ADLVX vs. CFJIX

Last updated Jun 27, 2026

ADLVX (Adler Value Fund) and CFJIX (Calvert US Large-Cap Value Responsible Index Fund) are both Large Cap Value Equities funds. Over the past 5 years, ADLVX returned 3.97%/yr vs 10.81%/yr for CFJIX. Their correlation of 0.84 suggests significant overlap in exposure. ADLVX charges 1.29%/yr vs 0.24%/yr for CFJIX.

Performance

ADLVX vs. CFJIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adler Value Fund (ADLVX) 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, ADLVX achieves a 2.20% return, which is significantly lower than CFJIX's 21.08% return.

ADLVX

• 1D: 0.73%
• 1M: 1.28%
• YTD: 2.20%
• 6M: 1.09%
• 1Y: 10.68%
• 3Y*: 12.19%
• 5Y*: 3.97%
• 10Y*: —

CFJIX

• 1D: 0.56%
• 1M: 6.03%
• YTD: 21.08%
• 6M: 19.51%
• 1Y: 33.82%
• 3Y*: 21.26%
• 5Y*: 10.81%
• 10Y*: 13.02%

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

ADLVX vs. CFJIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ADLVX Adler Value Fund	2.20%	15.24%	10.19%	5.33%	-11.32%	26.50%	11.55%	13.42%	0.00%
CFJIX Calvert US Large-Cap Value Responsible Index Fund	21.08%	16.76%	14.63%	9.86%	-11.70%	24.40%	9.06%	29.36%	-12.49%

Correlation

The correlation between ADLVX and CFJIX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 17, 2018	0.84

The correlation between ADLVX and CFJIX shifts across timeframes, from 0.77 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ADLVX vs. CFJIX — Risk / Return Rank

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

ADLVX

ADLVX Risk / Return Rank: 15
ADLVX Sharpe Ratio Rank: 14
ADLVX Sortino Ratio Rank: 15
ADLVX Omega Ratio Rank: 13
ADLVX Calmar Ratio Rank: 17
ADLVX Martin Ratio Rank: 15

CFJIX

CFJIX Risk / Return Rank: 89
CFJIX Sharpe Ratio Rank: 92
CFJIX Sortino Ratio Rank: 89
CFJIX Omega Ratio Rank: 84
CFJIX Calmar Ratio Rank: 89
CFJIX Martin Ratio Rank: 91

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.

ADLVX vs. CFJIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adler Value Fund (ADLVX) 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.

	ADLVX	CFJIX	Difference
Sharpe ratio: Return per unit of total volatility	0.86	2.69	-1.84
Sortino ratio: Return per unit of downside risk	1.31	3.85	-2.54
Omega ratio: Gain probability vs. loss probability	1.15	1.47	-0.32
Calmar ratio: Return relative to maximum drawdown	1.20	3.90	-2.71
Martin ratio: Return relative to average drawdown	3.41	15.16	-11.75

ADLVX vs. CFJIX - Sharpe Ratio Comparison

The current ADLVX Sharpe Ratio is 0.86, which is lower than the CFJIX Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of ADLVX 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

ADLVX vs. CFJIX - Drawdown Comparison

The maximum ADLVX drawdown since its inception was -40.71%, which is greater than CFJIX's maximum drawdown of -36.91%. Use the drawdown chart below to compare losses from any high point for ADLVX and CFJIX.

Drawdown Indicators

	ADLVX	CFJIX	Difference
Max Drawdown Largest peak-to-trough decline	-40.71%	-36.91%	-3.80%
Max Drawdown (1Y) Largest decline over 1 year	-10.33%	-9.00%	-1.33%
Max Drawdown (3Y) Largest decline over 3 years	-17.43%	-16.60%	-0.83%
Max Drawdown (5Y) Largest decline over 5 years	-23.70%	-22.62%	-1.08%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.91%	—
Current Drawdown Current decline from peak	-4.47%	0.00%	-4.47%
Average Drawdown Average peak-to-trough decline	-6.89%	-5.07%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	2.31%	+1.31%

Volatility

ADLVX vs. CFJIX - Volatility Comparison

The current volatility for Adler Value Fund (ADLVX) is 3.87%, while Calvert US Large-Cap Value Responsible Index Fund (CFJIX) has a volatility of 4.16%. This indicates that ADLVX 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

	ADLVX	CFJIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	4.16%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	11.35%	10.05%	+1.30%
Volatility (1Y) Calculated over the trailing 1-year period	14.40%	13.07%	+1.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	16.01%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.50%	17.97%	+1.53%

ADLVX vs. CFJIX - Expense Ratio Comparison

ADLVX has a 1.29% expense ratio, which is higher than CFJIX's 0.24% expense ratio.

Dividends

ADLVX vs. CFJIX - Dividend Comparison

ADLVX's dividend yield for the trailing twelve months is around 0.97%, less than CFJIX's 7.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADLVX Adler Value Fund	0.97%	1.00%	1.43%	1.19%	6.93%	8.29%	1.23%	0.91%	0.00%	0.00%	0.00%
CFJIX Calvert US Large-Cap Value Responsible Index Fund	7.56%	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 ADLVX and CFJIX in my portfolio?

ADLVX and CFJIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADLVX or CFJIX?

CFJIX has higher volatility (4.16%) compared to ADLVX (3.87%). In terms of maximum drawdown, ADLVX dropped -40.71% vs CFJIX's -36.91%.

Which has better risk-adjusted returns?

CFJIX currently has the higher Sharpe Ratio (2.69 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.