CCAD.TO vs. HSUV-U.TO

Last updated Apr 15, 2026

CCAD.TO (CIBC Premium Cash Management ETF) and HSUV-U.TO (Global X USD Cash Maximizer Corporate Class ETF) are both Money Market funds. Both are actively managed. At -0.10, they often move in opposite directions. CCAD.TO charges 0.14%/yr vs 0.18%/yr for HSUV-U.TO.

Performance

CCAD.TO vs. HSUV-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CIBC Premium Cash Management ETF (CCAD.TO) and Global X USD Cash Maximizer Corporate Class ETF (HSUV-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CCAD.TO is traded in CAD, while HSUV-U.TO is traded in USD. To make them comparable, the HSUV-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CCAD.TO achieves a 0.65% return, which is significantly lower than HSUV-U.TO's 1.13% return.

CCAD.TO

• 1D: 0.00%
• 1M: 0.18%
• YTD: 0.65%
• 6M: 1.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSUV-U.TO

• 1D: -0.17%
• 1M: 0.35%
• YTD: 1.13%
• 6M: -0.22%
• 1Y: 3.03%
• 3Y*: 5.67%
• 5Y*: 5.40%
• 10Y*: —

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

CCAD.TO vs. HSUV-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CCAD.TO CIBC Premium Cash Management ETF	0.65%	1.69%
HSUV-U.TO Global X USD Cash Maximizer Corporate Class ETF	1.13%	0.70%

Correlation

The correlation between CCAD.TO and HSUV-U.TO is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management — when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 15, 2025	-0.10

Return for Risk

CCAD.TO vs. HSUV-U.TO — Risk / Return Rank

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

HSUV-U.TO

HSUV-U.TO Risk / Return Rank: 96
HSUV-U.TO Sharpe Ratio Rank: 93
HSUV-U.TO Sortino Ratio Rank: 96
HSUV-U.TO Omega Ratio Rank: 96
HSUV-U.TO Calmar Ratio Rank: 98
HSUV-U.TO Martin Ratio Rank: 97

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.

CCAD.TO vs. HSUV-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Premium Cash Management ETF (CCAD.TO) and Global X USD Cash Maximizer Corporate Class ETF (HSUV-U.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

	CCAD.TO	HSUV-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.60	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.16	0.51	+6.65

Drawdowns

CCAD.TO vs. HSUV-U.TO - Drawdown Comparison

The maximum CCAD.TO drawdown since its inception was -0.08%, smaller than the maximum HSUV-U.TO drawdown of -11.40%. Use the drawdown chart below to compare losses from any high point for CCAD.TO and HSUV-U.TO.

Drawdown Indicators

	CCAD.TO	HSUV-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-0.08%	-0.52%	+0.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.52%	—
Current Drawdown Current decline from peak	0.00%	-0.19%	+0.19%
Average Drawdown Average peak-to-trough decline	-0.01%	-0.03%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.09%	—

Volatility

Volatility by Period

	CCAD.TO	HSUV-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.36%	5.08%	-4.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.36%	6.48%	-6.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.36%	6.46%	-6.10%

CCAD.TO vs. HSUV-U.TO - Expense Ratio Comparison

CCAD.TO has a 0.14% expense ratio, which is lower than HSUV-U.TO's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CCAD.TO vs. HSUV-U.TO - Dividend Comparison

CCAD.TO's dividend yield for the trailing twelve months is around 2.23%, while HSUV-U.TO has not paid dividends to shareholders.

	TTM	2025
CCAD.TO CIBC Premium Cash Management ETF	2.23%	1.62%
HSUV-U.TO Global X USD Cash Maximizer Corporate Class ETF	0.00%	0.00%