Screener
CVRT vs FLOT
Calamos Convertible Equity Alternative ETF vs iShares Floating Rate Bond ETF
Key differences
Both CVRT and FLOT are fixed income ETFs. CVRT charges 0.69% a year and FLOT 0.15%. The main difference: CVRT follows a option income strategy; FLOT uses index tracking.
- CVRT follows a option income strategy; FLOT uses index tracking.
- FLOT costs 0.54% less per year.
- FLOT is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
- FLOT has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CVRT | FLOT | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.15% |
| Fund size (AUM) | $29M | $9.5B |
| Since | 2023 | 2011 |
| Dividend yield | 1.42% | 4.60% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +67.2% | +4.9% |
| CAGR 3Y | N/A | +5.7% |
| CAGR 5Y | N/A | +4.2% |
| Sharpe 3Y | N/A | 1.45 |
| Volatility 1Y | 22.18% | 0.75% |
| Max drawdown | -20.71% | -13.54% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.