CLMT vs. CRF

Last updated Apr 2, 2026

Compare and contrast key facts about Calumet Specialty Products Partners, L.P. (CLMT) and Cornerstone Total Return Fund, Inc. (CRF).

CRF is managed by Cornerstone. It was launched on Jan 2, 1990.

Performance

CLMT vs. CRF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calumet Specialty Products Partners, L.P. (CLMT) and Cornerstone Total Return Fund, Inc. (CRF). The values are adjusted to include any dividend payments, if applicable.

CLMT vs. CRF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CLMT Calumet Specialty Products Partners, L.P.	74.08%	-9.76%	29.76%
CRF Cornerstone Total Return Fund, Inc.	-8.05%	12.46%	20.46%

Returns By Period

In the year-to-date period, CLMT achieves a 74.08% return, which is significantly higher than CRF's -8.05% return.

CLMT

• 1D: -3.65%
• 1M: 26.19%
• YTD: 74.08%
• 6M: 87.79%
• 1Y: 171.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRF

• 1D: 1.15%
• 1M: -3.17%
• YTD: -8.05%
• 6M: -4.88%
• 1Y: 19.18%
• 3Y*: 17.85%
• 5Y*: 5.92%
• 10Y*: 11.40%

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

Return for Risk

CLMT vs. CRF — Risk / Return Rank

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

CLMT

CLMT Risk / Return Rank: 95
CLMT Sharpe Ratio Rank: 97
CLMT Sortino Ratio Rank: 93
CLMT Omega Ratio Rank: 94
CLMT Calmar Ratio Rank: 94
CLMT Martin Ratio Rank: 96

CRF

CRF Risk / Return Rank: 50
CRF Sharpe Ratio Rank: 46
CRF Sortino Ratio Rank: 51
CRF Omega Ratio Rank: 49
CRF Calmar Ratio Rank: 54
CRF Martin Ratio Rank: 48

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.

CLMT vs. CRF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calumet Specialty Products Partners, L.P. (CLMT) and Cornerstone Total Return Fund, Inc. (CRF). 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.

	CLMT	CRF	Difference
Sharpe ratio Return per unit of total volatility	3.25	0.96	+2.30
Sortino ratio Return per unit of downside risk	3.31	1.47	+1.85
Omega ratio Gain probability vs. loss probability	1.49	1.21	+0.28
Calmar ratio Return relative to maximum drawdown	5.46	1.34	+4.12
Martin ratio Return relative to average drawdown	18.93	4.90	+14.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLMT vs. CRF - Sharpe Ratio Comparison

The current CLMT Sharpe Ratio is 3.25, which is higher than the CRF Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of CLMT and CRF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CLMT	CRF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	0.96	+2.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.05	+0.77

Correlation

The correlation between CLMT and CRF is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CLMT vs. CRF - Dividend Comparison

CLMT has not paid dividends to shareholders, while CRF's dividend yield for the trailing twelve months is around 19.94%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLMT Calumet Specialty Products Partners, L.P.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CRF Cornerstone Total Return Fund, Inc.	19.94%	17.38%	14.32%	19.94%	29.31%	13.41%	18.91%	21.67%	24.85%	17.96%	24.08%	23.58%

Drawdowns

CLMT vs. CRF - Drawdown Comparison

The maximum CLMT drawdown since its inception was -61.87%, smaller than the maximum CRF drawdown of -80.70%. Use the drawdown chart below to compare losses from any high point for CLMT and CRF.

Drawdown Indicators

	CLMT	CRF	Difference
Max Drawdown Largest peak-to-trough decline	-61.87%	-80.70%	+18.83%
Max Drawdown (1Y) Largest decline over 1 year	-31.63%	-14.88%	-16.75%
Max Drawdown (5Y) Largest decline over 5 years	—	-43.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.90%	—
Current Drawdown Current decline from peak	-3.65%	-9.74%	+6.09%
Average Drawdown Average peak-to-trough decline	-21.91%	-22.39%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.13%	4.08%	+5.05%

Volatility

CLMT vs. CRF - Volatility Comparison

Calumet Specialty Products Partners, L.P. (CLMT) has a higher volatility of 14.12% compared to Cornerstone Total Return Fund, Inc. (CRF) at 7.96%. This indicates that CLMT's price experiences larger fluctuations and is considered to be riskier than CRF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLMT	CRF	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.12%	7.96%	+6.16%
Volatility (6M) Calculated over the trailing 6-month period	27.92%	12.73%	+15.19%
Volatility (1Y) Calculated over the trailing 1-year period	53.11%	20.15%	+32.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.06%	25.82%	+37.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.06%	25.86%	+37.20%