CGO.AX vs. SPMO
Compare and contrast key facts about CPT Global Limited (CGO.AX) and Invesco S&P 500® Momentum ETF (SPMO).
SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGO.AX or SPMO.
Correlation
The correlation between CGO.AX and SPMO is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CGO.AX vs. SPMO - Performance Comparison
Key characteristics
CGO.AX:
-0.66
SPMO:
2.23
CGO.AX:
-0.82
SPMO:
2.94
CGO.AX:
0.85
SPMO:
1.39
CGO.AX:
-0.48
SPMO:
3.12
CGO.AX:
-0.96
SPMO:
12.56
CGO.AX:
46.86%
SPMO:
3.27%
CGO.AX:
67.96%
SPMO:
18.36%
CGO.AX:
-93.08%
SPMO:
-30.95%
CGO.AX:
-93.08%
SPMO:
-0.19%
Returns By Period
In the year-to-date period, CGO.AX achieves a -13.43% return, which is significantly lower than SPMO's 8.47% return.
CGO.AX
-13.43%
-10.77%
-34.83%
-49.57%
-23.64%
-17.99%
SPMO
8.47%
4.47%
15.61%
38.37%
19.49%
N/A
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Risk-Adjusted Performance
CGO.AX vs. SPMO — Risk-Adjusted Performance Rank
CGO.AX
SPMO
CGO.AX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CPT Global Limited (CGO.AX) and Invesco S&P 500® Momentum ETF (SPMO). 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.
Dividends
CGO.AX vs. SPMO - Dividend Comparison
CGO.AX has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.44%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGO.AX CPT Global Limited | 0.00% | 0.00% | 4.14% | 7.14% | 7.75% | 4.17% | 3.33% | 1.85% | 0.00% | 0.00% | 0.00% | 6.62% |
SPMO Invesco S&P 500® Momentum ETF | 0.44% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
CGO.AX vs. SPMO - Drawdown Comparison
The maximum CGO.AX drawdown since its inception was -93.08%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for CGO.AX and SPMO. For additional features, visit the drawdowns tool.
Volatility
CGO.AX vs. SPMO - Volatility Comparison
CPT Global Limited (CGO.AX) has a higher volatility of 12.05% compared to Invesco S&P 500® Momentum ETF (SPMO) at 4.76%. This indicates that CGO.AX's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.