CRFIX vs. CFOIX

Last updated Jun 25, 2026

CRFIX (Calvert Focused Value Fund) and CFOIX (Calvert Floating-Rate Advantage Fund) are both mutual funds - CRFIX is a Large Cap Value Equities fund managed by Calvert Research and Management, while CFOIX is a Bank Loan fund managed by Calvert Research and Management. At a 0.28 correlation, their price movements are largely independent. CRFIX charges 0.74%/yr vs 0.78%/yr for CFOIX.

Performance

CRFIX vs. CFOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Focused Value Fund (CRFIX) and Calvert Floating-Rate Advantage Fund (CFOIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRFIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CFOIX

• 1D: 0.00%
• 1M: 0.25%
• YTD: -0.04%
• 6M: 0.24%
• 1Y: 3.16%
• 3Y*: 6.38%
• 5Y*: 4.30%
• 10Y*: —

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

CRFIX vs. CFOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CRFIX Calvert Focused Value Fund	11.46%	13.26%	12.24%	8.84%	-1.34%
CFOIX Calvert Floating-Rate Advantage Fund	-0.04%	3.48%	8.92%	12.09%	-3.24%

Correlation

The correlation between CRFIX and CFOIX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022	0.28

Return for Risk

CRFIX vs. CFOIX — Risk / Return Rank

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

CRFIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CFOIX

CFOIX Risk / Return Rank: 71
CFOIX Sharpe Ratio Rank: 43
CFOIX Sortino Ratio Rank: 86
CFOIX Omega Ratio Rank: 90
CFOIX Calmar Ratio Rank: 85
CFOIX Martin Ratio Rank: 49

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.

CRFIX vs. CFOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Focused Value Fund (CRFIX) and Calvert Floating-Rate Advantage Fund (CFOIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CRFIX	CFOIX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.63	—
Sortino ratio: Return per unit of downside risk	—	3.63	—
Omega ratio: Gain probability vs. loss probability	—	1.59	—
Calmar ratio: Return relative to maximum drawdown	—	3.59	—
Martin ratio: Return relative to average drawdown	—	8.97	—

Drawdowns

Drawdown Indicators

	CRFIX	CFOIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-22.38%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.93%	—
Current Drawdown Current decline from peak	—	-0.27%	—
Average Drawdown Average peak-to-trough decline	—	-1.29%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.35%	—

Volatility

Volatility by Period

	CRFIX	CFOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.95%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.06%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.73%	—

CRFIX vs. CFOIX - Expense Ratio Comparison

CRFIX has a 0.74% expense ratio, which is lower than CFOIX's 0.78% expense ratio.

Dividends

CRFIX vs. CFOIX - Dividend Comparison

CRFIX's dividend yield for the trailing twelve months is around 5.18%, less than CFOIX's 5.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CFOIX Calvert Floating-Rate Advantage Fund	5.89%	6.88%	8.62%	7.42%	5.02%	3.96%	4.23%	5.05%	4.20%
CRFIX Calvert Focused Value Fund	5.18%	5.77%	4.37%	1.02%	0.17%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRFIX and CFOIX in my portfolio?

CRFIX and CFOIX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.