CLSE vs SPY

ACLSE

BSPY

Measures won2–2level · of 6 · 5Y

$10,000 · 5Y$17,099SPY

Lowest cost0.09%SPY · $9 on $10k

Most income1.03%SPY · $103 on $10k

Smallest drop−8.6%CLSE · worst fall in 1Y

Held in common40.0%CLSE and SPY

CLSE

SPY

Convergence Long/Short Equity ETF · $981MState Street SPDR S&P 500 ETF · $819B

+26.1%3 years · per year$20,038 · $18,174+22.0%

[…]5 years · per year[…] · $17,099+11.3%

1.52%Expense ratio$152 · $9 on $10k · lower wins0.09%

0.83%12-mo yield$83 · $103 on $10k1.03%

−8.6%Worst dropSmaller wins−8.9%

13.6%VolatilityLower wins13.6%

2–2Level

$10,000 · 5 yearsOne scale

Shared top holdingsCLSE · SPY

5.1%NVDA7.3%

3.3%AAPL7.7%

2.5%AMZN3.9%

2.7%AVGO2.3%

Held in common40.0%

End-of-day Nov 5, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	−4.4%	+8.3%	+9.7%	+22.0%	+11.3%	−8.9%	$818.5B
2	ACLSE	Convergence Long/Short Equity ETFRead Desk		1.52%	0.83%	−3.1%	+15.3%	+19.4%	+26.1%	new	−8.6%	$981M

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	−4.4%	+8.3%	+9.7%	+22.0%	+11.3%	−8.9%	$818.5B
2	ACLSE	Convergence Long/Short Equity ETFRead Desk		1.52%	0.83%	−3.1%	+15.3%	+19.4%	+26.1%	new	−8.6%	$981M

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

CLSE vs SPY

CLSE

Convergence Long/Short Equity

[…]

SPY

SPDR S&P 500

$17,099

MeasureCLSESPY

Fee1.52%0.09%

Cost on $10k a year$152$9

Yield0.83%1.03%

5 years, per year[…]+11.3%

3 years, per year+26.1%+22.0%

Worst drop · 1Y−8.6%−8.9%

Volatility · 1Y13.6%13.6%

2–2measures won
level

40.0%

holdings shared

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+8.4%

SPYSPDR

+8.3%

+8.4%Year to date+8.3%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 5, 2026

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+5.2%

+8.5%Year to date+5.2%

12.2%Yield8.1%

$42.6BAssets$46.8B

2–0JEPQ wins

End-of-day Nov 5, 2026

Overlap: CLSE, SPY

Today

40.0%most shared, CLSE and SPY

CLSESPY

CLSE—40.0%

SPY40.0%—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$94most kept, SPY

SPY$103 − $9 = $94

CLSE$83 − $152 = −$69

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee