CML vs SML

1. In CML expected return of portfolio is taken on Y-axis whereas in case of SML expected retun of  securities is taken on Y-axis.

2. In CML standard deviation of portfolio is taken on x-axis whereas in SML Beta of secuity is taken on x-axis.

3.  Only market pofolio and risk free asset lies on the CML whereas every security lies on the SML.

4. Slope of CML =  rm - rf / std. deviation of m

   Slope of SML= rm - rf / Beta of m