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CVRT vs CDX

Calamos Convertible Equity Alternative ETF vs Simplify High Yield ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

CDX

Simplify High Yield ETF

Annual cost

0.25%

Fund size

$407M

Key differences

Both CVRT and CDX are fixed income ETFs. CVRT charges 0.69% a year and CDX 0.25%. The main difference: CVRT follows a option income strategy; CDX uses multi strategy.

  • CVRT follows a option income strategy; CDX uses multi strategy.
  • CDX costs 0.44% less per year.
  • CDX is much larger than CVRT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

CVRTCDX
Annual cost (TER)0.69%0.25%
Fund size (AUM)$29M$407M
Since20232022
Dividend yield1.42%8.31%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyoption incomemulti strategy
CAGR 1Y+67.2%-1.8%
CAGR 3YN/A+7.2%
CAGR 5YN/AN/A
Sharpe 3YN/A0.37
Volatility 1Y22.18%5.74%
Max drawdown-20.71%-13.24%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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