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CVLOX vs. NRIIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CVLOX vs. NRIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Global Opportunities Fund (CVLOX) and Nuveen Real Asset Income Fund (NRIIX). The values are adjusted to include any dividend payments, if applicable.

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CVLOX vs. NRIIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
NRIIX
Nuveen Real Asset Income Fund
1.42%12.55%7.56%10.38%-11.50%10.58%-3.45%22.74%-6.10%12.39%

Returns By Period

In the year-to-date period, CVLOX achieves a -3.11% return, which is significantly lower than NRIIX's 1.42% return. Over the past 10 years, CVLOX has outperformed NRIIX with an annualized return of 9.43%, while NRIIX has yielded a comparatively lower 5.74% 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%

NRIIX

1D
0.18%
1M
-4.73%
YTD
1.42%
6M
2.69%
1Y
10.31%
3Y*
9.83%
5Y*
5.29%
10Y*
5.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CVLOX vs. NRIIX - Expense Ratio Comparison

CVLOX has a 1.22% expense ratio, which is higher than NRIIX's 0.91% expense ratio.


Return for Risk

CVLOX vs. NRIIX — Risk / Return Rank

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

CVLOX
CVLOX Risk / Return Rank: 6262
Overall Rank
CVLOX Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
CVLOX Sortino Ratio Rank: 6161
Sortino Ratio Rank
CVLOX Omega Ratio Rank: 5757
Omega Ratio Rank
CVLOX Calmar Ratio Rank: 6767
Calmar Ratio Rank
CVLOX Martin Ratio Rank: 6060
Martin Ratio Rank

NRIIX
NRIIX Risk / Return Rank: 8181
Overall Rank
NRIIX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
NRIIX Sortino Ratio Rank: 8181
Sortino Ratio Rank
NRIIX Omega Ratio Rank: 8080
Omega Ratio Rank
NRIIX Calmar Ratio Rank: 7979
Calmar Ratio Rank
NRIIX Martin Ratio Rank: 8383
Martin Ratio Rank
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.

CVLOX vs. NRIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Global Opportunities Fund (CVLOX) and Nuveen Real Asset Income Fund (NRIIX). 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.


CVLOXNRIIXDifference

Sharpe ratio

Return per unit of total volatility

1.13

1.57

-0.44

Sortino ratio

Return per unit of downside risk

1.58

2.06

-0.48

Omega ratio

Gain probability vs. loss probability

1.22

1.31

-0.09

Calmar ratio

Return relative to maximum drawdown

1.55

1.88

-0.33

Martin ratio

Return relative to average drawdown

5.75

8.33

-2.58

CVLOX vs. NRIIX - Sharpe Ratio Comparison

The current CVLOX Sharpe Ratio is 1.13, which is comparable to the NRIIX Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of CVLOX and NRIIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CVLOXNRIIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.13

1.57

-0.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.64

-0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.65

0.56

+0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.74

-0.19

Correlation

The correlation between CVLOX and NRIIX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

CVLOX vs. NRIIX - Dividend Comparison

CVLOX's dividend yield for the trailing twelve months is around 9.37%, more than NRIIX's 5.92% yield.


TTM20252024202320222021202020192018201720162015
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%
NRIIX
Nuveen Real Asset Income Fund
5.92%6.71%5.39%6.70%5.81%4.34%4.63%5.99%5.82%5.73%5.47%5.70%

Drawdowns

CVLOX vs. NRIIX - Drawdown Comparison

The maximum CVLOX drawdown since its inception was -46.61%, which is greater than NRIIX's maximum drawdown of -37.35%. Use the drawdown chart below to compare losses from any high point for CVLOX and NRIIX.


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Drawdown Indicators


CVLOXNRIIXDifference

Max Drawdown

Largest peak-to-trough decline

-46.61%

-37.35%

-9.26%

Max Drawdown (1Y)

Largest decline over 1 year

-9.85%

-5.74%

-4.11%

Max Drawdown (5Y)

Largest decline over 5 years

-29.97%

-18.44%

-11.53%

Max Drawdown (10Y)

Largest decline over 10 years

-29.97%

-37.35%

+7.38%

Current Drawdown

Current decline from peak

-9.85%

-4.73%

-5.12%

Average Drawdown

Average peak-to-trough decline

-9.04%

-3.68%

-5.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.65%

1.29%

+1.36%

Volatility

CVLOX vs. NRIIX - Volatility Comparison

Calamos Global Opportunities Fund (CVLOX) has a higher volatility of 6.18% compared to Nuveen Real Asset Income Fund (NRIIX) at 2.30%. This indicates that CVLOX's price experiences larger fluctuations and is considered to be riskier than NRIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CVLOXNRIIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.18%

2.30%

+3.88%

Volatility (6M)

Calculated over the trailing 6-month period

10.78%

4.03%

+6.75%

Volatility (1Y)

Calculated over the trailing 1-year period

14.88%

6.94%

+7.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.30%

8.37%

+5.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.60%

10.21%

+4.39%