CPLIX vs. CSQ
Compare and contrast key facts about Calamos Phineus Long/Short Fund (CPLIX) and Calamos Strategic Total Return Fund (CSQ).
CPLIX is managed by Calamos. It was launched on Apr 4, 2016. CSQ is an actively managed fund by Calamos. It was launched on Mar 26, 2004.
Performance
CPLIX vs. CSQ - Performance Comparison
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CPLIX vs. CSQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPLIX Calamos Phineus Long/Short Fund | -3.56% | 9.89% | 8.89% | 8.04% | -0.96% | 7.52% | 19.81% | 3.97% | -5.96% | 9.22% |
CSQ Calamos Strategic Total Return Fund | -8.21% | 16.25% | 28.11% | 20.80% | -24.26% | 30.77% | 26.22% | 38.62% | -4.89% | 27.98% |
Returns By Period
In the year-to-date period, CPLIX achieves a -3.56% return, which is significantly higher than CSQ's -8.21% return.
CPLIX
- 1D
- 1.06%
- 1M
- -3.73%
- YTD
- -3.56%
- 6M
- -4.67%
- 1Y
- 4.75%
- 3Y*
- 6.85%
- 5Y*
- 3.24%
- 10Y*
- —
CSQ
- 1D
- 1.58%
- 1M
- -7.70%
- YTD
- -8.21%
- 6M
- -6.85%
- 1Y
- 14.91%
- 3Y*
- 15.97%
- 5Y*
- 7.93%
- 10Y*
- 14.98%
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CPLIX vs. CSQ - Expense Ratio Comparison
CPLIX has a 1.38% expense ratio, which is lower than CSQ's 2.46% expense ratio.
Return for Risk
CPLIX vs. CSQ — Risk / Return Rank
CPLIX
CSQ
CPLIX vs. CSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Phineus Long/Short Fund (CPLIX) and Calamos Strategic Total Return Fund (CSQ). 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.
| CPLIX | CSQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 0.71 | -0.17 |
Sortino ratioReturn per unit of downside risk | 0.87 | 1.09 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.17 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.54 | 0.99 | -0.45 |
Martin ratioReturn relative to average drawdown | 1.70 | 3.85 | -2.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CPLIX | CSQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.71 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.40 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.39 | +0.08 |
Correlation
The correlation between CPLIX and CSQ is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CPLIX vs. CSQ - Dividend Comparison
CPLIX's dividend yield for the trailing twelve months is around 5.73%, less than CSQ's 7.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPLIX Calamos Phineus Long/Short Fund | 5.73% | 5.52% | 6.90% | 1.86% | 0.03% | 0.00% | 0.00% | 0.43% | 3.88% | 1.21% | 0.85% | 0.00% |
CSQ Calamos Strategic Total Return Fund | 7.42% | 6.51% | 6.95% | 8.27% | 9.17% | 6.38% | 7.03% | 7.14% | 9.35% | 8.20% | 9.64% | 10.00% |
Drawdowns
CPLIX vs. CSQ - Drawdown Comparison
The maximum CPLIX drawdown since its inception was -33.71%, smaller than the maximum CSQ drawdown of -67.17%. Use the drawdown chart below to compare losses from any high point for CPLIX and CSQ.
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Drawdown Indicators
| CPLIX | CSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.71% | -67.17% | +33.46% |
Max Drawdown (1Y)Largest decline over 1 year | -8.73% | -15.59% | +6.86% |
Max Drawdown (5Y)Largest decline over 5 years | -18.28% | -33.09% | +14.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.21% | — |
Current DrawdownCurrent decline from peak | -7.77% | -10.68% | +2.91% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -9.40% | +4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 4.00% | -1.24% |
Volatility
CPLIX vs. CSQ - Volatility Comparison
The current volatility for Calamos Phineus Long/Short Fund (CPLIX) is 3.13%, while Calamos Strategic Total Return Fund (CSQ) has a volatility of 7.09%. This indicates that CPLIX experiences smaller price fluctuations and is considered to be less risky than CSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPLIX | CSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | 7.09% | -3.96% |
Volatility (6M)Calculated over the trailing 6-month period | 6.16% | 11.65% | -5.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.42% | 21.16% | -11.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.27% | 20.01% | -7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.26% | 22.93% | -7.67% |