CEYIX vs. CSXRX

Last updated Jul 25, 2026

CEYIX (Calvert Equity Fund Class I) and CSXRX (Calvert US Large Cap Core Responsible Index Fund Class R6) are both mutual funds - CEYIX is a Large Cap Growth Equities fund actively managed by Calvert, while CSXRX is a Large Cap Blend Equities fund tracking the Calvert US Large-Cap Core Responsible Index. CEYIX is actively managed, while CSXRX is passively managed. Over the past 5 years, CEYIX returned 2.68%/yr vs 11.28%/yr for CSXRX. Their correlation of 0.87 suggests significant overlap in exposure. CEYIX charges 0.66%/yr vs 0.19%/yr for CSXRX.

Performance

CEYIX vs. CSXRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Equity Fund Class I (CEYIX) and Calvert US Large Cap Core Responsible Index Fund Class R6 (CSXRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CEYIX achieves a -8.36% return, which is significantly lower than CSXRX's 10.57% return.

CEYIX

• 1D: 0.13%
• 1M: 2.33%
• 6M: -9.10%
• YTD: -8.36%
• 1Y: -8.17%
• 3Y*: 3.99%
• 5Y*: 2.68%
• 10Y*: 11.67%
• ALL TIME*: 8.83%

CSXRX

• 1D: -0.99%
• 1M: 0.10%
• 6M: 9.36%
• YTD: 10.57%
• 1Y: 18.99%
• 3Y*: 18.95%
• 5Y*: 11.28%
• 10Y*: —
• ALL TIME*: 14.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CEYIX Calvert Equity Fund Class I	$0.00	$0.00	$0.00
CSXRX Calvert US Large Cap Core Responsible Index Fund Class R6	$0.00	$0.00	$0.00

CEYIX vs. CSXRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CEYIX Calvert Equity Fund Class I	-8.36%	7.47%	8.62%	18.22%	-17.43%	29.21%	24.38%	36.79%	5.41%	5.16%
CSXRX Calvert US Large Cap Core Responsible Index Fund Class R6	10.57%	15.96%	24.19%	27.32%	-21.64%	25.71%	26.19%	32.83%	-4.07%	4.39%

Correlation

The correlation between CEYIX and CSXRX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Oct 18, 2017	0.87

Over the past year, the correlation between CEYIX and CSXRX has dropped to 0.52 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.

Return for Risk

CEYIX vs. CSXRX — Risk / Return Rank

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

CEYIX

CEYIX Risk / Return Rank: 2
CEYIX Sharpe Ratio Rank: 2
CEYIX Sortino Ratio Rank: 1
CEYIX Omega Ratio Rank: 2
CEYIX Calmar Ratio Rank: 1
CEYIX Martin Ratio Rank: 2

CSXRX

CSXRX Risk / Return Rank: 58
CSXRX Sharpe Ratio Rank: 58
CSXRX Sortino Ratio Rank: 55
CSXRX Omega Ratio Rank: 53
CSXRX Calmar Ratio Rank: 55
CSXRX Martin Ratio Rank: 69

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.

CEYIX vs. CSXRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Equity Fund Class I (CEYIX) and Calvert US Large Cap Core Responsible Index Fund Class R6 (CSXRX). 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.

	CEYIX	CSXRX	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	1.45	-2.00
Sortino ratio: Return per unit of downside risk	-0.69	2.06	-2.75
Omega ratio: Gain probability vs. loss probability	0.92	1.26	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.52	1.98	-2.50
Martin ratio: Return relative to average drawdown	-1.03	8.78	-9.81

CEYIX vs. CSXRX - Sharpe Ratio Comparison

The current CEYIX Sharpe Ratio is -0.55, which is lower than the CSXRX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of CEYIX and CSXRX, 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

CEYIX vs. CSXRX - Drawdown Comparison

The maximum CEYIX drawdown since its inception was -50.45%, which is greater than CSXRX's maximum drawdown of -32.82%. Use the drawdown chart below to compare losses from any high point for CEYIX and CSXRX.

Drawdown Indicators

	CEYIX	CSXRX	Difference
Max Drawdown Largest peak-to-trough decline	-50.45%	-32.82%	-17.63%
Max Drawdown (1Y) Largest decline over 1 year	-14.17%	-9.72%	-4.45%
Max Drawdown (3Y) Largest decline over 3 years	-14.84%	-19.93%	+5.09%
Max Drawdown (5Y) Largest decline over 5 years	-25.57%	-27.34%	+1.77%
Max Drawdown (10Y) Largest decline over 10 years	-30.48%	—	—
Current Drawdown Current decline from peak	-10.56%	-2.26%	-8.30%
Average Drawdown Average peak-to-trough decline	-6.22%	-5.56%	-0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.14%	2.19%	+4.95%

Volatility

CEYIX vs. CSXRX - Volatility Comparison

Calvert Equity Fund Class I (CEYIX) has a higher volatility of 5.38% compared to Calvert US Large Cap Core Responsible Index Fund Class R6 (CSXRX) at 2.97%. This indicates that CEYIX's price experiences larger fluctuations and is considered to be riskier than CSXRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CEYIX	CSXRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	2.97%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	10.88%	10.52%	+0.36%
Volatility (1Y) Calculated over the trailing 1-year period	13.49%	13.31%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.36%	17.89%	-1.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.17%	19.57%	-2.40%

CEYIX vs. CSXRX - Expense Ratio Comparison

CEYIX has a 0.66% expense ratio, which is higher than CSXRX's 0.19% expense ratio.

Dividends

CEYIX vs. CSXRX - Dividend Comparison

CEYIX's dividend yield for the trailing twelve months is around 20.08%, more than CSXRX's 4.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CEYIX Calvert Equity Fund Class I	20.08%	18.40%	7.41%	1.66%	3.03%	3.17%	2.31%	2.66%	7.77%	7.39%	10.43%	23.16%
CSXRX Calvert US Large Cap Core Responsible Index Fund Class R6	4.94%	5.47%	1.83%	1.08%	1.28%	1.07%	0.97%	1.17%	4.40%	2.41%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CEYIX and CSXRX in my portfolio?

CEYIX and CSXRX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CEYIX or CSXRX?

CEYIX has higher volatility (5.38%) compared to CSXRX (2.97%). In terms of maximum drawdown, CEYIX dropped -50.45% vs CSXRX's -32.82%.

Which has better risk-adjusted returns?

CSXRX currently has the higher Sharpe Ratio (1.45 vs -0.55), 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.