Screener
CVRT vs PAAA
Calamos Convertible Equity Alternative ETF vs Pgim Aaa Clo Etf
Key differences
Both CVRT and PAAA are fixed income ETFs. CVRT charges 0.69% a year and PAAA 0.19%. The main difference: CVRT follows a option income strategy; PAAA uses active selection.
- CVRT follows a option income strategy; PAAA uses active selection.
- PAAA costs 0.50% less per year.
- PAAA is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| CVRT | PAAA | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.19% |
| Fund size (AUM) | $29M | $10.2B |
| Since | 2023 | 2023 |
| Dividend yield | 1.42% | 5.33% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | active selection |
| CAGR 1Y | +67.2% | +5.3% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 22.18% | 0.49% |
| Max drawdown | -20.71% | -1.04% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.