CFGRX vs. SPY
Compare and contrast key facts about Commerce Growth Fund (CFGRX) and State Street SPDR S&P 500 ETF (SPY).
CFGRX is managed by Commerce. It was launched on Dec 12, 1994. 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.
Performance
CFGRX vs. SPY - Performance Comparison
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CFGRX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFGRX Commerce Growth Fund | -8.64% | 12.40% | 31.15% | 36.39% | -26.57% | 26.50% | 28.96% | 35.60% | -1.04% | 27.57% |
SPY State Street SPDR S&P 500 ETF | -3.65% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, CFGRX achieves a -8.64% return, which is significantly lower than SPY's -3.65% return. Both investments have delivered pretty close results over the past 10 years, with CFGRX having a 14.71% annualized return and SPY not far behind at 14.06%.
CFGRX
- 1D
- 3.36%
- 1M
- -5.81%
- YTD
- -8.64%
- 6M
- -8.33%
- 1Y
- 11.46%
- 3Y*
- 17.68%
- 5Y*
- 10.52%
- 10Y*
- 14.71%
SPY
- 1D
- 0.75%
- 1M
- -4.28%
- YTD
- -3.65%
- 6M
- -1.42%
- 1Y
- 18.14%
- 3Y*
- 18.48%
- 5Y*
- 11.86%
- 10Y*
- 14.06%
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CFGRX vs. SPY - Expense Ratio Comparison
CFGRX has a 0.68% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
CFGRX vs. SPY — Risk / Return Rank
CFGRX
SPY
CFGRX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerce Growth Fund (CFGRX) and State Street 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.
| CFGRX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.61 | 0.96 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.04 | 1.49 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.23 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.53 | -0.62 |
Martin ratioReturn relative to average drawdown | 3.33 | 7.27 | -3.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CFGRX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 0.96 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.70 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.79 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.56 | -0.13 |
Correlation
The correlation between CFGRX and SPY is 0.93, 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.
Dividends
CFGRX vs. SPY - Dividend Comparison
CFGRX's dividend yield for the trailing twelve months is around 21.49%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFGRX Commerce Growth Fund | 21.49% | 19.63% | 10.50% | 4.53% | 7.17% | 21.20% | 4.09% | 5.91% | 10.50% | 5.74% | 6.05% | 11.93% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
CFGRX vs. SPY - Drawdown Comparison
The maximum CFGRX drawdown since its inception was -66.01%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CFGRX and SPY.
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Drawdown Indicators
| CFGRX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.01% | -55.19% | -10.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.88% | -12.05% | -1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -29.51% | -24.50% | -5.01% |
Max Drawdown (10Y)Largest decline over 10 years | -31.59% | -33.72% | +2.13% |
Current DrawdownCurrent decline from peak | -10.99% | -5.53% | -5.46% |
Average DrawdownAverage peak-to-trough decline | -21.25% | -9.09% | -12.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 2.54% | +1.28% |
Volatility
CFGRX vs. SPY - Volatility Comparison
Commerce Growth Fund (CFGRX) has a higher volatility of 5.96% compared to State Street SPDR S&P 500 ETF (SPY) at 5.35%. This indicates that CFGRX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CFGRX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 5.35% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.68% | 9.50% | +1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.16% | 19.06% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.38% | 17.06% | +2.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.18% | 17.92% | +1.26% |