EISIX vs. VCMDX

Last updated Jun 5, 2026

EISIX (Carillon ClariVest International Stock Fund) and VCMDX (Vanguard Commodity Strategy Fund Admiral Shares) are both mutual funds - EISIX is a Foreign Large Cap Equities fund managed by Carillon Family of Funds, while VCMDX is a Commodities fund managed by Vanguard. Over the past 5 years, EISIX returned 15.96%/yr vs 11.79%/yr for VCMDX. At a 0.31 correlation, their price movements are largely independent. EISIX charges 0.96%/yr vs 0.20%/yr for VCMDX.

Performance

EISIX vs. VCMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carillon ClariVest International Stock Fund (EISIX) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with EISIX having a 22.79% return and VCMDX slightly lower at 22.72%.

EISIX

• 1D: -0.84%
• 1M: 8.49%
• YTD: 22.79%
• 6M: 26.31%
• 1Y: 48.29%
• 3Y*: 29.02%
• 5Y*: 15.96%
• 10Y*: 12.17%

VCMDX

• 1D: -0.09%
• 1M: -1.78%
• YTD: 22.72%
• 6M: 22.31%
• 1Y: 34.78%
• 3Y*: 15.70%
• 5Y*: 11.79%
• 10Y*: —

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

EISIX vs. VCMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EISIX Carillon ClariVest International Stock Fund	22.79%	39.31%	14.86%	20.02%	-11.83%	17.84%	2.92%	6.00%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	22.72%	18.20%	5.27%	-7.45%	13.83%	34.82%	5.07%	2.74%

Correlation

The correlation between EISIX and VCMDX is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jun 27, 2019	0.31

Over the past year, the correlation between EISIX and VCMDX has dropped to 0.07 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.

Return for Risk

EISIX vs. VCMDX — Risk / Return Rank

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

EISIX

EISIX Risk / Return Rank: 85
EISIX Sharpe Ratio Rank: 91
EISIX Sortino Ratio Rank: 83
EISIX Omega Ratio Rank: 84
EISIX Calmar Ratio Rank: 84
EISIX Martin Ratio Rank: 84

VCMDX

VCMDX Risk / Return Rank: 69
VCMDX Sharpe Ratio Rank: 66
VCMDX Sortino Ratio Rank: 51
VCMDX Omega Ratio Rank: 59
VCMDX Calmar Ratio Rank: 91
VCMDX Martin Ratio Rank: 79

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.

EISIX vs. VCMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carillon ClariVest International Stock Fund (EISIX) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). 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.

	EISIX	VCMDX	Difference
Sharpe ratio: Return per unit of total volatility	3.08	2.39	+0.69
Sortino ratio: Return per unit of downside risk	4.00	3.03	+0.97
Omega ratio: Gain probability vs. loss probability	1.57	1.43	+0.15
Calmar ratio: Return relative to maximum drawdown	3.91	4.87	-0.96
Martin ratio: Return relative to average drawdown	15.55	14.80	+0.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EISIX vs. VCMDX - Sharpe Ratio Comparison

The current EISIX Sharpe Ratio is 3.08, which is comparable to the VCMDX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of EISIX and VCMDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EISIX	VCMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.08	2.39	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.75	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.85	-0.25

Drawdowns

EISIX vs. VCMDX - Drawdown Comparison

The maximum EISIX drawdown since its inception was -39.30%, which is greater than VCMDX's maximum drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for EISIX and VCMDX.

Drawdown Indicators

	EISIX	VCMDX	Difference
Max Drawdown Largest peak-to-trough decline	-39.30%	-26.67%	-12.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.54%	-7.25%	-5.29%
Max Drawdown (3Y) Largest decline over 3 years	-13.38%	-9.90%	-3.48%
Max Drawdown (5Y) Largest decline over 5 years	-27.05%	-25.45%	-1.60%
Max Drawdown (10Y) Largest decline over 10 years	-39.30%	—	—
Current Drawdown Current decline from peak	-0.84%	-3.54%	+2.70%
Average Drawdown Average peak-to-trough decline	-7.47%	-10.86%	+3.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	2.38%	+0.77%

Volatility

EISIX vs. VCMDX - Volatility Comparison

Carillon ClariVest International Stock Fund (EISIX) has a higher volatility of 5.90% compared to Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) at 4.79%. This indicates that EISIX's price experiences larger fluctuations and is considered to be riskier than VCMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EISIX	VCMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.90%	4.79%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	13.69%	12.68%	+1.01%
Volatility (1Y) Calculated over the trailing 1-year period	15.94%	14.80%	+1.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.16%	15.84%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.69%	15.38%	+1.31%

EISIX vs. VCMDX - Expense Ratio Comparison

EISIX has a 0.96% expense ratio, which is higher than VCMDX's 0.20% expense ratio.

Dividends

EISIX vs. VCMDX - Dividend Comparison

EISIX's dividend yield for the trailing twelve months is around 2.44%, less than VCMDX's 12.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EISIX Carillon ClariVest International Stock Fund	2.44%	3.00%	3.83%	2.95%	0.87%	1.81%	1.09%	2.39%	1.81%	1.36%	2.31%	0.77%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	12.39%	15.21%	2.19%	2.50%	14.21%	30.56%	0.50%	0.60%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EISIX and VCMDX in my portfolio?

EISIX and VCMDX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EISIX or VCMDX?

EISIX has higher volatility (5.90%) compared to VCMDX (4.79%). In terms of maximum drawdown, EISIX dropped -39.30% vs VCMDX's -26.67%.

Which has better risk-adjusted returns?

EISIX currently has the higher Sharpe Ratio (3.08 vs 2.39), 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.