BWTG vs CVMC
Brendan Wood TopGun ETF vs Calvert US Mid-Cap Core Responsible Index ETF
Which is better, BWTG or CVMC?
Each has led over a different period.
CVMC has a lower expense ratio. BWTG led over 3Y and the full window, CVMC over 1Y. CVMC is less concentrated, with 5.9% of the fund in its ten largest positions against 56.7%.
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 | BWTG | CVMC |
|---|---|---|
| Expense Ratio | 0.95% | 0.15%Best |
| AUM | $21M | $115M |
| Dividend Yield | 0.33% | 1.23% |
| Holdings | 42 | 1,184 |
| YTD Return | +5.61% | +14.85%Best |
| 1Y Return | +10.02% | +18.30%Best |
| 3Y Return (annualized) | +19.00%Best | +17.39% |
| Volatility (annualized) | 11.8%Best | 14.2% |
| Max Drawdown | -13.2%Best | -22.5% |
| $10,000 over 2.9 years | $16,561Best | $16,521 |
| Top 10 Weight | 56.7% | 5.9%Best |
| Fund Family | Brendan Wood TopGun | Calvert |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Nov 9, 2023 | Jan 30, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 9, 2023 to Oct 14, 2026 (2.9 years).
BWTG vs CVMC 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 2.9 years both funds cover.
BWTG vs CVMC Performance
Brendan Wood TopGun ETF (BWTG) is an ETF from Brendan Wood TopGun and Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is an ETF from Calvert. Over the past year BWTG returned +10.02% while CVMC returned +18.30%. Year to date, BWTG is up 5.61% versus a gain of 14.85% for CVMC.
Over three years, BWTG compounded at +19.00% per year against +17.39% for CVMC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CVMC has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 11.8% for BWTG. 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 -13.2% for BWTG and -22.5% for CVMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BWTG charges 0.95% per year while CVMC charges 0.15%. On a $10,000 position that is $95 vs $15 annually, a gap of $80 per year that compounds over a long holding period. On income, BWTG currently yields 0.33% against 1.23% for CVMC.
Holdings Overlap
3.6% of BWTG's money is in holdings CVMC also owns. 0.5% of CVMC's money is in holdings BWTG also owns.
BWTG and CVMC share little of their money.
1 positions in common, counted across the 20 positions we hold weights for in BWTG and 595 in CVMC, against full books of 42 and 1,184.
What only one of them owns
Our book lists 582 positions for CVMC that do not appear in our book for BWTG (97.1% of the fund), and 14 for BWTG that do not appear in CVMC (70.8%).
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 BWTG | Weight in CVMC | Difference |
|---|---|---|---|
| AMEAmetek Inc | 3.64% | 0.53% | 3.11% |
You are not choosing between two funds in isolation.
Whichever of BWTG and CVMC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BWTG or CVMC?
BWTG has an expense ratio of 0.95% while CVMC charges 0.15%. CVMC is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, BWTG or CVMC?
Over the past year BWTG returned +10.02% vs +18.30% for CVMC, so CVMC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BWTG or CVMC?
CVMC has been the more volatile fund at 14.2% annualized versus 11.8% for BWTG. Worst drawdown: BWTG -13.2% vs CVMC -22.5%.
Should I hold both BWTG and CVMC?
BWTG and CVMC have a monthly-return correlation of 0.84, 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 BWTG and CVMC?
3.6% of BWTG's money is in holdings CVMC also owns. 0.5% of CVMC's is in holdings BWTG also owns. They hold 1 positions in common, counted across the 20 positions we hold weights for in BWTG and 595 in CVMC.
Which pays a higher dividend, BWTG or CVMC?
BWTG yields 0.33% while CVMC yields 1.23%, so CVMC currently pays the higher dividend yield.
Is CVMC better than BWTG?
CVMC has a lower expense ratio. BWTG led over 3Y and the full window, CVMC over 1Y. CVMC is less concentrated, with 5.9% of the fund in its ten largest positions against 56.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.