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CVRT vs FBND

Calamos Convertible Equity Alternative ETF vs Fidelity Total Bond ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

FBND

Fidelity Total Bond ETF

Annual cost

0.36%

Fund size

$26.1B

Key differences

Both CVRT and FBND are fixed income ETFs. CVRT charges 0.69% a year and FBND 0.36%. The main difference: CVRT follows a option income strategy; FBND uses index tracking.

  • CVRT follows a option income strategy; FBND uses index tracking.
  • CVRT covers North America; FBND covers global markets.
  • FBND costs 0.33% less per year.
  • FBND is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
  • FBND has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVRTFBND
Annual cost (TER)0.69%0.36%
Fund size (AUM)$29M$26.1B
Since20232014
Dividend yield1.42%4.70%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyoption incomeindex tracking
CAGR 1Y+67.2%+4.8%
CAGR 3YN/A+4.4%
CAGR 5YN/A+0.8%
Sharpe 3YN/A0.17
Volatility 1Y22.18%3.83%
Max drawdown-20.71%-17.25%

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

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