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CDEI

GradeBNew York Stock Exchange Arca

Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF

Factor & Screened Index · Eaton Vance · Inception 2023-01-30

$93.91−0.76 (−0.80%)

As of Sep 23, 2026, 2:25 PM EDT

History starts Feb 1, 2023.
Intraday session: down, 30 prints from 94.67 to 93.91. Range 93.91 to 94.67. Use the arrow keys to read each point.$94.20$94.40$94.6010 AM12 PM2 PM4 PM
Expense ratio
0.14%
Fund size
$19M
1Y return
+20.3%
Yield · Last 12 months
0.94%
Volume · 30D
0M sh
NAV per share
$94.62
52W range
low $75.45high $95.12

The ETF.net CDEI Grade

B

62/ 100

Rank 26 of 48 in US ESG & Values Index

Confidence High

Six-pillar profile for CDEI. Scores out of 100: Cost 77, Risk 61, Mission 96, Tradability 18, Holdings 30, Durability 14. Strongest: Mission (96). Weakest: Durability (14). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 77
    Category rank12/48 · top 25%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 96
    Category rank19/43 · top 44%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 61
    Category rank11/48 · top 23%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 18
    Category rank44/48 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 30
    Category rank44/48 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 14
    Category rank46/48 · bottom quartile

Graded as of Sep 22, 2026

Our read on CDEI

ETF.net Research

BLarge-cap core with a conscience clause. Calvert measures itself against the Russell 1000 and applies a diversity-and-inclusion screen on top, at a price line with what a plain large-cap index fund costs.

Stated mandate

The fund aims to track the performance of the Russell 1000 Index.

Why people hold it

  1. 01Charges 0.14% a year: right at the median for large-cap index funds and a shade under the 0.15% on IWB, which cites the same declared index.
  2. 02The diversity-and-inclusion screen is the product, not a sticker. It sits in the fund's name and mandate, with the Russell 1000 as the stated reference index.
  3. 03Broad US large-cap equity exposure rather than a narrow thematic slice, and it distributes quarterly.
  4. 04Run by Eaton Vance under the Calvert banner, a responsible-investing name rather than a one-off launch from an unknown shop.

Worth knowing

  1. 01Assets are small and the shares trade thinly, which can mean wider bid-ask spreads than the household-name large-cap index funds.
  2. 02The screen costs a few basis points: unscreened large-cap core rivals such as VONE (0.06%) and SCHX (0.03%) sit well below CDEI's 0.14%.
  3. 03Launched in 2023, so the track record is short next to large-cap index funds with decades behind them.

CDEI Holdings

As of Sep 20, 2026, 7:25 AM
Asset class
Stocks
Holdings
Top-10 weight
49%
Largest holding
NVDA9.2%

Sectors

  • Technology43.2%
  • Financials16.5%
  • Health Care12.5%
  • Communication9.9%
  • Industrials6.4%
  • Cons. Staples3.8%
  • Consumer Discr.3.3%
  • Real Estate2.2%
  • Utilities1.5%
  • Energy0.4%
  • Materials0.2%

Geography

  • United States98.55%
  • Ireland1.20%
  • United Kingdom0.16%
  • Bermuda0.09%
The fund’s holdings, weight-ordered — page 1 of 16.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP COMMON STOCK9.17%7,714$2M828
002AAPLAPPLE INC COMMON STOCK8.90%4,951$2M707
003MSFTMICROSOFT CORP COMMON7.12%2,694$1M792
004GOOGLALPHABET INC-CL A -7.01%3,747$1M704
005JPMJPMORGAN CHASE & CO3.55%1,900$664K478
006LLYELI LILLY AND COMPANY3.37%546$629K569
007AMDADVANCED MICRO DEVICES3.36%1,121$628K618
008VVISA INC COMMON STOCK USD2.52%1,279$471K550
009ABBVABBVIE INC COMMON STOCK1.92%1,362$360K511
010INTCINTEL CORP COMMON STOCK1.90%3,279$356K492
011MAMASTERCARD INC COMMON1.89%625$353K512
012CSCOCISCO SYSTEMS INC COMMON1.78%3,037$333K567
013BACBANK OF AMERICA CORP1.69%5,466$316K440
014MRKMERCK & CO INC COMMON1.50%1,904$280K506
015LRCXLAM RESEARCH CORP COMMON1.48%962$277K591

Showing 1–15 of 233 holdings

CDEI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CDEI$12,031
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CDEI $12,031. SPY $11,723. Use the arrow keys to read each point.$9,329$10,795$12,261Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CDEI. Periods over one year show the average yearly return.
PeriodCDEI
Year to date+15.3%
1 month+0.9%
3 months+5.7%
1 year+20.3%
3 years+21.5%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CDEI
YearReturn barCDEI
2026 YTD+15.3%
2025+16.6%
2024+18.7%
2023+20.4%

History from Feb 1, 2023

CDEI in the news

ETF.net Research hasn’t filed on CDEI yet — coverage lands here as it’s written.

CDEI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.94%Last 12 months
Payout per share
$0.89Last 12 months
Upcoming payment
$0.23 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 15 payments from 2023 to 2026 YTD. Mar 20, 2023 $0.09; Jun 20, 2023 $0.17; Sep 18, 2023 $0.20; Dec 18, 2023 $0.26; Mar 18, 2024 $0.20; Jun 24, 2024 $0.23; Sep 23, 2024 $0.21; Dec 23, 2024 $0.23; Mar 24, 2025 $0.18; Jun 23, 2025 $0.18; Sep 22, 2025 $0.24; Dec 23, 2025 $0.27; Mar 23, 2026 $0.18; Jun 22, 2026 $0.20; Sep 21, 2026 $0.23. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Pays Sep 25, 2026$0.23
Jun 22, 2026Jun 26, 2026$0.20
Mar 23, 2026Mar 27, 2026$0.18
Dec 23, 2025Dec 30, 2025$0.27
Sep 22, 2025Sep 26, 2025$0.24
Jun 23, 2025Jun 27, 2025$0.18
Mar 24, 2025Mar 28, 2025$0.18
Dec 23, 2024Dec 27, 2024$0.23
Sep 23, 2024Sep 27, 2024$0.21
Jun 24, 2024Jun 28, 2024$0.23
Mar 18, 2024Mar 22, 2024$0.20
Dec 18, 2023Dec 22, 2023$0.26

CDEI Risk

How much the fund’s monthly returns vary, scaled to a year.
12.8%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.11
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−19.5%
43 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.98
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CDEI Cost

Expense ratio0.14%
  • The middle half of US ESG & Values Index funds
  • Median 0.23%

12 of the 48 US ESG & Values Index funds charge less.

CDEI costs $14.00 a year on $10,000. The median US ESG & Values Index fund costs $22.50.