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Calvert US Mid-Cap Core Responsible Index ETF

CVMC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 01 2023
Expense Ratio
0.15%
Type
US Equities
Fund Owner
Morgan Stanley
Volume (1m avg. daily)
$50,570
AUM
$23,820,000
Associated Index
Calvert US Mid-Cap Core Responsible Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

TT
Trane Technologies plc - Ordinary Shares - Class A
0.61%
CARR
Carrier Global Corp
0.59%
PCAR
Paccar Inc.
0.59%
ON
ON Semiconductor Corp.
0.55%
ODFL
Old Dominion Freight Line, Inc.
0.52%
NUE
Nucor Corp.
0.52%
CNC
Centene Corp.
0.52%
HLT
Hilton Worldwide Holdings Inc
0.52%
ROST
Ross Stores, Inc.
0.51%
CEG
Constellation Energy Corporation
0.50%
Invest with CVMC

What is CVMC?

Calvert US Mid-Cap Core Responsible Index ETF seeks to track the performance of the Calvert US Mid-Cap Core Responsible Index. The Fund employs a passive management strategy designed to track, as closely as possible, the performance of the Index. The Fund invests in the common stock of each company in the Index in approximately the same proportion as represented in the Index. The Index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment. Mid-size companies are the 1,000 largest publicly traded U.S. companies based on market capitalization, excluding real estate investment trusts, business development companies and approximately the 200 largest publicly traded U.S. companies. The Calvert Principles serve as a framework for considering environmental, social, and governance ("ESG") factors.

ETFs related toCVMC

ETFs correlated to CVMC include IMCB, IWR, EUSA

CVMC
Morgan Stanley ETF Trust - Calvert US Mid-Cap Core Responsible Index ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCVMC

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with CVMC using Composer

FAQ

CVMC is a US Equities ETF. Calvert US Mid-Cap Core Responsible Index ETF seeks to track the performance of the Calvert US Mid-Cap Core Responsible Index. The Fund employs a passive management strategy designed to track, as closely as possible, the performance of the Index. The Fund invests in the common stock of each company in the Index in approximately the same proportion as represented in the Index. The Index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment. Mid-size companies are the 1,000 largest publicly traded U.S. companies based on market capitalization, excluding real estate investment trusts, business development companies and approximately the 200 largest publicly traded U.S. companies. The Calvert Principles serve as a framework for considering environmental, social, and governance ("ESG") factors.

CVMC tracks the Calvert US Mid-Cap Core Responsible Index.

No, CVMC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CVMC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CVMC is -0.0225%. This is the percent change in the value of CVMC over the most recent 1-month period. The 3-month return on CVMC is -0.0271%. This is the percent change in the value of CVMC over the most recent 3-month period.

ETFs similar to CVMC include SPHQ, DSI, and QUAL.

ETFs correlated to CVMC include IMCB, IWR, and EUSA.

ETFs that are inversely correlated to CVMC include TWM, RWM, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.