Screener
HYFI vs CVRT
AB High Yield ETF vs Calamos Convertible Equity Alternative ETF
Key differences
Both HYFI and CVRT are fixed income ETFs. HYFI charges 0.40% a year and CVRT 0.69%. The main difference: HYFI follows a active selection strategy; CVRT uses option income.
- HYFI follows a active selection strategy; CVRT uses option income.
- HYFI costs 0.29% less per year.
- HYFI is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
- HYFI has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYFI | CVRT | |
|---|---|---|
| Annual cost (TER) | 0.40% | 0.69% |
| Fund size (AUM) | $341M | $29M |
| Since | 2016 | 2023 |
| Dividend yield | 6.71% | 1.42% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | option income |
| CAGR 1Y | +7.5% | +60.9% |
| CAGR 3Y | +9.1% | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 0.98 | N/A |
| Volatility 1Y | 3.96% | 22.27% |
| Max drawdown | -6.34% | -20.71% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.