- ISIN
- US1316497742
- CUSIP
- 131649774
- Inception Date
- Oct 30, 2012
- Category
- Emerging Markets Diversified
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
CVMIX Performance Chart
Calvert Emerging Markets Equity Fund (CVMIX) is up 35.1% since the beginning of the year. CVMIX is currently trading at $31 per share. Investors who bought $1,000 worth of CVMIX shares 5 years ago would now be looking at an investment worth $1,446.
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Returns By Period
Calvert Emerging Markets Equity Fund (CVMIX) has returned 35.14% so far this year and 64.24% over the past 12 months. Over the last ten years, CVMIX has returned 11.21% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Calvert Emerging Markets Equity Fund
- 1D
- 3.60%
- 1M
- 7.65%
- YTD
- 35.14%
- 6M
- 37.90%
- 1Y
- 64.24%
- 3Y*
- 24.31%
- 5Y*
- 7.65%
- 10Y*
- 11.21%
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%
CVMIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2013, CVMIX's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2022 with a return of +16.2%, while the worst month was Mar 2020 at -16.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, CVMIX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +7.3%, while the worst single day was Mar 16, 2020 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.38% | 7.05% | -11.38% | 15.72% | 9.82% | 3.42% | 35.14% | ||||||
| 2025 | 1.45% | 0.57% | 0.85% | 1.80% | 5.04% | 6.22% | 0.05% | 1.79% | 7.31% | 5.13% | -1.21% | 3.08% | 36.77% |
| 2024 | -4.66% | 3.86% | 3.10% | -0.06% | 1.80% | 3.48% | 0.51% | 0.11% | 6.64% | -4.04% | -2.77% | -1.15% | 6.37% |
| 2023 | 10.44% | -8.30% | 3.21% | -1.52% | -2.91% | 4.20% | 5.07% | -6.75% | -4.24% | -3.19% | 7.27% | 3.23% | 4.74% |
| 2022 | -0.68% | -5.56% | -3.18% | -8.24% | -0.18% | -7.11% | 2.97% | -0.12% | -11.38% | -1.88% | 16.21% | -3.57% | -22.57% |
| 2021 | 1.98% | 1.72% | -1.26% | 0.09% | 1.58% | -0.26% | -5.15% | 1.55% | -4.76% | 1.04% | -4.53% | 0.71% | -7.43% |
Benchmark Metrics
Calvert Emerging Markets Equity Fund has an annualized alpha of -0.75%, beta of 0.76, and R2 of 0.53 versus S&P 500 Index. Calculated based on daily prices since January 02, 2013.
- This fund participated in 88.26% of S&P 500 Index downside but only 72.76% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.75%
- Beta
- 0.76
- R²
- 0.53
- Upside Capture
- 72.76%
- Downside Capture
- 88.26%
Expense Ratio
CVMIX has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CVMIX ranks 87 for risk / return — in the top 87% 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 Calvert Emerging Markets Equity Fund (CVMIX) 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.
| CVMIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.37 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 2.78 | +1.50 |
| Martin ratioReturn relative to average drawdown | 17.05 | 12.44 | +4.61 |
Dividends
Dividend History
Calvert Emerging Markets Equity Fund provided a 1.67% dividend yield over the last twelve months, with an annual payout of $0.52 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.52 | $0.11 | $0.15 | $0.12 | $0.16 | $0.09 | $0.12 | $0.18 | $0.05 | $0.10 | $0.14 |
Dividend yield | 1.67% | 2.26% | 0.63% | 0.92% | 0.79% | 0.76% | 0.41% | 0.68% | 1.24% | 0.27% | 0.84% | 1.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Calvert Emerging Markets Equity 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 | $0.00 | $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 | $0.52 | $0.52 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
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 Emerging Markets Equity 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 Calvert Emerging Markets Equity Fund was 43.96%, occurring on Oct 24, 2022. Recovery took 801 trading sessions.
The current Calvert Emerging Markets Equity Fund drawdown is 0.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -43.96%Oct 2022 | 1y 8mo | 3y 2mo | 4y 10moFeb 2021 - Jan 2026 |
COVID crash2020 | -34.25%Mar 2020 | 2y 1mo | 5mo 4d | 2y 6moJan 2018 - Aug 2020 |
2016 bear market2016 | -25.65%Jan 2016 | 8mo 28d | 1y 1mo | 1y 10moApr 2015 - Mar 2017 |
2026 correction2026 | -14.95%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
2013 correction2013 | -12.42%Jun 2013 | 1mo 3d | 2mo 24d | 3mo 27dMay 2013 - Sep 2013 |
Drawdown Indicators
| CVMIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.96% | -56.78% | +12.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.95% | -9.10% | -5.85% |
Max Drawdown (3Y)Largest decline over 3 years | -17.48% | -18.90% | +1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -39.99% | -25.43% | -14.56% |
Max Drawdown (10Y)Largest decline over 10 years | -43.96% | -33.92% | -10.04% |
Current DrawdownCurrent decline from peak | -0.67% | -1.80% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -14.18% | -10.71% | -3.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 2.03% | +1.71% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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