CVMC vs FORH
Calvert US Mid-Cap Core Responsible Index ETF vs Formidable ETF
Which is better, CVMC or FORH?
CVMC has been ahead.
CVMC has a lower expense ratio. CVMC led over 1Y, 3Y and the full window.
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 | CVMC | FORH |
|---|---|---|
| Expense Ratio | 0.15%Best | 1.19% |
| AUM | $115M | $19M |
| Dividend Yield | 1.23% | 1.86% |
| Holdings | 1,184 | 129 |
| YTD Return | +14.85%Best | -2.55% |
| 1Y Return | +18.30%Best | -13.00% |
| 3Y Return (annualized) | +17.39%Best | +3.48% |
| 5Y Return (annualized) | - | +0.76% |
| Volatility (annualized) | 15.5% | 13.2%Best |
| Max Drawdown | -22.5% | -19.4%Best |
| $10,000 over 3.7 years | $14,930Best | $9,849 |
| Fund Family | Calvert | Formidable Funds |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jan 30, 2023 | Apr 29, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 1, 2023 to Oct 14, 2026 (3.7 years).
CVMC vs FORH 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 3.7 years both funds cover.
CVMC vs FORH Performance
Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is an ETF from Calvert and Formidable ETF (FORH) is an ETF from Formidable Funds. Over the past year CVMC returned +18.30% while FORH returned -13.00%. Year to date, CVMC is up 14.85% versus a loss of 2.55% for FORH.
Over three years, CVMC compounded at +17.39% per year against +3.48% for FORH. Across the full 4-year window we track, CVMC has the edge at +11.44% annualized vs -0.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CVMC has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.2% for FORH. 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 -22.5% for CVMC and -19.4% for FORH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CVMC charges 0.15% per year while FORH charges 1.19%. On a $10,000 position that is $15 vs $119 annually, a gap of $104 per year that compounds over a long holding period. On income, CVMC currently yields 1.23% against 1.86% for FORH.
Holdings Overlap
At least 2.5% of CVMC's money is in holdings FORH also owns.
Stated as a floor: for FORH, our book for it covers 83.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
CVMC and FORH share little of their money.
15 positions in common, counted across the 595 positions we hold weights for in CVMC and 38 in FORH, against full books of 1,184 and 129.
Top Shared Holdings
| Stock | Weight in CVMC | Weight in FORH | Difference |
|---|---|---|---|
| VEEVVeeva Systems Inc | 0.39% | 3.38% | 2.99% |
| ATIAti Inc | 0.27% | 2.91% | 2.64% |
| GNRCGenerac Holdings, Inc. | 0.13% | 2.33% | 2.20% |
| NVT:LNNvent Electric Pl | 0.28% | 2.15% | 1.87% |
| CORTCorcept Therapeutics Inc | 0.11% | 1.95% | 1.84% |
| SPXCSpx Corp | 0.09% | 1.94% | 1.85% |
| FSLRFirst Solar, Inc | 0.15% | 1.65% | 1.50% |
| MANHManhattan Associates Inc | 0.13% | 1.54% | 1.41% |
| ONTOOnto Innovation Inc | 0.18% | 1.38% | 1.20% |
| RMBSRambus Inc | 0.14% | 1.24% | 1.10% |
You are not choosing between two funds in isolation.
Whichever of CVMC and FORH 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, CVMC or FORH?
CVMC has an expense ratio of 0.15% while FORH charges 1.19%. CVMC is the cheaper option, by $104 a year on a $10,000 investment.
Which performed better, CVMC or FORH?
Over the past year CVMC returned +18.30% vs -13.00% for FORH, so CVMC leads on 1-year performance. Over the longest common window we track (4 years), CVMC annualized +11.44% vs -0.41% for FORH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CVMC or FORH?
CVMC has been the more volatile fund at 15.5% annualized versus 13.2% for FORH. Worst drawdown: CVMC -22.5% vs FORH -19.4%.
Should I hold both CVMC and FORH?
CVMC and FORH have a monthly-return correlation of 0.68, 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 CVMC and FORH?
At least 2.5% of CVMC's money is in holdings FORH also owns. Our book for FORH is partial, so the real figure is this or higher. They hold 15 positions in common, counted across the 595 positions we hold weights for in CVMC and 38 in FORH.
Which pays a higher dividend, CVMC or FORH?
CVMC yields 1.23% while FORH yields 1.86%, so FORH currently pays the higher dividend yield.
Is FORH better than CVMC?
CVMC has a lower expense ratio. CVMC led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.