CGAEX vs. FITLX
Compare and contrast key facts about Calvert Global Energy Solutions Fund Class A (CGAEX) and Fidelity US Sustainability Index Fund (FITLX).
CGAEX is managed by Calvert Research and Management. It was launched on May 31, 2007. FITLX is managed by Fidelity. It was launched on May 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGAEX or FITLX.
Key characteristics
| CGAEX | FITLX | |
|---|---|---|
| YTD Return | 0.44% | 11.95% |
| 1Y Return | -1.30% | 30.52% |
| 3Y Return (Ann) | -2.19% | 10.96% |
| 5Y Return (Ann) | 12.02% | 15.55% |
| Sharpe Ratio | -0.09 | 2.53 |
| Daily Std Dev | 17.19% | 12.58% |
| Max Drawdown | -76.26% | -34.35% |
| Current Drawdown | -35.95% | -0.21% |
Correlation
The correlation between CGAEX and FITLX is 0.81, 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.
Performance
CGAEX vs. FITLX - Performance Comparison
In the year-to-date period, CGAEX achieves a 0.44% return, which is significantly lower than FITLX's 11.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CGAEX vs. FITLX - Expense Ratio Comparison
CGAEX has a 1.24% expense ratio, which is higher than FITLX's 0.11% expense ratio.
Risk-Adjusted Performance
CGAEX vs. FITLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Global Energy Solutions Fund Class A (CGAEX) and Fidelity US Sustainability Index Fund (FITLX). 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.
Dividends
CGAEX vs. FITLX - Dividend Comparison
CGAEX's dividend yield for the trailing twelve months is around 0.83%, less than FITLX's 1.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGAEX Calvert Global Energy Solutions Fund Class A | 0.83% | 0.83% | 0.65% | 0.26% | 0.66% | 1.01% | 1.69% | 1.19% | 1.06% | 0.20% |
FITLX Fidelity US Sustainability Index Fund | 1.00% | 1.12% | 1.49% | 0.99% | 1.01% | 1.41% | 1.58% | 0.76% | 0.00% | 0.00% |
Drawdowns
CGAEX vs. FITLX - Drawdown Comparison
The maximum CGAEX drawdown since its inception was -76.26%, which is greater than FITLX's maximum drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for CGAEX and FITLX. For additional features, visit the drawdowns tool.
Volatility
CGAEX vs. FITLX - Volatility Comparison
Calvert Global Energy Solutions Fund Class A (CGAEX) has a higher volatility of 4.11% compared to Fidelity US Sustainability Index Fund (FITLX) at 3.66%. This indicates that CGAEX's price experiences larger fluctuations and is considered to be riskier than FITLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.