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ACVT vs FCVT

Advent Convertible Bond ETF

ACVTCNYSE Arca

First Trust SSI Strategic Convertible Securities ETF

FCVTCNasdaq

Overlap

No data

Expense ratio

ACVT −0.30pt a year

ACVT0.65%FCVT0.95%

Avg volume · 30D

FCVT 5.8×the volume

ACVT5.09KFCVT29.5K

ACVT vs FCVT Performance

Oct 31, 2025 – Oct 30, 2026

+5.2%ACVT+2.4%FCVT

Oct 31, 2025 to Oct 30, 2026. ACVT +5.2%. FCVT +2.4%. Use the arrow keys to read each point.−5%10%15%20%25%Oct 2025Apr 2026Oct 2026
Expense ratio
ACVT 0.65%, better
FCVT 0.95%
Fund size
ACVT $43M
FCVT $78M
1Y total return
ACVT +5.2%, better
FCVT +2.4%
Yield (12M)
ACVT 1.66%, better
FCVT 1.21%
Holdings
ACVT 63
FCVT 124
Avg volume (30D)
ACVT 5.09K sh
FCVT 29.5K sh, better
NAV per share
ACVT $27.70
FCVT $44.85
52W range

ETF.net Grade

ACVT: Cost 56, Risk 79, Mission 30, Tradability 32, Holdings 67, Durability 49. FCVT: Cost 8, Risk 37, Mission 100, Tradability 46, Holdings 65, Durability 67.
Pillar letters and Scores for ACVT, FCVT, with each pillar’s weight
PillarACVTFCVT
Cost30% weightB56HigherF8
Mission25% weightD30A100Higher
Risk15% weightA79HigherD37
Tradability15% weightD32C46Higher
Holdings10% weightB67HigherB65
Durability5% weightC49B67Higher

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 FCVT 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 ›

ACVT ranks 4th and FCVT 5th 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
  6. Rank 6CMCVTMiller Convertible Total Return ETFScore 43

Our read on each fund

ETF.net Research

ACVTCAdvent Convertible Bond ETF

FCVTCFirst Trust SSI Strategic Convertible Securities ETF

In short

ACVT No data

FCVT Convertibles are a hybrid, quirky corner of the bond market, and this one hands the keys to a Los Angeles boutique that specializes in them. Active, global, no index to hug since 2015. Specialist judgment is the whole pitch, and you pay up for it.

Stated mandate

ACVT No data

FCVT The fund is actively managed and seeks total return by investing at least 80% of net assets in a diversified portfolio of U.S. and non-U.S. convertible securities under normal market conditions.

Why people hold it

ACVT No data

  • FCVT No index to follow. First Trust farms security selection out to SSI Investment Management, a Los Angeles firm built around convertible assets, equities and hedging strategies.sec.gov
  • Global by mandate: at least 80% of net assets in U.S. and non-U.S. convertible securities, with total return as the stated objective rather than income alone.ftportfolios.com
  • The prospectus also permits synthetic convertibles (an income piece plus a conversion component), so the manager can build hybrid exposure where no traditional convertible exists.ftportfolios.com
  • Live since 2015 with a diversified book of roughly 130 positions and monthly distributions.

Worth knowing

ACVT No data

  • FCVT That specialist team costs 0.95% a year, above the convertibles group median and several times index rivals ICVT (0.20%) and CWB (0.40%).
  • Thinly traded next to the category's index heavyweights, which tends to mean wider spreads and more care needed on sizable orders.
  • Convertibles track their underlying stocks, so this behaves more like equity risk than a plain bond fund, and synthetic positions add counterparty exposure.ftportfolios.com

Full ACVT profile⁠

Full FCVT profile⁠

ACVT vs FCVT 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 FCVT Cost

Overpaying FCVT vs ACVT

$5,152

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

  • ACVT 0.65%

    $12,717

  • FCVT 0.95%

    $17,869

$10,000
30 years

Cost over time

  • ACVT 0.65%
  • FCVT 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FCVT $17,869ACVT $12,717

Year by year

YearACVTFCVTOverpaying
10$1,163$1,678$515
20$4,440$6,322$1,882
30$12,717$17,869$5,152

Expense ratio

  • 0.65%ACVT, cheaper
  • 0.95%FCVT
  • Middle half of Convertible Bond funds
  • Median 0.69%

ACVT 3rd cheapest of 7 funds

FCVT 7th cheapest of 7 funds

ACVT vs FCVT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ACVT 1.66%, better
FCVT 1.21%
Payout (12M)
ACVT $0.46
FCVT $0.54
Last payment
ACVT $0.03
FCVT $0.05
Ex-dividend
ACVT Oct 27, 2026
FCVT Oct 21, 2026
Paid on
ACVT Oct 28, 2026
FCVT Oct 30, 2026
Frequency
ACVT Monthly
FCVT 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
FCVTMonthly · 46 paymentsAll FCVT payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 24, 2023 $0.04; Feb 22, 2023 $0.04; Mar 24, 2023 $0.04; Apr 21, 2023 $0.04; May 23, 2023 $0.04; Jun 27, 2023 $0.04; Jul 21, 2023 $0.04; Aug 22, 2023 $0.04; Sep 22, 2023 $0.04; Oct 24, 2023 $0.04; Nov 21, 2023 $0.04; Dec 22, 2023 $0.15; Jan 23, 2024 $0.04; Feb 21, 2024 $0.04; Mar 21, 2024 $0.04; Apr 23, 2024 $0.04; May 21, 2024 $0.04; Jun 27, 2024 $0.04; Jul 23, 2024 $0.04; Aug 21, 2024 $0.04; Sep 26, 2024 $0.04; Oct 22, 2024 $0.04; Nov 21, 2024 $0.04; Dec 13, 2024 $0.04; Jan 22, 2025 $0.09; Feb 21, 2025 $0.09; Mar 27, 2025 $0.09; Apr 22, 2025 $0.09; May 21, 2025 $0.10; Jun 26, 2025 $0.10; Jul 22, 2025 $0.08; Aug 21, 2025 $0.05; Sep 25, 2025 $0.05; Oct 21, 2025 $0.05; Nov 21, 2025 $0.05; Dec 12, 2025 $0.05; Jan 21, 2026 $0.05; Feb 20, 2026 $0.05; Mar 26, 2026 $0.05; Apr 21, 2026 $0.05; May 21, 2026 $0.05; Jun 25, 2026 $0.05; Jul 21, 2026 $0.05; Aug 21, 2026 $0.05; Sep 24, 2026 $0.05; Oct 21, 2026 $0.05. Use the arrow keys to read each point.$0$0.1020232026YTD

ACVT vs FCVT 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 2025FCVT 15.5%
Return per unit of riskSharpe ratio, 3 years
ACVT 0.78since May 2025FCVT 0.81
Worst fallMax drawdown, 5 years
ACVT −4.8%since Apr 2025FCVT −30.5%
Market sensitivityBeta, 5 years
ACVT 0.44FCVT 1.25

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.

  • FCVTCvsICVTA

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

    Expense ratio
    0.95% · 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.

  • FCVTCvsCWBA

    First Trust SSI Strategic Convertible Securities ETF · State Street SPDR Bloomberg Convertible Securities ETF

    Expense ratio
    0.95% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ACVTCvsCVRTC

    Advent Convertible Bond ETF · Calamos Convertible Equity Alternative ETF

    Expense ratio
    0.65% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FCVTCvsCVRTC

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

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