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CHY vs. CNWIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CHY vs. CNWIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Convertible and High Income Closed Fund (CHY) and Calamos Evolving World Growth Fund Class I (CNWIX). The values are adjusted to include any dividend payments, if applicable.

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CHY vs. CNWIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CHY
Calamos Convertible and High Income Closed Fund
-2.05%3.97%17.24%20.78%-28.05%22.17%36.75%32.63%-12.60%24.44%
CNWIX
Calamos Evolving World Growth Fund Class I
4.79%19.29%14.99%6.60%-24.35%-4.70%54.23%20.76%-17.74%36.97%

Returns By Period

In the year-to-date period, CHY achieves a -2.05% return, which is significantly lower than CNWIX's 4.79% return. Over the past 10 years, CHY has outperformed CNWIX with an annualized return of 10.86%, while CNWIX has yielded a comparatively lower 8.36% annualized return.


CHY

1D
2.83%
1M
-8.38%
YTD
-2.05%
6M
2.23%
1Y
20.16%
3Y*
11.08%
5Y*
3.48%
10Y*
10.86%

CNWIX

1D
-2.00%
1M
-16.05%
YTD
4.79%
6M
3.82%
1Y
27.65%
3Y*
13.45%
5Y*
2.05%
10Y*
8.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CHY vs. CNWIX - Expense Ratio Comparison

CHY has a 2.64% expense ratio, which is higher than CNWIX's 1.05% expense ratio.


Return for Risk

CHY vs. CNWIX — Risk / Return Rank

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

CHY
CHY Risk / Return Rank: 6969
Overall Rank
CHY Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
CHY Sortino Ratio Rank: 6767
Sortino Ratio Rank
CHY Omega Ratio Rank: 6363
Omega Ratio Rank
CHY Calmar Ratio Rank: 7171
Calmar Ratio Rank
CHY Martin Ratio Rank: 8080
Martin Ratio Rank

CNWIX
CNWIX Risk / Return Rank: 7070
Overall Rank
CNWIX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
CNWIX Sortino Ratio Rank: 7272
Sortino Ratio Rank
CNWIX Omega Ratio Rank: 7070
Omega Ratio Rank
CNWIX Calmar Ratio Rank: 6868
Calmar Ratio Rank
CNWIX Martin Ratio Rank: 6464
Martin Ratio Rank
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.

CHY vs. CNWIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Convertible and High Income Closed Fund (CHY) and Calamos Evolving World Growth Fund Class I (CNWIX). 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.


CHYCNWIXDifference

Sharpe ratio

Return per unit of total volatility

1.18

1.36

-0.19

Sortino ratio

Return per unit of downside risk

1.67

1.78

-0.10

Omega ratio

Gain probability vs. loss probability

1.24

1.26

-0.02

Calmar ratio

Return relative to maximum drawdown

1.62

1.55

+0.07

Martin ratio

Return relative to average drawdown

7.75

6.05

+1.70

CHY vs. CNWIX - Sharpe Ratio Comparison

The current CHY Sharpe Ratio is 1.18, which is comparable to the CNWIX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of CHY and CNWIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CHYCNWIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.18

1.36

-0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.18

0.12

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.35

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.27

+0.10

Correlation

The correlation between CHY and CNWIX is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

CHY vs. CNWIX - Dividend Comparison

CHY's dividend yield for the trailing twelve months is around 11.02%, more than CNWIX's 0.06% yield.


TTM20252024202320222021202020192018201720162015
CHY
Calamos Convertible and High Income Closed Fund
11.02%10.61%9.88%10.46%11.37%7.42%7.14%8.72%12.13%10.13%11.37%11.42%
CNWIX
Calamos Evolving World Growth Fund Class I
0.06%0.06%0.00%0.54%0.97%2.79%2.01%1.04%0.00%0.42%0.00%0.38%

Drawdowns

CHY vs. CNWIX - Drawdown Comparison

The maximum CHY drawdown since its inception was -60.53%, which is greater than CNWIX's maximum drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for CHY and CNWIX.


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Drawdown Indicators


CHYCNWIXDifference

Max Drawdown

Largest peak-to-trough decline

-60.53%

-43.57%

-16.96%

Max Drawdown (1Y)

Largest decline over 1 year

-11.42%

-16.28%

+4.86%

Max Drawdown (5Y)

Largest decline over 5 years

-35.99%

-37.47%

+1.48%

Max Drawdown (10Y)

Largest decline over 10 years

-50.41%

-43.57%

-6.84%

Current Drawdown

Current decline from peak

-8.91%

-16.28%

+7.37%

Average Drawdown

Average peak-to-trough decline

-9.16%

-16.56%

+7.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.39%

4.17%

-1.78%

Volatility

CHY vs. CNWIX - Volatility Comparison

The current volatility for Calamos Convertible and High Income Closed Fund (CHY) is 7.72%, while Calamos Evolving World Growth Fund Class I (CNWIX) has a volatility of 10.65%. This indicates that CHY experiences smaller price fluctuations and is considered to be less risky than CNWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CHYCNWIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.72%

10.65%

-2.93%

Volatility (6M)

Calculated over the trailing 6-month period

11.93%

16.88%

-4.95%

Volatility (1Y)

Calculated over the trailing 1-year period

17.29%

20.17%

-2.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.15%

17.53%

+1.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.13%

24.07%

-0.94%