PFSEX vs. CAEIX

Last updated Jun 24, 2026

PFSEX (PFG JP Morgan Tactical Aggressive Strategy Fund) and CAEIX (Calvert Global Energy Solutions Fund) are both Global Equities funds. Over the past 5 years, PFSEX returned 8.99%/yr vs 5.72%/yr for CAEIX. Their correlation of 0.86 suggests significant overlap in exposure. PFSEX charges 2.05%/yr vs 0.99%/yr for CAEIX.

Performance

PFSEX vs. CAEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PFG JP Morgan Tactical Aggressive Strategy Fund (PFSEX) and Calvert Global Energy Solutions Fund (CAEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFSEX achieves a 9.89% return, which is significantly lower than CAEIX's 18.53% return.

PFSEX

• 1D: -0.19%
• 1M: 1.64%
• YTD: 9.89%
• 6M: 9.12%
• 1Y: 23.47%
• 3Y*: 17.27%
• 5Y*: 8.99%
• 10Y*: —

CAEIX

• 1D: 0.49%
• 1M: -1.31%
• YTD: 18.53%
• 6M: 17.68%
• 1Y: 41.58%
• 3Y*: 13.14%
• 5Y*: 5.72%
• 10Y*: 12.29%

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

PFSEX vs. CAEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PFSEX PFG JP Morgan Tactical Aggressive Strategy Fund	9.89%	17.66%	15.07%	19.04%	-17.22%	17.81%	11.91%	22.25%	-15.09%
CAEIX Calvert Global Energy Solutions Fund	18.53%	32.61%	-7.13%	5.67%	-17.43%	6.73%	61.52%	33.48%	-15.38%

Correlation

The correlation between PFSEX and CAEIX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Aug 30, 2018	0.86

The correlation between PFSEX and CAEIX has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

Return for Risk

PFSEX vs. CAEIX — Risk / Return Rank

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

PFSEX

PFSEX Risk / Return Rank: 48
PFSEX Sharpe Ratio Rank: 47
PFSEX Sortino Ratio Rank: 44
PFSEX Omega Ratio Rank: 47
PFSEX Calmar Ratio Rank: 46
PFSEX Martin Ratio Rank: 56

CAEIX

CAEIX Risk / Return Rank: 82
CAEIX Sharpe Ratio Rank: 83
CAEIX Sortino Ratio Rank: 73
CAEIX Omega Ratio Rank: 71
CAEIX Calmar Ratio Rank: 94
CAEIX Martin Ratio Rank: 90

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.

PFSEX vs. CAEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PFG JP Morgan Tactical Aggressive Strategy Fund (PFSEX) 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.

	PFSEX	CAEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.87	2.51	-0.64
Sortino ratio: Return per unit of downside risk	2.57	3.25	-0.68
Omega ratio: Gain probability vs. loss probability	1.34	1.43	-0.09
Calmar ratio: Return relative to maximum drawdown	2.50	5.14	-2.64
Martin ratio: Return relative to average drawdown	10.69	16.42	-5.73

PFSEX vs. CAEIX - Sharpe Ratio Comparison

The current PFSEX Sharpe Ratio is 1.87, which is comparable to the CAEIX Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of PFSEX and CAEIX, 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

PFSEX vs. CAEIX - Drawdown Comparison

The maximum PFSEX drawdown since its inception was -33.76%, smaller than the maximum CAEIX drawdown of -75.81%. Use the drawdown chart below to compare losses from any high point for PFSEX and CAEIX.

Drawdown Indicators

	PFSEX	CAEIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.76%	-75.81%	+42.05%
Max Drawdown (1Y) Largest decline over 1 year	-9.85%	-8.39%	-1.46%
Max Drawdown (3Y) Largest decline over 3 years	-17.47%	-24.57%	+7.10%
Max Drawdown (5Y) Largest decline over 5 years	-28.41%	-32.58%	+4.17%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.54%	—
Current Drawdown Current decline from peak	-0.58%	-3.72%	+3.14%
Average Drawdown Average peak-to-trough decline	-6.87%	-48.51%	+41.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.62%	-0.32%

Volatility

PFSEX vs. CAEIX - Volatility Comparison

The current volatility for PFG JP Morgan Tactical Aggressive Strategy Fund (PFSEX) is 5.25%, while Calvert Global Energy Solutions Fund (CAEIX) has a volatility of 6.76%. This indicates that PFSEX experiences smaller price fluctuations and is considered to be less risky than CAEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFSEX	CAEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	6.76%	-1.51%
Volatility (6M) Calculated over the trailing 6-month period	10.82%	13.88%	-3.06%
Volatility (1Y) Calculated over the trailing 1-year period	13.20%	17.21%	-4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.38%	19.33%	-2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	19.72%	-1.24%

PFSEX vs. CAEIX - Expense Ratio Comparison

PFSEX has a 2.05% expense ratio, which is higher than CAEIX's 0.99% expense ratio.

Dividends

PFSEX vs. CAEIX - Dividend Comparison

PFSEX's dividend yield for the trailing twelve months is around 15.80%, 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%
PFSEX PFG JP Morgan Tactical Aggressive Strategy Fund	15.80%	17.36%	1.71%	0.00%	6.35%	5.13%	0.00%	0.00%	3.27%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PFSEX and CAEIX in my portfolio?

PFSEX and CAEIX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PFSEX or CAEIX?

CAEIX has higher volatility (6.76%) compared to PFSEX (5.25%). In terms of maximum drawdown, PFSEX dropped -33.76% vs CAEIX's -75.81%.

Which has better risk-adjusted returns?

CAEIX currently has the higher Sharpe Ratio (2.51 vs 1.87), 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.