CVTRX vs. SPY
Compare and contrast key facts about Calamos Growth and Income Fund (CVTRX) and SPDR S&P 500 ETF (SPY).
CVTRX is managed by Calamos. It was launched on Sep 21, 1988. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVTRX or SPY.
Correlation
The correlation between CVTRX and SPY is 0.90, 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
CVTRX vs. SPY - Performance Comparison
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Key characteristics
CVTRX:
0.49
SPY:
0.70
CVTRX:
0.79
SPY:
1.13
CVTRX:
1.11
SPY:
1.17
CVTRX:
0.44
SPY:
0.76
CVTRX:
1.42
SPY:
2.93
CVTRX:
5.90%
SPY:
4.86%
CVTRX:
17.14%
SPY:
20.29%
CVTRX:
-44.13%
SPY:
-55.19%
CVTRX:
-6.08%
SPY:
-3.97%
Returns By Period
In the year-to-date period, CVTRX achieves a 0.58% return, which is significantly higher than SPY's 0.43% return. Over the past 10 years, CVTRX has underperformed SPY with an annualized return of 5.76%, while SPY has yielded a comparatively higher 12.66% annualized return.
CVTRX
0.58%
9.36%
-4.16%
8.35%
10.16%
5.76%
SPY
0.43%
9.91%
-1.06%
14.09%
17.31%
12.66%
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CVTRX vs. SPY - Expense Ratio Comparison
CVTRX has a 1.05% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
CVTRX vs. SPY — Risk-Adjusted Performance Rank
CVTRX
SPY
CVTRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Growth and Income Fund (CVTRX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
CVTRX vs. SPY - Dividend Comparison
CVTRX's dividend yield for the trailing twelve months is around 0.70%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVTRX Calamos Growth and Income Fund | 0.70% | 0.73% | 0.64% | 1.19% | 0.53% | 1.04% | 1.23% | 1.88% | 1.55% | 3.25% | 3.57% | 1.31% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CVTRX vs. SPY - Drawdown Comparison
The maximum CVTRX drawdown since its inception was -44.13%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CVTRX and SPY. For additional features, visit the drawdowns tool.
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Volatility
CVTRX vs. SPY - Volatility Comparison
The current volatility for Calamos Growth and Income Fund (CVTRX) is 5.28%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.25%. This indicates that CVTRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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