AAEQ vs. CVSE

Last updated Jun 4, 2026

AAEQ (Alpha Architect US Equity 2 ETF) and CVSE (Calvert US Select Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. AAEQ charges 0.15%/yr vs 0.29%/yr for CVSE.

Performance

AAEQ vs. CVSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect US Equity 2 ETF (AAEQ) and Calvert US Select Equity ETF (CVSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAEQ

• 1D: -0.75%
• 1M: 4.79%
• YTD: 8.91%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CVSE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 8.06%
• 3Y*: 13.34%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAEQ vs. CVSE - Yearly Performance Comparison

	2026 (YTD)	2025
AAEQ Alpha Architect US Equity 2 ETF	8.91%	-1.99%
CVSE Calvert US Select Equity ETF	0.00%	0.00%

AAEQ vs. CVSE - Sectors Allocation Comparison

Sectors	AAEQ	CVSE
Technology	35.9%	39.5%
Financial Services	11.8%	16.3%
Communication Services	11.7%	5.1%
Consumer Cyclical	10.3%	7.0%
Healthcare	8.6%	10.3%
Industrials	7.9%	11.3%
Consumer Defensive	4.4%	1.7%
Energy	3.8%	-
Utilities	2.4%	2.5%
Basic Materials	1.7%	2.7%
Real Estate	1.5%	3.5%

Return for Risk

AAEQ vs. CVSE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CVSE

CVSE Risk / Return Rank: 46
CVSE Sharpe Ratio Rank: 36
CVSE Sortino Ratio Rank: 37
CVSE Omega Ratio Rank: 67
CVSE Calmar Ratio Rank: 54
CVSE Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAEQ vs. CVSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect US Equity 2 ETF (AAEQ) and Calvert US Select Equity ETF (CVSE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AAEQ	CVSE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.92	+0.17

Drawdowns

AAEQ vs. CVSE - Drawdown Comparison

The maximum AAEQ drawdown since its inception was -10.26%, smaller than the maximum CVSE drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for AAEQ and CVSE.

Drawdown Indicators

	AAEQ	CVSE	Difference
Max Drawdown Largest peak-to-trough decline	-10.26%	-20.29%	+10.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.29%	—
Current Drawdown Current decline from peak	-0.75%	-1.68%	+0.93%
Average Drawdown Average peak-to-trough decline	-2.46%	-2.69%	+0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.42%	—

Volatility

Volatility by Period

	AAEQ	CVSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.72%	6.49%	+7.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.72%	13.87%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.72%	13.87%	-0.15%

AAEQ vs. CVSE - Expense Ratio Comparison

AAEQ has a 0.15% expense ratio, which is lower than CVSE's 0.29% expense ratio.

Dividends

AAEQ vs. CVSE - Dividend Comparison

AAEQ's dividend yield for the trailing twelve months is around 0.09%, less than CVSE's 0.59% yield.

Position	TTM	2025	2024	2023
AAEQ Alpha Architect US Equity 2 ETF	0.09%	0.10%	0.00%	0.00%
CVSE Calvert US Select Equity ETF	0.59%	0.81%	1.05%	1.22%

Frequently Asked Questions

Which ETF is better, AAEQ or CVSE?

On fees, AAEQ is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAEQ or CVSE?

AAEQ is cheaper with a 0.15% expense ratio, compared with 0.29% for CVSE.

Which ETF pays a higher dividend yield, AAEQ or CVSE?

CVSE has the higher dividend yield at 0.59%, compared with 0.09% for AAEQ.

What is the main difference between AAEQ and CVSE?

They also come from different issuers: Alpha Architect and Calvert. Their fees differ too: 0.15% for AAEQ and 0.29% for CVSE.