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Issuer
CI
Inception Date
Jan 6, 2021
Category
Gold
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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CI Gold Bullion ETF (US$ Series)

Performance

VALT-U.TO Performance Chart

CI Gold Bullion ETF (US$ Series) (VALT-U.TO) is down 6.4% since the beginning of the year. VALT-U.TO is currently trading at $40 per share. Investors who bought $1,000 worth of VALT-U.TO shares 5 years ago would now be looking at an investment worth $2,255.


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S&P 500 Index

Returns By Period

CI Gold Bullion ETF (US$ Series) (VALT-U.TO) has returned -6.39% so far this year and 22.84% over the past 12 months.


CI Gold Bullion ETF (US$ Series)

1D
0.73%
1M
-11.06%
YTD
-6.39%
6M
-7.30%
1Y
22.84%
3Y*
28.29%
5Y*
17.66%
10Y*

Benchmark (S&P 500 Index)

1D
0.79%
1M
-1.06%
YTD
9.55%
6M
8.75%
1Y
20.86%
3Y*
19.00%
5Y*
11.66%
10Y*
13.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VALT-U.TO Monthly Returns History

Based on dividend-adjusted daily data since Jan 14, 2021, VALT-U.TO's average daily return is +0.07%, while the average monthly return is +1.38%. At this rate, an investment would double in approximately 4.2 years.

Historically, 56% of months were positive and 44% were negative. The best month was Feb 2026 with a return of +30.9%, while the worst month was May 2026 at -18.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, VALT-U.TO closed higher 45% of trading days. The best single day was Feb 20, 2026 with a return of +24.5%, while the worst single day was May 4, 2026 at -20.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202613.25%30.88%-11.14%-1.51%-18.87%-11.06%-6.39%
20257.18%2.77%8.62%5.84%-0.30%-0.15%0.21%4.40%11.88%3.53%5.68%2.46%65.42%
2024-1.41%0.74%7.11%6.37%0.26%-0.60%4.36%3.77%4.43%4.09%-3.27%-1.67%26.27%
20235.86%-5.43%8.39%1.07%-1.56%-2.71%3.32%-1.43%-3.98%6.89%2.06%1.23%13.43%
2022-2.19%5.94%2.11%-1.45%-2.89%-2.38%-2.99%-2.63%-2.05%-1.80%6.22%3.85%-0.93%
2021-0.11%-4.11%-3.78%4.22%6.53%-6.02%2.70%-0.93%-4.25%2.31%0.45%2.53%-1.30%

Benchmark Metrics

CI Gold Bullion ETF (US$ Series) has an annualized alpha of 17.06%, beta of 0.10, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 14, 2021.

  • This ETF captured 28.16% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -36.17%) - a profile typical of hedging or uncorrelated assets.
  • Beta of 0.10 may look defensive, but with R2 of 0.01 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 0.01 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
17.06%
Beta
0.10
0.01
Upside Capture
28.16%
Downside Capture
-36.17%

Return for Risk

Risk / Return Rank

VALT-U.TO ranks 21 for risk / return — below 21% 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.


VALT-U.TO Risk / Return Rank: 2121
Overall Rank
VALT-U.TO Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
VALT-U.TO Sortino Ratio Rank: 2121
Sortino Ratio Rank
VALT-U.TO Omega Ratio Rank: 3131
Omega Ratio Rank
VALT-U.TO Calmar Ratio Rank: 1717
Calmar Ratio Rank
VALT-U.TO Martin Ratio Rank: 1717
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 Gold Bullion ETF (US$ Series) (VALT-U.TO) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


VALT-U.TOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.11

Sortino ratioReturn per unit of downside risk

-1.26

Omega ratioGain probability vs. loss probability

1.19

1.30

-0.12

Calmar ratioReturn relative to maximum drawdown

0.60

2.30

-1.70

Martin ratioReturn relative to average drawdown

1.61

10.05

-8.44

Dividends

Dividend History


CI Gold Bullion ETF (US$ Series) doesn't pay dividends

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 Gold Bullion ETF (US$ 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 Gold Bullion ETF (US$ Series) was 38.65%, occurring on Jun 24, 2026. The portfolio has not yet recovered.

The current CI Gold Bullion ETF (US$ Series) drawdown is 37.72%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-38.65%Jun 2026
3mo 23d
4mo 5hMar 2026 - now
Bear market2022
-20.90%Sep 2022
6mo 22d1y 2mo
1y 8moMar 2022 - Dec 2023
2026 correction2026
-13.28%Feb 2026
3d18d
21dJan 2026 - Feb 2026
2025 pullback2025
-9.64%Nov 2025
15d1mo 17d
2mo 2dOct 2025 - Dec 2025
2021 pullback2021
-9.21%Aug 2021
2mo 7d6mo 24d
9mo 1dJun 2021 - Mar 2022

Drawdown Indicators


VALT-U.TOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-38.65%

-56.78%

+18.13%

Max Drawdown (1Y)

Largest decline over 1 year

-38.65%

-9.10%

-29.55%

Max Drawdown (3Y)

Largest decline over 3 years

-38.65%

-18.90%

-19.75%

Max Drawdown (5Y)

Largest decline over 5 years

-38.65%

-25.43%

-13.22%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-37.72%

-1.45%

-36.27%

Average Drawdown

Average peak-to-trough decline

-6.11%

-10.71%

+4.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.30%

2.08%

+12.22%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with VALT-U.TO

Add CI Gold Bullion ETF (US$ Series) to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with VALT-U.TO