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CVRT vs ICVT

Calamos Convertible Equity Alternative ETF vs iShares Convertible Bond ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

ICVT

iShares Convertible Bond ETF

Annual cost

0.20%

Fund size

$7.1B

Key differences

Both CVRT and ICVT are fixed income ETFs. CVRT charges 0.69% a year and ICVT 0.20%. The main difference: CVRT follows a option income strategy; ICVT uses index tracking.

  • CVRT follows a option income strategy; ICVT uses index tracking.
  • ICVT costs 0.49% less per year.
  • ICVT is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
  • ICVT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVRTICVT
Annual cost (TER)0.69%0.20%
Fund size (AUM)$29M$7.1B
Since20232015
Dividend yield1.42%1.33%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+67.2%+36.7%
CAGR 3YN/A+20.0%
CAGR 5YN/A+6.9%
Sharpe 3YN/A1.31
Volatility 1Y22.18%15.00%
Max drawdown-20.71%-33.25%

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

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