CFAGX vs. CFBNX
CFAGX (Commerce MidCap Growth Fund) and CFBNX (Commerce Bond Fund) are both mutual funds - CFAGX is a Mid Cap Growth Equities fund managed by Commerce, while CFBNX is a Intermediate Core Bond fund managed by Commerce. Over the past 10 years, CFAGX returned 9.77%/yr vs 1.64%/yr for CFBNX. Their -0.12 correlation means they have often moved in opposite directions in the past. CFAGX charges 0.71%/yr vs 0.60%/yr for CFBNX.
Performance
CFAGX vs. CFBNX - Performance Comparison
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Returns By Period
In the year-to-date period, CFAGX achieves a 2.11% return, which is significantly higher than CFBNX's -0.62% return. Over the past 10 years, CFAGX has outperformed CFBNX with an annualized return of 9.77%, while CFBNX has yielded a comparatively lower 1.64% annualized return.
CFAGX
- 1D
- 2.05%
- 1M
- -3.31%
- 6M
- 3.31%
- YTD
- 2.11%
- 1Y
- -1.66%
- 3Y*
- 6.82%
- 5Y*
- 2.54%
- 10Y*
- 9.77%
- ALL TIME*
- 7.65%
CFBNX
- 1D
- 0.06%
- 1M
- -1.28%
- 6M
- -0.91%
- YTD
- -0.62%
- 1Y
- 1.75%
- 3Y*
- 3.73%
- 5Y*
- -0.36%
- 10Y*
- 1.64%
- ALL TIME*
- 4.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
CFBNX Commerce Bond Fund | $0.00 | $0.00 | $0.00 |
CFAGX vs. CFBNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFAGX Commerce MidCap Growth Fund | 2.11% | 1.58% | 11.77% | 17.74% | -20.31% | 19.12% | 23.78% | 34.41% | -4.55% | 23.39% |
CFBNX Commerce Bond Fund | -0.62% | 7.12% | 1.52% | 5.97% | -13.30% | -0.56% | 7.15% | 8.97% | -0.58% | 4.55% |
Correlation
The correlation between CFAGX and CFBNX is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 1996 | -0.12 |
The correlation between CFAGX and CFBNX shifts across timeframes, from -0.12 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CFAGX vs. CFBNX — Risk / Return Rank
CFAGX
CFBNX
CFAGX vs. CFBNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerce MidCap Growth Fund (CFAGX) and Commerce Bond Fund (CFBNX). 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.
| CFAGX | CFBNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.14 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 0.98 | -1.30 |
| Martin ratioReturn relative to average drawdown | -0.82 | 2.40 | -3.22 |
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Drawdowns
CFAGX vs. CFBNX - Drawdown Comparison
The maximum CFAGX drawdown since its inception was -61.05%, which is greater than CFBNX's maximum drawdown of -17.90%. Use the drawdown chart below to compare losses from any high point for CFAGX and CFBNX.
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Drawdown Indicators
| CFAGX | CFBNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.05% | -17.90% | -43.15% |
Max Drawdown (1Y)Largest decline over 1 year | -12.85% | -2.98% | -9.87% |
Max Drawdown (3Y)Largest decline over 3 years | -21.16% | -4.79% | -16.37% |
Max Drawdown (5Y)Largest decline over 5 years | -28.99% | -17.86% | -11.13% |
Max Drawdown (10Y)Largest decline over 10 years | -34.23% | -17.90% | -16.33% |
Current DrawdownCurrent decline from peak | -4.45% | -2.48% | -1.97% |
Average DrawdownAverage peak-to-trough decline | -14.83% | -2.11% | -12.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 1.22% | +3.74% |
Volatility
CFAGX vs. CFBNX - Volatility Comparison
Commerce MidCap Growth Fund (CFAGX) has a higher volatility of 4.75% compared to Commerce Bond Fund (CFBNX) at 0.99%. This indicates that CFAGX's price experiences larger fluctuations and is considered to be riskier than CFBNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CFAGX | CFBNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 0.99% | +3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 11.93% | 2.96% | +8.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.93% | 3.75% | +11.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 5.57% | +12.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 4.71% | +13.77% |
CFAGX vs. CFBNX - Expense Ratio Comparison
CFAGX has a 0.71% expense ratio, which is higher than CFBNX's 0.60% expense ratio.
Dividends
CFAGX vs. CFBNX - Dividend Comparison
CFAGX's dividend yield for the trailing twelve months is around 24.37%, more than CFBNX's 3.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFAGX Commerce MidCap Growth Fund | 24.37% | 24.89% | 10.80% | 6.77% | 2.00% | 19.35% | 4.23% | 6.59% | 10.81% | 7.05% | 5.27% | 8.83% |
CFBNX Commerce Bond Fund | 3.37% | 3.54% | 2.94% | 2.67% | 2.40% | 3.02% | 2.71% | 3.14% | 3.25% | 3.23% | 3.40% | 3.52% |
Frequently Asked Questions
CFAGX and CFBNX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CFAGX has higher volatility (4.75%) compared to CFBNX (0.99%). In terms of maximum drawdown, CFAGX dropped -61.05% vs CFBNX's -17.90%.
CFBNX currently has the higher Sharpe Ratio (0.78 vs -0.27), 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.
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