Screener
CLOI vs CVRT
VanEck CLO ETF vs Calamos Convertible Equity Alternative ETF
Key differences
Both CLOI and CVRT are fixed income ETFs. CLOI charges 0.36% a year and CVRT 0.69%. The main difference: CLOI follows a active selection strategy; CVRT uses option income.
- CLOI follows a active selection strategy; CVRT uses option income.
- CLOI costs 0.33% less per year.
- CLOI is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| CLOI | CVRT | |
|---|---|---|
| Annual cost (TER) | 0.36% | 0.69% |
| Fund size (AUM) | $1.3B | $29M |
| Since | 2022 | 2023 |
| Dividend yield | 5.40% | 1.42% |
| Asset class | fixed income | fixed income |
| Region | — | north america |
| Strategy | active selection | option income |
| CAGR 1Y | +5.7% | +67.2% |
| CAGR 3Y | +7.1% | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 1.29 | N/A |
| Volatility 1Y | 1.17% | 22.18% |
| Max drawdown | -3.36% | -20.71% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.