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ICVT vs CVRT

iShares Convertible Bond ETF vs Calamos Convertible Equity Alternative ETF

ICVT

iShares Convertible Bond ETF

Annual cost

0.20%

Fund size

$7.1B

CVRT

Calamos Convertible Equity Alternative ETF

Annual cost

0.69%

Fund size

$29M

Key differences

Both ICVT and CVRT are fixed income ETFs. ICVT charges 0.20% a year and CVRT 0.69%. The main difference: ICVT follows a index tracking strategy; CVRT uses option income.

  • ICVT follows a index tracking strategy; CVRT uses option income.
  • ICVT costs 0.49% less per year.
  • ICVT is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
  • ICVT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ICVTCVRT
Annual cost (TER)0.20%0.69%
Fund size (AUM)$7.1B$29M
Since20152023
Dividend yield1.33%1.42%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+32.5%+60.9%
CAGR 3Y+18.4%N/A
CAGR 5Y+6.7%N/A
Sharpe 3Y1.19N/A
Volatility 1Y15.11%22.27%
Max drawdown-33.25%-20.71%

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

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