CFAGX vs. KTXIX
CFAGX (Commerce MidCap Growth Fund) and KTXIX (Commerce Kansas Tax-Free Intermediate Bond Fund) are both mutual funds - CFAGX is a Mid Cap Growth Equities fund managed by Commerce, while KTXIX is a Municipal Bonds fund managed by Commerce. Over the past 10 years, CFAGX returned 9.88%/yr vs 1.24%/yr for KTXIX. Their -0.10 correlation means they have often moved in opposite directions in the past. CFAGX charges 0.71%/yr vs 0.70%/yr for KTXIX.
Performance
CFAGX vs. KTXIX - Performance Comparison
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Returns By Period
In the year-to-date period, CFAGX achieves a 2.17% return, which is significantly higher than KTXIX's -0.97% return. Over the past 10 years, CFAGX has outperformed KTXIX with an annualized return of 9.88%, while KTXIX has yielded a comparatively lower 1.24% annualized return.
CFAGX
- 1D
- 0.05%
- 1M
- -3.26%
- 6M
- 2.88%
- YTD
- 2.17%
- 1Y
- -1.61%
- 3Y*
- 6.94%
- 5Y*
- 2.55%
- 10Y*
- 9.88%
- ALL TIME*
- 7.66%
KTXIX
- 1D
- -0.11%
- 1M
- -2.00%
- 6M
- -1.62%
- YTD
- -0.97%
- 1Y
- 2.67%
- 3Y*
- 2.54%
- 5Y*
- 0.06%
- 10Y*
- 1.24%
- ALL TIME*
- 3.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CFAGX vs. KTXIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFAGX Commerce MidCap Growth Fund | 2.17% | 1.58% | 11.77% | 17.74% | -20.31% | 19.12% | 23.78% | 34.41% | -4.55% | 23.39% |
KTXIX Commerce Kansas Tax-Free Intermediate Bond Fund | -0.97% | 5.32% | 0.39% | 4.05% | -7.55% | 0.23% | 4.32% | 5.79% | 0.95% | 3.95% |
Correlation
The correlation between CFAGX and KTXIX is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.13 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.05 |
Correlation (All Time) Calculated using the full available price history since Dec 26, 2000 | -0.10 |
The correlation between CFAGX and KTXIX shifts across timeframes, from -0.10 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CFAGX vs. KTXIX — Risk / Return Rank
CFAGX
KTXIX
CFAGX vs. KTXIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerce MidCap Growth Fund (CFAGX) and Commerce Kansas Tax-Free Intermediate Bond Fund (KTXIX). 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 | KTXIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.51 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.29 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 1.03 | -1.27 |
| Martin ratioReturn relative to average drawdown | -0.61 | 2.84 | -3.45 |
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Drawdowns
CFAGX vs. KTXIX - Drawdown Comparison
The maximum CFAGX drawdown since its inception was -61.05%, which is greater than KTXIX's maximum drawdown of -12.47%. Use the drawdown chart below to compare losses from any high point for CFAGX and KTXIX.
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Drawdown Indicators
| CFAGX | KTXIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.05% | -12.47% | -48.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.85% | -2.87% | -9.98% |
Max Drawdown (3Y)Largest decline over 3 years | -21.16% | -4.62% | -16.54% |
Max Drawdown (5Y)Largest decline over 5 years | -28.99% | -12.43% | -16.56% |
Max Drawdown (10Y)Largest decline over 10 years | -34.23% | -12.47% | -21.76% |
Current DrawdownCurrent decline from peak | -4.40% | -2.62% | -1.78% |
Average DrawdownAverage peak-to-trough decline | -14.83% | -1.63% | -13.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 1.04% | +3.90% |
Volatility
CFAGX vs. KTXIX - Volatility Comparison
Commerce MidCap Growth Fund (CFAGX) has a higher volatility of 4.75% compared to Commerce Kansas Tax-Free Intermediate Bond Fund (KTXIX) at 0.86%. This indicates that CFAGX's price experiences larger fluctuations and is considered to be riskier than KTXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CFAGX | KTXIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 0.86% | +3.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.92% | 1.96% | +9.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.93% | 2.29% | +12.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.52% | 3.21% | +15.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 3.26% | +15.22% |
CFAGX vs. KTXIX - Expense Ratio Comparison
CFAGX has a 0.71% expense ratio, which is higher than KTXIX's 0.70% expense ratio.
Dividends
CFAGX vs. KTXIX - Dividend Comparison
CFAGX's dividend yield for the trailing twelve months is around 24.36%, more than KTXIX's 2.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFAGX Commerce MidCap Growth Fund | 24.36% | 24.89% | 10.80% | 6.77% | 2.00% | 19.35% | 4.23% | 6.59% | 10.81% | 7.05% | 5.27% | 8.83% |
KTXIX Commerce Kansas Tax-Free Intermediate Bond Fund | 2.52% | 3.38% | 2.19% | 2.02% | 1.49% | 1.53% | 1.67% | 2.31% | 2.23% | 2.19% | 2.19% | 2.18% |
Frequently Asked Questions
CFAGX and KTXIX have a correlation of 0.24, 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 KTXIX (0.86%). In terms of maximum drawdown, CFAGX dropped -61.05% vs KTXIX's -12.47%.
KTXIX currently has the higher Sharpe Ratio (1.31 vs -0.20), 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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