CSIEX vs. FIVFX

Last updated Aug 1, 2026

CSIEX (Calvert Equity Fund) and FIVFX (Fidelity International Capital Appreciation Fund) are both mutual funds - CSIEX is a Large Cap Growth Equities fund managed by Calvert, while FIVFX is a Foreign Large Cap Equities fund managed by Fidelity. Their 0.65 correlation means they have sometimes moved together and sometimes differently. CSIEX charges 0.91%/yr vs 1.00%/yr for FIVFX.

Performance

CSIEX vs. FIVFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Equity Fund (CSIEX) and Fidelity International Capital Appreciation Fund (FIVFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CSIEX

• 1D: -0.83%
• 1M: 2.53%
• 6M: -3.13%
• YTD: -4.38%
• 1Y: -1.72%
• 3Y*: 5.38%
• 5Y*: 3.27%
• 10Y*: 11.84%
• ALL TIME*: 8.60%

FIVFX

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CSIEX Calvert Equity Fund	$0.00	$0.00	$0.00

CSIEX vs. FIVFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSIEX Calvert Equity Fund	-4.38%	7.27%	8.35%	17.93%	-17.61%	28.90%	24.26%	36.46%	5.03%	25.78%
FIVFX Fidelity International Capital Appreciation Fund	0.00%	19.54%	8.05%	27.58%	-26.48%	12.14%	22.32%	33.05%	-12.87%	35.81%

Correlation

The correlation between CSIEX and FIVFX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.54
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Jul 14, 1995	0.65

The correlation between CSIEX and FIVFX shifts across timeframes, from 0.54 (3 years) to 0.73 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

CSIEX vs. FIVFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CSIEX

CSIEX Risk / Return Rank: 3
CSIEX Sharpe Ratio Rank: 3
CSIEX Sortino Ratio Rank: 3
CSIEX Omega Ratio Rank: 3
CSIEX Calmar Ratio Rank: 3
CSIEX Martin Ratio Rank: 3

FIVFX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CSIEX vs. FIVFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Equity Fund (CSIEX) and Fidelity International Capital Appreciation Fund (FIVFX). 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	FIVFX	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	—	—
Sortino ratio: Return per unit of downside risk	-0.22	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.21	—	—
Martin ratio: Return relative to average drawdown	-0.41	—	—

Drawdowns

Drawdown Indicators

	CSIEX	FIVFX	Difference
Max Drawdown Largest peak-to-trough decline	-50.81%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.50%	—	—
Current Drawdown Current decline from peak	-6.68%	—	—
Average Drawdown Average peak-to-trough decline	-6.25%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.25%	—	—

Volatility

Volatility by Period

	CSIEX	FIVFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.72%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.46%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	—	—

CSIEX vs. FIVFX - Expense Ratio Comparison

CSIEX has a 0.91% expense ratio, which is lower than FIVFX's 1.00% expense ratio.

Dividends

CSIEX vs. FIVFX - Dividend Comparison

CSIEX's dividend yield for the trailing twelve months is around 24.02%, while FIVFX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSIEX Calvert Equity Fund	24.02%	22.97%	8.74%	1.79%	3.40%	3.56%	2.70%	2.87%	8.78%	8.10%	11.30%	25.62%
FIVFX Fidelity International Capital Appreciation Fund	0.00%	10.67%	4.19%	0.38%	0.05%	9.08%	1.28%	3.29%	3.00%	2.99%	0.68%	1.57%

Frequently Asked Questions

Can I hold both CSIEX and FIVFX in my portfolio?

CSIEX and FIVFX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.