CNSDX vs. GCV
Compare and contrast key facts about Invesco Convertible Securities Fund (CNSDX) and The Gabelli Convertible and Income Securities Fund Inc (GCV).
CNSDX is managed by Invesco. It was launched on Jul 27, 1997. GCV is managed by Gabelli Funds. It was launched on Jul 3, 1989.
Performance
CNSDX vs. GCV - Performance Comparison
Loading graphics...
CNSDX vs. GCV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNSDX Invesco Convertible Securities Fund | -0.47% | 16.24% | 9.95% | 8.18% | -15.51% | 4.69% | 44.68% | 21.25% | -1.60% | 10.68% |
GCV The Gabelli Convertible and Income Securities Fund Inc | 6.04% | 22.86% | 19.93% | -15.58% | -23.95% | 19.99% | 16.97% | 45.72% | -19.03% | 37.30% |
Returns By Period
In the year-to-date period, CNSDX achieves a -0.47% return, which is significantly lower than GCV's 6.04% return. Both investments have delivered pretty close results over the past 10 years, with CNSDX having a 9.66% annualized return and GCV not far behind at 9.54%.
CNSDX
- 1D
- -1.80%
- 1M
- -6.14%
- YTD
- -0.47%
- 6M
- 0.05%
- 1Y
- 19.21%
- 3Y*
- 10.61%
- 5Y*
- 3.97%
- 10Y*
- 9.66%
GCV
- 1D
- 2.39%
- 1M
- -1.33%
- YTD
- 6.04%
- 6M
- 9.63%
- 1Y
- 28.78%
- 3Y*
- 11.57%
- 5Y*
- 3.68%
- 10Y*
- 9.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CNSDX vs. GCV - Expense Ratio Comparison
CNSDX has a 0.68% expense ratio, which is higher than GCV's 0.01% expense ratio.
Return for Risk
CNSDX vs. GCV — Risk / Return Rank
CNSDX
GCV
CNSDX vs. GCV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Convertible Securities Fund (CNSDX) and The Gabelli Convertible and Income Securities Fund Inc (GCV). 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.
| CNSDX | GCV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 1.50 | -0.28 |
Sortino ratioReturn per unit of downside risk | 1.69 | 2.03 | -0.35 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.11 | 1.97 | +0.14 |
Martin ratioReturn relative to average drawdown | 7.07 | 8.62 | -1.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CNSDX | GCV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 1.50 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.17 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.41 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.17 | +0.49 |
Correlation
The correlation between CNSDX and GCV is 0.32, 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.
Dividends
CNSDX vs. GCV - Dividend Comparison
CNSDX's dividend yield for the trailing twelve months is around 11.83%, more than GCV's 11.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNSDX Invesco Convertible Securities Fund | 11.83% | 11.77% | 3.46% | 1.46% | 3.97% | 28.36% | 10.96% | 5.21% | 12.65% | 4.57% | 3.74% | 2.74% |
GCV The Gabelli Convertible and Income Securities Fund Inc | 11.21% | 11.57% | 12.60% | 13.33% | 10.00% | 8.14% | 7.68% | 8.21% | 10.93% | 8.14% | 8.72% | 10.04% |
Drawdowns
CNSDX vs. GCV - Drawdown Comparison
The maximum CNSDX drawdown since its inception was -39.33%, smaller than the maximum GCV drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for CNSDX and GCV.
Loading graphics...
Drawdown Indicators
| CNSDX | GCV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.33% | -55.67% | +16.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.09% | -13.47% | +5.38% |
Max Drawdown (5Y)Largest decline over 5 years | -22.73% | -45.90% | +23.17% |
Max Drawdown (10Y)Largest decline over 10 years | -24.19% | -45.90% | +21.71% |
Current DrawdownCurrent decline from peak | -8.09% | -3.82% | -4.27% |
Average DrawdownAverage peak-to-trough decline | -6.94% | -12.63% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.41% | 3.08% | -0.67% |
Volatility
CNSDX vs. GCV - Volatility Comparison
The current volatility for Invesco Convertible Securities Fund (CNSDX) is 6.25%, while The Gabelli Convertible and Income Securities Fund Inc (GCV) has a volatility of 7.83%. This indicates that CNSDX experiences smaller price fluctuations and is considered to be less risky than GCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CNSDX | GCV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.25% | 7.83% | -1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 12.61% | 12.52% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.83% | 19.38% | -3.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.98% | 21.18% | -9.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.60% | 23.49% | -10.89% |