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CFMOX vs. ETMOX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CFMOX and ETMOX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

CFMOX vs. ETMOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Commerce Missouri Tax-Free Intermediate Bond Fund (CFMOX) and Eaton Vance Missouri Municipal Income Fund (ETMOX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CFMOX:

0.48

ETMOX:

0.28

Sortino Ratio

CFMOX:

0.56

ETMOX:

0.31

Omega Ratio

CFMOX:

1.10

ETMOX:

1.05

Calmar Ratio

CFMOX:

0.34

ETMOX:

0.16

Martin Ratio

CFMOX:

1.45

ETMOX:

0.65

Ulcer Index

CFMOX:

1.34%

ETMOX:

1.75%

Daily Std Dev

CFMOX:

4.91%

ETMOX:

5.30%

Max Drawdown

CFMOX:

-11.72%

ETMOX:

-21.74%

Current Drawdown

CFMOX:

-2.94%

ETMOX:

-4.75%

Returns By Period

In the year-to-date period, CFMOX achieves a -0.67% return, which is significantly higher than ETMOX's -1.65% return. Over the past 10 years, CFMOX has underperformed ETMOX with an annualized return of 1.55%, while ETMOX has yielded a comparatively higher 1.74% annualized return.


CFMOX

YTD

-0.67%

1M

-0.16%

6M

-1.69%

1Y

2.34%

3Y*

1.30%

5Y*

-0.06%

10Y*

1.55%

ETMOX

YTD

-1.65%

1M

-0.59%

6M

-3.05%

1Y

1.48%

3Y*

1.01%

5Y*

-0.11%

10Y*

1.74%

*Annualized

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CFMOX vs. ETMOX - Expense Ratio Comparison

CFMOX has a 0.63% expense ratio, which is lower than ETMOX's 0.69% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

CFMOX vs. ETMOX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CFMOX
The Risk-Adjusted Performance Rank of CFMOX is 3232
Overall Rank
The Sharpe Ratio Rank of CFMOX is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of CFMOX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of CFMOX is 3333
Omega Ratio Rank
The Calmar Ratio Rank of CFMOX is 3232
Calmar Ratio Rank
The Martin Ratio Rank of CFMOX is 3535
Martin Ratio Rank

ETMOX
The Risk-Adjusted Performance Rank of ETMOX is 2020
Overall Rank
The Sharpe Ratio Rank of ETMOX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of ETMOX is 1818
Sortino Ratio Rank
The Omega Ratio Rank of ETMOX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of ETMOX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of ETMOX is 2222
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CFMOX vs. ETMOX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Commerce Missouri Tax-Free Intermediate Bond Fund (CFMOX) and Eaton Vance Missouri Municipal Income Fund (ETMOX). 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.


The current CFMOX Sharpe Ratio is 0.48, which is higher than the ETMOX Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of CFMOX and ETMOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

CFMOX vs. ETMOX - Dividend Comparison

CFMOX's dividend yield for the trailing twelve months is around 2.45%, less than ETMOX's 3.58% yield.


TTM20242023202220212020201920182017201620152014
CFMOX
Commerce Missouri Tax-Free Intermediate Bond Fund
2.45%2.32%2.11%2.07%1.78%1.84%1.18%2.44%2.49%2.47%2.41%2.72%
ETMOX
Eaton Vance Missouri Municipal Income Fund
3.58%3.48%3.05%2.47%1.96%2.51%2.92%3.25%3.52%3.58%3.62%3.58%

Drawdowns

CFMOX vs. ETMOX - Drawdown Comparison

The maximum CFMOX drawdown since its inception was -11.72%, smaller than the maximum ETMOX drawdown of -21.74%. Use the drawdown chart below to compare losses from any high point for CFMOX and ETMOX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

CFMOX vs. ETMOX - Volatility Comparison

The current volatility for Commerce Missouri Tax-Free Intermediate Bond Fund (CFMOX) is 0.73%, while Eaton Vance Missouri Municipal Income Fund (ETMOX) has a volatility of 0.79%. This indicates that CFMOX experiences smaller price fluctuations and is considered to be less risky than ETMOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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