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CLDAX vs. TCPYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CLDAX vs. TCPYX - Performance Comparison

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

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CLDAX vs. TCPYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CLDAX
Calvert Core Bond Fund
-0.96%7.27%1.39%5.04%-13.48%-2.30%14.56%20.77%-5.73%9.47%
TCPYX
Touchstone Impact Bond Fund
0.09%6.75%1.77%5.32%-13.07%-1.01%6.72%7.91%0.16%3.94%

Returns By Period

In the year-to-date period, CLDAX achieves a -0.96% return, which is significantly lower than TCPYX's 0.09% return. Over the past 10 years, CLDAX has outperformed TCPYX with an annualized return of 3.23%, while TCPYX has yielded a comparatively lower 1.67% annualized return.


CLDAX

1D
0.51%
1M
-2.55%
YTD
-0.96%
6M
0.08%
1Y
3.49%
3Y*
3.08%
5Y*
-0.14%
10Y*
3.23%

TCPYX

1D
0.55%
1M
-1.93%
YTD
0.09%
6M
1.23%
1Y
4.19%
3Y*
3.67%
5Y*
0.31%
10Y*
1.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CLDAX vs. TCPYX - Expense Ratio Comparison

CLDAX has a 0.74% expense ratio, which is higher than TCPYX's 0.51% expense ratio.


Return for Risk

CLDAX vs. TCPYX — Risk / Return Rank

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

CLDAX
CLDAX Risk / Return Rank: 4747
Overall Rank
CLDAX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
CLDAX Sortino Ratio Rank: 4646
Sortino Ratio Rank
CLDAX Omega Ratio Rank: 3333
Omega Ratio Rank
CLDAX Calmar Ratio Rank: 6363
Calmar Ratio Rank
CLDAX Martin Ratio Rank: 4545
Martin Ratio Rank

TCPYX
TCPYX Risk / Return Rank: 5050
Overall Rank
TCPYX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
TCPYX Sortino Ratio Rank: 4848
Sortino Ratio Rank
TCPYX Omega Ratio Rank: 3535
Omega Ratio Rank
TCPYX Calmar Ratio Rank: 7373
Calmar Ratio Rank
TCPYX Martin Ratio Rank: 4646
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.

CLDAX vs. TCPYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Core Bond Fund (CLDAX) and Touchstone Impact Bond Fund (TCPYX). 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.


CLDAXTCPYXDifference

Sharpe ratio

Return per unit of total volatility

0.94

0.96

-0.02

Sortino ratio

Return per unit of downside risk

1.35

1.40

-0.04

Omega ratio

Gain probability vs. loss probability

1.17

1.17

-0.01

Calmar ratio

Return relative to maximum drawdown

1.47

1.70

-0.23

Martin ratio

Return relative to average drawdown

4.61

4.70

-0.10

CLDAX vs. TCPYX - Sharpe Ratio Comparison

The current CLDAX Sharpe Ratio is 0.94, which is comparable to the TCPYX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of CLDAX and TCPYX, 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


CLDAXTCPYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

0.96

-0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.03

0.05

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.35

+0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.69

+0.13

Correlation

The correlation between CLDAX and TCPYX is 0.86, 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

CLDAX vs. TCPYX - Dividend Comparison

CLDAX's dividend yield for the trailing twelve months is around 3.91%, which matches TCPYX's 3.90% yield.


TTM20252024202320222021202020192018201720162015
CLDAX
Calvert Core Bond Fund
3.91%4.24%4.16%3.17%1.80%6.08%5.22%3.04%3.63%3.02%7.02%2.85%
TCPYX
Touchstone Impact Bond Fund
3.90%3.52%3.68%3.22%2.63%1.91%2.13%2.63%2.86%2.77%2.98%2.91%

Drawdowns

CLDAX vs. TCPYX - Drawdown Comparison

The maximum CLDAX drawdown since its inception was -18.88%, roughly equal to the maximum TCPYX drawdown of -18.12%. Use the drawdown chart below to compare losses from any high point for CLDAX and TCPYX.


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Drawdown Indicators


CLDAXTCPYXDifference

Max Drawdown

Largest peak-to-trough decline

-18.88%

-18.12%

-0.76%

Max Drawdown (1Y)

Largest decline over 1 year

-3.04%

-2.94%

-0.10%

Max Drawdown (5Y)

Largest decline over 5 years

-18.21%

-18.12%

-0.09%

Max Drawdown (10Y)

Largest decline over 10 years

-18.88%

-18.12%

-0.76%

Current Drawdown

Current decline from peak

-4.35%

-2.41%

-1.94%

Average Drawdown

Average peak-to-trough decline

-3.92%

-3.23%

-0.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

1.06%

-0.09%

Volatility

CLDAX vs. TCPYX - Volatility Comparison

Calvert Core Bond Fund (CLDAX) and Touchstone Impact Bond Fund (TCPYX) have volatilities of 1.61% and 1.54%, 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


CLDAXTCPYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.61%

1.54%

+0.07%

Volatility (6M)

Calculated over the trailing 6-month period

2.56%

2.63%

-0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

4.27%

4.49%

-0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.59%

5.88%

-0.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.85%

4.83%

+2.02%