CRAIX vs. PYTRX
Compare and contrast key facts about CCM Community Impact Bond Fund (CRAIX) and Putnam Fixed Income Absolute Return Fund (PYTRX).
CRAIX is managed by Community Capital Management. It was launched on Aug 30, 1999. PYTRX is managed by Putnam. It was launched on Dec 22, 2008.
Performance
CRAIX vs. PYTRX - Performance Comparison
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CRAIX vs. PYTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRAIX CCM Community Impact Bond Fund | -0.12% | 6.40% | 1.97% | 3.98% | -10.19% | -1.72% | 3.99% | 5.44% | 0.10% | 2.81% |
PYTRX Putnam Fixed Income Absolute Return Fund | -0.26% | 6.98% | 1.81% | 4.35% | -2.17% | -4.78% | 0.83% | 8.90% | -0.01% | 5.53% |
Returns By Period
In the year-to-date period, CRAIX achieves a -0.12% return, which is significantly higher than PYTRX's -0.26% return. Over the past 10 years, CRAIX has underperformed PYTRX with an annualized return of 1.03%, while PYTRX has yielded a comparatively higher 2.56% annualized return.
CRAIX
- 1D
- -0.10%
- 1M
- -1.34%
- YTD
- -0.12%
- 6M
- 0.86%
- 1Y
- 3.69%
- 3Y*
- 3.30%
- 5Y*
- 0.15%
- 10Y*
- 1.03%
PYTRX
- 1D
- 0.24%
- 1M
- -1.68%
- YTD
- -0.26%
- 6M
- 0.56%
- 1Y
- 3.96%
- 3Y*
- 3.64%
- 5Y*
- 0.82%
- 10Y*
- 2.56%
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CRAIX vs. PYTRX - Expense Ratio Comparison
CRAIX has a 0.88% expense ratio, which is higher than PYTRX's 0.46% expense ratio.
Return for Risk
CRAIX vs. PYTRX — Risk / Return Rank
CRAIX
PYTRX
CRAIX vs. PYTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CCM Community Impact Bond Fund (CRAIX) and Putnam Fixed Income Absolute Return Fund (PYTRX). 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.
| CRAIX | PYTRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 0.99 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.79 | 1.41 | +0.38 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.18 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.00 | 1.56 | +0.44 |
Martin ratioReturn relative to average drawdown | 5.67 | 4.96 | +0.71 |
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
| CRAIX | PYTRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 0.99 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.17 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.64 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.58 | -0.02 |
Correlation
The correlation between CRAIX and PYTRX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CRAIX vs. PYTRX - Dividend Comparison
CRAIX's dividend yield for the trailing twelve months is around 2.79%, less than PYTRX's 4.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRAIX CCM Community Impact Bond Fund | 2.79% | 3.01% | 2.92% | 2.48% | 1.61% | 1.18% | 1.77% | 2.32% | 2.30% | 2.78% | 2.28% | 2.12% |
PYTRX Putnam Fixed Income Absolute Return Fund | 4.02% | 4.02% | 4.31% | 4.43% | 4.38% | 3.67% | 3.44% | 4.02% | 2.49% | 4.76% | 3.40% | 4.96% |
Drawdowns
CRAIX vs. PYTRX - Drawdown Comparison
The maximum CRAIX drawdown since its inception was -14.53%, which is greater than PYTRX's maximum drawdown of -12.75%. Use the drawdown chart below to compare losses from any high point for CRAIX and PYTRX.
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Drawdown Indicators
| CRAIX | PYTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.53% | -12.75% | -1.78% |
Max Drawdown (1Y)Largest decline over 1 year | -1.98% | -2.86% | +0.88% |
Max Drawdown (5Y)Largest decline over 5 years | -14.28% | -12.45% | -1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -14.53% | -12.75% | -1.78% |
Current DrawdownCurrent decline from peak | -1.64% | -2.15% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -2.46% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 0.90% | -0.20% |
Volatility
CRAIX vs. PYTRX - Volatility Comparison
The current volatility for CCM Community Impact Bond Fund (CRAIX) is 1.20%, while Putnam Fixed Income Absolute Return Fund (PYTRX) has a volatility of 1.81%. This indicates that CRAIX experiences smaller price fluctuations and is considered to be less risky than PYTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRAIX | PYTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.81% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 2.68% | -0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.27% | 4.28% | -1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.56% | 4.82% | -0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.63% | 3.99% | -0.36% |