PortfoliosLab logo
CCD vs. CWB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CCD and CWB 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.


Performance

CCD vs. CWB - Performance Comparison

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

100.00%110.00%120.00%130.00%140.00%150.00%160.00%December2025FebruaryMarchAprilMay
133.09%
135.86%
CCD
CWB

Key characteristics

Sharpe Ratio

CCD:

0.37

CWB:

1.04

Sortino Ratio

CCD:

0.67

CWB:

1.48

Omega Ratio

CCD:

1.09

CWB:

1.20

Calmar Ratio

CCD:

0.32

CWB:

0.69

Martin Ratio

CCD:

1.07

CWB:

3.63

Ulcer Index

CCD:

6.76%

CWB:

3.31%

Daily Std Dev

CCD:

19.62%

CWB:

11.55%

Max Drawdown

CCD:

-55.42%

CWB:

-32.06%

Current Drawdown

CCD:

-10.90%

CWB:

-7.58%

Returns By Period

In the year-to-date period, CCD achieves a -7.86% return, which is significantly lower than CWB's 0.99% return. Both investments have delivered pretty close results over the past 10 years, with CCD having a 8.85% annualized return and CWB not far behind at 8.72%.


CCD

YTD

-7.86%

1M

14.65%

6M

-4.58%

1Y

5.68%

5Y*

13.26%

10Y*

8.85%

CWB

YTD

0.99%

1M

8.15%

6M

1.12%

1Y

11.31%

5Y*

9.77%

10Y*

8.72%

*Annualized

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

CCD vs. CWB — Risk-Adjusted Performance Rank

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

CCD
The Risk-Adjusted Performance Rank of CCD is 6262
Overall Rank
The Sharpe Ratio Rank of CCD is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of CCD is 5757
Sortino Ratio Rank
The Omega Ratio Rank of CCD is 5656
Omega Ratio Rank
The Calmar Ratio Rank of CCD is 6666
Calmar Ratio Rank
The Martin Ratio Rank of CCD is 6464
Martin Ratio Rank

CWB
The Risk-Adjusted Performance Rank of CWB is 7878
Overall Rank
The Sharpe Ratio Rank of CWB is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of CWB is 8080
Sortino Ratio Rank
The Omega Ratio Rank of CWB is 7979
Omega Ratio Rank
The Calmar Ratio Rank of CWB is 7171
Calmar Ratio Rank
The Martin Ratio Rank of CWB is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CCD vs. CWB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Dynamic Convertible and Income Fund (CCD) and SPDR Bloomberg Barclays Convertible Securities ETF (CWB). 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.


The current CCD Sharpe Ratio is 0.37, which is lower than the CWB Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of CCD and CWB, 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 Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.29
0.99
CCD
CWB

Dividends

CCD vs. CWB - Dividend Comparison

CCD's dividend yield for the trailing twelve months is around 10.73%, more than CWB's 1.96% yield.


TTM20242023202220212020201920182017201620152014
CCD
Calamos Dynamic Convertible and Income Fund
10.73%9.63%11.83%11.42%7.43%7.11%8.55%12.21%9.99%11.43%7.40%0.00%
CWB
SPDR Bloomberg Barclays Convertible Securities ETF
1.96%1.85%1.97%2.21%1.97%2.34%3.03%6.17%4.25%4.60%7.52%7.37%

Drawdowns

CCD vs. CWB - Drawdown Comparison

The maximum CCD drawdown since its inception was -55.42%, which is greater than CWB's maximum drawdown of -32.06%. Use the drawdown chart below to compare losses from any high point for CCD and CWB. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-10.90%
-7.58%
CCD
CWB

Volatility

CCD vs. CWB - Volatility Comparison

Calamos Dynamic Convertible and Income Fund (CCD) has a higher volatility of 9.35% compared to SPDR Bloomberg Barclays Convertible Securities ETF (CWB) at 5.58%. This indicates that CCD's price experiences larger fluctuations and is considered to be riskier than CWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%December2025FebruaryMarchAprilMay
9.35%
5.58%
CCD
CWB