CFICX vs. CRFIX

Last updated Jul 14, 2026

CFICX (Calvert Income Fund) and CRFIX (Calvert Focused Value Fund) are both mutual funds - CFICX is a Corporate Bonds fund managed by Calvert Research and Management, while CRFIX is a Large Cap Value Equities fund managed by Calvert Research and Management. At a 0.24 correlation, their price movements are largely independent. CFICX charges 0.92%/yr vs 0.74%/yr for CRFIX.

Performance

CFICX vs. CRFIX - Performance Comparison

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

Returns By Period

CFICX

• 1D: -0.13%
• 1M: -0.27%
• 6M: 0.12%
• YTD: 0.18%
• 1Y: 4.59%
• 3Y*: 6.20%
• 5Y*: 0.52%
• 10Y*: 2.72%

CRFIX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CFICX vs. CRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CFICX Calvert Income Fund	0.18%	8.94%	4.11%	7.61%	-5.94%
CRFIX Calvert Focused Value Fund	11.46%	13.26%	12.24%	8.84%	-1.34%

Correlation

The correlation between CFICX and CRFIX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022	0.24

Return for Risk

CFICX vs. CRFIX — Risk / Return Rank

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

CFICX

CFICX Risk / Return Rank: 27
CFICX Sharpe Ratio Rank: 29
CFICX Sortino Ratio Rank: 30
CFICX Omega Ratio Rank: 28
CFICX Calmar Ratio Rank: 24
CFICX Martin Ratio Rank: 24

CRFIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CFICX vs. CRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Income Fund (CFICX) 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.

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.

	CFICX	CRFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.17	—	—
Sortino ratio: Return per unit of downside risk	1.75	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.38	—	—
Martin ratio: Return relative to average drawdown	4.30	—	—

Drawdowns

Drawdown Indicators

	CFICX	CRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-21.28%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-21.28%	—	—
Current Drawdown Current decline from peak	-1.48%	—	—
Average Drawdown Average peak-to-trough decline	-3.45%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	—	—

Volatility

Volatility by Period

	CFICX	CRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.66%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.65%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.22%	—	—

CFICX vs. CRFIX - Expense Ratio Comparison

CFICX has a 0.92% expense ratio, which is higher than CRFIX's 0.74% expense ratio.

Dividends

CFICX vs. CRFIX - Dividend Comparison

CFICX's dividend yield for the trailing twelve months is around 4.75%, less than CRFIX's 5.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFICX Calvert Income Fund	4.75%	4.86%	4.91%	4.05%	3.22%	2.70%	2.96%	3.25%	3.60%	2.96%	3.23%	2.87%
CRFIX Calvert Focused Value Fund	5.18%	5.77%	4.37%	1.02%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CFICX and CRFIX in my portfolio?

CFICX and CRFIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.