Emerging Markets
Calamos Evolving World Growth Fund
Last updated: 2026-09-03
The Verdict
Calamos Evolving World Growth Fund charges an expense ratio of 1.05%. On a $100,000 portfolio, that's $1,050 per year in fees, and it scales with the amount invested. Supreme.PM's decoded model tracked it at 65% correlation over the measured period — partial, not close, tracking, for a flat monthly subscription that does not change with portfolio size.
Expense Ratio
1.05%
Star Rating
3/ 5
Market Beta
0.82
Model Correlation
65%
Sharpe Ratio
0.67
Max Drawdown
23.78%
Supreme.PM Cost
Flat monthly subscription
Not a percentage of your assets
Performance
Performance comparison — 1Y: Fund 44.0% vs Model 32.4%; 3Y: Fund 97.2% vs Model 101.0%; 5Y: Fund 36.9% vs Model 80.5%.
Alpha After Fees
Supreme.PM's model shows 65% correlation with Calamos Evolving World Growth Fund over the measured period — meaningful but partial tracking, not equivalent exposure.
Fee Analysis
Calamos Evolving World Growth Fund charges 1.05% of assets annually. Supreme.PM charges a flat monthly subscription instead, so its cost does not rise as a portfolio grows.
Data sources: Refinitiv Lipper, SEC EDGAR Filings, Supreme.PM Analytics
Past performance does not guarantee future results. Model returns are backtested and may not reflect actual trading conditions.
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Frequently Asked Questions
What is the expense ratio of Calamos Evolving World Growth Fund?
Calamos Evolving World Growth Fund has an expense ratio of 1.05%, charged as a percentage of the amount invested. Supreme.PM's decoded model is offered for a flat monthly subscription instead.
How does Supreme.PM replicate Calamos Evolving World Growth Fund?
Supreme.PM builds a transparent, rules-based model of listed securities designed to track this fund's return profile. Over the measured period it tracked the fund partially, at 65% correlation. The model is published in full, so its positions are visible rather than disclosed with a delay.
What are the risks of fund replication?
While our models aim for high correlation, they may not perfectly match the fund's returns due to timing differences in rebalancing, transaction costs, and disclosure delays. Backtested results may not reflect future performance.
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