CACE.TO vs. CLSA.TO

Last updated Jun 5, 2026

CACE.TO (Avantis CIBC Canadian Equity ETF) and CLSA.TO (Brompton Split Corp. Enhanced Equity Income ETF) are both Canada Equities funds. Both are actively managed. A 0.69 correlation means they provide meaningful diversification when combined. CACE.TO charges 0.19%/yr vs 0.60%/yr for CLSA.TO.

Performance

CACE.TO vs. CLSA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC Canadian Equity ETF (CACE.TO) and Brompton Split Corp. Enhanced Equity Income ETF (CLSA.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CACE.TO

• 1D: 1.02%
• 1M: 5.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLSA.TO

• 1D: 1.12%
• 1M: 7.65%
• YTD: 22.07%
• 6M: 30.64%
• 1Y: 72.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CACE.TO vs. CLSA.TO - Yearly Performance Comparison

	2026 (YTD)
CACE.TO Avantis CIBC Canadian Equity ETF	5.77%
CLSA.TO Brompton Split Corp. Enhanced Equity Income ETF	16.06%

Correlation

The correlation between CACE.TO and CLSA.TO is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026	0.69

Return for Risk

CACE.TO vs. CLSA.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLSA.TO

CLSA.TO Risk / Return Rank: 96
CLSA.TO Sharpe Ratio Rank: 98
CLSA.TO Sortino Ratio Rank: 96
CLSA.TO Omega Ratio Rank: 98
CLSA.TO Calmar Ratio Rank: 93
CLSA.TO Martin Ratio Rank: 95

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.

CACE.TO vs. CLSA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC Canadian Equity ETF (CACE.TO) and Brompton Split Corp. Enhanced Equity Income ETF (CLSA.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CACE.TO	CLSA.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	4.33	-3.00

Drawdowns

CACE.TO vs. CLSA.TO - Drawdown Comparison

The maximum CACE.TO drawdown since its inception was -10.51%, smaller than the maximum CLSA.TO drawdown of -11.73%. Use the drawdown chart below to compare losses from any high point for CACE.TO and CLSA.TO.

Drawdown Indicators

	CACE.TO	CLSA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-10.51%	-11.73%	+1.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.78%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.82%	-1.36%	-1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.51%	—

Volatility

Volatility by Period

	CACE.TO	CLSA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.37%	14.50%	+1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.37%	16.54%	-0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.37%	16.54%	-0.17%

CACE.TO vs. CLSA.TO - Expense Ratio Comparison

CACE.TO has a 0.19% expense ratio, which is lower than CLSA.TO's 0.60% expense ratio.

Dividends

CACE.TO vs. CLSA.TO - Dividend Comparison

CACE.TO has not paid dividends to shareholders, while CLSA.TO's dividend yield for the trailing twelve months is around 10.64%.

Position	TTM	2025
CACE.TO Avantis CIBC Canadian Equity ETF	0.00%	0.00%
CLSA.TO Brompton Split Corp. Enhanced Equity Income ETF	10.64%	7.99%

Frequently Asked Questions

Can I hold both CACE.TO and CLSA.TO in my portfolio?

CACE.TO and CLSA.TO have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CACE.TO or CLSA.TO?

On fees, CACE.TO is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CACE.TO or CLSA.TO?

CACE.TO is cheaper with a 0.19% expense ratio, compared with 0.60% for CLSA.TO.

What is the main difference between CACE.TO and CLSA.TO?

They also come from different issuers: Avantis and Brompton Funds. Their fees differ too: 0.19% for CACE.TO and 0.60% for CLSA.TO.