CVLVX vs. CHDEX
CVLVX (Cullen Value Fund) and CHDEX (Cullen High Dividend Equity Fund) are both Large Cap Value Equities funds from Cullen. Over the past 10 years, CVLVX returned 11.06%/yr vs 9.95%/yr for CHDEX. Their correlation of 0.93 means they have usually moved in the same direction. CVLVX charges 0.75%/yr vs 1.00%/yr for CHDEX.
Performance
CVLVX vs. CHDEX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CVLVX achieves a 19.89% return, which is significantly higher than CHDEX's 13.81% return. Over the past 10 years, CVLVX has outperformed CHDEX with an annualized return of 11.06%, while CHDEX has yielded a comparatively lower 9.95% annualized return.
CVLVX
- 1D
- 0.11%
- 1M
- 1.20%
- 6M
- 14.51%
- YTD
- 19.89%
- 1Y
- 32.78%
- 3Y*
- 16.57%
- 5Y*
- 10.24%
- 10Y*
- 11.06%
- ALL TIME*
- 10.97%
CHDEX
- 1D
- 0.00%
- 1M
- 2.19%
- 6M
- 8.83%
- YTD
- 13.81%
- 1Y
- 24.12%
- 3Y*
- 17.70%
- 5Y*
- 11.13%
- 10Y*
- 9.95%
- ALL TIME*
- 9.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
CVLVX Cullen Value Fund | $0.00 | $0.00 | $0.00 |
CVLVX vs. CHDEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVLVX Cullen Value Fund | 19.89% | 20.10% | 9.71% | 5.53% | -6.37% | 20.49% | 2.06% | 24.86% | -4.89% | 17.93% |
CHDEX Cullen High Dividend Equity Fund | 13.81% | 18.04% | 20.77% | 2.76% | -4.50% | 26.34% | -4.36% | 19.69% | -5.40% | 16.79% |
Correlation
The correlation between CVLVX and CHDEX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.93 |
The correlation between CVLVX and CHDEX shifts across timeframes, from 0.83 (1 year) to 0.94 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CVLVX vs. CHDEX — Risk / Return Rank
CVLVX
CHDEX
CVLVX vs. CHDEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cullen Value Fund (CVLVX) and Cullen High Dividend Equity Fund (CHDEX). 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.
| CVLVX | CHDEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.44 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.22 | 3.65 | +0.58 |
| Martin ratioReturn relative to average drawdown | 16.37 | 13.26 | +3.11 |
Loading charts...
Drawdowns
CVLVX vs. CHDEX - Drawdown Comparison
The maximum CVLVX drawdown since its inception was -35.99%, smaller than the maximum CHDEX drawdown of -49.12%. Use the drawdown chart below to compare losses from any high point for CVLVX and CHDEX.
Loading charts...
Drawdown Indicators
| CVLVX | CHDEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -49.12% | +13.13% |
Max Drawdown (1Y)Largest decline over 1 year | -7.52% | -6.45% | -1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -16.32% | -12.90% | -3.42% |
Max Drawdown (5Y)Largest decline over 5 years | -20.69% | -18.57% | -2.12% |
Max Drawdown (10Y)Largest decline over 10 years | -35.99% | -37.04% | +1.05% |
Current DrawdownCurrent decline from peak | -0.70% | -1.22% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -6.71% | +2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 1.77% | +0.17% |
Volatility
CVLVX vs. CHDEX - Volatility Comparison
Cullen Value Fund (CVLVX) and Cullen High Dividend Equity Fund (CHDEX) have volatilities of 3.07% and 3.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CVLVX | CHDEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.07% | 3.08% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 7.16% | +1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.82% | 9.51% | +2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 14.05% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.44% | 16.08% | +0.36% |
CVLVX vs. CHDEX - Expense Ratio Comparison
CVLVX has a 0.75% expense ratio, which is lower than CHDEX's 1.00% expense ratio.
Dividends
CVLVX vs. CHDEX - Dividend Comparison
CVLVX's dividend yield for the trailing twelve months is around 3.53%, less than CHDEX's 13.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHDEX Cullen High Dividend Equity Fund | 13.39% | 15.18% | 25.41% | 12.44% | 7.46% | 10.89% | 11.08% | 6.24% | 14.14% | 9.93% | 5.24% | 5.05% |
CVLVX Cullen Value Fund | 3.53% | 3.43% | 4.92% | 9.40% | 6.48% | 11.24% | 16.67% | 13.16% | 1.68% | 7.81% | 4.07% | 3.03% |
Frequently Asked Questions
CVLVX and CHDEX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHDEX has higher volatility (3.08%) compared to CVLVX (3.07%). In terms of maximum drawdown, CVLVX dropped -35.99% vs CHDEX's -49.12%.
CVLVX currently has the higher Sharpe Ratio (2.70 vs 2.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CVLVX and CHDEX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer