CAEIX vs. SPY
Compare and contrast key facts about Calvert Global Energy Solutions Fund (CAEIX) and SPDR S&P 500 ETF (SPY).
CAEIX is managed by Calvert Research and Management. It was launched on May 30, 2007. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAEIX or SPY.
Correlation
The correlation between CAEIX and SPY is 0.78, 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.
Performance
CAEIX vs. SPY - Performance Comparison
Key characteristics
CAEIX:
0.20
SPY:
2.20
CAEIX:
0.38
SPY:
2.91
CAEIX:
1.04
SPY:
1.41
CAEIX:
0.08
SPY:
3.35
CAEIX:
0.62
SPY:
13.99
CAEIX:
5.04%
SPY:
2.01%
CAEIX:
15.70%
SPY:
12.79%
CAEIX:
-75.80%
SPY:
-55.19%
CAEIX:
-36.76%
SPY:
-1.35%
Returns By Period
In the year-to-date period, CAEIX achieves a 0.56% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, CAEIX has underperformed SPY with an annualized return of 6.29%, while SPY has yielded a comparatively higher 13.44% annualized return.
CAEIX
0.56%
1.04%
-4.46%
2.42%
6.49%
6.29%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CAEIX vs. SPY - Expense Ratio Comparison
CAEIX has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
CAEIX vs. SPY — Risk-Adjusted Performance Rank
CAEIX
SPY
CAEIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Global Energy Solutions Fund (CAEIX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
CAEIX vs. SPY - Dividend Comparison
CAEIX's dividend yield for the trailing twelve months is around 1.17%, which matches SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAEIX Calvert Global Energy Solutions Fund | 1.17% | 1.18% | 1.07% | 0.86% | 0.49% | 0.82% | 1.23% | 2.01% | 1.40% | 1.80% | 0.72% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CAEIX vs. SPY - Drawdown Comparison
The maximum CAEIX drawdown since its inception was -75.80%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CAEIX and SPY. For additional features, visit the drawdowns tool.
Volatility
CAEIX vs. SPY - Volatility Comparison
Calvert Global Energy Solutions Fund (CAEIX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.91% and 5.10%, 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.