RUM vs. CLSE
RUM (Rumble 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, RUM returned -11.59%/yr vs 31.87%/yr for CLSE. At a 0.25 correlation, their price movements are largely independent.
Performance
RUM vs. CLSE - Performance Comparison
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Returns By Period
In the year-to-date period, RUM achieves a -1.27% return, which is significantly lower than CLSE's 25.47% return.
RUM
- 1D
- 0.65%
- 1M
- -29.97%
- YTD
- -1.27%
- 6M
- -10.22%
- 1Y
- -27.10%
- 3Y*
- -11.59%
- 5Y*
- -8.56%
- 10Y*
- —
CLSE
- 1D
- 0.94%
- 1M
- 2.24%
- YTD
- 25.47%
- 6M
- 23.66%
- 1Y
- 48.21%
- 3Y*
- 31.87%
- 5Y*
- —
- 10Y*
- —
RUM vs. CLSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RUM Rumble Inc. | -1.27% | -51.42% | 189.76% | -24.54% | -57.89% |
CLSE Convergence Long/Short Equity ETF | 25.47% | 20.44% | 35.54% | 17.54% | -4.38% |
Correlation
The correlation between RUM and CLSE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2022 | 0.25 |
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Return for Risk
RUM vs. CLSE — Risk / Return Rank
RUM
CLSE
RUM vs. CLSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rumble Inc. (RUM) 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.
| RUM | CLSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.93 | ||
| Sortino ratioReturn per unit of downside risk | -4.91 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.62 | -0.63 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 9.99 | -10.50 |
| Martin ratioReturn relative to average drawdown | -0.84 | 36.22 | -37.06 |
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Drawdowns
RUM vs. CLSE - Drawdown Comparison
The maximum RUM drawdown since its inception was -79.83%, which is greater than CLSE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for RUM and CLSE.
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Drawdown Indicators
| RUM | CLSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.83% | -16.45% | -63.38% |
Max Drawdown (1Y)Largest decline over 1 year | -53.39% | -4.85% | -48.54% |
Max Drawdown (3Y)Largest decline over 3 years | -71.30% | -16.45% | -54.85% |
Max Drawdown (5Y)Largest decline over 5 years | -79.83% | — | — |
Current DrawdownCurrent decline from peak | -62.88% | -0.46% | -62.42% |
Average DrawdownAverage peak-to-trough decline | -44.71% | -3.56% | -41.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.31% | 1.33% | +30.98% |
Volatility
RUM vs. CLSE - Volatility Comparison
Rumble Inc. (RUM) has a higher volatility of 25.07% compared to Convergence Long/Short Equity ETF (CLSE) at 3.99%. This indicates that RUM'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
| RUM | CLSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.07% | 3.99% | +21.08% |
Volatility (6M)Calculated over the trailing 6-month period | 55.43% | 10.51% | +44.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.62% | 13.64% | +58.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.20% | 13.91% | +72.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.51% | 13.91% | +70.60% |
Dividends
RUM vs. CLSE - Dividend Comparison
RUM 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% |
RUM Rumble Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RUM and CLSE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RUM has higher volatility (25.07%) compared to CLSE (3.99%). In terms of maximum drawdown, RUM dropped -79.83% vs CLSE's -16.45%.
CLSE currently has the higher Sharpe Ratio (3.55 vs -0.37), 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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