CEQT.TO vs. CMNY.TO

Last updated Apr 1, 2026

Compare and contrast key facts about CI Equity Asset Allocation ETF (CEQT.TO) and CI Money Market ETF CAD Series (CMNY.TO).

CEQT.TO and CMNY.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEQT.TO is an actively managed fund by CI. It was launched on May 17, 2023. CMNY.TO is an actively managed fund by CI. It was launched on Jul 25, 2023.

Performance

CEQT.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 (CEQT.TO) and CI Money Market ETF CAD Series (CMNY.TO). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023
CEQT.TO CI Equity Asset Allocation ETF	-1.84%	18.84%	27.38%	4.38%
CMNY.TO CI Money Market ETF CAD Series	0.57%	2.83%	4.77%	2.14%

Returns By Period

In the year-to-date period, CEQT.TO achieves a -1.84% return, which is significantly lower than CMNY.TO's 0.57% return.

CEQT.TO

• 1D: -0.49%
• 1M: -6.66%
• YTD: -1.84%
• 6M: 1.25%
• 1Y: 18.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMNY.TO

• 1D: -0.02%
• 1M: 0.18%
• YTD: 0.57%
• 6M: 1.16%
• 1Y: 2.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

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

CEQT.TO

CI Equity Asset Allocation ETF

CMNY.TO

CI Money Market ETF CAD Series

Return for Risk

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

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

CEQT.TO

CEQT.TO Risk / Return Rank: 59
CEQT.TO Sharpe Ratio Rank: 54
CEQT.TO Sortino Ratio Rank: 55
CEQT.TO Omega Ratio Rank: 88
CEQT.TO Calmar Ratio Rank: 45
CEQT.TO Martin Ratio Rank: 56

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: 100
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.

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

This table presents a comparison of risk-adjusted performance metrics for CI Equity Asset Allocation ETF (CEQT.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.

	CEQT.TO	CMNY.TO	Difference
Sharpe ratio Return per unit of total volatility	0.98	6.86	-5.88
Sortino ratio Return per unit of downside risk	1.46	15.54	-14.08
Omega ratio Gain probability vs. loss probability	1.36	3.35	-1.99
Calmar ratio Return relative to maximum drawdown	1.19	43.70	-42.51
Martin ratio Return relative to average drawdown	5.56	176.75	-171.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CEQT.TO vs. CMNY.TO - Sharpe Ratio Comparison

The current CEQT.TO Sharpe Ratio is 0.98, which is lower than the CMNY.TO Sharpe Ratio of 6.86. The chart below compares the historical Sharpe Ratios of CEQT.TO and CMNY.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CEQT.TO	CMNY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	6.86	-5.88
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	3.72	-2.37

Correlation

The correlation between CEQT.TO and CMNY.TO is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

CEQT.TO vs. CMNY.TO - Dividend Comparison

CEQT.TO's dividend yield for the trailing twelve months is around 1.04%, less than CMNY.TO's 2.64% yield.

	TTM	2025	2024	2023
CEQT.TO CI Equity Asset Allocation ETF	1.04%	1.25%	1.82%	1.06%
CMNY.TO CI Money Market ETF CAD Series	2.64%	2.89%	4.64%	2.02%

Drawdowns

CEQT.TO vs. CMNY.TO - Drawdown Comparison

The maximum CEQT.TO drawdown since its inception was -14.02%, 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 CEQT.TO and CMNY.TO.

Drawdown Indicators

	CEQT.TO	CMNY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-14.02%	-0.83%	-13.19%
Max Drawdown (1Y) Largest decline over 1 year	-11.49%	-0.06%	-11.43%
Current Drawdown Current decline from peak	-7.26%	-0.02%	-7.24%
Average Drawdown Average peak-to-trough decline	-1.20%	-0.05%	-1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	0.01%	+2.89%

Volatility

CEQT.TO vs. CMNY.TO - Volatility Comparison

CI Equity Asset Allocation ETF (CEQT.TO) has a higher volatility of 3.60% compared to CI Money Market ETF CAD Series (CMNY.TO) at 0.09%. This indicates that CEQT.TO's price experiences larger fluctuations and is considered to be riskier than CMNY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CEQT.TO	CMNY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	0.09%	+3.51%
Volatility (6M) Calculated over the trailing 6-month period	7.69%	0.25%	+7.44%
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	0.38%	+16.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.94%	1.05%	+11.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.94%	1.05%	+11.89%