CGAEX vs. CAEIX
CGAEX (Calvert Global Energy Solutions Fund Class A) and CAEIX (Calvert Global Energy Solutions Fund) are both mutual funds - CGAEX is a Energy Equities fund managed by Calvert, while CAEIX is a Global Equities fund managed by Calvert. Over the past 10 years, CGAEX returned 10.65%/yr vs 10.96%/yr for CAEIX. Their 1.00 correlation means they have historically moved very closely together. CGAEX charges 1.24%/yr vs 0.99%/yr for CAEIX.
Performance
CGAEX vs. CAEIX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with CGAEX having a 11.20% return and CAEIX slightly higher at 11.37%. Both investments have delivered pretty close results over the past 10 years, with CGAEX having a 10.65% annualized return and CAEIX not far ahead at 10.96%.
CGAEX
- 1D
- -0.07%
- 1M
- -2.98%
- 6M
- 4.30%
- YTD
- 11.20%
- 1Y
- 24.96%
- 3Y*
- 8.61%
- 5Y*
- 3.58%
- 10Y*
- 10.65%
- ALL TIME*
- 0.72%
CAEIX
- 1D
- -0.13%
- 1M
- -2.99%
- 6M
- 4.43%
- YTD
- 11.37%
- 1Y
- 25.28%
- 3Y*
- 8.88%
- 5Y*
- 3.84%
- 10Y*
- 10.96%
- ALL TIME*
- 1.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CGAEX vs. CAEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGAEX Calvert Global Energy Solutions Fund Class A | 11.20% | 32.27% | -7.33% | 5.40% | -17.66% | 6.50% | 61.15% | 33.16% | -19.66% | 29.42% |
CAEIX Calvert Global Energy Solutions Fund | 11.37% | 32.61% | -7.13% | 5.67% | -17.43% | 6.73% | 61.52% | 33.48% | -19.26% | 29.65% |
Correlation
The correlation between CGAEX and CAEIX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | 1.00 |
Correlation (All Time) Calculated using the full available price history since May 31, 2007 | 1.00 |
The correlation between CGAEX and CAEIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
CGAEX vs. CAEIX — Risk / Return Rank
CGAEX
CAEIX
CGAEX vs. CAEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Global Energy Solutions Fund Class A (CGAEX) and Calvert Global Energy Solutions Fund (CAEIX). 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.
| CGAEX | CAEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 2.06 | -0.04 |
| Martin ratioReturn relative to average drawdown | 6.42 | 6.54 | -0.12 |
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Drawdowns
CGAEX vs. CAEIX - Drawdown Comparison
The maximum CGAEX drawdown since its inception was -76.34%, roughly equal to the maximum CAEIX drawdown of -75.81%. Use the drawdown chart below to compare losses from any high point for CGAEX and CAEIX.
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Drawdown Indicators
| CGAEX | CAEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.34% | -75.81% | -0.53% |
Max Drawdown (1Y)Largest decline over 1 year | -12.06% | -11.97% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -22.12% | -22.01% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -33.14% | -32.58% | -0.56% |
Max Drawdown (10Y)Largest decline over 10 years | -37.53% | -37.54% | +0.01% |
Current DrawdownCurrent decline from peak | -13.35% | -9.53% | -3.82% |
Average DrawdownAverage peak-to-trough decline | -50.29% | -48.27% | -2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 3.77% | +0.01% |
Volatility
CGAEX vs. CAEIX - Volatility Comparison
Calvert Global Energy Solutions Fund Class A (CGAEX) and Calvert Global Energy Solutions Fund (CAEIX) have volatilities of 5.20% and 5.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGAEX | CAEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 5.20% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 14.80% | 14.74% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.91% | 17.87% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 19.41% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.57% | 19.56% | +0.01% |
CGAEX vs. CAEIX - Expense Ratio Comparison
CGAEX has a 1.24% expense ratio, which is higher than CAEIX's 0.99% expense ratio.
Dividends
CGAEX vs. CAEIX - Dividend Comparison
CGAEX's dividend yield for the trailing twelve months is around 0.46%, less than CAEIX's 0.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAEIX Calvert Global Energy Solutions Fund | 0.65% | 0.72% | 1.17% | 1.07% | 0.86% | 0.49% | 0.82% | 1.23% | 2.00% | 1.40% | 1.79% | 0.72% |
CGAEX Calvert Global Energy Solutions Fund Class A | 0.46% | 0.51% | 0.91% | 0.83% | 0.65% | 0.26% | 0.66% | 1.01% | 1.69% | 1.19% | 1.06% | 0.20% |
Frequently Asked Questions
With a correlation of 1.00, CGAEX and CAEIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
CAEIX has higher volatility (5.20%) compared to CGAEX (5.20%). In terms of maximum drawdown, CGAEX dropped -76.34% vs CAEIX's -75.81%.
CAEIX currently has the higher Sharpe Ratio (1.38 vs 1.36), 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.
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