CPPAX vs. CMFIX
CPPAX (American Funds Preservation Portfolio) and CMFIX (CM Advisors Fixed Income Fund) are both Short-Term Bond funds. Over the past 10 years, CPPAX returned 1.60%/yr vs 3.04%/yr for CMFIX. Their 0.47 correlation means their historical movements had little consistent relationship. CPPAX charges 0.61%/yr vs 0.88%/yr for CMFIX.
Performance
CPPAX vs. CMFIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CPPAX achieves a -0.28% return, which is significantly lower than CMFIX's 1.71% return. Over the past 10 years, CPPAX has underperformed CMFIX with an annualized return of 1.60%, while CMFIX has yielded a comparatively higher 3.04% annualized return.
CPPAX
- 1D
- -0.11%
- 1M
- -0.31%
- 6M
- -0.47%
- YTD
- -0.28%
- 1Y
- 2.30%
- 3Y*
- 4.03%
- 5Y*
- 1.16%
- 10Y*
- 1.60%
- ALL TIME*
- 1.48%
CMFIX
- 1D
- -0.09%
- 1M
- 1.06%
- 6M
- 1.36%
- YTD
- 1.71%
- 1Y
- 4.56%
- 3Y*
- 7.57%
- 5Y*
- 4.59%
- 10Y*
- 3.04%
- ALL TIME*
- 3.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CPPAX vs. CMFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPPAX American Funds Preservation Portfolio | -0.28% | 5.51% | 3.66% | 4.09% | -6.14% | -0.62% | 5.84% | 3.92% | 0.89% | 0.96% |
CMFIX CM Advisors Fixed Income Fund | 1.71% | 7.75% | 4.55% | 12.38% | -3.67% | 3.06% | 0.88% | 2.82% | -1.63% | 2.30% |
Correlation
The correlation between CPPAX and CMFIX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.43 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.41 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.40 |
Correlation (All Time) Calculated using the full available price history since May 24, 2012 | 0.47 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CPPAX vs. CMFIX — Risk / Return Rank
CPPAX
CMFIX
CPPAX vs. CMFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Preservation Portfolio (CPPAX) and CM Advisors Fixed Income Fund (CMFIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CPPAX | CMFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.33 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 2.91 | -1.52 |
| Martin ratioReturn relative to average drawdown | 3.54 | 10.07 | -6.53 |
Loading charts...
Drawdowns
CPPAX vs. CMFIX - Drawdown Comparison
The maximum CPPAX drawdown since its inception was -8.59%, smaller than the maximum CMFIX drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for CPPAX and CMFIX.
Loading charts...
Drawdown Indicators
| CPPAX | CMFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.59% | -15.96% | +7.37% |
Max Drawdown (1Y)Largest decline over 1 year | -1.67% | -1.64% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -1.67% | -3.65% | +1.98% |
Max Drawdown (5Y)Largest decline over 5 years | -8.54% | -4.81% | -3.73% |
Max Drawdown (10Y)Largest decline over 10 years | -8.59% | -4.81% | -3.78% |
Current DrawdownCurrent decline from peak | -1.15% | -0.17% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -1.03% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 0.47% | +0.18% |
Volatility
CPPAX vs. CMFIX - Volatility Comparison
The current volatility for American Funds Preservation Portfolio (CPPAX) is 0.58%, while CM Advisors Fixed Income Fund (CMFIX) has a volatility of 1.10%. This indicates that CPPAX experiences smaller price fluctuations and is considered to be less risky than CMFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CPPAX | CMFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 1.10% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 1.62% | 2.49% | -0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.08% | 3.82% | -1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.08% | 4.15% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.49% | 3.21% | -0.72% |
CPPAX vs. CMFIX - Expense Ratio Comparison
CPPAX has a 0.61% expense ratio, which is lower than CMFIX's 0.88% expense ratio.
Dividends
CPPAX vs. CMFIX - Dividend Comparison
CPPAX's dividend yield for the trailing twelve months is around 3.50%, less than CMFIX's 4.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMFIX CM Advisors Fixed Income Fund | 4.31% | 3.28% | 3.91% | 4.21% | 1.33% | 2.49% | 1.63% | 2.23% | 3.34% | 3.74% | 3.50% | 1.85% |
CPPAX American Funds Preservation Portfolio | 3.50% | 3.56% | 4.03% | 3.24% | 2.02% | 0.95% | 2.32% | 1.91% | 1.59% | 1.06% | 1.26% | 1.11% |
Frequently Asked Questions
CPPAX and CMFIX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMFIX has higher volatility (1.10%) compared to CPPAX (0.58%). In terms of maximum drawdown, CPPAX dropped -8.59% vs CMFIX's -15.96%.
CMFIX currently has the higher Sharpe Ratio (1.25 vs 1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CPPAX and CMFIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer