CAML vs. CAFX

Last updated Jun 23, 2026

CAML (Congress Large Cap Growth ETF) and CAFX (Congress Intermediate Bond ETF) are both exchange-traded funds - CAML is a Large Cap Growth Equities fund actively managed by Congress, while CAFX is a Intermediate Core Bond fund actively managed by Congress. Both are actively managed. Over the past year, CAML returned 15.43% vs 3.34% for CAFX. At a 0.14 correlation, their price movements are largely independent. CAML charges 0.65%/yr vs 0.35%/yr for CAFX.

Performance

CAML vs. CAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Congress Large Cap Growth ETF (CAML) and Congress Intermediate Bond ETF (CAFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CAML achieves a 5.06% return, which is significantly higher than CAFX's 0.18% return.

CAML

• 1D: -0.77%
• 1M: 1.11%
• YTD: 5.06%
• 6M: 4.24%
• 1Y: 15.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAFX

• 1D: -0.19%
• 1M: 0.20%
• YTD: 0.18%
• 6M: 0.34%
• 1Y: 3.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CAML vs. CAFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CAML Congress Large Cap Growth ETF	5.06%	12.43%	7.67%
CAFX Congress Intermediate Bond ETF	0.18%	6.46%	-1.50%

Correlation

The correlation between CAML and CAFX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Sep 10, 2024	0.14

The correlation between CAML and CAFX shifts across timeframes, from 0.14 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CAML vs. CAFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAML

CAML Risk / Return Rank: 27
CAML Sharpe Ratio Rank: 29
CAML Sortino Ratio Rank: 28
CAML Omega Ratio Rank: 27
CAML Calmar Ratio Rank: 23
CAML Martin Ratio Rank: 26

CAFX

CAFX Risk / Return Rank: 35
CAFX Sharpe Ratio Rank: 33
CAFX Sortino Ratio Rank: 35
CAFX Omega Ratio Rank: 32
CAFX Calmar Ratio Rank: 39
CAFX Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAML vs. CAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Congress Large Cap Growth ETF (CAML) and Congress Intermediate Bond ETF (CAFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	CAML	CAFX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.16	-0.14
Sortino ratio: Return per unit of downside risk	1.49	1.77	-0.27
Omega ratio: Gain probability vs. loss probability	1.18	1.21	-0.03
Calmar ratio: Return relative to maximum drawdown	1.04	1.88	-0.84
Martin ratio: Return relative to average drawdown	3.41	5.20	-1.79

CAML vs. CAFX - Sharpe Ratio Comparison

The current CAML Sharpe Ratio is 1.01, which is comparable to the CAFX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of CAML and CAFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CAML vs. CAFX - Drawdown Comparison

The maximum CAML drawdown since its inception was -21.06%, which is greater than CAFX's maximum drawdown of -2.63%. Use the drawdown chart below to compare losses from any high point for CAML and CAFX.

Drawdown Indicators

	CAML	CAFX	Difference
Max Drawdown Largest peak-to-trough decline	-21.06%	-2.63%	-18.43%
Max Drawdown (1Y) Largest decline over 1 year	-14.86%	-1.79%	-13.07%
Current Drawdown Current decline from peak	-1.57%	-1.03%	-0.54%
Average Drawdown Average peak-to-trough decline	-3.06%	-0.74%	-2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.54%	0.64%	+3.90%

Volatility

CAML vs. CAFX - Volatility Comparison

Congress Large Cap Growth ETF (CAML) has a higher volatility of 5.61% compared to Congress Intermediate Bond ETF (CAFX) at 0.80%. This indicates that CAML's price experiences larger fluctuations and is considered to be riskier than CAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAML	CAFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	0.80%	+4.81%
Volatility (6M) Calculated over the trailing 6-month period	12.11%	1.94%	+10.17%
Volatility (1Y) Calculated over the trailing 1-year period	15.30%	2.91%	+12.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.85%	3.16%	+14.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.85%	3.16%	+14.69%

CAML vs. CAFX - Expense Ratio Comparison

CAML has a 0.65% expense ratio, which is higher than CAFX's 0.35% expense ratio.

Dividends

CAML vs. CAFX - Dividend Comparison

CAML has not paid dividends to shareholders, while CAFX's dividend yield for the trailing twelve months is around 4.01%.

Position	TTM	2025	2024	2023
CAFX Congress Intermediate Bond ETF	4.01%	3.92%	0.96%	0.00%
CAML Congress Large Cap Growth ETF	0.00%	0.00%	0.06%	0.15%

Frequently Asked Questions

Can I hold both CAML and CAFX in my portfolio?

CAML and CAFX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CAML or CAFX?

CAML has higher volatility (5.61%) compared to CAFX (0.80%). In terms of maximum drawdown, CAML dropped -21.06% vs CAFX's -2.63%.

Which ETF is better, CAML or CAFX?

On 1-year performance, CAML leads with 15.43% vs 3.34% for CAFX. On fees, CAFX is cheaper at 0.35% per year. On volatility, CAFX has been the lower-risk option at 0.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CAML or CAFX?

Over the 1-year period, CAML has performed better with a 15.43% return vs 3.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CAML or CAFX?

CAFX is cheaper with a 0.35% expense ratio, compared with 0.65% for CAML.

Which ETF pays a higher dividend yield, CAML or CAFX?

CAFX has the higher dividend yield at 4.01%, compared with 0.00% for CAML.

What is the main difference between CAML and CAFX?

CAML is categorized as Large Cap Growth Equities, while CAFX is Intermediate Core Bond. Their fees differ too: 0.65% for CAML and 0.35% for CAFX.

Which has better risk-adjusted returns?

CAFX currently has the higher Sharpe Ratio (1.16 vs 1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.