CHI vs XLSR

Comparison between Calamos Convertible Opportunities and Income Fund (CHI, ETF) and STATE STREET(R) US SECTOR ROTATION ETF (XLSR, ETF).

5-Year PerformanceXLSR has outperformed CHI, delivering a return of +9.5% compared to +7.3%

CHI vs XLSR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CHI(ETF)	XLSR(ETF)
Net Assets	$994M	$994M
Expense Ratio	N/A	0.70%
Max Drawdown	73.29%	32.94%
Sharpe Ratio	1.95	1.25
5Y Beta	0.74	1.03
5Y Dividends CAGR	3.60%	-1.04%

Net Assets

CHI

$994M

Winner

XLSR

$994M

Expense Ratio

CHI

N/A

XLSR

0.70%

Max Drawdown

CHI

73.29%

Winner

XLSR

32.94%

Sharpe Ratio

Winner

CHI

1.95

XLSR

1.25

5Y Beta

Winner

CHI

0.74

XLSR

1.03

5Y Dividends CAGR

Winner

CHI

3.60%

XLSR

-1.04%

CHI vs XLSR - Historical Returns

Returns include dividend reinvestment.

Period	CHI	XLSR
1 month	+5.21%	-2.30%
3 months	+20.41%	+9.28%
6 months	+25.11%	+1.98%
1 year	+42.41%	+20.17%
5 years(CAGR)	+7.33%	+9.50%
10 years(CAGR)	+13.32%	N/A
Max(CAGR)	+9.94%	+12.54%

Winner

CHI

+5.21%

XLSR

-2.30%

Winner

CHI

+20.41%

XLSR

+9.28%

Winner

CHI

+25.11%

XLSR

+1.98%

Winner

CHI

+42.41%

XLSR

+20.17%

5Y(CAGR)

CHI

+7.33%

Winner

XLSR

+9.50%

10Y(CAGR)

CHI

+13.32%

XLSR

N/A

Max(CAGR)

CHI

+9.94%

Winner

XLSR

+12.54%

CHI vs XLSR - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	CHI	XLSR
2026	+27.62%	+2.68%
2025	-0.88%	+17.68%
2024	+28.20%	+18.70%
2023	+8.22%	+19.47%
2022	-23.06%	-16.22%
2021	+22.30%	+22.13%
2020	+33.28%	+19.32%
2019	+31.79%	+14.13%
2018	-11.22%	N/A
2017	+20.10%	N/A
2016	+13.28%	N/A
2015	-15.64%	N/A
2014	+5.01%	N/A
2013	+19.38%	N/A
2012	+13.81%	N/A
2011	-6.66%	N/A
2010	+16.17%	N/A
2009	+54.80%	N/A
2008	-35.94%	N/A
2007	-19.79%	N/A
2006	+12.07%	N/A
2005	+5.58%	N/A
2004	+14.56%	N/A
2003	+47.19%	N/A
2002	+11.61%	N/A

CHI vs XLSR Drawdown Comparison

The maximum drawdown for CHI was -64.58%, occurring on Nov 21, 2008. Recovery took 956 trading sessions.

The maximum drawdown for XLSR was -32.94%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The current CHI drawdown is -1.74%. The current XLSR drawdown is -4.05%.

Rank	CHI	XLSR
#1	-64.58% Jun 11, 2007 - Mar 25, 2011	-32.94% Feb 19, 2020 - Aug 12, 2020
#2	-49.56% Feb 19, 2020 - Aug 3, 2020	-23.32% Jan 4, 2022 - Jan 19, 2024
#3	-35.99% Nov 15, 2021 - Nov 20, 2024	-20.57% Feb 19, 2025 - Jul 24, 2025
#4	-33.85% Sep 14, 2018 - Feb 6, 2020	-11.06% Dec 26, 2025 - Apr 30, 2026
#5	-32.90% May 18, 2015 - Feb 8, 2017	-10.24% Jul 16, 2024 - Oct 9, 2024
#6	-27.52% Dec 30, 2024 - Oct 27, 2025	-9.48% Sep 2, 2020 - Nov 13, 2020
#7	-21.84% Jan 20, 2004 - Sep 10, 2004	-7.10% May 3, 2019 - Jun 20, 2019
#8	-18.00% Jun 3, 2011 - Feb 9, 2012	-6.11% Feb 12, 2021 - Apr 5, 2021
#9	-14.88% Feb 9, 2005 - Jul 28, 2005	-5.80% Sep 3, 2021 - Nov 3, 2021
#10	-12.89% Sep 13, 2002 - Nov 13, 2002	-5.43% Mar 28, 2024 - May 15, 2024
#11	-10.71% Feb 13, 2026 - Apr 8, 2026	-5.35% Dec 6, 2024 - Feb 13, 2025
#12	-10.47% May 21, 2013 - Oct 17, 2013	-5.03% Jun 2, 2026 - Jun 10, 2026
#13	-9.73% Sep 2, 2014 - Feb 25, 2015	-5.02% Jul 12, 2019 - Sep 5, 2019
#14	-9.31% Sep 1, 2020 - Oct 12, 2020	-4.46% May 7, 2021 - Jun 2, 2021
#15	-9.20% Oct 8, 2012 - Jan 10, 2013	-4.24% Oct 29, 2025 - Nov 25, 2025

Correlation

Correlation between CHI and XLSR is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2002 - 2026)

CHI vs XLSR dividend yield comparison.

Year	CHI	XLSR
2026	3.65%	0.11%
2025	10.88%	0.58%
2024	9.55%	0.66%
2023	11.00%	1.04%
2022	10.85%	1.80%
2021	7.54%	3.44%
2020	6.75%	1.25%
2019	8.49%	0.94%
2018	12.19%	0.00%
2017	10.19%	0.00%
2016	11.30%	0.00%
2015	11.50%	0.00%
2014	8.88%	0.00%
2013	8.60%	0.00%
2012	9.55%	0.00%
2011	10.12%	0.00%
2010	8.65%	0.00%
2009	9.25%	0.00%
2008	18.64%	0.00%
2007	12.46%	0.00%
2006	9.95%	0.00%
2005	10.57%	0.00%
2004	13.83%	0.00%
2003	10.26%	0.00%
2002	4.25%	0.00%