CFAIX vs. CRFIX

Last updated Apr 1, 2026

Compare and contrast key facts about Calvert Conservative Allocation Fund Class I (CFAIX) and Calvert Focused Value Fund (CRFIX).

CFAIX is managed by Calvert Research and Management. It was launched on May 20, 2016. CRFIX is managed by Calvert Research and Management. It was launched on Apr 28, 2022.

Performance

CFAIX vs. CRFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Conservative Allocation Fund Class I (CFAIX) and Calvert Focused Value Fund (CRFIX). The values are adjusted to include any dividend payments, if applicable.

CFAIX vs. CRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CFAIX Calvert Conservative Allocation Fund Class I	-2.69%	10.50%	6.65%	10.34%	-4.82%
CRFIX Calvert Focused Value Fund	-4.34%	13.26%	12.24%	8.84%	-1.34%

Returns By Period

In the year-to-date period, CFAIX achieves a -2.69% return, which is significantly higher than CRFIX's -4.34% return.

CFAIX

• 1D: 0.27%
• 1M: -4.75%
• YTD: -2.69%
• 6M: -0.88%
• 1Y: 6.39%
• 3Y*: 6.65%
• 5Y*: 2.99%
• 10Y*: —

CRFIX

• 1D: -0.85%
• 1M: -10.56%
• YTD: -4.34%
• 6M: 0.67%
• 1Y: 8.82%
• 3Y*: 9.83%
• 5Y*: —
• 10Y*: —

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

CFAIX vs. CRFIX - Expense Ratio Comparison

CFAIX has a 0.66% expense ratio, which is lower than CRFIX's 0.74% expense ratio.

CRFIX

Calvert Focused Value Fund

CFAIX

Calvert Conservative Allocation Fund Class I

Return for Risk

CFAIX vs. CRFIX — Risk / Return Rank

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

CFAIX

CFAIX Risk / Return Rank: 48
CFAIX Sharpe Ratio Rank: 50
CFAIX Sortino Ratio Rank: 46
CFAIX Omega Ratio Rank: 43
CFAIX Calmar Ratio Rank: 49
CFAIX Martin Ratio Rank: 50

CRFIX

CRFIX Risk / Return Rank: 23
CRFIX Sharpe Ratio Rank: 24
CRFIX Sortino Ratio Rank: 23
CRFIX Omega Ratio Rank: 23
CRFIX Calmar Ratio Rank: 23
CRFIX Martin Ratio Rank: 23

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.

CFAIX vs. CRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Conservative Allocation Fund Class I (CFAIX) and Calvert Focused Value Fund (CRFIX). 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.

	CFAIX	CRFIX	Difference
Sharpe ratio Return per unit of total volatility	0.98	0.59	+0.38
Sortino ratio Return per unit of downside risk	1.38	0.92	+0.46
Omega ratio Gain probability vs. loss probability	1.19	1.13	+0.06
Calmar ratio Return relative to maximum drawdown	1.22	0.69	+0.53
Martin ratio Return relative to average drawdown	4.96	2.51	+2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CFAIX vs. CRFIX - Sharpe Ratio Comparison

The current CFAIX Sharpe Ratio is 0.98, which is higher than the CRFIX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of CFAIX and CRFIX, 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

	CFAIX	CRFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.59	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.45	+0.32

Correlation

The correlation between CFAIX and CRFIX is 0.72, 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

CFAIX vs. CRFIX - Dividend Comparison

CFAIX's dividend yield for the trailing twelve months is around 3.62%, less than CRFIX's 6.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CFAIX Calvert Conservative Allocation Fund Class I	3.62%	3.56%	3.62%	3.48%	2.48%	5.55%	4.39%	4.38%	5.10%	2.39%
CRFIX Calvert Focused Value Fund	6.03%	5.77%	4.37%	1.02%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CFAIX vs. CRFIX - Drawdown Comparison

The maximum CFAIX drawdown since its inception was -18.74%, roughly equal to the maximum CRFIX drawdown of -18.29%. Use the drawdown chart below to compare losses from any high point for CFAIX and CRFIX.

Drawdown Indicators

	CFAIX	CRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.74%	-18.29%	-0.45%
Max Drawdown (1Y) Largest decline over 1 year	-5.08%	-12.21%	+7.13%
Max Drawdown (5Y) Largest decline over 5 years	-18.74%	—	—
Current Drawdown Current decline from peak	-4.75%	-11.97%	+7.22%
Average Drawdown Average peak-to-trough decline	-3.30%	-4.16%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	3.36%	-2.11%

Volatility

CFAIX vs. CRFIX - Volatility Comparison

The current volatility for Calvert Conservative Allocation Fund Class I (CFAIX) is 2.54%, while Calvert Focused Value Fund (CRFIX) has a volatility of 4.25%. This indicates that CFAIX experiences smaller price fluctuations and is considered to be less risky than CRFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFAIX	CRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.54%	4.25%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	3.99%	9.19%	-5.20%
Volatility (1Y) Calculated over the trailing 1-year period	6.71%	16.62%	-9.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.05%	15.69%	-8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.90%	15.69%	-8.79%