CVMC ETF — Calvert US Mid-Cap Core Responsible Index ETF

Calvert US Mid-Cap Core Responsible Index ETF (CVMC)

Updated October 16, 2026.

CVMC is a low-cost ETF. its distribution rate is 1.27%, its trailing-12-month yield is 1.21%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 99/100 (Safe). Total return is 52.6% over the past 3.7 years, 44.3 points behind SPY at 96.9%.

Calvert US Mid-Cap Core Responsible Index ETF is an index fund that holds at least 80% of its assets in mid-capitalization U.S. stocks selected from companies meeting environmental, social, and governance standards under the Calvert Principles for Responsible Investment. The fund carries a modest current distribution rate, distributes quarterly, and has a low expense ratio of 0.15%. It appeals to investors seeking mid-cap equity exposure combined with responsible investing criteria.

CVMC performance versus SPY

Price and return data through 2026-10-16.

Total return is 52.6% over the past 3.7 years, 44.3 points behind SPY at 96.9%. Over the past year its total return — price change plus distributions reinvested — is 19.9%. Its deepest 1-year drawdown was 9.3%.

CVMC key facts

Distribution Safety Score™

99 · Safe

Safety-Adjusted Yield

1.26%

Issuer

Morgan Stanley

Asset type

ETF

Asset class

Equity

Inception date

01/30/2023

Expense ratio

0.15%

Distribution rate

1.27%

Distribution frequency

Quarterly

Trailing yield

1.21%

Last close

$74.14 (as of 2026-10-16)

AUM

$114,674,675

Average volume

7250.0

Dividend

$0.236

Ex-dividend date

09/21/2026

Payment date

09/25/2026

Beta

1.05

How Dividend Vision calculates yield and returns

Distribution rate (1.27%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.21%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Morgan Stanley; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CVMC risks and drawbacks

CVMC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.3%.

Who may consider CVMC — and who may not

CVMC may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (CVMC pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CVMC

• All tickers starting with C

Tagged: Mid Cap, Index.

Frequently asked questions

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