CPRT vs. DBMF
CPRT (Copart, Inc.) is a stock, while DBMF (iMGP DBi Managed Futures Strategy ETF) is Systematic Trend fund actively managed by iM Global Partners. Over the past 5 years, CPRT returned -5.30%/yr vs 8.59%/yr for DBMF. At a 0.06 correlation, their price movements are largely independent.
Performance
CPRT vs. DBMF - Performance Comparison
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Returns By Period
In the year-to-date period, CPRT achieves a -29.78% return, which is significantly lower than DBMF's 11.26% return.
CPRT
- 1D
- -0.43%
- 1M
- -9.06%
- 6M
- -33.02%
- YTD
- -29.78%
- 1Y
- -40.21%
- 3Y*
- -15.50%
- 5Y*
- -5.30%
- 10Y*
- 15.88%
- ALL TIME*
- 17.72%
DBMF
- 1D
- 0.23%
- 1M
- 0.57%
- 6M
- 8.74%
- YTD
- 11.26%
- 1Y
- 26.79%
- 3Y*
- 9.43%
- 5Y*
- 8.59%
- 10Y*
- —
- ALL TIME*
- 9.22%
CPRT vs. DBMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CPRT Copart, Inc. | -29.78% | -31.78% | 17.12% | 60.95% | -19.68% | 19.15% | 39.93% | 37.79% |
DBMF iMGP DBi Managed Futures Strategy ETF | 11.26% | 13.85% | 7.24% | -8.94% | 21.61% | 11.49% | 1.80% | 10.51% |
Correlation
The correlation between CPRT and DBMF is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.06 |
The correlation between CPRT and DBMF shifts across timeframes, from -0.04 (1 year) to 0.07 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
CPRT vs. DBMF — Risk / Return Rank
CPRT
DBMF
CPRT vs. DBMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Copart, Inc. (CPRT) and iMGP DBi Managed Futures Strategy ETF (DBMF). 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.
| CPRT | DBMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.66 | ||
| Sortino ratioReturn per unit of downside risk | -5.04 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.44 | -0.71 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 4.41 | -5.30 |
| Martin ratioReturn relative to average drawdown | -1.58 | 14.93 | -16.51 |
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Drawdowns
CPRT vs. DBMF - Drawdown Comparison
The maximum CPRT drawdown since its inception was -72.49%, which is greater than DBMF's maximum drawdown of -20.39%. Use the drawdown chart below to compare losses from any high point for CPRT and DBMF.
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Drawdown Indicators
| CPRT | DBMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.49% | -20.39% | -52.10% |
Max Drawdown (1Y)Largest decline over 1 year | -45.41% | -6.10% | -39.31% |
Max Drawdown (3Y)Largest decline over 3 years | -57.27% | -15.60% | -41.67% |
Max Drawdown (5Y)Largest decline over 5 years | -57.27% | -20.39% | -36.88% |
Max Drawdown (10Y)Largest decline over 10 years | -57.27% | — | — |
Current DrawdownCurrent decline from peak | -56.94% | -1.03% | -55.91% |
Average DrawdownAverage peak-to-trough decline | -16.68% | -6.50% | -10.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.46% | 1.80% | +23.66% |
Volatility
CPRT vs. DBMF - Volatility Comparison
Copart, Inc. (CPRT) has a higher volatility of 12.73% compared to iMGP DBi Managed Futures Strategy ETF (DBMF) at 2.69%. This indicates that CPRT's price experiences larger fluctuations and is considered to be riskier than DBMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPRT | DBMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.73% | 2.69% | +10.04% |
Volatility (6M)Calculated over the trailing 6-month period | 21.75% | 10.05% | +11.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.49% | 12.63% | +13.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.48% | 12.45% | +14.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.69% | 12.37% | +15.32% |
Dividends
CPRT vs. DBMF - Dividend Comparison
CPRT has not paid dividends to shareholders, while DBMF's dividend yield for the trailing twelve months is around 5.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CPRT Copart, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DBMF iMGP DBi Managed Futures Strategy ETF | 5.11% | 5.91% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% |
Frequently Asked Questions
CPRT and DBMF have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPRT has higher volatility (12.73%) compared to DBMF (2.69%). In terms of maximum drawdown, CPRT dropped -72.49% vs DBMF's -20.39%.
DBMF currently has the higher Sharpe Ratio (2.13 vs -1.53), 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.
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