TAXF vs CCD

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

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

TAXF vs CCD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

TAXF

$683M

CCD

$680M

Expense Ratio

TAXF

0.25%

CCD

N/A

Max Drawdown

Winner

TAXF

15.69%

CCD

60.86%

Sharpe Ratio

TAXF

0.66

Winner

CCD

1.47

5Y Beta

Winner

TAXF

0.04

CCD

0.79

5Y Dividends CAGR

Winner

TAXF

12.82%

CCD

2.88%

TAXF vs CCD - Historical Returns

Returns include dividend reinvestment.

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

TAXF

+0.50%

Winner

CCD

+0.99%

TAXF

+0.05%

Winner

CCD

+2.25%

TAXF

-0.96%

Winner

CCD

+14.06%

TAXF

+5.82%

Winner

CCD

+36.54%

5Y(CAGR)

TAXF

+0.82%

Winner

CCD

+6.29%

10Y(CAGR)

TAXF

N/A

CCD

+13.38%

Max(CAGR)

TAXF

+2.70%

Winner

CCD

+10.33%

TAXF vs CCD - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

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

TAXF vs CCD Drawdown Comparison

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

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

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

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

Correlation

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

0.90

-101

Dividend Comparison (2015 - 2026)

TAXF vs CCD dividend yield comparison.

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