Calvert Floating-rate Correlations

CFOAX Fund

USD 8.58 -0.01 -0.12%

Current 90-days correlation between Calvert Floating Rate and Qs Small Capitalization is -0.02 (i.e., Good diversification).The correlation of Calvert Floating-rate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1.

Calvert Floating-rate Correlation With Market

Average diversification

Across the chosen horizon, CFOAX and DJI show a correlation of 0.14 and fall into the Average diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

Use Trending Equities to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Calvert Floating Rate Advantage within the portfolio mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Calvert Mutual Fund

0.9	OOSYX	Oppenheimer Senior	Pair Corr
0.9	OOSIX	Oppenheimer Senior	Pair Corr
0.82	LFRIX	Floating Rate	Pair Corr
0.85	LARCX	Floating Rate	Pair Corr
0.85	LFRRX	Lord Abbett Inv	Pair Corr
0.82	LFRFX	Floating Rate	Pair Corr
0.85	LRRRX	Floating Rate	Pair Corr
0.82	LRRTX	Floating Rate	Pair Corr
0.81	LRRVX	Floating Rate	Pair Corr
0.83	LRRKX	Floating Rate	Pair Corr
0.72	DIS	Walt Disney	Pair Corr

Moving against Calvert Mutual Fund

0.72	IIGCX	International Investors	Pair Corr
0.72	INIIX	International Investors	Pair Corr
0.71	FKRCX	Franklin Gold Precious	Pair Corr
0.71	GLDIX	Gabelli Gold	Pair Corr
0.69	OCMAX	Ocm Mutual Fund	Pair Corr
0.68	FGADX	Franklin Gold Precious	Pair Corr
0.61	PMPIX	Precious Metals Ultr	Pair Corr
0.61	PMPSX	Precious Metals Ultr	Pair Corr
0.61	MCD	McDonalds	Pair Corr
0.61	TRV	The Travelers Companies Sell-off Trend	Pair Corr
0.6	KO	Coca Cola	Pair Corr
0.59	T	ATT Inc Aggressive Push	Pair Corr
0.57	VZ	Verizon Communications Sell-off Trend	Pair Corr
0.52	JNJ	Johnson Johnson	Pair Corr
0.51	PFE	Pfizer Inc	Pair Corr
0.45	XOM	Exxon Mobil Corp	Pair Corr
0.4	DD	Dupont De Nemours	Pair Corr
0.35	CSCO	Cisco Systems	Pair Corr
0.35	MRK	Merck Company	Pair Corr

Related Correlations Analysis

	APDTX	CNGLX	XMHFX	BOSVX	EICVX	GLVIX	LMBMX
APDTX		0.75	0.58	0.59	0.58	0.52	0.72	APDTX
CNGLX	0.75		0.65	0.72	0.76	0.45	0.77	CNGLX
XMHFX	0.58	0.65		0.7	0.78	-0.07	0.42	XMHFX
BOSVX	0.59	0.72	0.7		0.85	0.16	0.78	BOSVX
EICVX	0.58	0.76	0.78	0.85		-0.03	0.52	EICVX
GLVIX	0.52	0.45	-0.07	0.16	-0.03		0.67	GLVIX
LMBMX	0.72	0.77	0.42	0.78	0.52	0.67		LMBMX
	APDTX	CNGLX	XMHFX	BOSVX	EICVX	GLVIX	LMBMX

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

EICVX	+ 0.85	BOSVX
EICVX	+ 0.78	XMHFX
LMBMX	+ 0.78	BOSVX
LMBMX	+ 0.77	CNGLX
EICVX	+ 0.76	CNGLX
CNGLX	+ 0.75	APDTX

High negative correlations

GLVIX	- 0.07	XMHFX
GLVIX	- 0.03	EICVX

Risk-Adjusted Indicators

There is a big difference between Calvert Mutual Fund performing well and Calvert Floating-rate Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Calvert Floating-rate's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
APDTX	0.97	0.04	0.03	-0.18	1.23	-0.98	1.43	-2.05	7.86
CNGLX	0.64	0.04	0.05	-0.29	0.77	-0.69	1.15	-1.20	5.54
XMHFX	0.10	-0.01	-0.01	-0.23	0.16	-0.14	0.14	-0.43	0.72
BOSVX	0.85	0.12	0.12	0.10	0.91	-0.95	2.14	-1.86	6.06
EICVX	0.52	0.10	0.13	-0.76	0.54	-0.56	1.12	-0.93	3.98
GLVIX	0.94	0.11	0.10	0.14	0.96	-1.08	1.27	-1.88	18.41
LMBMX	0.93	0.09	0.07	0.08	1.07	-0.97	1.41	-1.96	7.75

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC