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Issuer
CI
Inception Date
Jun 5, 2013
Leveraged
1x (No leverage)
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

BXF.TO Performance Chart

CI 1-5 Year Laddered Government Strip Bond Index ETF (BXF.TO) is up 1.3% since the beginning of the year. BXF.TO is currently trading at CA$10 per share. Investors who bought CA$1,000 worth of BXF.TO shares 5 years ago would now be looking at an investment worth CA$1,102.


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S&P 500 Index

Returns By Period

CI 1-5 Year Laddered Government Strip Bond Index ETF (BXF.TO) has returned 1.25% so far this year and 2.70% over the past 12 months. Over the last ten years, BXF.TO has returned 1.81% per year, falling short of the S&P 500 Index benchmark, which averaged 14.61% annually.


CI 1-5 Year Laddered Government Strip Bond Index ETF

1D
0.00%
1M
0.28%
YTD
1.25%
6M
1.15%
1Y
2.70%
3Y*
4.49%
5Y*
1.96%
10Y*
1.81%

Benchmark (S&P 500 Index)

1D
0.93%
1M
1.99%
YTD
13.67%
6M
12.89%
1Y
25.52%
3Y*
21.80%
5Y*
14.76%
10Y*
14.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BXF.TO Monthly Returns History

Based on dividend-adjusted daily data since Jun 11, 2013, BXF.TO's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, an investment would double in approximately 34.0 years.

Historically, 61% of months were positive and 39% were negative. The best month was Jan 2015 with a return of +2.3%, while the worst month was Aug 2022 at -1.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, BXF.TO closed higher 33% of trading days. The best single day was Mar 18, 2020 with a return of +2.2%, while the worst single day was Nov 10, 2016 at -2.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.39%0.69%-0.90%0.10%0.69%0.28%1.25%
20251.09%0.49%0.32%0.29%0.00%0.17%-0.20%0.69%0.66%0.49%0.29%-0.50%3.86%
2024-0.90%-0.10%0.68%-0.61%0.51%1.24%1.42%0.80%1.41%-0.59%0.69%-0.10%4.51%
20230.82%-0.61%1.45%0.00%-0.91%-0.02%-0.31%-0.10%-0.72%0.84%2.07%2.01%4.55%
2022-1.16%-0.10%-1.83%-0.60%0.30%-1.01%1.83%-1.90%-0.28%-0.00%1.03%-0.01%-3.73%
20210.47%-0.94%-0.11%0.19%0.10%-0.16%0.67%-0.48%-0.14%-0.96%0.00%0.54%-0.83%

Benchmark Metrics

CI 1-5 Year Laddered Government Strip Bond Index ETF has an annualized alpha of 2.26%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 11, 2013.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (7.89%) than losses (3.35%) - typical of diversified or defensive assets.
  • Beta of -0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.26%
Beta
-0.01
0.00
Upside Capture
7.89%
Downside Capture
3.35%

Return for Risk

Risk / Return Rank

BXF.TO ranks 32 for risk / return — below 32% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


BXF.TO Risk / Return Rank: 3232
Overall Rank
BXF.TO Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
BXF.TO Sortino Ratio Rank: 2424
Sortino Ratio Rank
BXF.TO Omega Ratio Rank: 2727
Omega Ratio Rank
BXF.TO Calmar Ratio Rank: 4040
Calmar Ratio Rank
BXF.TO Martin Ratio Rank: 4040
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for CI 1-5 Year Laddered Government Strip Bond Index ETF (BXF.TO) and compare them to S&P 500 Index.

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.


BXF.TOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.10

Sortino ratioReturn per unit of downside risk

-1.50

Omega ratioGain probability vs. loss probability

1.17

1.35

-0.17

Calmar ratioReturn relative to maximum drawdown

1.74

2.79

-1.05

Martin ratioReturn relative to average drawdown

5.46

10.35

-4.89

Dividends

Dividend History

CI 1-5 Year Laddered Government Strip Bond Index ETF provided a 2.97% dividend yield over the last twelve months, with an annual payout of CA$0.30 per share.


1.00%1.50%2.00%2.50%3.00%CA$0.00CA$0.05CA$0.10CA$0.15CA$0.20CA$0.25CA$0.30CA$0.3520152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
DividendCA$0.30CA$0.30CA$0.33CA$0.26CA$0.16CA$0.14CA$0.18CA$0.18CA$0.16CA$0.12CA$0.12CA$0.13

Dividend yield

2.97%2.91%3.29%2.58%1.58%1.38%1.67%1.75%1.55%1.17%1.19%1.24%

Monthly Dividends

The table displays the monthly dividend distributions for CI 1-5 Year Laddered Government Strip Bond Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.00CA$0.00CA$0.07CA$0.00CA$0.00CA$0.08CA$0.15
2025CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.06CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.30
2024CA$0.00CA$0.00CA$0.10CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.07CA$0.00CA$0.00CA$0.08CA$0.33
2023CA$0.00CA$0.00CA$0.05CA$0.00CA$0.00CA$0.06CA$0.00CA$0.00CA$0.07CA$0.00CA$0.00CA$0.08CA$0.26
2022CA$0.00CA$0.00CA$0.03CA$0.00CA$0.00CA$0.03CA$0.00CA$0.00CA$0.04CA$0.00CA$0.00CA$0.05CA$0.16
2021CA$0.00CA$0.00CA$0.04CA$0.00CA$0.00CA$0.03CA$0.00CA$0.00CA$0.04CA$0.00CA$0.00CA$0.04CA$0.14

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the CI 1-5 Year Laddered Government Strip Bond Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the CI 1-5 Year Laddered Government Strip Bond Index ETF was 6.99%, occurring on Oct 20, 2022. Recovery took 413 trading sessions.

The current CI 1-5 Year Laddered Government Strip Bond Index ETF drawdown is 0.11%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-6.99%Oct 2022
1y 8mo1y 7mo
3y 4moFeb 2021 - Jun 2024
COVID crash2020
-4.54%Mar 2020
7d1mo 7d
1mo 14dMar 2020 - Apr 2020
2016 pullback2016
-3.09%Nov 2016
1mo 14d6mo 20d
8mo 4dSep 2016 - May 2017
2017 pullback2017
-2.16%Sep 2017
3mo 16d1y 3mo
1y 6moMay 2017 - Dec 2018
2026 pullback2026
-1.55%Mar 2026
23d2mo 27d
3mo 20dFeb 2026 - Jun 2026

Drawdown Indicators


BXF.TOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-6.99%

-48.87%

+41.88%

Max Drawdown (1Y)

Largest decline over 1 year

-1.55%

-9.17%

+7.62%

Max Drawdown (3Y)

Largest decline over 3 years

-1.74%

-19.59%

+17.85%

Max Drawdown (5Y)

Largest decline over 5 years

-6.92%

-23.14%

+16.22%

Max Drawdown (10Y)

Largest decline over 10 years

-6.99%

-27.97%

+20.98%

Current Drawdown

Current decline from peak

-0.11%

0.00%

-0.11%

Average Drawdown

Average peak-to-trough decline

-1.16%

-9.64%

+8.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.51%

2.47%

-1.96%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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