CLDAX vs. CRFIX

Last updated Jun 25, 2026

CLDAX (Calvert Core Bond Fund) and CRFIX (Calvert Focused Value Fund) are both mutual funds - CLDAX is a Intermediate Core Bond fund managed by Calvert Research and Management, while CRFIX is a Large Cap Value Equities fund managed by Calvert Research and Management. At a 0.16 correlation, their price movements are largely independent. Both charge a 0.74% expense ratio.

Performance

CLDAX vs. CRFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Core Bond Fund (CLDAX) and Calvert Focused Value Fund (CRFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CLDAX

• 1D: 0.13%
• 1M: 0.74%
• YTD: -0.24%
• 6M: -0.01%
• 1Y: 3.68%
• 3Y*: 3.66%
• 5Y*: -0.30%
• 10Y*: 2.93%

CRFIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CLDAX vs. CRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CLDAX Calvert Core Bond Fund	-0.24%	7.27%	1.39%	5.04%	-4.87%
CRFIX Calvert Focused Value Fund	11.46%	13.26%	12.24%	8.84%	-1.34%

Correlation

The correlation between CLDAX and CRFIX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022	0.16

Return for Risk

CLDAX vs. CRFIX — Risk / Return Rank

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

CLDAX

CLDAX Risk / Return Rank: 17
CLDAX Sharpe Ratio Rank: 18
CLDAX Sortino Ratio Rank: 17
CLDAX Omega Ratio Rank: 16
CLDAX Calmar Ratio Rank: 16
CLDAX Martin Ratio Rank: 15

CRFIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CLDAX vs. CRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Core Bond Fund (CLDAX) and Calvert Focused Value Fund (CRFIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CLDAX	CRFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.49	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.22	—	—
Martin ratio: Return relative to average drawdown	3.53	—	—

Drawdowns

Drawdown Indicators

	CLDAX	CRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.88%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.88%	—	—
Current Drawdown Current decline from peak	-3.65%	—	—
Average Drawdown Average peak-to-trough decline	-3.91%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	—	—

Volatility

Volatility by Period

	CLDAX	CRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.93%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.66%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.81%	—	—

CLDAX vs. CRFIX - Expense Ratio Comparison

Both CLDAX and CRFIX have an expense ratio of 0.74%.

Dividends

CLDAX vs. CRFIX - Dividend Comparison

CLDAX's dividend yield for the trailing twelve months is around 4.24%, less than CRFIX's 5.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLDAX Calvert Core Bond Fund	4.24%	4.24%	4.16%	3.17%	1.80%	6.08%	5.22%	3.04%	3.63%	3.02%	7.02%	2.85%
CRFIX Calvert Focused Value Fund	5.18%	5.77%	4.37%	1.02%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CLDAX and CRFIX in my portfolio?

CLDAX and CRFIX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.