PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CCD vs. ACIO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

CCD vs. ACIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Dynamic Convertible and Income Fund (CCD) and Aptus Collared Income Opportunity ETF (ACIO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
9.36%
10.38%
CCD
ACIO

Returns By Period

In the year-to-date period, CCD achieves a 31.37% return, which is significantly higher than ACIO's 21.90% return.


CCD

YTD

31.37%

1M

-4.53%

6M

9.94%

1Y

40.82%

5Y (annualized)

13.00%

10Y (annualized)

N/A

ACIO

YTD

21.90%

1M

-0.40%

6M

10.43%

1Y

26.75%

5Y (annualized)

10.97%

10Y (annualized)

N/A

Key characteristics


CCDACIO
Sharpe Ratio2.592.92
Sortino Ratio3.544.14
Omega Ratio1.441.55
Calmar Ratio1.355.17
Martin Ratio15.7921.90
Ulcer Index2.63%1.22%
Daily Std Dev16.08%9.16%
Max Drawdown-55.42%-14.19%
Current Drawdown-6.51%-1.98%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.5

The correlation between CCD and ACIO is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

CCD vs. ACIO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Dynamic Convertible and Income Fund (CCD) and Aptus Collared Income Opportunity ETF (ACIO). 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.


Sharpe ratio
The chart of Sharpe ratio for CCD, currently valued at 2.59, compared to the broader market-4.00-2.000.002.004.002.592.92
The chart of Sortino ratio for CCD, currently valued at 3.54, compared to the broader market-4.00-2.000.002.004.003.544.14
The chart of Omega ratio for CCD, currently valued at 1.44, compared to the broader market0.501.001.502.001.441.55
The chart of Calmar ratio for CCD, currently valued at 1.35, compared to the broader market0.002.004.006.001.355.17
The chart of Martin ratio for CCD, currently valued at 15.79, compared to the broader market0.0010.0020.0030.0015.7921.90
CCD
ACIO

The current CCD Sharpe Ratio is 2.59, which is comparable to the ACIO Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of CCD and ACIO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.59
2.92
CCD
ACIO

Dividends

CCD vs. ACIO - Dividend Comparison

CCD's dividend yield for the trailing twelve months is around 9.80%, more than ACIO's 0.53% yield.


TTM202320222021202020192018201720162015
CCD
Calamos Dynamic Convertible and Income Fund
9.80%11.83%11.42%7.43%7.11%9.47%12.21%9.99%11.43%7.40%
ACIO
Aptus Collared Income Opportunity ETF
0.53%0.72%1.51%0.61%1.02%1.32%0.00%0.00%0.00%0.00%

Drawdowns

CCD vs. ACIO - Drawdown Comparison

The maximum CCD drawdown since its inception was -55.42%, which is greater than ACIO's maximum drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for CCD and ACIO. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.51%
-1.98%
CCD
ACIO

Volatility

CCD vs. ACIO - Volatility Comparison

Calamos Dynamic Convertible and Income Fund (CCD) has a higher volatility of 4.56% compared to Aptus Collared Income Opportunity ETF (ACIO) at 3.27%. This indicates that CCD's price experiences larger fluctuations and is considered to be riskier than ACIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.56%
3.27%
CCD
ACIO