CMJIX vs. STRGX

Last updated Jun 25, 2026

CMJIX (Calvert US Mid-Cap Core Responsible Index Fund) and STRGX (Sterling Capital Stratton Mid Cap Value Fund) are both Mid Cap Blend Equities funds. Over the past 10 years, CMJIX returned 12.42%/yr vs 10.98%/yr for STRGX. Their correlation of 0.93 suggests significant overlap in exposure. CMJIX charges 0.24%/yr vs 0.84%/yr for STRGX.

Performance

CMJIX vs. STRGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert US Mid-Cap Core Responsible Index Fund (CMJIX) and Sterling Capital Stratton Mid Cap Value Fund (STRGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CMJIX achieves a 16.66% return, which is significantly lower than STRGX's 20.25% return. Over the past 10 years, CMJIX has outperformed STRGX with an annualized return of 12.42%, while STRGX has yielded a comparatively lower 10.98% annualized return.

CMJIX

• 1D: -0.45%
• 1M: 4.34%
• YTD: 16.66%
• 6M: 14.81%
• 1Y: 25.11%
• 3Y*: 16.34%
• 5Y*: 7.40%
• 10Y*: 12.42%

STRGX

• 1D: -0.78%
• 1M: 3.23%
• YTD: 20.25%
• 6M: 18.32%
• 1Y: 24.21%
• 3Y*: 16.00%
• 5Y*: 8.39%
• 10Y*: 10.98%

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

CMJIX vs. STRGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CMJIX Calvert US Mid-Cap Core Responsible Index Fund	16.66%	9.41%	12.53%	15.25%	-19.10%	21.27%	24.04%	31.03%	-9.21%	19.13%
STRGX Sterling Capital Stratton Mid Cap Value Fund	20.25%	5.40%	9.49%	14.39%	-10.92%	23.49%	3.74%	32.73%	-14.28%	21.75%

Correlation

The correlation between CMJIX and STRGX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.93

The correlation between CMJIX and STRGX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

CMJIX vs. STRGX — Risk / Return Rank

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

CMJIX

CMJIX Risk / Return Rank: 55
CMJIX Sharpe Ratio Rank: 49
CMJIX Sortino Ratio Rank: 52
CMJIX Omega Ratio Rank: 44
CMJIX Calmar Ratio Rank: 65
CMJIX Martin Ratio Rank: 64

STRGX

STRGX Risk / Return Rank: 52
STRGX Sharpe Ratio Rank: 44
STRGX Sortino Ratio Rank: 47
STRGX Omega Ratio Rank: 40
STRGX Calmar Ratio Rank: 77
STRGX Martin Ratio Rank: 52

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.

CMJIX vs. STRGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert US Mid-Cap Core Responsible Index Fund (CMJIX) and Sterling Capital Stratton Mid Cap Value Fund (STRGX). 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.

	CMJIX	STRGX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.74	+0.08
Sortino ratio: Return per unit of downside risk	2.64	2.58	+0.06
Omega ratio: Gain probability vs. loss probability	1.32	1.31	+0.01
Calmar ratio: Return relative to maximum drawdown	2.83	3.22	-0.39
Martin ratio: Return relative to average drawdown	11.34	9.71	+1.63

CMJIX vs. STRGX - Sharpe Ratio Comparison

The current CMJIX Sharpe Ratio is 1.82, which is comparable to the STRGX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of CMJIX and STRGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CMJIX vs. STRGX - Drawdown Comparison

The maximum CMJIX drawdown since its inception was -38.09%, smaller than the maximum STRGX drawdown of -53.50%. Use the drawdown chart below to compare losses from any high point for CMJIX and STRGX.

Drawdown Indicators

	CMJIX	STRGX	Difference
Max Drawdown Largest peak-to-trough decline	-38.09%	-53.50%	+15.41%
Max Drawdown (1Y) Largest decline over 1 year	-9.37%	-7.79%	-1.58%
Max Drawdown (3Y) Largest decline over 3 years	-21.46%	-20.88%	-0.58%
Max Drawdown (5Y) Largest decline over 5 years	-28.13%	-21.22%	-6.91%
Max Drawdown (10Y) Largest decline over 10 years	-38.09%	-41.35%	+3.26%
Current Drawdown Current decline from peak	-0.94%	-0.78%	-0.16%
Average Drawdown Average peak-to-trough decline	-6.21%	-8.02%	+1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	2.58%	-0.24%

Volatility

CMJIX vs. STRGX - Volatility Comparison

Calvert US Mid-Cap Core Responsible Index Fund (CMJIX) has a higher volatility of 5.16% compared to Sterling Capital Stratton Mid Cap Value Fund (STRGX) at 4.02%. This indicates that CMJIX's price experiences larger fluctuations and is considered to be riskier than STRGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMJIX	STRGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	4.02%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	11.35%	11.03%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	14.63%	14.45%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.70%	17.49%	+1.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.56%	19.09%	+0.47%

CMJIX vs. STRGX - Expense Ratio Comparison

CMJIX has a 0.24% expense ratio, which is lower than STRGX's 0.84% expense ratio.

Dividends

CMJIX vs. STRGX - Dividend Comparison

CMJIX's dividend yield for the trailing twelve months is around 3.93%, less than STRGX's 8.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMJIX Calvert US Mid-Cap Core Responsible Index Fund	3.93%	4.59%	1.14%	1.06%	0.99%	2.78%	2.60%	1.85%	3.19%	2.85%	1.99%	0.00%
STRGX Sterling Capital Stratton Mid Cap Value Fund	8.35%	10.04%	15.16%	12.43%	17.98%	8.18%	0.84%	5.40%	9.91%	3.79%	0.60%	3.68%

Frequently Asked Questions

Can I hold both CMJIX and STRGX in my portfolio?

With a correlation of 0.90, CMJIX and STRGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CMJIX or STRGX?

CMJIX has higher volatility (5.16%) compared to STRGX (4.02%). In terms of maximum drawdown, CMJIX dropped -38.09% vs STRGX's -53.50%.

Which has better risk-adjusted returns?

CMJIX currently has the higher Sharpe Ratio (1.82 vs 1.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.