PH vs. CSQ
PH (Parker-Hannifin Corporation) is a stock, while CSQ (Calamos Strategic Total Return Fund) is Diversified Portfolio fund actively managed by Calamos. Over the past 10 years, PH returned 25.12%/yr vs 16.38%/yr for CSQ. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
PH vs. CSQ - Performance Comparison
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Returns By Period
In the year-to-date period, PH achieves a 3.21% return, which is significantly lower than CSQ's 8.10% return. Over the past 10 years, PH has outperformed CSQ with an annualized return of 25.12%, while CSQ has yielded a comparatively lower 16.38% annualized return.
PH
- 1D
- 0.12%
- 1M
- 4.72%
- YTD
- 3.21%
- 6M
- 2.52%
- 1Y
- 39.33%
- 3Y*
- 36.33%
- 5Y*
- 26.12%
- 10Y*
- 25.12%
CSQ
- 1D
- 1.27%
- 1M
- -1.20%
- YTD
- 8.10%
- 6M
- 9.75%
- 1Y
- 24.17%
- 3Y*
- 20.54%
- 5Y*
- 10.41%
- 10Y*
- 16.38%
PH vs. CSQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 3.21% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
CSQ Calamos Strategic Total Return Fund | 8.10% | 16.25% | 28.11% | 20.80% | -24.26% | 30.77% | 26.22% | 38.62% | -4.89% | 27.98% |
Correlation
The correlation between PH and CSQ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2004 | 0.54 |
The correlation between PH and CSQ shifts across timeframes, from 0.42 (1 year) to 0.58 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
PH vs. CSQ — Risk / Return Rank
PH
CSQ
PH vs. CSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) and Calamos Strategic Total Return Fund (CSQ). 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.
| PH | CSQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 1.49 | +0.41 |
| Martin ratioReturn relative to average drawdown | 5.64 | 6.36 | -0.72 |
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Drawdowns
PH vs. CSQ - Drawdown Comparison
The maximum PH drawdown since its inception was -66.92%, roughly equal to the maximum CSQ drawdown of -67.17%. Use the drawdown chart below to compare losses from any high point for PH and CSQ.
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Drawdown Indicators
| PH | CSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.92% | -67.17% | +0.25% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -15.25% | -4.09% |
Max Drawdown (3Y)Largest decline over 3 years | -26.79% | -24.18% | -2.61% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -33.09% | +4.45% |
Max Drawdown (10Y)Largest decline over 10 years | -54.68% | -48.21% | -6.47% |
Current DrawdownCurrent decline from peak | -11.49% | -2.35% | -9.14% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -9.33% | -6.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.52% | 3.58% | +2.94% |
Volatility
PH vs. CSQ - Volatility Comparison
Parker-Hannifin Corporation (PH) has a higher volatility of 7.58% compared to Calamos Strategic Total Return Fund (CSQ) at 5.74%. This indicates that PH's price experiences larger fluctuations and is considered to be riskier than CSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PH | CSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 5.74% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 18.96% | 12.45% | +6.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.10% | 15.06% | +10.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.68% | 20.06% | +8.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.70% | 23.02% | +8.68% |
Dividends
PH vs. CSQ - Dividend Comparison
PH's dividend yield for the trailing twelve months is around 0.82%, less than CSQ's 6.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSQ Calamos Strategic Total Return Fund | 6.72% | 6.51% | 6.95% | 8.27% | 9.17% | 6.38% | 7.03% | 7.14% | 9.35% | 8.20% | 9.64% | 10.00% |
PH Parker-Hannifin Corporation | 0.82% | 0.80% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% |
Frequently Asked Questions
PH and CSQ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PH has higher volatility (7.58%) compared to CSQ (5.74%). In terms of maximum drawdown, PH dropped -66.92% vs CSQ's -67.17%.
CSQ currently has the higher Sharpe Ratio (1.51 vs 1.47), 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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