TCAF vs ICVT

Comparison between T. ROWE PRICE CAPITAL APPRECIATION EQUITY ETF (TCAF, ETF) and ISHARES CONVERTIBLE BOND ETF (ICVT, ETF).

TCAF vs ICVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TCAF(ETF)	ICVT(ETF)
Net Assets	$7.40B	$7.50B
Expense Ratio	0.31%	0.20%
Max Drawdown	16.57%	38.15%
Sharpe Ratio	1.08	1.26
5Y Beta	0.88	0.61
P/E Ratio	35.90	N/A
Forward P/E	21.79	N/A
PEG Ratio	0.57	N/A
5Y Dividends CAGR	N/A	-14.83%
5Y EPS CAGR	23.88%	N/A
P/S Ratio	2.56	N/A
P/B Ratio	5.40	N/A

Net Assets

TCAF

$7.40B

Winner

ICVT

$7.50B

Expense Ratio

TCAF

0.31%

Winner

ICVT

0.20%

Max Drawdown

Winner

TCAF

16.57%

ICVT

38.15%

Sharpe Ratio

TCAF

1.08

Winner

ICVT

1.26

5Y Beta

TCAF

0.88

Winner

ICVT

0.61

P/E Ratio

TCAF

35.90

ICVT

N/A

Forward P/E

TCAF

21.79

ICVT

N/A

PEG Ratio

TCAF

0.57

ICVT

N/A

5Y Dividends CAGR

TCAF

N/A

ICVT

-14.83%

5Y EPS CAGR

TCAF

23.88%

ICVT

N/A

P/S Ratio

TCAF

2.56

ICVT

N/A

P/B Ratio

TCAF

5.40

ICVT

N/A

TCAF vs ICVT - Historical Returns

Returns include dividend reinvestment.

Period	TCAF	ICVT
1 month	+2.71%	-7.33%
3 months	+7.71%	+2.52%
6 months	+7.57%	+10.52%
1 year	+17.03%	+25.53%
5 years(CAGR)	N/A	+6.32%
10 years(CAGR)	N/A	+12.95%
Max(CAGR)	+17.58%	+11.15%

Winner

TCAF

+2.71%

ICVT

-7.33%

Winner

TCAF

+7.71%

ICVT

+2.52%

TCAF

+7.57%

Winner

ICVT

+10.52%

TCAF

+17.03%

Winner

ICVT

+25.53%

5Y(CAGR)

TCAF

N/A

ICVT

+6.32%

10Y(CAGR)

TCAF

N/A

ICVT

+12.95%

Max(CAGR)

Winner

TCAF

+17.58%

ICVT

+11.15%

TCAF vs ICVT - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	TCAF	ICVT
2026	+9.18%	+14.38%
2025	+15.83%	+18.03%
2024	+21.95%	+11.71%
2023	+8.40%	+15.59%
2022	N/A	-20.76%
2021	N/A	-0.63%
2020	N/A	+59.30%
2019	N/A	+22.39%
2018	N/A	-1.05%
2017	N/A	+15.43%
2016	N/A	+11.50%
2015	N/A	-6.03%

TCAF vs ICVT Drawdown Comparison

The maximum drawdown for TCAF was -16.37%, occurring on Apr 8, 2025. Recovery took 102 trading sessions.

The maximum drawdown for ICVT was -33.15%, occurring on Jun 16, 2022. Recovery took 1145 trading sessions.

The current TCAF drawdown is -0.72%. The current ICVT drawdown is -8.45%.

Rank	TCAF	ICVT
#1	-16.37% Jan 28, 2025 - Jun 25, 2025	-33.15% Feb 12, 2021 - Sep 5, 2025
#2	-11.33% Oct 28, 2025 - Apr 17, 2026	-32.18% Feb 19, 2020 - Jun 5, 2020
#3	-8.80% Jul 28, 2023 - Nov 20, 2023	-18.52% Jun 23, 2015 - Oct 10, 2016
#4	-5.99% Jul 16, 2024 - Aug 19, 2024	-13.86% Aug 29, 2018 - Feb 25, 2019
#5	-4.56% Mar 27, 2024 - May 14, 2024	-8.63% Sep 1, 2020 - Oct 9, 2020
#6	-4.20% Dec 4, 2024 - Jan 23, 2025	-8.45% Jun 22, 2026 - Jul 16, 2026
#7	-3.99% May 29, 2026 - Jul 1, 2026	-7.55% Nov 3, 2025 - Jan 16, 2026
#8	-3.86% Aug 30, 2024 - Sep 16, 2024	-6.75% Jan 26, 2018 - Mar 8, 2018
#9	-3.08% Oct 14, 2024 - Nov 6, 2024	-6.74% Jun 2, 2026 - Jun 18, 2026
#10	-2.77% Oct 8, 2025 - Oct 24, 2025	-6.55% Jul 24, 2019 - Nov 25, 2019
#11	-2.71% Nov 8, 2024 - Nov 29, 2024	-6.17% Jan 28, 2026 - Apr 8, 2026
#12	-2.49% May 21, 2024 - Jun 5, 2024	-5.84% Mar 12, 2018 - May 30, 2018
#13	-2.45% Jun 15, 2023 - Jul 13, 2023	-5.49% May 3, 2019 - Jul 1, 2019
#14	-2.10% Jul 25, 2025 - Aug 13, 2025	-4.87% Jun 8, 2020 - Jun 17, 2020
#15	-2.03% Dec 27, 2023 - Jan 19, 2024	-4.66% Oct 13, 2020 - Nov 5, 2020

Correlation

Correlation between TCAF and ICVT is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2015 - 2026)

TCAF vs ICVT dividend yield comparison.

Year	TCAF	ICVT
2026	0.00%	0.65%
2025	0.50%	1.73%
2024	0.43%	2.19%
2023	0.26%	1.85%
2022	0.00%	1.93%
2021	0.00%	7.70%
2020	0.00%	3.98%
2019	0.00%	1.86%
2018	0.00%	4.82%
2017	0.00%	2.56%
2016	0.00%	3.06%
2015	0.00%	1.57%