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CI Munro Global Growth Equity Fund (CMGG.TO) Sharpe Ratio: 2.36

ETF · Currency in CAD · Last updated Jun 4, 2026

The CI Munro Global Growth Equity Fund is an actively managed ETF sub-advised by Munro Partners that invests in global growth equities. The fund uses fundamental and quantitative analysis with a bottom-up and top-down approach to identify companies poised to benefit from structural and thematic changes across global markets.

CMGG.TO's Sharpe Ratio of 2.36 indicates that for each unit of volatility, it generates 2.36 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

CMGG.TO Sharpe Ratio Rank

CMGG.TO Sharpe Ratio Rank: 71.772
Above Average

CMGG.TO ranks above 71.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

CMGG.TO Sharpe Ratio Market Positioning

The chart shows CMGG.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.84 or lower
  • Yellow zone (middle 50%): 0.84 to 2.41
  • Green zone (top 25%): 2.41 or higher
  • Top 1%: 7.66+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares CI Munro Global Growth Equity Fund's Sharpe Ratio with other ETFs in the Global Equities category across multiple time periods, showing how CMGG.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FGEP.TOFidelity Global Equity+ Fund ETF3.19
MEQT.TOMackenzie All-Equity Allocation ETF3.05
CIE.NEOiShares International Fundamental Common Class2.85
VEQT.TOVanguard All-Equity ETF Portfolio2.74
TTTX.TOGlobal X Innovative Bluechip Top 10 Index ETF2.71
TEQT.TOTD All-Equity ETF Portfolio2.70
HEQT.TOHorizons All-Equity Asset Allocation ETF2.65
VEF.TOVanguard FTSE Developed All Cap Ex US2.59
XEQT.TOiShares Core Equity ETF Portfolio2.53
VMO.TOVanguard Global Momentum Factor ETF CAD2.51
CMGG.TOCI Munro Global Growth Equity Fund2.36

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CMGG.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CMGG.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does CMGG.TO fit in your portfolio?

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