JCI vs. CVGRX

Last updated Jun 3, 2026

JCI (Johnson Controls International plc) is a stock, while CVGRX (Calamos Growth Fund) is Large Cap Growth Equities fund managed by Calamos. Over the past 10 years, JCI returned 14.79%/yr vs 14.86%/yr for CVGRX. At a 0.49 correlation, their price movements are largely independent.

Performance

JCI vs. CVGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Johnson Controls International plc (JCI) and Calamos Growth Fund (CVGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JCI achieves a 18.94% return, which is significantly higher than CVGRX's 11.25% return. Both investments have delivered pretty close results over the past 10 years, with JCI having a 14.79% annualized return and CVGRX not far ahead at 14.86%.

JCI

• 1D: 6.03%
• 1M: -2.13%
• YTD: 18.94%
• 6M: 23.96%
• 1Y: 43.40%
• 3Y*: 34.11%
• 5Y*: 18.73%
• 10Y*: 14.79%

CVGRX

• 1D: 0.82%
• 1M: 6.85%
• YTD: 11.25%
• 6M: 10.27%
• 1Y: 28.82%
• 3Y*: 24.30%
• 5Y*: 12.55%
• 10Y*: 14.86%

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

JCI vs. CVGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JCI Johnson Controls International plc	18.94%	54.03%	39.80%	-7.63%	-19.29%	77.42%	17.70%	40.91%	-19.85%	-5.11%
CVGRX Calamos Growth Fund	11.25%	16.08%	32.32%	37.64%	-33.33%	23.06%	32.97%	31.11%	-6.14%	26.58%

Correlation

The correlation between JCI and CVGRX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Sep 4, 1990	0.49

The correlation between JCI and CVGRX shifts across timeframes, from 0.43 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JCI vs. CVGRX — Risk / Return Rank

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

JCI

JCI Risk / Return Rank: 82
JCI Sharpe Ratio Rank: 83
JCI Sortino Ratio Rank: 78
JCI Omega Ratio Rank: 79
JCI Calmar Ratio Rank: 84
JCI Martin Ratio Rank: 85

CVGRX

CVGRX Risk / Return Rank: 32
CVGRX Sharpe Ratio Rank: 38
CVGRX Sortino Ratio Rank: 34
CVGRX Omega Ratio Rank: 35
CVGRX Calmar Ratio Rank: 24
CVGRX Martin Ratio Rank: 29

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.

JCI vs. CVGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Johnson Controls International plc (JCI) and Calamos Growth Fund (CVGRX). 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.

	JCI	CVGRX	Difference
Sharpe ratio Return per unit of total volatility	1.62	1.81	-0.19
Sortino ratio Return per unit of downside risk	2.23	2.45	-0.22
Omega ratio Gain probability vs. loss probability	1.30	1.32	-0.02
Calmar ratio Return relative to maximum drawdown	3.30	1.86	+1.45
Martin ratio Return relative to average drawdown	9.16	6.98	+2.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JCI vs. CVGRX - Sharpe Ratio Comparison

The current JCI Sharpe Ratio is 1.62, which is comparable to the CVGRX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of JCI and CVGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JCI	CVGRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	1.81	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.58	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.69	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.51	-0.24

Drawdowns

JCI vs. CVGRX - Drawdown Comparison

The maximum JCI drawdown since its inception was -93.36%, which is greater than CVGRX's maximum drawdown of -61.65%. Use the drawdown chart below to compare losses from any high point for JCI and CVGRX.

Drawdown Indicators

	JCI	CVGRX	Difference
Max Drawdown Largest peak-to-trough decline	-93.36%	-61.65%	-31.71%
Max Drawdown (1Y) Largest decline over 1 year	-12.71%	-16.00%	+3.29%
Max Drawdown (3Y) Largest decline over 3 years	-30.85%	-23.81%	-7.04%
Max Drawdown (5Y) Largest decline over 5 years	-42.32%	-37.43%	-4.89%
Max Drawdown (10Y) Largest decline over 10 years	-47.14%	-37.43%	-9.71%
Current Drawdown Current decline from peak	-2.77%	0.00%	-2.77%
Average Drawdown Average peak-to-trough decline	-38.27%	-11.51%	-26.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.59%	4.26%	+0.33%

Volatility

JCI vs. CVGRX - Volatility Comparison

Johnson Controls International plc (JCI) has a higher volatility of 9.73% compared to Calamos Growth Fund (CVGRX) at 3.68%. This indicates that JCI's price experiences larger fluctuations and is considered to be riskier than CVGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JCI	CVGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.73%	3.68%	+6.05%
Volatility (6M) Calculated over the trailing 6-month period	21.11%	12.72%	+8.39%
Volatility (1Y) Calculated over the trailing 1-year period	26.95%	16.52%	+10.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.24%	21.81%	+6.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.95%	21.61%	+6.34%

Dividends

JCI vs. CVGRX - Dividend Comparison

JCI's dividend yield for the trailing twelve months is around 1.11%, less than CVGRX's 7.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CVGRX Calamos Growth Fund	7.92%	8.81%	6.66%	4.48%	0.00%	12.17%	11.25%	9.71%	16.86%	13.75%	4.12%	35.24%
JCI Johnson Controls International plc	1.11%	1.29%	1.88%	2.55%	2.19%	1.41%	2.23%	2.55%	3.51%	2.65%	4.23%	5.85%

Frequently Asked Questions

Can I hold both JCI and CVGRX in my portfolio?

JCI and CVGRX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JCI or CVGRX?

JCI has higher volatility (9.73%) compared to CVGRX (3.68%). In terms of maximum drawdown, JCI dropped -93.36% vs CVGRX's -61.65%.

Which has better risk-adjusted returns?

CVGRX currently has the higher Sharpe Ratio (1.81 vs 1.62), 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.