CSIFX vs. CRFIX

Last updated Jun 25, 2026

CSIFX (Calvert Balanced Fund) and CRFIX (Calvert Focused Value Fund) are both mutual funds - CSIFX is a Diversified Portfolio fund managed by Calvert Research and Management, while CRFIX is a Large Cap Value Equities fund managed by Calvert Research and Management. A 0.74 correlation means they provide meaningful diversification when combined. CSIFX charges 0.91%/yr vs 0.74%/yr for CRFIX.

Performance

CSIFX vs. CRFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Balanced Fund (CSIFX) and Calvert Focused Value Fund (CRFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CSIFX

• 1D: -1.15%
• 1M: -1.07%
• YTD: 1.97%
• 6M: 1.30%
• 1Y: 10.25%
• 3Y*: 13.45%
• 5Y*: 7.10%
• 10Y*: 9.50%

CRFIX

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

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

CSIFX vs. CRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CSIFX Calvert Balanced Fund	1.97%	11.32%	18.96%	16.35%	-7.28%
CRFIX Calvert Focused Value Fund	11.46%	13.26%	12.24%	8.84%	-1.34%

Correlation

The correlation between CSIFX and CRFIX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022	0.74

The correlation between CSIFX and CRFIX has been stable across timeframes, ranging from 0.65 to 0.74 - a consistent structural relationship.

Return for Risk

CSIFX vs. CRFIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSIFX

CSIFX Risk / Return Rank: 25
CSIFX Sharpe Ratio Rank: 25
CSIFX Sortino Ratio Rank: 24
CSIFX Omega Ratio Rank: 24
CSIFX Calmar Ratio Rank: 20
CSIFX Martin Ratio Rank: 29

CRFIX

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSIFX vs. CRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Balanced Fund (CSIFX) and Calvert Focused Value Fund (CRFIX). 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	CRFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.26	—	—
Sortino ratio: Return per unit of downside risk	1.81	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.42	—	—
Martin ratio: Return relative to average drawdown	6.07	—	—

Drawdowns

Drawdown Indicators

	CSIFX	CRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.68%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.86%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.77%	—	—
Current Drawdown Current decline from peak	-2.06%	—	—
Average Drawdown Average peak-to-trough decline	-5.30%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	—	—

Volatility

Volatility by Period

	CSIFX	CRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.09%	—	—

CSIFX vs. CRFIX - Expense Ratio Comparison

CSIFX has a 0.91% expense ratio, which is higher than CRFIX's 0.74% expense ratio.

Dividends

CSIFX vs. CRFIX - Dividend Comparison

CSIFX's dividend yield for the trailing twelve months is around 4.38%, less than CRFIX's 5.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRFIX Calvert Focused Value Fund	5.18%	5.77%	4.37%	1.02%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CSIFX Calvert Balanced Fund	4.38%	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

Can I hold both CSIFX and CRFIX in my portfolio?

CSIFX and CRFIX 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.