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CNWIX vs. FAMKX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CNWIX vs. FAMKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Evolving World Growth Fund Class I (CNWIX) and Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX). The values are adjusted to include any dividend payments, if applicable.

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CNWIX vs. FAMKX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CNWIX
Calamos Evolving World Growth Fund Class I
4.79%19.29%14.99%6.60%-24.35%-4.70%54.23%20.76%-17.74%36.97%
FAMKX
Fidelity Advisor Focused Emerging Markets Fund Class A
0.85%39.76%9.01%8.12%-20.09%-2.90%30.05%29.29%-18.32%46.52%

Returns By Period

In the year-to-date period, CNWIX achieves a 4.79% return, which is significantly higher than FAMKX's 0.85% return. Over the past 10 years, CNWIX has underperformed FAMKX with an annualized return of 8.36%, while FAMKX has yielded a comparatively higher 10.07% annualized return.


CNWIX

1D
-2.00%
1M
-16.05%
YTD
4.79%
6M
3.82%
1Y
27.65%
3Y*
13.45%
5Y*
2.05%
10Y*
8.36%

FAMKX

1D
-0.97%
1M
-13.15%
YTD
0.85%
6M
6.45%
1Y
32.95%
3Y*
17.10%
5Y*
4.48%
10Y*
10.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CNWIX vs. FAMKX - Expense Ratio Comparison

CNWIX has a 1.05% expense ratio, which is lower than FAMKX's 1.32% expense ratio.


Return for Risk

CNWIX vs. FAMKX — Risk / Return Rank

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

CNWIX
CNWIX Risk / Return Rank: 7070
Overall Rank
CNWIX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
CNWIX Sortino Ratio Rank: 7272
Sortino Ratio Rank
CNWIX Omega Ratio Rank: 7070
Omega Ratio Rank
CNWIX Calmar Ratio Rank: 6868
Calmar Ratio Rank
CNWIX Martin Ratio Rank: 6464
Martin Ratio Rank

FAMKX
FAMKX Risk / Return Rank: 8585
Overall Rank
FAMKX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
FAMKX Sortino Ratio Rank: 8585
Sortino Ratio Rank
FAMKX Omega Ratio Rank: 8383
Omega Ratio Rank
FAMKX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FAMKX Martin Ratio Rank: 8282
Martin Ratio Rank
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.

CNWIX vs. FAMKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Evolving World Growth Fund Class I (CNWIX) and Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX). 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.


CNWIXFAMKXDifference

Sharpe ratio

Return per unit of total volatility

1.36

1.74

-0.38

Sortino ratio

Return per unit of downside risk

1.78

2.22

-0.44

Omega ratio

Gain probability vs. loss probability

1.26

1.34

-0.07

Calmar ratio

Return relative to maximum drawdown

1.55

2.13

-0.58

Martin ratio

Return relative to average drawdown

6.05

8.25

-2.20

CNWIX vs. FAMKX - Sharpe Ratio Comparison

The current CNWIX Sharpe Ratio is 1.36, which is comparable to the FAMKX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of CNWIX and FAMKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CNWIXFAMKXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.36

1.74

-0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.24

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.35

0.54

-0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.39

-0.12

Correlation

The correlation between CNWIX and FAMKX is 0.91, 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.


Dividends

CNWIX vs. FAMKX - Dividend Comparison

CNWIX's dividend yield for the trailing twelve months is around 0.06%, less than FAMKX's 1.32% yield.


TTM20252024202320222021202020192018201720162015
CNWIX
Calamos Evolving World Growth Fund Class I
0.06%0.06%0.00%0.54%0.97%2.79%2.01%1.04%0.00%0.42%0.00%0.38%
FAMKX
Fidelity Advisor Focused Emerging Markets Fund Class A
1.32%1.33%0.74%1.25%0.76%4.87%1.84%10.64%0.17%0.10%0.03%0.00%

Drawdowns

CNWIX vs. FAMKX - Drawdown Comparison

The maximum CNWIX drawdown since its inception was -43.57%, smaller than the maximum FAMKX drawdown of -70.11%. Use the drawdown chart below to compare losses from any high point for CNWIX and FAMKX.


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Drawdown Indicators


CNWIXFAMKXDifference

Max Drawdown

Largest peak-to-trough decline

-43.57%

-70.11%

+26.54%

Max Drawdown (1Y)

Largest decline over 1 year

-16.28%

-13.73%

-2.55%

Max Drawdown (5Y)

Largest decline over 5 years

-37.47%

-40.76%

+3.29%

Max Drawdown (10Y)

Largest decline over 10 years

-43.57%

-42.16%

-1.41%

Current Drawdown

Current decline from peak

-16.28%

-13.73%

-2.55%

Average Drawdown

Average peak-to-trough decline

-16.56%

-20.60%

+4.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.17%

3.55%

+0.62%

Volatility

CNWIX vs. FAMKX - Volatility Comparison

Calamos Evolving World Growth Fund Class I (CNWIX) has a higher volatility of 10.65% compared to Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) at 8.51%. This indicates that CNWIX's price experiences larger fluctuations and is considered to be riskier than FAMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CNWIXFAMKXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.65%

8.51%

+2.14%

Volatility (6M)

Calculated over the trailing 6-month period

16.88%

13.09%

+3.79%

Volatility (1Y)

Calculated over the trailing 1-year period

20.17%

18.40%

+1.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.53%

18.46%

-0.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.07%

18.56%

+5.51%