GOOG vs. CMFP.L
GOOG (Alphabet Inc) is a stock, while CMFP.L (L&G Longer Dated All Commodities UCITS ETF) is Commodities fund tracking the Bloomberg Commodity 3 Month Forward. Over the past 10 years, GOOG returned 26.76%/yr vs 7.84%/yr for CMFP.L. At a 0.12 correlation, their price movements are largely independent.
Performance
GOOG vs. CMFP.L - Performance Comparison
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Different Trading Currencies
GOOG is traded in USD, while CMFP.L is traded in GBp. To make them comparable, the CMFP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GOOG achieves a 17.14% return, which is significantly higher than CMFP.L's 13.99% return. Over the past 10 years, GOOG has outperformed CMFP.L with an annualized return of 26.76%, while CMFP.L has yielded a comparatively lower 7.84% annualized return.
GOOG
- 1D
- 2.50%
- 1M
- -6.61%
- YTD
- 17.14%
- 6M
- 18.84%
- 1Y
- 109.32%
- 3Y*
- 43.99%
- 5Y*
- 24.12%
- 10Y*
- 26.76%
CMFP.L
- 1D
- -0.48%
- 1M
- -5.94%
- YTD
- 13.99%
- 6M
- 16.26%
- 1Y
- 22.47%
- 3Y*
- 10.93%
- 5Y*
- 11.33%
- 10Y*
- 7.84%
GOOG vs. CMFP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc | 17.14% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
CMFP.L L&G Longer Dated All Commodities UCITS ETF | 13.99% | 16.67% | 5.08% | -6.76% | 18.60% | 33.39% | 2.11% | 8.16% | -8.64% | 2.76% |
Correlation
The correlation between GOOG and CMFP.L is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.12 |
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Return for Risk
GOOG vs. CMFP.L — Risk / Return Rank
GOOG
CMFP.L
GOOG vs. CMFP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc (GOOG) and L&G Longer Dated All Commodities UCITS ETF (CMFP.L). 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.
| GOOG | CMFP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.27 | ||
| Sortino ratioReturn per unit of downside risk | +3.10 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.27 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 5.30 | 2.70 | +2.59 |
| Martin ratioReturn relative to average drawdown | 18.58 | 7.67 | +10.91 |
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Drawdowns
GOOG vs. CMFP.L - Drawdown Comparison
The maximum GOOG drawdown since its inception was -44.60%, smaller than the maximum CMFP.L drawdown of -72.10%. Use the drawdown chart below to compare losses from any high point for GOOG and CMFP.L.
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Drawdown Indicators
| GOOG | CMFP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.60% | -72.10% | +27.50% |
Max Drawdown (1Y)Largest decline over 1 year | -20.75% | -8.27% | -12.48% |
Max Drawdown (3Y)Largest decline over 3 years | -29.35% | -23.04% | -6.31% |
Max Drawdown (5Y)Largest decline over 5 years | -44.60% | -23.04% | -21.56% |
Max Drawdown (10Y)Largest decline over 10 years | -44.60% | -30.49% | -14.11% |
Current DrawdownCurrent decline from peak | -7.95% | -21.78% | +13.83% |
Average DrawdownAverage peak-to-trough decline | -8.89% | -49.88% | +40.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.91% | 2.92% | +2.99% |
Volatility
GOOG vs. CMFP.L - Volatility Comparison
Alphabet Inc (GOOG) has a higher volatility of 7.87% compared to L&G Longer Dated All Commodities UCITS ETF (CMFP.L) at 4.25%. This indicates that GOOG's price experiences larger fluctuations and is considered to be riskier than CMFP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOG | CMFP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.87% | 4.25% | +3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 20.46% | 12.41% | +8.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.85% | 14.44% | +14.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.18% | 20.39% | +10.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.04% | 16.60% | +12.44% |
Dividends
GOOG vs. CMFP.L - Dividend Comparison
GOOG's dividend yield for the trailing twelve months is around 0.23%, while CMFP.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CMFP.L L&G Longer Dated All Commodities UCITS ETF | 0.00% | 0.00% | 0.00% |
GOOG Alphabet Inc | 0.23% | 0.26% | 0.32% |
Frequently Asked Questions
GOOG and CMFP.L have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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