Calamos Convertible Equity Alternative ETF (CVRT) belongs to the Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CVRT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CVRT
CVRT charges 0.69% annually. There are 3 ETFs in the Convertible Bonds category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Convertible Bond ETF | 0.20% | 7.19B | Jun 2015 | CVRT vs ICVT | |
| SPDR Bloomberg Barclays Convertible Securities ETF | 0.40% | 5.57B | Apr 2009 | CVRT vs CWB | |
| Advent Convertible Bond ETF | 0.65% | 30.82M | Apr 2025 | CVRT vs ACVT | |
| First Trust SSI Strategic Convertible Securities E... | 0.95% | 100.83M | Nov 2015 | CVRT vs FCVT |
Best Risk-Adjusted Alternatives to CVRT
CVRT has a PortfoliosLab risk / return rank of 83. No ETFs in the Convertible Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 68.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Convertible Bond ETF | 68 | 7.19B | Jun 2015 | CVRT vs ICVT | |
| SPDR Bloomberg Barclays Convertible Securities ETF | 62 | 5.57B | Apr 2009 | CVRT vs CWB | |
| First Trust SSI Strategic Convertible Securities E... | 61 | 100.83M | Nov 2015 | CVRT vs FCVT | |
| Advent Convertible Bond ETF | 57 | 30.82M | Apr 2025 | CVRT vs ACVT |
Top Performing CVRT Alternatives (YTD)
CVRT is at 27.81% YTD. No ETFs in the Convertible Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 17.80%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Convertible Bond ETF | 17.80% | 7.19B | Jun 2015 | CVRT vs ICVT | |
| First Trust SSI Strategic Convertible Securities E... | 17.32% | 100.83M | Nov 2015 | CVRT vs FCVT | |
| SPDR Bloomberg Barclays Convertible Securities ETF | 16.87% | 5.57B | Apr 2009 | CVRT vs CWB | |
| Advent Convertible Bond ETF | 6.40% | 30.82M | Apr 2025 | CVRT vs ACVT |
Lowest Volatility Alternatives to CVRT
CVRT has 24.06% 1-year volatility. There are 4 ETFs in the Convertible Bonds category with lower 1-year volatility, going as low as 5.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advent Convertible Bond ETF | 5.93% | 30.82M | Apr 2025 | CVRT vs ACVT | |
| SPDR Bloomberg Barclays Convertible Securities ETF | 16.67% | 5.57B | Apr 2009 | CVRT vs CWB | |
| iShares Convertible Bond ETF | 17.26% | 7.19B | Jun 2015 | CVRT vs ICVT | |
| First Trust SSI Strategic Convertible Securities E... | 19.20% | 100.83M | Nov 2015 | CVRT vs FCVT |
Lowest Drawdown Alternatives to CVRT
CVRT has a 1-year max drawdown of -15.77%. There are 4 ETFs in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -4.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advent Convertible Bond ETF | -4.81% | 30.82M | Apr 2025 | CVRT vs ACVT | |
| SPDR Bloomberg Barclays Convertible Securities ETF | -11.08% | 5.57B | Apr 2009 | CVRT vs CWB | |
| iShares Convertible Bond ETF | -11.65% | 7.19B | Jun 2015 | CVRT vs ICVT | |
| First Trust SSI Strategic Convertible Securities E... | -13.87% | 100.83M | Nov 2015 | CVRT vs FCVT |
Other ETFs from Calamos
The 10 most viewed Calamos ETFs shown here include CAIE, CPSM, CAIQ and span 8 categories. AUM among these funds goes as high as $1B.
Often Compared With CVRT
Investors most often compare CVRT with CICVX, SROI, JEPQ. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare CVRT with Any Fund or Stock
Compare CVRT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CVRT with funds that move differently
Calamos Convertible Equity Alternative ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CVRT.
Explore CVRT Diversifiers