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CVRT vs FLTB

Calamos Convertible Equity Alternative ETF vs Fidelity Limited Term Bond ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

FLTB

Fidelity Limited Term Bond ETF

Annual cost

0.25%

Fund size

$401M

Key differences

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

  • CVRT follows a option income strategy; FLTB uses index tracking.
  • FLTB costs 0.44% less per year.
  • FLTB is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
  • FLTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVRTFLTB
Annual cost (TER)0.69%0.25%
Fund size (AUM)$29M$401M
Since20232014
Dividend yield1.42%4.36%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+67.2%+4.2%
CAGR 3YN/A+5.3%
CAGR 5YN/A+2.2%
Sharpe 3YN/A0.68
Volatility 1Y22.18%2.12%
Max drawdown-20.71%-9.37%

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

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