CVLC vs VTI

Quick Verdict

VTI has a lower expense ratio. CVLC delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: CVLCMore Diversified: VTI

Side-by-Side Comparison

MetricCVLCVTIWinner
Expense Ratio0.15%0.03%
AUM$876M$663.5B
Dividend Yield1.06%1.07%
Holdings7843,543
YTD Return+14.74%+13.39%
1Y Return+25.21%+23.21%
3Y Return (annualized)+21.12%+20.65%
5Y Return (annualized)-+12.18%
Volatility (annualized)13.4%15.3%
Max Drawdown-19.9%-56.6%
Fund FamilyCalvertVanguard (US)
CategoryEquityEquity
InceptionJan 30, 2023May 24, 2001

CVLC vs VTI Performance

Calvert US Large-Cap Core Responsible Index ETF (CVLC) is a ETF from Calvert and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year CVLC returned +25.21% while VTI returned +23.21%. Year to date, CVLC is up 14.74% versus a gain of 13.39% for VTI.

Over three years, CVLC compounded at +21.12% per year against +20.65% for VTI. Across the full 4-year window we track, CVLC has the edge at +20.90% annualized vs +8.11%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.4% for CVLC. 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 -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 1.00. 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 VTI charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, CVLC currently yields 1.06% against 1.07% for VTI.

Holdings Overlap

70.3%overlap

CVLC and VTI share 590 holdings out of 2896 unique holdings combined, representing a 70.3% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in CVLCWeight in VTIDifference
NVDA7.10%6.32%0.78%
AAPL6.24%5.84%0.40%
GOOGL6.39%2.88%3.51%
MSFTProProPro
AMZNProProPro
AVGOProProPro
MUProProPro
LLYProProPro
JPM:USProProPro
AMDProProPro
See all 10 holdings CVLC shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, CVLC or VTI?

CVLC has an expense ratio of 0.15% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, CVLC or VTI?

Over the past year CVLC returned +25.21% vs +23.21% for VTI, so CVLC leads on 1-year performance. Over the longest common window we track (4 years), CVLC annualized +20.90% vs +8.11% for VTI. Past performance does not guarantee future results.

Which is riskier, CVLC or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 13.4% for CVLC. Worst drawdown: CVLC -19.9% vs VTI -56.6%.

Should I hold both CVLC and VTI?

CVLC and VTI have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between CVLC and VTI?

CVLC and VTI share 590 common holdings with a 70.3% weight overlap. Combined, they hold 2896 unique securities.

Which pays a higher dividend, CVLC or VTI?

CVLC yields 1.06% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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