CSIEX vs. VHCAX
CSIEX (Calvert Equity Fund) and VHCAX (Vanguard Capital Opportunity Fund Admiral Shares) are both Large Cap Growth Equities funds. Over the past 10 years, CSIEX returned 11.84%/yr vs 16.06%/yr for VHCAX. Their correlation of 0.86 means they have usually moved in the same direction. CSIEX charges 0.91%/yr vs 0.32%/yr for VHCAX.
Performance
CSIEX vs. VHCAX - Performance Comparison
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Returns By Period
In the year-to-date period, CSIEX achieves a -4.38% return, which is significantly lower than VHCAX's 20.22% return. Over the past 10 years, CSIEX has underperformed VHCAX with an annualized return of 11.84%, while VHCAX has yielded a comparatively higher 16.06% annualized return.
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%
VHCAX
- 1D
- 3.32%
- 1M
- -3.88%
- 6M
- 14.40%
- YTD
- 20.22%
- 1Y
- 43.40%
- 3Y*
- 22.31%
- 5Y*
- 12.77%
- 10Y*
- 16.06%
- ALL TIME*
- 12.49%
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 |
| $0.00 | $0.00 | $0.00 |
CSIEX vs. VHCAX - 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% |
VHCAX Vanguard Capital Opportunity Fund Admiral Shares | 20.22% | 25.83% | 14.07% | 25.63% | -17.56% | 20.92% | 22.83% | 27.30% | -3.71% | 28.37% |
Correlation
The correlation between CSIEX and VHCAX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001 | 0.86 |
Over the past year, the correlation between CSIEX and VHCAX has dropped to 0.30 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.
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Return for Risk
CSIEX vs. VHCAX — Risk / Return Rank
CSIEX
VHCAX
CSIEX vs. VHCAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Equity Fund (CSIEX) and Vanguard Capital Opportunity Fund Admiral Shares (VHCAX). 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 | VHCAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.35 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 3.22 | -3.43 |
| Martin ratioReturn relative to average drawdown | -0.41 | 11.81 | -12.22 |
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Drawdowns
CSIEX vs. VHCAX - Drawdown Comparison
The maximum CSIEX drawdown since its inception was -50.81%, smaller than the maximum VHCAX drawdown of -54.27%. Use the drawdown chart below to compare losses from any high point for CSIEX and VHCAX.
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Drawdown Indicators
| CSIEX | VHCAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.81% | -54.27% | +3.46% |
Max Drawdown (1Y)Largest decline over 1 year | -14.28% | -12.42% | -1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -14.87% | -23.92% | +9.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.71% | -27.55% | +1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -30.50% | -33.78% | +3.28% |
Current DrawdownCurrent decline from peak | -6.68% | -7.92% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -8.37% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.25% | 3.39% | +3.86% |
Volatility
CSIEX vs. VHCAX - Volatility Comparison
The current volatility for Calvert Equity Fund (CSIEX) is 5.58%, while Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) has a volatility of 6.80%. This indicates that CSIEX experiences smaller price fluctuations and is considered to be less risky than VHCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSIEX | VHCAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 6.80% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.19% | 17.10% | -5.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.72% | 20.13% | -6.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 20.35% | -3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.22% | 20.49% | -3.27% |
CSIEX vs. VHCAX - Expense Ratio Comparison
CSIEX has a 0.91% expense ratio, which is higher than VHCAX's 0.32% expense ratio.
Dividends
CSIEX vs. VHCAX - Dividend Comparison
CSIEX's dividend yield for the trailing twelve months is around 24.02%, more than VHCAX's 8.08% yield.
| 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% |
VHCAX Vanguard Capital Opportunity Fund Admiral Shares | 8.08% | 9.71% | 8.24% | 2.40% | 9.35% | 10.55% | 9.19% | 6.48% | 12.23% | 3.87% | 5.74% | 5.39% |
Frequently Asked Questions
CSIEX and VHCAX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VHCAX has higher volatility (6.80%) compared to CSIEX (5.58%). In terms of maximum drawdown, CSIEX dropped -50.81% vs VHCAX's -54.27%.
VHCAX currently has the higher Sharpe Ratio (1.99 vs -0.22), 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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