CCMG vs. SPY
Compare and contrast key facts about CCM Global Equity ETF (CCMG) and SPDR S&P 500 ETF (SPY).
CCMG and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CCMG is a passively managed fund by CCM that tracks the performance of the NONE. It was launched on Jan 17, 2024. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both CCMG and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCMG or SPY.
Correlation
The correlation between CCMG and SPY 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
CCMG vs. SPY - Performance Comparison
Key characteristics
CCMG:
0.35
SPY:
0.56
CCMG:
0.60
SPY:
0.92
CCMG:
1.08
SPY:
1.14
CCMG:
0.37
SPY:
0.59
CCMG:
1.53
SPY:
2.32
CCMG:
3.51%
SPY:
4.80%
CCMG:
15.49%
SPY:
20.01%
CCMG:
-14.51%
SPY:
-55.19%
CCMG:
-4.14%
SPY:
-8.17%
Returns By Period
In the year-to-date period, CCMG achieves a 1.59% return, which is significantly higher than SPY's -3.97% return.
CCMG
1.59%
10.19%
-2.96%
4.64%
N/A
N/A
SPY
-3.97%
11.26%
-4.45%
9.89%
15.66%
12.19%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CCMG vs. SPY - Expense Ratio Comparison
CCMG has a 0.34% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
CCMG vs. SPY — Risk-Adjusted Performance Rank
CCMG
SPY
CCMG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CCM Global Equity ETF (CCMG) and SPDR S&P 500 ETF (SPY). 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
CCMG vs. SPY - Dividend Comparison
CCMG's dividend yield for the trailing twelve months is around 2.30%, more than SPY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCMG CCM Global Equity ETF | 2.30% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CCMG vs. SPY - Drawdown Comparison
The maximum CCMG drawdown since its inception was -14.51%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CCMG and SPY. For additional features, visit the drawdowns tool.
Volatility
CCMG vs. SPY - Volatility Comparison
The current volatility for CCM Global Equity ETF (CCMG) is 8.28%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.55%. This indicates that CCMG experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.