CAEIX vs. APFDX
CAEIX (Calvert Global Energy Solutions Fund) and APFDX (Artisan Global Discovery Fund) are both Global Equities funds. Over the past 5 years, CAEIX returned 3.86%/yr vs 2.84%/yr for APFDX. Their correlation of 0.81 means they have usually moved in the same direction. CAEIX charges 0.99%/yr vs 1.38%/yr for APFDX.
Performance
CAEIX vs. APFDX - Performance Comparison
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Returns By Period
In the year-to-date period, CAEIX achieves a 11.52% return, which is significantly higher than APFDX's 4.22% return.
CAEIX
- 1D
- 2.90%
- 1M
- -2.87%
- 6M
- 4.77%
- YTD
- 11.52%
- 1Y
- 25.44%
- 3Y*
- 8.41%
- 5Y*
- 3.86%
- 10Y*
- 10.87%
- ALL TIME*
- 1.09%
APFDX
- 1D
- 1.14%
- 1M
- -5.05%
- 6M
- 2.45%
- YTD
- 4.22%
- 1Y
- 11.38%
- 3Y*
- 11.87%
- 5Y*
- 2.84%
- 10Y*
- —
- ALL TIME*
- 11.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CAEIX vs. APFDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAEIX Calvert Global Energy Solutions Fund | 11.52% | 32.61% | -7.13% | 5.67% | -17.43% | 6.73% | 61.52% | 33.48% | -19.26% | 7.77% |
APFDX Artisan Global Discovery Fund | 4.22% | 12.07% | 16.11% | 20.66% | -31.14% | 12.04% | 45.70% | 42.57% | -2.58% | 4.94% |
Correlation
The correlation between CAEIX and APFDX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2017 | 0.81 |
The correlation between CAEIX and APFDX has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.
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Return for Risk
CAEIX vs. APFDX — Risk / Return Rank
CAEIX
APFDX
CAEIX vs. APFDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Global Energy Solutions Fund (CAEIX) and Artisan Global Discovery Fund (APFDX). 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.
| CAEIX | APFDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.12 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 0.83 | +1.19 |
| Martin ratioReturn relative to average drawdown | 6.51 | 3.12 | +3.39 |
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Drawdowns
CAEIX vs. APFDX - Drawdown Comparison
The maximum CAEIX drawdown since its inception was -75.81%, which is greater than APFDX's maximum drawdown of -40.83%. Use the drawdown chart below to compare losses from any high point for CAEIX and APFDX.
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Drawdown Indicators
| CAEIX | APFDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.81% | -40.83% | -34.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -13.18% | +1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -22.01% | -21.19% | -0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -32.58% | -40.83% | +8.25% |
Max Drawdown (10Y)Largest decline over 10 years | -37.54% | — | — |
Current DrawdownCurrent decline from peak | -9.41% | -6.06% | -3.35% |
Average DrawdownAverage peak-to-trough decline | -48.28% | -10.58% | -37.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 3.51% | +0.21% |
Volatility
CAEIX vs. APFDX - Volatility Comparison
Calvert Global Energy Solutions Fund (CAEIX) has a higher volatility of 5.40% compared to Artisan Global Discovery Fund (APFDX) at 3.95%. This indicates that CAEIX's price experiences larger fluctuations and is considered to be riskier than APFDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAEIX | APFDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 3.95% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 14.74% | 14.86% | -0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.89% | 17.63% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.42% | 20.76% | -1.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 20.44% | -0.88% |
CAEIX vs. APFDX - Expense Ratio Comparison
CAEIX has a 0.99% expense ratio, which is lower than APFDX's 1.38% expense ratio.
Dividends
CAEIX vs. APFDX - Dividend Comparison
CAEIX's dividend yield for the trailing twelve months is around 0.65%, less than APFDX's 18.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APFDX Artisan Global Discovery Fund | 18.83% | 19.63% | 0.87% | 0.00% | 0.00% | 7.91% | 1.88% | 0.00% | 0.51% | 0.62% | 0.00% | 0.00% |
CAEIX Calvert Global Energy Solutions Fund | 0.65% | 0.72% | 1.17% | 1.07% | 0.86% | 0.49% | 0.82% | 1.23% | 2.00% | 1.40% | 1.79% | 0.72% |
Frequently Asked Questions
CAEIX and APFDX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAEIX has higher volatility (5.40%) compared to APFDX (3.95%). In terms of maximum drawdown, CAEIX dropped -75.81% vs APFDX's -40.83%.
CAEIX currently has the higher Sharpe Ratio (1.36 vs 0.62), 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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