CVLC vs. PSCX

Last updated Apr 1, 2026

Compare and contrast key facts about Calvert US Large-Cap Core Responsible Index ETF (CVLC) and Pacer Swan SOS Conservative (December) ETF (PSCX).

CVLC and PSCX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CVLC is a passively managed fund by Calvert that tracks the performance of the Calvert US Large-Cap Core Responsible Index - Benchmark TR Gross. It was launched on Jan 30, 2023. PSCX is an actively managed fund by Pacer. It was launched on Dec 22, 2020.

Performance

CVLC vs. PSCX - 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 Pacer Swan SOS Conservative (December) ETF (PSCX). The values are adjusted to include any dividend payments, if applicable.

CVLC vs. PSCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CVLC Calvert US Large-Cap Core Responsible Index ETF	-4.76%	16.13%	24.20%	17.14%
PSCX Pacer Swan SOS Conservative (December) ETF	-1.88%	12.08%	13.27%	11.54%

Returns By Period

In the year-to-date period, CVLC achieves a -4.76% return, which is significantly lower than PSCX's -1.88% return.

CVLC

• 1D: 3.04%
• 1M: -5.40%
• YTD: -4.76%
• 6M: -1.68%
• 1Y: 17.36%
• 3Y*: 17.40%
• 5Y*: —
• 10Y*: —

PSCX

• 1D: 1.43%
• 1M: -2.32%
• YTD: -1.88%
• 6M: 0.91%
• 1Y: 12.02%
• 3Y*: 11.44%
• 5Y*: 7.30%
• 10Y*: —

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

CVLC vs. PSCX - Expense Ratio Comparison

CVLC has a 0.15% expense ratio, which is lower than PSCX's 0.75% expense ratio.

PSCX

Pacer Swan SOS Conservative (December) ETF

CVLC

Calvert US Large-Cap Core Responsible Index ETF

Return for Risk

CVLC vs. PSCX — Risk / Return Rank

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

CVLC

CVLC Risk / Return Rank: 58
CVLC Sharpe Ratio Rank: 52
CVLC Sortino Ratio Rank: 55
CVLC Omega Ratio Rank: 58
CVLC Calmar Ratio Rank: 57
CVLC Martin Ratio Rank: 66

PSCX

PSCX Risk / Return Rank: 79
PSCX Sharpe Ratio Rank: 75
PSCX Sortino Ratio Rank: 79
PSCX Omega Ratio Rank: 82
PSCX Calmar Ratio Rank: 75
PSCX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CVLC vs. PSCX - 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 Pacer Swan SOS Conservative (December) ETF (PSCX). 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.

	CVLC	PSCX	Difference
Sharpe ratio Return per unit of total volatility	0.93	1.37	-0.44
Sortino ratio Return per unit of downside risk	1.44	2.05	-0.61
Omega ratio Gain probability vs. loss probability	1.21	1.32	-0.11
Calmar ratio Return relative to maximum drawdown	1.44	1.99	-0.55
Martin ratio Return relative to average drawdown	6.70	10.21	-3.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CVLC vs. PSCX - Sharpe Ratio Comparison

The current CVLC Sharpe Ratio is 0.93, which is lower than the PSCX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of CVLC and PSCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CVLC	PSCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	1.37	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	1.10	-0.06

Correlation

The correlation between CVLC and PSCX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CVLC vs. PSCX - Dividend Comparison

CVLC's dividend yield for the trailing twelve months is around 1.05%, while PSCX has not paid dividends to shareholders.

	TTM	2025	2024	2023
CVLC Calvert US Large-Cap Core Responsible Index ETF	1.05%	1.02%	1.03%	0.91%
PSCX Pacer Swan SOS Conservative (December) ETF	0.00%	0.00%	0.00%	0.00%

Drawdowns

CVLC vs. PSCX - Drawdown Comparison

The maximum CVLC drawdown since its inception was -19.92%, which is greater than PSCX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for CVLC and PSCX.

Drawdown Indicators

	CVLC	PSCX	Difference
Max Drawdown Largest peak-to-trough decline	-19.92%	-10.20%	-9.72%
Max Drawdown (1Y) Largest decline over 1 year	-12.46%	-6.15%	-6.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-10.20%	—
Current Drawdown Current decline from peak	-6.86%	-2.84%	-4.02%
Average Drawdown Average peak-to-trough decline	-2.49%	-1.92%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	1.20%	+1.47%

Volatility

CVLC vs. PSCX - Volatility Comparison

Calvert US Large-Cap Core Responsible Index ETF (CVLC) has a higher volatility of 5.63% compared to Pacer Swan SOS Conservative (December) ETF (PSCX) at 2.81%. This indicates that CVLC's price experiences larger fluctuations and is considered to be riskier than PSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVLC	PSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	2.81%	+2.82%
Volatility (6M) Calculated over the trailing 6-month period	9.84%	4.31%	+5.53%
Volatility (1Y) Calculated over the trailing 1-year period	18.84%	8.83%	+10.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.68%	7.06%	+8.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.68%	7.02%	+8.66%