- ISIN
- US20651N3070
- CUSIP
- 20651N307
- Issuer
- BlackRock
- Inception Date
- Dec 3, 1987
- Category
- Diversified Portfolio
- Min. Investment
- $500
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
CONWX Performance Chart
Concorde Wealth Management Fund (CONWX) is up 5.5% since the beginning of the year. CONWX is currently trading at $20 per share. Investors who bought $1,000 worth of CONWX shares 5 years ago would now be looking at an investment worth $1,373.
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Returns By Period
Concorde Wealth Management Fund (CONWX) has returned 5.52% so far this year and 13.72% over the past 12 months. Over the last ten years, CONWX has returned 8.14% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Concorde Wealth Management Fund
- 1D
- -0.10%
- 1M
- -2.13%
- YTD
- 5.52%
- 6M
- 5.14%
- 1Y
- 13.72%
- 3Y*
- 11.41%
- 5Y*
- 6.54%
- 10Y*
- 8.14%
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%
CONWX Monthly Returns History
Based on dividend-adjusted daily data since Jan 5, 2016, CONWX's average daily return is +0.03%, while the average monthly return is +0.72%. At this rate, an investment would double in approximately 8.1 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +8.4%, while the worst month was Mar 2020 at -12.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, CONWX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +6.6%, while the worst single day was Mar 16, 2020 at -6.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.48% | 5.34% | -0.95% | -0.48% | -1.15% | -1.60% | 5.52% | ||||||
| 2025 | 2.59% | 1.32% | -0.65% | -2.34% | 1.40% | 1.27% | 0.87% | 1.35% | 2.60% | 0.83% | 2.00% | 0.22% | 11.95% |
| 2024 | -0.58% | 2.45% | 3.98% | -2.24% | 2.57% | 0.82% | 3.90% | 0.42% | 0.78% | 0.82% | 5.31% | -4.97% | 13.58% |
| 2023 | 0.06% | -3.24% | 0.12% | 0.29% | -2.40% | 2.75% | 2.27% | 0.57% | -2.61% | -1.22% | 1.94% | 1.87% | 0.20% |
| 2022 | -1.80% | -0.00% | 2.41% | -3.63% | 2.55% | -7.87% | 6.18% | -1.96% | -5.29% | 7.86% | 3.75% | -3.50% | -2.51% |
| 2021 | 1.60% | 4.91% | 4.96% | 2.50% | 0.78% | 0.67% | 0.05% | 0.92% | -2.73% | 3.17% | -0.71% | 2.29% | 19.73% |
Benchmark Metrics
Concorde Wealth Management Fund has an annualized alpha of 1.16%, beta of 0.53, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.
- This fund participated in 59.30% of S&P 500 Index downside but only 53.49% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.53 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.16%
- Beta
- 0.53
- R²
- 0.72
- Upside Capture
- 53.49%
- Downside Capture
- 59.30%
Expense Ratio
CONWX has a high expense ratio of 1.41%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CONWX ranks 55 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Concorde Wealth Management Fund (CONWX) 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.
| CONWX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 2.78 | +0.33 |
| Martin ratioReturn relative to average drawdown | 9.37 | 12.44 | -3.06 |
Dividends
Dividend History
Concorde Wealth Management Fund provided a 3.49% dividend yield over the last twelve months, with an annual payout of $0.71 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.71 | $0.71 | $1.88 | $0.37 | $1.38 | $0.70 | $0.65 | $0.35 | $0.72 | $0.37 |
Dividend yield | 3.49% | 3.69% | 10.55% | 2.16% | 7.85% | 3.63% | 3.86% | 2.16% | 5.09% | 2.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Concorde Wealth Management 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 | $0.71 | $0.71 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.88 | $1.88 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.38 | $1.38 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
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 Concorde Wealth Management 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 Concorde Wealth Management Fund was 26.09%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current Concorde Wealth Management Fund drawdown is 4.44%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -26.09%Mar 2020 | 1mo 1d | 7mo 28d | 8mo 29dFeb 2020 - Nov 2020 |
Rate-hike selloffLate 2018 | -13.71%Dec 2018 | 3mo 1d | 3mo 19d | 6mo 20dSep 2018 - Apr 2019 |
Bear market2022 | -12.49%Sep 2022 | 6mo | 1y 5mo | 1y 11moMar 2022 - Mar 2024 |
2025 selloff2025 | -9.86%Apr 2025 | 4mo 14d | 4mo 21d | 9mo 5dNov 2024 - Aug 2025 |
2016 pullback2016 | -8.10%Feb 2016 | 1mo 6d | 21d | 1mo 27dJan 2016 - Mar 2016 |
Drawdown Indicators
| CONWX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.09% | -56.78% | +30.69% |
Max Drawdown (1Y)Largest decline over 1 year | -4.44% | -9.10% | +4.66% |
Max Drawdown (3Y)Largest decline over 3 years | -9.86% | -18.90% | +9.04% |
Max Drawdown (5Y)Largest decline over 5 years | -12.49% | -25.43% | +12.94% |
Max Drawdown (10Y)Largest decline over 10 years | -26.09% | -33.92% | +7.83% |
Current DrawdownCurrent decline from peak | -4.44% | -1.80% | -2.64% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -10.71% | +7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 2.03% | -0.56% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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