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 -12.11%/yr vs 32.33%/yr for CLSE. At a 0.19 correlation, their price movements are largely independent.
Performance
DJT vs. CLSE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DJT achieves a -33.53% return, which is significantly lower than CLSE's 25.54% return.
DJT
- 1D
- 1.97%
- 1M
- -4.35%
- YTD
- -33.53%
- 6M
- -25.36%
- 1Y
- -59.78%
- 3Y*
- -12.11%
- 5Y*
- —
- 10Y*
- —
CLSE
- 1D
- -0.17%
- 1M
- 7.35%
- YTD
- 25.54%
- 6M
- 28.02%
- 1Y
- 51.14%
- 3Y*
- 32.33%
- 5Y*
- —
- 10Y*
- —
DJT vs. CLSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DJT Trump Media & Technology Group Corp. | -33.53% | -61.17% | 94.86% | 16.67% | -83.85% |
CLSE Convergence Long/Short Equity ETF | 25.54% | 20.44% | 35.54% | 17.54% | -3.04% |
Correlation
The correlation between DJT and CLSE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2022 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
| DJT | CLSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.76 | ||
| Sortino ratioReturn per unit of downside risk | -6.95 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.68 | -0.86 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 10.60 | -11.56 |
| Martin ratioReturn relative to average drawdown | -1.52 | 39.76 | -41.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DJT | CLSE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 3.86 | -4.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 1.59 | -1.60 |
Drawdowns
DJT vs. CLSE - Drawdown Comparison
The maximum DJT drawdown since its inception was -91.85%, 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.
Loading charts...
Drawdown Indicators
| DJT | CLSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.85% | -16.45% | -75.40% |
Max Drawdown (1Y)Largest decline over 1 year | -62.54% | -4.85% | -57.69% |
Max Drawdown (3Y)Largest decline over 3 years | -87.99% | -16.45% | -71.54% |
Current DrawdownCurrent decline from peak | -90.98% | -0.17% | -90.81% |
Average DrawdownAverage peak-to-trough decline | -71.12% | -3.59% | -67.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.90% | 1.29% | +39.61% |
Volatility
DJT vs. CLSE - Volatility Comparison
Trump Media & Technology Group Corp. (DJT) has a higher volatility of 13.34% compared to Convergence Long/Short Equity ETF (CLSE) at 4.16%. 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.
Loading charts...
Volatility by Period
| DJT | CLSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.34% | 4.16% | +9.18% |
Volatility (6M)Calculated over the trailing 6-month period | 54.44% | 10.20% | +44.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.47% | 13.31% | +53.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 204.63% | 13.88% | +190.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 204.63% | 13.88% | +190.75% |
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 0.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CLSE Convergence Long/Short Equity ETF | 0.76% | 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 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DJT has higher volatility (13.34%) compared to CLSE (4.16%). In terms of maximum drawdown, DJT dropped -91.85% vs CLSE's -16.45%.
CLSE currently has the higher Sharpe Ratio (3.86 vs -0.90), 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.
Find the right allocation for DJT and CLSE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer