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CNM vs. SPMO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CNMSPMO
YTD Return47.56%21.18%
1Y Return121.59%45.08%
Sharpe Ratio4.573.19
Daily Std Dev26.73%14.22%
Max Drawdown-40.00%-30.95%
Current Drawdown-0.20%-1.97%

Correlation

-0.50.00.51.00.5

The correlation between CNM and SPMO is 0.48, 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

CNM vs. SPMO - Performance Comparison

In the year-to-date period, CNM achieves a 47.56% return, which is significantly higher than SPMO's 21.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%December2024FebruaryMarchAprilMay
198.15%
36.27%
CNM
SPMO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Core & Main, Inc.

Invesco S&P 500® Momentum ETF

Risk-Adjusted Performance

CNM vs. SPMO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Core & Main, Inc. (CNM) and Invesco S&P 500® Momentum ETF (SPMO). 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.


CNM
Sharpe ratio
The chart of Sharpe ratio for CNM, currently valued at 4.57, compared to the broader market-2.00-1.000.001.002.003.004.57
Sortino ratio
The chart of Sortino ratio for CNM, currently valued at 5.04, compared to the broader market-4.00-2.000.002.004.006.005.04
Omega ratio
The chart of Omega ratio for CNM, currently valued at 1.72, compared to the broader market0.501.001.502.001.72
Calmar ratio
The chart of Calmar ratio for CNM, currently valued at 7.70, compared to the broader market0.002.004.006.007.70
Martin ratio
The chart of Martin ratio for CNM, currently valued at 25.13, compared to the broader market-10.000.0010.0020.0030.0025.13
SPMO
Sharpe ratio
The chart of Sharpe ratio for SPMO, currently valued at 3.19, compared to the broader market-2.00-1.000.001.002.003.003.19
Sortino ratio
The chart of Sortino ratio for SPMO, currently valued at 4.59, compared to the broader market-4.00-2.000.002.004.006.004.59
Omega ratio
The chart of Omega ratio for SPMO, currently valued at 1.56, compared to the broader market0.501.001.502.001.56
Calmar ratio
The chart of Calmar ratio for SPMO, currently valued at 2.65, compared to the broader market0.002.004.006.002.65
Martin ratio
The chart of Martin ratio for SPMO, currently valued at 20.82, compared to the broader market-10.000.0010.0020.0030.0020.82

CNM vs. SPMO - Sharpe Ratio Comparison

The current CNM Sharpe Ratio is 4.57, which is higher than the SPMO Sharpe Ratio of 3.19. The chart below compares the 12-month rolling Sharpe Ratio of CNM and SPMO.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.006.00December2024FebruaryMarchAprilMay
4.57
3.19
CNM
SPMO

Dividends

CNM vs. SPMO - Dividend Comparison

CNM has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 1.07%.


TTM202320222021202020192018201720162015
CNM
Core & Main, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPMO
Invesco S&P 500® Momentum ETF
1.07%1.63%1.66%0.52%1.27%1.39%1.05%0.77%1.94%0.36%

Drawdowns

CNM vs. SPMO - Drawdown Comparison

The maximum CNM drawdown since its inception was -40.00%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for CNM and SPMO. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-0.20%
-1.97%
CNM
SPMO

Volatility

CNM vs. SPMO - Volatility Comparison

Core & Main, Inc. (CNM) and Invesco S&P 500® Momentum ETF (SPMO) have volatilities of 5.96% and 5.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%December2024FebruaryMarchAprilMay
5.96%
5.88%
CNM
SPMO