CVLC vs. BLCR

Last updated Aug 4, 2026

CVLC (Calvert US Large-Cap Core Responsible Index ETF) and BLCR (Blackrock Large Cap Core ETF) are both Large Cap Blend Equities funds. CVLC is passively managed, while BLCR is actively managed. Over the past year, CVLC returned 25.31% vs 35.01% for BLCR. Their correlation of 0.91 means they have usually moved in the same direction. CVLC charges 0.15%/yr vs 0.36%/yr for BLCR.

Performance

CVLC vs. BLCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert US Large-Cap Core Responsible Index ETF (CVLC) and Blackrock Large Cap Core ETF (BLCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CVLC achieves a 13.62% return, which is significantly lower than BLCR's 17.25% return.

CVLC

• 1D: 1.46%
• 1M: 1.48%
• 6M: 11.48%
• YTD: 13.62%
• 1Y: 25.31%
• 3Y*: 20.86%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.03%

BLCR

• 1D: 1.95%
• 1M: 0.40%
• 6M: 12.74%
• YTD: 17.25%
• 1Y: 35.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.36%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BLCR Blackrock Large Cap Core ETF	$17.79M	$18.82M	$32.47M
CVLC Calvert US Large-Cap Core Responsible Index ETF	$2.52M	$3.35M	$3.05M

CVLC vs. BLCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CVLC Calvert US Large-Cap Core Responsible Index ETF	13.62%	16.13%	24.20%	16.36%
BLCR Blackrock Large Cap Core ETF	17.25%	30.93%	17.07%	13.54%

Correlation

The correlation between CVLC and BLCR is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023	0.91

The correlation between CVLC and BLCR has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

CVLC vs. BLCR - Sectors Allocation Comparison

Sectors	CVLC	BLCR
Technology	38.1%	36.6%
Financial Services	13.2%	9.7%
Industrials	10.2%	13.7%
Healthcare	10.0%	9.7%
Consumer Cyclical	8.0%	10.3%
Communication Services	7.4%	13.3%
Consumer Defensive	4.7%	-
Real Estate	2.8%	-
Basic Materials	2.6%	2.3%
Utilities	2.3%	2.3%
Energy	0.4%	2.2%

Return for Risk

CVLC vs. BLCR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CVLC

CVLC Risk / Return Rank: 77
CVLC Sharpe Ratio Rank: 78
CVLC Sortino Ratio Rank: 78
CVLC Omega Ratio Rank: 76
CVLC Calmar Ratio Rank: 72
CVLC Martin Ratio Rank: 82

BLCR

BLCR Risk / Return Rank: 84
BLCR Sharpe Ratio Rank: 85
BLCR Sortino Ratio Rank: 83
BLCR Omega Ratio Rank: 80
BLCR Calmar Ratio Rank: 86
BLCR Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CVLC vs. BLCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert US Large-Cap Core Responsible Index ETF (CVLC) and Blackrock Large Cap Core ETF (BLCR). 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.

	CVLC	BLCR	Difference
Sharpe ratio: Return per unit of total volatility	1.89	2.04	-0.15
Sortino ratio: Return per unit of downside risk	2.66	2.80	-0.14
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.01
Calmar ratio: Return relative to maximum drawdown	2.65	3.43	-0.78
Martin ratio: Return relative to average drawdown	11.63	13.68	-2.06

CVLC vs. BLCR - Sharpe Ratio Comparison

The current CVLC Sharpe Ratio is 1.89, which is comparable to the BLCR Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of CVLC and BLCR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CVLC vs. BLCR - Drawdown Comparison

The maximum CVLC drawdown since its inception was -19.92%, smaller than the maximum BLCR drawdown of -21.29%. Use the drawdown chart below to compare losses from any high point for CVLC and BLCR.

Drawdown Indicators

	CVLC	BLCR	Difference
Max Drawdown Largest peak-to-trough decline	-19.92%	-21.29%	+1.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.61%	-10.26%	+0.65%
Max Drawdown (3Y) Largest decline over 3 years	-19.92%	—	—
Current Drawdown Current decline from peak	0.00%	-2.30%	+2.30%
Average Drawdown Average peak-to-trough decline	-2.36%	-2.24%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	2.57%	-0.39%

Volatility

CVLC vs. BLCR - Volatility Comparison

The current volatility for Calvert US Large-Cap Core Responsible Index ETF (CVLC) is 3.95%, while Blackrock Large Cap Core ETF (BLCR) has a volatility of 5.86%. This indicates that CVLC experiences smaller price fluctuations and is considered to be less risky than BLCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVLC	BLCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	5.86%	-1.91%
Volatility (6M) Calculated over the trailing 6-month period	10.79%	13.89%	-3.10%
Volatility (1Y) Calculated over the trailing 1-year period	13.45%	17.25%	-3.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	17.73%	-2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.56%	17.73%	-2.17%

CVLC vs. BLCR - Expense Ratio Comparison

CVLC has a 0.15% expense ratio, which is lower than BLCR's 0.36% expense ratio.

Dividends

CVLC vs. BLCR - Dividend Comparison

CVLC's dividend yield for the trailing twelve months is around 0.91%, more than BLCR's 0.29% yield.

Position	TTM	2025	2024	2023
BLCR Blackrock Large Cap Core ETF	0.29%	0.33%	0.75%	0.13%
CVLC Calvert US Large-Cap Core Responsible Index ETF	0.91%	1.02%	1.03%	0.91%

Frequently Asked Questions

Can I hold both CVLC and BLCR in my portfolio?

With a correlation of 0.91, CVLC and BLCR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CVLC or BLCR?

BLCR has higher volatility (5.86%) compared to CVLC (3.95%). In terms of maximum drawdown, CVLC dropped -19.92% vs BLCR's -21.29%.

Which ETF is better, CVLC or BLCR?

On 1-year performance, BLCR leads with 35.01% vs 25.31% for CVLC. On fees, CVLC is cheaper at 0.15% per year. On volatility, CVLC has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CVLC or BLCR?

Over the 1-year period, BLCR has performed better with a 35.01% return vs 25.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CVLC or BLCR?

CVLC is cheaper with a 0.15% expense ratio, compared with 0.36% for BLCR.

Which ETF pays a higher dividend yield, CVLC or BLCR?

CVLC has the higher dividend yield at 0.91%, compared with 0.29% for BLCR.

What is the main difference between CVLC and BLCR?

They also come from different issuers: Calvert and BlackRock. Their fees differ too: 0.15% for CVLC and 0.36% for BLCR.

Which has better risk-adjusted returns?

BLCR currently has the higher Sharpe Ratio (2.04 vs 1.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.