CI Global Financial Sector ETF (FSF.TO)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

CI Global Financial Sector ETF (FSF.TO) is up 2.3% since the beginning of the year. FSF.TO is currently trading at CA$37 per share. Investors who bought CA$1,000 worth of FSF.TO shares 5 years ago would now be looking at an investment worth CA$1,713.

CI Global Financial Sector ETF (FSF.TO) has returned 2.28% so far this year and 13.30% over the past 12 months. Looking at the last ten years, FSF.TO has achieved an annualized return of 21.70%, outperforming the S&P 500 Index benchmark, which averaged 14.61% per year.

Based on dividend-adjusted daily data since Nov 21, 2014, FSF.TO's average daily return is +0.26%, while the average monthly return is +2.63%. At this rate, an investment would double in approximately 2.2 years.

Historically, 57% of months were positive and 43% were negative. The best month was Aug 2016 with a return of +319.0%, while the worst month was Jul 2016 at -45.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FSF.TO closed higher 37% of trading days. The best single day was Aug 15, 2016 with a return of +654.8%, while the worst single day was Aug 17, 2016 at -73.8%.

CI Global Financial Sector ETF has an annualized alpha of 85.08%, beta of 0.31, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 21, 2014.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (51.68%) than losses (16.69%) - typical of diversified or defensive assets.
• Beta of 0.31 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.

FSF.TO ranks 25 for risk / return — below 25% 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.

CI Global Financial Sector ETF provided a 1.43% dividend yield over the last twelve months, with an annual payout of CA$0.53 per share.

The table displays the monthly dividend distributions for CI Global Financial Sector ETF. 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 Global Financial Sector 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 Global Financial Sector ETF was 73.78%, occurring on Aug 17, 2016. Recovery took 1186 trading sessions.

The current CI Global Financial Sector ETF drawdown is 1.76%.

The chart below shows the rolling one-month volatility.