ICVT Alternatives & Similar ETFs

iShares Convertible Bond ETF (ICVT) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ICVT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ICVT

ICVT charges 0.20% annually. No ETFs in the Preferred Stock/Convertible Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
PFFD	Global X U.S. Preferred ETF	0.23%	2.17B	Sep 2017	ICVT vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	305.93M	Jun 2020	ICVT vs PFFV
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	35.16M	Mar 2026	ICVT vs EVPF
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	0.40%	6.40B	Apr 2009	ICVT vs CWB
PFXF	VanEck Vectors Preferred Securities ex Financials ...	0.41%	2.50B	Jul 2012	ICVT vs PFXF

Best Risk-Adjusted Alternatives to ICVT

ICVT has a PortfoliosLab risk / return rank of 84. No ETFs in the Preferred Stock/Convertible Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 84.

Symbol	Name	Risk / Return Rank	AUM	Inception
FCVT	First Trust SSI Strategic Convertible Securities E...	84	122.72M	Nov 2015	ICVT vs FCVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	80	6.40B	Apr 2009	ICVT vs CWB
NPFI	Nuveen Preferred And Income ETF	74	169.20M	Mar 2024	ICVT vs NPFI
CSPF	Cohen & Steers Preferred and Income Opportunities ...	70	65.77M	Feb 2025	ICVT vs CSPF
FPEI	First Trust Institutional Preferred Securities & I...	69	1.89B	Aug 2017	ICVT vs FPEI

Top Performing ICVT Alternatives (YTD)

ICVT is at 24.42% YTD. There is 1 ETF in the Preferred Stock/Convertible Bonds category with a higher YTD return, going as high as 24.74%.

Symbol	Name	YTD Return	AUM	Inception
FCVT	First Trust SSI Strategic Convertible Securities E...	24.74%	122.72M	Nov 2015	ICVT vs FCVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	22.11%	6.40B	Apr 2009	ICVT vs CWB
PFXF	VanEck Vectors Preferred Securities ex Financials ...	5.24%	2.50B	Jul 2012	ICVT vs PFXF
SPFF	Global X SuperIncome Preferred ETF	4.37%	143.01M	Jul 2012	ICVT vs SPFF
CSPF	Cohen & Steers Preferred and Income Opportunities ...	3.08%	65.77M	Feb 2025	ICVT vs CSPF

Lowest Volatility Alternatives to ICVT

ICVT has 15.68% 1-year volatility. There are 27 ETFs in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 2.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
VRP	Invesco Variable Rate Preferred ETF	2.90%	2.97B	May 2014	ICVT vs VRP
NPFI	Nuveen Preferred And Income ETF	2.95%	169.20M	Mar 2024	ICVT vs NPFI
FPFD	Fidelity Preferred Securities & Income ETF	2.98%	83.02M	Jun 2021	ICVT vs FPFD
CSSD	Cohen & Steers Short Duration Preferred and Income...	3.08%	17.00M	Dec 2025	ICVT vs CSSD
PREF	Principal Spectrum Preferred Secs Active ETF	3.11%	1.70B	Jul 2017	ICVT vs PREF

Lowest Drawdown Alternatives to ICVT

ICVT has a 1-year max drawdown of -7.55%. There are 23 ETFs in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -2.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
QTPI	North Square RCIM Tax-Advantaged Preferred and Inc...	-2.11%	74.29M	Dec 2024	ICVT vs QTPI
PFLD	AAM Low Duration Preferred and Income Securities E...	-2.23%	487.73M	Nov 2019	ICVT vs PFLD
FPFD	Fidelity Preferred Securities & Income ETF	-2.75%	83.02M	Jun 2021	ICVT vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	1.70B	Jul 2017	ICVT vs PREF
VRP	Invesco Variable Rate Preferred ETF	-2.89%	2.97B	May 2014	ICVT vs VRP

