CI Gold+ Giants Covered Call ETF Common (CGXF.TO)

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The chart shows the growth of an initial investment of CA$10,000 in CI Gold+ Giants Covered Call ETF Common, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

CI Gold+ Giants Covered Call ETF Common (CGXF.TO) has returned 6.89% so far this year and 70.32% over the past 12 months. Over the last decade, CGXF.TO has posted an annualized return of 13.49%, slightly higher than the S&P 500 Index benchmark’s 12.91%.

Based on dividend-adjusted daily data since Jun 3, 2011, CGXF.TO's average daily return is +0.10%, while the average monthly return is +0.72%. At this rate, your investment would double in approximately 8.1 years.

Historically, 52% of months were positive and 48% were negative. The best month was Apr 2020 with a return of +36.8%, while the worst month was Mar 2026 at -17.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CGXF.TO closed higher 44% of trading days. The best single day was Nov 10, 2015 with a return of +300.0%, while the worst single day was Nov 9, 2015 at -75.0%.

CI Gold+ Giants Covered Call ETF Common has an annualized alpha of 21.84%, beta of 0.26, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 06, 2011.

• This ETF participated in 31.29% of S&P 500 Index downside but only 24.34% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.26 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.

CGXF.TO has a high expense ratio of 1.08%, indicating above-average management fees.

CGXF.TO ranks 83 for risk / return — in the top 83% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for CI Gold+ Giants Covered Call ETF Common (CGXF.TO) and compare them to a chosen benchmark (S&P 500 Index).

CI Gold+ Giants Covered Call ETF Common provided a 9.53% dividend yield over the last twelve months, with an annual payout of CA$1.96 per share.

The table displays the monthly dividend distributions for CI Gold+ Giants Covered Call ETF Common. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the CI Gold+ Giants Covered Call ETF Common. 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 Gold+ Giants Covered Call ETF Common was 88.66%, occurring on Nov 9, 2015. Recovery took 2342 trading sessions.

The current CI Gold+ Giants Covered Call ETF Common drawdown is 17.38%.

The chart below shows the rolling one-month volatility.