BUYO vs. CVSM

Last updated Jul 21, 2026

BUYO (KraneShares Man Buyout Beta Index ETF) and CVSM (CresAlta Small & Mid-Cap ETF) are both Small Cap Blend Equities funds. BUYO is passively managed, while CVSM is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. BUYO charges 0.89%/yr vs 0.55%/yr for CVSM.

Performance

BUYO vs. CVSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Man Buyout Beta Index ETF (BUYO) and CresAlta Small & Mid-Cap ETF (CVSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BUYO

• 1D: -0.42%
• 1M: 0.23%
• 6M: 11.16%
• YTD: 17.06%
• 1Y: 28.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.92%

CVSM

• 1D: -0.51%
• 1M: 1.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

BUYO vs. CVSM - Yearly Performance Comparison

	2026 (YTD)
BUYO KraneShares Man Buyout Beta Index ETF	8.01%
CVSM CresAlta Small & Mid-Cap ETF	3.44%

Correlation

The correlation between BUYO and CVSM is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.55

Return for Risk

BUYO vs. CVSM — Risk / Return Rank

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

BUYO

BUYO Risk / Return Rank: 68
BUYO Sharpe Ratio Rank: 64
BUYO Sortino Ratio Rank: 67
BUYO Omega Ratio Rank: 59
BUYO Calmar Ratio Rank: 75
BUYO Martin Ratio Rank: 76

CVSM

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

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.

BUYO vs. CVSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Man Buyout Beta Index ETF (BUYO) and CresAlta Small & Mid-Cap ETF (CVSM). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BUYO	CVSM	Difference
Sharpe ratio: Return per unit of total volatility	1.57	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.82	—	—
Martin ratio: Return relative to average drawdown	10.18	—	—

Drawdowns

BUYO vs. CVSM - Drawdown Comparison

The maximum BUYO drawdown since its inception was -28.01%, which is greater than CVSM's maximum drawdown of -3.36%. Use the drawdown chart below to compare losses from any high point for BUYO and CVSM.

Drawdown Indicators

	BUYO	CVSM	Difference
Max Drawdown Largest peak-to-trough decline	-28.01%	-3.36%	-24.65%
Max Drawdown (1Y) Largest decline over 1 year	-10.07%	—	—
Current Drawdown Current decline from peak	-3.49%	-1.17%	-2.32%
Average Drawdown Average peak-to-trough decline	-5.47%	-1.01%	-4.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	—	—

Volatility

Volatility by Period

	BUYO	CVSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.13%	10.99%	+7.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.34%	10.99%	+10.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.34%	10.99%	+10.35%

BUYO vs. CVSM - Expense Ratio Comparison

BUYO has a 0.89% expense ratio, which is higher than CVSM's 0.55% expense ratio.

Dividends

BUYO vs. CVSM - Dividend Comparison

BUYO's dividend yield for the trailing twelve months is around 0.01%, less than CVSM's 0.23% yield.

Position	TTM	2025	2024
BUYO KraneShares Man Buyout Beta Index ETF	0.01%	0.01%	0.04%
CVSM CresAlta Small & Mid-Cap ETF	0.23%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BUYO and CVSM in my portfolio?

BUYO and CVSM have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BUYO or CVSM?

On fees, CVSM is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BUYO or CVSM?

CVSM is cheaper with a 0.55% expense ratio, compared with 0.89% for BUYO.

Which ETF pays a higher dividend yield, BUYO or CVSM?

CVSM has the higher dividend yield at 0.23%, compared with 0.01% for BUYO.

What is the main difference between BUYO and CVSM?

They also come from different issuers: KraneShares and CresAlta. Their fees differ too: 0.89% for BUYO and 0.55% for CVSM.