PTL vs. CVSE

Last updated Jun 4, 2026

PTL (Inspire 500 ETF) and CVSE (Calvert US Select Equity ETF) are both Large Cap Blend Equities funds. PTL is passively managed, while CVSE is actively managed. Over the past year, PTL returned 31.98% vs 8.06% for CVSE. A 0.72 correlation means they provide meaningful diversification when combined. PTL charges 0.09%/yr vs 0.29%/yr for CVSE.

Performance

PTL vs. CVSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire 500 ETF (PTL) and Calvert US Select Equity ETF (CVSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PTL

• 1D: -0.12%
• 1M: 5.59%
• YTD: 17.90%
• 6M: 15.73%
• 1Y: 31.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CVSE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 8.06%
• 3Y*: 13.34%
• 5Y*: —
• 10Y*: —

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

PTL vs. CVSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTL Inspire 500 ETF	17.90%	17.92%	7.90%
CVSE Calvert US Select Equity ETF	0.00%	10.14%	8.64%

Correlation

The correlation between PTL and CVSE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024	0.72

Over the past year, the correlation between PTL and CVSE has dropped to 0.39 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

PTL vs. CVSE - Sectors Allocation Comparison

Sectors	PTL	CVSE
Technology	30.5%	39.5%
Industrials	19.5%	11.3%
Energy	10.0%	-
Financial Services	7.9%	16.3%
Consumer Cyclical	7.0%	7.0%
Basic Materials	6.2%	2.7%
Real Estate	6.1%	3.5%
Healthcare	5.1%	10.3%
Utilities	4.7%	2.5%
Consumer Defensive	2.2%	1.7%
Communication Services	1.0%	5.1%

Return for Risk

PTL vs. CVSE — Risk / Return Rank

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

PTL

PTL Risk / Return Rank: 72
PTL Sharpe Ratio Rank: 67
PTL Sortino Ratio Rank: 65
PTL Omega Ratio Rank: 65
PTL Calmar Ratio Rank: 81
PTL Martin Ratio Rank: 81

CVSE

CVSE Risk / Return Rank: 46
CVSE Sharpe Ratio Rank: 36
CVSE Sortino Ratio Rank: 37
CVSE Omega Ratio Rank: 67
CVSE Calmar Ratio Rank: 54
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.

PTL vs. CVSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire 500 ETF (PTL) 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.

	PTL	CVSE	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.28	+0.92
Sortino ratio: Return per unit of downside risk	2.99	1.90	+1.10
Omega ratio: Gain probability vs. loss probability	1.39	1.40	-0.01
Calmar ratio: Return relative to maximum drawdown	4.24	2.66	+1.58
Martin ratio: Return relative to average drawdown	15.81	5.71	+10.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTL vs. CVSE - Sharpe Ratio Comparison

The current PTL 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 PTL 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

	PTL	CVSE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	1.28	+0.92
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	0.92	+0.24

Drawdowns

PTL vs. CVSE - Drawdown Comparison

The maximum PTL drawdown since its inception was -19.72%, roughly equal to the maximum CVSE drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for PTL and CVSE.

Drawdown Indicators

	PTL	CVSE	Difference
Max Drawdown Largest peak-to-trough decline	-19.72%	-20.29%	+0.57%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-3.08%	-4.49%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.29%	—
Current Drawdown Current decline from peak	-0.12%	-1.68%	+1.56%
Average Drawdown Average peak-to-trough decline	-2.47%	-2.69%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	1.42%	+0.61%

Volatility

PTL vs. CVSE - Volatility Comparison

Inspire 500 ETF (PTL) has a higher volatility of 4.16% compared to Calvert US Select Equity ETF (CVSE) at 0.00%. This indicates that PTL'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

	PTL	CVSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	0.00%	+4.16%
Volatility (6M) Calculated over the trailing 6-month period	11.31%	0.00%	+11.31%
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	6.49%	+8.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.68%	13.87%	+3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	13.87%	+3.81%

PTL vs. CVSE - Expense Ratio Comparison

PTL has a 0.09% expense ratio, which is lower than CVSE's 0.29% expense ratio.

Dividends

PTL vs. CVSE - Dividend Comparison

PTL's dividend yield for the trailing twelve months is around 1.09%, 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%
PTL Inspire 500 ETF	1.09%	1.24%	0.92%	0.00%

Frequently Asked Questions

Can I hold both PTL and CVSE in my portfolio?

PTL and CVSE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PTL or CVSE?

PTL has higher volatility (4.16%) compared to CVSE (0.00%). In terms of maximum drawdown, PTL dropped -19.72% vs CVSE's -20.29%.

Which ETF is better, PTL or CVSE?

On 1-year performance, PTL leads with 31.98% vs 8.06% for CVSE. On fees, PTL is cheaper at 0.09% 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, PTL or CVSE?

Over the 1-year period, PTL has performed better with a 31.98% return vs 8.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTL or CVSE?

PTL is cheaper with a 0.09% expense ratio, compared with 0.29% for CVSE.

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

PTL has the higher dividend yield at 1.09%, compared with 0.59% for CVSE.

What is the main difference between PTL and CVSE?

They also come from different issuers: Inspire and Calvert. Their fees differ too: 0.09% for PTL and 0.29% for CVSE.

Which has better risk-adjusted returns?

PTL 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.