CVSM vs. CVGD

Last updated Jul 8, 2026

CVSM (CresAlta Small & Mid-Cap ETF) and CVGD (CresAlta Global Dividend ETF) are both exchange-traded funds - CVSM is a Small Cap Blend Equities fund actively managed by CresAlta, while CVGD is a Global Equity Income fund actively managed by CresAlta. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. CVSM charges 0.55%/yr vs 0.50%/yr for CVGD.

Performance

CVSM vs. CVGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CresAlta Small & Mid-Cap ETF (CVSM) and CresAlta Global Dividend ETF (CVGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CVSM

• 1D: -0.20%
• 1M: 1.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CVGD

• 1D: 0.96%
• 1M: 2.22%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CVSM vs. CVGD - Yearly Performance Comparison

	2026 (YTD)
CVSM CresAlta Small & Mid-Cap ETF	3.84%
CVGD CresAlta Global Dividend ETF	2.40%

Correlation

The correlation between CVSM and CVGD is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.66

Return for Risk

CVSM vs. CVGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CresAlta Small & Mid-Cap ETF (CVSM) and CresAlta Global Dividend ETF (CVGD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

CVSM vs. CVGD - Drawdown Comparison

The maximum CVSM drawdown since its inception was -3.36%, which is greater than CVGD's maximum drawdown of -2.54%. Use the drawdown chart below to compare losses from any high point for CVSM and CVGD.

Drawdown Indicators

	CVSM	CVGD	Difference
Max Drawdown Largest peak-to-trough decline	-3.36%	-2.54%	-0.82%
Current Drawdown Current decline from peak	-0.80%	0.00%	-0.80%
Average Drawdown Average peak-to-trough decline	-0.92%	-0.83%	-0.09%

Volatility

Volatility by Period

	CVSM	CVGD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.23%	10.73%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.23%	10.73%	+0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.23%	10.73%	+0.50%

CVSM vs. CVGD - Expense Ratio Comparison

CVSM has a 0.55% expense ratio, which is higher than CVGD's 0.50% expense ratio.

Dividends

CVSM vs. CVGD - Dividend Comparison

CVSM's dividend yield for the trailing twelve months is around 0.23%, less than CVGD's 0.27% yield.

Position	TTM
CVGD CresAlta Global Dividend ETF	0.27%
CVSM CresAlta Small & Mid-Cap ETF	0.23%

Frequently Asked Questions

Can I hold both CVSM and CVGD in my portfolio?

CVSM and CVGD have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CVSM or CVGD?

On fees, CVGD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CVSM or CVGD?

CVGD is cheaper with a 0.50% expense ratio, compared with 0.55% for CVSM.

Which ETF pays a higher dividend yield, CVSM or CVGD?

CVGD has the higher dividend yield at 0.27%, compared with 0.23% for CVSM.

What is the main difference between CVSM and CVGD?

CVSM is categorized as Small Cap Blend Equities, while CVGD is Global Equity Income. Their fees differ too: 0.55% for CVSM and 0.50% for CVGD.