HRCPX vs. CHAIX

Last updated Aug 1, 2026

HRCPX (Carillon ClariVest Capital Appreciation Fund) and CHAIX (Chase Growth Fund Institutional Class) are both Large Cap Growth Equities funds. Over the past 10 years, HRCPX returned 17.05%/yr vs 17.48%/yr for CHAIX. Their correlation of 0.91 means they have usually moved in the same direction. Both charge a 1.00% expense ratio.

Performance

HRCPX vs. CHAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carillon ClariVest Capital Appreciation Fund (HRCPX) and Chase Growth Fund Institutional Class (CHAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HRCPX achieves a 7.93% return, which is significantly lower than CHAIX's 22.42% return. Both investments have delivered pretty close results over the past 10 years, with HRCPX having a 17.05% annualized return and CHAIX not far ahead at 17.48%.

HRCPX

• 1D: 0.00%
• 1M: 2.44%
• 6M: 9.00%
• YTD: 7.93%
• 1Y: 22.21%
• 3Y*: 24.07%
• 5Y*: 14.31%
• 10Y*: 17.05%
• ALL TIME*: 11.55%

CHAIX

• 1D: 2.62%
• 1M: -0.74%
• 6M: 18.58%
• YTD: 22.42%
• 1Y: 37.43%
• 3Y*: 30.19%
• 5Y*: 16.79%
• 10Y*: 17.48%
• ALL TIME*: 11.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CHAIX Chase Growth Fund Institutional Class	$0.00	$0.00	$0.00
HRCPX Carillon ClariVest Capital Appreciation Fund	$0.00	$0.00	$0.00

HRCPX vs. CHAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HRCPX Carillon ClariVest Capital Appreciation Fund	7.93%	23.00%	35.17%	39.55%	-29.18%	30.55%	28.89%	31.50%	-7.37%	31.43%
CHAIX Chase Growth Fund Institutional Class	22.42%	20.67%	38.77%	26.00%	-20.32%	22.36%	18.41%	41.69%	-3.87%	24.73%

Correlation

The correlation between HRCPX and CHAIX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.91
Correlation (All Time) Calculated using the full available price history since Jan 29, 2007	0.91

The correlation between HRCPX and CHAIX shifts across timeframes, from 0.81 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HRCPX vs. CHAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HRCPX

HRCPX Risk / Return Rank: 39
HRCPX Sharpe Ratio Rank: 44
HRCPX Sortino Ratio Rank: 42
HRCPX Omega Ratio Rank: 41
HRCPX Calmar Ratio Rank: 36
HRCPX Martin Ratio Rank: 35

CHAIX

CHAIX Risk / Return Rank: 80
CHAIX Sharpe Ratio Rank: 76
CHAIX Sortino Ratio Rank: 72
CHAIX Omega Ratio Rank: 69
CHAIX Calmar Ratio Rank: 91
CHAIX Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HRCPX vs. CHAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carillon ClariVest Capital Appreciation Fund (HRCPX) and Chase Growth Fund Institutional Class (CHAIX). 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.

	HRCPX	CHAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.81	-0.58
Sortino ratio: Return per unit of downside risk	1.74	2.48	-0.74
Omega ratio: Gain probability vs. loss probability	1.22	1.31	-0.09
Calmar ratio: Return relative to maximum drawdown	1.50	3.53	-2.03
Martin ratio: Return relative to average drawdown	4.98	13.85	-8.87

HRCPX vs. CHAIX - Sharpe Ratio Comparison

The current HRCPX Sharpe Ratio is 1.22, which is lower than the CHAIX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of HRCPX and CHAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HRCPX vs. CHAIX - Drawdown Comparison

The maximum HRCPX drawdown since its inception was -56.83%, which is greater than CHAIX's maximum drawdown of -50.61%. Use the drawdown chart below to compare losses from any high point for HRCPX and CHAIX.

Drawdown Indicators

	HRCPX	CHAIX	Difference
Max Drawdown Largest peak-to-trough decline	-56.83%	-50.61%	-6.22%
Max Drawdown (1Y) Largest decline over 1 year	-13.43%	-9.86%	-3.57%
Max Drawdown (3Y) Largest decline over 3 years	-23.28%	-23.40%	+0.12%
Max Drawdown (5Y) Largest decline over 5 years	-31.75%	-24.58%	-7.17%
Max Drawdown (10Y) Largest decline over 10 years	-31.85%	-30.36%	-1.49%
Current Drawdown Current decline from peak	-3.41%	-3.76%	+0.35%
Average Drawdown Average peak-to-trough decline	-9.14%	-10.33%	+1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	2.51%	+1.51%

Volatility

HRCPX vs. CHAIX - Volatility Comparison

The current volatility for Carillon ClariVest Capital Appreciation Fund (HRCPX) is 3.15%, while Chase Growth Fund Institutional Class (CHAIX) has a volatility of 6.41%. This indicates that HRCPX experiences smaller price fluctuations and is considered to be less risky than CHAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRCPX	CHAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.15%	6.41%	-3.26%
Volatility (6M) Calculated over the trailing 6-month period	12.40%	15.32%	-2.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	19.27%	-2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.56%	18.88%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.24%	19.18%	+2.06%

HRCPX vs. CHAIX - Expense Ratio Comparison

Both HRCPX and CHAIX have an expense ratio of 1.00%.

Dividends

HRCPX vs. CHAIX - Dividend Comparison

HRCPX's dividend yield for the trailing twelve months is around 3.81%, less than CHAIX's 6.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHAIX Chase Growth Fund Institutional Class	6.70%	8.20%	18.32%	5.36%	5.09%	18.78%	7.39%	21.65%	12.33%	11.44%	8.83%	9.93%
HRCPX Carillon ClariVest Capital Appreciation Fund	3.81%	4.11%	12.74%	11.75%	21.31%	6.96%	15.23%	1.57%	10.41%	6.44%	6.36%	15.16%

Frequently Asked Questions

Can I hold both HRCPX and CHAIX in my portfolio?

HRCPX and CHAIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HRCPX or CHAIX?

CHAIX has higher volatility (6.41%) compared to HRCPX (3.15%). In terms of maximum drawdown, HRCPX dropped -56.83% vs CHAIX's -50.61%.

Which has better risk-adjusted returns?

CHAIX currently has the higher Sharpe Ratio (1.81 vs 1.22), 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.