CDHIX vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about Calvert International Responsible Index Fund (CDHIX) and S&P 500 Index (^GSPC).

CDHIX is managed by Calvert Research and Management. It was launched on Oct 30, 2015.

Performance

CDHIX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert International Responsible Index Fund (CDHIX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

CDHIX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CDHIX Calvert International Responsible Index Fund	-1.74%	33.29%	5.04%	20.03%	-19.22%	12.57%	15.33%	24.38%	-13.67%	25.31%
^GSPC S&P 500 Index	-4.63%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, CDHIX achieves a -1.74% return, which is significantly higher than ^GSPC's -4.63% return. Over the past 10 years, CDHIX has underperformed ^GSPC with an annualized return of 9.26%, while ^GSPC has yielded a comparatively higher 12.16% annualized return.

CDHIX

• 1D: -0.11%
• 1M: -12.55%
• YTD: -1.74%
• 6M: 3.84%
• 1Y: 24.21%
• 3Y*: 14.65%
• 5Y*: 7.80%
• 10Y*: 9.26%

^GSPC

• 1D: 2.91%
• 1M: -5.09%
• YTD: -4.63%
• 6M: -2.39%
• 1Y: 16.33%
• 3Y*: 16.69%
• 5Y*: 10.18%
• 10Y*: 12.16%

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

Return for Risk

CDHIX vs. ^GSPC — Risk / Return Rank

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

CDHIX

CDHIX Risk / Return Rank: 74
CDHIX Sharpe Ratio Rank: 76
CDHIX Sortino Ratio Rank: 74
CDHIX Omega Ratio Rank: 71
CDHIX Calmar Ratio Rank: 75
CDHIX Martin Ratio Rank: 74

^GSPC

^GSPC Risk / Return Rank: 74
^GSPC Sharpe Ratio Rank: 69
^GSPC Sortino Ratio Rank: 68
^GSPC Omega Ratio Rank: 76
^GSPC Calmar Ratio Rank: 73
^GSPC Martin Ratio Rank: 85

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.

CDHIX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert International Responsible Index Fund (CDHIX) and S&P 500 Index (^GSPC). 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.

	CDHIX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.34	0.90	+0.45
Sortino ratio Return per unit of downside risk	1.84	1.39	+0.45
Omega ratio Gain probability vs. loss probability	1.26	1.21	+0.05
Calmar ratio Return relative to maximum drawdown	1.73	1.40	+0.33
Martin ratio Return relative to average drawdown	7.06	6.61	+0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CDHIX vs. ^GSPC - Sharpe Ratio Comparison

The current CDHIX Sharpe Ratio is 1.34, which is higher than the ^GSPC Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of CDHIX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CDHIX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	0.90	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.61	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.68	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.46	+0.08

Correlation

The correlation between CDHIX and ^GSPC is 0.80, 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.

Drawdowns

CDHIX vs. ^GSPC - Drawdown Comparison

The maximum CDHIX drawdown since its inception was -32.32%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CDHIX and ^GSPC.

Drawdown Indicators

	CDHIX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-32.32%	-56.78%	+24.46%
Max Drawdown (1Y) Largest decline over 1 year	-12.61%	-12.14%	-0.47%
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	-25.43%	-6.58%
Max Drawdown (10Y) Largest decline over 10 years	-32.32%	-33.92%	+1.60%
Current Drawdown Current decline from peak	-12.61%	-6.45%	-6.16%
Average Drawdown Average peak-to-trough decline	-6.39%	-10.75%	+4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.57%	+0.51%

Volatility

CDHIX vs. ^GSPC - Volatility Comparison

Calvert International Responsible Index Fund (CDHIX) has a higher volatility of 7.69% compared to S&P 500 Index (^GSPC) at 5.34%. This indicates that CDHIX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CDHIX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.69%	5.34%	+2.35%
Volatility (6M) Calculated over the trailing 6-month period	11.75%	9.54%	+2.21%
Volatility (1Y) Calculated over the trailing 1-year period	17.36%	18.33%	-0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.93%	16.91%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.39%	18.05%	-1.66%