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CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
Aug 22, 2013
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value

Share Price Chart


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Performance

FLI.TO Performance Chart

CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) (FLI.TO) is down 0.7% since the beginning of the year. FLI.TO is currently trading at CA$12 per share. Investors who bought CA$1,000 worth of FLI.TO shares 5 years ago would now be looking at an investment worth CA$1,600.


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S&P 500 Index

Different Benchmark Currency

FLI.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 U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) (FLI.TO) has returned -0.72% so far this year and 15.58% over the past 12 months. Over the last ten years, FLI.TO has returned 8.90% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.


CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units)

1D
1.22%
1M
7.30%
YTD
-0.72%
6M
6.00%
1Y
15.58%
3Y*
16.06%
5Y*
9.86%
10Y*
8.90%

Benchmark (S&P 500 Index)

1D
1.02%
1M
5.43%
YTD
2.14%
6M
2.83%
1Y
27.96%
3Y*
20.19%
5Y*
12.91%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLI.TO Monthly Returns History

Based on dividend-adjusted daily data since Apr 12, 2005, FLI.TO's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, an investment would double in approximately 7.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +18.5%, while the worst month was Mar 2020 at -27.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FLI.TO closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +17.9%, while the worst single day was Mar 12, 2020 at -16.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.62%-2.69%-1.87%4.61%-0.72%
20253.69%2.08%0.75%-6.43%2.66%1.60%-2.64%5.34%0.64%0.05%4.31%1.63%13.94%
20242.23%1.68%4.89%-8.39%5.14%-1.27%6.76%1.70%3.82%0.05%8.95%-5.65%20.20%
20235.83%-0.19%-13.03%4.35%-5.02%7.77%4.26%-1.12%-0.71%-2.23%5.31%3.63%7.16%
20224.30%-1.22%3.61%-6.13%1.78%-6.78%2.13%0.83%-2.94%13.54%1.43%-4.34%4.69%
2021-0.80%11.21%5.10%4.34%3.58%-5.92%0.00%4.24%-2.02%2.21%-3.24%5.54%25.67%

Benchmark Metrics

CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) has an annualized alpha of -0.12%, beta of 0.87, and R² of 0.36 versus S&P 500 Index. Calculated based on daily prices since August 23, 2013.

  • This ETF participated in 89.70% of S&P 500 Index downside but only 77.71% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.36 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-0.12%
Beta
0.87
0.36
Upside Capture
77.71%
Downside Capture
89.70%

Return for Risk

Risk / Return Rank

FLI.TO ranks 23 for risk / return — below 23% 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.


FLI.TO Risk / Return Rank: 2323
Overall Rank
FLI.TO Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
FLI.TO Sortino Ratio Rank: 2121
Sortino Ratio Rank
FLI.TO Omega Ratio Rank: 2222
Omega Ratio Rank
FLI.TO Calmar Ratio Rank: 2525
Calmar Ratio Rank
FLI.TO Martin Ratio Rank: 2525
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 U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) (FLI.TO) and compare them to a chosen benchmark (S&P 500 Index).


FLI.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.09

2.06

-0.97

Sortino ratio

Return per unit of downside risk

1.54

2.84

-1.30

Omega ratio

Gain probability vs. loss probability

1.20

1.40

-0.20

Calmar ratio

Return relative to maximum drawdown

1.88

3.42

-1.54

Martin ratio

Return relative to average drawdown

5.72

12.35

-6.63

Explore FLI.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 U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) provided a 6.62% dividend yield over the last twelve months, with an annual payout of CA$0.77 per share.


5.00%6.00%7.00%8.00%9.00%10.00%11.00%12.00%CA$0.00CA$0.20CA$0.40CA$0.60CA$0.80CA$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
DividendCA$0.77CA$0.78CA$0.71CA$0.71CA$0.74CA$0.67CA$1.02CA$0.70CA$0.73CA$0.68CA$0.72CA$0.58

Dividend yield

6.62%6.63%6.36%7.23%7.43%6.52%11.67%6.18%7.23%5.05%5.68%5.14%

Monthly Dividends

The table displays the monthly dividend distributions for CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units). The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.06CA$0.06CA$0.05CA$0.00CA$0.16
2025CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.22CA$0.00CA$0.00CA$0.18CA$0.06CA$0.08CA$0.06CA$0.78
2024CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.20CA$0.71
2023CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.19CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.18CA$0.71
2022CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.22CA$0.74
2021CA$0.00CA$0.00CA$0.19CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15CA$0.67

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 U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units). 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 U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) was 56.31%, occurring on Mar 23, 2020. Recovery took 277 trading sessions.

The current CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) drawdown is 3.34%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.31%Jan 12, 2018551Mar 23, 2020277Apr 29, 2021828
-26.02%Aug 11, 2015128Feb 11, 2016187Nov 9, 2016315
-17.81%Feb 17, 202320Mar 17, 2023187Dec 13, 2023207
-16.78%Apr 21, 202259Jul 14, 202298Dec 2, 2022157
-12.65%Apr 3, 20253Apr 7, 2025124Oct 3, 2025127

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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