PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CVMC vs. XJH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CVMC vs. XJH

Last updated Aug 4, 2026
Documentation

CVMC (Calvert US Mid-Cap Core Responsible Index ETF) and XJH (iShares ESG Screened S&P Mid-Cap ETF) are both Mid Cap Blend Equities funds - CVMC tracks the Russell Midcap Index while XJH tracks the S&P MidCap 400 Sustainability Screened Index. Both are passively managed. Over the past 3 years, CVMC returned 15.97%/yr vs 13.78%/yr for XJH. Their 0.96 correlation means they have historically moved very closely together. CVMC charges 0.15%/yr vs 0.12%/yr for XJH.

Performance

CVMC vs. XJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert US Mid-Cap Core Responsible Index ETF (CVMC) and iShares ESG Screened S&P Mid-Cap ETF (XJH). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CVMC achieves a 20.24% return, which is significantly higher than XJH's 15.96% return.

CVMC

1D
1.14%
1M
0.45%
6M
15.46%
YTD
20.24%
1Y
27.43%
3Y*
15.97%
5Y*
—
10Y*
—
ALL TIME*
13.82%

XJH

1D
0.96%
1M
0.04%
6M
10.53%
YTD
15.96%
1Y
25.39%
3Y*
13.78%
5Y*
8.31%
10Y*
—
ALL TIME*
14.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

CVMC

Calvert US Mid-Cap Core Responsible Index ETF
$233.55K$229.94K$243.24K

XJH

iShares ESG Screened S&P Mid-Cap ETF
$608.00K$950.64K$1.17M

CVMC vs. XJH - Yearly Performance Comparison

2026 (YTD)202520242023
CVMC
Calvert US Mid-Cap Core Responsible Index ETF		20.24%9.52%12.57%6.14%
XJH
iShares ESG Screened S&P Mid-Cap ETF		15.96%8.12%12.27%6.68%

Correlation

The correlation between CVMC and XJH is 0.94, 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.

0.94

Correlation (3Y)
Balances recent behavior with more history.

0.96

Correlation (All Time)
Calculated using the full available price history since Feb 1, 2023

0.96

The correlation between CVMC and XJH has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

CVMC vs. XJH - Sectors Allocation Comparison

Sectors
CVMC
XJH

Industrials

20.1%
22.7%

Technology

17.3%
15.6%

Financial Services

15.7%
15.7%

Healthcare

12.8%
10.6%

Consumer Cyclical

9.2%
10.5%

Real Estate

7.8%
8.7%

Utilities

5.8%
1.7%

Consumer Defensive

5.2%
3.2%

Basic Materials

3.0%
6.9%

Communication Services

2.8%
1.0%

Energy

0.3%
3.0%

Industrials

CVMC
20.1%
XJH
22.7%

Technology

CVMC
17.3%
XJH
15.6%

Financial Services

CVMC
15.7%
XJH
15.7%

Healthcare

CVMC
12.8%
XJH
10.6%

Consumer Cyclical

CVMC
9.2%
XJH
10.5%

Real Estate

CVMC
7.8%
XJH
8.7%

Utilities

CVMC
5.8%
XJH
1.7%

Consumer Defensive

CVMC
5.2%
XJH
3.2%

Basic Materials

CVMC
3.0%
XJH
6.9%

Communication Services

CVMC
2.8%
XJH
1.0%

Energy

CVMC
0.3%
XJH
3.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Calvert US Mid-Cap Core Responsible Index ETF

iShares ESG Screened S&P Mid-Cap ETF

Often compared with CVMC:
CVMC vs. NUMGCVMC vs. FLQMCVMC vs. SDGCVMC vs. VFIAXCVMC vs. ESGVCVMC vs. XMMOCVMC vs. CDEI
Often compared with XJH:
XJH vs. XMMOXJH vs. XJRXJH vs. NUMVXJH vs. IJHXJH vs. NUMGXJH vs. SUSLXJH vs. MDY

Return for Risk

CVMC vs. XJH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
CVMC
CVMC Risk / Return Rank: 7979
Overall Rank
CVMC Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
CVMC Sortino Ratio Rank: 8181
Sortino Ratio Rank
CVMC Omega Ratio Rank: 7676
Omega Ratio Rank
CVMC Calmar Ratio Rank: 7777
Calmar Ratio Rank
CVMC Martin Ratio Rank: 8282
Martin Ratio Rank
XJH
XJH Risk / Return Rank: 6868
Overall Rank
XJH Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
XJH Sortino Ratio Rank: 6868
Sortino Ratio Rank
XJH Omega Ratio Rank: 6262
Omega Ratio Rank
XJH Calmar Ratio Rank: 7373
Calmar Ratio Rank
XJH Martin Ratio Rank: 7575
Martin Ratio Rank
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.

