CMTG vs. SPHD
Compare and contrast key facts about Claros Mortgage Trust, Inc. (CMTG) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMTG or SPHD.
Key characteristics
| CMTG | SPHD | |
|---|---|---|
| YTD Return | -35.26% | 8.36% |
| 1Y Return | -12.16% | 17.38% |
| Sharpe Ratio | -0.25 | 1.50 |
| Daily Std Dev | 40.57% | 12.59% |
| Max Drawdown | -51.31% | -41.39% |
| Current Drawdown | -49.12% | 0.00% |
Correlation
The correlation between CMTG and SPHD is 0.44, 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
CMTG vs. SPHD - Performance Comparison
In the year-to-date period, CMTG achieves a -35.26% return, which is significantly lower than SPHD's 8.36% 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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Risk-Adjusted Performance
CMTG vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Claros Mortgage Trust, Inc. (CMTG) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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
CMTG vs. SPHD - Dividend Comparison
CMTG's dividend yield for the trailing twelve months is around 13.04%, more than SPHD's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMTG Claros Mortgage Trust, Inc. | 13.04% | 9.10% | 10.06% | 2.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 4.17% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% | 3.68% |
Drawdowns
CMTG vs. SPHD - Drawdown Comparison
The maximum CMTG drawdown since its inception was -51.31%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for CMTG and SPHD. For additional features, visit the drawdowns tool.
Volatility
CMTG vs. SPHD - Volatility Comparison
Claros Mortgage Trust, Inc. (CMTG) has a higher volatility of 13.83% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 2.26%. This indicates that CMTG's price experiences larger fluctuations and is considered to be riskier than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.