Summary
Convergence Long/Short Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Convergence. Positions inside: 365. The ten largest make up 71% of the fund.
- Yearly costs
- 1.52%
- Fund size
- $1.02B
- Positions
- 365
- Dividend yield
- 0.77%
- Running since
- 2009
What speaks for it
- A large fund with $1.02B under management.
- Easy to buy and sell: about $12.9M changes hands a day.
- Average yearly growth over the last three years: 27%.
- It has been running since 2009.
What to watch
- The ten largest positions make up 71% of the fund, so its result rests on a few names.
- Costs of 1.52% a year are above the middle of comparable funds (0.44%).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.1%
- 3 months
- +0.1%
- This year
- +23%
- 1 year
- +31%
- 3 years
- +106%
- Avg. market cap
- $1.58T
- P/E
- 21.9x
- Forward P/E
- 17.9x
- P/S
- 1.5x
- P/B
- 5.0x
- P/FCF
- 17.0x
- EV/EBITDA
- 16.5x
- Dividend yield
- 0.73%
- ROIC
- 28.7%
- ROE
- 50.5%
- Gross margin
- 58.1%
- Operating margin
- 30.0%
- Net margin
- 28.6%
- Payout ratio
- 15.9%
- Net debt/EBITDA
- 0.9x
- Beta
- 0.75
Weighted average of the 50 largest companies, which make up 71% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 Cash & Other 41%
- 2 NVNvidia NVDA 6.0%
- 3 GOAlphabet GOOGL 3.8%
- 4 AMAmazon AMZN 3.4%
- 5 GOAlphabet GOOG 3.3%
- 6 MUMicron MU 3.2%
- 7 AAApple AAPL 2.8%
- 8 AVBroadcom AVGO 2.6%
- 9 AMAMD AMD 2.5%
- 10 MEMeta META 2.3%
Positions in the fund: 365. The ten largest make up 71% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Technology 37%
- Financials 11%
- Healthcare 11%
- Consumer cyclical 9.8%
- Industrials 8.9%
- Other 22%
By country
- United States 61%
- Ireland 0.9%
- France 0.2%
- Other countries 41%
By company size
- Mega cap 40%
- Large cap 47%
- Mid cap 13%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (37%). Largest country: United States (61%). Largest size group: Large cap (47%).
What does it cost me?
Expensive- A year from $10,000
- $152
- Over 20 years
- $6,712
From every $10,000 invested the fund takes $152 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $6,712.
How has it done?
Growing over the long run- A year on average, 3 years
- +27%
- Deepest drop
- -17%
- Yearly volatility
- 13%
Average yearly growth over the last three years: 27%. Deepest drop in these years: 17% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.77%
- Payments a year
- 1
- Last payment
- $0.26
Over the last 12 months it paid $0.26 per share, which is 0.77% of today's price. The last payment was $0.26 on Dec 15, 2025.
Is it easy to buy and sell?
Very easy- Traded a day
- $12.9M
- Shares a day
- 381K
On an average day about $12.9M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.9
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 17%
- Fairly valued 10%
- Overvalued 73%
On average the companies inside trade for 21.9 times their yearly profit. By Fair Price, 73% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 71% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
LS LSVD LSV Disciplined Value ETF | United States | 0.40% | $675.2M | +28% | - | 50% |
SG SGLC SGI U.S. Large Cap Core ETF | United States | 0.85% | $145.5M | +24% | Pays out | 49% |
QL QLC Northern Trust US Quality Large Cap ETF | United States | 0.26% | $1.12B | +17% | Pays out | 49% |
LR LRGF iShares U.S. Equity Factor ETF | United States | 0.08% | $3.68B | +14% | Pays out | 49% |
BE BEQGX Disciplined Core Equity Fund - Investor Class· mutual fund | United States | 0.65% | $1.96B | +7.3% | Pays out | 47% |
RW RWLC Rayliant NxtGen Multifactor US Equity ETF | United States | 0.32% | $4.10B | +4.7% | Pays out | 46% |