLSE's -5.94% return.


ADME

YTD

-6.74%

1M

-3.31%

6M

-6.37%

1Y

6.84%

5Y*

8.21%

10Y*

N/A

CLSE

YTD

-5.94%

1M

0.09%

6M

-3.27%

1Y

7.01%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ADME vs. CLSE - Expense Ratio Comparison

ADME has a 0.79% expense ratio, which is lower than CLSE's 1.56% expense ratio.


Expense ratio chart for CLSE: current value is 1.56%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CLSE: 1.56%
Expense ratio chart for ADME: current value is 0.79%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ADME: 0.79%

Risk-Adjusted Performance

ADME vs. CLSE — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADME
The Risk-Adjusted Performance Rank of ADME is 5757
Overall Rank
The Sharpe Ratio Rank of ADME is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of ADME is 5555
Sortino Ratio Rank
The Omega Ratio Rank of ADME is 5656
Omega Ratio Rank
The Calmar Ratio Rank of ADME is 6161
Calmar Ratio Rank
The Martin Ratio Rank of ADME is 5757
Martin Ratio Rank

CLSE
The Risk-Adjusted Performance Rank of CLSE is 5454
Overall Rank
The Sharpe Ratio Rank of CLSE is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of CLSE is 5252
Sortino Ratio Rank
The Omega Ratio Rank of CLSE is 5151
Omega Ratio Rank
The Calmar Ratio Rank of CLSE is 5959
Calmar Ratio Rank
The Martin Ratio Rank of CLSE is 5353
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ADME vs. CLSE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Drawdown Managed Equity ETF (ADME) and Convergence Long/Short Equity ETF (CLSE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for ADME, currently valued at 0.48, compared to the broader market-1.000.001.002.003.004.00
ADME: 0.48
CLSE: 0.45
The chart of Sortino ratio for ADME, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.00
ADME: 0.76
CLSE: 0.68
The chart of Omega ratio for ADME, currently valued at 1.11, compared to the broader market0.501.001.502.00
ADME: 1.11
CLSE: 1.09
The chart of Calmar ratio for ADME, currently valued at 0.47, compared to the broader market0.002.004.006.008.0010.0012.00
ADME: 0.47
CLSE: 0.45
The chart of Martin ratio for ADME, currently valued at 1.78, compared to the broader market0.0020.0040.0060.00
ADME: 1.78
CLSE: 1.49

The current ADME Sharpe Ratio is 0.48, which is comparable to the CLSE Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of ADME and CLSE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.48
0.45
ADME
CLSE

Dividends

ADME vs. CLSE - Dividend Comparison

ADME's dividend yield for the trailing twelve months is around 0.48%, less than CLSE's 0.98% yield.


TTM202420232022202120202019201820172016
ADME
Aptus Drawdown Managed Equity ETF
0.48%0.47%0.78%0.73%0.26%0.41%0.70%0.86%0.32%0.69%
CLSE
Convergence Long/Short Equity ETF
0.98%0.93%1.21%0.85%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ADME vs. CLSE - Drawdown Comparison

The maximum ADME drawdown since its inception was -27.49%, which is greater than CLSE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for ADME and CLSE. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-10.18%
-10.51%
ADME
CLSE

Volatility

ADME vs. CLSE - Volatility Comparison

Aptus Drawdown Managed Equity ETF (ADME) has a higher volatility of 10.30% compared to Convergence Long/Short Equity ETF (CLSE) at 8.14%. This indicates that ADME's price experiences larger fluctuations and is considered to be riskier than CLSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
10.30%
8.14%
ADME
CLSE