FTXSX vs. CMCIX

Last updated Apr 2, 2026

Compare and contrast key facts about FullerThaler Behavioral Small-Cap Growth Fund (FTXSX) and Calvert Small/Mid-Cap Fund Class I (CMCIX).

FTXSX is a passively managed fund by Fuller & Thaler Asset Mgmt that tracks the performance of the Russell 2000 Growth Index. It was launched on Dec 21, 2017. CMCIX is an actively managed fund by Calvert Research and Management. It was launched on Jul 29, 2011.

Performance

FTXSX vs. CMCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FullerThaler Behavioral Small-Cap Growth Fund (FTXSX) and Calvert Small/Mid-Cap Fund Class I (CMCIX). The values are adjusted to include any dividend payments, if applicable.

FTXSX vs. CMCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FTXSX FullerThaler Behavioral Small-Cap Growth Fund	1.97%	12.44%	28.86%	12.39%
CMCIX Calvert Small/Mid-Cap Fund Class I	-2.54%	-5.28%	10.46%	7.81%

Returns By Period

In the year-to-date period, FTXSX achieves a 1.97% return, which is significantly higher than CMCIX's -2.54% return.

FTXSX

• 1D: 5.46%
• 1M: -7.15%
• YTD: 1.97%
• 6M: 3.39%
• 1Y: 33.47%
• 3Y*: 20.33%
• 5Y*: 10.25%
• 10Y*: —

CMCIX

• 1D: 2.28%
• 1M: -7.32%
• YTD: -2.54%
• 6M: -4.96%
• 1Y: -4.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTXSX vs. CMCIX - Expense Ratio Comparison

FTXSX has a 1.00% expense ratio, which is lower than CMCIX's 1.26% expense ratio.

CMCIX

Calvert Small/Mid-Cap Fund Class I

FTXSX

FullerThaler Behavioral Small-Cap Growth Fund

Return for Risk

FTXSX vs. CMCIX — Risk / Return Rank

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

FTXSX

FTXSX Risk / Return Rank: 62
FTXSX Sharpe Ratio Rank: 54
FTXSX Sortino Ratio Rank: 54
FTXSX Omega Ratio Rank: 47
FTXSX Calmar Ratio Rank: 78
FTXSX Martin Ratio Rank: 76

CMCIX

CMCIX Risk / Return Rank: 2
CMCIX Sharpe Ratio Rank: 2
CMCIX Sortino Ratio Rank: 2
CMCIX Omega Ratio Rank: 3
CMCIX Calmar Ratio Rank: 2
CMCIX Martin Ratio Rank: 2

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.

FTXSX vs. CMCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FullerThaler Behavioral Small-Cap Growth Fund (FTXSX) and Calvert Small/Mid-Cap Fund Class I (CMCIX). 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.

	FTXSX	CMCIX	Difference
Sharpe ratio Return per unit of total volatility	1.16	-0.19	+1.35
Sortino ratio Return per unit of downside risk	1.66	-0.14	+1.80
Omega ratio Gain probability vs. loss probability	1.23	0.98	+0.24
Calmar ratio Return relative to maximum drawdown	2.11	-0.27	+2.38
Martin ratio Return relative to average drawdown	8.53	-0.68	+9.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTXSX vs. CMCIX - Sharpe Ratio Comparison

The current FTXSX Sharpe Ratio is 1.16, which is higher than the CMCIX Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of FTXSX and CMCIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTXSX	CMCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	-0.19	+1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.23	+0.31

Correlation

The correlation between FTXSX and CMCIX is 0.69, 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

FTXSX vs. CMCIX - Dividend Comparison

FTXSX has not paid dividends to shareholders, while CMCIX's dividend yield for the trailing twelve months is around 4.36%.

	TTM	2025	2024	2023	2022	2021
FTXSX FullerThaler Behavioral Small-Cap Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	17.00%
CMCIX Calvert Small/Mid-Cap Fund Class I	4.36%	4.25%	7.13%	0.60%	0.00%	0.00%

Drawdowns

FTXSX vs. CMCIX - Drawdown Comparison

The maximum FTXSX drawdown since its inception was -45.03%, which is greater than CMCIX's maximum drawdown of -21.50%. Use the drawdown chart below to compare losses from any high point for FTXSX and CMCIX.

Drawdown Indicators

	FTXSX	CMCIX	Difference
Max Drawdown Largest peak-to-trough decline	-45.03%	-21.50%	-23.53%
Max Drawdown (1Y) Largest decline over 1 year	-15.82%	-12.55%	-3.27%
Max Drawdown (5Y) Largest decline over 5 years	-39.58%	—	—
Current Drawdown Current decline from peak	-7.58%	-14.52%	+6.94%
Average Drawdown Average peak-to-trough decline	-12.70%	-6.17%	-6.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	4.94%	-1.02%

Volatility

FTXSX vs. CMCIX - Volatility Comparison

FullerThaler Behavioral Small-Cap Growth Fund (FTXSX) has a higher volatility of 12.43% compared to Calvert Small/Mid-Cap Fund Class I (CMCIX) at 5.32%. This indicates that FTXSX's price experiences larger fluctuations and is considered to be riskier than CMCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXSX	CMCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.43%	5.32%	+7.11%
Volatility (6M) Calculated over the trailing 6-month period	21.01%	10.78%	+10.23%
Volatility (1Y) Calculated over the trailing 1-year period	30.19%	19.29%	+10.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.54%	16.66%	+9.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.64%	16.66%	+10.98%