CLM vs. SPY
Compare and contrast key facts about Cornerstone Strategic Value Fund (CLM) and State Street SPDR S&P 500 ETF (SPY).
CLM is an actively managed fund by Cornerstone. It was launched on Jun 30, 1987. 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
CLM vs. SPY - Performance Comparison
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CLM vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLM Cornerstone Strategic Value Fund | -8.82% | 18.61% | 41.49% | 17.50% | -36.72% | 41.42% | 29.43% | 23.60% | -11.94% | 22.11% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 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, CLM achieves a -8.82% return, which is significantly lower than SPY's -4.37% return. Over the past 10 years, CLM has underperformed SPY with an annualized return of 12.91%, while SPY has yielded a comparatively higher 13.98% annualized return.
CLM
- 1D
- 4.45%
- 1M
- -5.13%
- YTD
- -8.82%
- 6M
- -3.77%
- 1Y
- 19.68%
- 3Y*
- 17.53%
- 5Y*
- 6.38%
- 10Y*
- 12.91%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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CLM vs. SPY - Expense Ratio Comparison
CLM has a 2.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
CLM vs. SPY — Risk / Return Rank
CLM
SPY
CLM vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cornerstone Strategic Value Fund (CLM) 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.
| CLM | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 0.93 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.52 | 1.45 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.22 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.39 | 1.53 | -0.13 |
Martin ratioReturn relative to average drawdown | 5.19 | 7.30 | -2.11 |
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
| CLM | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 0.93 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.69 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.78 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.56 | -0.30 |
Correlation
The correlation between CLM and SPY is 0.40, 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.
Dividends
CLM vs. SPY - Dividend Comparison
CLM's dividend yield for the trailing twelve months is around 20.11%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLM Cornerstone Strategic Value Fund | 20.11% | 17.48% | 15.17% | 20.50% | 29.44% | 13.45% | 18.96% | 21.98% | 25.38% | 18.04% | 22.44% | 28.20% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
CLM vs. SPY - Drawdown Comparison
The maximum CLM drawdown since its inception was -77.02%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CLM and SPY.
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Drawdown Indicators
| CLM | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.02% | -55.19% | -21.83% |
Max Drawdown (1Y)Largest decline over 1 year | -14.61% | -12.05% | -2.56% |
Max Drawdown (5Y)Largest decline over 5 years | -43.45% | -24.50% | -18.95% |
Max Drawdown (10Y)Largest decline over 10 years | -44.98% | -33.72% | -11.26% |
Current DrawdownCurrent decline from peak | -10.43% | -6.24% | -4.19% |
Average DrawdownAverage peak-to-trough decline | -24.95% | -9.09% | -15.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 2.52% | +1.40% |
Volatility
CLM vs. SPY - Volatility Comparison
Cornerstone Strategic Value Fund (CLM) has a higher volatility of 7.22% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that CLM'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
| CLM | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.22% | 5.31% | +1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 13.06% | 9.47% | +3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.78% | 19.05% | +0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.68% | 17.06% | +7.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.95% | 17.92% | +7.03% |