CVSE vs. NULV
Compare and contrast key facts about Calvert US Select Equity ETF (CVSE) and Nuveen ESG Large-Cap Value ETF (NULV).
CVSE and NULV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CVSE is an actively managed fund by Calvert. It was launched on Jan 30, 2023. NULV is a passively managed fund by Nuveen that tracks the performance of the MSCI TIAA ESG USA Large Cap Value. It was launched on Dec 13, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVSE or NULV.
Key characteristics
| CVSE | NULV | |
|---|---|---|
| YTD Return | 19.24% | 14.33% |
| 1Y Return | 32.51% | 25.37% |
| Sharpe Ratio | 2.70 | 2.36 |
| Sortino Ratio | 3.67 | 3.28 |
| Omega Ratio | 1.50 | 1.42 |
| Calmar Ratio | 3.79 | 1.80 |
| Martin Ratio | 15.19 | 12.78 |
| Ulcer Index | 2.14% | 1.96% |
| Daily Std Dev | 12.04% | 10.60% |
| Max Drawdown | -11.56% | -36.99% |
| Current Drawdown | -2.35% | -2.94% |
Correlation
The correlation between CVSE and NULV is 0.83, 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.
Performance
CVSE vs. NULV - Performance Comparison
In the year-to-date period, CVSE achieves a 19.24% return, which is significantly higher than NULV's 14.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CVSE vs. NULV - Expense Ratio Comparison
CVSE has a 0.29% expense ratio, which is higher than NULV's 0.25% expense ratio.
Risk-Adjusted Performance
CVSE vs. NULV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert US Select Equity ETF (CVSE) and Nuveen ESG Large-Cap Value ETF (NULV). 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
CVSE vs. NULV - Dividend Comparison
CVSE's dividend yield for the trailing twelve months is around 1.09%, less than NULV's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
CVSE Calvert US Select Equity ETF | 1.09% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NULV Nuveen ESG Large-Cap Value ETF | 2.23% | 2.55% | 2.12% | 4.52% | 1.42% | 1.47% | 3.73% | 1.22% |
Drawdowns
CVSE vs. NULV - Drawdown Comparison
The maximum CVSE drawdown since its inception was -11.56%, smaller than the maximum NULV drawdown of -36.99%. Use the drawdown chart below to compare losses from any high point for CVSE and NULV. For additional features, visit the drawdowns tool.
Volatility
CVSE vs. NULV - Volatility Comparison
Calvert US Select Equity ETF (CVSE) has a higher volatility of 3.26% compared to Nuveen ESG Large-Cap Value ETF (NULV) at 2.76%. This indicates that CVSE's price experiences larger fluctuations and is considered to be riskier than NULV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.