CNJFX vs. SPY
Compare and contrast key facts about Commonwealth Japan Fund (CNJFX) and SPDR S&P 500 ETF (SPY).
CNJFX is managed by Commonwealth Intl Series Tr. It was launched on Jul 9, 1989. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNJFX or SPY.
Correlation
The correlation between CNJFX and SPY is 0.32, 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
CNJFX vs. SPY - Performance Comparison
Key characteristics
CNJFX:
0.05
SPY:
1.87
CNJFX:
0.23
SPY:
2.52
CNJFX:
1.03
SPY:
1.35
CNJFX:
0.02
SPY:
2.81
CNJFX:
0.15
SPY:
11.69
CNJFX:
7.30%
SPY:
2.02%
CNJFX:
20.91%
SPY:
12.65%
CNJFX:
-74.85%
SPY:
-55.19%
CNJFX:
-51.83%
SPY:
0.00%
Returns By Period
In the year-to-date period, CNJFX achieves a 2.67% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, CNJFX has underperformed SPY with an annualized return of 1.64%, while SPY has yielded a comparatively higher 13.23% annualized return.
CNJFX
2.67%
4.92%
-2.96%
0.06%
0.07%
1.64%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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CNJFX vs. SPY - Expense Ratio Comparison
CNJFX has a 1.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
CNJFX vs. SPY — Risk-Adjusted Performance Rank
CNJFX
SPY
CNJFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Commonwealth Japan Fund (CNJFX) and 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.
Dividends
CNJFX vs. SPY - Dividend Comparison
CNJFX's dividend yield for the trailing twelve months is around 0.57%, less than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNJFX Commonwealth Japan Fund | 0.57% | 0.59% | 0.10% | 0.00% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CNJFX vs. SPY - Drawdown Comparison
The maximum CNJFX drawdown since its inception was -74.85%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CNJFX and SPY. For additional features, visit the drawdowns tool.
Volatility
CNJFX vs. SPY - Volatility Comparison
Commonwealth Japan Fund (CNJFX) has a higher volatility of 4.11% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that CNJFX'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.