CSIEX vs. CLDAX
CSIEX (Calvert Equity Fund) and CLDAX (Calvert Core Bond Fund) are both mutual funds - CSIEX is a Large Cap Growth Equities fund managed by Calvert Research and Management, while CLDAX is a Intermediate Core Bond fund managed by Calvert Research and Management. Over the past 10 years, CSIEX returned 11.69%/yr vs 2.65%/yr for CLDAX. At a correlation of -0.14, they often move in opposite directions. CSIEX charges 0.91%/yr vs 0.74%/yr for CLDAX.
Performance
CSIEX vs. CLDAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSIEX achieves a -6.75% return, which is significantly lower than CLDAX's -0.27% return. Over the past 10 years, CSIEX has outperformed CLDAX with an annualized return of 11.69%, while CLDAX has yielded a comparatively lower 2.65% annualized return.
CSIEX
- 1D
- 0.53%
- 1M
- 2.24%
- 6M
- -8.71%
- YTD
- -6.75%
- 1Y
- -4.09%
- 3Y*
- 4.90%
- 5Y*
- 3.25%
- 10Y*
- 11.69%
CLDAX
- 1D
- 0.26%
- 1M
- -0.48%
- 6M
- -0.40%
- YTD
- -0.27%
- 1Y
- 3.94%
- 3Y*
- 3.61%
- 5Y*
- -0.47%
- 10Y*
- 2.65%
CSIEX vs. CLDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSIEX Calvert Equity Fund | -6.75% | 7.27% | 8.35% | 17.93% | -17.61% | 28.90% | 24.26% | 36.46% | 5.03% | 25.78% |
CLDAX Calvert Core Bond Fund | -0.27% | 7.27% | 1.39% | 5.04% | -13.48% | -2.30% | 14.56% | 20.77% | -5.73% | 9.47% |
Correlation
The correlation between CSIEX and CLDAX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 6, 2005 | -0.14 |
The correlation between CSIEX and CLDAX shifts across timeframes, from -0.14 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSIEX vs. CLDAX — Risk / Return Rank
CSIEX
CLDAX
CSIEX vs. CLDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Equity Fund (CSIEX) and Calvert Core Bond Fund (CLDAX). 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.
| CSIEX | CLDAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.19 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 1.28 | -1.54 |
| Martin ratioReturn relative to average drawdown | -0.53 | 3.54 | -4.06 |
Loading charts...
Drawdowns
CSIEX vs. CLDAX - Drawdown Comparison
The maximum CSIEX drawdown since its inception was -50.81%, which is greater than CLDAX's maximum drawdown of -18.88%. Use the drawdown chart below to compare losses from any high point for CSIEX and CLDAX.
Loading charts...
Drawdown Indicators
| CSIEX | CLDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.81% | -18.88% | -31.93% |
Max Drawdown (1Y)Largest decline over 1 year | -14.28% | -3.24% | -11.04% |
Max Drawdown (3Y)Largest decline over 3 years | -14.87% | -6.09% | -8.78% |
Max Drawdown (5Y)Largest decline over 5 years | -25.71% | -18.21% | -7.50% |
Max Drawdown (10Y)Largest decline over 10 years | -30.50% | -18.88% | -11.62% |
Current DrawdownCurrent decline from peak | -9.00% | -3.69% | -5.31% |
Average DrawdownAverage peak-to-trough decline | -6.24% | -3.91% | -2.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.05% | 1.17% | +5.88% |
Volatility
CSIEX vs. CLDAX - Volatility Comparison
Calvert Equity Fund (CSIEX) has a higher volatility of 5.14% compared to Calvert Core Bond Fund (CLDAX) at 1.11%. This indicates that CSIEX's price experiences larger fluctuations and is considered to be riskier than CLDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSIEX | CLDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 1.11% | +4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 3.11% | +7.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.18% | 3.89% | +9.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.38% | 5.66% | +10.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.17% | 6.76% | +10.41% |
CSIEX vs. CLDAX - Expense Ratio Comparison
CSIEX has a 0.91% expense ratio, which is higher than CLDAX's 0.74% expense ratio.
Dividends
CSIEX vs. CLDAX - Dividend Comparison
CSIEX's dividend yield for the trailing twelve months is around 24.63%, more than CLDAX's 4.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLDAX Calvert Core Bond Fund | 4.25% | 4.24% | 4.16% | 3.17% | 1.80% | 6.08% | 5.22% | 3.04% | 3.63% | 3.02% | 7.02% | 2.85% |
CSIEX Calvert Equity Fund | 24.63% | 22.97% | 8.74% | 1.79% | 3.40% | 3.56% | 2.70% | 2.87% | 8.78% | 8.10% | 11.30% | 25.62% |
Frequently Asked Questions
CSIEX and CLDAX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CSIEX has higher volatility (5.14%) compared to CLDAX (1.11%). In terms of maximum drawdown, CSIEX dropped -50.81% vs CLDAX's -18.88%.
CLDAX currently has the higher Sharpe Ratio (1.07 vs -0.28), 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.
Find the right allocation for CSIEX and CLDAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer