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

Key characteristics


CNMSPY
YTD Return41.15%5.60%
1Y Return115.41%23.55%
Sharpe Ratio4.381.91
Daily Std Dev26.77%11.63%
Max Drawdown-40.00%-55.19%
Current Drawdown-4.54%-4.36%

Correlation

-0.50.00.51.00.5

The correlation between CNM and SPY is 0.54, 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. SPY - Performance Comparison

In the year-to-date period, CNM achieves a 41.15% return, which is significantly higher than SPY's 5.60% 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
185.20%
19.71%
CNM
SPY

Compare stocks, funds, or ETFs

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Core & Main, Inc.

SPDR S&P 500 ETF

Risk-Adjusted Performance

CNM vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Core & Main, Inc. (CNM) 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.


CNM
Sharpe ratio
The chart of Sharpe ratio for CNM, currently valued at 4.38, compared to the broader market-2.00-1.000.001.002.003.004.004.38
Sortino ratio
The chart of Sortino ratio for CNM, currently valued at 4.89, compared to the broader market-4.00-2.000.002.004.006.004.89
Omega ratio
The chart of Omega ratio for CNM, currently valued at 1.69, compared to the broader market0.501.001.501.69
Calmar ratio
The chart of Calmar ratio for CNM, currently valued at 7.35, compared to the broader market0.002.004.006.007.35
Martin ratio
The chart of Martin ratio for CNM, currently valued at 24.16, compared to the broader market-10.000.0010.0020.0030.0024.17
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 1.91, compared to the broader market-2.00-1.000.001.002.003.004.001.91
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 2.75, compared to the broader market-4.00-2.000.002.004.006.002.75
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.33, compared to the broader market0.501.001.501.33
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 1.64, compared to the broader market0.002.004.006.001.64
Martin ratio
The chart of Martin ratio for SPY, currently valued at 7.69, compared to the broader market-10.000.0010.0020.0030.007.69

CNM vs. SPY - Sharpe Ratio Comparison

The current CNM Sharpe Ratio is 4.38, which is higher than the SPY Sharpe Ratio of 1.91. The chart below compares the 12-month rolling Sharpe Ratio of CNM and SPY.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.00December2024FebruaryMarchAprilMay
4.38
1.91
CNM
SPY

Dividends

CNM vs. SPY - Dividend Comparison

CNM has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.34%.


TTM20232022202120202019201820172016201520142013
CNM
Core & Main, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.34%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

CNM vs. SPY - Drawdown Comparison

The maximum CNM drawdown since its inception was -40.00%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CNM and SPY. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-4.54%
-4.36%
CNM
SPY

Volatility

CNM vs. SPY - Volatility Comparison

Core & Main, Inc. (CNM) has a higher volatility of 7.69% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that CNM'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.


2.00%4.00%6.00%8.00%10.00%12.00%December2024FebruaryMarchAprilMay
7.69%
3.88%
CNM
SPY