CVRT vs VTI
Calamos Convertible Equity Alternative ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, CVRT or VTI?
Convertibles against Large Cap Blend.
VTI has a lower expense ratio. CVRT led over 1Y, 3Y 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 | CVRT | VTI |
|---|---|---|
| Expense Ratio | 0.69% | 0.03%Best |
| AUM | $42M | $666.9B |
| Dividend Yield | 1.55% | 1.03% |
| Holdings | 105 | 3,543 |
| YTD Return | +19.43%Best | +12.25% |
| 1Y Return | +30.23%Best | +15.74% |
| 3Y Return (annualized) | +25.85%Best | +22.45% |
| 5Y Return (annualized) | - | +12.32% |
| Volatility (annualized) | 18.9% | 12.8%Best |
| Max Drawdown | -20.9% | -19.3%Best |
| $10,000 over 3 years | $19,932Best | $18,518 |
| Fund Family | Calamos Asset Management | Vanguard (US) |
| Category | Convertible | Equity |
| Style | Convertibles | Large Cap Blend |
| Inception | Oct 4, 2023 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 4, 2023 to Sep 29, 2026 (3 years).
CVRT vs VTI 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 3 years both funds cover.
CVRT vs VTI Performance
Calamos Convertible Equity Alternative ETF (CVRT) is an ETF from Calamos Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year CVRT returned +30.23% while VTI returned +15.74%. Year to date, CVRT is up 19.43% versus a gain of 12.25% for VTI.
Over three years, CVRT compounded at +25.85% per year against +22.45% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CVRT has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 12.8% for VTI. 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 -20.9% for CVRT and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CVRT charges 0.69% per year while VTI charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, CVRT currently yields 1.55% against 1.03% for VTI.
Holdings Overlap
At least 4.5% of VTI's money is in holdings CVRT also owns.
Stated as a floor: for CVRT, our book for it covers 84.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VTI and CVRT share little of their money.
69 positions in common, counted across the 88 positions we hold weights for in CVRT and 3,463 in VTI, against full books of 105 and 3,543.
Top Shared Holdings
| Stock | Weight in CVRT | Weight in VTI | Difference |
|---|---|---|---|
| GOOGAlphabet Inc | 5.08% | 2.31% | 2.77% |
| LITELumentum Holdings Inc | 3.31% | 0.08% | 3.23% |
| ORCLOracle Corp - Common | 2.56% | 0.31% | 2.25% |
| MKSIMks Instruments Inc | 2.26% | 0.03% | 2.23% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 2.10% | 0.02% | 2.08% |
| NEENextera Energy Inc | 1.29% | 0.25% | 1.04% |
| WELLWelltower, Inc. | 1.30% | 0.23% | 1.07% |
| AKAMAkamai Technologies Inc. | 1.44% | 0.02% | 1.42% |
| ALBAlbemarle Corp. | 1.44% | 0.02% | 1.42% |
| MCHPMicrochip Technology Inc. | 1.32% | 0.06% | 1.26% |
You are not choosing between two funds in isolation.
Whichever of CVRT and VTI 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, CVRT or VTI?
CVRT has an expense ratio of 0.69% while VTI charges 0.03%. VTI is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, CVRT or VTI?
Over the past year CVRT returned +30.23% vs +15.74% for VTI, so CVRT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CVRT or VTI?
CVRT has been the more volatile fund at 18.9% annualized versus 12.8% for VTI. Worst drawdown: CVRT -20.9% vs VTI -19.3%.
Should I hold both CVRT and VTI?
CVRT and VTI have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CVRT and VTI?
At least 4.5% of VTI's money is in holdings CVRT also owns. Our book for CVRT is partial, so the real figure is this or higher. They hold 69 positions in common, counted across the 88 positions we hold weights for in CVRT and 3,463 in VTI.
Which pays a higher dividend, CVRT or VTI?
CVRT yields 1.55% while VTI yields 1.03%, so CVRT currently pays the higher dividend yield.
Is VTI better than CVRT?
VTI has a lower expense ratio. CVRT led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.