CMPVX vs. FITLX
Compare and contrast key facts about Catholic Responsible Investments Magnus 60/40 Alpha Plus Fund (CMPVX) and Fidelity US Sustainability Index Fund (FITLX).
CMPVX is managed by Catholic Responsible Investments Funds. It was launched on Dec 2, 2021. FITLX is managed by Fidelity. It was launched on May 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMPVX or FITLX.
Key characteristics
| CMPVX | FITLX | |
|---|---|---|
| YTD Return | 10.17% | 18.31% |
| 1Y Return | 17.92% | 28.13% |
| Sharpe Ratio | 2.09 | 1.98 |
| Daily Std Dev | 8.46% | 14.01% |
| Max Drawdown | -21.62% | -34.35% |
| Current Drawdown | -0.28% | -1.57% |
Correlation
The correlation between CMPVX and FITLX is 0.94, 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.
Performance
CMPVX vs. FITLX - Performance Comparison
In the year-to-date period, CMPVX achieves a 10.17% return, which is significantly lower than FITLX's 18.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CMPVX vs. FITLX - Expense Ratio Comparison
CMPVX has a 0.15% expense ratio, which is higher than FITLX's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
CMPVX vs. FITLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Catholic Responsible Investments Magnus 60/40 Alpha Plus Fund (CMPVX) and Fidelity US Sustainability Index Fund (FITLX). 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
CMPVX vs. FITLX - Dividend Comparison
CMPVX's dividend yield for the trailing twelve months is around 1.86%, more than FITLX's 0.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
CMPVX Catholic Responsible Investments Magnus 60/40 Alpha Plus Fund | 1.86% | 2.05% | 1.58% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
FITLX Fidelity US Sustainability Index Fund | 0.95% | 1.12% | 1.49% | 0.99% | 1.01% | 1.41% | 1.58% | 0.76% |
Drawdowns
CMPVX vs. FITLX - Drawdown Comparison
The maximum CMPVX drawdown since its inception was -21.62%, smaller than the maximum FITLX drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for CMPVX and FITLX. For additional features, visit the drawdowns tool.
Volatility
CMPVX vs. FITLX - Volatility Comparison
The current volatility for Catholic Responsible Investments Magnus 60/40 Alpha Plus Fund (CMPVX) is 2.33%, while Fidelity US Sustainability Index Fund (FITLX) has a volatility of 4.60%. This indicates that CMPVX experiences smaller price fluctuations and is considered to be less risky than FITLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.