PTL vs. CNAV

Last updated Jun 24, 2026

PTL (Inspire 500 ETF) and CNAV (Mohr Company Nav ETF) are both Large Cap Blend Equities funds. PTL is passively managed, while CNAV is actively managed. Over the past year, PTL returned 26.42% vs 72.20% for CNAV. Their correlation of 0.81 suggests significant overlap in exposure. PTL charges 0.09%/yr vs 1.31%/yr for CNAV.

Performance

PTL vs. CNAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire 500 ETF (PTL) and Mohr Company Nav ETF (CNAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTL achieves a 13.70% return, which is significantly lower than CNAV's 46.16% return.

PTL

• 1D: -1.91%
• 1M: 0.24%
• YTD: 13.70%
• 6M: 12.22%
• 1Y: 26.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNAV

• 1D: -6.27%
• 1M: 10.31%
• YTD: 46.16%
• 6M: 43.90%
• 1Y: 72.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PTL vs. CNAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTL Inspire 500 ETF	13.70%	17.92%	0.22%
CNAV Mohr Company Nav ETF	46.16%	16.80%	6.05%

Correlation

The correlation between PTL and CNAV is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.81

The correlation between PTL and CNAV has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

Return for Risk

PTL vs. CNAV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PTL

PTL Risk / Return Rank: 61
PTL Sharpe Ratio Rank: 54
PTL Sortino Ratio Rank: 52
PTL Omega Ratio Rank: 52
PTL Calmar Ratio Rank: 74
PTL Martin Ratio Rank: 71

CNAV

CNAV Risk / Return Rank: 84
CNAV Sharpe Ratio Rank: 85
CNAV Sortino Ratio Rank: 74
CNAV Omega Ratio Rank: 79
CNAV Calmar Ratio Rank: 92
CNAV Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PTL vs. CNAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire 500 ETF (PTL) and Mohr Company Nav ETF (CNAV). 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.

	PTL	CNAV	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.51	-0.81
Sortino ratio: Return per unit of downside risk	2.33	3.04	-0.71
Omega ratio: Gain probability vs. loss probability	1.30	1.42	-0.12
Calmar ratio: Return relative to maximum drawdown	3.50	5.59	-2.09
Martin ratio: Return relative to average drawdown	12.17	22.08	-9.91

PTL vs. CNAV - Sharpe Ratio Comparison

The current PTL Sharpe Ratio is 1.70, which is lower than the CNAV Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of PTL and CNAV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PTL vs. CNAV - Drawdown Comparison

The maximum PTL drawdown since its inception was -19.72%, smaller than the maximum CNAV drawdown of -30.06%. Use the drawdown chart below to compare losses from any high point for PTL and CNAV.

Drawdown Indicators

	PTL	CNAV	Difference
Max Drawdown Largest peak-to-trough decline	-19.72%	-30.06%	+10.34%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-12.97%	+5.40%
Current Drawdown Current decline from peak	-3.68%	-6.27%	+2.59%
Average Drawdown Average peak-to-trough decline	-2.48%	-5.38%	+2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	3.28%	-1.10%

Volatility

PTL vs. CNAV - Volatility Comparison

The current volatility for Inspire 500 ETF (PTL) is 6.25%, while Mohr Company Nav ETF (CNAV) has a volatility of 16.51%. This indicates that PTL experiences smaller price fluctuations and is considered to be less risky than CNAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTL	CNAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	16.51%	-10.26%
Volatility (6M) Calculated over the trailing 6-month period	12.09%	25.55%	-13.46%
Volatility (1Y) Calculated over the trailing 1-year period	15.63%	28.97%	-13.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.88%	29.02%	-11.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.88%	29.02%	-11.14%

PTL vs. CNAV - Expense Ratio Comparison

PTL has a 0.09% expense ratio, which is lower than CNAV's 1.31% expense ratio.

Dividends

PTL vs. CNAV - Dividend Comparison

PTL's dividend yield for the trailing twelve months is around 1.13%, while CNAV has not paid dividends to shareholders.

Position	TTM	2025	2024
CNAV Mohr Company Nav ETF	0.00%	0.00%	0.00%
PTL Inspire 500 ETF	1.13%	1.24%	0.92%

Frequently Asked Questions

Can I hold both PTL and CNAV in my portfolio?

PTL and CNAV have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PTL or CNAV?

CNAV has higher volatility (16.51%) compared to PTL (6.25%). In terms of maximum drawdown, PTL dropped -19.72% vs CNAV's -30.06%.

Which ETF is better, PTL or CNAV?

On 1-year performance, CNAV leads with 72.20% vs 26.42% for PTL. On fees, PTL is cheaper at 0.09% per year. On volatility, PTL has been the lower-risk option at 6.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTL or CNAV?

Over the 1-year period, CNAV has performed better with a 72.20% return vs 26.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTL or CNAV?

PTL is cheaper with a 0.09% expense ratio, compared with 1.31% for CNAV.

Which ETF pays a higher dividend yield, PTL or CNAV?

PTL has the higher dividend yield at 1.13%, compared with 0.00% for CNAV.

What is the main difference between PTL and CNAV?

They also come from different issuers: Inspire and Mohr. Their fees differ too: 0.09% for PTL and 1.31% for CNAV.

Which has better risk-adjusted returns?

CNAV currently has the higher Sharpe Ratio (2.51 vs 1.70), 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.