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CVRT vs CGSM

Calamos Convertible Equity Alternative ETF vs Capital Group Short Duration Municipal Income ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

CGSM

Capital Group Short Duration Municipal Income ETF

Annual cost

0.25%

Fund size

$1.2B

Key differences

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

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

Side-by-side comparison

CVRTCGSM
Annual cost (TER)0.69%0.25%
Fund size (AUM)$29M$1.2B
Since20232023
Dividend yield1.42%3.00%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+67.5%+4.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y22.44%1.34%
Max drawdown-20.71%-1.42%

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

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