Calamos Global Opportunities Fund (CVLOX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CVLOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CVLOX
CVLOX charges 1.22% annually. There are 62 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | CVLOX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | CVLOX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | CVLOX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | CVLOX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | CVLOX vs JNSMX |
Best Risk-Adjusted Alternatives to CVLOX
CVLOX has a PortfoliosLab risk / return rank of 34. There are 71 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | CVLOX vs TIBAX | |
| GMO Benchmark-Free Fund | 97 | — | Jun 2011 | CVLOX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | CVLOX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | CVLOX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | CVLOX vs PDSYX |
Top Performing CVLOX Alternatives (YTD)
CVLOX is at 12.04% YTD. There are 19 mutual funds in the Global Allocation category with higher YTD returns, going as high as 17.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 17.63% | — | Dec 2002 | CVLOX vs TIBAX | |
| Wilmington Real Asset Fund | 17.01% | — | Jun 2003 | CVLOX vs WMRIX | |
| Calamos Global Dynamic Income Fund | 16.29% | — | Jun 2007 | CVLOX vs CHW | |
| Calamos Global Total Return Fund | 15.69% | — | Oct 2005 | CVLOX vs CGO | |
| GMO Implementation Fund | 15.19% | — | Feb 2012 | CVLOX vs GIMFX |
Lowest Volatility Alternatives to CVLOX
CVLOX has 16.17% 1-year volatility. There are 75 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.02% | — | Jul 2019 | CVLOX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | CVLOX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.75% | — | Mar 2011 | CVLOX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.82% | — | Sep 2011 | CVLOX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | CVLOX vs PMFYX |
Lowest Drawdown Alternatives to CVLOX
CVLOX has a 1-year max drawdown of -9.85%. There are 70 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | CVLOX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -3.48% | — | Mar 2011 | CVLOX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | CVLOX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | CVLOX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | CVLOX vs MSTGX |
Other Mutual Funds from Calamos
The 10 most viewed Calamos mutual funds shown here include CMNIX, CSQ, CTSIX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calamos Market Neutral Income Fund Institutional C... | 98 | 3.54% | — | May 2000 | CVLOX vs CMNIX | ||
| Calamos Strategic Total Return Fund | Diversified Portfolio | 34 | 9.03% | — | Mar 2004 | CVLOX vs CSQ | |
| Calamos Timpani Small Cap Growth Fund | Small Cap Growth Equities | 55 | 19.41% | — | Mar 2011 | CVLOX vs CTSIX | |
| Calamos Convertible Opportunities and Income Fund | Convertible Bonds | 82 | 25.35% | — | Jun 1997 | CVLOX vs CHI | |
| Calamos Phineus Long/Short Fund | Long-Short | 7 | 3.50% | — | Apr 2016 | CVLOX vs CPLIX | |
| Calamos Growth and Income Fund | Diversified Portfolio | 55 | 9.24% | — | Sep 1988 | CVLOX vs CVTRX | |
| Calamos Hedged Equity Fund | Options Trading | 74 | 5.57% | — | Dec 2014 | CVLOX vs CIHEX | |
| Calamos International Growth Fund | Foreign Large Cap Equities | 29 | 16.59% | — | Mar 2005 | CVLOX vs CIGIX | |
| Calamos Global Equity Fund | Global Equities | 25 | 12.12% | — | Feb 2007 | CVLOX vs CIGEX | |
| Calamos High Income Opportunities Fund | High Yield Bonds | 90 | 2.15% | — | Aug 1999 | CVLOX vs CHYDX |
Often Compared With CVLOX
Investors most often compare CVLOX with FNGAX, GAOSX, RAPZX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CVLOX with Any Fund or Stock
Compare CVLOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CVLOX with funds that move differently
Calamos Global Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CVLOX.
Explore CVLOX Diversifiers