DBMF vs. CPRT
DBMF (iMGP DBi Managed Futures Strategy ETF) is Systematic Trend fund actively managed by iM Global Partners, while CPRT (Copart, Inc.) is a stock. Over the past 5 years, DBMF returned 8.11%/yr vs -3.14%/yr for CPRT. At a 0.07 correlation, their price movements are largely independent.
Performance
DBMF vs. CPRT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DBMF achieves a 9.21% return, which is significantly higher than CPRT's -28.22% return.
DBMF
- 1D
- 0.87%
- 1M
- -1.53%
- YTD
- 9.21%
- 6M
- 9.01%
- 1Y
- 24.84%
- 3Y*
- 8.55%
- 5Y*
- 8.11%
- 10Y*
- —
CPRT
- 1D
- -8.02%
- 1M
- -14.25%
- YTD
- -28.22%
- 6M
- -28.84%
- 1Y
- -41.68%
- 3Y*
- -14.91%
- 5Y*
- -3.14%
- 10Y*
- 16.38%
DBMF vs. CPRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DBMF iMGP DBi Managed Futures Strategy ETF | 9.21% | 13.85% | 7.24% | -8.94% | 21.61% | 11.49% | 1.80% | 10.51% |
CPRT Copart, Inc. | -28.22% | -31.78% | 17.12% | 60.95% | -19.68% | 19.15% | 39.93% | 37.79% |
Correlation
The correlation between DBMF and CPRT is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.07 |
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
DBMF vs. CPRT — Risk / Return Rank
DBMF
CPRT
DBMF vs. CPRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iMGP DBi Managed Futures Strategy ETF (DBMF) and Copart, Inc. (CPRT). 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.
| DBMF | CPRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.63 | ||
| Sortino ratioReturn per unit of downside risk | +5.03 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 0.70 | +0.71 |
| Calmar ratioReturn relative to maximum drawdown | 4.09 | -0.96 | +5.04 |
| Martin ratioReturn relative to average drawdown | 14.17 | -1.78 | +15.95 |
Loading charts...
Drawdowns
DBMF vs. CPRT - Drawdown Comparison
The maximum DBMF drawdown since its inception was -20.39%, smaller than the maximum CPRT drawdown of -72.49%. Use the drawdown chart below to compare losses from any high point for DBMF and CPRT.
Loading charts...
Drawdown Indicators
| DBMF | CPRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.39% | -72.49% | +52.10% |
Max Drawdown (1Y)Largest decline over 1 year | -6.10% | -43.77% | +37.67% |
Max Drawdown (3Y)Largest decline over 3 years | -15.60% | -55.98% | +40.38% |
Max Drawdown (5Y)Largest decline over 5 years | -20.39% | -55.98% | +35.59% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.98% | — |
Current DrawdownCurrent decline from peak | -2.85% | -55.98% | +53.13% |
Average DrawdownAverage peak-to-trough decline | -6.54% | -16.61% | +10.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 23.41% | -21.65% |
Volatility
DBMF vs. CPRT - Volatility Comparison
The current volatility for iMGP DBi Managed Futures Strategy ETF (DBMF) is 3.34%, while Copart, Inc. (CPRT) has a volatility of 11.91%. This indicates that DBMF experiences smaller price fluctuations and is considered to be less risky than CPRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DBMF | CPRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.34% | 11.91% | -8.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 21.35% | -11.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.55% | 25.61% | -13.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.54% | 26.32% | -13.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.41% | 27.58% | -15.17% |
Dividends
DBMF vs. CPRT - Dividend Comparison
DBMF's dividend yield for the trailing twelve months is around 5.20%, while CPRT has not paid dividends to shareholders.
| 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 | 5.20% | 5.91% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% |
Frequently Asked Questions
DBMF and CPRT have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPRT has higher volatility (11.91%) compared to DBMF (3.34%). In terms of maximum drawdown, DBMF dropped -20.39% vs CPRT's -72.49%.
DBMF currently has the higher Sharpe Ratio (1.99 vs -1.64), 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 DBMF and CPRT
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