CAGE.TO vs. CYH.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Avantis CIBC All-Equity Asset Allocation ETF (CAGE.TO) and iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO).

CAGE.TO and CYH.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CAGE.TO is an actively managed fund by Avantis. It was launched on Mar 18, 2026. CYH.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jan 15, 2008.

Performance

CAGE.TO vs. CYH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC All-Equity Asset Allocation ETF (CAGE.TO) and iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO). The values are adjusted to include any dividend payments, if applicable.

CAGE.TO vs. CYH.TO - Yearly Performance Comparison

	2026 (YTD)
CAGE.TO Avantis CIBC All-Equity Asset Allocation ETF	1.44%
CYH.TO iShares Global Monthly Dividend Index ETF (CAD-Hedged)	0.31%

Returns By Period

CAGE.TO

• 1D: 2.40%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CYH.TO

• 1D: 1.19%
• 1M: -1.99%
• YTD: 8.39%
• 6M: 11.63%
• 1Y: 20.90%
• 3Y*: 14.80%
• 5Y*: 9.42%
• 10Y*: 8.28%

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

CAGE.TO vs. CYH.TO - Expense Ratio Comparison

CYH.TO

iShares Global Monthly Dividend Index ETF (CAD-Hedged)

Return for Risk

CAGE.TO vs. CYH.TO — Risk / Return Rank

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

CYH.TO

CYH.TO Risk / Return Rank: 79
CYH.TO Sharpe Ratio Rank: 77
CYH.TO Sortino Ratio Rank: 78
CYH.TO Omega Ratio Rank: 81
CYH.TO Calmar Ratio Rank: 73
CYH.TO Martin Ratio Rank: 86

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.

CAGE.TO vs. CYH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC All-Equity Asset Allocation ETF (CAGE.TO) and iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.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

	CAGE.TO	CYH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.39	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.21	0.32	+1.88

Correlation

The correlation between CAGE.TO and CYH.TO is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CAGE.TO vs. CYH.TO - Dividend Comparison

CAGE.TO has not paid dividends to shareholders, while CYH.TO's dividend yield for the trailing twelve months is around 3.41%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAGE.TO Avantis CIBC All-Equity Asset Allocation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CYH.TO iShares Global Monthly Dividend Index ETF (CAD-Hedged)	3.41%	3.77%	4.33%	4.68%	4.72%	3.89%	4.51%	4.01%	3.98%	3.03%	3.39%	3.84%

Drawdowns

CAGE.TO vs. CYH.TO - Drawdown Comparison

The maximum CAGE.TO drawdown since its inception was -2.93%, smaller than the maximum CYH.TO drawdown of -61.48%. Use the drawdown chart below to compare losses from any high point for CAGE.TO and CYH.TO.

Drawdown Indicators

	CAGE.TO	CYH.TO	Difference
Max Drawdown Largest peak-to-trough decline	-2.93%	-61.48%	+58.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.30%	—
Current Drawdown Current decline from peak	0.00%	-2.61%	+2.61%
Average Drawdown Average peak-to-trough decline	-1.09%	-10.02%	+8.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.12%	—

Volatility

Volatility by Period

	CAGE.TO	CYH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.65%	15.15%	+8.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.65%	13.59%	+10.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.65%	17.06%	+6.59%