CBT vs. SPMO
Compare and contrast key facts about Cabot Corporation (CBT) and Invesco S&P 500® Momentum ETF (SPMO).
SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBT or SPMO.
Key characteristics
| CBT | SPMO | |
|---|---|---|
| YTD Return | 27.12% | 36.34% |
| 1Y Return | 51.67% | 50.04% |
| 3Y Return (Ann) | 30.82% | 14.15% |
| 5Y Return (Ann) | 20.22% | 18.70% |
| Sharpe Ratio | 1.68 | 2.86 |
| Daily Std Dev | 32.77% | 18.02% |
| Max Drawdown | -82.87% | -30.95% |
| Current Drawdown | -0.34% | -2.79% |
Correlation
The correlation between CBT and SPMO is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CBT vs. SPMO - Performance Comparison
In the year-to-date period, CBT achieves a 27.12% return, which is significantly lower than SPMO's 36.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CBT vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cabot Corporation (CBT) and Invesco S&P 500® Momentum ETF (SPMO). 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.
Dividends
CBT vs. SPMO - Dividend Comparison
CBT's dividend yield for the trailing twelve months is around 1.58%, more than SPMO's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBT Cabot Corporation | 1.58% | 1.88% | 2.21% | 2.53% | 3.12% | 2.90% | 3.04% | 2.02% | 2.22% | 2.68% | 1.96% | 1.56% |
SPMO Invesco S&P 500® Momentum ETF | 0.72% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% | 0.00% |
Drawdowns
CBT vs. SPMO - Drawdown Comparison
The maximum CBT drawdown since its inception was -82.87%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for CBT and SPMO. For additional features, visit the drawdowns tool.
Volatility
CBT vs. SPMO - Volatility Comparison
Cabot Corporation (CBT) has a higher volatility of 7.60% compared to Invesco S&P 500® Momentum ETF (SPMO) at 6.30%. This indicates that CBT's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.