EBI vs. CVSE

Last updated Jun 5, 2026

EBI (Longview Advantage ETF) and CVSE (Calvert US Select Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, EBI returned 34.11% vs 8.08% for CVSE. A 0.64 correlation means they provide meaningful diversification when combined. EBI charges 0.24%/yr vs 0.29%/yr for CVSE.

Performance

EBI vs. CVSE - Performance Comparison

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

Returns By Period

EBI

• 1D: 0.21%
• 1M: 3.43%
• YTD: 14.86%
• 6M: 15.24%
• 1Y: 34.11%
• 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)

EBI vs. CVSE - Yearly Performance Comparison

	2026 (YTD)	2025
EBI Longview Advantage ETF	14.86%	15.82%
CVSE Calvert US Select Equity ETF	0.00%	9.94%

Correlation

The correlation between EBI 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 Feb 28, 2025	0.64

The correlation between EBI and CVSE shifts across timeframes, from 0.47 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EBI vs. CVSE — Risk / Return Rank

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

EBI

EBI Risk / Return Rank: 87
EBI Sharpe Ratio Rank: 87
EBI Sortino Ratio Rank: 87
EBI Omega Ratio Rank: 85
EBI Calmar Ratio Rank: 87
EBI Martin Ratio Rank: 89

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.

EBI vs. CVSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Longview Advantage ETF (EBI) 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.

	EBI	CVSE	Difference
Sharpe ratio: Return per unit of total volatility	2.83	1.28	+1.55
Sortino ratio: Return per unit of downside risk	3.87	1.90	+1.97
Omega ratio: Gain probability vs. loss probability	1.50	1.40	+0.10
Calmar ratio: Return relative to maximum drawdown	4.83	2.67	+2.17
Martin ratio: Return relative to average drawdown	19.92	5.72	+14.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EBI vs. CVSE - Sharpe Ratio Comparison

The current EBI Sharpe Ratio is 2.83, which is higher than the CVSE Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of EBI 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

	EBI	CVSE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.83	1.28	+1.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	0.92	+0.50

Drawdowns

EBI vs. CVSE - Drawdown Comparison

The maximum EBI drawdown since its inception was -17.05%, smaller than the maximum CVSE drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for EBI and CVSE.

Drawdown Indicators

	EBI	CVSE	Difference
Max Drawdown Largest peak-to-trough decline	-17.05%	-20.29%	+3.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.09%	-3.08%	-4.01%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.29%	—
Current Drawdown Current decline from peak	-0.24%	-1.68%	+1.44%
Average Drawdown Average peak-to-trough decline	-2.06%	-2.69%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	1.43%	+0.29%

Volatility

EBI vs. CVSE - Volatility Comparison

Longview Advantage ETF (EBI) has a higher volatility of 2.85% compared to Calvert US Select Equity ETF (CVSE) at 0.00%. This indicates that EBI'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

	EBI	CVSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.85%	0.00%	+2.85%
Volatility (6M) Calculated over the trailing 6-month period	8.80%	0.00%	+8.80%
Volatility (1Y) Calculated over the trailing 1-year period	12.13%	6.42%	+5.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.93%	13.86%	+4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.93%	13.86%	+4.07%

EBI vs. CVSE - Expense Ratio Comparison

EBI has a 0.24% expense ratio, which is lower than CVSE's 0.29% expense ratio.

Dividends

EBI vs. CVSE - Dividend Comparison

EBI's dividend yield for the trailing twelve months is around 0.92%, 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%
EBI Longview Advantage ETF	0.92%	1.05%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EBI and CVSE in my portfolio?

EBI 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, EBI or CVSE?

EBI has higher volatility (2.85%) compared to CVSE (0.00%). In terms of maximum drawdown, EBI dropped -17.05% vs CVSE's -20.29%.

Which ETF is better, EBI or CVSE?

On 1-year performance, EBI leads with 34.11% vs 8.08% for CVSE. On fees, EBI is cheaper at 0.24% 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, EBI or CVSE?

Over the 1-year period, EBI has performed better with a 34.11% return vs 8.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EBI or CVSE?

EBI is cheaper with a 0.24% expense ratio, compared with 0.29% for CVSE.

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

EBI has the higher dividend yield at 0.92%, compared with 0.59% for CVSE.

What is the main difference between EBI and CVSE?

They also come from different issuers: Longview and Calvert. Their fees differ too: 0.24% for EBI and 0.29% for CVSE.

Which has better risk-adjusted returns?

EBI currently has the higher Sharpe Ratio (2.83 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.