Screener
CVRT vs CWB
Calamos Convertible Equity Alternative ETF vs State Street SPDR Bloomberg Convertible Securities ETF
Key differences
Both CVRT and CWB are fixed income ETFs. CVRT charges 0.69% a year and CWB 0.40%. The main difference: CVRT follows a option income strategy; CWB uses index tracking.
- CVRT follows a option income strategy; CWB uses index tracking.
- CWB costs 0.29% less per year.
- CWB is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
- CWB has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CVRT | CWB | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.40% |
| Fund size (AUM) | $29M | $6.2B |
| Since | 2023 | 2009 |
| Dividend yield | 1.42% | 1.37% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +67.2% | +33.3% |
| CAGR 3Y | N/A | +18.6% |
| CAGR 5Y | N/A | +6.7% |
| Sharpe 3Y | N/A | 1.20 |
| Volatility 1Y | 22.18% | 14.69% |
| Max drawdown | -20.71% | -32.06% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.