ATZ.TO vs. ZMMK.TO
ATZ.TO (Aritzia Inc.) is a stock, while ZMMK.TO (BMO Money Market Fund ETF Series) is Money Market fund actively managed by BMO. Over the past 3 years, ATZ.TO returned 63.82%/yr vs 3.85%/yr for ZMMK.TO. At a 0.04 correlation, their price movements are largely independent.
Performance
ATZ.TO vs. ZMMK.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ATZ.TO achieves a 36.63% return, which is significantly higher than ZMMK.TO's 0.95% return.
ATZ.TO
- 1D
- 1.36%
- 1M
- 14.94%
- YTD
- 36.63%
- 6M
- 45.10%
- 1Y
- 135.41%
- 3Y*
- 63.82%
- 5Y*
- 39.74%
- 10Y*
- —
ZMMK.TO
- 1D
- -0.01%
- 1M
- 0.19%
- YTD
- 0.95%
- 6M
- 1.13%
- 1Y
- 2.48%
- 3Y*
- 3.85%
- 5Y*
- —
- 10Y*
- —
ATZ.TO vs. ZMMK.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ATZ.TO Aritzia Inc. | 36.63% | 119.59% | 94.33% | -41.92% | -9.55% | 4.39% |
ZMMK.TO BMO Money Market Fund ETF Series | 0.95% | 2.77% | 4.94% | 4.86% | 1.99% | 0.04% |
Correlation
The correlation between ATZ.TO and ZMMK.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2021 | 0.04 |
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Return for Risk
ATZ.TO vs. ZMMK.TO — Risk / Return Rank
ATZ.TO
ZMMK.TO
ATZ.TO vs. ZMMK.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aritzia Inc. (ATZ.TO) and BMO Money Market Fund ETF Series (ZMMK.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ATZ.TO | ZMMK.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.98 | ||
| Sortino ratioReturn per unit of downside risk | -19.91 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 5.45 | -3.92 |
| Calmar ratioReturn relative to maximum drawdown | 5.87 | 82.88 | -77.02 |
| Martin ratioReturn relative to average drawdown | 16.59 | 377.25 | -360.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ATZ.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.68 | 9.66 | -5.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 10.29 | -9.70 |
Drawdowns
ATZ.TO vs. ZMMK.TO - Drawdown Comparison
The maximum ATZ.TO drawdown since its inception was -64.82%, which is greater than ZMMK.TO's maximum drawdown of -0.16%. Use the drawdown chart below to compare losses from any high point for ATZ.TO and ZMMK.TO.
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Drawdown Indicators
| ATZ.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.82% | -0.16% | -64.66% |
Max Drawdown (1Y)Largest decline over 1 year | -23.22% | -0.03% | -23.19% |
Max Drawdown (3Y)Largest decline over 3 years | -46.84% | -0.08% | -46.76% |
Max Drawdown (5Y)Largest decline over 5 years | -64.82% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.02% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -20.16% | -0.00% | -20.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.19% | 0.01% | +8.18% |
Volatility
ATZ.TO vs. ZMMK.TO - Volatility Comparison
Aritzia Inc. (ATZ.TO) has a higher volatility of 12.91% compared to BMO Money Market Fund ETF Series (ZMMK.TO) at 0.06%. This indicates that ATZ.TO's price experiences larger fluctuations and is considered to be riskier than ZMMK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATZ.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.91% | 0.06% | +12.85% |
Volatility (6M)Calculated over the trailing 6-month period | 30.48% | 0.18% | +30.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.09% | 0.26% | +36.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.72% | 0.34% | +46.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.04% | 0.34% | +42.70% |
Dividends
ATZ.TO vs. ZMMK.TO - Dividend Comparison
ATZ.TO has not paid dividends to shareholders, while ZMMK.TO's dividend yield for the trailing twelve months is around 2.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ATZ.TO Aritzia Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZMMK.TO BMO Money Market Fund ETF Series | 2.53% | 3.02% | 4.66% | 4.98% | 1.95% | 0.04% |
Frequently Asked Questions
ATZ.TO and ZMMK.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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