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Upturn AI Summary
Clough Hedged Equity ETF(CBLS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CBLS
10/02/2026: CBLS (1-star) is currently NOT-A-BUY. Pass it for now.
CBLS is an actively managed ETF that provides exposure to a diversified US equity portfolio while using derivative hedging to mitigate downside risk. Its main strength lies in the discretionary expertise of Clough Capital, which allows for tactical risk management that static indices cannot provide. The fund is designed for investors who seek capital appreciation but are concerned about equity market volatility. Primary risks include the higher expense ratio and the potential for the hedging strategy to drag on performance during bull markets. It is most suitable for long-term investors seeking a more defensive equity positioning.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The hedging strategy may cap upside potential during strong bull market growth phases. |
| Momentum investor | Weak fit | The fund's focus on risk mitigation and hedging often runs counter to the aggressive trend-following nature of momentum strategies. |
| Value investor | Strong fit | The bottom-up research approach aligns well with value investors seeking fundamental quality at reasonable prices. |
| Dividend/Income investor | Mixed fit | While not primarily an income fund, the underlying equity holdings may provide modest dividends. |
| Low-risk investor | Strong fit | The inclusion of a hedging overlay provides a structure specifically designed to manage volatility and mitigate downside risk. |
Investor Profile
Ideal Investor Profile
The ideal investor is a risk-conscious equity holder who wants to stay invested in the market but desires a buffer against significant corrections.
Suitability
Best for long-term investors looking to dampen portfolio volatility without exiting the equity market.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | The hedging strategy is specifically intended to lower the fund's volatility relative to the broader market. |
| Market risk | Medium / high | Despite the hedge, the fund remains significantly exposed to general equity market direction. |
| Concentration | Medium | Active selection means the portfolio may be concentrated in specific sectors favored by the management team. |
| Tracking/expense | Medium | The higher expense ratio and active trading costs can drag on net performance. |
| Liquidity | Low | The underlying assets are typically highly liquid large-cap stocks. |
| Business/sector quality | Medium | The performance is highly reliant on the management team's ability to pick successful equity positions. |
Risk Analysis
Volatility
The fund historically exhibits lower volatility than the S&P 500 due to its hedging component.
Market Risk
While hedged, the portfolio retains significant exposure to systematic equity risk through its long positions.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Equity | Diversified US Large-Cap Equities | 95 | The fund maintains a core portfolio of long-term equity holdings selected through bottom-up analysis. |
| Derivatives | Index Put Options / Futures (Short) | 3 | This component acts as a hedge to reduce exposure to significant market downturns. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Cash holdings are maintained for liquidity and to support derivative margin requirements. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 7.42% | Avg. Invested days 57 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $57.98M |
| Issuer | Clough Capital Partners L.P. |
| Expense Ratio | 2.59% |
| Distribution Yield | 0.81% |
| Inception | Nov 12, 2020 |
Performance
| Period | Total Return |
|---|---|
| YTD | +13.88% |
| 1 Year | +9.21% |
| 3 Year | +18.88% |
| 5 Year | +3.96% |
| 10 Year | +0.00% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 20.41% |
| 3Y Volatility | 14.8% |
| 3Y Sharpe Ratio | 0.93 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Large Cap | 23.39% |
| Mid Cap | 20.54% |
| Small Cap | 18.34% |
| Mega Cap | 15.17% |
| Micro Cap | 12.64% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 46.33% |
| Energy | 20.17% |
| Consumer Cyclicals | 8.34% |
| Basic Materials | 8.08% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 21.81x |
| Portfolio P/B | 3.89x |
| Portfolio P/S | 3.54x |
| Holdings Turnover | 7.84% |
Top Holdings
| Holding | Weight |
|---|---|
| Crowdstrike Holdings | 3.39% |
| Solaris Oilfield Infrastructure | 2.91% |
| 10X Genomics | 2.75% |
| Constellation Energy | 2.65% |
| SharkNinja | 2.65% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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