CSIFX vs. AYBLX
CSIFX (Calvert Balanced Fund) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, CSIFX returned 9.62%/yr vs 10.67%/yr for AYBLX. Their correlation of 0.90 suggests significant overlap in exposure. CSIFX charges 0.91%/yr vs 0.65%/yr for AYBLX.
Performance
CSIFX vs. AYBLX - Performance Comparison
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Returns By Period
In the year-to-date period, CSIFX achieves a 3.16% return, which is significantly lower than AYBLX's 13.99% return. Over the past 10 years, CSIFX has underperformed AYBLX with an annualized return of 9.62%, while AYBLX has yielded a comparatively higher 10.67% annualized return.
CSIFX
- 1D
- -0.43%
- 1M
- 0.08%
- YTD
- 3.16%
- 6M
- 2.75%
- 1Y
- 12.60%
- 3Y*
- 13.89%
- 5Y*
- 7.42%
- 10Y*
- 9.62%
AYBLX
- 1D
- -0.21%
- 1M
- 1.64%
- YTD
- 13.99%
- 6M
- 13.54%
- 1Y
- 32.24%
- 3Y*
- 17.53%
- 5Y*
- 9.58%
- 10Y*
- 10.67%
CSIFX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSIFX Calvert Balanced Fund | 3.16% | 11.32% | 18.96% | 16.35% | -15.33% | 14.30% | 15.43% | 23.71% | -2.75% | 10.72% |
AYBLX Pioneer Balanced ESG Fund | 13.99% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between CSIFX and AYBLX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 1997 | 0.90 |
The correlation between CSIFX and AYBLX has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
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Return for Risk
CSIFX vs. AYBLX — Risk / Return Rank
CSIFX
AYBLX
CSIFX vs. AYBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Balanced Fund (CSIFX) and Pioneer Balanced ESG Fund (AYBLX). 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.
| CSIFX | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.62 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 5.16 | -3.49 |
| Martin ratioReturn relative to average drawdown | 7.16 | 24.00 | -16.84 |
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Drawdowns
CSIFX vs. AYBLX - Drawdown Comparison
The maximum CSIFX drawdown since its inception was -38.68%, which is greater than AYBLX's maximum drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for CSIFX and AYBLX.
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Drawdown Indicators
| CSIFX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.68% | -36.28% | -2.40% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | -6.41% | -1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -11.86% | -13.39% | +1.53% |
Max Drawdown (5Y)Largest decline over 5 years | -19.95% | -20.26% | +0.31% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -24.24% | +0.47% |
Current DrawdownCurrent decline from peak | -0.92% | -0.52% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -3.78% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 1.38% | +0.48% |
Volatility
CSIFX vs. AYBLX - Volatility Comparison
The current volatility for Calvert Balanced Fund (CSIFX) is 3.38%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 3.63%. This indicates that CSIFX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSIFX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 3.63% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.30% | 7.83% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.97% | 9.95% | -0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.96% | 11.13% | -0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.11% | 11.33% | -0.22% |
CSIFX vs. AYBLX - Expense Ratio Comparison
CSIFX has a 0.91% expense ratio, which is higher than AYBLX's 0.65% expense ratio.
Dividends
CSIFX vs. AYBLX - Dividend Comparison
CSIFX's dividend yield for the trailing twelve months is around 4.33%, more than AYBLX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.24% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
CSIFX Calvert Balanced Fund | 4.33% | 4.76% | 5.23% | 2.37% | 2.32% | 7.61% | 2.43% | 3.45% | 5.25% | 7.41% | 2.68% | 12.56% |
Frequently Asked Questions
CSIFX and AYBLX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AYBLX has higher volatility (3.63%) compared to CSIFX (3.38%). In terms of maximum drawdown, CSIFX dropped -38.68% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (3.33 vs 1.49), 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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