Correlation
The correlation between FNGAX and CVLOX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
FNGAX vs. CVLOX
Compare and contrast key facts about Franklin International Growth Fund Class A (FNGAX) and Calamos Global Opportunities Fund (CVLOX).
FNGAX is managed by Franklin Templeton. It was launched on Jun 3, 2008. CVLOX is managed by Calamos. It was launched on Sep 8, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNGAX or CVLOX.
Performance
FNGAX vs. CVLOX - Performance Comparison
Loading data...
Key characteristics
FNGAX:
0.40
CVLOX:
0.69
FNGAX:
0.60
CVLOX:
0.89
FNGAX:
1.08
CVLOX:
1.12
FNGAX:
0.18
CVLOX:
0.58
FNGAX:
1.20
CVLOX:
2.00
FNGAX:
5.53%
CVLOX:
4.38%
FNGAX:
20.32%
CVLOX:
14.79%
FNGAX:
-47.24%
CVLOX:
-46.61%
FNGAX:
-21.47%
CVLOX:
-0.61%
Returns By Period
In the year-to-date period, FNGAX achieves a 9.89% return, which is significantly higher than CVLOX's 4.39% return. Over the past 10 years, FNGAX has underperformed CVLOX with an annualized return of 5.55%, while CVLOX has yielded a comparatively higher 8.02% annualized return.
FNGAX
9.89%
6.41%
4.38%
8.12%
5.25%
2.86%
5.55%
CVLOX
4.39%
5.95%
1.53%
10.15%
10.83%
12.16%
8.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FNGAX vs. CVLOX - Expense Ratio Comparison
FNGAX has a 1.12% expense ratio, which is lower than CVLOX's 1.22% expense ratio.
Risk-Adjusted Performance
FNGAX vs. CVLOX — Risk-Adjusted Performance Rank
FNGAX
CVLOX
FNGAX vs. CVLOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin International Growth Fund Class A (FNGAX) and Calamos Global Opportunities Fund (CVLOX). 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.
Loading data...
Dividends
FNGAX vs. CVLOX - Dividend Comparison
FNGAX's dividend yield for the trailing twelve months is around 1.79%, less than CVLOX's 7.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNGAX Franklin International Growth Fund Class A | 1.79% | 1.86% | 0.00% | 1.75% | 1.80% | 2.22% | 0.13% | 1.94% | 1.31% | 0.53% | 0.01% | 0.97% |
CVLOX Calamos Global Opportunities Fund | 7.79% | 8.15% | 0.61% | 0.00% | 5.72% | 6.12% | 1.28% | 12.65% | 6.05% | 0.67% | 1.29% | 20.91% |
Drawdowns
FNGAX vs. CVLOX - Drawdown Comparison
The maximum FNGAX drawdown since its inception was -47.24%, roughly equal to the maximum CVLOX drawdown of -46.61%. Use the drawdown chart below to compare losses from any high point for FNGAX and CVLOX.
Loading data...
Volatility
FNGAX vs. CVLOX - Volatility Comparison
Franklin International Growth Fund Class A (FNGAX) has a higher volatility of 4.24% compared to Calamos Global Opportunities Fund (CVLOX) at 2.46%. This indicates that FNGAX's price experiences larger fluctuations and is considered to be riskier than CVLOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...