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CVRT vs TFLO

Calamos Convertible Equity Alternative ETF vs iShares Treasury Floating Rate Bond ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

TFLO

iShares Treasury Floating Rate Bond ETF

Annual cost

0.15%

Fund size

$6.6B

Key differences

Both CVRT and TFLO are fixed income ETFs. CVRT charges 0.69% a year and TFLO 0.15%. The main difference: CVRT follows a option income strategy; TFLO uses index tracking.

  • CVRT follows a option income strategy; TFLO uses index tracking.
  • TFLO costs 0.54% less per year.
  • TFLO is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
  • TFLO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVRTTFLO
Annual cost (TER)0.69%0.15%
Fund size (AUM)$29M$6.6B
Since20232014
Dividend yield1.42%3.95%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+60.9%+4.0%
CAGR 3YN/A+4.8%
CAGR 5YN/A+3.7%
Sharpe 3YN/A3.37
Volatility 1Y22.27%0.28%
Max drawdown-20.71%-0.16%

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

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