Calvert US Mid-Cap Core Responsible Index ETF
CVMC
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One International Place Boston MA United States of America 2110
- IPO Date
- Feb 1, 2023
- Website
- calvert.com
- Similar Companies
- Business
- Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is an exchange-traded fund that seeks to track the performance of the Calvert US Mid-Cap Core Responsible Index, a portfolio of mid-capitalization U.S. stocks selected based on the Calvert Principles for Responsible Investment, emphasizing effective management of key environmental, social, and governance (ESG) risks and opportunities; the fund invests at least 80% of its net assets in common stocks of mid-size companies meeting these criteria, benchmarked against the Russell Midcap Index. Launched on January 30, 2023, and sponsored by Morgan Stanley Investment Management through its Calvert Research and Management division, the ETF offers investors diversified exposure to approximately 600 holdings in U.S. mid-cap equities screened for responsible practices, with a low gross expense ratio of 0.15%; assets under management stand at around $79 million as of recent data. Headquartered in Washington, DC, where Calvert Research and Management was established in 1976 as a pioneer in responsible investing, the fund operates primarily in the U.S. equity market, targeting institutional and retail investors seeking ESG-integrated mid-cap strategies. In April 2025, Gordon Wotherspoon was added as a portfolio manager to the fund's Index Construction Team, enhancing its management amid ongoing growth in ESG-focused ETFs; this followed the broader launch of Morgan Stanley's ETF platform in early 2023, which included CVMC among six initial Calvert-branded products providing exposure to U.S. large-cap, mid-cap, and international equities alongside active strategies. While a related Calvert ETF, the US Select Equity ETF (CVSE), announced liquidation in September 2025 with trading ceasing on October 14 ahead of an October 20 close, CVMC continues operations without reported disruptions, maintaining its focus on passive indexing. No major acquisitions, funding rounds, or strategic alliances specific to CVMC have been noted in the past 1-2 years, though Calvert's parent Morgan Stanley continues to expand its responsible investment offerings, including proxy voting enhancements reviewed in 2025.