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CVRT vs FIGB

Calamos Convertible Equity Alternative ETF vs Fidelity Investment Grade Bond ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

FIGB

Fidelity Investment Grade Bond ETF

Annual cost

0.36%

Fund size

$499M

Key differences

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

  • CVRT follows a option income strategy; FIGB uses index tracking.
  • CVRT covers North America; FIGB covers global markets excluding the US.
  • FIGB costs 0.33% less per year.
  • FIGB is much larger than CVRT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

CVRTFIGB
Annual cost (TER)0.69%0.36%
Fund size (AUM)$29M$499M
Since20232021
Dividend yield1.42%4.11%
Asset classfixed incomefixed income
Regionnorth americaglobal ex us
Strategyoption incomeindex tracking
CAGR 1Y+67.2%+4.2%
CAGR 3YN/A+3.8%
CAGR 5YN/A+0.2%
Sharpe 3YN/A0.06
Volatility 1Y22.18%4.11%
Max drawdown-20.71%-18.08%

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

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