CVLC vs USSE
Calvert US Large-Cap Core Responsible Index ETF vs Segall Bryant & Hamill Select Equity ETF
Which is better, CVLC or USSE?
Each has led over a different period.
CVLC has a lower expense ratio. CVLC led over 3Y and the full window, USSE over 1Y. The two have moved almost in lockstep, correlation 0.91. CVLC is less concentrated, with 38.2% of the fund in its ten largest positions against 58.1%.
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 | CVLC | USSE |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.65% |
| AUM | $1.0B | $372M |
| Dividend Yield | 0.93% | 0.00% |
| Holdings | 1,511 | 42 |
| YTD Return | +12.83% | +22.80%Best |
| 1Y Return | +17.38% | +25.31%Best |
| 3Y Return (annualized) | +22.00%Best | +18.49% |
| Volatility (annualized) | 13.7% | 13.3%Best |
| Max Drawdown | -19.9%Best | -22.4% |
| $10,000 over 3.1 years | $17,385Best | $16,412 |
| Top 10 Weight | 38.2%Best | 58.1% |
| Fund Family | Calvert | Segall Bryaant & Hamill Asset management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 30, 2023 | Aug 29, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 30, 2023 to Oct 14, 2026 (3.1 years).
CVLC vs USSE 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 3.1 years both funds cover.
CVLC vs USSE Performance
Calvert US Large-Cap Core Responsible Index ETF (CVLC) is an ETF from Calvert and Segall Bryant & Hamill Select Equity ETF (USSE) is an ETF from Segall Bryaant & Hamill Asset management. Over the past year CVLC returned +17.38% while USSE returned +25.31%. Year to date, CVLC is up 12.83% versus a gain of 22.80% for USSE.
Over three years, CVLC compounded at +22.00% per year against +18.49% for USSE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CVLC has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 13.3% for USSE. 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 -19.9% for CVLC and -22.4% for USSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CVLC charges 0.15% per year while USSE charges 0.65%. On a $10,000 position that is $15 vs $65 annually, a gap of $50 per year that compounds over a long holding period. On income, CVLC currently yields 0.93% against 0.00% for USSE.
Holdings Overlap
30.1% of CVLC's money is in holdings USSE also owns. 79.0% of USSE's money is in holdings CVLC also owns.
Most of USSE is already inside CVLC. Owning both mostly buys the same companies twice.
16 positions in common, counted across the 759 positions we hold weights for in CVLC and 20 in USSE, against full books of 1,511 and 42.
What only one of them owns
Our book lists 3 positions for USSE that do not appear in our book for CVLC (14.7% of the fund), and 724 for CVLC that do not appear in USSE (68.9%).
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 CVLC | Weight in USSE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.80% | 7.48% | 0.32% |
| MSFTMicrosoft Corp | 5.49% | 7.22% | 1.73% |
| AAPLApple, Inc | 7.03% | 4.67% | 2.36% |
| AMZNAmazon.Com Inc | 3.63% | 5.61% | 1.98% |
| ANETArista Networks Inc. | 0.36% | 5.81% | 5.45% |
| ATIAti Inc | 0.11% | 5.92% | 5.81% |
| PANWPalo Alto Networks, Inc | 0.54% | 5.05% | 4.51% |
| JPMJpmorgan Chase | 1.38% | 4.20% | 2.82% |
| LLYEli Lilly & Co. | 1.52% | 4.02% | 2.50% |
| MRVLMarvell Technology Inc | 0.39% | 4.75% | 4.36% |
79.0% of USSE is already inside CVLC.
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, CVLC or USSE?
CVLC has an expense ratio of 0.15% while USSE charges 0.65%. CVLC is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, CVLC or USSE?
Over the past year CVLC returned +17.38% vs +25.31% for USSE, so USSE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CVLC or USSE?
CVLC has been the more volatile fund at 13.7% annualized versus 13.3% for USSE. Worst drawdown: CVLC -19.9% vs USSE -22.4%.
Should I hold both CVLC and USSE?
CVLC and USSE have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CVLC and USSE?
79.0% of USSE's money is in holdings CVLC also owns. 79.0% of USSE's is in holdings CVLC also owns. They hold 16 positions in common, counted across the 759 positions we hold weights for in CVLC and 20 in USSE.
Which pays a higher dividend, CVLC or USSE?
CVLC yields 0.93% while USSE yields 0.00%, so CVLC currently pays the higher dividend yield.
Is USSE better than CVLC?
CVLC has a lower expense ratio. CVLC led over 3Y and the full window, USSE over 1Y. The two have moved almost in lockstep, correlation 0.91. CVLC is less concentrated, with 38.2% of the fund in its ten largest positions against 58.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.