CIHEX vs. CTRIX
Compare and contrast key facts about Calamos Hedged Equity Fund (CIHEX) and Calamos Total Return Bond Fund (CTRIX).
CIHEX is managed by Calamos. It was launched on Dec 30, 2014. CTRIX is managed by Calamos. It was launched on Jun 27, 2007.
Performance
CIHEX vs. CTRIX - Performance Comparison
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CIHEX vs. CTRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CIHEX Calamos Hedged Equity Fund | -3.54% | 11.36% | 14.96% | 15.88% | -11.11% | 13.31% | 9.66% | 14.47% | 0.87% | 8.37% |
CTRIX Calamos Total Return Bond Fund | -0.63% | 7.31% | 1.49% | 4.78% | -12.91% | -1.27% | 6.97% | 9.24% | -1.10% | 3.32% |
Returns By Period
In the year-to-date period, CIHEX achieves a -3.54% return, which is significantly lower than CTRIX's -0.63% return. Over the past 10 years, CIHEX has outperformed CTRIX with an annualized return of 7.62%, while CTRIX has yielded a comparatively lower 1.59% annualized return.
CIHEX
- 1D
- -0.16%
- 1M
- -3.74%
- YTD
- -3.54%
- 6M
- -1.87%
- 1Y
- 9.82%
- 3Y*
- 11.06%
- 5Y*
- 6.85%
- 10Y*
- 7.62%
CTRIX
- 1D
- 0.45%
- 1M
- -2.28%
- YTD
- -0.63%
- 6M
- 0.38%
- 1Y
- 3.87%
- 3Y*
- 3.32%
- 5Y*
- 0.13%
- 10Y*
- 1.59%
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CIHEX vs. CTRIX - Expense Ratio Comparison
CIHEX has a 0.91% expense ratio, which is higher than CTRIX's 0.65% expense ratio.
Return for Risk
CIHEX vs. CTRIX — Risk / Return Rank
CIHEX
CTRIX
CIHEX vs. CTRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Hedged Equity Fund (CIHEX) and Calamos Total Return Bond Fund (CTRIX). 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.
| CIHEX | CTRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.03 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.66 | 1.45 | +0.21 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.19 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.81 | -0.25 |
Martin ratioReturn relative to average drawdown | 7.09 | 5.48 | +1.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CIHEX | CTRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.03 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.02 | +0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.35 | +0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.50 | +0.23 |
Correlation
The correlation between CIHEX and CTRIX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
CIHEX vs. CTRIX - Dividend Comparison
CIHEX's dividend yield for the trailing twelve months is around 0.34%, less than CTRIX's 3.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIHEX Calamos Hedged Equity Fund | 0.34% | 0.33% | 0.46% | 0.69% | 0.73% | 0.44% | 1.03% | 0.99% | 3.16% | 0.85% | 1.29% | 1.69% |
CTRIX Calamos Total Return Bond Fund | 3.60% | 3.90% | 3.63% | 2.61% | 2.71% | 3.46% | 2.42% | 2.79% | 2.89% | 3.29% | 2.76% | 4.68% |
Drawdowns
CIHEX vs. CTRIX - Drawdown Comparison
The maximum CIHEX drawdown since its inception was -17.80%, roughly equal to the maximum CTRIX drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for CIHEX and CTRIX.
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Drawdown Indicators
| CIHEX | CTRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.80% | -17.84% | +0.04% |
Max Drawdown (1Y)Largest decline over 1 year | -5.82% | -2.71% | -3.11% |
Max Drawdown (5Y)Largest decline over 5 years | -15.77% | -17.84% | +2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -17.80% | -17.84% | +0.04% |
Current DrawdownCurrent decline from peak | -4.68% | -2.63% | -2.05% |
Average DrawdownAverage peak-to-trough decline | -2.34% | -3.04% | +0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 0.90% | +0.39% |
Volatility
CIHEX vs. CTRIX - Volatility Comparison
Calamos Hedged Equity Fund (CIHEX) has a higher volatility of 2.12% compared to Calamos Total Return Bond Fund (CTRIX) at 1.64%. This indicates that CIHEX's price experiences larger fluctuations and is considered to be riskier than CTRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CIHEX | CTRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 1.64% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 4.79% | 2.52% | +2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.19% | 4.35% | +4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.10% | 5.51% | +3.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.36% | 4.57% | +4.79% |