BCIL vs CVIE
Bancreek International Large Cap ETF vs Calvert International Responsible Index ETF
Which is better, BCIL or CVIE?
CVIE has been ahead.
CVIE has a lower expense ratio. CVIE led over 1Y and the full window. CVIE is less concentrated, with 20.1% of the fund in its ten largest positions against 42.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BCIL | CVIE |
|---|---|---|
| Expense Ratio | 0.80% | 0.18%Best |
| AUM | $89M | $490M |
| Dividend Yield | 0.72% | 2.39% |
| Holdings | 60 | 1,441 |
| YTD Return | +0.98% | +13.54%Best |
| 1Y Return | -1.44% | +20.96%Best |
| 3Y Return (annualized) | - | +21.76% |
| Volatility (annualized) | 15.4% | 13.7%Best |
| Max Drawdown | -16.2% | -13.5%Best |
| $10,000 over 2.6 years | $11,409 | $15,310Best |
| Top 10 Weight | 42.0% | 20.1%Best |
| Fund Family | Bancreek Capital Advisors | Calvert |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 21, 2024 | Jan 30, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 21, 2024 to Oct 14, 2026 (2.6 years).
BCIL vs CVIE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
BCIL vs CVIE Performance
Bancreek International Large Cap ETF (BCIL) is an ETF from Bancreek Capital Advisors and Calvert International Responsible Index ETF (CVIE) is an ETF from Calvert. Over the past year BCIL returned -1.44% while CVIE returned +20.96%. Year to date, BCIL is up 0.98% versus a gain of 13.54% for CVIE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCIL has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.7% for CVIE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.2% for BCIL and -13.5% for CVIE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCIL charges 0.80% per year while CVIE charges 0.18%. On a $10,000 position that is $80 vs $18 annually, a gap of $62 per year that compounds over a long holding period. On income, BCIL currently yields 0.72% against 2.39% for CVIE.
Holdings Overlap
57.3% of BCIL's money is in holdings CVIE also owns. 5.1% of CVIE's money is in holdings BCIL also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 30 positions we hold weights for in BCIL and 723 in CVIE, against full books of 60 and 1,441.
What only one of them owns
Our book lists 15 positions for CVIE that do not appear in our book for BCIL (1.6% of the fund), and 0 for BCIL that do not appear in CVIE (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BCIL | Weight in CVIE | Difference |
|---|---|---|---|
| 000660:KRSk Hynix Inc Common Stock KRW 5000 | 4.26% | 2.59% | 1.67% |
| NOVN:SMNovartis Ag Ordinary Shares | 3.97% | 0.92% | 3.05% |
| DOL:CADollarama Inc | 4.20% | 0.15% | 4.05% |
| 7936:JPAsics Corp | 3.92% | 0.06% | 3.86% |
| HOLN:SMLafargeholcim Limited, Class B | 3.66% | 0.23% | 3.43% |
| 5803:TKFujikura Ltd | 3.35% | 0.18% | 3.17% |
| DBSM:SIDBS Group Holdings Ltd Dbs Group Holdings Ltd | 2.92% | 0.45% | 2.47% |
| DPLM:LNDiploma Plc | 3.19% | 0.04% | 3.15% |
| LIFCO.B:STLifco Ab, Class 'B' | 3.02% | 0.03% | 2.99% |
| FER:ASFerrovial Se | 2.91% | 0.09% | 2.82% |
57.3% of BCIL is already inside CVIE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCIL or CVIE?
BCIL has an expense ratio of 0.80% while CVIE charges 0.18%. CVIE is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, BCIL or CVIE?
Over the past year BCIL returned -1.44% vs +20.96% for CVIE, so CVIE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCIL or CVIE?
BCIL has been the more volatile fund at 15.4% annualized versus 13.7% for CVIE. Worst drawdown: BCIL -16.2% vs CVIE -13.5%.
Should I hold both BCIL and CVIE?
BCIL and CVIE have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BCIL and CVIE?
57.3% of BCIL's money is in holdings CVIE also owns. 5.1% of CVIE's is in holdings BCIL also owns. They hold 18 positions in common, counted across the 30 positions we hold weights for in BCIL and 723 in CVIE.
Which pays a higher dividend, BCIL or CVIE?
BCIL yields 0.72% while CVIE yields 2.39%, so CVIE currently pays the higher dividend yield.
Is CVIE better than BCIL?
CVIE has a lower expense ratio. CVIE led over 1Y and the full window. CVIE is less concentrated, with 20.1% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.