CAUS.TO vs. CAGE.TO

Last updated Jun 4, 2026

CAUS.TO (Avantis CIBC U.S. All-Cap Equity ETF) and CAGE.TO (Avantis CIBC All-Equity Asset Allocation ETF) are both exchange-traded funds - CAUS.TO is a Large Cap Blend Equities fund actively managed by Avantis, while CAGE.TO is a Global Equities fund actively managed by Avantis. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure.

Performance

CAUS.TO vs. CAGE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC U.S. All-Cap Equity ETF (CAUS.TO) and Avantis CIBC All-Equity Asset Allocation ETF (CAGE.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CAUS.TO

• 1D: -0.09%
• 1M: 6.47%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAGE.TO

• 1D: -0.31%
• 1M: 5.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)
CAUS.TO Avantis CIBC U.S. All-Cap Equity ETF	14.82%
CAGE.TO Avantis CIBC All-Equity Asset Allocation ETF	11.71%

Correlation

The correlation between CAUS.TO and CAGE.TO is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.88

Return for Risk

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

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC U.S. All-Cap Equity ETF (CAUS.TO) and Avantis CIBC All-Equity Asset Allocation ETF (CAGE.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

	CAUS.TO	CAGE.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.61	4.44	-1.84

Drawdowns

CAUS.TO vs. CAGE.TO - Drawdown Comparison

The maximum CAUS.TO drawdown since its inception was -6.25%, which is greater than CAGE.TO's maximum drawdown of -2.93%. Use the drawdown chart below to compare losses from any high point for CAUS.TO and CAGE.TO.

Drawdown Indicators

	CAUS.TO	CAGE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-2.93%	-3.32%
Current Drawdown Current decline from peak	-0.31%	-1.96%	+1.65%
Average Drawdown Average peak-to-trough decline	-1.68%	-0.72%	-0.96%

Volatility

Volatility by Period

	CAUS.TO	CAGE.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.54%	15.75%	-0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.54%	15.75%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	15.75%	-0.21%

Dividends

CAUS.TO vs. CAGE.TO - Dividend Comparison

Neither CAUS.TO nor CAGE.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CAUS.TO and CAGE.TO in my portfolio?

CAUS.TO and CAGE.TO have a correlation of 0.88, 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 CAUS.TO and CAGE.TO?

CAUS.TO is categorized as Large Cap Blend Equities, while CAGE.TO is Global Equities.