Virtus Diversified Income & Convertible Fund (ACV) vs CION Investment (CION)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Virtus Diversified Income & Convertible Fund (ACV) has outperformed CION Investment (CION) over the past year, losing 2.7% versus a loss of 25.3%. Over five years, ACV leads with a -32.2% price change compared with -42.1% for CION. CION Investment is the larger company by market cap ($342.5 million vs $252.4 million), about 1.4 times the size.
On valuation, Virtus Diversified Income & Convertible Fund trades at a lower trailing P/E (4.6x vs 99.4x for CION Investment). CION Investment pays a dividend yielding 18.97%, while Virtus Diversified Income & Convertible Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ACV | CION |
|---|---|---|
| Share price | $24.28 | $6.96 |
| Market cap | $252.42M | $342.45M |
| 1-day change | -1.70% | +1.02% |
| YTD return | -7.65% | -28.02% |
| 1-year return | -2.70% | -25.32% |
| 5-year return | -32.20% | -42.10% |
| P/E ratio (TTM) | 4.64 | 99.43 |
| Forward P/E | — | 6.08 |
| EPS (TTM) | $5.23 | $0.07 |
| Dividend yield | 10.63% | 18.97% |
| Annual dividend | $0.00 | $1.32 |
| 52-week high | $29.04 | $10.40 |
| 52-week low | $23.65 | $5.83 |
| Distance from 52-week high | -16.40% | -33.08% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +25.72% |
| Average volume | 30.03K | 449.12K |
| Shares outstanding | 10.40M | 49.20M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ACV has outperformed CION by 22.6 percentage points over the past year.
- CION Investment trades at a higher earnings multiple (99.4x vs 4.6x trailing P/E).
- CION Investment offers a meaningfully higher dividend yield (18.97% vs 10.63%).
About Virtus Diversified Income & Convertible Fund
ACV stock →Virtus Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S.
Finance · Finance/Investors Services
About CION Investment
CION stock →CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
Finance · Finance/Investors Services
ACV vs CION FAQ
Which is bigger, Virtus Diversified Income & Convertible Fund or CION Investment?
CION Investment (CION) is larger, with a market capitalization of $342.45M compared with $252.42M for Virtus Diversified Income & Convertible Fund (ACV).
Which stock has performed better over the past year, ACV or CION?
ACV returned -2.70% over the past 12 months, compared with -25.32% for CION (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ACV or CION?
ACV has the lower trailing P/E at 4.6, versus 99.4 for CION. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Virtus Diversified Income & Convertible Fund or CION Investment?
CION Investment has the higher yield at 18.97%, compared with 10.63% for Virtus Diversified Income & Convertible Fund.
Are Virtus Diversified Income & Convertible Fund and CION Investment in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.