CVSB vs. UX
CVSB (Calvert Ultra-Short Investment Grade ETF) and UX (Roundhill Uranium ETF) are both exchange-traded funds - CVSB is a Ultrashort Bond fund actively managed by Calvert, while UX is a Uranium fund actively managed by Roundhill. Both are actively managed. Over the past year, CVSB returned 4.25% vs 8.41% for UX. Their -0.03 correlation means they have often moved in opposite directions in the past. CVSB charges 0.24%/yr vs 0.75%/yr for UX.
Performance
CVSB vs. UX - Performance Comparison
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Returns By Period
In the year-to-date period, CVSB achieves a 2.14% return, which is significantly higher than UX's -7.20% return.
CVSB
- 1D
- 0.01%
- 1M
- 0.36%
- 6M
- 1.74%
- YTD
- 2.14%
- 1Y
- 4.25%
- 3Y*
- 5.41%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.37%
UX
- 1D
- -0.42%
- 1M
- -3.39%
- 6M
- -20.24%
- YTD
- -7.20%
- 1Y
- 8.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.01M | $2.16M | $1.65M | |
| $78.52K | $83.79K | $172.73K |
CVSB vs. UX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CVSB Calvert Ultra-Short Investment Grade ETF | 2.14% | 4.67% |
UX Roundhill Uranium ETF | -7.20% | 18.96% |
Correlation
The correlation between CVSB and UX is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2025 | -0.03 |
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Return for Risk
CVSB vs. UX — Risk / Return Rank
CVSB
UX
CVSB vs. UX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Ultra-Short Investment Grade ETF (CVSB) and Roundhill Uranium ETF (UX). 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.
| CVSB | UX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.00 | ||
| Sortino ratioReturn per unit of downside risk | +8.75 | ||
| Omega ratioGain probability vs. loss probability | 2.49 | 1.08 | +1.40 |
| Calmar ratioReturn relative to maximum drawdown | 19.43 | 0.42 | +19.00 |
| Martin ratioReturn relative to average drawdown | 81.65 | 0.76 | +80.89 |
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Drawdowns
CVSB vs. UX - Drawdown Comparison
The maximum CVSB drawdown since its inception was -0.63%, smaller than the maximum UX drawdown of -26.11%. Use the drawdown chart below to compare losses from any high point for CVSB and UX.
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Drawdown Indicators
| CVSB | UX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.63% | -26.11% | +25.48% |
Max Drawdown (1Y)Largest decline over 1 year | -0.23% | -26.11% | +25.88% |
Max Drawdown (3Y)Largest decline over 3 years | -0.63% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | -24.92% | +24.91% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -11.56% | +11.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 14.45% | -14.40% |
Volatility
CVSB vs. UX - Volatility Comparison
The current volatility for Calvert Ultra-Short Investment Grade ETF (CVSB) is 0.20%, while Roundhill Uranium ETF (UX) has a volatility of 9.15%. This indicates that CVSB experiences smaller price fluctuations and is considered to be less risky than UX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVSB | UX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 9.15% | -8.95% |
Volatility (6M)Calculated over the trailing 6-month period | 0.57% | 22.93% | -22.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.83% | 34.30% | -33.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.30% | 35.49% | -34.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.30% | 35.49% | -34.19% |
CVSB vs. UX - Expense Ratio Comparison
CVSB has a 0.24% expense ratio, which is lower than UX's 0.75% expense ratio.
Dividends
CVSB vs. UX - Dividend Comparison
CVSB's dividend yield for the trailing twelve months is around 4.28%, more than UX's 1.59% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CVSB Calvert Ultra-Short Investment Grade ETF | 4.28% | 4.72% | 5.13% | 4.95% |
UX Roundhill Uranium ETF | 1.59% | 1.48% | 0.00% | 0.00% |
Frequently Asked Questions
CVSB and UX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UX has higher volatility (9.15%) compared to CVSB (0.20%). In terms of maximum drawdown, CVSB dropped -0.63% vs UX's -26.11%.
On 1-year performance, UX leads with 8.41% vs 4.25% for CVSB. On fees, CVSB is cheaper at 0.24% per year. On volatility, CVSB has been the lower-risk option at 0.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, UX has performed better with a 8.41% return vs 4.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CVSB is cheaper with a 0.24% expense ratio, compared with 0.75% for UX.
CVSB has the higher dividend yield at 4.28%, compared with 1.59% for UX.
CVSB is categorized as Ultrashort Bond, while UX is Uranium. They also come from different issuers: Calvert and Roundhill. Their fees differ too: 0.24% for CVSB and 0.75% for UX.
CVSB currently has the higher Sharpe Ratio (5.32 vs 0.32), 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.
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