CVMC vs. XJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert US Mid-Cap Core Responsible Index ETF (CVMC) and iShares ESG Screened S&P Mid-Cap ETF (XJH). 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.

CVMCXJHDifference
Sharpe ratioReturn per unit of total volatility
1.92
1.57

+0.36

Sortino ratioReturn per unit of downside risk
2.80
2.31

+0.49

Omega ratioGain probability vs. loss probability

1.34

1.28

+0.06

Calmar ratioReturn relative to maximum drawdown

2.95

2.65

+0.29

Martin ratioReturn relative to average drawdown

11.93

9.83

+2.09

CVMC vs. XJH - Sharpe Ratio Comparison

The current CVMC Sharpe Ratio is 1.92, which is comparable to the XJH Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of CVMC and XJH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

CVMC vs. XJH - Drawdown Comparison

The maximum CVMC drawdown since its inception was -22.53%, smaller than the maximum XJH drawdown of -25.07%. Use the drawdown chart below to compare losses from any high point for CVMC and XJH.

Loading charts...

Drawdown Indicators

CVMCXJHDifference

Max Drawdown

Largest peak-to-trough decline

-22.53%

-25.07%

+2.54%

Max Drawdown (1Y)

Largest decline over 1 year

-9.35%

-9.61%

+0.26%

Max Drawdown (3Y)

Largest decline over 3 years

-22.53%

-24.56%

+2.03%

Max Drawdown (5Y)

Largest decline over 5 years

—

-25.07%

—

Current Drawdown

Current decline from peak

-0.29%

-1.17%

+0.88%

Average Drawdown

Average peak-to-trough decline

-4.03%

-6.67%

+2.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.31%

2.59%

-0.28%

Volatility

CVMC vs. XJH - Volatility Comparison

The current volatility for Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is 3.32%, while iShares ESG Screened S&P Mid-Cap ETF (XJH) has a volatility of 3.66%. This indicates that CVMC experiences smaller price fluctuations and is considered to be less risky than XJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CVMCXJHDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.32%

3.66%

-0.34%

Volatility (6M)

Calculated over the trailing 6-month period

10.98%

12.08%

-1.10%

Volatility (1Y)

Calculated over the trailing 1-year period

14.34%

16.28%

-1.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.37%

19.86%

-3.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.37%

19.74%

-3.37%

CVMC vs. XJH - Expense Ratio Comparison

CVMC has a 0.15% expense ratio, which is higher than XJH's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CVMC vs. XJH - Dividend Comparison

CVMC's dividend yield for the trailing twelve months is around 1.17%, more than XJH's 1.08% yield.

PositionTTM202520242023202220212020
CVMC
Calvert US Mid-Cap Core Responsible Index ETF		1.17%1.39%1.21%1.00%0.00%0.00%0.00%
XJH
iShares ESG Screened S&P Mid-Cap ETF		1.08%1.24%1.24%1.38%1.45%1.04%0.36%

Frequently Asked Questions

With a correlation of 0.94, CVMC and XJH 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.

XJH has higher volatility (3.66%) compared to CVMC (3.32%). In terms of maximum drawdown, CVMC dropped -22.53% vs XJH's -25.07%.

On 3-year performance, CVMC leads with 15.97% vs 13.78% for XJH. On fees, XJH is cheaper at 0.12% per year. On volatility, CVMC has been the lower-risk option at 3.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, CVMC has performed better with a 15.97% return vs 13.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XJH is cheaper with a 0.12% expense ratio, compared with 0.15% for CVMC.

CVMC has the higher dividend yield at 1.17%, compared with 1.08% for XJH.

CVMC tracks Russell Midcap Index, while XJH tracks S&P MidCap 400 Sustainability Screened Index. They also come from different issuers: Calvert and iShares. Their fees differ too: 0.15% for CVMC and 0.12% for XJH.

CVMC currently has the higher Sharpe Ratio (1.92 vs 1.57), 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.

Portfolio Optimizer

Find the right allocation for CVMC and XJH

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer