CCLAX vs. TIBIX
Compare and contrast key facts about Calvert Conservative Allocation Fund (CCLAX) and Thornburg Investment Income Builder Fund Class I (TIBIX).
CCLAX is managed by Calvert Research and Management. It was launched on Apr 28, 2005. TIBIX is an actively managed fund by Thornburg. It was launched on Dec 24, 2002.
Performance
CCLAX vs. TIBIX - Performance Comparison
Loading graphics...
CCLAX vs. TIBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCLAX Calvert Conservative Allocation Fund | -1.69% | 10.23% | 6.39% | 10.07% | -14.32% | 7.73% | 12.18% | 15.62% | -2.96% | 8.28% |
TIBIX Thornburg Investment Income Builder Fund Class I | 9.82% | 37.01% | 13.48% | 18.28% | -7.69% | 20.36% | -0.40% | 18.01% | -4.31% | 15.23% |
Returns By Period
In the year-to-date period, CCLAX achieves a -1.69% return, which is significantly lower than TIBIX's 9.82% return. Over the past 10 years, CCLAX has underperformed TIBIX with an annualized return of 5.19%, while TIBIX has yielded a comparatively higher 12.18% annualized return.
CCLAX
- 1D
- 1.15%
- 1M
- -3.22%
- YTD
- -1.69%
- 6M
- -0.24%
- 1Y
- 6.99%
- 3Y*
- 6.78%
- 5Y*
- 2.87%
- 10Y*
- 5.19%
TIBIX
- 1D
- 1.69%
- 1M
- -2.43%
- YTD
- 9.82%
- 6M
- 16.92%
- 1Y
- 38.14%
- 3Y*
- 24.21%
- 5Y*
- 15.48%
- 10Y*
- 12.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CCLAX vs. TIBIX - Expense Ratio Comparison
CCLAX has a 0.41% expense ratio, which is lower than TIBIX's 0.93% expense ratio.
Return for Risk
CCLAX vs. TIBIX — Risk / Return Rank
CCLAX
TIBIX
CCLAX vs. TIBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Conservative Allocation Fund (CCLAX) and Thornburg Investment Income Builder Fund Class I (TIBIX). 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.
| CCLAX | TIBIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 3.57 | -2.47 |
Sortino ratioReturn per unit of downside risk | 1.56 | 4.54 | -2.98 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.79 | -0.57 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 4.43 | -2.96 |
Martin ratioReturn relative to average drawdown | 5.82 | 21.79 | -15.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CCLAX | TIBIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 3.57 | -2.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 1.40 | -0.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.91 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.75 | +0.05 |
Correlation
The correlation between CCLAX and TIBIX is 0.75, 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
CCLAX vs. TIBIX - Dividend Comparison
CCLAX's dividend yield for the trailing twelve months is around 3.33%, less than TIBIX's 5.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCLAX Calvert Conservative Allocation Fund | 3.33% | 3.31% | 3.37% | 3.24% | 2.22% | 5.37% | 4.16% | 4.14% | 4.83% | 2.22% | 3.52% | 5.82% |
TIBIX Thornburg Investment Income Builder Fund Class I | 5.40% | 5.83% | 5.67% | 4.89% | 5.89% | 5.33% | 4.31% | 4.46% | 4.77% | 4.52% | 4.14% | 4.66% |
Drawdowns
CCLAX vs. TIBIX - Drawdown Comparison
The maximum CCLAX drawdown since its inception was -23.98%, smaller than the maximum TIBIX drawdown of -48.88%. Use the drawdown chart below to compare losses from any high point for CCLAX and TIBIX.
Loading graphics...
Drawdown Indicators
| CCLAX | TIBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.98% | -48.88% | +24.90% |
Max Drawdown (1Y)Largest decline over 1 year | -5.03% | -8.58% | +3.55% |
Max Drawdown (5Y)Largest decline over 5 years | -18.86% | -20.79% | +1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -18.86% | -34.85% | +15.99% |
Current DrawdownCurrent decline from peak | -3.72% | -3.47% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -2.87% | -6.00% | +3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.27% | 1.75% | -0.48% |
Volatility
CCLAX vs. TIBIX - Volatility Comparison
The current volatility for Calvert Conservative Allocation Fund (CCLAX) is 2.82%, while Thornburg Investment Income Builder Fund Class I (TIBIX) has a volatility of 3.68%. This indicates that CCLAX experiences smaller price fluctuations and is considered to be less risky than TIBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CCLAX | TIBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 3.68% | -0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 6.57% | -2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.71% | 10.83% | -4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.04% | 11.11% | -4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.70% | 13.48% | -6.78% |