CVMC vs VOO
CVMC vs VOO
Calvert US Mid-Cap Core Responsible Index ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. CVMC delivered stronger 1-year returns. CVMC offers more diversification with 610 holdings.
Side-by-Side Comparison
| Metric | CVMC | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $103M | $979.0B | |
| Dividend Yield | 1.35% | 1.09% | |
| Holdings | 622 | 509 | |
| YTD Return | +21.02% | +13.53% | |
| 1Y Return | +27.88% | +23.65% | |
| 3Y Return (annualized) | +16.36% | +21.27% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 15.6% | 14.1% | |
| Max Drawdown | -22.5% | -34.3% | |
| Fund Family | Calvert | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 30, 2023 | Sep 7, 2010 |
CVMC vs VOO Performance
Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is a ETF from Calvert and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CVMC returned +27.88% while VOO returned +23.65%. Year to date, CVMC is up 21.02% versus a gain of 13.53% for VOO.
Over three years, CVMC compounded at +16.36% per year against +21.27% for VOO. Across the full 4-year window we track, CVMC has the edge at +13.80% annualized vs +13.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CVMC has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.1% for VOO. 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 -34.3% for VOO. 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CVMC charges 0.15% per year while VOO 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, CVMC currently yields 1.35% against 1.09% for VOO.
Holdings Overlap
CVMC and VOO share 238 holdings out of 877 unique holdings combined, representing a 12.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in CVMC | Weight in VOO | Difference |
|---|---|---|---|
| SNDK | 1.46% | 0.52% | 0.94% |
| STX | 1.34% | 0.34% | 1.00% |
| MRVL | 1.22% | 0.40% | 0.82% |
| WDC | Pro | Pro | Pro |
| GLW | Pro | Pro | Pro |
| VRT | Pro | Pro | Pro |
| PWR | Pro | Pro | Pro |
| CMI | Pro | Pro | Pro |
| CIEN | Pro | Pro | Pro |
| MPWR | Pro | Pro | Pro |
See all 10 holdings CVMC shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, CVMC or VOO?
CVMC has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, CVMC or VOO?
Over the past year CVMC returned +27.88% vs +23.65% for VOO, so CVMC leads on 1-year performance. Over the longest common window we track (4 years), CVMC annualized +13.80% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, CVMC or VOO?
CVMC has been the more volatile fund at 15.6% annualized versus 14.1% for VOO. Worst drawdown: CVMC -22.5% vs VOO -34.3%.
Should I hold both CVMC and VOO?
CVMC and VOO have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CVMC and VOO?
CVMC and VOO share 238 common holdings with a 12.6% weight overlap. Combined, they hold 877 unique securities.
Which pays a higher dividend, CVMC or VOO?
CVMC yields 1.35% while VOO yields 1.09%, so CVMC currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.