Commonwealth Global Fund (CNGLX)

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The chart shows the growth of an initial investment of $10,000 in Commonwealth Global Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Commonwealth Global Fund (CNGLX) has returned -5.21% so far this year and 4.76% over the past 12 months. Over the last ten years, CNGLX has returned 4.96% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 11, 2002, CNGLX's average daily return is +0.03%, while the average monthly return is +0.49%. At this rate, your investment would double in approximately 11.8 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +11.5%, while the worst month was Oct 2008 at -21.7%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CNGLX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -10.2%.

Commonwealth Global Fund has an annualized alpha of -2.70%, beta of 0.90, and R² of 0.86 versus S&P 500 Index. Calculated based on daily prices since December 12, 2002.

• This fund participated in 105.77% of S&P 500 Index downside but only 87.62% of its upside — more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -2.70% versus S&P 500 Index — delivering less than market exposure alone would predict.
• With beta of 0.90 and R² of 0.86, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

CNGLX has a high expense ratio of 2.49%, indicating above-average management fees.

CNGLX ranks 11 for risk / return — in the bottom 11% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Commonwealth Global Fund (CNGLX) and compare them to a chosen benchmark (S&P 500 Index).

Commonwealth Global Fund provided a 3.74% dividend yield over the last twelve months, with an annual payout of $0.73 per share.

The table displays the monthly dividend distributions for Commonwealth Global Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Commonwealth Global Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Commonwealth Global Fund was 58.14%, occurring on Mar 9, 2009. Recovery took 1163 trading sessions.

The current Commonwealth Global Fund drawdown is 9.33%.

The chart below shows the rolling one-month volatility.