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ACVT vs CVRT

Advent Convertible Bond ETF

ACVTCNYSE Arca

Calamos Convertible Equity Alternative ETF

CVRTCNYSE Arca

Overlap

No data

Expense ratio

ACVT −0.04pt a year

ACVT0.65%CVRT0.69%

Avg volume · 30D

CVRT 1.7×the volume

ACVT5.09KCVRT8.87K

ACVT vs CVRT Performance

Oct 31, 2025 – Oct 30, 2026

+5.2%ACVT+14.2%CVRT

Oct 31, 2025 to Oct 30, 2026. ACVT +5.2%. CVRT +14.2%. Use the arrow keys to read each point.0%20%30%40%Oct 2025Apr 2026Oct 2026
Expense ratio
ACVT 0.65%, better
CVRT 0.69%
Fund size
ACVT $43M
CVRT $37M
1Y total return
ACVT +5.2%
CVRT +14.2%, better
Yield (12M)
ACVT 1.66%, better
CVRT 1.65%
Holdings
ACVT 63
CVRT 93
Avg volume (30D)
ACVT 5.09K sh
CVRT 8.87K sh, better
NAV per share
ACVT $27.70
CVRT $43.32
52W range

ETF.net Grade

ACVT: Cost 56, Risk 79, Mission 30, Tradability 32, Holdings 67, Durability 49. CVRT: Cost 44, Risk 33, Mission 91, Tradability 29, Holdings 37, Durability 50.
Pillar letters and Scores for ACVT, CVRT, with each pillar’s weight
PillarACVTCVRT
Cost30% weightB56HigherC44
Mission25% weightD30A91Higher
Risk15% weightA79HigherD33
Tradability15% weightD32HigherD29
Holdings10% weightB67HigherD37
Durability5% weightC49C50Higher

Rank among Convertible Bond funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ACVT and CVRT are both graded against the same 7 Convertible Bond funds, so their Grades compare head to head.

Convertible Bond⁠

Category · 7 funds
See all 7 ›

CVRT ranks 3rd and ACVT 4th of 7 funds in the Convertible Bond Category.

  1. Rank 1AICVTiShares Convertible Bond ETFScore 83
  2. Rank 2ACWBState Street SPDR Bloomberg Convertible Securities ETFScore 78
  3. Rank 3CCVRTCalamos Convertible Equity Alternative ETFScore 51
  4. Rank 4CACVTAdvent Convertible Bond ETFScore 50
  5. Rank 5CFCVTFirst Trust SSI Strategic Convertible Securities ETFScore 49

Our read on each fund

ETF.net Research

ACVTCAdvent Convertible Bond ETF

CVRTCCalamos Convertible Equity Alternative ETF

In short

ACVT No data

CVRT Convertible bonds that act like stocks. CVRT owns the equity-sensitive end of the US convertibles market, actively run by a firm that has specialized in converts for four decades.

Stated mandate

ACVT No data

CVRT The Fund seeks total return through capital appreciation and current income.

Why people hold it

ACVT No data

  • CVRT Convertible funds usually blend bond-like and stock-like issues. CVRT targets the high-delta end only (reference index: above 0.65 delta), keeping the equity link front and center.calamos.com
  • Calamos pioneered convertible investing decades before ETFs existed. CVRT, launched in 2023, was the firm's first convertibles ETF.prnewswire.com
  • Rules with a human hand: at least 80% of net assets in convertibles, chosen by a proprietary model plus fundamental inputs, with regular rebalancing to hold the exposure.calamos.com
  • A compact book of roughly 60 convertibles, disclosed daily, that distributes monthly.

Worth knowing

ACVT No data

  • CVRT Specialist pricing: 0.69% a year, a touch above the median for actively managed US equity funds.
  • Thinly traded, so spreads can run wider than on a mainstream index fund.
  • Two risks in one wrapper: high-delta converts track their issuers' shares closely and still carry the credit risk of the underlying bond.calamos.com

Full ACVT profile⁠

Full CVRT profile⁠

ACVT vs CVRT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ACVT vs CVRT Cost

Overpaying CVRT vs ACVT

$712

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

  • ACVT 0.65%

    $12,717

  • CVRT 0.69%

    $13,429

$10,000
30 years

Cost over time

  • ACVT 0.65%
  • CVRT 0.69%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530CVRT $13,429ACVT $12,717

