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CXGCX vs. CHYDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CXGCX vs. CHYDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Global Convertible Fund (CXGCX) and Calamos High Income Opportunities Fund (CHYDX). The values are adjusted to include any dividend payments, if applicable.

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CXGCX vs. CHYDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CXGCX
Calamos Global Convertible Fund
0.50%18.49%10.98%13.48%-22.06%-0.31%38.60%15.18%-2.76%14.25%
CHYDX
Calamos High Income Opportunities Fund
-0.47%6.72%7.78%12.26%-10.35%6.44%4.78%14.29%-4.30%6.05%

Returns By Period

In the year-to-date period, CXGCX achieves a 0.50% return, which is significantly higher than CHYDX's -0.47% return. Over the past 10 years, CXGCX has outperformed CHYDX with an annualized return of 8.00%, while CHYDX has yielded a comparatively lower 5.12% annualized return.


CXGCX

1D
1.62%
1M
-3.22%
YTD
0.50%
6M
-0.55%
1Y
16.80%
3Y*
12.58%
5Y*
2.75%
10Y*
8.00%

CHYDX

1D
0.00%
1M
-1.29%
YTD
-0.47%
6M
0.54%
1Y
5.27%
3Y*
7.81%
5Y*
3.67%
10Y*
5.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CXGCX vs. CHYDX - Expense Ratio Comparison

CXGCX has a 1.03% expense ratio, which is higher than CHYDX's 1.00% expense ratio.


Return for Risk

CXGCX vs. CHYDX — Risk / Return Rank

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

CXGCX
CXGCX Risk / Return Rank: 8181
Overall Rank
CXGCX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
CXGCX Sortino Ratio Rank: 8282
Sortino Ratio Rank
CXGCX Omega Ratio Rank: 7474
Omega Ratio Rank
CXGCX Calmar Ratio Rank: 8989
Calmar Ratio Rank
CXGCX Martin Ratio Rank: 7979
Martin Ratio Rank

CHYDX
CHYDX Risk / Return Rank: 8484
Overall Rank
CHYDX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
CHYDX Sortino Ratio Rank: 8888
Sortino Ratio Rank
CHYDX Omega Ratio Rank: 9191
Omega Ratio Rank
CHYDX Calmar Ratio Rank: 7373
Calmar Ratio Rank
CHYDX Martin Ratio Rank: 8080
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.

CXGCX vs. CHYDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Global Convertible Fund (CXGCX) and Calamos High Income Opportunities Fund (CHYDX). 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.


CXGCXCHYDXDifference

Sharpe ratio

Return per unit of total volatility

1.62

1.81

-0.19

Sortino ratio

Return per unit of downside risk

2.26

2.50

-0.23

Omega ratio

Gain probability vs. loss probability

1.30

1.43

-0.13

Calmar ratio

Return relative to maximum drawdown

2.62

1.84

+0.78

Martin ratio

Return relative to average drawdown

8.73

8.54

+0.19

CXGCX vs. CHYDX - Sharpe Ratio Comparison

The current CXGCX Sharpe Ratio is 1.62, which is comparable to the CHYDX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of CXGCX and CHYDX, 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


CXGCXCHYDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.62

1.81

-0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.29

0.91

-0.62

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

1.03

-0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.75

1.04

-0.29

Correlation

The correlation between CXGCX and CHYDX is 0.57, 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

CXGCX vs. CHYDX - Dividend Comparison

CXGCX's dividend yield for the trailing twelve months is around 5.19%, less than CHYDX's 5.74% yield.


TTM20252024202320222021202020192018201720162015
CXGCX
Calamos Global Convertible Fund
5.19%5.15%0.00%0.39%0.00%14.77%8.19%2.36%5.75%3.73%2.22%1.30%
CHYDX
Calamos High Income Opportunities Fund
5.74%6.39%6.30%6.28%5.47%4.48%5.26%5.85%6.62%4.87%4.94%5.43%

Drawdowns

CXGCX vs. CHYDX - Drawdown Comparison

The maximum CXGCX drawdown since its inception was -30.74%, smaller than the maximum CHYDX drawdown of -35.03%. Use the drawdown chart below to compare losses from any high point for CXGCX and CHYDX.


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Drawdown Indicators


CXGCXCHYDXDifference

Max Drawdown

Largest peak-to-trough decline

-30.74%

-35.03%

+4.29%

Max Drawdown (1Y)

Largest decline over 1 year

-6.16%

-2.85%

-3.31%

Max Drawdown (5Y)

Largest decline over 5 years

-28.88%

-13.66%

-15.22%

Max Drawdown (10Y)

Largest decline over 10 years

-30.74%

-23.35%

-7.39%

Current Drawdown

Current decline from peak

-4.02%

-1.60%

-2.42%

Average Drawdown

Average peak-to-trough decline

-7.36%

-2.78%

-4.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.85%

0.61%

+1.24%

Volatility

CXGCX vs. CHYDX - Volatility Comparison

Calamos Global Convertible Fund (CXGCX) has a higher volatility of 4.15% compared to Calamos High Income Opportunities Fund (CHYDX) at 1.04%. This indicates that CXGCX's price experiences larger fluctuations and is considered to be riskier than CHYDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CXGCXCHYDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.15%

1.04%

+3.11%

Volatility (6M)

Calculated over the trailing 6-month period

8.03%

1.60%

+6.43%

Volatility (1Y)

Calculated over the trailing 1-year period

10.53%

3.00%

+7.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.58%

4.05%

+5.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.46%

4.96%

+4.50%