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.
Correlation
The correlation between CBT and SPMO is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CBT vs. SPMO - Performance Comparison
Key characteristics
CBT:
-0.77
SPMO:
1.01
CBT:
-1.06
SPMO:
1.50
CBT:
0.88
SPMO:
1.22
CBT:
-0.68
SPMO:
1.24
CBT:
-1.44
SPMO:
4.48
CBT:
17.77%
SPMO:
5.57%
CBT:
34.01%
SPMO:
24.70%
CBT:
-82.87%
SPMO:
-30.95%
CBT:
-36.21%
SPMO:
-4.45%
Returns By Period
In the year-to-date period, CBT achieves a -18.58% return, which is significantly lower than SPMO's 3.85% return.
CBT
-18.58%
-8.55%
-35.09%
-26.09%
20.69%
8.34%
SPMO
3.85%
7.14%
2.04%
24.65%
20.69%
N/A
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Risk-Adjusted Performance
CBT vs. SPMO — Risk-Adjusted Performance Rank
CBT
SPMO
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 2.33%, more than SPMO's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBT Cabot Corporation | 2.33% | 1.85% | 1.88% | 2.21% | 2.53% | 3.12% | 2.90% | 3.04% | 2.02% | 2.22% | 2.68% | 1.96% |
SPMO Invesco S&P 500® Momentum ETF | 0.52% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 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 9.77% compared to Invesco S&P 500® Momentum ETF (SPMO) at 8.06%. 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.