HRCPX vs. PFFA
HRCPX (Carillon ClariVest Capital Appreciation Fund) and PFFA (Virtus InfraCap U.S. Preferred Stock ETF) are both funds - HRCPX is a Large Cap Growth Equities fund managed by Carillon Family of Funds, while PFFA is a Preferred Stock fund actively managed by Virtus. Over the past 5 years, HRCPX returned 14.31%/yr vs 5.57%/yr for PFFA. Their 0.46 correlation means their historical movements had little consistent relationship. HRCPX charges 1.00%/yr vs 1.47%/yr for PFFA.
Performance
HRCPX vs. PFFA - Performance Comparison
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Returns By Period
In the year-to-date period, HRCPX achieves a 7.93% return, which is significantly higher than PFFA's 1.20% return.
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%
PFFA
- 1D
- 0.44%
- 1M
- -0.04%
- 6M
- -0.75%
- YTD
- 1.20%
- 1Y
- 6.02%
- 3Y*
- 11.42%
- 5Y*
- 5.57%
- 10Y*
- —
- ALL TIME*
- 7.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $15.74M | $17.23M | $20.45M |
HRCPX vs. PFFA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HRCPX Carillon ClariVest Capital Appreciation Fund | 7.93% | 23.00% | 35.17% | 39.55% | -29.18% | 30.55% | 28.89% | 31.50% | -11.46% |
PFFA Virtus InfraCap U.S. Preferred Stock ETF | 1.20% | 8.22% | 16.11% | 26.45% | -20.91% | 23.53% | -7.87% | 31.99% | -7.29% |
Correlation
The correlation between HRCPX and PFFA is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 16, 2018 | 0.46 |
The correlation between HRCPX and PFFA shifts across timeframes, from 0.39 (3 years) to 0.54 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HRCPX vs. PFFA — Risk / Return Rank
HRCPX
PFFA
HRCPX vs. PFFA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carillon ClariVest Capital Appreciation Fund (HRCPX) and Virtus InfraCap U.S. Preferred Stock ETF (PFFA). 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 | PFFA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.14 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 0.89 | +0.62 |
| Martin ratioReturn relative to average drawdown | 4.98 | 2.56 | +2.43 |
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Drawdowns
HRCPX vs. PFFA - Drawdown Comparison
The maximum HRCPX drawdown since its inception was -56.83%, smaller than the maximum PFFA drawdown of -70.52%. Use the drawdown chart below to compare losses from any high point for HRCPX and PFFA.
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Drawdown Indicators
| HRCPX | PFFA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.83% | -70.52% | +13.69% |
Max Drawdown (1Y)Largest decline over 1 year | -13.43% | -6.49% | -6.94% |
Max Drawdown (3Y)Largest decline over 3 years | -23.28% | -12.15% | -11.13% |
Max Drawdown (5Y)Largest decline over 5 years | -31.75% | -22.70% | -9.05% |
Max Drawdown (10Y)Largest decline over 10 years | -31.85% | — | — |
Current DrawdownCurrent decline from peak | -3.41% | -3.29% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -9.14% | -6.57% | -2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 2.25% | +1.77% |
Volatility
HRCPX vs. PFFA - Volatility Comparison
Carillon ClariVest Capital Appreciation Fund (HRCPX) has a higher volatility of 3.15% compared to Virtus InfraCap U.S. Preferred Stock ETF (PFFA) at 2.32%. This indicates that HRCPX's price experiences larger fluctuations and is considered to be riskier than PFFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HRCPX | PFFA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 2.32% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 6.46% | +5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.50% | 7.62% | +8.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.56% | 11.59% | +9.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.24% | 31.55% | -10.31% |
HRCPX vs. PFFA - Expense Ratio Comparison
HRCPX has a 1.00% expense ratio, which is lower than PFFA's 1.47% expense ratio.
Dividends
HRCPX vs. PFFA - Dividend Comparison
HRCPX's dividend yield for the trailing twelve months is around 3.81%, less than PFFA's 9.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PFFA Virtus InfraCap U.S. Preferred Stock ETF | 9.98% | 9.47% | 9.18% | 9.56% | 10.75% | 7.64% | 8.54% | 10.02% | 5.15% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HRCPX and PFFA have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HRCPX has higher volatility (3.15%) compared to PFFA (2.32%). In terms of maximum drawdown, HRCPX dropped -56.83% vs PFFA's -70.52%.
HRCPX currently has the higher Sharpe Ratio (1.22 vs 0.76), 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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