CVTRX vs. RCTIX
CVTRX (Calamos Growth and Income Fund) and RCTIX (River Canyon Total Return Bond Fund) are both mutual funds - CVTRX is a Diversified Portfolio fund managed by Calamos, while RCTIX is a Short-Term Bond fund managed by River Canyon. Over the past 10 years, CVTRX returned 13.14%/yr vs 5.57%/yr for RCTIX. At a 0.14 correlation, their price movements are largely independent. CVTRX charges 1.05%/yr vs 0.89%/yr for RCTIX.
Performance
CVTRX vs. RCTIX - Performance Comparison
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Returns By Period
In the year-to-date period, CVTRX achieves a 11.44% return, which is significantly higher than RCTIX's 0.92% return. Over the past 10 years, CVTRX has outperformed RCTIX with an annualized return of 13.14%, while RCTIX has yielded a comparatively lower 5.57% annualized return.
CVTRX
- 1D
- 1.25%
- 1M
- 1.47%
- YTD
- 11.44%
- 6M
- 10.80%
- 1Y
- 27.71%
- 3Y*
- 19.00%
- 5Y*
- 11.52%
- 10Y*
- 13.14%
RCTIX
- 1D
- 0.10%
- 1M
- 0.71%
- YTD
- 0.92%
- 6M
- 1.17%
- 1Y
- 4.72%
- 3Y*
- 7.47%
- 5Y*
- 4.50%
- 10Y*
- 5.57%
CVTRX vs. RCTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVTRX Calamos Growth and Income Fund | 11.44% | 17.46% | 20.66% | 20.36% | -18.45% | 21.05% | 22.43% | 25.97% | -3.97% | 16.06% |
RCTIX River Canyon Total Return Bond Fund | 0.92% | 7.75% | 7.49% | 10.02% | -4.07% | 4.26% | 6.42% | 11.71% | 1.82% | 9.76% |
Correlation
The correlation between CVTRX and RCTIX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.14 |
The correlation between CVTRX and RCTIX shifts across timeframes, from 0.14 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CVTRX vs. RCTIX — Risk / Return Rank
CVTRX
RCTIX
CVTRX vs. RCTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Growth and Income Fund (CVTRX) and River Canyon Total Return Bond Fund (RCTIX). 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.
| CVTRX | RCTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.43 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 4.04 | -1.02 |
| Martin ratioReturn relative to average drawdown | 13.25 | 13.38 | -0.13 |
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Drawdowns
CVTRX vs. RCTIX - Drawdown Comparison
The maximum CVTRX drawdown since its inception was -44.13%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for CVTRX and RCTIX.
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Drawdown Indicators
| CVTRX | RCTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.13% | -10.89% | -33.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.14% | -1.20% | -7.94% |
Max Drawdown (3Y)Largest decline over 3 years | -16.45% | -1.48% | -14.97% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -6.17% | -17.13% |
Max Drawdown (10Y)Largest decline over 10 years | -28.20% | -10.89% | -17.31% |
Current DrawdownCurrent decline from peak | -0.52% | -0.20% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -5.17% | -1.08% | -4.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.08% | 0.36% | +1.72% |
Volatility
CVTRX vs. RCTIX - Volatility Comparison
Calamos Growth and Income Fund (CVTRX) has a higher volatility of 5.04% compared to River Canyon Total Return Bond Fund (RCTIX) at 0.78%. This indicates that CVTRX's price experiences larger fluctuations and is considered to be riskier than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVTRX | RCTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 0.78% | +4.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.07% | 1.84% | +8.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.50% | 2.32% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.96% | 2.50% | +12.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 3.74% | +11.69% |
CVTRX vs. RCTIX - Expense Ratio Comparison
CVTRX has a 1.05% expense ratio, which is higher than RCTIX's 0.89% expense ratio.
Dividends
CVTRX vs. RCTIX - Dividend Comparison
CVTRX's dividend yield for the trailing twelve months is around 6.56%, less than RCTIX's 7.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVTRX Calamos Growth and Income Fund | 6.56% | 7.38% | 4.83% | 4.18% | 4.02% | 5.52% | 3.22% | 3.56% | 8.61% | 7.21% | 7.31% | 6.96% |
RCTIX River Canyon Total Return Bond Fund | 7.26% | 7.31% | 7.89% | 8.50% | 5.98% | 3.02% | 5.97% | 4.97% | 3.30% | 4.89% | 2.16% | 0.00% |
Frequently Asked Questions
CVTRX and RCTIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVTRX has higher volatility (5.04%) compared to RCTIX (0.78%). In terms of maximum drawdown, CVTRX dropped -44.13% vs RCTIX's -10.89%.
CVTRX currently has the higher Sharpe Ratio (2.21 vs 2.10), 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.
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