Calvert Moderate Allocation Fund (CMAAX) Sharpe Ratio: 0.94

CMAAX's Sharpe Ratio of 0.94 indicates that for each unit of volatility, it generates 0.94 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

CMAAX Sharpe Ratio Rank

Below Average

CMAAX ranks above 37.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns may not adequately compensate for volatility taken
Consider smaller allocation given below-average risk-adjusted profile
Explore higher-ranked investments with better consistency
Assess whether the volatility profile aligns with your portfolio goals

CMAAX Sharpe Ratio Market Positioning

The chart shows CMAAX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.76 or lower
Yellow zone (middle 50%): 0.76 to 1.52
Green zone (top 25%): 1.52 or higher
Top 1%: 3.56+
Median: 1.12 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Calvert Moderate Allocation Fund's Sharpe Ratio with other mutual funds in the Diversified Portfolio category across multiple time periods, showing how CMAAX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 3, 2026.

Symbol	Name	1Y Sharpe Ratio
STDAX	SEI Asset Allocation Trust Defensive Strategy Allocation Fund	4.33
TIBIX	Thornburg Investment Income Builder Fund Class I	3.64
NWQIX	Nuveen Flexible Income Fund	2.76
PMAIX	Pioneer Multi-Asset Income Fund A	2.52
BERIX	Chartwell Income Fund	2.42
TPDAX	Timothy Plan Defensive Strategies Fund	2.21
PIRMX	PIMCO Inflation Response Multi-Asset Fund Institutional	2.14
TSUMX	Thornburg Summit Fund Class I	2.13
PPRMX	PIMCO Inflation Response Multi-Asset Fund	2.11
PZRMX	PIMCO Inflation Response Multi-Asset Fund	2.08
CMAAX	Calvert Moderate Allocation Fund	0.94

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

The chart shows CMAAX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CMAAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore CMAAX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

CMAAX Sortino Ratio