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CI Money Market ETF CAD Series (CMNY.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
12570J103
Issuer
CI
Inception Date
Jul 25, 2023
Category
Money Market
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Money Market

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in CI Money Market ETF CAD Series, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

CMNY.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

CI Money Market ETF CAD Series (CMNY.TO) has returned 0.57% so far this year and 2.60% over the past 12 months.


CI Money Market ETF CAD Series

1D
-0.02%
1M
0.18%
YTD
0.57%
6M
1.16%
1Y
2.60%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 25, 2023, CMNY.TO's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, your investment would double in approximately 18.1 years.

Historically, 100% of months were positive and 0% were negative. The best month was Aug 2024 with a return of +0.5%, while the worst month was Nov 2025 at 0.1%. The longest winning streak lasted 32 consecutive months, and the longest losing streak was 0 months.

On a daily basis, CMNY.TO closed higher 56% of trading days. The best single day was Dec 1, 2023 with a return of +0.9%, while the worst single day was Dec 4, 2023 at -0.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.20%0.19%0.18%0.57%
20250.30%0.24%0.25%0.21%0.28%0.25%0.21%0.23%0.22%0.25%0.13%0.21%2.83%
20240.42%0.41%0.37%0.40%0.43%0.39%0.38%0.52%0.19%0.44%0.42%0.29%4.77%
20230.47%0.46%0.38%0.41%0.40%2.14%

Benchmark Metrics

CI Money Market ETF CAD Series has an annualized alpha of 3.95%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 02, 2023.

  • This ETF captured 8.24% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -15.36%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.00 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
3.95%
Beta
0.00
0.00
Upside Capture
8.24%
Downside Capture
-15.36%

Expense Ratio

CMNY.TO has an expense ratio of 0.16%, which is considered low.


Return for Risk

Risk / Return Rank

CMNY.TO ranks 99 for risk / return — in the top 99% 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.


CMNY.TO Risk / Return Rank: 9999
Overall Rank
CMNY.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
CMNY.TO Sortino Ratio Rank: 9999
Sortino Ratio Rank
CMNY.TO Omega Ratio Rank: 9999
Omega Ratio Rank
CMNY.TO Calmar Ratio Rank: 100100
Calmar Ratio Rank
CMNY.TO Martin Ratio Rank: 9999
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 Money Market ETF CAD Series (CMNY.TO) and compare them to a chosen benchmark (S&P 500 Index).


CMNY.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

6.86

0.69

+6.17

Sortino ratio

Return per unit of downside risk

15.54

1.06

+14.49

Omega ratio

Gain probability vs. loss probability

3.35

1.17

+2.18

Calmar ratio

Return relative to maximum drawdown

43.70

1.14

+42.56

Martin ratio

Return relative to average drawdown

176.75

4.22

+172.53

Explore CMNY.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

CI Money Market ETF CAD Series provided a 2.64% dividend yield over the last twelve months, with an annual payout of CA$1.32 per share.


2.00%2.50%3.00%3.50%4.00%4.50%CA$0.00CA$0.50CA$1.00CA$1.50CA$2.00202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
DividendCA$1.32CA$1.45CA$2.32CA$1.01

Dividend yield

2.64%2.89%4.64%2.02%

Monthly Dividends

The table displays the monthly dividend distributions for CI Money Market ETF CAD Series. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.11CA$0.09CA$0.09CA$0.29
2025CA$0.17CA$0.12CA$0.13CA$0.13CA$0.12CA$0.13CA$0.13CA$0.12CA$0.10CA$0.12CA$0.09CA$0.09CA$1.45
2024CA$0.25CA$0.18CA$0.19CA$0.22CA$0.20CA$0.21CA$0.20CA$0.20CA$0.15CA$0.18CA$0.20CA$0.15CA$2.32
2023CA$0.22CA$0.21CA$0.20CA$0.21CA$0.18CA$1.01

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 Money Market ETF CAD Series. 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 Money Market ETF CAD Series was 0.83%, occurring on Dec 6, 2023. Recovery took 39 trading sessions.

The current CI Money Market ETF CAD Series drawdown is 0.02%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-0.83%Dec 4, 20233Dec 6, 202339Feb 2, 202442
-0.42%Aug 28, 20232Aug 29, 202317Sep 22, 202319
-0.36%Nov 26, 20241Nov 26, 202421Dec 27, 202422
-0.22%Feb 25, 20251Feb 25, 202520Mar 25, 202521
-0.14%Sep 3, 20241Sep 3, 20243Sep 6, 20244

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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