CFJIX vs. CSIFX

Last updated Jun 5, 2026

CFJIX (Calvert US Large-Cap Value Responsible Index Fund) and CSIFX (Calvert Balanced Fund) are both mutual funds - CFJIX is a Large Cap Value Equities fund managed by Calvert Research and Management, while CSIFX is a Diversified Portfolio fund managed by Calvert Research and Management. Over the past 10 years, CFJIX returned 11.83%/yr vs 9.50%/yr for CSIFX. A 0.78 correlation means they provide meaningful diversification when combined. CFJIX charges 0.24%/yr vs 0.91%/yr for CSIFX.

Performance

CFJIX vs. CSIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert US Large-Cap Value Responsible Index Fund (CFJIX) and Calvert Balanced Fund (CSIFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CFJIX achieves a 15.01% return, which is significantly higher than CSIFX's 3.60% return. Over the past 10 years, CFJIX has outperformed CSIFX with an annualized return of 11.83%, while CSIFX has yielded a comparatively lower 9.50% annualized return.

CFJIX

• 1D: -0.05%
• 1M: 4.17%
• YTD: 15.01%
• 6M: 16.31%
• 1Y: 30.55%
• 3Y*: 19.71%
• 5Y*: 9.22%
• 10Y*: 11.83%

CSIFX

• 1D: -0.49%
• 1M: 1.60%
• YTD: 3.60%
• 6M: 3.34%
• 1Y: 13.56%
• 3Y*: 14.38%
• 5Y*: 7.72%
• 10Y*: 9.50%

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

CFJIX vs. CSIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CFJIX Calvert US Large-Cap Value Responsible Index Fund	15.01%	16.76%	14.63%	9.86%	-11.70%	24.40%	9.06%	29.36%	-10.08%	15.17%
CSIFX Calvert Balanced Fund	3.60%	11.32%	18.96%	16.35%	-15.33%	14.30%	15.43%	23.71%	-2.75%	10.72%

Correlation

The correlation between CFJIX and CSIFX is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.78

The correlation between CFJIX and CSIFX shifts across timeframes, from 0.65 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CFJIX vs. CSIFX — Risk / Return Rank

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

CFJIX

CFJIX Risk / Return Rank: 67
CFJIX Sharpe Ratio Rank: 66
CFJIX Sortino Ratio Rank: 68
CFJIX Omega Ratio Rank: 57
CFJIX Calmar Ratio Rank: 74
CFJIX Martin Ratio Rank: 67

CSIFX

CSIFX Risk / Return Rank: 32
CSIFX Sharpe Ratio Rank: 34
CSIFX Sortino Ratio Rank: 33
CSIFX Omega Ratio Rank: 33
CSIFX Calmar Ratio Rank: 24
CSIFX Martin Ratio Rank: 35

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.

CFJIX vs. CSIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert US Large-Cap Value Responsible Index Fund (CFJIX) and Calvert Balanced Fund (CSIFX). 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.

	CFJIX	CSIFX	Difference
Sharpe ratio: Return per unit of total volatility	2.37	1.65	+0.72
Sortino ratio: Return per unit of downside risk	3.43	2.37	+1.06
Omega ratio: Gain probability vs. loss probability	1.42	1.30	+0.12
Calmar ratio: Return relative to maximum drawdown	3.34	1.75	+1.59
Martin ratio: Return relative to average drawdown	12.98	7.61	+5.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CFJIX vs. CSIFX - Sharpe Ratio Comparison

The current CFJIX Sharpe Ratio is 2.37, which is higher than the CSIFX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of CFJIX and CSIFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CFJIX	CSIFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	1.65	+0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.71	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.86	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.70	-0.03

Drawdowns

CFJIX vs. CSIFX - Drawdown Comparison

The maximum CFJIX drawdown since its inception was -36.91%, roughly equal to the maximum CSIFX drawdown of -38.68%. Use the drawdown chart below to compare losses from any high point for CFJIX and CSIFX.

Drawdown Indicators

	CFJIX	CSIFX	Difference
Max Drawdown Largest peak-to-trough decline	-36.91%	-38.68%	+1.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.00%	-7.98%	-1.02%
Max Drawdown (3Y) Largest decline over 3 years	-16.60%	-11.86%	-4.74%
Max Drawdown (5Y) Largest decline over 5 years	-22.62%	-19.95%	-2.67%
Max Drawdown (10Y) Largest decline over 10 years	-36.91%	-23.77%	-13.14%
Current Drawdown Current decline from peak	-0.05%	-0.49%	+0.44%
Average Drawdown Average peak-to-trough decline	-5.10%	-5.30%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	1.83%	+0.48%

Volatility

CFJIX vs. CSIFX - Volatility Comparison

Calvert US Large-Cap Value Responsible Index Fund (CFJIX) has a higher volatility of 3.75% compared to Calvert Balanced Fund (CSIFX) at 2.39%. This indicates that CFJIX's price experiences larger fluctuations and is considered to be riskier than CSIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFJIX	CSIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	2.39%	+1.36%
Volatility (6M) Calculated over the trailing 6-month period	9.56%	6.74%	+2.82%
Volatility (1Y) Calculated over the trailing 1-year period	12.71%	8.47%	+4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	10.89%	+5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.99%	11.07%	+6.92%

CFJIX vs. CSIFX - Expense Ratio Comparison

CFJIX has a 0.24% expense ratio, which is lower than CSIFX's 0.91% expense ratio.

Dividends

CFJIX vs. CSIFX - Dividend Comparison

CFJIX's dividend yield for the trailing twelve months is around 7.96%, more than CSIFX's 4.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFJIX Calvert US Large-Cap Value Responsible Index Fund	7.96%	9.16%	6.31%	2.07%	2.02%	4.17%	1.88%	2.17%	4.87%	6.79%	2.28%	0.00%
CSIFX Calvert Balanced Fund	4.31%	4.76%	5.23%	2.37%	2.32%	7.61%	2.43%	3.45%	5.25%	7.41%	2.68%	12.56%

Frequently Asked Questions

Can I hold both CFJIX and CSIFX in my portfolio?

CFJIX and CSIFX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CFJIX or CSIFX?

CFJIX has higher volatility (3.75%) compared to CSIFX (2.39%). In terms of maximum drawdown, CFJIX dropped -36.91% vs CSIFX's -38.68%.

Which has better risk-adjusted returns?

CFJIX currently has the higher Sharpe Ratio (2.37 vs 1.65), 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.