Calvert Ultra-Short Investment Grade ETF
$50.53+0.03 (+0.06%)
- 0.24%
- $284M
- +3.8%
- 4.25%
- 39.7K sh
- low $50.40high $50.96
The ETF.net CVSB Grade
B
Score 55 out of 100
- 51 of 78
Score 55 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.F24 out of 100Rank 58 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 69Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 35 of 76Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D38 out of 100Rank 53 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A70 out of 100Rank 23 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 41 of 78
Our read on CVSB
In short
BParking cash usually means a plain-vanilla ultra-short bond fund. CVSB does that job through Calvert's responsible-investment criteria: an actively managed, investment-grade short-bond portfolio from the Morgan Stanley stable that pays monthly.
Stated mandate
The Fund seeks to maximize income while preserving capital through short-term bonds and other income-producing securities. Normally, at least 80% of net assets are invested in investment-grade short-term fixed, variable, and floating-rate securities.
Why people hold it
Worth knowing
CVSB Performance
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.
CVSB$10,379
Returns run to the Nov 9, 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 | CVSB |
|---|---|
| Year to date | +3.0% |
| 1 month | +0.4% |
| 3 months | +0.8% |
| 1 year | +3.8% |
| 3 years | +5.2% |
| 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 | CVSB |
|---|---|---|
| 2026 YTD | +3.0% | |
| 2025 | +4.9% | |
| 2024 | +6.2% | |
| 2023 | +5.4% |
CVSB in the news
CVSB Dividends
- 4.25%
- $2.15
- $0.19 per share
- Monthly
CVSB Risk
- 0.6%
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.
- 1.36
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.
- −0.6%
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.
- 0.05
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.
CVSB Cost
Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income
$4,321
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
CVSB 0.24%
$4,959
XHLF 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | CVSB | XHLF | Overpaying |
|---|---|---|---|
| 10 | $437 | $55 | $382 |
| 20 | $1,699 | $216 | $1,483 |
| 30 | $4,959 | $638 | $4,321 |
Other funds in Cash & Ultra-Short Income
- BVRIGInvesco Variable Rate Investment Grade ETFExpense ratio 0.30%1 year return +4.4%
- BBUXXStrive Enhanced Income Short Maturity ETFExpense ratio 0.26%1 year return +4.0%
- BEMNTPIMCO Enhanced Short Maturity Active ESG Exchange-Traded FundExpense ratio 0.24%1 year return +3.9%
- BHBILHARBOR SHORT TERM TREASURY ETFExpense ratio 0.10%1 year return
- BOPERClearShares Ultra-Short Maturity ETFExpense ratio 0.20%1 year return +3.8%
