CAAAX vs. CRFIX

Last updated Apr 1, 2026

Compare and contrast key facts about Calvert Growth Allocation Fund (CAAAX) and Calvert Focused Value Fund (CRFIX).

CAAAX is managed by Calvert Research and Management. It was launched on Jun 29, 2005. CRFIX is managed by Calvert Research and Management. It was launched on Apr 28, 2022.

Performance

CAAAX vs. CRFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Growth Allocation Fund (CAAAX) and Calvert Focused Value Fund (CRFIX). The values are adjusted to include any dividend payments, if applicable.

CAAAX vs. CRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CAAAX Calvert Growth Allocation Fund	-5.91%	14.93%	12.56%	15.14%	-5.06%
CRFIX Calvert Focused Value Fund	-4.34%	13.26%	12.24%	8.84%	-1.34%

Returns By Period

In the year-to-date period, CAAAX achieves a -5.91% return, which is significantly lower than CRFIX's -4.34% return.

CAAAX

• 1D: -0.18%
• 1M: -8.97%
• YTD: -5.91%
• 6M: -3.07%
• 1Y: 9.79%
• 3Y*: 10.01%
• 5Y*: 4.99%
• 10Y*: 9.15%

CRFIX

• 1D: -0.85%
• 1M: -10.56%
• YTD: -4.34%
• 6M: 0.67%
• 1Y: 8.82%
• 3Y*: 9.83%
• 5Y*: —
• 10Y*: —

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

CAAAX vs. CRFIX - Expense Ratio Comparison

CAAAX has a 0.43% expense ratio, which is lower than CRFIX's 0.74% expense ratio.

CRFIX

Calvert Focused Value Fund

CAAAX

Calvert Growth Allocation Fund

Return for Risk

CAAAX vs. CRFIX — Risk / Return Rank

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

CAAAX

CAAAX Risk / Return Rank: 27
CAAAX Sharpe Ratio Rank: 27
CAAAX Sortino Ratio Rank: 27
CAAAX Omega Ratio Rank: 27
CAAAX Calmar Ratio Rank: 25
CAAAX Martin Ratio Rank: 31

CRFIX

CRFIX Risk / Return Rank: 23
CRFIX Sharpe Ratio Rank: 24
CRFIX Sortino Ratio Rank: 23
CRFIX Omega Ratio Rank: 23
CRFIX Calmar Ratio Rank: 23
CRFIX Martin Ratio Rank: 23

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.

CAAAX vs. CRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Growth Allocation Fund (CAAAX) and Calvert Focused Value Fund (CRFIX). 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.

	CAAAX	CRFIX	Difference
Sharpe ratio Return per unit of total volatility	0.66	0.59	+0.07
Sortino ratio Return per unit of downside risk	1.02	0.92	+0.10
Omega ratio Gain probability vs. loss probability	1.15	1.13	+0.02
Calmar ratio Return relative to maximum drawdown	0.74	0.69	+0.05
Martin ratio Return relative to average drawdown	3.34	2.51	+0.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAAAX vs. CRFIX - Sharpe Ratio Comparison

The current CAAAX Sharpe Ratio is 0.66, which is comparable to the CRFIX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of CAAAX and CRFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CAAAX	CRFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	0.59	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.45	-0.04

Correlation

The correlation between CAAAX and CRFIX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CAAAX vs. CRFIX - Dividend Comparison

CAAAX's dividend yield for the trailing twelve months is around 4.25%, less than CRFIX's 6.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAAAX Calvert Growth Allocation Fund	4.25%	4.00%	2.50%	4.47%	2.81%	3.68%	3.34%	3.53%	6.44%	5.57%	5.13%	15.27%
CRFIX Calvert Focused Value Fund	6.03%	5.77%	4.37%	1.02%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CAAAX vs. CRFIX - Drawdown Comparison

The maximum CAAAX drawdown since its inception was -53.45%, which is greater than CRFIX's maximum drawdown of -18.29%. Use the drawdown chart below to compare losses from any high point for CAAAX and CRFIX.

Drawdown Indicators

	CAAAX	CRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.45%	-18.29%	-35.16%
Max Drawdown (1Y) Largest decline over 1 year	-11.09%	-12.21%	+1.12%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.59%	—	—
Current Drawdown Current decline from peak	-9.39%	-11.97%	+2.58%
Average Drawdown Average peak-to-trough decline	-8.32%	-4.16%	-4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	3.36%	-0.90%

Volatility

CAAAX vs. CRFIX - Volatility Comparison

Calvert Growth Allocation Fund (CAAAX) has a higher volatility of 4.61% compared to Calvert Focused Value Fund (CRFIX) at 4.25%. This indicates that CAAAX's price experiences larger fluctuations and is considered to be riskier than CRFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAAAX	CRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.25%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	8.37%	9.19%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	16.62%	-1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.00%	15.69%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.43%	15.69%	-0.26%