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CVRT vs YLD

Calamos Convertible Equity Alternative ETF vs Principal Active High Yield ETF

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

YLD

Principal Active High Yield ETF

Annual cost

0.39%

Fund size

$545M

Key differences

Both CVRT and YLD are fixed income ETFs. CVRT charges 0.69% a year and YLD 0.39%. The main difference: CVRT follows a option income strategy; YLD uses active selection.

  • CVRT follows a option income strategy; YLD uses active selection.
  • CVRT covers North America; YLD covers global markets.
  • YLD costs 0.30% less per year.
  • YLD is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
  • YLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVRTYLD
Annual cost (TER)0.69%0.39%
Fund size (AUM)$29M$545M
Since20232015
Dividend yield1.42%7.29%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyoption incomeactive selection
CAGR 1Y+67.2%+6.7%
CAGR 3YN/A+8.9%
CAGR 5YN/A+4.9%
Sharpe 3YN/A0.90
Volatility 1Y22.18%4.35%
Max drawdown-20.71%-28.34%

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

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