CFBNX vs. CFAGX
CFBNX (Commerce Bond Fund) and CFAGX (Commerce MidCap Growth Fund) are both mutual funds - CFBNX is a Intermediate Core Bond fund managed by Commerce, while CFAGX is a Mid Cap Growth Equities fund managed by Commerce. Over the past 10 years, CFBNX returned 1.63%/yr vs 9.88%/yr for CFAGX. Their -0.12 correlation means they have often moved in opposite directions in the past. CFBNX charges 0.60%/yr vs 0.71%/yr for CFAGX.
Performance
CFBNX vs. CFAGX - Performance Comparison
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Returns By Period
In the year-to-date period, CFBNX achieves a -0.90% return, which is significantly lower than CFAGX's 2.17% return. Over the past 10 years, CFBNX has underperformed CFAGX with an annualized return of 1.63%, while CFAGX has yielded a comparatively higher 9.88% annualized return.
CFBNX
- 1D
- -0.28%
- 1M
- -1.56%
- 6M
- -1.08%
- YTD
- -0.90%
- 1Y
- 1.47%
- 3Y*
- 3.81%
- 5Y*
- -0.42%
- 10Y*
- 1.63%
- ALL TIME*
- 4.55%
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%
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 |
CFBNX vs. CFAGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFBNX Commerce Bond Fund | -0.90% | 7.12% | 1.52% | 5.97% | -13.30% | -0.56% | 7.15% | 8.97% | -0.58% | 4.55% |
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% |
Correlation
The correlation between CFBNX and CFAGX is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.38 |
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 CFBNX and CFAGX shifts across timeframes, from -0.12 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CFBNX vs. CFAGX — Risk / Return Rank
CFBNX
CFAGX
CFBNX vs. CFAGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerce Bond Fund (CFBNX) and Commerce MidCap Growth Fund (CFAGX). 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.
| CFBNX | CFAGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.98 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | -0.23 | +1.00 |
| Martin ratioReturn relative to average drawdown | 1.84 | -0.61 | +2.45 |
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Drawdowns
CFBNX vs. CFAGX - Drawdown Comparison
The maximum CFBNX drawdown since its inception was -17.90%, smaller than the maximum CFAGX drawdown of -61.05%. Use the drawdown chart below to compare losses from any high point for CFBNX and CFAGX.
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Drawdown Indicators
| CFBNX | CFAGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.90% | -61.05% | +43.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | -12.85% | +9.87% |
Max Drawdown (3Y)Largest decline over 3 years | -4.79% | -21.16% | +16.37% |
Max Drawdown (5Y)Largest decline over 5 years | -17.72% | -28.99% | +11.27% |
Max Drawdown (10Y)Largest decline over 10 years | -17.90% | -34.23% | +16.33% |
Current DrawdownCurrent decline from peak | -2.76% | -4.40% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -2.11% | -14.83% | +12.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 4.94% | -3.71% |
Volatility
CFBNX vs. CFAGX - Volatility Comparison
The current volatility for Commerce Bond Fund (CFBNX) is 1.00%, while Commerce MidCap Growth Fund (CFAGX) has a volatility of 4.75%. This indicates that CFBNX experiences smaller price fluctuations and is considered to be less risky than CFAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CFBNX | CFAGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 4.75% | -3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 11.92% | -8.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.76% | 14.93% | -11.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.57% | 18.52% | -12.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.71% | 18.48% | -13.77% |
CFBNX vs. CFAGX - Expense Ratio Comparison
CFBNX has a 0.60% expense ratio, which is lower than CFAGX's 0.71% expense ratio.
Dividends
CFBNX vs. CFAGX - Dividend Comparison
CFBNX's dividend yield for the trailing twelve months is around 3.38%, less than CFAGX's 24.36% 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% |
CFBNX Commerce Bond Fund | 3.38% | 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
CFBNX and CFAGX have a correlation of 0.38, 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 (1.00%). In terms of maximum drawdown, CFBNX dropped -17.90% vs CFAGX's -61.05%.
CFBNX currently has the higher Sharpe Ratio (0.61 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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