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Launched · SEC filings

Calvert US Mid-Cap Core Responsible Index ETF

CVMCNYSE ArcaEaton VanceB

$76.20+0.68 (+0.90%)

As of Nov 2, 2026, 3:59 PM ET

B63/ 100

Rank 22 of 48 in US ESG & Values Index

B63/100Rank 22 of 48inUS ESG & Values Index
Intraday session: up, 78 prints from 75.52 to 76.20. Range 76.11 to 76.55. Use the arrow keys to read each point.75.8076.0076.4076.6010 AM12 PM2 PM4 PM
Expense ratio
0.15%
Fund size
$113M
1Y total return
+20.8%
Yield · Last 12 months
1.19%
Holdings
595
Avg volume · 30D
5.37K sh
52W range
low $60.95high $78.97
Launched
Filings
SEC EDGAR

The ETF.net CVMC Grade

B

Score 63 out of 100

Category
US ESG & Values Index⁠
Rank
22 of 48
Six-pillar profile for CVMC. Scores out of 100: Cost 68, Risk 50, Mission 85, Tradability 30, Holdings 83, Durability 38. Strongest: Mission (85). Weakest: Tradability (30). Leans toward Mission and Holdings.

Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B68 out of 100
    Rank 14 of 48

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A85 out of 100
    Rank 27 of 43

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C50 out of 100
    Rank 24 of 48

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D30 out of 100
    Rank 40 of 48

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A83 out of 100
    Rank 3 of 48

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D38 out of 100
    Rank 39 of 48

Our read on CVMC

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jan 30, 2023

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

Not enough history yet.Not enough history yet.
CVMC$12,082
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. CVMC $12,082. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 CVMC. Periods over one year show the average yearly return.
PeriodCVMC
Year to date+18.8%
1 month+3.5%
3 months−0.1%
1 year+20.8%
3 yearsper year+20.5%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 CVMC
YearReturn barCVMC
2026 YTD+18.8%
2025+9.5%
2024+12.6%
2023+4.4%

History from Feb 1, 2023

CVMC in the news

CVMC 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 Oct 30, 2026.
1.19%Last 12 months
Payout per share
$0.90Last 12 months
Last payment
$0.24 per share
Paid 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 $0.15; Sep 18, 2023 $0.14; Dec 18, 2023 $0.15; Mar 18, 2024 $0.11; Jun 24, 2024 $0.18; Sep 23, 2024 $0.17; Dec 23, 2024 $0.26; Mar 24, 2025 $0.18; Jun 23, 2025 $0.19; Sep 22, 2025 $0.23; Dec 23, 2025 $0.29; Mar 23, 2026 $0.16; Jun 22, 2026 $0.22; Sep 21, 2026 $0.24. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.24
Jun 22, 2026Jun 26, 2026$0.22
Mar 23, 2026Mar 27, 2026$0.16
Dec 23, 2025Dec 30, 2025$0.29
Sep 22, 2025Sep 26, 2025$0.23
Jun 23, 2025Jun 27, 2025$0.19
Mar 24, 2025Mar 28, 2025$0.18
Dec 23, 2024Dec 27, 2024$0.26
Sep 23, 2024Sep 27, 2024$0.17
Jun 24, 2024Jun 28, 2024$0.18
Mar 18, 2024Mar 22, 2024$0.11
Dec 18, 2023Dec 22, 2023$0.15

See all 15 payments⁠

$10,000 in CVMC 3 years ago paid $507 in dividends.⁠

CVMC Risk

Risk pillarC50 out of 100Rank 24 of 48 in US ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
15.0%
Annualised · 36 months to Oct 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.
1.03
vs 3-month T-bills · to Oct 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.
−22.5%
44 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.
1.07
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.

FMP measures it over up to five years of monthly returns.

CVMC Cost

Compare CVMC and USCL

Overpaying vs USCL, tied cheapest in US ESG & Values Index

$1,448

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CVMC 0.15%

    $3,137

  • USCL 0.08% Tied cheapest

    $1,689

$10,000
30 years

Cost over time

  • CVMC 0.15%
  • USCL 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530CVMC $3,137USCL $1,689

Year by year

YearCVMCUSCLOverpaying
10$274$147$127
20$1,071$575$496
30$3,137$1,689$1,448

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