CMUVX vs. FRGAX

Last updated Jun 5, 2026

CMUVX (Catholic Responsible Investments Magnus 75/25 Fund) and FRGAX (Fidelity 70% Allocation Fund) are both Diversified Portfolio funds. Over the past 3 years, CMUVX returned 15.68%/yr vs 16.10%/yr for FRGAX. With a 0.97 correlation, they move nearly in lockstep. CMUVX charges 0.15%/yr vs 0.02%/yr for FRGAX.

Performance

CMUVX vs. FRGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catholic Responsible Investments Magnus 75/25 Fund (CMUVX) and Fidelity 70% Allocation Fund (FRGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CMUVX having a 8.85% return and FRGAX slightly lower at 8.73%.

CMUVX

• 1D: -0.51%
• 1M: 2.71%
• YTD: 8.85%
• 6M: 9.19%
• 1Y: 20.14%
• 3Y*: 15.68%
• 5Y*: —
• 10Y*: —

FRGAX

• 1D: -0.59%
• 1M: 2.80%
• YTD: 8.73%
• 6M: 9.06%
• 1Y: 21.41%
• 3Y*: 16.10%
• 5Y*: —
• 10Y*: —

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

CMUVX vs. FRGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CMUVX Catholic Responsible Investments Magnus 75/25 Fund	8.85%	14.69%	13.39%	19.07%	-2.33%
FRGAX Fidelity 70% Allocation Fund	8.73%	17.10%	12.91%	17.57%	-1.63%

Correlation

The correlation between CMUVX and FRGAX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Nov 23, 2022	0.97

The correlation between CMUVX and FRGAX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

CMUVX vs. FRGAX — Risk / Return Rank

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

CMUVX

CMUVX Risk / Return Rank: 54
CMUVX Sharpe Ratio Rank: 53
CMUVX Sortino Ratio Rank: 52
CMUVX Omega Ratio Rank: 51
CMUVX Calmar Ratio Rank: 52
CMUVX Martin Ratio Rank: 62

FRGAX

FRGAX Risk / Return Rank: 69
FRGAX Sharpe Ratio Rank: 69
FRGAX Sortino Ratio Rank: 69
FRGAX Omega Ratio Rank: 66
FRGAX Calmar Ratio Rank: 67
FRGAX Martin Ratio Rank: 75

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.

CMUVX vs. FRGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catholic Responsible Investments Magnus 75/25 Fund (CMUVX) and Fidelity 70% Allocation Fund (FRGAX). 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.

	CMUVX	FRGAX	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.43	-0.34
Sortino ratio: Return per unit of downside risk	2.96	3.46	-0.50
Omega ratio: Gain probability vs. loss probability	1.38	1.45	-0.07
Calmar ratio: Return relative to maximum drawdown	2.70	3.13	-0.44
Martin ratio: Return relative to average drawdown	11.85	14.01	-2.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMUVX vs. FRGAX - Sharpe Ratio Comparison

The current CMUVX Sharpe Ratio is 2.10, which is comparable to the FRGAX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of CMUVX and FRGAX, 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

	CMUVX	FRGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.43	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	1.52	-0.87

Drawdowns

CMUVX vs. FRGAX - Drawdown Comparison

The maximum CMUVX drawdown since its inception was -23.51%, which is greater than FRGAX's maximum drawdown of -11.77%. Use the drawdown chart below to compare losses from any high point for CMUVX and FRGAX.

Drawdown Indicators

	CMUVX	FRGAX	Difference
Max Drawdown Largest peak-to-trough decline	-23.51%	-11.77%	-11.74%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-7.03%	-0.56%
Max Drawdown (3Y) Largest decline over 3 years	-14.12%	-11.77%	-2.35%
Current Drawdown Current decline from peak	-0.51%	-0.59%	+0.08%
Average Drawdown Average peak-to-trough decline	-6.26%	-1.58%	-4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	1.57%	+0.15%

Volatility

CMUVX vs. FRGAX - Volatility Comparison

Catholic Responsible Investments Magnus 75/25 Fund (CMUVX) and Fidelity 70% Allocation Fund (FRGAX) have volatilities of 2.85% and 2.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMUVX	FRGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.85%	2.80%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	7.60%	7.22%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	9.76%	9.05%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.15%	10.31%	+2.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.15%	10.31%	+2.84%

CMUVX vs. FRGAX - Expense Ratio Comparison

CMUVX has a 0.15% expense ratio, which is higher than FRGAX'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%.

Dividends

CMUVX vs. FRGAX - Dividend Comparison

CMUVX's dividend yield for the trailing twelve months is around 33.21%, more than FRGAX's 1.84% yield.

Position	TTM	2025	2024	2023	2022	2021
CMUVX Catholic Responsible Investments Magnus 75/25 Fund	33.21%	36.14%	2.54%	2.03%	2.47%	0.06%
FRGAX Fidelity 70% Allocation Fund	1.84%	2.00%	2.01%	1.77%	1.71%	0.00%

Frequently Asked Questions

Can I hold both CMUVX and FRGAX in my portfolio?

With a correlation of 0.96, CMUVX and FRGAX 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, CMUVX or FRGAX?

CMUVX has higher volatility (2.85%) compared to FRGAX (2.80%). In terms of maximum drawdown, CMUVX dropped -23.51% vs FRGAX's -11.77%.

Which has better risk-adjusted returns?

FRGAX currently has the higher Sharpe Ratio (2.43 vs 2.10), 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.