Two of the market's most popular income ETFs compared side-by-side. See which one fits your yield strategy.
What this means: Both CHI and SRET fall intoTier 3: Specialty. This suggests they share a similar risk profile and volatility expectation.
| Metric | CHI | SRET |
|---|---|---|
| Total Return (1Y) | 18.15% | 15.12% |
| NAV Change (1Y) | 8.45% | 6.95% |
| Max Drawdown | -24.26% | -18.68% |
| Beta | - | - |
* Returns include dividend reinvestment. Drawdown calculates peak-to-trough decline over trailing 12 months.
CHI (Calamos Convertible Opportunities and Income Fund) is a sector-specific income fund managed by Calamos. It focuses on generating income through strategic holdings. With significant capital, this fund has been operational since its inception.
Strategy: Concentrates on sector-specific opportunities, typically REITs, MLPs, or BDCs with higher baseline yields.
SRET (Global X SuperDividend REIT) is a sector-specific income fund managed by Global X. It focuses on generating income through strategic holdings. With $236.8M in assets under management, this fund has been operational since its inception.
Strategy: Concentrates on sector-specific opportunities, typically REITs, MLPs, or BDCs with higher baseline yields.
In the head-to-head battle of CHI vs SRET, the choice depends on your specific goal. CHI wins for Immediate Income with a 9.70% yield. However, CHI is the better choice for Long-Term Growth due to superior total return performance.
Which fund is safer for retirement income? We analyze the yield sustainability and structural risk.
The Bottom Line Question: If you invest $100,000 today, how much cash will you actually receive each month? Here's the exact math:
CHI
Annual Yield: 9.70%
$809/mo
($9,702/year)
Frequency: monthly
SRET
Annual Yield: 8.17%
$681/mo
($8,172/year)
Frequency: monthly
Income Gap: CHI generates $1,530/year more than SRET on the same $100k investment.
Over 20 years, that's $30,602 in additional cash flow (before reinvestment).
Context Matters: Higher income doesn't always mean better investment. Review the "Yield Trap" and "Total Return" sections above—you want income that's sustainable, not just headline-grabbing.
Historical data reveals how these funds behave during market stress. CHI has delivered a superior Total Return of 18.15% over the past year.
What is Max Drawdown? Max drawdown measures the largest peak-to-trough decline in portfolio value during a specific period. Unlike NAV change (which only looks at start vs. end), max drawdown captures the worst moment of pain an investor experienced.
Real-World Scenario: $100,000 Investment
SRET (More Resilient)
Max Drawdown: -18.68%
-$18,680
Worst unrealized loss
CHI (More Volatile)
Max Drawdown: -24.26%
-$24,260
Worst unrealized loss
Protection Value: SRET saved investors $5,580 in drawdown severity on a $100k position.
Why This Matters More Than Total Return: During bear markets or corrections, investors with lower max drawdown are:
⚖️ Capital Preservation Winner: SRET demonstrated superior downside protection, making it the better choice for retirees who cannot afford steep temporary losses.
Every investor has a unique risk profile. Use our Portfolio Intelligence tool to see the impact of adding these ETFs to your holdings.