NFRA vs CSQ

Comparison between FLEXSHARES STOXX GLOBAL BROAD INFRASTRUCTURE INDEX FUND (NFRA, ETF) and Calamos Strategic Total Return Fund (CSQ, ETF).

5-Year PerformanceCSQ has outperformed NFRA, delivering a return of +10.7% compared to +5.5%

NFRA vs CSQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NFRA(ETF)	CSQ(ETF)
Net Assets	$3B	$3.10B
Expense Ratio	0.47%	N/A
Max Drawdown	32.86%	72.74%
Sharpe Ratio	1.11	1.81
5Y Beta	0.41	1.02
5Y Dividends CAGR	22.48%	2.82%

Net Assets

NFRA

$3B

Winner

CSQ

$3.10B

Expense Ratio

NFRA

0.47%

CSQ

N/A

Max Drawdown

Winner

NFRA

32.86%

CSQ

72.74%

Sharpe Ratio

NFRA

1.11

Winner

CSQ

1.81

5Y Beta

Winner

NFRA

0.41

CSQ

1.02

5Y Dividends CAGR

Winner

NFRA

22.48%

CSQ

2.82%

NFRA vs CSQ - Historical Returns

Returns include dividend reinvestment.

Period	NFRA	CSQ
1 month	+0.59%	+12.95%
3 months	+1.92%	+7.23%
6 months	+9.72%	+12.35%
1 year	+16.80%	+32.35%
5 years(CAGR)	+5.52%	+10.74%
10 years(CAGR)	+7.32%	+16.60%
Max(CAGR)	+7.01%	+10.13%

NFRA

+0.59%

Winner

CSQ

+12.95%

NFRA

+1.92%

Winner

CSQ

+7.23%

NFRA

+9.72%

Winner

CSQ

+12.35%

NFRA

+16.80%

Winner

CSQ

+32.35%

5Y(CAGR)

NFRA

+5.52%

Winner

CSQ

+10.74%

10Y(CAGR)

NFRA

+7.32%

Winner

CSQ

+16.60%

Max(CAGR)

NFRA

+7.01%

Winner

CSQ

+10.13%

NFRA vs CSQ - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	NFRA	CSQ
2026	+7.93%	+8.07%
2025	+18.06%	+17.22%
2024	+4.74%	+29.40%
2023	+8.48%	+22.44%
2022	-10.12%	-24.06%
2021	+10.38%	+34.84%
2020	+2.09%	+25.88%
2019	+26.00%	+38.06%
2018	-8.07%	-4.03%
2017	+15.50%	+25.28%
2016	+9.64%	+16.51%
2015	-6.56%	-4.73%
2014	+10.98%	+14.95%
2013	+5.94%	+18.27%
2012	N/A	+26.53%
2011	N/A	-4.16%
2010	N/A	+12.12%
2009	N/A	+48.27%
2008	N/A	-48.59%
2007	N/A	-2.22%
2006	N/A	+23.71%
2005	N/A	+3.84%
2004	N/A	-3.64%

NFRA vs CSQ Drawdown Comparison

The maximum drawdown for NFRA was -32.48%, occurring on Mar 23, 2020. Recovery took 225 trading sessions.

The maximum drawdown for CSQ was -67.02%, occurring on Nov 20, 2008. Recovery took 1214 trading sessions.

The current NFRA drawdown is -2.51%.

Rank	NFRA	CSQ
#1	-32.48% Feb 19, 2020 - Jan 8, 2021	-67.02% May 22, 2007 - Mar 15, 2012
#2	-22.74% Sep 2, 2021 - Jul 12, 2024	-48.11% Feb 20, 2020 - Aug 12, 2020
#3	-18.01% Apr 28, 2015 - Jul 14, 2016	-33.06% Dec 30, 2021 - Mar 20, 2024
#4	-13.24% Jan 26, 2018 - Feb 22, 2019	-29.03% Sep 24, 2018 - Apr 29, 2019
#5	-9.17% Sep 16, 2024 - Apr 28, 2025	-24.60% May 18, 2015 - Jul 15, 2016
#6	-9.10% Jul 29, 2016 - Mar 15, 2017	-24.18% Jan 23, 2025 - Jun 26, 2025
#7	-8.12% Sep 5, 2014 - Feb 24, 2015	-17.11% Apr 1, 2004 - Jul 8, 2005
#8	-7.28% Feb 27, 2026 - Mar 20, 2026	-15.25% Jan 12, 2026 - Apr 20, 2026
#9	-4.84% Jul 3, 2019 - Sep 12, 2019	-14.59% Aug 27, 2014 - Nov 14, 2014
#10	-4.82% Feb 24, 2015 - Apr 23, 2015	-12.20% Oct 17, 2012 - Jan 7, 2013
#11	-4.72% Jul 23, 2014 - Sep 3, 2014	-10.85% Jan 26, 2018 - Jun 1, 2018
#12	-4.60% Oct 20, 2025 - Jan 27, 2026	-9.91% Sep 2, 2020 - Nov 10, 2020
#13	-4.31% Jun 15, 2021 - Sep 1, 2021	-9.90% May 17, 2013 - Oct 25, 2013
#14	-4.22% Dec 31, 2013 - Feb 18, 2014	-9.75% Jul 10, 2024 - Sep 23, 2024
#15	-3.77% Jan 8, 2021 - Feb 11, 2021	-9.53% Apr 15, 2021 - Jun 29, 2021

Correlation

Correlation between NFRA and CSQ is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2004 - 2026)

NFRA vs CSQ dividend yield comparison.

Year	NFRA	CSQ
2026	0.24%	1.81%
2025	6.00%	6.51%
2024	3.33%	6.95%
2023	2.57%	8.27%
2022	2.28%	9.17%
2021	2.71%	6.38%
2020	2.22%	7.03%
2019	2.27%	7.14%
2018	3.06%	9.35%
2017	2.81%	8.20%
2016	2.98%	9.64%
2015	2.47%	10.00%
2014	3.01%	8.44%
2013	0.14%	7.71%
2012	0.00%	8.56%
2011	0.00%	7.54%
2010	0.00%	6.80%
2009	0.00%	8.93%
2008	0.00%	18.36%
2007	0.00%	8.71%
2006	0.00%	7.48%
2005	0.00%	7.66%
2004	0.00%	4.28%