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 0.77, 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:
0.18
SPY:
1.97
CAEIX:
0.35
SPY:
2.64
CAEIX:
1.04
SPY:
1.36
CAEIX:
0.07
SPY:
2.97
CAEIX:
0.48
SPY:
12.34
CAEIX:
5.87%
SPY:
2.03%
CAEIX:
15.61%
SPY:
12.68%
CAEIX:
-75.80%
SPY:
-55.19%
CAEIX:
-36.53%
SPY:
-0.01%
Returns By Period
In the year-to-date period, CAEIX achieves a 0.94% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, CAEIX has underperformed SPY with an annualized return of 5.65%, while SPY has yielded a comparatively higher 13.24% annualized return.
CAEIX
0.94%
0.37%
-3.42%
0.52%
6.11%
5.65%
SPY
4.03%
2.03%
10.70%
23.63%
14.37%
13.24%
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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 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 1.16% 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 | 1.16% | 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) has a higher volatility of 4.53% compared to SPDR S&P 500 ETF (SPY) at 3.15%. 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.