CCD vs VXUS
Calamos Dynamic Convertible and Income Fund vs Vanguard Total International Stock ETF
Which is better, CCD or VXUS?
Convertibles against Large Cap Blend.
VXUS has a lower expense ratio. CCD led over 1Y, VXUS over 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CCD | VXUS |
|---|---|---|
| Expense Ratio | 2.10% | 0.05%Best |
| AUM | $972M | $158.1B |
| Dividend Yield | 4.13% | 2.51% |
| Holdings | 612 | 8,747 |
| YTD Return | +20.41%Best | +13.35% |
| 1Y Return | +26.14%Best | +22.44% |
| 3Y Return (annualized) | +17.84% | +19.44%Best |
| 5Y Return (annualized) | +4.58% | +8.82%Best |
| Volatility (annualized) | 21.0% | 14.9%Best |
| Max Drawdown | -60.9% | -39.9%Best |
| $10,000 over 5 years | $12,510 | $15,260Best |
| Fund Family | Calamos Investments | Vanguard (US) |
| Category | Convertible | Equity |
| Style | Convertibles | Large Cap Blend |
| Inception | Mar 27, 2015 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 27, 2015 to Sep 10, 2026 (11.5 years).
CCD vs VXUS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.5 years both funds cover.
CCD vs VXUS Performance
Calamos Dynamic Convertible and Income Fund (CCD) is an ETF from Calamos Investments and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year CCD returned +26.14% while VXUS returned +22.44%. Year to date, CCD is up 20.41% versus a gain of 13.35% for VXUS.
Over three years, CCD compounded at +17.84% per year against +19.44% for VXUS; over five years the annualized figures are +4.58% and +8.82% respectively. Across the full 12-year window we track, VXUS has the edge at +6.29% annualized vs +4.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CCD has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 14.9% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -60.9% for CCD and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CCD charges 2.10% per year while VXUS charges 0.05%. On a $10,000 position that is $210 vs $5 annually, a gap of $205 per year that compounds over a long holding period. On income, CCD currently yields 4.13% against 2.51% for VXUS.
Holdings Overlap
We hold position weights for 337 holdings in CCD and 8,091 in VXUS, totalling 88.9% and 87.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 16 positions appear in both.
The two holdings books were reported 150 days apart, CCD as of Jan 31, 2026 and VXUS as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
16 positions in common, counted across the 337 positions we hold weights for in CCD and 8,091 in VXUS, against full books of 612 and 8,747.
Top Shared Holdings
| Stock | Weight in CCD | Weight in VXUS | Difference |
|---|---|---|---|
| 9988:HKAlibaba Group Holding Limited Ordinary Shares | 1.99% | 0.49% | 1.50% |
| BILLBill.Com Holdings, Inc. Common Stock | 0.76% | 0.00% | 0.76% |
| EFR:CAEnergy Fuels Inc/Canada | 0.70% | 0.01% | 0.69% |
| ENB:CAEnbridge Inc. | 0.02% | 0.26% | 0.24% |
| UMG:ASUniversal Music Group N.V. Universal Music Group N V | 0.02% | 0.05% | 0.03% |
| CHP.U:CAChoice Properties Reit | 0.05% | 0.01% | 0.04% |
| BDRBF:CABombardier Inc | 0.02% | 0.04% | 0.02% |
| CLW:AUCharter Hall Long Wale Reit | 0.05% | 0.00% | 0.05% |
| HBANHuntington Bancshares Inc./Oh | 0.01% | 0.04% | 0.03% |
| CS:CACapstone Copper Corp | 0.03% | 0.01% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of CCD and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CCD or VXUS?
CCD has an expense ratio of 2.10% while VXUS charges 0.05%. VXUS is the cheaper option, by $205 a year on a $10,000 investment.
Which performed better, CCD or VXUS?
Over the past year CCD returned +26.14% vs +22.44% for VXUS, so CCD leads on 1-year performance. Over the longest common window we track (12 years), CCD annualized +4.58% vs +6.29% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CCD or VXUS?
CCD has been the more volatile fund at 21.0% annualized versus 14.9% for VXUS. Worst drawdown: CCD -60.9% vs VXUS -39.9%.
Should I hold both CCD and VXUS?
CCD and VXUS have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CCD or VXUS?
CCD yields 4.13% while VXUS yields 2.51%, so CCD currently pays the higher dividend yield.
Is VXUS better than CCD?
VXUS has a lower expense ratio. CCD led over 1Y, VXUS over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.