CYBIX vs. CDSRX
CYBIX (Calvert High Yield Bond Fund) and CDSRX (Calvert Short Duration Income Fund Class R6) are both mutual funds - CYBIX is a High Yield Bonds fund managed by Calvert, while CDSRX is a Short-Term Bond fund managed by Calvert. Over the past 5 years, CYBIX returned 2.52%/yr vs 2.74%/yr for CDSRX. Their 0.52 correlation means they have sometimes moved together and sometimes differently. CYBIX charges 0.76%/yr vs 0.45%/yr for CDSRX.
Performance
CYBIX vs. CDSRX - Performance Comparison
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Returns By Period
In the year-to-date period, CYBIX achieves a 0.40% return, which is significantly lower than CDSRX's 0.69% return.
CYBIX
- 1D
- 0.17%
- 1M
- -0.82%
- 6M
- 0.15%
- YTD
- 0.40%
- 1Y
- 3.63%
- 3Y*
- 6.31%
- 5Y*
- 2.52%
- 10Y*
- 3.97%
- ALL TIME*
- 5.04%
CDSRX
- 1D
- 0.06%
- 1M
- -0.38%
- 6M
- 0.24%
- YTD
- 0.69%
- 1Y
- 3.01%
- 3Y*
- 5.45%
- 5Y*
- 2.74%
- 10Y*
- —
- ALL TIME*
- 3.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CYBIX vs. CDSRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CYBIX Calvert High Yield Bond Fund | 0.40% | 7.73% | 6.70% | 10.02% | -11.50% | 3.66% | 5.46% | 8.33% |
CDSRX Calvert Short Duration Income Fund Class R6 | 0.69% | 6.35% | 5.74% | 6.87% | -5.07% | 1.20% | 4.82% | 4.87% |
Correlation
The correlation between CYBIX and CDSRX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019 | 0.52 |
The correlation between CYBIX and CDSRX has been stable across timeframes, ranging from 0.52 to 0.58 - a consistent structural relationship.
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Return for Risk
CYBIX vs. CDSRX — Risk / Return Rank
CYBIX
CDSRX
CYBIX vs. CDSRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert High Yield Bond Fund (CYBIX) and Calvert Short Duration Income Fund Class R6 (CDSRX). 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.
| CYBIX | CDSRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.40 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.49 | -0.93 |
| Martin ratioReturn relative to average drawdown | 7.76 | 9.47 | -1.71 |
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Drawdowns
CYBIX vs. CDSRX - Drawdown Comparison
The maximum CYBIX drawdown since its inception was -32.13%, which is greater than CDSRX's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for CYBIX and CDSRX.
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Drawdown Indicators
| CYBIX | CDSRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.13% | -9.96% | -22.17% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -1.56% | -1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -3.29% | -1.56% | -1.73% |
Max Drawdown (5Y)Largest decline over 5 years | -14.95% | -7.91% | -7.04% |
Max Drawdown (10Y)Largest decline over 10 years | -17.55% | — | — |
Current DrawdownCurrent decline from peak | -0.94% | -0.44% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -3.33% | -1.35% | -1.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 0.41% | +0.11% |
Volatility
CYBIX vs. CDSRX - Volatility Comparison
Calvert High Yield Bond Fund (CYBIX) has a higher volatility of 0.69% compared to Calvert Short Duration Income Fund Class R6 (CDSRX) at 0.46%. This indicates that CYBIX's price experiences larger fluctuations and is considered to be riskier than CDSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CYBIX | CDSRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.69% | 0.46% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 2.58% | 1.64% | +0.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.11% | 2.11% | +1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.57% | 2.44% | +2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.60% | 2.64% | +1.96% |
CYBIX vs. CDSRX - Expense Ratio Comparison
CYBIX has a 0.76% expense ratio, which is higher than CDSRX's 0.45% expense ratio.
Dividends
CYBIX vs. CDSRX - Dividend Comparison
CYBIX's dividend yield for the trailing twelve months is around 5.39%, more than CDSRX's 4.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDSRX Calvert Short Duration Income Fund Class R6 | 4.27% | 4.55% | 4.98% | 3.52% | 2.21% | 2.56% | 2.88% | 2.75% | 0.00% | 0.00% | 0.00% | 0.00% |
CYBIX Calvert High Yield Bond Fund | 5.39% | 5.44% | 5.25% | 4.47% | 4.12% | 4.22% | 4.49% | 4.98% | 5.20% | 4.92% | 5.51% | 5.78% |
Frequently Asked Questions
CYBIX and CDSRX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CYBIX has higher volatility (0.69%) compared to CDSRX (0.46%). In terms of maximum drawdown, CYBIX dropped -32.13% vs CDSRX's -9.96%.
CDSRX currently has the higher Sharpe Ratio (1.85 vs 1.31), 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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