Commerce

Commerce earns an Above Average Parent Pillar rating because of its ability to stand out in an increasingly competitive industry. A source of strength is that the firm has proven adept at retaining portfolio management talent, providing continuity for strategies, as evidenced by low turnover over the past five years compared with others in the industry. The product lineup at Commerce has exhibited exemplary durability compared with peer asset managers when looked at over the past five years. Notably, its five-year risk-adjusted success ratio stands at 63%, meaning that 63% of its products have both survived and beaten their respective category median on a risk-adjusted basis. The firm charges fees on its open-end and exchange-traded funds that are on par with category peers. On average, fees on its funds are within the middle quintile, giving it neither an advantage nor disadvantage compared with the competition.