CMNIX vs. CTRIX
Compare and contrast key facts about Calamos Market Neutral Income Fund Institutional Class (CMNIX) and Calamos Total Return Bond Fund (CTRIX).
CMNIX is managed by Calamos. It was launched on May 10, 2000. CTRIX is managed by Calamos. It was launched on Jun 27, 2007.
Performance
CMNIX vs. CTRIX - Performance Comparison
Loading graphics...
CMNIX vs. CTRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMNIX Calamos Market Neutral Income Fund Institutional Class | 0.37% | 6.89% | 7.43% | 9.17% | -4.26% | 5.02% | 5.36% | 6.72% | 1.79% | 4.21% |
CTRIX Calamos Total Return Bond Fund | -0.41% | 7.31% | 1.49% | 4.78% | -12.91% | -1.27% | 6.97% | 9.24% | -1.10% | 3.32% |
Returns By Period
In the year-to-date period, CMNIX achieves a 0.37% return, which is significantly higher than CTRIX's -0.41% return. Over the past 10 years, CMNIX has outperformed CTRIX with an annualized return of 4.67%, while CTRIX has yielded a comparatively lower 1.61% annualized return.
CMNIX
- 1D
- 0.45%
- 1M
- -0.51%
- YTD
- 0.37%
- 6M
- 1.79%
- 1Y
- 6.09%
- 3Y*
- 6.86%
- 5Y*
- 4.49%
- 10Y*
- 4.67%
CTRIX
- 1D
- 0.22%
- 1M
- -1.63%
- YTD
- -0.41%
- 6M
- 0.38%
- 1Y
- 3.87%
- 3Y*
- 3.40%
- 5Y*
- 0.10%
- 10Y*
- 1.61%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CMNIX vs. CTRIX - Expense Ratio Comparison
CMNIX has a 0.90% expense ratio, which is higher than CTRIX's 0.65% expense ratio.
Return for Risk
CMNIX vs. CTRIX — Risk / Return Rank
CMNIX
CTRIX
CMNIX vs. CTRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Market Neutral Income Fund Institutional Class (CMNIX) and Calamos Total Return Bond Fund (CTRIX). 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.
| CMNIX | CTRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.75 | 0.95 | +0.79 |
Sortino ratioReturn per unit of downside risk | 2.61 | 1.35 | +1.27 |
Omega ratioGain probability vs. loss probability | 1.55 | 1.17 | +0.38 |
Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.72 | +0.55 |
Martin ratioReturn relative to average drawdown | 15.50 | 5.16 | +10.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CMNIX | CTRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 0.95 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.30 | 0.02 | +1.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.29 | 0.35 | +0.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.50 | -0.14 |
Correlation
The correlation between CMNIX and CTRIX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
CMNIX vs. CTRIX - Dividend Comparison
CMNIX's dividend yield for the trailing twelve months is around 1.75%, less than CTRIX's 3.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMNIX Calamos Market Neutral Income Fund Institutional Class | 1.75% | 1.63% | 2.00% | 5.90% | 1.02% | 0.46% | 0.90% | 1.57% | 5.02% | 2.60% | 2.97% | 2.42% |
CTRIX Calamos Total Return Bond Fund | 3.59% | 3.90% | 3.63% | 2.61% | 2.71% | 3.46% | 2.42% | 2.79% | 2.89% | 3.29% | 2.76% | 4.68% |
Drawdowns
CMNIX vs. CTRIX - Drawdown Comparison
The maximum CMNIX drawdown since its inception was -35.16%, which is greater than CTRIX's maximum drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for CMNIX and CTRIX.
Loading graphics...
Drawdown Indicators
| CMNIX | CTRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.16% | -17.84% | -17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -2.71% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -7.52% | -17.84% | +10.32% |
Max Drawdown (10Y)Largest decline over 10 years | -8.12% | -17.84% | +9.72% |
Current DrawdownCurrent decline from peak | -0.58% | -2.42% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -3.04% | -4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 0.90% | -0.50% |
Volatility
CMNIX vs. CTRIX - Volatility Comparison
The current volatility for Calamos Market Neutral Income Fund Institutional Class (CMNIX) is 0.92%, while Calamos Total Return Bond Fund (CTRIX) has a volatility of 1.63%. This indicates that CMNIX experiences smaller price fluctuations and is considered to be less risky than CTRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CMNIX | CTRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.92% | 1.63% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 1.39% | 2.52% | -1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.50% | 4.35% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.47% | 5.51% | -2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.63% | 4.57% | -0.94% |