- ISIN
- US13161Y1038
- CUSIP
- 13161Y103
- Inception Date
- Oct 30, 2015
- Category
- Mid Cap Blend Equities
- Min. Investment
- $5,000
- Index Tracked
- Calvert US Mid-Cap Core Responsible Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
CMJAX Performance Chart
Calvert US Mid-Cap Core Responsible Index Fund Class A (CMJAX) is up 15.3% since the beginning of the year. CMJAX is currently trading at $50 per share. Investors who bought $1,000 worth of CMJAX shares 5 years ago would now be looking at an investment worth $1,411.
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Returns By Period
Calvert US Mid-Cap Core Responsible Index Fund Class A (CMJAX) has returned 15.34% so far this year and 25.40% over the past 12 months. Over the last ten years, CMJAX has returned 11.61% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Calvert US Mid-Cap Core Responsible Index Fund Class A
- 1D
- 1.33%
- 1M
- 6.20%
- YTD
- 15.34%
- 6M
- 15.48%
- 1Y
- 25.40%
- 3Y*
- 16.11%
- 5Y*
- 7.13%
- 10Y*
- 11.61%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
CMJAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 2016, CMJAX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 65% of months were positive and 35% were negative. The best month was Apr 2020 with a return of +13.9%, while the worst month was Mar 2020 at -17.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.
On a daily basis, CMJAX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +10.8%, while the worst single day was Mar 16, 2020 at -12.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.23% | 3.40% | -6.33% | 9.08% | 4.11% | 1.59% | 15.34% | ||||||
| 2025 | 4.27% | -3.00% | -5.42% | -1.52% | 5.59% | 3.17% | 1.61% | 2.35% | 0.86% | -0.34% | 1.67% | 0.05% | 9.14% |
| 2024 | -1.54% | 5.74% | 4.02% | -6.09% | 2.55% | -0.78% | 5.14% | 1.71% | 2.27% | -1.36% | 7.94% | -6.86% | 12.24% |
| 2023 | 8.66% | -2.27% | -1.71% | -1.24% | -2.63% | 8.44% | 3.28% | -3.92% | -5.39% | -5.85% | 10.21% | 8.45% | 15.00% |
| 2022 | -8.24% | -1.05% | 1.01% | -8.39% | -0.29% | -8.89% | 9.83% | -3.33% | -8.83% | 8.51% | 6.12% | -5.16% | -19.32% |
| 2021 | 0.15% | 5.10% | 2.26% | 4.80% | 0.31% | 0.77% | 1.30% | 2.69% | -4.46% | 5.69% | -2.86% | 3.97% | 20.96% |
Benchmark Metrics
Calvert US Mid-Cap Core Responsible Index Fund Class A has an annualized alpha of -1.61%, beta of 1.02, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.
- This fund participated in 107.46% of S&P 500 Index downside but only 99.26% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.02 and R2 of 0.89, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.61%
- Beta
- 1.02
- R²
- 0.89
- Upside Capture
- 99.26%
- Downside Capture
- 107.46%
Expense Ratio
CMJAX has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CMJAX ranks 47 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Calvert US Mid-Cap Core Responsible Index Fund Class A (CMJAX) and compare them to S&P 500 Index.
| CMJAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 2.93 | -0.08 |
| Martin ratioReturn relative to average drawdown | 11.45 | 13.52 | -2.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Calvert US Mid-Cap Core Responsible Index Fund Class A provided a 3.82% dividend yield over the last twelve months, with an annual payout of $1.90 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.90 | $1.90 | $0.37 | $0.31 | $0.26 | $1.07 | $0.84 | $0.45 | $0.66 | $0.71 | $0.41 |
Dividend yield | 3.82% | 4.40% | 0.89% | 0.84% | 0.80% | 2.64% | 2.43% | 1.57% | 2.97% | 2.81% | 1.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Calvert US Mid-Cap Core Responsible Index Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.90 | $1.90 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 | $1.07 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Calvert US Mid-Cap Core Responsible Index Fund Class A. 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 US Mid-Cap Core Responsible Index Fund Class A was 38.09%, occurring on Mar 23, 2020. Recovery took 111 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -38.09%Mar 2020 | 1mo 2d | 5mo 8d | 6mo 10dFeb 2020 - Aug 2020 |
Bear market2022 | -28.22%Jun 2022 | 7mo 1d | 2y 2mo | 2y 9moNov 2021 - Aug 2024 |
Rate-hike selloffLate 2018 | -22.43%Dec 2018 | 3mo 4d | 4mo 3d | 7mo 7dSep 2018 - Apr 2019 |
2025 selloff2025 | -21.53%Apr 2025 | 4mo 13d | 5mo 6d | 9mo 19dNov 2024 - Sep 2025 |
2016 correction2016 | -11.50%Feb 2016 | 1mo 6d | 25d | 2mo 1dJan 2016 - Mar 2016 |
Drawdown Indicators
| CMJAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.09% | -56.78% | +18.69% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -9.10% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -21.53% | -18.90% | -2.63% |
Max Drawdown (5Y)Largest decline over 5 years | -28.22% | -25.43% | -2.79% |
Max Drawdown (10Y)Largest decline over 10 years | -38.09% | -33.92% | -4.17% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -6.35% | -10.72% | +4.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 1.97% | +0.36% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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