Year by year

YearACVTCVRTOverpaying
10$1,163$1,232$69
20$4,440$4,697$257
30$12,717$13,429$712

Expense ratio

  • 0.65%ACVT, cheaper
  • 0.69%CVRT
  • Middle half of Convertible Bond funds
  • Median 0.69%

ACVT 3rd cheapest of 7 funds

CVRT 4th cheapest of 7 funds

ACVT vs CVRT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ACVT 1.66%, better
CVRT 1.65%
Payout (12M)
ACVT $0.46
CVRT $0.71
Last payment
ACVT $0.03
CVRT $0.08
Ex-dividend
ACVT Oct 27, 2026
CVRT Oct 1, 2026
Paid on
ACVT Oct 28, 2026
CVRT Oct 8, 2026
Frequency
ACVT Monthly
CVRT Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

ACVTMonthly · 18 paymentsAll ACVT payments⁠
One bar per payment. 18 payments from 2023 to 2026 YTD. Jun 2, 2025 $0.03; Jul 1, 2025 $0.04; Aug 1, 2025 $0.04; Sep 2, 2025 $0.02; Oct 1, 2025 $0.04; Nov 3, 2025 $0.03; Dec 1, 2025 $0.04; Dec 30, 2025 $0.08; Jan 29, 2026 $0.04; Feb 26, 2026 $0.03; Mar 30, 2026 $0.04; Apr 28, 2026 $0.04; May 28, 2026 $0.03; Jun 29, 2026 $0.03; Jul 28, 2026 $0.03; Aug 27, 2026 $0.03; Sep 28, 2026 $0.03; Oct 27, 2026 $0.03. Use the arrow keys to read each point.$0$0.1020232026YTD
CVRTMonthly · 31 paymentsAll CVRT payments⁠
One bar per payment. 31 payments from 2023 to 2026 YTD. Dec 21, 2023 $0.09; Mar 1, 2024 $0.03; Apr 1, 2024 $0.06; May 1, 2024 $0.03; Jun 3, 2024 $0.05; Jul 1, 2024 $0.07; Aug 1, 2024 $0.06; Sep 3, 2024 $0.05; Nov 1, 2024 $0.03; Dec 2, 2024 $0.04; Dec 23, 2024 $0.03; Feb 3, 2025 $0.03; Mar 3, 2025 $0.04; Apr 1, 2025 $0.02; Jun 2, 2025 $0.03; Jul 1, 2025 $0.06; Aug 1, 2025 $0.06; Sep 2, 2025 $0.08; Oct 1, 2025 $0.08; Nov 3, 2025 $0.07; Dec 1, 2025 $0.07; Dec 23, 2025 $0.10; Feb 2, 2026 $0.04; Mar 2, 2026 $0.04; Apr 1, 2026 $0.04; May 1, 2026 $0.06; Jun 1, 2026 $0.05; Jul 1, 2026 $0.05; Aug 3, 2026 $0.05; Sep 1, 2026 $0.07; Oct 1, 2026 $0.08. Use the arrow keys to read each point.$0$0.1020232026YTD

ACVT vs CVRT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ACVT 5.9%since May 2025CVRT 19.3%
Return per unit of riskSharpe ratio, 3 years
ACVT 0.78since May 2025CVRT 1.04
Worst fallMax drawdown, 5 years
ACVT −4.8%since Apr 2025CVRT −20.7%since Oct 2023
Market sensitivityBeta, 5 years
ACVT 0.44CVRT 1.24

Popular comparisons

  • ACVTCvsICVTA

    Advent Convertible Bond ETF · iShares Convertible Bond ETF

    Expense ratio
    0.65% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CVRTCvsICVTA

    Calamos Convertible Equity Alternative ETF · iShares Convertible Bond ETF

    Expense ratio
    0.69% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ACVTCvsCWBA

    Advent Convertible Bond ETF · State Street SPDR Bloomberg Convertible Securities ETF

    Expense ratio
    0.65% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CVRTCvsCWBA

    Calamos Convertible Equity Alternative ETF · State Street SPDR Bloomberg Convertible Securities ETF

    Expense ratio
    0.69% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ACVTCvsFCVTC

    Advent Convertible Bond ETF · First Trust SSI Strategic Convertible Securities ETF

    Expense ratio
    0.65% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CVRTCvsFCVTC

    Calamos Convertible Equity Alternative ETF · First Trust SSI Strategic Convertible Securities ETF

    Expense ratio
    0.69% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.