- ISIN
- US2030423048
- CUSIP
- 203042304
- Inception Date
- Dec 2, 2002
- Category
- Global Equities
- Min. Investment
- $200
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
CNGLX Performance Chart
Commonwealth Global Fund (CNGLX) is up 6.7% since the beginning of the year. CNGLX is currently trading at $22 per share. Investors who bought $1,000 worth of CNGLX shares 5 years ago would now be looking at an investment worth $1,191.
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Returns By Period
Commonwealth Global Fund (CNGLX) has returned 6.66% so far this year and 14.58% over the past 12 months. Over the last ten years, CNGLX has returned 6.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Commonwealth Global Fund
- 1D
- 0.91%
- 1M
- 0.23%
- YTD
- 6.66%
- 6M
- 6.66%
- 1Y
- 14.58%
- 3Y*
- 7.47%
- 5Y*
- 3.56%
- 10Y*
- 6.13%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CNGLX Monthly Returns History
Based on dividend-adjusted daily data since Dec 11, 2002, CNGLX's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, an investment would double in approximately 10.9 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.48% | 2.50% | -6.19% | 6.50% | 4.88% | -1.16% | 6.66% | ||||||
| 2025 | 3.43% | -1.87% | -5.09% | -1.24% | 4.28% | 2.20% | -0.78% | 3.95% | 0.90% | 0.99% | 0.19% | -0.27% | 6.46% |
| 2024 | -2.11% | 2.52% | 3.58% | -2.42% | 2.99% | 0.98% | 4.04% | 1.59% | -0.69% | -3.48% | 4.37% | -4.27% | 6.79% |
| 2023 | 5.63% | -2.80% | 4.41% | 0.43% | -3.12% | 5.45% | 3.16% | -4.60% | -4.93% | -4.34% | 9.02% | 5.24% | 12.94% |
| 2022 | -5.63% | -3.27% | 1.06% | -7.55% | 0.49% | -8.56% | 6.59% | -3.98% | -10.24% | 8.01% | 8.01% | -4.53% | -19.81% |
| 2021 | 0.84% | -0.10% | 3.32% | 1.71% | 0.79% | 0.69% | 1.32% | 1.83% | -3.31% | 3.12% | -2.84% | 5.65% | 13.45% |
Benchmark Metrics
Commonwealth Global Fund has an annualized alpha of -2.80%, beta of 0.90, and R2 of 0.86 versus S&P 500 Index. Calculated based on daily prices since December 11, 2002.
- This fund participated in 106.07% of S&P 500 Index downside but only 87.13% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.80% 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.
- Alpha
- -2.80%
- Beta
- 0.90
- R²
- 0.86
- Upside Capture
- 87.13%
- Downside Capture
- 106.07%
Expense Ratio
CNGLX has a high expense ratio of 2.49%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CNGLX ranks 20 for risk / return — in the bottom 20% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Commonwealth Global Fund (CNGLX) and compare them to S&P 500 Index.
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.
| CNGLX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.37 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 2.78 | -1.31 |
| Martin ratioReturn relative to average drawdown | 5.18 | 12.44 | -7.26 |
Dividends
Dividend History
Commonwealth Global Fund provided a 3.32% dividend yield over the last twelve months, with an annual payout of $0.73 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.73 | $0.73 | $0.68 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.60 |
Dividend yield | 3.32% | 3.54% | 3.37% | 0.00% | 0.85% | 0.00% | 0.00% | 0.00% | 0.17% | 0.00% | 4.43% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
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 1.47%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.14%Mar 2009 | 1y 7mo | 4y 7mo | 6y 3moJul 2007 - Oct 2013 |
COVID crash2020 | -33.90%Mar 2020 | 2mo 2d | 5mo 13d | 7mo 15dJan 2020 - Sep 2020 |
Bear market2022 | -28.30%Sep 2022 | 8mo 28d | 1y 10mo | 2y 7moJan 2022 - Aug 2024 |
2016 bear market2016 | -25.41%Feb 2016 | 1y 7mo | 1y 10mo | 3y 5moJul 2014 - Dec 2017 |
Rate-hike selloffLate 2018 | -21.19%Dec 2018 | 10mo 29d | 11mo 27d | 1y 10moJan 2018 - Dec 2019 |
Drawdown Indicators
| CNGLX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.14% | -56.78% | -1.36% |
Max Drawdown (1Y)Largest decline over 1 year | -9.75% | -9.10% | -0.65% |
Max Drawdown (3Y)Largest decline over 3 years | -19.28% | -18.90% | -0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -25.43% | -2.87% |
Max Drawdown (10Y)Largest decline over 10 years | -33.90% | -33.92% | +0.02% |
Current DrawdownCurrent decline from peak | -1.47% | -1.80% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -9.91% | -10.71% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 2.03% | +0.73% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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