Screener
PAAA vs CVRT
Pgim Aaa Clo Etf vs Calamos Convertible Equity Alternative ETF
Key differences
Both PAAA and CVRT are fixed income ETFs. PAAA charges 0.19% a year and CVRT 0.69%. The main difference: PAAA follows a active selection strategy; CVRT uses option income.
- PAAA follows a active selection strategy; CVRT uses option income.
- PAAA costs 0.50% less per year.
- PAAA is much larger than CVRT. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| PAAA | CVRT | |
|---|---|---|
| Annual cost (TER) | 0.19% | 0.69% |
| Fund size (AUM) | $10.2B | $29M |
| Since | 2023 | 2023 |
| Dividend yield | 5.33% | 1.42% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | option income |
| CAGR 1Y | +5.3% | +67.2% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 0.49% | 22.18% |
| Max drawdown | -1.04% | -20.71% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.