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $838B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.71%	95.28B	May 2020	ICVT vs SGOV
IBIT	iShares Bitcoin Trust ETF	Cryptocurrency	2	-28.88%	48.04B	Jan 2024	ICVT vs IBIT
IVV	iShares Core S&P 500 ETF	S&P 500	59	8.20%	837.93B	May 2000	ICVT vs IVV
SOXX	iShares Semiconductor ETF	Semiconductors, Technology Equities	95	100.58%	46.67B	Jul 2001	ICVT vs SOXX
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	14	0.77%	41.34B	Jul 2002	ICVT vs TLT
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	75	9.19%	41.89B	Jun 2014	ICVT vs DGRO
SLV	iShares Silver Trust	Silver, Precious Metals	31	-13.49%	32.53B	Apr 2006	ICVT vs SLV
IAU	iShares Gold Trust	Gold, Precious Metals	22	-4.73%	64.29B	Jan 2005	ICVT vs IAU
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	67	20.47%	81.35B	May 2000	ICVT vs IWM
ACWI	iShares MSCI ACWI ETF	Global Equities	58	9.86%	32.95B	Mar 2008	ICVT vs ACWI

Often Compared With ICVT

Investors most often compare ICVT with FCVSX, LKOR, SPY. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FCVSX	Fidelity Convertible Securities Fund	Preferred Stock/Convertible Bonds	41	23.80%	—	Jan 1987	ICVT vs FCVSX
LKOR	FlexShares Credit-Scored U.S. Long Corporate Bond ...	Corporate Bonds	23	1.27%	31.50M	Sep 2015	ICVT vs LKOR
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	ICVT vs SPY
JAAAX	John Hancock Funds Alternative Asset Allocation Fu...	Multistrategy	94	5.65%	—	Jan 2009	ICVT vs JAAAX
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	54	0.91%	6.35B	Feb 2013	ICVT vs FPE
GOLY	Strategy Shares Gold-Hedged Bond ETF	Nontraditional Bonds	6	-24.89%	122.76M	May 2021	ICVT vs GOLY
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	96	0.95%	—	Jul 2011	ICVT vs PRFRX
CVRT	Calamos Convertible Equity Alternative ETF	Convertible Bonds	92	36.17%	28.70M	Oct 2023	ICVT vs CVRT
CVD.TO	iShares Convertible Bond Index ETF	High Yield Bonds	35	4.20%	125.15M	Jun 2011	ICVT vs CVD.TO
FLXR	TCW Flexible Income ETF	Multisector Bonds	79	1.28%	2.31B	Nov 2018	ICVT vs FLXR
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	ICVT vs QQQ
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	Emerging Markets Bonds	60	2.18%	14.29B	Dec 2007	ICVT vs EMB
CCD	Calamos Dynamic Convertible and Income Fund		92	26.13%	—	—	ICVT vs CCD
TIPZ	PIMCO Broad US TIPS Index ETF	Inflation-Protected Bonds	30	1.90%	92.01M	Sep 2009	ICVT vs TIPZ
ECF	Ellsworth Growth and Income Fund Ltd.		88	17.43%	—	—	ICVT vs ECF
SCMBX	DWS Managed Municipal Bond Fund	Municipal Bonds	62	1.76%	—	Oct 1976	ICVT vs SCMBX
BSJP	Invesco BulletShares 2025 High Yield Corporate Bon...	High Yield Bonds	—	—	532.66M	Sep 2017	ICVT vs BSJP
WMT	Walmart Inc.		69	7.61%	—	—	ICVT vs WMT
MSTQX	Morningstar U.S. Equity Fund	Large Cap Blend Equities	2	4.35%	—	Nov 2018	ICVT vs MSTQX
UCIB	ETRACS CMCI Total Return ETN Series B	Commodities	27	17.40%	21.77M	Oct 2015	ICVT vs UCIB

Compare ICVT with Any Fund or Stock

Compare ICVT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair ICVT with funds that move differently

iShares Convertible Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ICVT.

Explore ICVT Diversifiers

iShares Convertible Bond ETF (ICVT) Alternatives