BCPIX vs. CSIBX
BCPIX (Brandes Core Plus Fixed Income Fund) and CSIBX (Calvert Bond Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, BCPIX returned 1.71%/yr vs 2.14%/yr for CSIBX. Their correlation of 0.83 suggests significant overlap in exposure. BCPIX charges 0.30%/yr vs 0.73%/yr for CSIBX.
Performance
BCPIX vs. CSIBX - Performance Comparison
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Returns By Period
In the year-to-date period, BCPIX achieves a -0.08% return, which is significantly higher than CSIBX's -0.11% return. Over the past 10 years, BCPIX has underperformed CSIBX with an annualized return of 1.71%, while CSIBX has yielded a comparatively higher 2.14% annualized return.
BCPIX
- 1D
- -0.36%
- 1M
- 0.89%
- YTD
- -0.08%
- 6M
- 0.44%
- 1Y
- 3.53%
- 3Y*
- 4.11%
- 5Y*
- 0.73%
- 10Y*
- 1.71%
CSIBX
- 1D
- -0.27%
- 1M
- 0.69%
- YTD
- -0.11%
- 6M
- 0.31%
- 1Y
- 4.37%
- 3Y*
- 4.58%
- 5Y*
- 0.57%
- 10Y*
- 2.14%
BCPIX vs. CSIBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BCPIX Brandes Core Plus Fixed Income Fund | -0.08% | 6.71% | 1.98% | 6.70% | -10.78% | -0.34% | 5.77% | 6.65% | -0.45% | 2.74% |
CSIBX Calvert Bond Fund | -0.11% | 7.93% | 2.45% | 6.55% | -12.85% | 0.11% | 7.39% | 8.44% | -0.16% | 4.19% |
Correlation
The correlation between BCPIX and CSIBX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2007 | 0.83 |
The correlation between BCPIX and CSIBX shifts across timeframes, from 0.83 (all time) to 0.95 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BCPIX vs. CSIBX — Risk / Return Rank
BCPIX
CSIBX
BCPIX vs. CSIBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brandes Core Plus Fixed Income Fund (BCPIX) and Calvert Bond Fund (CSIBX). 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.
| BCPIX | CSIBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.46 | -0.02 |
| Martin ratioReturn relative to average drawdown | 4.24 | 4.16 | +0.07 |
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Drawdowns
BCPIX vs. CSIBX - Drawdown Comparison
The maximum BCPIX drawdown since its inception was -22.43%, which is greater than CSIBX's maximum drawdown of -17.57%. Use the drawdown chart below to compare losses from any high point for BCPIX and CSIBX.
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Drawdown Indicators
| BCPIX | CSIBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.43% | -17.57% | -4.86% |
Max Drawdown (1Y)Largest decline over 1 year | -2.63% | -3.14% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -5.44% | -5.95% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | -15.19% | -17.57% | +2.38% |
Max Drawdown (10Y)Largest decline over 10 years | -15.19% | -17.57% | +2.38% |
Current DrawdownCurrent decline from peak | -1.29% | -1.86% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -2.05% | -2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 1.10% | -0.21% |
Volatility
BCPIX vs. CSIBX - Volatility Comparison
Brandes Core Plus Fixed Income Fund (BCPIX) and Calvert Bond Fund (CSIBX) have volatilities of 1.17% and 1.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BCPIX | CSIBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.21% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.72% | 3.03% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.58% | 3.92% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.10% | 5.51% | -0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.18% | 4.56% | -0.38% |
BCPIX vs. CSIBX - Expense Ratio Comparison
BCPIX has a 0.30% expense ratio, which is lower than CSIBX's 0.73% expense ratio.
Dividends
BCPIX vs. CSIBX - Dividend Comparison
BCPIX's dividend yield for the trailing twelve months is around 4.23%, less than CSIBX's 4.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCPIX Brandes Core Plus Fixed Income Fund | 4.23% | 4.32% | 3.67% | 2.91% | 2.54% | 1.89% | 1.76% | 2.77% | 2.90% | 2.49% | 2.84% | 2.72% |
CSIBX Calvert Bond Fund | 4.32% | 4.35% | 4.18% | 3.28% | 2.34% | 3.12% | 3.39% | 3.43% | 2.49% | 2.22% | 2.58% | 2.45% |
Frequently Asked Questions
With a correlation of 0.95, BCPIX and CSIBX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
CSIBX has higher volatility (1.21%) compared to BCPIX (1.17%). In terms of maximum drawdown, BCPIX dropped -22.43% vs CSIBX's -17.57%.
CSIBX currently has the higher Sharpe Ratio (1.18 vs 1.06), 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.
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