CVLOX vs. FNGAX
Compare and contrast key facts about Calamos Global Opportunities Fund (CVLOX) and Franklin International Growth Fund Class A (FNGAX).
CVLOX is managed by Calamos. It was launched on Sep 8, 1996. FNGAX is managed by Franklin Templeton. It was launched on Jun 3, 2008.
Performance
CVLOX vs. FNGAX - Performance Comparison
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CVLOX vs. FNGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVLOX Calamos Global Opportunities Fund | -3.11% | 15.84% | 23.81% | 13.88% | -22.17% | 15.72% | 31.76% | 18.28% | -9.88% | 20.04% |
FNGAX Franklin International Growth Fund Class A | -12.38% | 10.48% | 0.37% | 15.00% | -32.05% | 1.17% | 32.56% | 36.91% | -14.53% | 36.80% |
Returns By Period
In the year-to-date period, CVLOX achieves a -3.11% return, which is significantly higher than FNGAX's -12.38% return. Over the past 10 years, CVLOX has outperformed FNGAX with an annualized return of 9.43%, while FNGAX has yielded a comparatively lower 5.22% annualized return.
CVLOX
- 1D
- -1.03%
- 1M
- -8.99%
- YTD
- -3.11%
- 6M
- -3.98%
- 1Y
- 17.04%
- 3Y*
- 14.25%
- 5Y*
- 6.56%
- 10Y*
- 9.43%
FNGAX
- 1D
- 0.26%
- 1M
- -12.54%
- YTD
- -12.38%
- 6M
- -14.22%
- 1Y
- -1.17%
- 3Y*
- -0.16%
- 5Y*
- -4.59%
- 10Y*
- 5.22%
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CVLOX vs. FNGAX - Expense Ratio Comparison
CVLOX has a 1.22% expense ratio, which is higher than FNGAX's 1.12% expense ratio.
Return for Risk
CVLOX vs. FNGAX — Risk / Return Rank
CVLOX
FNGAX
CVLOX vs. FNGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Global Opportunities Fund (CVLOX) and Franklin International Growth Fund Class A (FNGAX). 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.
| CVLOX | FNGAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | -0.13 | +1.26 |
Sortino ratioReturn per unit of downside risk | 1.58 | -0.04 | +1.62 |
Omega ratioGain probability vs. loss probability | 1.22 | 0.99 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.55 | -0.25 | +1.80 |
Martin ratioReturn relative to average drawdown | 5.75 | -0.87 | +6.62 |
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
| CVLOX | FNGAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | -0.13 | +1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | -0.22 | +0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.26 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.17 | +0.38 |
Correlation
The correlation between CVLOX and FNGAX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CVLOX vs. FNGAX - Dividend Comparison
CVLOX's dividend yield for the trailing twelve months is around 9.37%, more than FNGAX's 3.72% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVLOX Calamos Global Opportunities Fund | 9.37% | 9.10% | 8.15% | 0.61% | 0.00% | 5.71% | 6.11% | 1.28% | 12.65% | 6.04% | 0.68% | 1.28% |
FNGAX Franklin International Growth Fund Class A | 3.72% | 3.36% | 1.86% | 0.00% | 1.75% | 1.80% | 2.22% | 0.13% | 1.94% | 1.31% | 0.53% | 0.01% |
Drawdowns
CVLOX vs. FNGAX - Drawdown Comparison
The maximum CVLOX drawdown since its inception was -46.61%, smaller than the maximum FNGAX drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for CVLOX and FNGAX.
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Drawdown Indicators
| CVLOX | FNGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.61% | -53.35% | +6.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.85% | -17.35% | +7.50% |
Max Drawdown (5Y)Largest decline over 5 years | -29.97% | -47.24% | +17.27% |
Max Drawdown (10Y)Largest decline over 10 years | -29.97% | -47.24% | +17.27% |
Current DrawdownCurrent decline from peak | -9.85% | -30.82% | +20.97% |
Average DrawdownAverage peak-to-trough decline | -9.04% | -14.07% | +5.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 4.90% | -2.25% |
Volatility
CVLOX vs. FNGAX - Volatility Comparison
The current volatility for Calamos Global Opportunities Fund (CVLOX) is 6.18%, while Franklin International Growth Fund Class A (FNGAX) has a volatility of 6.52%. This indicates that CVLOX experiences smaller price fluctuations and is considered to be less risky than FNGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVLOX | FNGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.18% | 6.52% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 12.33% | -1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.88% | 19.71% | -4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 21.19% | -6.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.60% | 20.18% | -5.58% |