GLVYX vs. CAEIX
GLVYX (Invesco Global Focus Fund) and CAEIX (Calvert Global Energy Solutions Fund) are both Global Equities funds. Over the past 10 years, GLVYX returned 13.10%/yr vs 11.57%/yr for CAEIX. A 0.75 correlation means they provide meaningful diversification when combined. GLVYX charges 0.98%/yr vs 0.99%/yr for CAEIX.
Performance
GLVYX vs. CAEIX - Performance Comparison
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Returns By Period
In the year-to-date period, GLVYX achieves a 12.14% return, which is significantly lower than CAEIX's 17.95% return. Over the past 10 years, GLVYX has outperformed CAEIX with an annualized return of 13.10%, while CAEIX has yielded a comparatively lower 11.57% annualized return.
GLVYX
- 1D
- 2.47%
- 1M
- 5.24%
- YTD
- 12.14%
- 6M
- 11.95%
- 1Y
- 23.58%
- 3Y*
- 17.90%
- 5Y*
- 5.15%
- 10Y*
- 13.10%
CAEIX
- 1D
- 1.29%
- 1M
- -1.79%
- YTD
- 17.95%
- 6M
- 17.45%
- 1Y
- 42.22%
- 3Y*
- 11.22%
- 5Y*
- 5.91%
- 10Y*
- 11.57%
GLVYX vs. CAEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLVYX Invesco Global Focus Fund | 12.14% | 14.51% | 21.06% | 37.34% | -37.74% | 3.71% | 56.61% | 31.97% | -9.80% | 25.42% |
CAEIX Calvert Global Energy Solutions Fund | 17.95% | 32.61% | -7.13% | 5.67% | -17.43% | 6.73% | 61.52% | 33.48% | -19.26% | 29.65% |
Correlation
The correlation between GLVYX and CAEIX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.75 |
The correlation between GLVYX and CAEIX has been stable across timeframes, ranging from 0.69 to 0.75 - a consistent structural relationship.
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Return for Risk
GLVYX vs. CAEIX — Risk / Return Rank
GLVYX
CAEIX
GLVYX vs. CAEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Focus Fund (GLVYX) and Calvert Global Energy Solutions Fund (CAEIX). 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.
| GLVYX | CAEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.42 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 5.00 | -3.62 |
| Martin ratioReturn relative to average drawdown | 4.80 | 16.04 | -11.24 |
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Drawdowns
GLVYX vs. CAEIX - Drawdown Comparison
The maximum GLVYX drawdown since its inception was -49.55%, smaller than the maximum CAEIX drawdown of -75.81%. Use the drawdown chart below to compare losses from any high point for GLVYX and CAEIX.
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Drawdown Indicators
| GLVYX | CAEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.55% | -75.81% | +26.26% |
Max Drawdown (1Y)Largest decline over 1 year | -16.19% | -8.39% | -7.80% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -24.57% | +2.38% |
Max Drawdown (5Y)Largest decline over 5 years | -49.55% | -32.58% | -16.97% |
Max Drawdown (10Y)Largest decline over 10 years | -49.55% | -37.54% | -12.01% |
Current DrawdownCurrent decline from peak | -0.22% | -4.18% | +3.96% |
Average DrawdownAverage peak-to-trough decline | -9.41% | -48.51% | +39.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.65% | 2.61% | +2.04% |
Volatility
GLVYX vs. CAEIX - Volatility Comparison
Invesco Global Focus Fund (GLVYX) has a higher volatility of 8.55% compared to Calvert Global Energy Solutions Fund (CAEIX) at 6.86%. This indicates that GLVYX's price experiences larger fluctuations and is considered to be riskier than CAEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLVYX | CAEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.55% | 6.86% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 15.00% | 13.98% | +1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.16% | 17.18% | +0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.56% | 19.33% | +4.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.63% | 19.72% | +2.91% |
GLVYX vs. CAEIX - Expense Ratio Comparison
GLVYX has a 0.98% expense ratio, which is lower than CAEIX's 0.99% expense ratio.
Dividends
GLVYX vs. CAEIX - Dividend Comparison
GLVYX's dividend yield for the trailing twelve months is around 10.93%, more than CAEIX's 0.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAEIX Calvert Global Energy Solutions Fund | 0.61% | 0.72% | 1.17% | 1.07% | 0.86% | 0.49% | 0.82% | 1.23% | 2.00% | 1.40% | 1.79% | 0.72% |
GLVYX Invesco Global Focus Fund | 10.93% | 12.26% | 1.53% | 0.00% | 0.00% | 3.91% | 4.43% | 9.77% | 4.17% | 1.81% | 0.00% | 0.00% |
Frequently Asked Questions
GLVYX and CAEIX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLVYX has higher volatility (8.55%) compared to CAEIX (6.86%). In terms of maximum drawdown, GLVYX dropped -49.55% vs CAEIX's -75.81%.
CAEIX currently has the higher Sharpe Ratio (2.44 vs 1.23), 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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