CTRIX vs. CMNIX
Compare and contrast key facts about Calamos Total Return Bond Fund (CTRIX) and Calamos Market Neutral Income Fund Institutional Class (CMNIX).
CTRIX is managed by Calamos. It was launched on Jun 27, 2007. CMNIX is managed by Calamos. It was launched on May 10, 2000.
Performance
CTRIX vs. CMNIX - Performance Comparison
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CTRIX vs. CMNIX - 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% |
CMNIX Calamos Market Neutral Income Fund Institutional Class | -0.07% | 6.89% | 7.43% | 9.17% | -4.26% | 5.02% | 5.36% | 6.72% | 1.79% | 4.21% |
Returns By Period
In the year-to-date period, CTRIX achieves a -0.63% return, which is significantly lower than CMNIX's -0.07% return. Over the past 10 years, CTRIX has underperformed CMNIX with an annualized return of 1.59%, while CMNIX has yielded a comparatively higher 4.63% 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%
CMNIX
- 1D
- -0.06%
- 1M
- -0.95%
- YTD
- -0.07%
- 6M
- 1.40%
- 1Y
- 5.61%
- 3Y*
- 6.70%
- 5Y*
- 4.44%
- 10Y*
- 4.63%
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CTRIX vs. CMNIX - Expense Ratio Comparison
CTRIX has a 0.65% expense ratio, which is lower than CMNIX's 0.90% expense ratio.
Return for Risk
CTRIX vs. CMNIX — Risk / Return Rank
CTRIX
CMNIX
CTRIX vs. CMNIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Total Return Bond Fund (CTRIX) and Calamos Market Neutral Income Fund Institutional Class (CMNIX). 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 | CMNIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 1.64 | -0.62 |
Sortino ratioReturn per unit of downside risk | 1.45 | 2.45 | -1.00 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.52 | -0.33 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.02 | -0.21 |
Martin ratioReturn relative to average drawdown | 5.48 | 13.84 | -8.36 |
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 | CMNIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 1.64 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 1.29 | -1.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 1.28 | -0.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.36 | +0.14 |
Correlation
The correlation between CTRIX and CMNIX 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. CMNIX - Dividend Comparison
CTRIX's dividend yield for the trailing twelve months is around 3.60%, more than CMNIX's 1.75% 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% |
CMNIX Calamos Market Neutral Income Fund Institutional Class | 1.75% | 1.63% | 2.00% | 5.90% | 1.02% | 0.46% | 0.90% | 1.57% | 5.02% | 2.60% | 2.97% | 2.42% |
Drawdowns
CTRIX vs. CMNIX - Drawdown Comparison
The maximum CTRIX drawdown since its inception was -17.84%, smaller than the maximum CMNIX drawdown of -35.16%. Use the drawdown chart below to compare losses from any high point for CTRIX and CMNIX.
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Drawdown Indicators
| CTRIX | CMNIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.84% | -35.16% | +17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -2.71% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -17.84% | -7.52% | -10.32% |
Max Drawdown (10Y)Largest decline over 10 years | -17.84% | -8.12% | -9.72% |
Current DrawdownCurrent decline from peak | -2.63% | -1.02% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -3.04% | -7.20% | +4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 0.40% | +0.50% |
Volatility
CTRIX vs. CMNIX - Volatility Comparison
Calamos Total Return Bond Fund (CTRIX) has a higher volatility of 1.64% compared to Calamos Market Neutral Income Fund Institutional Class (CMNIX) at 0.77%. This indicates that CTRIX's price experiences larger fluctuations and is considered to be riskier than CMNIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CTRIX | CMNIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 0.77% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 2.52% | 1.33% | +1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.35% | 3.48% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.51% | 3.47% | +2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.57% | 3.63% | +0.94% |