Calvert Small-Cap Fund (CCVAX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Calvert Small-Cap Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Calvert Small-Cap Fund (CCVAX) has returned -4.65% so far this year and -6.55% over the past 12 months. Over the last ten years, CCVAX has returned 7.26% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 1, 2004, CCVAX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, your investment would double in approximately 8.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2009 with a return of +16.5%, while the worst month was Oct 2008 at -19.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CCVAX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Mar 16, 2020 at -14.0%.

Calvert Small-Cap Fund has an annualized alpha of -1.18%, beta of 1.01, and R² of 0.80 versus S&P 500 Index. Calculated based on daily prices since October 04, 2004.

• This fund participated in 107.07% of S&P 500 Index downside but only 99.41% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 1.01 and R² of 0.80, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

CCVAX has a high expense ratio of 1.19%, indicating above-average management fees.

CCVAX ranks 2 for risk / return — in the bottom 2% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Calvert Small-Cap Fund (CCVAX) and compare them to a chosen benchmark (S&P 500 Index).

Calvert Small-Cap Fund provided a 14.81% dividend yield over the last twelve months, with an annual payout of $3.92 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Calvert Small-Cap Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Calvert Small-Cap Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Calvert Small-Cap Fund was 55.18%, occurring on Mar 9, 2009. Recovery took 964 trading sessions.

The current Calvert Small-Cap Fund drawdown is 17.73%.

The chart below shows the rolling one-month volatility.