CROVX vs. CRDSX

Last updated Jun 3, 2026

CROVX (Catholic Responsible Investments Opportunistic Bond Fund) and CRDSX (Catholic Responsible Investments Short Duration Bond Fund) are both Short-Term Bond funds from Catholic Responsible Investments Funds. Over the past 3 years, CROVX returned 5.18%/yr vs 4.83%/yr for CRDSX. Their correlation of 0.81 suggests significant overlap in exposure. CROVX charges 0.56%/yr vs 0.35%/yr for CRDSX.

Performance

CROVX vs. CRDSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catholic Responsible Investments Opportunistic Bond Fund (CROVX) and Catholic Responsible Investments Short Duration Bond Fund (CRDSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CROVX achieves a 1.10% return, which is significantly higher than CRDSX's 0.68% return.

CROVX

• 1D: 0.00%
• 1M: 0.26%
• YTD: 1.10%
• 6M: 1.31%
• 1Y: 4.72%
• 3Y*: 5.18%
• 5Y*: —
• 10Y*: —

CRDSX

• 1D: -0.10%
• 1M: 0.12%
• YTD: 0.68%
• 6M: 0.98%
• 1Y: 3.87%
• 3Y*: 4.83%
• 5Y*: —
• 10Y*: —

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

CROVX vs. CRDSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CROVX Catholic Responsible Investments Opportunistic Bond Fund	1.10%	5.81%	5.18%	5.56%	-5.29%
CRDSX Catholic Responsible Investments Short Duration Bond Fund	0.68%	5.51%	4.81%	5.02%	-2.53%

Correlation

The correlation between CROVX and CRDSX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 28, 2022	0.81

The correlation between CROVX and CRDSX shifts across timeframes, from 0.71 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CROVX vs. CRDSX — Risk / Return Rank

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

CROVX

CROVX Risk / Return Rank: 92
CROVX Sharpe Ratio Rank: 88
CROVX Sortino Ratio Rank: 92
CROVX Omega Ratio Rank: 91
CROVX Calmar Ratio Rank: 94
CROVX Martin Ratio Rank: 95

CRDSX

CRDSX Risk / Return Rank: 87
CRDSX Sharpe Ratio Rank: 81
CRDSX Sortino Ratio Rank: 89
CRDSX Omega Ratio Rank: 90
CRDSX Calmar Ratio Rank: 87
CRDSX Martin Ratio Rank: 86

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.

CROVX vs. CRDSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catholic Responsible Investments Opportunistic Bond Fund (CROVX) and Catholic Responsible Investments Short Duration Bond Fund (CRDSX). 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.

	CROVX	CRDSX	Difference
Sharpe ratio Return per unit of total volatility	2.86	2.63	+0.22
Sortino ratio Return per unit of downside risk	4.61	4.30	+0.31
Omega ratio Gain probability vs. loss probability	1.66	1.64	+0.02
Calmar ratio Return relative to maximum drawdown	5.54	4.20	+1.34
Martin ratio Return relative to average drawdown	22.06	16.46	+5.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CROVX vs. CRDSX - Sharpe Ratio Comparison

The current CROVX Sharpe Ratio is 2.86, which is comparable to the CRDSX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of CROVX and CRDSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CROVX	CRDSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.86	2.63	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	1.51	-0.60

Drawdowns

CROVX vs. CRDSX - Drawdown Comparison

The maximum CROVX drawdown since its inception was -7.31%, which is greater than CRDSX's maximum drawdown of -4.22%. Use the drawdown chart below to compare losses from any high point for CROVX and CRDSX.

Drawdown Indicators

	CROVX	CRDSX	Difference
Max Drawdown Largest peak-to-trough decline	-7.31%	-4.22%	-3.09%
Max Drawdown (1Y) Largest decline over 1 year	-0.85%	-0.92%	+0.07%
Max Drawdown (3Y) Largest decline over 3 years	-2.06%	-0.92%	-1.14%
Current Drawdown Current decline from peak	0.00%	-0.19%	+0.19%
Average Drawdown Average peak-to-trough decline	-1.73%	-0.84%	-0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.21%	0.24%	-0.03%

Volatility

CROVX vs. CRDSX - Volatility Comparison

Catholic Responsible Investments Opportunistic Bond Fund (CROVX) has a higher volatility of 0.49% compared to Catholic Responsible Investments Short Duration Bond Fund (CRDSX) at 0.44%. This indicates that CROVX's price experiences larger fluctuations and is considered to be riskier than CRDSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CROVX	CRDSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.49%	0.44%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	1.04%	1.05%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	1.62%	1.48%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.04%	2.04%	+1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.04%	2.04%	+1.00%

CROVX vs. CRDSX - Expense Ratio Comparison

CROVX has a 0.56% expense ratio, which is higher than CRDSX's 0.35% expense ratio.

Dividends

CROVX vs. CRDSX - Dividend Comparison

CROVX's dividend yield for the trailing twelve months is around 4.43%, more than CRDSX's 4.25% yield.

Position	TTM	2025	2024	2023	2022
CRDSX Catholic Responsible Investments Short Duration Bond Fund	4.25%	4.32%	4.38%	3.50%	1.89%
CROVX Catholic Responsible Investments Opportunistic Bond Fund	4.43%	4.57%	4.61%	4.39%	2.52%

Frequently Asked Questions

Can I hold both CROVX and CRDSX in my portfolio?

CROVX and CRDSX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CROVX or CRDSX?

CROVX has higher volatility (0.49%) compared to CRDSX (0.44%). In terms of maximum drawdown, CROVX dropped -7.31% vs CRDSX's -4.22%.

Which has better risk-adjusted returns?

CROVX currently has the higher Sharpe Ratio (2.85 vs 2.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.