CMNVX vs. CRQSX

Last updated Jun 5, 2026

CMNVX (Catholic Responsible Investments Magnus 45/55 Fund) and CRQSX (Catholic Responsible Investments Equity Index Fund) are both mutual funds - CMNVX is a Diversified Portfolio fund managed by Catholic Responsible Investments Funds, while CRQSX is a Large Cap Blend Equities fund managed by Catholic Responsible Investments Funds. Over the past 3 years, CMNVX returned 11.23%/yr vs 22.16%/yr for CRQSX. Their correlation of 0.92 suggests significant overlap in exposure. CMNVX charges 0.15%/yr vs 0.09%/yr for CRQSX.

Performance

CMNVX vs. CRQSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catholic Responsible Investments Magnus 45/55 Fund (CMNVX) and Catholic Responsible Investments Equity Index Fund (CRQSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CMNVX achieves a 5.56% return, which is significantly lower than CRQSX's 11.21% return.

CMNVX

• 1D: -0.35%
• 1M: 1.70%
• YTD: 5.56%
• 6M: 5.81%
• 1Y: 13.57%
• 3Y*: 11.23%
• 5Y*: —
• 10Y*: —

CRQSX

• 1D: -0.63%
• 1M: 3.72%
• YTD: 11.21%
• 6M: 10.89%
• 1Y: 26.76%
• 3Y*: 22.16%
• 5Y*: —
• 10Y*: —

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

CMNVX vs. CRQSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CMNVX Catholic Responsible Investments Magnus 45/55 Fund	5.56%	11.29%	9.60%	13.32%	-9.91%
CRQSX Catholic Responsible Investments Equity Index Fund	11.21%	16.83%	24.70%	27.55%	-11.69%

Correlation

The correlation between CMNVX and CRQSX is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.92

The correlation between CMNVX and CRQSX has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

Return for Risk

CMNVX vs. CRQSX — Risk / Return Rank

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

CMNVX

CMNVX Risk / Return Rank: 59
CMNVX Sharpe Ratio Rank: 59
CMNVX Sortino Ratio Rank: 61
CMNVX Omega Ratio Rank: 60
CMNVX Calmar Ratio Rank: 53
CMNVX Martin Ratio Rank: 63

CRQSX

CRQSX Risk / Return Rank: 63
CRQSX Sharpe Ratio Rank: 59
CRQSX Sortino Ratio Rank: 55
CRQSX Omega Ratio Rank: 56
CRQSX Calmar Ratio Rank: 66
CRQSX Martin Ratio Rank: 77

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.

CMNVX vs. CRQSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catholic Responsible Investments Magnus 45/55 Fund (CMNVX) and Catholic Responsible Investments Equity Index Fund (CRQSX). 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.

	CMNVX	CRQSX	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.25	-0.05
Sortino ratio: Return per unit of downside risk	3.20	3.09	+0.11
Omega ratio: Gain probability vs. loss probability	1.42	1.41	+0.01
Calmar ratio: Return relative to maximum drawdown	2.71	3.08	-0.37
Martin ratio: Return relative to average drawdown	11.95	14.19	-2.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMNVX vs. CRQSX - Sharpe Ratio Comparison

The current CMNVX Sharpe Ratio is 2.20, which is comparable to the CRQSX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of CMNVX and CRQSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CMNVX	CRQSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.25	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.84	-0.15

Drawdowns

CMNVX vs. CRQSX - Drawdown Comparison

The maximum CMNVX drawdown since its inception was -18.25%, smaller than the maximum CRQSX drawdown of -22.96%. Use the drawdown chart below to compare losses from any high point for CMNVX and CRQSX.

Drawdown Indicators

	CMNVX	CRQSX	Difference
Max Drawdown Largest peak-to-trough decline	-18.25%	-22.96%	+4.71%
Max Drawdown (1Y) Largest decline over 1 year	-5.15%	-8.71%	+3.56%
Max Drawdown (3Y) Largest decline over 3 years	-8.14%	-18.95%	+10.81%
Current Drawdown Current decline from peak	-0.35%	-0.63%	+0.28%
Average Drawdown Average peak-to-trough decline	-4.97%	-5.26%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.17%	1.89%	-0.72%

Volatility

CMNVX vs. CRQSX - Volatility Comparison

The current volatility for Catholic Responsible Investments Magnus 45/55 Fund (CMNVX) is 2.04%, while Catholic Responsible Investments Equity Index Fund (CRQSX) has a volatility of 2.95%. This indicates that CMNVX experiences smaller price fluctuations and is considered to be less risky than CRQSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMNVX	CRQSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.04%	2.95%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	5.04%	9.04%	-4.00%
Volatility (1Y) Calculated over the trailing 1-year period	6.33%	11.94%	-5.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.25%	17.84%	-9.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.25%	17.84%	-9.59%

CMNVX vs. CRQSX - Expense Ratio Comparison

CMNVX has a 0.15% expense ratio, which is higher than CRQSX's 0.09% 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%.

Dividends

CMNVX vs. CRQSX - Dividend Comparison

CMNVX's dividend yield for the trailing twelve months is around 4.45%, more than CRQSX's 3.32% yield.

Position	TTM	2025	2024	2023	2022	2021
CMNVX Catholic Responsible Investments Magnus 45/55 Fund	4.45%	4.70%	2.92%	2.51%	1.57%	0.08%
CRQSX Catholic Responsible Investments Equity Index Fund	3.32%	3.66%	2.09%	1.34%	1.56%	0.00%

Frequently Asked Questions

Can I hold both CMNVX and CRQSX in my portfolio?

With a correlation of 0.91, CMNVX and CRQSX 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, CMNVX or CRQSX?

CRQSX has higher volatility (2.95%) compared to CMNVX (2.04%). In terms of maximum drawdown, CMNVX dropped -18.25% vs CRQSX's -22.96%.

Which has better risk-adjusted returns?

CRQSX currently has the higher Sharpe Ratio (2.25 vs 2.20), 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.