CAEM.TO vs. CACB.TO

Last updated Jun 4, 2026

CAEM.TO (Avantis CIBC Emerging Markets Equity ETF) and CACB.TO (CIBC Active Investment Grade Corporate Bond ETF) are both exchange-traded funds - CAEM.TO is a Emerging Markets Equities fund actively managed by CIBC, while CACB.TO is a Corporate Bonds fund actively managed by CIBC. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

CAEM.TO vs. CACB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC Emerging Markets Equity ETF (CAEM.TO) and CIBC Active Investment Grade Corporate Bond ETF (CACB.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CAEM.TO

• 1D: -0.87%
• 1M: 9.77%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CACB.TO

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

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

CAEM.TO vs. CACB.TO - Yearly Performance Comparison

	2026 (YTD)
CAEM.TO Avantis CIBC Emerging Markets Equity ETF	17.42%
CACB.TO CIBC Active Investment Grade Corporate Bond ETF	2.05%

Correlation

The correlation between CAEM.TO and CACB.TO is 0.56, 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 Apr 1, 2026	0.56

Return for Risk

CAEM.TO vs. CACB.TO — 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: 39
CACB.TO Sharpe Ratio Rank: 38
CACB.TO Sortino Ratio Rank: 38
CACB.TO Omega Ratio Rank: 40
CACB.TO Calmar Ratio Rank: 39
CACB.TO Martin Ratio Rank: 38

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.

CAEM.TO vs. CACB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC Emerging Markets Equity ETF (CAEM.TO) and CIBC Active Investment Grade Corporate Bond ETF (CACB.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

	CAEM.TO	CACB.TO	Difference
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	7.86	0.76	+7.10

Drawdowns

CAEM.TO vs. CACB.TO - Drawdown Comparison

The maximum CAEM.TO drawdown since its inception was -4.26%, smaller than the maximum CACB.TO drawdown of -12.97%. Use the drawdown chart below to compare losses from any high point for CAEM.TO and CACB.TO.

Drawdown Indicators

	CAEM.TO	CACB.TO	Difference
Max Drawdown Largest peak-to-trough decline	-4.26%	-12.97%	+8.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.87%	—
Current Drawdown Current decline from peak	-0.87%	0.00%	-0.87%
Average Drawdown Average peak-to-trough decline	-0.74%	-2.52%	+1.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.85%	—

Volatility

Volatility by Period

	CAEM.TO	CACB.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.42%	3.64%	+15.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.42%	5.66%	+13.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.42%	6.24%	+13.18%

Dividends

CAEM.TO vs. CACB.TO - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019
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%
CAEM.TO Avantis CIBC Emerging Markets Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CAEM.TO and CACB.TO in my portfolio?

CAEM.TO and CACB.TO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between CAEM.TO and CACB.TO?

CAEM.TO is categorized as Emerging Markets Equities, while CACB.TO is Corporate Bonds.