ELCV vs. CSTK

Last updated Jun 4, 2026

ELCV (Eventide High Dividend ETF) and CSTK (Invesco Comstock Contrarian Equity ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, ELCV returned 30.91% vs 26.71% for CSTK. A 0.75 correlation means they provide meaningful diversification when combined. ELCV charges 0.49%/yr vs 0.35%/yr for CSTK.

Performance

ELCV vs. CSTK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide High Dividend ETF (ELCV) and Invesco Comstock Contrarian Equity ETF (CSTK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELCV achieves a 21.38% return, which is significantly higher than CSTK's 11.29% return.

ELCV

• 1D: 0.48%
• 1M: 4.35%
• YTD: 21.38%
• 6M: 20.08%
• 1Y: 30.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSTK

• 1D: 0.07%
• 1M: 3.59%
• YTD: 11.29%
• 6M: 13.04%
• 1Y: 26.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ELCV vs. CSTK - Yearly Performance Comparison

	2026 (YTD)	2025
ELCV Eventide High Dividend ETF	21.38%	11.50%
CSTK Invesco Comstock Contrarian Equity ETF	11.29%	18.33%

Correlation

The correlation between ELCV and CSTK is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since May 8, 2025	0.75

The correlation between ELCV and CSTK has been stable across timeframes, ranging from 0.75 to 0.75 - a consistent structural relationship.

Return for Risk

ELCV vs. CSTK — Risk / Return Rank

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

ELCV

ELCV Risk / Return Rank: 86
ELCV Sharpe Ratio Rank: 83
ELCV Sortino Ratio Rank: 82
ELCV Omega Ratio Rank: 79
ELCV Calmar Ratio Rank: 92
ELCV Martin Ratio Rank: 91

CSTK

CSTK Risk / Return Rank: 70
CSTK Sharpe Ratio Rank: 74
CSTK Sortino Ratio Rank: 77
CSTK Omega Ratio Rank: 71
CSTK Calmar Ratio Rank: 62
CSTK Martin Ratio Rank: 66

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.

ELCV vs. CSTK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide High Dividend ETF (ELCV) and Invesco Comstock Contrarian Equity ETF (CSTK). 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.

	ELCV	CSTK	Difference
Sharpe ratio: Return per unit of total volatility	2.71	2.38	+0.33
Sortino ratio: Return per unit of downside risk	3.70	3.42	+0.28
Omega ratio: Gain probability vs. loss probability	1.48	1.42	+0.05
Calmar ratio: Return relative to maximum drawdown	6.15	3.02	+3.12
Martin ratio: Return relative to average drawdown	21.81	11.85	+9.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ELCV vs. CSTK - Sharpe Ratio Comparison

The current ELCV Sharpe Ratio is 2.71, which is comparable to the CSTK Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of ELCV and CSTK, 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

	ELCV	CSTK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.71	2.38	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	2.54	-1.39

Drawdowns

ELCV vs. CSTK - Drawdown Comparison

The maximum ELCV drawdown since its inception was -18.38%, which is greater than CSTK's maximum drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for ELCV and CSTK.

Drawdown Indicators

	ELCV	CSTK	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-8.87%	-9.51%
Max Drawdown (1Y) Largest decline over 1 year	-5.05%	-8.87%	+3.82%
Current Drawdown Current decline from peak	0.00%	-0.60%	+0.60%
Average Drawdown Average peak-to-trough decline	-3.75%	-1.28%	-2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.43%	2.26%	-0.83%

Volatility

ELCV vs. CSTK - Volatility Comparison

Eventide High Dividend ETF (ELCV) has a higher volatility of 3.61% compared to Invesco Comstock Contrarian Equity ETF (CSTK) at 2.68%. This indicates that ELCV's price experiences larger fluctuations and is considered to be riskier than CSTK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELCV	CSTK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	2.68%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	8.75%	8.45%	+0.30%
Volatility (1Y) Calculated over the trailing 1-year period	11.47%	11.28%	+0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.38%	11.60%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.38%	11.60%	+3.78%

ELCV vs. CSTK - Expense Ratio Comparison

ELCV has a 0.49% expense ratio, which is higher than CSTK's 0.35% expense ratio.

Dividends

ELCV vs. CSTK - Dividend Comparison

ELCV's dividend yield for the trailing twelve months is around 1.76%, which matches CSTK's 1.77% yield.

Position	TTM	2025	2024
CSTK Invesco Comstock Contrarian Equity ETF	1.77%	1.44%	0.00%
ELCV Eventide High Dividend ETF	1.76%	2.34%	0.29%

Frequently Asked Questions

Can I hold both ELCV and CSTK in my portfolio?

ELCV and CSTK have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ELCV or CSTK?

ELCV has higher volatility (3.61%) compared to CSTK (2.68%). In terms of maximum drawdown, ELCV dropped -18.38% vs CSTK's -8.87%.

Which ETF is better, ELCV or CSTK?

On 1-year performance, ELCV leads with 30.91% vs 26.71% for CSTK. On fees, CSTK is cheaper at 0.35% per year. On volatility, CSTK has been the lower-risk option at 2.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ELCV or CSTK?

Over the 1-year period, ELCV has performed better with a 30.91% return vs 26.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ELCV or CSTK?

CSTK is cheaper with a 0.35% expense ratio, compared with 0.49% for ELCV.

Which ETF pays a higher dividend yield, ELCV or CSTK?

ELCV and CSTK have nearly identical dividend yields, around 1.76%.

What is the main difference between ELCV and CSTK?

They also come from different issuers: Eventide and Invesco. Their fees differ too: 0.49% for ELCV and 0.35% for CSTK.

Which has better risk-adjusted returns?

ELCV currently has the higher Sharpe Ratio (2.71 vs 2.38), 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.