DUKQ vs. CVSE

Last updated Jun 5, 2026

DUKQ (Ocean Park Domestic ETF) and CVSE (Calvert US Select Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, DUKQ returned 27.09% vs 8.08% for CVSE. A 0.72 correlation means they provide meaningful diversification when combined. DUKQ charges 0.98%/yr vs 0.29%/yr for CVSE.

Performance

DUKQ vs. CVSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park Domestic ETF (DUKQ) and Calvert US Select Equity ETF (CVSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DUKQ

• 1D: 0.29%
• 1M: 5.34%
• YTD: 13.22%
• 6M: 12.99%
• 1Y: 27.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CVSE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 8.08%
• 3Y*: 13.49%
• 5Y*: —
• 10Y*: —

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

DUKQ vs. CVSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DUKQ Ocean Park Domestic ETF	13.22%	5.69%	5.13%
CVSE Calvert US Select Equity ETF	0.00%	10.14%	3.61%

Correlation

The correlation between DUKQ and CVSE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jul 12, 2024	0.72

Over the past year, the correlation between DUKQ and CVSE has dropped to 0.47 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

DUKQ vs. CVSE - Sectors Allocation Comparison

Sectors	DUKQ	CVSE
Technology	30.1%	39.5%
Industrials	11.5%	11.3%
Consumer Cyclical	10.5%	7.0%
Financial Services	10.3%	16.3%
Healthcare	8.6%	10.3%
Communication Services	8.0%	5.1%
Consumer Defensive	5.9%	1.7%
Energy	4.9%	-
Utilities	4.1%	2.5%
Real Estate	3.3%	3.5%
Basic Materials	2.9%	2.7%

Return for Risk

DUKQ vs. CVSE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DUKQ

DUKQ Risk / Return Rank: 70
DUKQ Sharpe Ratio Rank: 67
DUKQ Sortino Ratio Rank: 66
DUKQ Omega Ratio Rank: 66
DUKQ Calmar Ratio Rank: 71
DUKQ Martin Ratio Rank: 77

CVSE

CVSE Risk / Return Rank: 47
CVSE Sharpe Ratio Rank: 37
CVSE Sortino Ratio Rank: 37
CVSE Omega Ratio Rank: 68
CVSE Calmar Ratio Rank: 55
CVSE Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DUKQ vs. CVSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Domestic ETF (DUKQ) and Calvert US Select Equity ETF (CVSE). 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.

	DUKQ	CVSE	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.28	+0.91
Sortino ratio: Return per unit of downside risk	3.01	1.90	+1.11
Omega ratio: Gain probability vs. loss probability	1.39	1.40	-0.01
Calmar ratio: Return relative to maximum drawdown	3.47	2.67	+0.80
Martin ratio: Return relative to average drawdown	14.61	5.72	+8.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DUKQ vs. CVSE - Sharpe Ratio Comparison

The current DUKQ Sharpe Ratio is 2.19, which is higher than the CVSE Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of DUKQ and CVSE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DUKQ	CVSE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	1.28	+0.91
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.92	-0.04

Drawdowns

DUKQ vs. CVSE - Drawdown Comparison

The maximum DUKQ drawdown since its inception was -18.44%, smaller than the maximum CVSE drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for DUKQ and CVSE.

Drawdown Indicators

	DUKQ	CVSE	Difference
Max Drawdown Largest peak-to-trough decline	-18.44%	-20.29%	+1.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.84%	-3.08%	-4.76%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.29%	—
Current Drawdown Current decline from peak	-0.19%	-1.68%	+1.49%
Average Drawdown Average peak-to-trough decline	-3.90%	-2.69%	-1.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	1.43%	+0.43%

Volatility

DUKQ vs. CVSE - Volatility Comparison

Ocean Park Domestic ETF (DUKQ) has a higher volatility of 3.27% compared to Calvert US Select Equity ETF (CVSE) at 0.00%. This indicates that DUKQ's price experiences larger fluctuations and is considered to be riskier than CVSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUKQ	CVSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	0.00%	+3.27%
Volatility (6M) Calculated over the trailing 6-month period	9.27%	0.00%	+9.27%
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	6.42%	+6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.77%	13.86%	+0.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.77%	13.86%	+0.91%

DUKQ vs. CVSE - Expense Ratio Comparison

DUKQ has a 0.98% expense ratio, which is higher than CVSE's 0.29% expense ratio.

Dividends

DUKQ vs. CVSE - Dividend Comparison

DUKQ's dividend yield for the trailing twelve months is around 0.66%, more than CVSE's 0.59% yield.

Position	TTM	2025	2024	2023
CVSE Calvert US Select Equity ETF	0.59%	0.81%	1.05%	1.22%
DUKQ Ocean Park Domestic ETF	0.66%	0.68%	0.28%	0.00%

Frequently Asked Questions

Can I hold both DUKQ and CVSE in my portfolio?

DUKQ and CVSE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUKQ or CVSE?

DUKQ has higher volatility (3.27%) compared to CVSE (0.00%). In terms of maximum drawdown, DUKQ dropped -18.44% vs CVSE's -20.29%.

Which ETF is better, DUKQ or CVSE?

On 1-year performance, DUKQ leads with 27.09% vs 8.08% for CVSE. On fees, CVSE is cheaper at 0.29% per year. On volatility, CVSE has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUKQ or CVSE?

Over the 1-year period, DUKQ has performed better with a 27.09% return vs 8.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUKQ or CVSE?

CVSE is cheaper with a 0.29% expense ratio, compared with 0.98% for DUKQ.

Which ETF pays a higher dividend yield, DUKQ or CVSE?

DUKQ has the higher dividend yield at 0.66%, compared with 0.59% for CVSE.

What is the main difference between DUKQ and CVSE?

They also come from different issuers: Ocean Park and Calvert. Their fees differ too: 0.98% for DUKQ and 0.29% for CVSE.

Which has better risk-adjusted returns?

DUKQ currently has the higher Sharpe Ratio (2.19 vs 1.28), 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.