VRSN vs. CLSE
VRSN (VeriSign, 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, VRSN returned 4.28%/yr vs 31.29%/yr for CLSE. At a 0.23 correlation, their price movements are largely independent.
Performance
VRSN vs. CLSE - Performance Comparison
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Returns By Period
In the year-to-date period, VRSN achieves a 2.41% return, which is significantly lower than CLSE's 24.77% return.
VRSN
- 1D
- -0.19%
- 1M
- -20.25%
- YTD
- 2.41%
- 6M
- 1.52%
- 1Y
- -11.52%
- 3Y*
- 4.28%
- 5Y*
- 1.81%
- 10Y*
- 11.54%
CLSE
- 1D
- -1.02%
- 1M
- 3.46%
- YTD
- 24.77%
- 6M
- 23.28%
- 1Y
- 48.27%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
VRSN vs. CLSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VRSN VeriSign, Inc. | 2.41% | 18.41% | 0.49% | 0.25% | -1.34% |
CLSE Convergence Long/Short Equity ETF | 24.77% | 20.44% | 35.54% | 17.54% | -4.38% |
Correlation
The correlation between VRSN and CLSE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2022 | 0.23 |
The correlation between VRSN and CLSE shifts across timeframes, from -0.03 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VRSN vs. CLSE — Risk / Return Rank
VRSN
CLSE
VRSN vs. CLSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VeriSign, Inc. (VRSN) 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.
| VRSN | CLSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.96 | ||
| Sortino ratioReturn per unit of downside risk | -5.17 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.62 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 10.00 | -10.39 |
| Martin ratioReturn relative to average drawdown | -0.75 | 36.36 | -37.11 |
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Drawdowns
VRSN vs. CLSE - Drawdown Comparison
The maximum VRSN drawdown since its inception was -98.37%, which is greater than CLSE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for VRSN and CLSE.
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Drawdown Indicators
| VRSN | CLSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.37% | -16.45% | -81.92% |
Max Drawdown (1Y)Largest decline over 1 year | -30.21% | -4.85% | -25.36% |
Max Drawdown (3Y)Largest decline over 3 years | -30.21% | -16.45% | -13.76% |
Max Drawdown (5Y)Largest decline over 5 years | -38.85% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.85% | — | — |
Current DrawdownCurrent decline from peak | -20.25% | -1.02% | -19.23% |
Average DrawdownAverage peak-to-trough decline | -56.94% | -3.56% | -53.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.38% | 1.33% | +14.05% |
Volatility
VRSN vs. CLSE - Volatility Comparison
VeriSign, Inc. (VRSN) has a higher volatility of 10.91% compared to Convergence Long/Short Equity ETF (CLSE) at 4.22%. This indicates that VRSN'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
| VRSN | CLSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.91% | 4.22% | +6.69% |
Volatility (6M)Calculated over the trailing 6-month period | 22.34% | 10.55% | +11.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.89% | 13.65% | +15.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.37% | 13.92% | +11.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.33% | 13.92% | +12.41% |
Dividends
VRSN vs. CLSE - Dividend Comparison
VRSN's dividend yield for the trailing twelve months is around 1.28%, more than CLSE's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CLSE Convergence Long/Short Equity ETF | 0.76% | 0.95% | 0.93% | 1.21% | 0.85% |
VRSN VeriSign, Inc. | 1.28% | 0.95% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VRSN and CLSE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VRSN has higher volatility (10.91%) compared to CLSE (4.22%). In terms of maximum drawdown, VRSN dropped -98.37% vs CLSE's -16.45%.
CLSE currently has the higher Sharpe Ratio (3.56 vs -0.40), 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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