Calvert Global Water Fund (CFWAX) belongs to the Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CFWAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CFWAX
CFWAX charges 1.24% annually. There are 52 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | 11.80B | Oct 2004 | CFWAX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 7.10B | Nov 2001 | CFWAX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 7.10B | May 1984 | CFWAX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | CFWAX vs FMGIX | |
| T. Rowe Price New Era Fund | 0.56% | — | Jan 1969 | CFWAX vs PRNEX |
Best Risk-Adjusted Alternatives to CFWAX
CFWAX has a PortfoliosLab risk / return rank of 11. There are 82 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 97 | — | Dec 2013 | CFWAX vs MLOZX | |
| Victory Global Energy Transition Fund Class Y | 94 | — | May 2007 | CFWAX vs RSNYX | |
| Victory Global Energy Transition Fund | 94 | — | Nov 1995 | CFWAX vs RSNRX | |
| Delaware Ivy Energy Fund | 88 | — | Apr 2006 | CFWAX vs IEYYX | |
| EIP Growth and Income Fund (NEW) | 88 | — | Aug 2006 | CFWAX vs EIPIX |
Top Performing CFWAX Alternatives (YTD)
CFWAX is at 6.31% YTD. There are 78 mutual funds in the Energy Equities category with higher YTD returns, going as high as 55.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 55.57% | — | Jun 2006 | CFWAX vs OEPIX | |
| NXG Cushing® Midstream Energy Fund | 36.07% | — | Aug 2007 | CFWAX vs SRV | |
| Rydex Energy Services Fund | 34.99% | — | Mar 1998 | CFWAX vs RYVIX | |
| Recurrent MLP & Infrastructure Fund | 33.65% | — | Nov 2017 | CFWAX vs RMLPX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 32.43% | — | Dec 2013 | CFWAX vs MLOZX |
Lowest Volatility Alternatives to CFWAX
CFWAX has 13.97% 1-year volatility. There are 28 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.65% | — | Dec 2016 | CFWAX vs PAXDX | |
| Saratoga Energy & Basic Materials Fund | 9.77% | — | Oct 1997 | CFWAX vs SBMBX | |
| JHancock Infrastructure Fund | 10.04% | — | Dec 2013 | CFWAX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.09% | — | May 2004 | CFWAX vs CSUIX | |
| Centre Global Infrastructure Fund | 10.15% | — | Jan 2018 | CFWAX vs DHIVX |
Lowest Drawdown Alternatives to CFWAX
CFWAX has a 1-year max drawdown of -12.79%. There are 66 mutual funds in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | CFWAX vs PAXDX | |
| EIP Growth and Income Fund (NEW) | -4.51% | — | Aug 2006 | CFWAX vs EIPIX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | -4.71% | — | Dec 2013 | CFWAX vs MLOZX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | CFWAX vs GGINX | |
| Saratoga Energy & Basic Materials Fund | -5.66% | — | Oct 1997 | CFWAX vs SBMBX |
Other Mutual Funds from Calvert Research and Management
The 10 most viewed Calvert Research and Management mutual funds shown here include CISIX, CSIEX, CGJIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calvert US Large-Cap Core Responsible Index Fund | Large Cap Blend Equities | 63 | 12.89% | — | Jun 2000 | CFWAX vs CISIX | |
| Calvert Equity Fund | Large Cap Growth Equities | 1 | -7.52% | — | Aug 1987 | CFWAX vs CSIEX | |
| Calvert US Large-Cap Growth Responsible Index Fund | Large Cap Growth Equities | 37 | 9.99% | — | Jun 2015 | CFWAX vs CGJIX | |
| Calvert International Responsible Index Fund | Foreign Large Cap Equities | 64 | 18.85% | — | Oct 2015 | CFWAX vs CDHIX | |
| Calvert Ultra-Short Duration Income Fund | Ultrashort Bond | 99 | 1.66% | — | Oct 2006 | CFWAX vs CULAX | |
| Calvert Global Energy Solutions Fund | Global Equities | 59 | 14.09% | — | May 2007 | CFWAX vs CAEIX | |
| Calvert US Large-Cap Value Responsible Index Fund | Large Cap Value Equities | 87 | 22.04% | — | Jun 2015 | CFWAX vs CFJIX | |
| Calvert Emerging Markets Equity Fund | Emerging Markets Diversified | 80 | 28.02% | — | Oct 2012 | CFWAX vs CVMIX | |
| Calvert Income Fund | Corporate Bonds | 27 | 0.18% | — | Oct 1982 | CFWAX vs CFICX | |
| Calvert High Yield Bond Fund | High Yield Bonds | 53 | 0.97% | — | Jul 2001 | CFWAX vs CYBIX |
Often Compared With CFWAX
Investors most often compare CFWAX with SGGDX, SPY, AQWA. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare CFWAX with Any Fund or Stock
Compare CFWAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CFWAX with funds that move differently
Calvert Global Water Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CFWAX.
Explore CFWAX Diversifiers