CEQP.TO vs. CMNY.TO

Last updated Jun 5, 2026

CEQP.TO (CI Equity+ Asset Allocation ETF) and CMNY.TO (CI Money Market ETF CAD Series) are both exchange-traded funds - CEQP.TO is a Diversified Portfolio fund actively managed by CI, while CMNY.TO is a Money Market fund actively managed by CI. Both are actively managed. At a correlation of -0.07, they often move in opposite directions. CEQP.TO charges 0.30%/yr vs 0.16%/yr for CMNY.TO.

Performance

CEQP.TO vs. CMNY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Equity+ Asset Allocation ETF (CEQP.TO) and CI Money Market ETF CAD Series (CMNY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CEQP.TO

• 1D: 0.19%
• 1M: 5.46%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMNY.TO

• 1D: 0.00%
• 1M: 0.18%
• YTD: 0.99%
• 6M: 1.17%
• 1Y: 2.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CEQP.TO vs. CMNY.TO - Yearly Performance Comparison

	2026 (YTD)
CEQP.TO CI Equity+ Asset Allocation ETF	7.21%
CMNY.TO CI Money Market ETF CAD Series	0.83%

Correlation

The correlation between CEQP.TO and CMNY.TO is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026	-0.07

Return for Risk

CEQP.TO vs. CMNY.TO — Risk / Return Rank

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

CMNY.TO

CMNY.TO Risk / Return Rank: 99
CMNY.TO Sharpe Ratio Rank: 99
CMNY.TO Sortino Ratio Rank: 99
CMNY.TO Omega Ratio Rank: 99
CMNY.TO Calmar Ratio Rank: 99
CMNY.TO Martin Ratio Rank: 99

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.

CEQP.TO vs. CMNY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Equity+ Asset Allocation ETF (CEQP.TO) and CI Money Market ETF CAD Series (CMNY.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

	CEQP.TO	CMNY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	7.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	3.73	-2.36

Drawdowns

CEQP.TO vs. CMNY.TO - Drawdown Comparison

The maximum CEQP.TO drawdown since its inception was -8.33%, which is greater than CMNY.TO's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for CEQP.TO and CMNY.TO.

Drawdown Indicators

	CEQP.TO	CMNY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-8.33%	-0.83%	-7.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.05%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.89%	-0.05%	-1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	CEQP.TO	CMNY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.40%	0.33%	+16.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.40%	1.02%	+15.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.40%	1.02%	+15.38%

CEQP.TO vs. CMNY.TO - Expense Ratio Comparison

CEQP.TO has a 0.30% expense ratio, which is higher than CMNY.TO's 0.16% expense ratio.

Dividends

CEQP.TO vs. CMNY.TO - Dividend Comparison

CEQP.TO's dividend yield for the trailing twelve months is around 0.01%, less than CMNY.TO's 2.55% yield.

Position	TTM	2025	2024	2023
CEQP.TO CI Equity+ Asset Allocation ETF	0.01%	0.00%	0.00%	0.00%
CMNY.TO CI Money Market ETF CAD Series	2.55%	2.89%	4.64%	2.02%

Frequently Asked Questions

Can I hold both CEQP.TO and CMNY.TO in my portfolio?

CEQP.TO and CMNY.TO have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CEQP.TO or CMNY.TO?

On fees, CMNY.TO is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CEQP.TO or CMNY.TO?

CMNY.TO is cheaper with a 0.16% expense ratio, compared with 0.30% for CEQP.TO.

What is the main difference between CEQP.TO and CMNY.TO?

CEQP.TO is categorized as Diversified Portfolio, while CMNY.TO is Money Market. Their fees differ too: 0.30% for CEQP.TO and 0.16% for CMNY.TO.