CSDAX vs. CRFIX

Last updated Apr 1, 2026

Compare and contrast key facts about Calvert Short Duration Income Fund (CSDAX) and Calvert Focused Value Fund (CRFIX).

CSDAX is managed by Calvert Research and Management. It was launched on Jan 31, 2002. CRFIX is managed by Calvert Research and Management. It was launched on Apr 28, 2022.

Performance

CSDAX vs. CRFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Short Duration Income Fund (CSDAX) and Calvert Focused Value Fund (CRFIX). The values are adjusted to include any dividend payments, if applicable.

CSDAX vs. CRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CSDAX Calvert Short Duration Income Fund	-0.37%	6.22%	5.00%	6.58%	-1.49%
CRFIX Calvert Focused Value Fund	-4.34%	13.26%	12.24%	8.84%	-1.34%

Returns By Period

In the year-to-date period, CSDAX achieves a -0.37% return, which is significantly higher than CRFIX's -4.34% return.

CSDAX

• 1D: 0.13%
• 1M: -1.32%
• YTD: -0.37%
• 6M: 0.79%
• 1Y: 3.99%
• 3Y*: 5.05%
• 5Y*: 2.41%
• 10Y*: 2.73%

CRFIX

• 1D: -0.85%
• 1M: -10.56%
• YTD: -4.34%
• 6M: 0.67%
• 1Y: 8.82%
• 3Y*: 9.83%
• 5Y*: —
• 10Y*: —

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

CSDAX vs. CRFIX - Expense Ratio Comparison

CSDAX has a 0.76% expense ratio, which is higher than CRFIX's 0.74% expense ratio.

CSDAX

Calvert Short Duration Income Fund

CRFIX

Calvert Focused Value Fund

Return for Risk

CSDAX vs. CRFIX — Risk / Return Rank

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

CSDAX

CSDAX Risk / Return Rank: 94
CSDAX Sharpe Ratio Rank: 94
CSDAX Sortino Ratio Rank: 97
CSDAX Omega Ratio Rank: 93
CSDAX Calmar Ratio Rank: 93
CSDAX Martin Ratio Rank: 94

CRFIX

CRFIX Risk / Return Rank: 23
CRFIX Sharpe Ratio Rank: 24
CRFIX Sortino Ratio Rank: 23
CRFIX Omega Ratio Rank: 23
CRFIX Calmar Ratio Rank: 23
CRFIX Martin Ratio Rank: 23

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.

CSDAX vs. CRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Short Duration Income Fund (CSDAX) and Calvert Focused Value Fund (CRFIX). 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.

	CSDAX	CRFIX	Difference
Sharpe ratio Return per unit of total volatility	2.11	0.59	+1.52
Sortino ratio Return per unit of downside risk	3.64	0.92	+2.72
Omega ratio Gain probability vs. loss probability	1.47	1.13	+0.34
Calmar ratio Return relative to maximum drawdown	2.99	0.69	+2.30
Martin ratio Return relative to average drawdown	12.30	2.51	+9.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSDAX vs. CRFIX - Sharpe Ratio Comparison

The current CSDAX Sharpe Ratio is 2.11, which is higher than the CRFIX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of CSDAX and CRFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CSDAX	CRFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	0.59	+1.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	0.45	+1.24

Correlation

The correlation between CSDAX and CRFIX is 0.18, 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

CSDAX vs. CRFIX - Dividend Comparison

CSDAX's dividend yield for the trailing twelve months is around 4.07%, less than CRFIX's 6.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSDAX Calvert Short Duration Income Fund	4.07%	4.42%	4.28%	3.24%	1.95%	2.25%	2.58%	2.79%	2.67%	1.84%	2.07%	1.84%
CRFIX Calvert Focused Value Fund	6.03%	5.77%	4.37%	1.02%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CSDAX vs. CRFIX - Drawdown Comparison

The maximum CSDAX drawdown since its inception was -9.96%, smaller than the maximum CRFIX drawdown of -18.29%. Use the drawdown chart below to compare losses from any high point for CSDAX and CRFIX.

Drawdown Indicators

	CSDAX	CRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-9.96%	-18.29%	+8.33%
Max Drawdown (1Y) Largest decline over 1 year	-1.51%	-12.21%	+10.70%
Max Drawdown (5Y) Largest decline over 5 years	-8.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-9.96%	—	—
Current Drawdown Current decline from peak	-1.32%	-11.97%	+10.65%
Average Drawdown Average peak-to-trough decline	-0.71%	-4.16%	+3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	3.36%	-2.99%

Volatility

CSDAX vs. CRFIX - Volatility Comparison

The current volatility for Calvert Short Duration Income Fund (CSDAX) is 0.64%, while Calvert Focused Value Fund (CRFIX) has a volatility of 4.25%. This indicates that CSDAX experiences smaller price fluctuations and is considered to be less risky than CRFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSDAX	CRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.64%	4.25%	-3.61%
Volatility (6M) Calculated over the trailing 6-month period	1.30%	9.19%	-7.89%
Volatility (1Y) Calculated over the trailing 1-year period	2.09%	16.62%	-14.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.34%	15.69%	-13.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.29%	15.69%	-13.40%