CMJIX vs. FXAIX
Compare and contrast key facts about Calvert US Mid-Cap Core Responsible Index Fund (CMJIX) and Fidelity 500 Index Fund (FXAIX).
CMJIX is managed by Calvert Research and Management. It was launched on Oct 30, 2015. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMJIX or FXAIX.
Key characteristics
| CMJIX | FXAIX | |
|---|---|---|
| YTD Return | 6.48% | 11.66% |
| 1Y Return | 20.47% | 29.35% |
| 3Y Return (Ann) | 2.57% | 10.07% |
| 5Y Return (Ann) | 10.81% | 15.03% |
| Sharpe Ratio | 1.54 | 2.67 |
| Daily Std Dev | 14.33% | 11.60% |
| Max Drawdown | -38.09% | -33.79% |
| Current Drawdown | -3.00% | -0.19% |
Correlation
The correlation between CMJIX and FXAIX is 0.92, 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.
Performance
CMJIX vs. FXAIX - Performance Comparison
In the year-to-date period, CMJIX achieves a 6.48% return, which is significantly lower than FXAIX's 11.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CMJIX vs. FXAIX - Expense Ratio Comparison
CMJIX has a 0.24% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
CMJIX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert US Mid-Cap Core Responsible Index Fund (CMJIX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
CMJIX vs. FXAIX - Dividend Comparison
CMJIX's dividend yield for the trailing twelve months is around 1.00%, less than FXAIX's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMJIX Calvert US Mid-Cap Core Responsible Index Fund | 1.00% | 1.06% | 0.99% | 2.78% | 2.60% | 1.85% | 3.19% | 2.85% | 1.99% | 0.35% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.31% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
CMJIX vs. FXAIX - Drawdown Comparison
The maximum CMJIX drawdown since its inception was -38.09%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for CMJIX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
CMJIX vs. FXAIX - Volatility Comparison
The current volatility for Calvert US Mid-Cap Core Responsible Index Fund (CMJIX) is 3.23%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.40%. This indicates that CMJIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.