CCD vs TAXF

Comparison between Calamos Dynamic Convertible and Income Fund (CCD, ETF) and AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF (TAXF, ETF).

5-Year PerformanceCCD has outperformed TAXF, delivering a return of +6.3% compared to +0.8%

CCD vs TAXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CCD(ETF)	TAXF(ETF)
Net Assets	$680M	$683M
Expense Ratio	N/A	0.25%
Max Drawdown	60.86%	15.69%
Sharpe Ratio	1.47	0.66
5Y Beta	0.79	0.04
5Y Dividends CAGR	2.88%	12.82%

Net Assets

CCD

$680M

Winner

TAXF

$683M

Expense Ratio

CCD

N/A

TAXF

0.25%

Max Drawdown

CCD

60.86%

Winner

TAXF

15.69%

Sharpe Ratio

Winner

CCD

1.47

TAXF

0.66

5Y Beta

CCD

0.79

Winner

TAXF

0.04

5Y Dividends CAGR

CCD

2.88%

Winner

TAXF

12.82%

CCD vs TAXF - Historical Returns

Returns include dividend reinvestment.

Period	CCD	TAXF
1 month	+0.99%	+0.50%
3 months	+2.25%	+0.05%
6 months	+14.06%	-0.96%
1 year	+36.54%	+5.82%
5 years(CAGR)	+6.29%	+0.82%
10 years(CAGR)	+13.38%	N/A
Max(CAGR)	+10.33%	+2.70%

Winner

CCD

+0.99%

TAXF

+0.50%

Winner

CCD

+2.25%

TAXF

+0.05%

Winner

CCD

+14.06%

TAXF

-0.96%

Winner

CCD

+36.54%

TAXF

+5.82%

5Y(CAGR)

Winner

CCD

+6.29%

TAXF

+0.82%

10Y(CAGR)

CCD

+13.38%

TAXF

N/A

Max(CAGR)

Winner

CCD

+10.33%

TAXF

+2.70%

CCD vs TAXF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	CCD	TAXF
2026	+25.55%	+0.95%
2025	-4.09%	+3.92%
2024	+37.39%	+2.02%
2023	+7.41%	+6.98%
2022	-27.83%	-9.59%
2021	+22.43%	+2.77%
2020	+44.67%	+5.37%
2019	+37.30%	+8.75%
2018	-9.57%	+0.64%
2017	+25.52%	N/A
2016	+8.14%	N/A
2015	-22.81%	N/A

CCD vs TAXF Drawdown Comparison

The maximum drawdown for CCD was -55.32%, occurring on Mar 18, 2020. Recovery took 94 trading sessions.

The maximum drawdown for TAXF was -13.94%, occurring on Oct 26, 2022. Recovery took 1041 trading sessions.

The current CCD drawdown is -4.77%. The current TAXF drawdown is -1.43%.

Rank	CCD	TAXF
#1	-55.32% Feb 20, 2020 - Jul 6, 2020	-13.94% Jul 19, 2021 - Sep 10, 2025
#2	-37.54% Nov 9, 2021 - Sep 19, 2024	-13.39% Mar 9, 2020 - Nov 23, 2020
#3	-36.95% Apr 24, 2015 - Jul 12, 2017	-2.93% Feb 27, 2026 - Jun 29, 2026
#4	-26.91% Sep 12, 2018 - Jul 19, 2019	-2.15% Jul 6, 2026 - Jul 23, 2026
#5	-22.28% Oct 10, 2024 - Jan 15, 2026	-2.03% Feb 12, 2021 - May 25, 2021
#6	-11.42% Jan 24, 2018 - Apr 20, 2018	-1.58% Sep 4, 2019 - Dec 27, 2019
#7	-11.34% Mar 2, 2021 - Oct 19, 2021	-0.97% Sep 12, 2018 - Dec 4, 2018
#8	-11.08% Feb 20, 2026 - Apr 8, 2026	-0.55% Jun 10, 2021 - Jul 7, 2021
#9	-9.88% Oct 12, 2020 - Nov 6, 2020	-0.47% Jan 15, 2026 - Jan 30, 2026
#10	-8.30% Sep 1, 2020 - Oct 7, 2020	-0.43% Nov 11, 2025 - Nov 26, 2025
#11	-7.83% Jul 10, 2026 - Aug 4, 2026	-0.41% Nov 26, 2025 - Dec 23, 2025
#12	-7.38% May 6, 2026 - May 26, 2026	-0.32% Aug 15, 2019 - Aug 28, 2019
#13	-6.29% Jun 2, 2026 - Jun 30, 2026	-0.32% Sep 18, 2025 - Oct 1, 2025
#14	-5.92% Feb 12, 2021 - Mar 2, 2021	-0.30% Oct 24, 2025 - Nov 11, 2025
#15	-5.65% Jul 24, 2019 - Oct 17, 2019	-0.28% Jan 7, 2019 - Jan 14, 2019

Correlation

Correlation between CCD and TAXF is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2015 - 2026)

CCD vs TAXF dividend yield comparison.

Year	CCD	TAXF
2026	5.45%	2.29%
2025	11.22%	3.68%
2024	9.63%	3.38%
2023	11.83%	2.93%
2022	11.42%	2.05%
2021	7.43%	1.58%
2020	7.11%	2.13%
2019	8.93%	2.64%
2018	12.21%	0.69%
2017	9.99%	0.00%
2016	11.43%	0.00%
2015	7.40%	0.00%