CBLS ETF — Clough Hedged Equity ETF

Clough Hedged Equity ETF (CBLS)

Updated October 16, 2026.

CBLS is an ETF. its distribution rate is 0.83%, its trailing-12-month yield is 0.83%, its expense ratio is 1.89%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 49.8% over the past 5.9 years, 81.3 points behind SPY at 131.1%.

Clough Hedged Equity ETF is an actively managed equity ETF that seeks to identify undervalued securities with strong financial characteristics, such as high returns on invested capital and favorable valuation metrics relative to the broader market. The fund distributes annually at a modest rate, with an expense ratio of 1.89%. It may appeal to value-oriented income investors seeking exposure to equities with an active management approach.

CBLS performance versus SPY

Price and return data through 2026-10-16.

Total return is 49.8% over the past 5.9 years, 81.3 points behind SPY at 131.1%. Over the past year its total return — price change plus distributions reinvested — is 2.5%. Its deepest 1-year drawdown was 13.0%.

CBLS key facts

Distribution Safety Score™

50 · Unproven

Issuer

Clough Capital Partners

Asset type

ETF

Asset class

Equity

Inception date

11/12/2020

Expense ratio

1.89%

Distribution rate

0.83%

Distribution frequency

Annual

Trailing yield

0.83%

Last close

$29.93 (as of 2026-10-16)

AUM

$55,237,318

Average volume

246.0

Dividend

$0.247

Ex-dividend date

12/30/2025

Payment date

12/31/2025

Beta

0.75

How Dividend Vision calculates yield and returns

Distribution rate (0.83%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.83%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Clough Capital Partners; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CBLS risks and drawbacks

CBLS's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.0%.

Who may consider CBLS — and who may not

It is a weaker fit for investors who need monthly cash flow (CBLS pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CBLS

• All tickers starting with C

Tagged: Hedged.

Frequently asked questions

More securities from Clough Capital Partners.