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CVRT vs HYFI

Calamos Convertible Equity Alternative ETF vs AB High Yield ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

HYFI

AB High Yield ETF

Annual cost

0.40%

Fund size

$341M

Key differences

Both CVRT and HYFI are fixed income ETFs. CVRT charges 0.69% a year and HYFI 0.40%. The main difference: CVRT follows a option income strategy; HYFI uses active selection.

  • CVRT follows a option income strategy; HYFI uses active selection.
  • HYFI costs 0.29% less per year.
  • HYFI is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
  • HYFI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVRTHYFI
Annual cost (TER)0.69%0.40%
Fund size (AUM)$29M$341M
Since20232016
Dividend yield1.42%6.71%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyoption incomeactive selection
CAGR 1Y+67.2%+7.5%
CAGR 3YN/A+9.2%
CAGR 5YN/AN/A
Sharpe 3YN/A1.00
Volatility 1Y22.18%3.95%
Max drawdown-20.71%-6.34%

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

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