CDEI vs. FTIF

Last updated Jun 26, 2026

CDEI (Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF) and FTIF (First Trust Bloomberg Inflation Sensitive Equity ETF) are both Large Cap Blend Equities funds - CDEI tracks the Russell 1000 Index while FTIF tracks the Bloomberg Inflation Sensitive Equity Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, CDEI returned 18.25%/yr vs 13.84%/yr for FTIF. A 0.52 correlation means they provide meaningful diversification when combined. CDEI charges 0.14%/yr vs 0.60%/yr for FTIF.

Performance

CDEI vs. FTIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF (CDEI) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CDEI achieves a 7.81% return, which is significantly lower than FTIF's 21.87% return.

CDEI

• 1D: -0.25%
• 1M: -1.28%
• YTD: 7.81%
• 6M: 6.76%
• 1Y: 22.34%
• 3Y*: 18.25%
• 5Y*: —
• 10Y*: —

FTIF

• 1D: 1.49%
• 1M: -2.17%
• YTD: 21.87%
• 6M: 20.61%
• 1Y: 31.46%
• 3Y*: 13.84%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CDEI vs. FTIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CDEI Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF	7.81%	16.60%	18.67%	27.76%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	21.87%	7.79%	0.50%	12.31%

Correlation

The correlation between CDEI and FTIF is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since Mar 14, 2023	0.52

The correlation between CDEI and FTIF shifts across timeframes, from 0.38 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.

CDEI vs. FTIF - Sectors Allocation Comparison

Sectors	CDEI	FTIF
Technology	44.4%	2.0%
Financial Services	14.4%	-
Communication Services	11.4%	-
Healthcare	9.8%	-
Consumer Cyclical	6.4%	4.0%
Industrials	4.7%	18.0%
Consumer Defensive	4.5%	-
Utilities	2.0%	-
Real Estate	1.5%	14.0%
Energy	0.4%	38.0%
Basic Materials	0.3%	22.0%

Return for Risk

CDEI vs. FTIF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CDEI

CDEI Risk / Return Rank: 59
CDEI Sharpe Ratio Rank: 62
CDEI Sortino Ratio Rank: 62
CDEI Omega Ratio Rank: 57
CDEI Calmar Ratio Rank: 51
CDEI Martin Ratio Rank: 62

FTIF

FTIF Risk / Return Rank: 78
FTIF Sharpe Ratio Rank: 73
FTIF Sortino Ratio Rank: 72
FTIF Omega Ratio Rank: 67
FTIF Calmar Ratio Rank: 93
FTIF Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CDEI vs. FTIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF (CDEI) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). 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.

	CDEI	FTIF	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.05	-0.23
Sortino ratio: Return per unit of downside risk	2.55	2.84	-0.29
Omega ratio: Gain probability vs. loss probability	1.32	1.35	-0.04
Calmar ratio: Return relative to maximum drawdown	2.27	5.79	-3.52
Martin ratio: Return relative to average drawdown	9.72	15.81	-6.08

CDEI vs. FTIF - Sharpe Ratio Comparison

The current CDEI Sharpe Ratio is 1.82, which is comparable to the FTIF Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of CDEI and FTIF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CDEI vs. FTIF - Drawdown Comparison

The maximum CDEI drawdown since its inception was -19.46%, smaller than the maximum FTIF drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for CDEI and FTIF.

Drawdown Indicators

	CDEI	FTIF	Difference
Max Drawdown Largest peak-to-trough decline	-19.46%	-27.83%	+8.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.88%	-5.46%	-4.42%
Max Drawdown (3Y) Largest decline over 3 years	-19.46%	-27.83%	+8.37%
Current Drawdown Current decline from peak	-1.99%	-3.61%	+1.62%
Average Drawdown Average peak-to-trough decline	-2.27%	-5.95%	+3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.00%	+0.30%

Volatility

CDEI vs. FTIF - Volatility Comparison

The current volatility for Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF (CDEI) is 4.16%, while First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) has a volatility of 4.81%. This indicates that CDEI experiences smaller price fluctuations and is considered to be less risky than FTIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CDEI	FTIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	4.81%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	10.82%	-1.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	15.46%	-3.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.06%	18.92%	-3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.06%	18.92%	-3.86%

CDEI vs. FTIF - Expense Ratio Comparison

CDEI has a 0.14% expense ratio, which is lower than FTIF's 0.60% expense ratio.

Dividends

CDEI vs. FTIF - Dividend Comparison

CDEI's dividend yield for the trailing twelve months is around 1.01%, less than FTIF's 1.41% yield.

Position	TTM	2025	2024	2023
CDEI Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF	1.01%	1.05%	1.22%	1.16%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	1.41%	1.45%	2.88%	1.55%

Frequently Asked Questions

Can I hold both CDEI and FTIF in my portfolio?

CDEI and FTIF have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CDEI or FTIF?

FTIF has higher volatility (4.81%) compared to CDEI (4.16%). In terms of maximum drawdown, CDEI dropped -19.46% vs FTIF's -27.83%.

Which ETF is better, CDEI or FTIF?

On 3-year performance, CDEI leads with 18.25% vs 13.84% for FTIF. On fees, CDEI is cheaper at 0.14% per year. On volatility, CDEI has been the lower-risk option at 4.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CDEI or FTIF?

Over the 3-year period, CDEI has performed better with a 18.25% return vs 13.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CDEI or FTIF?

CDEI is cheaper with a 0.14% expense ratio, compared with 0.60% for FTIF.

Which ETF pays a higher dividend yield, CDEI or FTIF?

FTIF has the higher dividend yield at 1.41%, compared with 1.01% for CDEI.

What is the main difference between CDEI and FTIF?

CDEI tracks Russell 1000 Index, while FTIF tracks Bloomberg Inflation Sensitive Equity Index - Benchmark TR Gross. They also come from different issuers: Calvert and First Trust. Their fees differ too: 0.14% for CDEI and 0.60% for FTIF.

Which has better risk-adjusted returns?

FTIF currently has the higher Sharpe Ratio (2.05 vs 1.82), 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.