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CHY vs. CVGRX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CHY vs. CVGRX - 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 Growth Fund (CVGRX). The values are adjusted to include any dividend payments, if applicable.

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CHY vs. CVGRX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CHY
Calamos Convertible and High Income Closed Fund
0.11%3.97%17.24%20.78%-28.05%22.17%36.75%32.63%-12.60%24.44%
CVGRX
Calamos Growth Fund
-10.05%16.08%32.32%37.64%-33.33%23.06%32.97%31.11%-6.14%26.58%

Returns By Period

In the year-to-date period, CHY achieves a 0.11% return, which is significantly higher than CVGRX's -10.05% return. Over the past 10 years, CHY has underperformed CVGRX with an annualized return of 11.10%, while CVGRX has yielded a comparatively higher 12.57% annualized return.


CHY

1D
2.20%
1M
-6.43%
YTD
0.11%
6M
4.58%
1Y
21.96%
3Y*
11.89%
5Y*
3.93%
10Y*
11.10%

CVGRX

1D
4.19%
1M
-5.84%
YTD
-10.05%
6M
-8.90%
1Y
15.95%
3Y*
19.12%
5Y*
8.26%
10Y*
12.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CHY vs. CVGRX - Expense Ratio Comparison

CHY has a 2.64% expense ratio, which is higher than CVGRX's 1.28% expense ratio.


Return for Risk

CHY vs. CVGRX — Risk / Return Rank

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

CHY
CHY Risk / Return Rank: 7272
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: 7878
Calmar Ratio Rank
CHY Martin Ratio Rank: 8686
Martin Ratio Rank

CVGRX
CVGRX Risk / Return Rank: 3131
Overall Rank
CVGRX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
CVGRX Sortino Ratio Rank: 3232
Sortino Ratio Rank
CVGRX Omega Ratio Rank: 3030
Omega Ratio Rank
CVGRX Calmar Ratio Rank: 3434
Calmar Ratio Rank
CVGRX Martin Ratio Rank: 3333
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. CVGRX - 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 Growth Fund (CVGRX). 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.


CHYCVGRXDifference

Sharpe ratio

Return per unit of total volatility

1.27

0.74

+0.53

Sortino ratio

Return per unit of downside risk

1.80

1.23

+0.57

Omega ratio

Gain probability vs. loss probability

1.26

1.17

+0.09

Calmar ratio

Return relative to maximum drawdown

2.00

1.06

+0.94

Martin ratio

Return relative to average drawdown

9.39

3.97

+5.42

CHY vs. CVGRX - Sharpe Ratio Comparison

The current CHY Sharpe Ratio is 1.27, which is higher than the CVGRX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of CHY and CVGRX, 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


CHYCVGRXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.27

0.74

+0.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

0.38

-0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.48

0.59

-0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.49

-0.12

Correlation

The correlation between CHY and CVGRX is 0.49, 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. CVGRX - Dividend Comparison

CHY's dividend yield for the trailing twelve months is around 10.78%, more than CVGRX's 9.80% yield.


TTM20252024202320222021202020192018201720162015
CHY
Calamos Convertible and High Income Closed Fund
10.78%10.61%9.88%10.46%11.37%7.42%7.14%8.72%12.13%10.13%11.37%11.42%
CVGRX
Calamos Growth Fund
9.80%8.81%6.66%4.48%0.00%12.17%11.25%9.71%16.86%13.75%4.12%35.24%

Drawdowns

CHY vs. CVGRX - Drawdown Comparison

The maximum CHY drawdown since its inception was -60.53%, roughly equal to the maximum CVGRX drawdown of -61.65%. Use the drawdown chart below to compare losses from any high point for CHY and CVGRX.


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Drawdown Indicators


CHYCVGRXDifference

Max Drawdown

Largest peak-to-trough decline

-60.53%

-61.65%

+1.12%

Max Drawdown (1Y)

Largest decline over 1 year

-11.42%

-16.00%

+4.58%

Max Drawdown (5Y)

Largest decline over 5 years

-35.99%

-37.43%

+1.44%

Max Drawdown (10Y)

Largest decline over 10 years

-50.41%

-37.43%

-12.98%

Current Drawdown

Current decline from peak

-6.90%

-12.48%

+5.58%

Average Drawdown

Average peak-to-trough decline

-9.16%

-11.55%

+2.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.43%

4.25%

-1.82%

Volatility

CHY vs. CVGRX - Volatility Comparison

Calamos Convertible and High Income Closed Fund (CHY) and Calamos Growth Fund (CVGRX) have volatilities of 8.04% and 7.78%, 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


CHYCVGRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.04%

7.78%

+0.26%

Volatility (6M)

Calculated over the trailing 6-month period

12.12%

13.33%

-1.21%

Volatility (1Y)

Calculated over the trailing 1-year period

17.36%

22.72%

-5.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.17%

21.87%

-2.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.14%

21.54%

+1.60%