CNWIX vs. FFLEX
Compare and contrast key facts about Calamos Evolving World Growth Fund Class I (CNWIX) and Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX).
CNWIX is managed by Calamos. FFLEX is managed by Fidelity. It was launched on Aug 5, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNWIX or FFLEX.
Correlation
The correlation between CNWIX and FFLEX is 0.78, 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.
Performance
CNWIX vs. FFLEX - Performance Comparison
Key characteristics
CNWIX:
0.79
FFLEX:
1.52
CNWIX:
1.15
FFLEX:
2.09
CNWIX:
1.15
FFLEX:
1.27
CNWIX:
0.39
FFLEX:
2.40
CNWIX:
2.34
FFLEX:
8.63
CNWIX:
5.53%
FFLEX:
1.93%
CNWIX:
16.31%
FFLEX:
10.97%
CNWIX:
-43.57%
FFLEX:
-32.22%
CNWIX:
-23.42%
FFLEX:
-0.21%
Returns By Period
In the year-to-date period, CNWIX achieves a 0.62% return, which is significantly lower than FFLEX's 3.92% return.
CNWIX
0.62%
2.87%
2.70%
12.67%
5.81%
4.80%
FFLEX
3.92%
5.02%
8.12%
16.02%
8.72%
N/A
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CNWIX vs. FFLEX - Expense Ratio Comparison
CNWIX has a 1.05% expense ratio, which is higher than FFLEX's 0.08% expense ratio.
Risk-Adjusted Performance
CNWIX vs. FFLEX — Risk-Adjusted Performance Rank
CNWIX
FFLEX
CNWIX vs. FFLEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Evolving World Growth Fund Class I (CNWIX) and Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX). 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.
Dividends
CNWIX vs. FFLEX - Dividend Comparison
CNWIX has not paid dividends to shareholders, while FFLEX's dividend yield for the trailing twelve months is around 1.91%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNWIX Calamos Evolving World Growth Fund Class I | 0.00% | 0.00% | 0.54% | 0.97% | 0.65% | 0.03% | 1.04% | 0.00% | 0.42% | 0.00% | 0.38% | 0.53% |
FFLEX Fidelity Freedom Index 2060 Fund Institutional Premium Class | 1.91% | 1.98% | 1.94% | 1.96% | 1.59% | 1.37% | 1.60% | 2.15% | 1.69% | 2.14% | 1.79% | 0.00% |
Drawdowns
CNWIX vs. FFLEX - Drawdown Comparison
The maximum CNWIX drawdown since its inception was -43.57%, which is greater than FFLEX's maximum drawdown of -32.22%. Use the drawdown chart below to compare losses from any high point for CNWIX and FFLEX. For additional features, visit the drawdowns tool.
Volatility
CNWIX vs. FFLEX - Volatility Comparison
Calamos Evolving World Growth Fund Class I (CNWIX) has a higher volatility of 5.41% compared to Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) at 2.95%. This indicates that CNWIX's price experiences larger fluctuations and is considered to be riskier than FFLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.