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:
-0.30
SPY:
2.21
CAEIX:
-0.31
SPY:
2.93
CAEIX:
0.96
SPY:
1.41
CAEIX:
-0.13
SPY:
3.26
CAEIX:
-0.86
SPY:
14.43
CAEIX:
5.64%
SPY:
1.90%
CAEIX:
16.09%
SPY:
12.41%
CAEIX:
-75.81%
SPY:
-55.19%
CAEIX:
-37.63%
SPY:
-2.74%
Returns By Period
In the year-to-date period, CAEIX achieves a -7.87% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, CAEIX has underperformed SPY with an annualized return of 5.80%, while SPY has yielded a comparatively higher 12.97% annualized return.
CAEIX
-7.87%
-3.53%
-4.82%
-6.65%
6.97%
5.80%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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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 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 has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAEIX Calvert Global Energy Solutions Fund | 0.00% | 1.07% | 0.86% | 0.49% | 0.82% | 1.23% | 2.01% | 1.40% | 1.80% | 0.72% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CAEIX vs. SPY - Drawdown Comparison
The maximum CAEIX drawdown since its inception was -75.81%, 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) has a higher volatility of 4.25% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that CAEIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.