CFWAX vs. PGJZX
Compare and contrast key facts about Calvert Global Water Fund (CFWAX) and PGIM Jennison Global Infrastructure Fund (PGJZX).
CFWAX is managed by Calvert Research and Management. It was launched on Sep 29, 2008. PGJZX is managed by PGIM. It was launched on Sep 24, 2013.
Performance
CFWAX vs. PGJZX - Performance Comparison
Loading graphics...
CFWAX vs. PGJZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFWAX Calvert Global Water Fund | 0.82% | 14.38% | 3.91% | 18.34% | -19.63% | 22.59% | 14.79% | 28.02% | -13.63% | 18.88% |
PGJZX PGIM Jennison Global Infrastructure Fund | 8.87% | 18.41% | 17.13% | 5.85% | -7.82% | 15.06% | 1.98% | 28.89% | -8.57% | 18.81% |
Returns By Period
In the year-to-date period, CFWAX achieves a 0.82% return, which is significantly lower than PGJZX's 8.87% return. Over the past 10 years, CFWAX has underperformed PGJZX with an annualized return of 8.68%, while PGJZX has yielded a comparatively higher 9.59% annualized return.
CFWAX
- 1D
- 2.22%
- 1M
- -8.15%
- YTD
- 0.82%
- 6M
- 0.15%
- 1Y
- 14.55%
- 3Y*
- 9.57%
- 5Y*
- 5.32%
- 10Y*
- 8.68%
PGJZX
- 1D
- 1.00%
- 1M
- -3.65%
- YTD
- 8.87%
- 6M
- 10.30%
- 1Y
- 23.38%
- 3Y*
- 16.26%
- 5Y*
- 11.00%
- 10Y*
- 9.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CFWAX vs. PGJZX - Expense Ratio Comparison
CFWAX has a 1.24% expense ratio, which is higher than PGJZX's 1.17% expense ratio.
Return for Risk
CFWAX vs. PGJZX — Risk / Return Rank
CFWAX
PGJZX
CFWAX vs. PGJZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Global Water Fund (CFWAX) and PGIM Jennison Global Infrastructure Fund (PGJZX). 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.
| CFWAX | PGJZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.92 | -0.95 |
Sortino ratioReturn per unit of downside risk | 1.46 | 2.47 | -1.01 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.38 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.15 | 3.11 | -1.96 |
Martin ratioReturn relative to average drawdown | 4.32 | 12.57 | -8.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CFWAX | PGJZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.92 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.78 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.61 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.55 | -0.16 |
Correlation
The correlation between CFWAX and PGJZX is 0.75, 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
CFWAX vs. PGJZX - Dividend Comparison
CFWAX's dividend yield for the trailing twelve months is around 4.73%, less than PGJZX's 6.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFWAX Calvert Global Water Fund | 4.73% | 4.77% | 9.25% | 2.57% | 1.47% | 0.93% | 0.77% | 0.83% | 1.30% | 0.93% | 0.00% | 0.03% |
PGJZX PGIM Jennison Global Infrastructure Fund | 6.60% | 7.18% | 9.95% | 1.59% | 3.30% | 7.77% | 1.17% | 1.58% | 2.13% | 1.35% | 1.71% | 1.42% |
Drawdowns
CFWAX vs. PGJZX - Drawdown Comparison
The maximum CFWAX drawdown since its inception was -39.67%, which is greater than PGJZX's maximum drawdown of -36.64%. Use the drawdown chart below to compare losses from any high point for CFWAX and PGJZX.
Loading graphics...
Drawdown Indicators
| CFWAX | PGJZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.67% | -36.64% | -3.03% |
Max Drawdown (1Y)Largest decline over 1 year | -12.79% | -7.74% | -5.05% |
Max Drawdown (5Y)Largest decline over 5 years | -29.17% | -20.56% | -8.61% |
Max Drawdown (10Y)Largest decline over 10 years | -36.25% | -36.64% | +0.39% |
Current DrawdownCurrent decline from peak | -10.01% | -4.13% | -5.88% |
Average DrawdownAverage peak-to-trough decline | -7.98% | -5.66% | -2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 1.91% | +1.49% |
Volatility
CFWAX vs. PGJZX - Volatility Comparison
Calvert Global Water Fund (CFWAX) has a higher volatility of 5.98% compared to PGIM Jennison Global Infrastructure Fund (PGJZX) at 4.65%. This indicates that CFWAX's price experiences larger fluctuations and is considered to be riskier than PGJZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CFWAX | PGJZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 4.65% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 9.86% | 7.49% | +2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 12.49% | +3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 14.22% | +1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.87% | 15.73% | +1.14% |