- ISIN
- US14919E8600
- Inception Date
- Dec 2, 2021
- Category
- Short-Term Bond
- Min. Investment
- $5,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
CROVX Performance Chart
Catholic Responsible Investments Opportunistic Bond Fund (CROVX) is up 1.2% since the beginning of the year. CROVX is currently trading at $9 per share.
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Returns By Period
Catholic Responsible Investments Opportunistic Bond Fund (CROVX) has returned 1.21% so far this year and 4.38% over the past 12 months.
Catholic Responsible Investments Opportunistic Bond Fund
- 1D
- 0.00%
- 1M
- 0.47%
- YTD
- 1.21%
- 6M
- 1.31%
- 1Y
- 4.38%
- 3Y*
- 5.25%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CROVX Monthly Returns History
Based on dividend-adjusted daily data since Jan 27, 2022, CROVX's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.
Historically, 67% of months were positive and 33% were negative. The best month was Nov 2023 with a return of +2.3%, while the worst month was Sep 2022 at -2.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.
On a daily basis, CROVX closed higher 39% of trading days. The best single day was Nov 10, 2022 with a return of +1.0%, while the worst single day was Apr 10, 2024 at -0.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.41% | 0.54% | -0.59% | 0.48% | 0.26% | 0.11% | 1.21% | ||||||
| 2025 | 0.48% | 1.02% | 0.16% | 0.41% | 0.17% | 0.91% | 0.08% | 0.93% | 0.50% | 0.26% | 0.53% | 0.21% | 5.81% |
| 2024 | 0.80% | -0.60% | 0.79% | -1.08% | 1.17% | 0.80% | 1.50% | 1.13% | 1.01% | -0.87% | 0.68% | -0.22% | 5.18% |
| 2023 | 1.98% | -1.04% | 1.33% | 0.32% | -0.26% | -0.52% | 0.46% | 0.19% | -0.85% | -0.48% | 2.31% | 2.06% | 5.56% |
| 2022 | 0.01% | -0.60% | -1.20% | -1.12% | 0.03% | -0.86% | 0.93% | -1.12% | -2.29% | -0.82% | 1.87% | -0.19% | -5.29% |
Benchmark Metrics
Catholic Responsible Investments Opportunistic Bond Fund has an annualized alpha of 2.49%, beta of 0.02, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 27, 2022.
- This fund participated in 13.94% of S&P 500 Index downside but only 13.04% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.02 may look defensive, but with R2 of 0.02 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.02 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.49%
- Beta
- 0.02
- R²
- 0.02
- Upside Capture
- 13.04%
- Downside Capture
- 13.94%
Expense Ratio
CROVX has an expense ratio of 0.56%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CROVX ranks 94 for risk / return — in the top 94% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Catholic Responsible Investments Opportunistic Bond Fund (CROVX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CROVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.37 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 5.19 | 2.78 | +2.40 |
| Martin ratioReturn relative to average drawdown | 20.92 | 12.44 | +8.49 |
Dividends
Dividend History
Catholic Responsible Investments Opportunistic Bond Fund provided a 4.42% dividend yield over the last twelve months, with an annual payout of $0.41 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.41 | $0.43 | $0.43 | $0.40 | $0.23 |
Dividend yield | 4.42% | 4.57% | 4.61% | 4.39% | 2.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Catholic Responsible Investments Opportunistic Bond Fund. 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.16 | ||||||
| 2025 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.43 |
| 2024 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.43 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.40 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.23 |
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 Catholic Responsible Investments Opportunistic Bond 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 Catholic Responsible Investments Opportunistic Bond Fund was 7.31%, occurring on Oct 20, 2022. Recovery took 308 trading sessions.
The current Catholic Responsible Investments Opportunistic Bond Fund drawdown is 0.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -7.31%Oct 2022 | 8mo 19d | 1y 2mo | 1y 11moFeb 2022 - Jan 2024 |
2024 pullback2024 | -1.30%Apr 2024 | 28d | 20d | 1mo 18dMar 2024 - May 2024 |
2024 pullback2024 | -1.25%Nov 2024 | 1mo 7d | 3mo | 4mo 7dSep 2024 - Jan 2025 |
2024 pullback2024 | -1.19%Feb 2024 | 11d | 1mo 13d | 1mo 24dFeb 2024 - Mar 2024 |
2025 selloff2025 | -1.18%Apr 2025 | 7d | 18d | 25dApr 2025 - Apr 2025 |
Drawdown Indicators
| CROVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.31% | -56.78% | +49.47% |
Max Drawdown (1Y)Largest decline over 1 year | -0.85% | -9.10% | +8.25% |
Max Drawdown (3Y)Largest decline over 3 years | -2.06% | -18.90% | +16.84% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.11% | -1.80% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -1.71% | -10.71% | +9.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 2.03% | -1.82% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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