CVMC vs VTI

Quick Verdict

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

Lower Fees: VTIHigher Returns: CVMCMore Diversified: VTI

Side-by-Side Comparison

MetricCVMCVTIWinner
Expense Ratio0.15%0.03%
AUM$103M$663.5B
Dividend Yield1.35%1.07%
Holdings6223,543
YTD Return+19.89%+13.39%
1Y Return+27.44%+23.21%
3Y Return (annualized)+15.96%+20.65%
5Y Return (annualized)-+12.18%
Volatility (annualized)15.5%15.3%
Max Drawdown-22.5%-56.6%
Fund FamilyCalvertVanguard (US)
CategoryEquityEquity
InceptionJan 30, 2023May 24, 2001

CVMC vs VTI Performance

Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is a ETF from Calvert and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year CVMC returned +27.44% while VTI returned +23.21%. Year to date, CVMC is up 19.89% versus a gain of 13.39% for VTI.

Over three years, CVMC compounded at +15.96% per year against +20.65% for VTI. Across the full 4-year window we track, CVMC has the edge at +13.47% annualized vs +8.11%. 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 15.3% for VTI. 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 -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 0.88. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CVMC 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, CVMC currently yields 1.35% against 1.07% for VTI.

Holdings Overlap

13.4%overlap

CVMC and VTI share 477 holdings out of 2916 unique holdings combined, representing a 13.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CVMCWeight in VTIDifference
SNDK1.46%0.46%1.00%
STX1.34%0.30%1.04%
MRVL1.22%0.37%0.85%
WDCProProPro
GLWProProPro
VRTProProPro
PWRProProPro
CMIProProPro
CIENProProPro
MPWRProProPro
See all 10 holdings CVMC shares with VTI
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Frequently Asked Questions

Which is cheaper, CVMC or VTI?

CVMC 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, CVMC or VTI?

Over the past year CVMC returned +27.44% vs +23.21% for VTI, so CVMC leads on 1-year performance. Over the longest common window we track (4 years), CVMC annualized +13.47% vs +8.11% for VTI. Past performance does not guarantee future results.

Which is riskier, CVMC or VTI?

CVMC has been the more volatile fund at 15.5% annualized versus 15.3% for VTI. Worst drawdown: CVMC -22.5% vs VTI -56.6%.

Should I hold both CVMC and VTI?

CVMC and VTI have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CVMC and VTI?

CVMC and VTI share 477 common holdings with a 13.4% weight overlap. Combined, they hold 2916 unique securities.

Which pays a higher dividend, CVMC or VTI?

CVMC yields 1.35% while VTI yields 1.07%, so CVMC currently pays the higher dividend yield.

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