CGJIX vs. CUTAX
Compare and contrast key facts about Calvert US Large-Cap Growth Responsible Index Fund (CGJIX) and Six Circles Tax Aware Ultra Short Duration Fund (CUTAX).
CGJIX is managed by Calvert Research and Management. It was launched on Jun 19, 2015. CUTAX is managed by Six Circles. It was launched on Jul 8, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGJIX or CUTAX.
Key characteristics
| CGJIX | CUTAX | |
|---|---|---|
| YTD Return | 28.58% | 3.33% |
| 1Y Return | 37.16% | 4.31% |
| 3Y Return (Ann) | 8.60% | 2.23% |
| 5Y Return (Ann) | 17.83% | 1.74% |
| Sharpe Ratio | 2.70 | 6.45 |
| Sortino Ratio | 3.52 | 18.89 |
| Omega Ratio | 1.50 | 8.72 |
| Calmar Ratio | 3.83 | 42.79 |
| Martin Ratio | 16.26 | 171.81 |
| Ulcer Index | 2.46% | 0.03% |
| Daily Std Dev | 14.81% | 0.68% |
| Max Drawdown | -31.73% | -1.51% |
| Current Drawdown | -0.37% | 0.00% |
Correlation
The correlation between CGJIX and CUTAX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CGJIX vs. CUTAX - Performance Comparison
In the year-to-date period, CGJIX achieves a 28.58% return, which is significantly higher than CUTAX's 3.33% 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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CGJIX vs. CUTAX - Expense Ratio Comparison
CGJIX has a 0.24% expense ratio, which is higher than CUTAX's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
CGJIX vs. CUTAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert US Large-Cap Growth Responsible Index Fund (CGJIX) and Six Circles Tax Aware Ultra Short Duration Fund (CUTAX). 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
CGJIX vs. CUTAX - Dividend Comparison
CGJIX's dividend yield for the trailing twelve months is around 0.41%, less than CUTAX's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGJIX Calvert US Large-Cap Growth Responsible Index Fund | 0.41% | 0.53% | 0.51% | 0.39% | 0.51% | 0.74% | 1.02% | 0.87% | 1.14% | 0.29% |
CUTAX Six Circles Tax Aware Ultra Short Duration Fund | 3.40% | 2.86% | 1.48% | 0.53% | 1.38% | 1.94% | 0.61% | 0.00% | 0.00% | 0.00% |
Drawdowns
CGJIX vs. CUTAX - Drawdown Comparison
The maximum CGJIX drawdown since its inception was -31.73%, which is greater than CUTAX's maximum drawdown of -1.51%. Use the drawdown chart below to compare losses from any high point for CGJIX and CUTAX. For additional features, visit the drawdowns tool.
Volatility
CGJIX vs. CUTAX - Volatility Comparison
Calvert US Large-Cap Growth Responsible Index Fund (CGJIX) has a higher volatility of 4.24% compared to Six Circles Tax Aware Ultra Short Duration Fund (CUTAX) at 0.20%. This indicates that CGJIX's price experiences larger fluctuations and is considered to be riskier than CUTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.