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CACB.TO vs. CSBG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CACB.TO vs. CSBG.NEO

Last updated Jun 4, 2026

CACB.TO (CIBC Active Investment Grade Corporate Bond ETF) and CSBG.NEO (CIBC Sustainable Balanced Growth Solution ETF) are both exchange-traded funds - CACB.TO is a Corporate Bonds fund actively managed by CIBC, while CSBG.NEO is a Diversified Portfolio fund actively managed by CIBC. Both are actively managed. Over the past 3 years, CACB.TO returned 6.64%/yr vs 0.80%/yr for CSBG.NEO. At a correlation of -0.02, they often move in opposite directions. CACB.TO charges 0.40%/yr vs 0.90%/yr for CSBG.NEO.

Performance

CACB.TO vs. CSBG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CIBC Active Investment Grade Corporate Bond ETF (CACB.TO) and CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

CACB.TO

1D
0.00%
1M
1.83%
YTD
1.98%
6M
1.75%
1Y
4.87%
3Y*
6.64%
5Y*
3.34%
10Y*
—

CSBG.NEO

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.80%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CACB.TO vs. CSBG.NEO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
CACB.TO
CIBC Active Investment Grade Corporate Bond ETF		1.98%4.34%7.21%10.68%-8.04%0.00%
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF		0.00%0.00%1.17%1.22%1.69%2.60%

Correlation

The correlation between CACB.TO and CSBG.NEO is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (3Y)
Calculated over the trailing 3-year period

-0.00

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2021

-0.02

Compare stocks, funds, or ETFs

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CIBC Active Investment Grade Corporate Bond ETF

CIBC Sustainable Balanced Growth Solution ETF

Often compared with CACB.TO:
CACB.TO vs. CAEM.TOCACB.TO vs. CCAD.TOCACB.TO vs. XCBG.TOCACB.TO vs. XHB.TOCACB.TO vs. VCB.TOCACB.TO vs. XIGS.TOCACB.TO vs. ZBBB.TO
Often compared with CSBG.NEO:
CSBG.NEO vs. CEQT.TOCSBG.NEO vs. GRO.TOCSBG.NEO vs. PYF.TOCSBG.NEO vs. TCON.TOCSBG.NEO vs. HBAL.TOCSBG.NEO vs. ATMPCSBG.NEO vs. CCAD.TO

Return for Risk

CACB.TO vs. CSBG.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CACB.TO
CACB.TO Risk / Return Rank: 3939
Overall Rank
CACB.TO Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
CACB.TO Sortino Ratio Rank: 3838
Sortino Ratio Rank
CACB.TO Omega Ratio Rank: 4040
Omega Ratio Rank
CACB.TO Calmar Ratio Rank: 3939
Calmar Ratio Rank
CACB.TO Martin Ratio Rank: 3838
Martin Ratio Rank
CSBG.NEO
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.

CACB.TO vs. CSBG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Active Investment Grade Corporate Bond ETF (CACB.TO) and CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO). 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.

CACB.TOCSBG.NEODifference
Sharpe ratioReturn per unit of total volatility
1.35

—

—

Sortino ratioReturn per unit of downside risk
1.92

—

—

Omega ratioGain probability vs. loss probability

1.25

—

—

Calmar ratioReturn relative to maximum drawdown

1.89

—

—

Martin ratioReturn relative to average drawdown

5.75

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CACB.TO vs. CSBG.NEO - Sharpe Ratio Comparison

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Sharpe Ratios by Period

CACB.TOCSBG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.35

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

1.08

-0.32

Drawdowns

CACB.TO vs. CSBG.NEO - Drawdown Comparison

The maximum CACB.TO drawdown since its inception was -12.97%, which is greater than CSBG.NEO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CACB.TO and CSBG.NEO.

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Drawdown Indicators

CACB.TOCSBG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-12.97%

0.00%

-12.97%

Max Drawdown (1Y)

Largest decline over 1 year

-2.59%

0.00%

-2.59%

Max Drawdown (3Y)

Largest decline over 3 years

-3.15%

0.00%

-3.15%

Max Drawdown (5Y)

Largest decline over 5 years

-12.87%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-2.52%

0.00%

-2.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.85%

0.00%

+0.85%

Volatility

CACB.TO vs. CSBG.NEO - Volatility Comparison

CIBC Active Investment Grade Corporate Bond ETF (CACB.TO) has a higher volatility of 1.36% compared to CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) at 0.00%. This indicates that CACB.TO's price experiences larger fluctuations and is considered to be riskier than CSBG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CACB.TOCSBG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.36%

0.00%

+1.36%

Volatility (6M)

Calculated over the trailing 6-month period

2.79%

0.00%

+2.79%

Volatility (1Y)

Calculated over the trailing 1-year period

3.64%

0.00%

+3.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.66%

1.27%

+4.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.24%

1.27%

+4.97%

CACB.TO vs. CSBG.NEO - Expense Ratio Comparison

CACB.TO has a 0.40% expense ratio, which is lower than CSBG.NEO's 0.90% expense ratio.

Dividends

CACB.TO vs. CSBG.NEO - Dividend Comparison

CACB.TO's dividend yield for the trailing twelve months is around 4.40%, while CSBG.NEO has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019
CACB.TO
CIBC Active Investment Grade Corporate Bond ETF		4.40%4.46%4.24%5.48%4.97%4.64%4.58%4.60%
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF		0.00%0.00%1.16%1.21%1.66%0.00%0.00%0.00%

Frequently Asked Questions

CACB.TO and CSBG.NEO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CACB.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CACB.TO is cheaper with a 0.40% expense ratio, compared with 0.90% for CSBG.NEO.

CACB.TO is categorized as Corporate Bonds, while CSBG.NEO is Diversified Portfolio. Their fees differ too: 0.40% for CACB.TO and 0.90% for CSBG.NEO.

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