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CCD vs. TLTW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CCD and TLTW is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

CCD vs. TLTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Dynamic Convertible and Income Fund (CCD) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2025February
11.25%
-4.49%
CCD
TLTW

Key characteristics

Sharpe Ratio

CCD:

1.73

TLTW:

0.20

Sortino Ratio

CCD:

2.43

TLTW:

0.33

Omega Ratio

CCD:

1.30

TLTW:

1.04

Calmar Ratio

CCD:

1.32

TLTW:

0.12

Martin Ratio

CCD:

8.08

TLTW:

0.43

Ulcer Index

CCD:

3.34%

TLTW:

4.78%

Daily Std Dev

CCD:

15.59%

TLTW:

10.49%

Max Drawdown

CCD:

-55.42%

TLTW:

-18.59%

Current Drawdown

CCD:

-1.56%

TLTW:

-12.01%

Returns By Period

In the year-to-date period, CCD achieves a 1.79% return, which is significantly higher than TLTW's 1.31% return.


CCD

YTD

1.79%

1M

3.78%

6M

11.25%

1Y

28.54%

5Y*

12.05%

10Y*

N/A

TLTW

YTD

1.31%

1M

3.42%

6M

-4.48%

1Y

3.63%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CCD vs. TLTW — 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 8686
Overall Rank
The Sharpe Ratio Rank of CCD is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of CCD is 8585
Sortino Ratio Rank
The Omega Ratio Rank of CCD is 8383
Omega Ratio Rank
The Calmar Ratio Rank of CCD is 8383
Calmar Ratio Rank
The Martin Ratio Rank of CCD is 8888
Martin Ratio Rank

TLTW
The Risk-Adjusted Performance Rank of TLTW is 1010
Overall Rank
The Sharpe Ratio Rank of TLTW is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of TLTW is 99
Sortino Ratio Rank
The Omega Ratio Rank of TLTW is 99
Omega Ratio Rank
The Calmar Ratio Rank of TLTW is 1010
Calmar Ratio Rank
The Martin Ratio Rank of TLTW is 1010
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. TLTW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Dynamic Convertible and Income Fund (CCD) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW). 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 1.73, compared to the broader market-2.000.002.004.001.730.18
The chart of Sortino ratio for CCD, currently valued at 2.43, compared to the broader market-6.00-4.00-2.000.002.004.002.430.31
The chart of Omega ratio for CCD, currently valued at 1.30, compared to the broader market0.501.001.502.001.301.04
The chart of Calmar ratio for CCD, currently valued at 3.48, compared to the broader market0.002.004.006.003.480.11
The chart of Martin ratio for CCD, currently valued at 8.08, compared to the broader market0.0010.0020.0030.008.080.40
CCD
TLTW

The current CCD Sharpe Ratio is 1.73, which is higher than the TLTW Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of CCD and TLTW, 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 Ratio0.001.002.003.004.00SeptemberOctoberNovemberDecember2025February
1.73
0.18
CCD
TLTW

Dividends

CCD vs. TLTW - Dividend Comparison

CCD's dividend yield for the trailing twelve months is around 9.46%, less than TLTW's 15.27% yield.


TTM2024202320222021202020192018201720162015
CCD
Calamos Dynamic Convertible and Income Fund
9.46%9.63%11.83%11.42%7.43%7.11%9.47%12.21%9.99%11.43%7.40%
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
15.27%14.47%19.59%8.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CCD vs. TLTW - Drawdown Comparison

The maximum CCD drawdown since its inception was -55.42%, which is greater than TLTW's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for CCD and TLTW. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February
-1.56%
-12.01%
CCD
TLTW

Volatility

CCD vs. TLTW - Volatility Comparison

Calamos Dynamic Convertible and Income Fund (CCD) has a higher volatility of 3.92% compared to iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) at 2.11%. This indicates that CCD's price experiences larger fluctuations and is considered to be riskier than TLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%SeptemberOctoberNovemberDecember2025February
3.92%
2.11%
CCD
TLTW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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