ADEIX vs. CFJIX

Last updated Jun 25, 2026

ADEIX (Ancora Dividend Value Equity Fund) and CFJIX (Calvert US Large-Cap Value Responsible Index Fund) are both Large Cap Value Equities funds. Over the past 5 years, ADEIX returned 7.07%/yr vs 10.77%/yr for CFJIX. Their correlation of 0.91 suggests significant overlap in exposure. ADEIX charges 1.21%/yr vs 0.24%/yr for CFJIX.

Performance

ADEIX vs. CFJIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ancora Dividend Value Equity Fund (ADEIX) and Calvert US Large-Cap Value Responsible Index Fund (CFJIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADEIX achieves a 1.73% return, which is significantly lower than CFJIX's 20.00% return.

ADEIX

• 1D: -0.28%
• 1M: -0.11%
• YTD: 1.73%
• 6M: 0.49%
• 1Y: 8.46%
• 3Y*: 11.15%
• 5Y*: 7.07%
• 10Y*: —

CFJIX

• 1D: 0.24%
• 1M: 6.38%
• YTD: 20.00%
• 6M: 18.48%
• 1Y: 32.90%
• 3Y*: 21.07%
• 5Y*: 10.77%
• 10Y*: 12.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADEIX vs. CFJIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ADEIX Ancora Dividend Value Equity Fund	1.73%	7.64%	12.59%	13.93%	-11.41%	27.35%	8.93%	14.82%
CFJIX Calvert US Large-Cap Value Responsible Index Fund	20.00%	16.76%	14.63%	9.86%	-11.70%	24.40%	9.06%	13.84%

Correlation

The correlation between ADEIX and CFJIX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since May 15, 2019	0.91

The correlation between ADEIX and CFJIX shifts across timeframes, from 0.80 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADEIX vs. CFJIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADEIX

ADEIX Risk / Return Rank: 14
ADEIX Sharpe Ratio Rank: 13
ADEIX Sortino Ratio Rank: 13
ADEIX Omega Ratio Rank: 12
ADEIX Calmar Ratio Rank: 15
ADEIX Martin Ratio Rank: 16

CFJIX

CFJIX Risk / Return Rank: 85
CFJIX Sharpe Ratio Rank: 88
CFJIX Sortino Ratio Rank: 87
CFJIX Omega Ratio Rank: 79
CFJIX Calmar Ratio Rank: 86
CFJIX Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADEIX vs. CFJIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ancora Dividend Value Equity Fund (ADEIX) and Calvert US Large-Cap Value Responsible Index Fund (CFJIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	ADEIX	CFJIX	Difference
Sharpe ratio: Return per unit of total volatility	0.86	2.63	-1.76
Sortino ratio: Return per unit of downside risk	1.30	3.77	-2.47
Omega ratio: Gain probability vs. loss probability	1.16	1.46	-0.30
Calmar ratio: Return relative to maximum drawdown	1.18	3.82	-2.64
Martin ratio: Return relative to average drawdown	3.91	14.82	-10.91

ADEIX vs. CFJIX - Sharpe Ratio Comparison

The current ADEIX Sharpe Ratio is 0.86, which is lower than the CFJIX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of ADEIX and CFJIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADEIX vs. CFJIX - Drawdown Comparison

The maximum ADEIX drawdown since its inception was -94.85%, which is greater than CFJIX's maximum drawdown of -36.91%. Use the drawdown chart below to compare losses from any high point for ADEIX and CFJIX.

Drawdown Indicators

	ADEIX	CFJIX	Difference
Max Drawdown Largest peak-to-trough decline	-94.85%	-36.91%	-57.94%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-9.00%	+0.97%
Max Drawdown (3Y) Largest decline over 3 years	-94.85%	-16.60%	-78.25%
Max Drawdown (5Y) Largest decline over 5 years	-94.85%	-22.62%	-72.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.91%	—
Current Drawdown Current decline from peak	-93.53%	0.00%	-93.53%
Average Drawdown Average peak-to-trough decline	-23.03%	-5.08%	-17.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	2.31%	+0.11%

Volatility

ADEIX vs. CFJIX - Volatility Comparison

The current volatility for Ancora Dividend Value Equity Fund (ADEIX) is 3.35%, while Calvert US Large-Cap Value Responsible Index Fund (CFJIX) has a volatility of 4.26%. This indicates that ADEIX experiences smaller price fluctuations and is considered to be less risky than CFJIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADEIX	CFJIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	4.26%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	8.22%	10.06%	-1.84%
Volatility (1Y) Calculated over the trailing 1-year period	11.00%	13.12%	-2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	698.70%	16.01%	+682.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	585.83%	17.98%	+567.85%

ADEIX vs. CFJIX - Expense Ratio Comparison

ADEIX has a 1.21% expense ratio, which is higher than CFJIX's 0.24% expense ratio.

Dividends

ADEIX vs. CFJIX - Dividend Comparison

ADEIX's dividend yield for the trailing twelve months is around 3.32%, less than CFJIX's 7.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADEIX Ancora Dividend Value Equity Fund	3.32%	3.38%	0.54%	1.30%	1.43%	1.06%	1.23%	0.79%	0.00%	0.00%	0.00%
CFJIX Calvert US Large-Cap Value Responsible Index Fund	7.63%	9.16%	6.31%	2.07%	2.02%	4.17%	1.88%	2.17%	4.87%	6.79%	2.28%

Frequently Asked Questions

Can I hold both ADEIX and CFJIX in my portfolio?

ADEIX and CFJIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADEIX or CFJIX?

CFJIX has higher volatility (4.26%) compared to ADEIX (3.35%). In terms of maximum drawdown, ADEIX dropped -94.85% vs CFJIX's -36.91%.

Which has better risk-adjusted returns?

CFJIX currently has the higher Sharpe Ratio (2.63 vs 0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.