PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Global X Equal Weight U.S. Groceries & Staples Index ETF (UMRT.TO) Sharpe Ratio: 0.67

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

UMRT.TO is a passive ETF by Global X tracking the investment results of the Mirae Asset Equal Weight U.S. Groceries and Staples Index. UMRT.TO launched on Apr 21, 2025 and has a 0.25% expense ratio.

UMRT.TO's Sharpe Ratio of 0.67 indicates that for each unit of volatility, it generates 0.67 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.

UMRT.TO Sharpe Ratio Rank

UMRT.TO Sharpe Ratio Rank: 20.821
Below Average

UMRT.TO ranks above 20.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-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

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

UMRT.TO Sharpe Ratio Market Positioning

The chart shows UMRT.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%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.76+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares Global X Equal Weight U.S. Groceries & Staples Index ETF's Sharpe Ratio with other ETFs in the Consumer Staples Equities category across multiple time periods, showing how UMRT.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
UMRT.TOGlobal X Equal Weight U.S. Groceries & Staples Index ETF0.67
XST.TOiShares S&P/TSX Capped Consumer Staples Index ETF0.36
MART.TOGlobal X Equal Weight Canadian Groceries & Staples Index ETF-0.08
STPL.TOBMO Global Consumer Staples Hedged to CAD Index ETF-0.16

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows UMRT.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 UMRT.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does UMRT.TO fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio