CVSB vs. SGOV
Compare and contrast key facts about Calvert Ultra-Short Investment Grade ETF (CVSB) and iShares 0-3 Month Treasury Bond ETF (SGOV).
CVSB and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CVSB is an actively managed fund by Calvert. It was launched on Jan 30, 2023. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVSB or SGOV.
Correlation
The correlation between CVSB and SGOV is 0.09, 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.
Performance
CVSB vs. SGOV - Performance Comparison
Key characteristics
CVSB:
3.52
SGOV:
22.42
CVSB:
5.80
SGOV:
507.73
CVSB:
2.09
SGOV:
508.73
CVSB:
9.31
SGOV:
520.72
CVSB:
37.18
SGOV:
8,266.14
CVSB:
0.16%
SGOV:
0.00%
CVSB:
1.66%
SGOV:
0.23%
CVSB:
-0.63%
SGOV:
-0.03%
CVSB:
-0.07%
SGOV:
0.00%
Returns By Period
In the year-to-date period, CVSB achieves a 0.38% return, which is significantly lower than SGOV's 0.45% return.
CVSB
0.38%
0.42%
2.61%
5.80%
N/A
N/A
SGOV
0.45%
0.36%
2.39%
5.14%
N/A
N/A
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CVSB vs. SGOV - Expense Ratio Comparison
CVSB has a 0.24% expense ratio, which is higher than SGOV's 0.03% 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%.
Risk-Adjusted Performance
CVSB vs. SGOV — Risk-Adjusted Performance Rank
CVSB
SGOV
CVSB vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Ultra-Short Investment Grade ETF (CVSB) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Dividends
CVSB vs. SGOV - Dividend Comparison
CVSB's dividend yield for the trailing twelve months is around 5.10%, more than SGOV's 5.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
CVSB Calvert Ultra-Short Investment Grade ETF | 5.10% | 5.13% | 4.95% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.00% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Drawdowns
CVSB vs. SGOV - Drawdown Comparison
The maximum CVSB drawdown since its inception was -0.63%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for CVSB and SGOV. For additional features, visit the drawdowns tool.
Volatility
CVSB vs. SGOV - Volatility Comparison
Calvert Ultra-Short Investment Grade ETF (CVSB) has a higher volatility of 0.22% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that CVSB's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.