Screener
EFAA vs CVY
Invesco MSCI EAFE Income Advantage ETF vs Invesco Zacks Multi-Asset Income ETF
Key differences
EFAA is an alternative ETF, while CVY is a mixed asset ETF. EFAA charges 0.39% a year and CVY 1.21%.
- EFAA is an alternative fund, while CVY is a mixed asset fund. They carry different risk/return profiles.
- EFAA follows a option income strategy; CVY uses active selection.
- EFAA costs 0.82% less per year.
- EFAA is much larger than CVY. Larger funds are usually more liquid and less likely to close.
- CVY has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| EFAA | CVY | |
|---|---|---|
| Annual cost (TER) | 0.39% | 1.21% |
| Fund size (AUM) | $505M | $120M |
| Since | 2024 | 2006 |
| Dividend yield | 8.11% | 3.72% |
| Asset class | alternative | mixed asset |
| Region | — | global |
| Strategy | option income | active selection |
| CAGR 1Y | +16.3% | +18.7% |
| CAGR 3Y | N/A | +16.9% |
| CAGR 5Y | N/A | +7.3% |
| Sharpe 3Y | N/A | 0.92 |
| Volatility 1Y | 12.12% | 11.02% |
| Max drawdown | -11.97% | -50.47% |
Similar to EFAA and CVY
Explore further