DJT vs. CLSE
DJT (Trump Media & Technology Group Corp.) is a stock, while CLSE (Convergence Long/Short Equity ETF) is Long-Short fund actively managed by Convergence Investment Partners. Over the past 3 years, DJT returned -10.09%/yr vs 29.19%/yr for CLSE. At a 0.18 correlation, their price movements are largely independent.
Performance
DJT vs. CLSE - Performance Comparison
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Returns By Period
In the year-to-date period, DJT achieves a -27.27% return, which is significantly lower than CLSE's 23.64% return.
DJT
- 1D
- 0.63%
- 1M
- 18.01%
- 6M
- -29.50%
- YTD
- -27.27%
- 1Y
- -49.13%
- 3Y*
- -10.09%
- 5Y*
- —
- 10Y*
- —
CLSE
- 1D
- -0.85%
- 1M
- -1.26%
- 6M
- 21.59%
- YTD
- 23.64%
- 1Y
- 45.61%
- 3Y*
- 29.19%
- 5Y*
- —
- 10Y*
- —
DJT vs. CLSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DJT Trump Media & Technology Group Corp. | -27.27% | -61.17% | 94.86% | 16.67% | -82.21% |
CLSE Convergence Long/Short Equity ETF | 23.64% | 20.44% | 35.54% | 17.54% | -4.38% |
Correlation
The correlation between DJT and CLSE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2022 | 0.18 |
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Return for Risk
DJT vs. CLSE — Risk / Return Rank
DJT
CLSE
DJT vs. CLSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trump Media & Technology Group Corp. (DJT) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DJT | CLSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.05 | ||
| Sortino ratioReturn per unit of downside risk | -5.57 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.57 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 9.45 | -10.21 |
| Martin ratioReturn relative to average drawdown | -1.20 | 33.01 | -34.22 |
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Drawdowns
DJT vs. CLSE - Drawdown Comparison
The maximum DJT drawdown since its inception was -92.76%, which is greater than CLSE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for DJT and CLSE.
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Drawdown Indicators
| DJT | CLSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.76% | -16.45% | -76.31% |
Max Drawdown (1Y)Largest decline over 1 year | -64.45% | -4.85% | -59.60% |
Max Drawdown (3Y)Largest decline over 3 years | -89.34% | -16.45% | -72.89% |
Current DrawdownCurrent decline from peak | -90.13% | -1.92% | -88.21% |
Average DrawdownAverage peak-to-trough decline | -72.01% | -3.54% | -68.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.94% | 1.39% | +39.55% |
Volatility
DJT vs. CLSE - Volatility Comparison
Trump Media & Technology Group Corp. (DJT) has a higher volatility of 18.72% compared to Convergence Long/Short Equity ETF (CLSE) at 3.41%. This indicates that DJT'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.
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Volatility by Period
| DJT | CLSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.72% | 3.41% | +15.31% |
Volatility (6M)Calculated over the trailing 6-month period | 42.68% | 10.78% | +31.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.97% | 13.74% | +55.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 203.17% | 13.89% | +189.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 203.17% | 13.89% | +189.28% |
Dividends
DJT vs. CLSE - Dividend Comparison
DJT has not paid dividends to shareholders, while CLSE's dividend yield for the trailing twelve months is around 0.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CLSE Convergence Long/Short Equity ETF | 0.77% | 0.95% | 0.93% | 1.21% | 0.85% |
DJT Trump Media & Technology Group Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DJT and CLSE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DJT has higher volatility (18.72%) compared to CLSE (3.41%). In terms of maximum drawdown, DJT dropped -92.76% vs CLSE's -16.45%.
CLSE currently has the higher Sharpe Ratio (3.34 vs -0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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