Calvert US Mid-Cap Core Responsible Index ETF
$74.20−0.43 (−0.58%)
- Expense ratio
- 0.15%
- Fund size
- $112M
- 1Y return
- +19.1%
- Yield · Last 12 months
- 1.21%
- Volume · 30D
- 0M sh
- NAV per share
- $74.57
- 52W range
The ETF.net CVMC Grade
Score 63 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 70Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 86Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 30Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 83Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 35Category rank
Our read on CVMC
BMost mid-cap index funds buy the middle of the market and stop there. CVMC screens it first, tracking a Calvert-built responsible index of US mid-caps for 0.15% a year.
The Fund seeks to track the performance of the Calvert US Mid-Cap Core Responsible Index.
Why people hold it
- Follows Calvert's own responsible index (CALMID) instead of a generic mid-cap benchmark, so the screening lives in the index rules rather than in a manager's discretion.
- At 0.15% a year it charges the same as the typical fund in its US mid-cap peer group, so the values screen does not come with a premium price tag.
- Plain structure under the hood: a passive US mid-cap core stock basket in a standard 1940 Act fund, with no leverage, options overlay or exotic wrapper. It pays quarterly.
Worth knowing
- Thinly traded with a modest asset base, so bid-ask spreads can run wider than the giant mid-cap trackers, especially on larger tickets.
- Competitive on cost, but not the floor: VO and SCHM cover US mid-caps for 0.03%. The gap is the price of the responsible index.
- Launched in 2023, so its record is short next to mid-cap index funds that have been compounding through multiple market cycles.
CVMC Holdings
- Stocks
- —
- 6%
- MSILF GOVERNMENT
Sectors
- Industrials18.1%
- Technology17.6%
- Financials16.5%
- Health Care14.2%
- Consumer Discr.8.9%
- Real Estate7.7%
- Cons. Staples5.6%
- Utilities5.5%
- Materials3.0%
- Communication2.4%
- Energy0.4%
Geography
- United States96.69%
- United Kingdom0.90%
- Bermuda0.70%
- Ireland0.60%
- Switzerland0.39%
- Australia0.35%
- Sweden0.10%
- Netherlands0.10%
- 0.17%
CVMC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | CVMC |
|---|---|
| Year to date | +17.4% |
| 1 month | −3.9% |
| 3 months | +0.2% |
| 1 year | +19.1% |
| 3 years | +17.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CVMC |
|---|---|---|
| 2026 YTD | +17.4% | |
| 2025 | +9.5% | |
| 2024 | +12.6% | |
| 2023 | +4.4% |
CVMC in the news
ETF.net Research hasn’t filed on CVMC yet — coverage lands here as it’s written.
CVMC Dividends
- 1.21%
- $0.90
- $0.24 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.24 |
| Jun 22, 2026 | Jun 26, 2026 | $0.22 |
| Mar 23, 2026 | Mar 27, 2026 | $0.16 |
| Dec 23, 2025 | Dec 30, 2025 | $0.29 |
| Sep 22, 2025 | Sep 26, 2025 | $0.23 |
| Jun 23, 2025 | Jun 27, 2025 | $0.19 |
| Mar 24, 2025 | Mar 28, 2025 | $0.18 |
| Dec 23, 2024 | Dec 27, 2024 | $0.26 |
| Sep 23, 2024 | Sep 27, 2024 | $0.17 |
| Jun 24, 2024 | Jun 28, 2024 | $0.18 |
| Mar 18, 2024 | Mar 22, 2024 | $0.11 |
| Dec 18, 2023 | Dec 22, 2023 | $0.15 |
CVMC Risk
- 15.7%
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.
- 0.76
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.
- −22.5%
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.
- 1.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CVMC Cost
- The middle half of US ESG & Values Index funds
- Median 0.23%
13 of the 48 US ESG & Values Index funds charge less.