CVRT vs CWB
Calamos Convertible Equity Alternative ETF against State Street SPDR Bloomberg Convertible Securities ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
17%
57 shared positions
Fee gap
29 bp
CWB is cheaper
1-year return gap
12.7 pts
CVRT is ahead
Larger fund
CWB
$5.3B
Side by side
| CVRT | CWB | |
|---|---|---|
| Fund | Calamos Convertible Equity Alternative ETF | State Street SPDR Bloomberg Convertible Securities ETF |
| Issuer | Calamos | State Street SPDR |
| Category | Convertibles | Convertibles |
| Expense ratio | 0.69% | 0.40% |
| Assets | $61M | $5.3B |
| Average daily dollar volume | $236K | $70M |
| Listed | Oct 3, 2023 | Apr 14, 2009 |
| FrenzyCap score | 28 | 76 |
| 1-month return | −6.5% | −6.5% |
| 3-month return | −8.4% | −6.3% |
| Year to date | +16.0% | +8.4% |
| 1-year return | +16.9% | +4.2% |
| 30-day volatility | 20.3% | 16.3% |
| Worst drawdown, 1 year | −20.0% | −14.2% |
| Trailing 12-month yield | 1.61% | 1.64% |
| Holdings | 112 | 365 |
| Top 10 weight | 19.0% | 15.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$40M thru Jul 2026 | +$880M thru Jun 2026 |
| 30-day implied volatility | — | 20.8% |
| Holdings as of | as of Jul 31, 2026SEC filing | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
27% of CVRT · 17% of CWB| Holding | CVRT | CWB |
|---|---|---|
| BLOOM ENERGY CORP, due Nov 15, 2030 | 1.09% | 0.92% |
| WESTERN DIGITAL CORP 3%, due Nov 15, 2028 | 3.50% | 0.82% |
| SNOWFLAKE INC, due Oct 1, 2029 | 0.79% | 0.62% |
| SNOWFLAKE INC, due Oct 1, 2027 | 0.76% | 0.59% |
| MKS INC 1.25%, due Jun 1, 2030 | 0.99% | 0.55% |
| WELLTOWER OP LLC 2.75%, due May 15, 2028 | 0.72% | 0.55% |
| AKAMAI TECHNOLOGIES INC 0.25%, due May 15, 2033 | 0.86% | 0.52% |
| WELLTOWER OP LLC 3.13%, due Jul 15, 2029 | 0.66% | 0.52% |
| LIBERTY LIVE HLDNGS INC 2.38%, due Sep 30, 2053 | 0.68% | 0.49% |
| CYBERARK SOFTWARE LTD, due Jun 15, 2030 | 0.71% | 0.47% |
| MP MATERIALS CORP 3%, due Mar 1, 2030 | 0.61% | 0.43% |
| LIVE NATION ENTERTAINMEN 3.13%, due Jan 15, 2029 | 0.59% | 0.43% |
| EVERGY INC 4.5%, due Dec 15, 2027 | 0.55% | 0.41% |
| GUARDANT HEALTH INC 1.25%, due Feb 15, 2031 | 0.56% | 0.39% |
| FIRSTENERGY CORP 3.63%, due Jan 15, 2029 | 0.52% | 0.38% |
| SOFI TECHNOLOGIES INC 1.25%, due Mar 15, 2029 | 0.56% | 0.36% |
| INTERDIGITAL INC 3.5%, due Jun 1, 2027 | 0.52% | 0.36% |
| NEXTERA ENERGY CAPITAL 3%, due Mar 1, 2027 | 0.46% | 0.32% |
| TERAWULF INC 1%, due Sep 1, 2031 | 0.57% | 0.32% |
| FIRSTENERGY CORP 3.88%, due Jan 15, 2031 | 0.45% | 0.31% |
| ON SEMICONDUCTOR CORP, due May 1, 2027 | 0.44% | 0.31% |
| UGI CORP 5%, due Jun 1, 2028 | 0.34% | 0.28% |
| PPL CAPITAL FUNDING INC 2.88%, due Mar 15, 2028 | 0.39% | 0.27% |
| CIPHER DIGITAL INC, due Oct 1, 2031 | 0.74% | 0.26% |
| WEC ENERGY GROUP INC 4.38%, due Jun 1, 2027 | 0.34% | 0.26% |
Sector mix of the stock holdings
| Sector | CVRT | CWB | Gap |
|---|---|---|---|
| Technology | 8.7% | 0.0% | +8.7% |
| Other | 0.9% | 0.0% | +0.9% |
| Materials | 0.6% | 0.0% | +0.6% |
| Industrials | 0.2% | 0.0% | +0.2% |
| Health Care | 0.2% | 0.0% | +0.2% |
| Utilities | 0.2% | 0.0% | +0.2% |
More: full overlap table · CVRT holdings · CWB holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.