GLSI vs. CLSE
GLSI (Greenwich LifeSciences, Inc.) 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, GLSI returned 30.34%/yr vs 32.39%/yr for CLSE. At a 0.22 correlation, their price movements are largely independent.
Performance
GLSI vs. CLSE - Performance Comparison
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Returns By Period
In the year-to-date period, GLSI achieves a 15.61% return, which is significantly lower than CLSE's 25.76% return.
GLSI
- 1D
- 0.00%
- 1M
- 10.51%
- YTD
- 15.61%
- 6M
- 188.82%
- 1Y
- 154.35%
- 3Y*
- 30.34%
- 5Y*
- -9.06%
- 10Y*
- —
CLSE
- 1D
- 0.35%
- 1M
- 9.28%
- YTD
- 25.76%
- 6M
- 28.57%
- 1Y
- 50.91%
- 3Y*
- 32.39%
- 5Y*
- —
- 10Y*
- —
GLSI vs. CLSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GLSI Greenwich LifeSciences, Inc. | 15.61% | 87.09% | 6.75% | -30.79% | -18.76% |
CLSE Convergence Long/Short Equity ETF | 25.76% | 20.44% | 35.54% | 17.54% | -3.04% |
Correlation
The correlation between GLSI and CLSE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2022 | 0.22 |
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Return for Risk
GLSI vs. CLSE — Risk / Return Rank
GLSI
CLSE
GLSI vs. CLSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Greenwich LifeSciences, Inc. (GLSI) 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.
| GLSI | CLSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.67 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 10.55 | -6.37 |
| Martin ratioReturn relative to average drawdown | 7.83 | 39.58 | -31.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLSI | CLSE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 3.84 | -2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 1.59 | -1.52 |
Drawdowns
GLSI vs. CLSE - Drawdown Comparison
The maximum GLSI drawdown since its inception was -90.11%, which is greater than CLSE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for GLSI and CLSE.
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Drawdown Indicators
| GLSI | CLSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.11% | -16.45% | -73.66% |
Max Drawdown (1Y)Largest decline over 1 year | -37.15% | -4.85% | -32.30% |
Max Drawdown (3Y)Largest decline over 3 years | -61.37% | -16.45% | -44.92% |
Max Drawdown (5Y)Largest decline over 5 years | -84.90% | — | — |
Current DrawdownCurrent decline from peak | -66.37% | 0.00% | -66.37% |
Average DrawdownAverage peak-to-trough decline | -72.51% | -3.59% | -68.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.79% | 1.29% | +18.50% |
Volatility
GLSI vs. CLSE - Volatility Comparison
Greenwich LifeSciences, Inc. (GLSI) has a higher volatility of 25.00% compared to Convergence Long/Short Equity ETF (CLSE) at 4.31%. This indicates that GLSI'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
| GLSI | CLSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.00% | 4.31% | +20.69% |
Volatility (6M)Calculated over the trailing 6-month period | 82.46% | 10.21% | +72.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.50% | 13.32% | +79.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.76% | 13.88% | +64.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 428.58% | 13.88% | +414.70% |
Dividends
GLSI vs. CLSE - Dividend Comparison
GLSI 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% |
GLSI Greenwich LifeSciences, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLSI and CLSE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLSI has higher volatility (25.00%) compared to CLSE (4.31%). In terms of maximum drawdown, GLSI dropped -90.11% vs CLSE's -16.45%.
CLSE currently has the higher Sharpe Ratio (3.84 vs 1.68), 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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