Screener
NCLO vs CVRT
Nuveen Aa-bbb Clo Etf vs Calamos Convertible Equity Alternative ETF
Key differences
Both NCLO and CVRT are fixed income ETFs. NCLO charges 0.26% a year and CVRT 0.69%. The main difference: NCLO follows a active selection strategy; CVRT uses option income.
- NCLO follows a active selection strategy; CVRT uses option income.
- NCLO costs 0.43% less per year.
- NCLO is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| NCLO | CVRT | |
|---|---|---|
| Annual cost (TER) | 0.26% | 0.69% |
| Fund size (AUM) | $152M | $29M |
| Since | 2024 | 2023 |
| Dividend yield | 5.86% | 1.42% |
| Asset class | fixed income | fixed income |
| Region | — | north america |
| Strategy | active selection | option income |
| CAGR 1Y | +5.8% | +67.5% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 3.64% | 22.44% |
| Max drawdown | -3.06% | -20.71% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.