CIVVX vs. CEMIX
Compare and contrast key facts about Causeway International Value Fund (CIVVX) and Causeway Emerging Markets Fund (CEMIX).
CIVVX is managed by Causeway. It was launched on Oct 25, 2001. CEMIX is managed by Causeway. It was launched on Mar 28, 2007.
Performance
CIVVX vs. CEMIX - Performance Comparison
Loading graphics...
CIVVX vs. CEMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CIVVX Causeway International Value Fund | -7.05% | 38.72% | 3.46% | 26.99% | -6.99% | 8.86% | 5.16% | 19.81% | -18.83% | 27.09% |
CEMIX Causeway Emerging Markets Fund | 1.94% | 36.22% | 14.90% | 17.13% | -23.05% | -0.83% | 16.95% | 16.73% | -17.91% | 39.79% |
Returns By Period
In the year-to-date period, CIVVX achieves a -7.05% return, which is significantly lower than CEMIX's 1.94% return. Both investments have delivered pretty close results over the past 10 years, with CIVVX having a 9.03% annualized return and CEMIX not far behind at 8.99%.
CIVVX
- 1D
- 0.75%
- 1M
- -15.11%
- YTD
- -7.05%
- 6M
- 0.46%
- 1Y
- 17.17%
- 3Y*
- 14.08%
- 5Y*
- 9.93%
- 10Y*
- 9.03%
CEMIX
- 1D
- -2.64%
- 1M
- -12.74%
- YTD
- 1.94%
- 6M
- 8.30%
- 1Y
- 37.97%
- 3Y*
- 21.19%
- 5Y*
- 6.32%
- 10Y*
- 8.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CIVVX vs. CEMIX - Expense Ratio Comparison
Both CIVVX and CEMIX have an expense ratio of 1.10%.
Return for Risk
CIVVX vs. CEMIX — Risk / Return Rank
CIVVX
CEMIX
CIVVX vs. CEMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Causeway International Value Fund (CIVVX) and Causeway Emerging Markets Fund (CEMIX). 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.
| CIVVX | CEMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.89 | -1.06 |
Sortino ratioReturn per unit of downside risk | 1.22 | 2.43 | -1.21 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.35 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.89 | 2.55 | -1.66 |
Martin ratioReturn relative to average drawdown | 3.42 | 9.76 | -6.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CIVVX | CEMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.89 | -1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.37 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.50 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.27 | +0.11 |
Correlation
The correlation between CIVVX and CEMIX is 0.71, 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.
Dividends
CIVVX vs. CEMIX - Dividend Comparison
CIVVX's dividend yield for the trailing twelve months is around 10.32%, more than CEMIX's 2.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIVVX Causeway International Value Fund | 10.32% | 9.59% | 9.07% | 3.39% | 1.54% | 1.60% | 1.11% | 4.41% | 3.31% | 1.73% | 1.69% | 1.70% |
CEMIX Causeway Emerging Markets Fund | 2.45% | 2.49% | 3.73% | 4.85% | 4.87% | 23.35% | 1.36% | 2.03% | 2.01% | 1.58% | 1.55% | 1.69% |
Drawdowns
CIVVX vs. CEMIX - Drawdown Comparison
The maximum CIVVX drawdown since its inception was -61.07%, smaller than the maximum CEMIX drawdown of -68.90%. Use the drawdown chart below to compare losses from any high point for CIVVX and CEMIX.
Loading graphics...
Drawdown Indicators
| CIVVX | CEMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.07% | -68.90% | +7.83% |
Max Drawdown (1Y)Largest decline over 1 year | -16.20% | -13.61% | -2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -28.60% | -36.63% | +8.03% |
Max Drawdown (10Y)Largest decline over 10 years | -45.13% | -39.59% | -5.54% |
Current DrawdownCurrent decline from peak | -15.38% | -13.61% | -1.77% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -15.91% | +4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 3.57% | +0.64% |
Volatility
CIVVX vs. CEMIX - Volatility Comparison
The current volatility for Causeway International Value Fund (CIVVX) is 8.05%, while Causeway Emerging Markets Fund (CEMIX) has a volatility of 9.52%. This indicates that CIVVX experiences smaller price fluctuations and is considered to be less risky than CEMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CIVVX | CEMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.05% | 9.52% | -1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 12.09% | 14.92% | -2.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.74% | 19.54% | -0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.82% | 17.09% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.23% | 18.11% | +1.12% |