CMOP.L vs. GSG
Compare and contrast key facts about Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) and iShares S&P GSCI Commodity-Indexed Trust (GSG).
CMOP.L and GSG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CMOP.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg Commodity. It was launched on Jan 9, 2017. GSG is a passively managed fund by iShares that tracks the performance of the S&P GSCI Total Return Index. It was launched on Jul 21, 2006. Both CMOP.L and GSG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMOP.L or GSG.
Correlation
The correlation between CMOP.L and GSG is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CMOP.L vs. GSG - Performance Comparison
Key characteristics
CMOP.L:
1.20
GSG:
0.83
CMOP.L:
1.84
GSG:
1.25
CMOP.L:
1.21
GSG:
1.15
CMOP.L:
0.51
GSG:
0.17
CMOP.L:
2.26
GSG:
2.35
CMOP.L:
6.46%
GSG:
5.44%
CMOP.L:
12.17%
GSG:
15.49%
CMOP.L:
-28.78%
GSG:
-89.62%
CMOP.L:
-14.82%
GSG:
-69.74%
Returns By Period
In the year-to-date period, CMOP.L achieves a 7.14% return, which is significantly higher than GSG's 4.92% return.
CMOP.L
7.14%
8.22%
12.37%
15.62%
8.89%
N/A
GSG
4.92%
5.89%
4.39%
12.57%
7.87%
1.55%
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CMOP.L vs. GSG - Expense Ratio Comparison
CMOP.L has a 0.19% expense ratio, which is lower than GSG's 0.75% expense ratio.
Risk-Adjusted Performance
CMOP.L vs. GSG — Risk-Adjusted Performance Rank
CMOP.L
GSG
CMOP.L vs. GSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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
CMOP.L vs. GSG - Dividend Comparison
Neither CMOP.L nor GSG has paid dividends to shareholders.
Drawdowns
CMOP.L vs. GSG - Drawdown Comparison
The maximum CMOP.L drawdown since its inception was -28.78%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for CMOP.L and GSG. For additional features, visit the drawdowns tool.
Volatility
CMOP.L vs. GSG - Volatility Comparison
The current volatility for Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) is 3.85%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 4.37%. This indicates that CMOP.L experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.