DFRTX vs. CFOIX

Last updated Jun 4, 2026

DFRTX (DWS Floating Rate Fund) and CFOIX (Calvert Floating-Rate Advantage Fund) are both Bank Loan funds. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.78% expense ratio.

Performance

DFRTX vs. CFOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Floating Rate Fund (DFRTX) and Calvert Floating-Rate Advantage Fund (CFOIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DFRTX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CFOIX

• 1D: 0.00%
• 1M: 0.01%
• YTD: -0.04%
• 6M: 0.01%
• 1Y: 3.05%
• 3Y*: 6.66%
• 5Y*: 4.30%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFRTX vs. CFOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DFRTX DWS Floating Rate Fund	0.51%	3.50%	7.82%	11.54%	-1.54%	3.85%	1.12%	8.66%	-1.35%
CFOIX Calvert Floating-Rate Advantage Fund	-0.04%	3.48%	8.92%	12.09%	-4.21%	4.37%	0.62%	9.36%	-2.14%

Correlation

The correlation between DFRTX and CFOIX is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Mar 1, 2018	0.54

Over the past year, the correlation between DFRTX and CFOIX has dropped to 0.08 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Return for Risk

DFRTX vs. CFOIX — Risk / Return Rank

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

CFOIX

CFOIX Risk / Return Rank: 60
CFOIX Sharpe Ratio Rank: 30
CFOIX Sortino Ratio Rank: 68
CFOIX Omega Ratio Rank: 83
CFOIX Calmar Ratio Rank: 77
CFOIX Martin Ratio Rank: 41

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.

DFRTX vs. CFOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Floating Rate Fund (DFRTX) and Calvert Floating-Rate Advantage Fund (CFOIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DFRTX	CFOIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.57	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.80	—

Drawdowns

Drawdown Indicators

	DFRTX	CFOIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-22.38%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.93%	—
Current Drawdown Current decline from peak	—	-0.27%	—
Average Drawdown Average peak-to-trough decline	—	-1.30%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.35%	—

Volatility

Volatility by Period

	DFRTX	CFOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.39%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.95%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.06%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.75%	—

DFRTX vs. CFOIX - Expense Ratio Comparison

Both DFRTX and CFOIX have an expense ratio of 0.78%.

Dividends

DFRTX vs. CFOIX - Dividend Comparison

DFRTX's dividend yield for the trailing twelve months is around 4.84%, less than CFOIX's 5.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFOIX Calvert Floating-Rate Advantage Fund	5.89%	6.88%	8.62%	7.42%	5.02%	3.96%	4.23%	5.05%	4.20%	0.00%	0.00%	0.00%
DFRTX DWS Floating Rate Fund	4.84%	6.04%	8.77%	8.33%	4.36%	3.41%	3.84%	4.90%	4.30%	4.49%	4.86%	4.73%

Frequently Asked Questions

Can I hold both DFRTX and CFOIX in my portfolio?

DFRTX and CFOIX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.