CTRIX vs. CIHEX
Compare and contrast key facts about Calamos Total Return Bond Fund (CTRIX) and Calamos Hedged Equity Fund (CIHEX).
CTRIX is managed by Calamos. It was launched on Jun 27, 2007. CIHEX is managed by Calamos. It was launched on Dec 30, 2014.
Performance
CTRIX vs. CIHEX - Performance Comparison
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CTRIX vs. CIHEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CTRIX Calamos Total Return Bond Fund | -0.63% | 7.31% | 1.49% | 4.78% | -12.91% | -1.27% | 6.97% | 9.24% | -1.10% | 3.32% |
CIHEX Calamos Hedged Equity Fund | -3.54% | 11.36% | 14.96% | 15.88% | -11.11% | 13.31% | 9.66% | 14.47% | 0.87% | 8.37% |
Returns By Period
In the year-to-date period, CTRIX achieves a -0.63% return, which is significantly higher than CIHEX's -3.54% return. Over the past 10 years, CTRIX has underperformed CIHEX with an annualized return of 1.59%, while CIHEX has yielded a comparatively higher 7.62% annualized return.
CTRIX
- 1D
- 0.45%
- 1M
- -2.28%
- YTD
- -0.63%
- 6M
- 0.38%
- 1Y
- 3.87%
- 3Y*
- 3.32%
- 5Y*
- 0.13%
- 10Y*
- 1.59%
CIHEX
- 1D
- -0.16%
- 1M
- -3.74%
- YTD
- -3.54%
- 6M
- -1.87%
- 1Y
- 9.82%
- 3Y*
- 11.06%
- 5Y*
- 6.85%
- 10Y*
- 7.62%
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CTRIX vs. CIHEX - Expense Ratio Comparison
CTRIX has a 0.65% expense ratio, which is lower than CIHEX's 0.91% expense ratio.
Return for Risk
CTRIX vs. CIHEX — Risk / Return Rank
CTRIX
CIHEX
CTRIX vs. CIHEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Total Return Bond Fund (CTRIX) and Calamos Hedged Equity Fund (CIHEX). 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.
| CTRIX | CIHEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 1.11 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.45 | 1.66 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.24 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.57 | +0.25 |
Martin ratioReturn relative to average drawdown | 5.48 | 7.09 | -1.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CTRIX | CIHEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 1.11 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.76 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.82 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.73 | -0.23 |
Correlation
The correlation between CTRIX and CIHEX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
CTRIX vs. CIHEX - Dividend Comparison
CTRIX's dividend yield for the trailing twelve months is around 3.60%, more than CIHEX's 0.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTRIX Calamos Total Return Bond Fund | 3.60% | 3.90% | 3.63% | 2.61% | 2.71% | 3.46% | 2.42% | 2.79% | 2.89% | 3.29% | 2.76% | 4.68% |
CIHEX Calamos Hedged Equity Fund | 0.34% | 0.33% | 0.46% | 0.69% | 0.73% | 0.44% | 1.03% | 0.99% | 3.16% | 0.85% | 1.29% | 1.69% |
Drawdowns
CTRIX vs. CIHEX - Drawdown Comparison
The maximum CTRIX drawdown since its inception was -17.84%, roughly equal to the maximum CIHEX drawdown of -17.80%. Use the drawdown chart below to compare losses from any high point for CTRIX and CIHEX.
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Drawdown Indicators
| CTRIX | CIHEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.84% | -17.80% | -0.04% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -5.82% | +3.11% |
Max Drawdown (5Y)Largest decline over 5 years | -17.84% | -15.77% | -2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -17.84% | -17.80% | -0.04% |
Current DrawdownCurrent decline from peak | -2.63% | -4.68% | +2.05% |
Average DrawdownAverage peak-to-trough decline | -3.04% | -2.34% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 1.29% | -0.39% |
Volatility
CTRIX vs. CIHEX - Volatility Comparison
The current volatility for Calamos Total Return Bond Fund (CTRIX) is 1.64%, while Calamos Hedged Equity Fund (CIHEX) has a volatility of 2.12%. This indicates that CTRIX experiences smaller price fluctuations and is considered to be less risky than CIHEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CTRIX | CIHEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 2.12% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 2.52% | 4.79% | -2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.35% | 9.19% | -4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.51% | 9.10% | -3.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.57% | 9.36% | -4.79% |