- Issuer
- CI
- Inception Date
- Jun 5, 2013
- Category
- Government Bonds
- 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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.39% | 0.69% | -0.90% | 0.10% | 0.69% | 0.28% | 1.25% | ||||||
| 2025 | 1.09% | 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% |
| 2023 | 0.82% | -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% |
| 2021 | 0.47% | -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
- R²
- 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.
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.TO | Benchmark | Difference | |
|---|---|---|---|
| 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.30 | CA$0.30 | CA$0.33 | CA$0.26 | CA$0.16 | CA$0.14 | CA$0.18 | CA$0.18 | CA$0.16 | CA$0.12 | CA$0.12 | CA$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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.00 | CA$0.00 | CA$0.07 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.15 | ||||||
| 2025 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.00 | CA$0.00 | CA$0.06 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.30 |
| 2024 | CA$0.00 | CA$0.00 | CA$0.10 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.00 | CA$0.00 | CA$0.07 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.33 |
| 2023 | CA$0.00 | CA$0.00 | CA$0.05 | CA$0.00 | CA$0.00 | CA$0.06 | CA$0.00 | CA$0.00 | CA$0.07 | CA$0.00 | CA$0.00 | CA$0.08 | CA$0.26 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.05 | CA$0.16 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.04 | CA$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 8mo | 1y 7mo | 3y 4moFeb 2021 - Jun 2024 |
COVID crash2020 | -4.54%Mar 2020 | 7d | 1mo 7d | 1mo 14dMar 2020 - Apr 2020 |
2016 pullback2016 | -3.09%Nov 2016 | 1mo 14d | 6mo 20d | 8mo 4dSep 2016 - May 2017 |
2017 pullback2017 | -2.16%Sep 2017 | 3mo 16d | 1y 3mo | 1y 6moMay 2017 - Dec 2018 |
2026 pullback2026 | -1.55%Mar 2026 | 23d | 2mo 27d | 3mo 20dFeb 2026 - Jun 2026 |
Drawdown Indicators
| BXF.TO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -0.11% | 0.00% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -1.16% | -9.64% | +8.48% |
Ulcer IndexDepth 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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Build a portfolio with BXF.TO
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