Summary
CVMC Chart
The Investment Case for Betting Big on Midcaps ETFs
When first heading into 2025, many market experts bet on equities paving the way for growth strategies through the year. This narrative has not particularly changed, per se.
Midcap ETFs Can Offer Multifaceted Benefits
Given the market's current growth narrative, investors may want to consider broadening out their equity exposure beyond traditional large caps. In particular, midcaps could provide a particularly interesting investment opportunity.
CVMC: Calvert's ESG Mid-Cap Core ETF Has Room For Improvement
CVMC is comprised of 600+ Russell Midcap Index securities that align with the Calvert Principles For Responsible Investment. Its expense ratio is 0.15% and CVMC has $68 million in assets. Backfilling CVMC's returns with its no load mutual fund cousin, I found that its historical risk and returns were virtually identical to its benchmark, represented by IWR. However, IWR is an unambitious benchmark to match. By essentially reweighting stocks and keeping sector allocations similar, CVMC brings with it common issues that plague cap-weighted mid-cap funds.
Calvert US Mid-Cap Core Responsible Index Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,066 | $65,970.19 | $80,408.38 | $14,438.19 | 21.89% |
| SS Sandra Stickney Collaborative Wealth Managment Inc. | 3,544 | $201,373.07 | $267,837.8 | $66,464.73 | 33.01% |
| PAP Penny A. Phillips Journey Strategic Wealth LLC | 6,123 | $371,067.18 | $462,975.95 | $91,908.77 | 24.77% |
| TM Thomas Mason Mason & Associates Inc. | 11,467 | $735,341.42 | $870,115.96 | $134,774.54 | 18.33% |
 Bray Creech Joel Adams & Associates, Inc. | 25,728 | $1.64M | $1.96M | $320,444.93 | 19.6% |
Calvert US Mid-Cap Core Responsible Index Fund (CVMC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Calvert US Mid-Cap Core Responsible Index Fund ever had a stock split?
Calvert US Mid-Cap Core Responsible Index Fund Profile
| ARCA Exchange | US Country |
Overview
The fund referenced is designed to cater to investors looking for responsible investment opportunities, specifically in the mid-cap sector. By allocating at least 80% of its net assets, alongside any borrowed funds, into securities featured within its underlying index, the fund commits to a disciplined investment strategy. This underlying index is distinctively comprised of common stocks from mid-size companies. These companies are not just chosen based on financial metrics but are also evaluated for their operations aligning with the Calvert Principles for Responsible Investment. This approach ensures that the fund not only seeks financial returns but also contributes positively to societal norms, adhering to principles of responsible investing.
Products and Services
The primary product offered by the fund is its investment vehicle, which focuses on mid-size companies operating in accordance with the Calvert Principles for Responsible Investment. Below are detailed explanations of the products and services offered:
- Responsible Investment Fund: This product focuses on investing in mid-size companies that are included in the underlying index, ensuring that these companies operate under the Calvert Principles for Responsible Investment. The fund's strategy not only looks for financial growth but also measures the companies' impact on environmental, social, and governance (ESG) criteria, providing an ethical investment option for investors.
- Adherence to Calvert Principles: A service intrinsic to the fund's operation, it involves strict adherence to the Calvert Principles for Responsible Investment. These principles guide the selection process of the companies to be included in the underlying index, ensuring they meet high standards of responsible business practices. This service ensures that investors' funds are channeled into companies that contribute positively to society while seeking to generate financial returns.
