CSIBX vs. CAAAX
CSIBX (Calvert Bond Fund) and CAAAX (Calvert Growth Allocation Fund) are both mutual funds - CSIBX is a Intermediate Core-Plus Bond fund managed by Calvert, while CAAAX is a Diversified Portfolio fund managed by Calvert. Over the past 10 years, CSIBX returned 1.90%/yr vs 10.47%/yr for CAAAX. Their -0.11 correlation means they have often moved in opposite directions in the past. CSIBX charges 0.73%/yr vs 0.43%/yr for CAAAX.
Performance
CSIBX vs. CAAAX - Performance Comparison
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Returns By Period
In the year-to-date period, CSIBX achieves a -0.87% return, which is significantly lower than CAAAX's 9.81% return. Over the past 10 years, CSIBX has underperformed CAAAX with an annualized return of 1.90%, while CAAAX has yielded a comparatively higher 10.47% annualized return.
CSIBX
- 1D
- 0.00%
- 1M
- -1.24%
- 6M
- -1.22%
- YTD
- -0.87%
- 1Y
- 1.83%
- 3Y*
- 4.23%
- 5Y*
- 0.16%
- 10Y*
- 1.90%
- ALL TIME*
- 4.26%
CAAAX
- 1D
- 1.76%
- 1M
- -0.86%
- 6M
- 7.51%
- YTD
- 9.81%
- 1Y
- 19.44%
- 3Y*
- 13.29%
- 5Y*
- 6.85%
- 10Y*
- 10.47%
- ALL TIME*
- 7.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
CSIBX Calvert Bond Fund | $0.00 | $0.00 | $0.00 |
CSIBX vs. CAAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSIBX Calvert Bond Fund | -0.87% | 7.93% | 2.45% | 6.55% | -12.85% | 0.11% | 7.39% | 8.44% | -0.16% | 4.19% |
CAAAX Calvert Growth Allocation Fund | 9.81% | 14.93% | 12.56% | 15.14% | -18.26% | 16.67% | 18.55% | 27.33% | -7.73% | 20.27% |
Correlation
The correlation between CSIBX and CAAAX is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2005 | -0.11 |
The correlation between CSIBX and CAAAX shifts across timeframes, from -0.11 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CSIBX vs. CAAAX — Risk / Return Rank
CSIBX
CAAAX
CSIBX vs. CAAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Bond Fund (CSIBX) and Calvert Growth Allocation Fund (CAAAX). 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.
| CSIBX | CAAAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 1.85 | -0.90 |
| Martin ratioReturn relative to average drawdown | 2.37 | 7.91 | -5.55 |
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Drawdowns
CSIBX vs. CAAAX - Drawdown Comparison
The maximum CSIBX drawdown since its inception was -17.57%, smaller than the maximum CAAAX drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for CSIBX and CAAAX.
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Drawdown Indicators
| CSIBX | CAAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.57% | -53.45% | +35.88% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -9.39% | +6.25% |
Max Drawdown (3Y)Largest decline over 3 years | -5.15% | -15.37% | +10.22% |
Max Drawdown (5Y)Largest decline over 5 years | -17.57% | -25.90% | +8.33% |
Max Drawdown (10Y)Largest decline over 10 years | -17.57% | -32.59% | +15.02% |
Current DrawdownCurrent decline from peak | -2.60% | -1.73% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -8.20% | +6.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 2.20% | -0.94% |
Volatility
CSIBX vs. CAAAX - Volatility Comparison
The current volatility for Calvert Bond Fund (CSIBX) is 0.98%, while Calvert Growth Allocation Fund (CAAAX) has a volatility of 3.53%. This indicates that CSIBX experiences smaller price fluctuations and is considered to be less risky than CAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSIBX | CAAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.98% | 3.53% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 10.63% | -7.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 12.66% | -8.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.52% | 14.30% | -8.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.56% | 15.48% | -10.92% |
CSIBX vs. CAAAX - Expense Ratio Comparison
CSIBX has a 0.73% expense ratio, which is higher than CAAAX's 0.43% expense ratio.
Dividends
CSIBX vs. CAAAX - Dividend Comparison
CSIBX's dividend yield for the trailing twelve months is around 3.97%, more than CAAAX's 3.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAAAX Calvert Growth Allocation Fund | 3.64% | 4.00% | 2.50% | 4.47% | 2.81% | 3.68% | 3.34% | 3.53% | 6.44% | 5.57% | 5.13% | 15.27% |
CSIBX Calvert Bond Fund | 3.97% | 4.35% | 4.18% | 3.28% | 2.34% | 3.12% | 3.39% | 3.43% | 2.49% | 2.22% | 2.58% | 2.45% |
Frequently Asked Questions
CSIBX and CAAAX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAAAX has higher volatility (3.53%) compared to CSIBX (0.98%). In terms of maximum drawdown, CSIBX dropped -17.57% vs CAAAX's -53.45%.
CAAAX currently has the higher Sharpe Ratio (1.38 vs 0.77), 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.
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