CVGD vs. CVSM

Last updated Jul 8, 2026

CVGD (CresAlta Global Dividend ETF) and CVSM (CresAlta Small & Mid-Cap ETF) are both exchange-traded funds - CVGD is a Global Equity Income fund actively managed by CresAlta, while CVSM is a Small Cap Blend Equities fund actively managed by CresAlta. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. CVGD charges 0.50%/yr vs 0.55%/yr for CVSM.

Performance

CVGD vs. CVSM - Performance Comparison

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

Returns By Period

CVGD

• 1D: 0.96%
• 1M: 2.22%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CVSM

• 1D: -0.20%
• 1M: 1.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CVGD vs. CVSM - Yearly Performance Comparison

	2026 (YTD)
CVGD CresAlta Global Dividend ETF	2.40%
CVSM CresAlta Small & Mid-Cap ETF	3.84%

Correlation

The correlation between CVGD and CVSM is 0.66, 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	0.66

Return for Risk

CVGD vs. CVSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CresAlta Global Dividend ETF (CVGD) 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.

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

Drawdowns

CVGD vs. CVSM - Drawdown Comparison

The maximum CVGD drawdown since its inception was -2.54%, smaller than the maximum CVSM drawdown of -3.36%. Use the drawdown chart below to compare losses from any high point for CVGD and CVSM.

Drawdown Indicators

	CVGD	CVSM	Difference
Max Drawdown Largest peak-to-trough decline	-2.54%	-3.36%	+0.82%
Current Drawdown Current decline from peak	0.00%	-0.80%	+0.80%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.92%	+0.09%

Volatility

Volatility by Period

	CVGD	CVSM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.73%	11.23%	-0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.73%	11.23%	-0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.73%	11.23%	-0.50%

CVGD vs. CVSM - Expense Ratio Comparison

CVGD has a 0.50% expense ratio, which is lower than CVSM's 0.55% expense ratio.

Dividends

CVGD vs. CVSM - Dividend Comparison

CVGD's dividend yield for the trailing twelve months is around 0.27%, more than CVSM's 0.23% yield.

Position	TTM
CVGD CresAlta Global Dividend ETF	0.27%
CVSM CresAlta Small & Mid-Cap ETF	0.23%

Frequently Asked Questions

Can I hold both CVGD and CVSM in my portfolio?

CVGD and CVSM have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CVGD or CVSM?

On fees, CVGD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CVGD or CVSM?

CVGD is cheaper with a 0.50% expense ratio, compared with 0.55% for CVSM.

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

CVGD has the higher dividend yield at 0.27%, compared with 0.23% for CVSM.

What is the main difference between CVGD and CVSM?

CVGD is categorized as Global Equity Income, while CVSM is Small Cap Blend Equities. Their fees differ too: 0.50% for CVGD and 0.55% for CVSM.