SPGI vs. CMCX.L
SPGI (S&P Global Inc.) and CMCX.L (CMC Markets plc) are both stocks. Both are in the Financial Services sector — SPGI in Financial Data & Stock Exchanges, CMCX.L in Capital Markets. Over the past 10 years, SPGI returned 15.70%/yr vs 9.46%/yr for CMCX.L. At a 0.17 correlation, their price movements are largely independent.
Performance
SPGI vs. CMCX.L - Performance Comparison
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Different Trading Currencies
SPGI is traded in USD, while CMCX.L is traded in GBp. To make them comparable, the CMCX.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPGI achieves a -19.47% return, which is significantly lower than CMCX.L's 54.48% return. Over the past 10 years, SPGI has outperformed CMCX.L with an annualized return of 15.70%, while CMCX.L has yielded a comparatively lower 9.46% annualized return.
SPGI
- 1D
- 1.35%
- 1M
- 4.15%
- YTD
- -19.47%
- 6M
- -16.00%
- 1Y
- -15.77%
- 3Y*
- 3.19%
- 5Y*
- 2.16%
- 10Y*
- 15.70%
CMCX.L
- 1D
- -0.05%
- 1M
- 23.12%
- YTD
- 54.48%
- 6M
- 63.17%
- 1Y
- 90.70%
- 3Y*
- 49.85%
- 5Y*
- 2.61%
- 10Y*
- 9.46%
SPGI vs. CMCX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPGI S&P Global Inc. | -19.47% | 5.71% | 13.94% | 32.79% | -28.38% | 44.68% | 21.40% | 62.27% | 1.37% | 59.32% |
CMCX.L CMC Markets plc | 54.48% | 36.76% | 140.02% | -48.87% | -20.49% | -28.90% | 192.62% | 48.98% | -30.92% | 59.26% |
Correlation
The correlation between SPGI and CMCX.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2016 | 0.17 |
Fundamentals
SPGI:
$124.67B
CMCX.L:
£1.30B
SPGI:
$15.79
CMCX.L:
£0.50
SPGI:
26.53
CMCX.L:
9.36
SPGI:
3.47
CMCX.L:
1.23
SPGI:
8.06
CMCX.L:
1.69
SPGI:
3.98
CMCX.L:
2.84
SPGI:
$15.73B
CMCX.L:
£755.33M
SPGI:
$8.15B
CMCX.L:
£533.42M
SPGI:
$7.83B
CMCX.L:
£232.99M
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Return for Risk
SPGI vs. CMCX.L — Risk / Return Rank
SPGI
CMCX.L
SPGI vs. CMCX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P Global Inc. (SPGI) and CMC Markets plc (CMCX.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.
| SPGI | CMCX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -4.59 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.46 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 4.19 | -4.73 |
| Martin ratioReturn relative to average drawdown | -1.03 | 10.78 | -11.80 |
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Drawdowns
SPGI vs. CMCX.L - Drawdown Comparison
The maximum SPGI drawdown since its inception was -74.67%, smaller than the maximum CMCX.L drawdown of -82.48%. Use the drawdown chart below to compare losses from any high point for SPGI and CMCX.L.
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Drawdown Indicators
| SPGI | CMCX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.67% | -82.48% | +7.81% |
Max Drawdown (1Y)Largest decline over 1 year | -30.48% | -20.24% | -10.24% |
Max Drawdown (3Y)Largest decline over 3 years | -30.48% | -45.82% | +15.34% |
Max Drawdown (5Y)Largest decline over 5 years | -39.76% | -80.36% | +40.60% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -82.48% | +42.72% |
Current DrawdownCurrent decline from peak | -25.12% | -0.05% | -25.07% |
Average DrawdownAverage peak-to-trough decline | -15.23% | -43.80% | +28.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.07% | 7.88% | +8.19% |
Volatility
SPGI vs. CMCX.L - Volatility Comparison
The current volatility for S&P Global Inc. (SPGI) is 7.62%, while CMC Markets plc (CMCX.L) has a volatility of 17.57%. This indicates that SPGI experiences smaller price fluctuations and is considered to be less risky than CMCX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPGI | CMCX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 17.57% | -9.95% |
Volatility (6M)Calculated over the trailing 6-month period | 24.13% | 25.50% | -1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.63% | 43.41% | -15.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.51% | 48.29% | -23.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.03% | 47.85% | -21.82% |
Dividends
SPGI vs. CMCX.L - Dividend Comparison
SPGI's dividend yield for the trailing twelve months is around 0.92%, less than CMCX.L's 2.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCX.L CMC Markets plc | 2.97% | 4.62% | 4.19% | 4.67% | 5.53% | 9.46% | 5.47% | 2.41% | 6.94% | 5.95% | 0.00% | 0.00% |
SPGI S&P Global Inc. | 0.92% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Financials
SPGI vs. CMCX.L - Financials Comparison
This section allows you to compare key financial metrics between S&P Global Inc. and CMC Markets plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SPGI vs. CMCX.L - Profitability Comparison
SPGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. Therefore, the gross margin over that period was 0.0%.
CMCX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a gross profit of 188.08M and revenue of 217.26M. Therefore, the gross margin over that period was 86.6%.
SPGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.
CMCX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported an operating income of 57.64M and revenue of 217.26M, resulting in an operating margin of 26.5%.
SPGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.
CMCX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a net income of 38.42M and revenue of 217.26M, resulting in a net margin of 17.7%.
Frequently Asked Questions
SPGI and CMCX.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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