CIAI.TO vs. CLML.TO
CIAI.TO (CI Global Artificial Intelligence ETF) and CLML.TO (CI Global Climate Leaders Fund) are both exchange-traded funds - CIAI.TO is a Artificial Intelligence fund actively managed by CI, while CLML.TO is a Alternative Energy Equities fund actively managed by CI. Both are actively managed. Over the past year, CIAI.TO returned 31.56% vs 32.66% for CLML.TO. Their 0.58 correlation means they have sometimes moved together and sometimes differently. CIAI.TO charges 0.50%/yr vs 0.99%/yr for CLML.TO.
Performance
CIAI.TO vs. CLML.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CIAI.TO achieves a 19.72% return, which is significantly lower than CLML.TO's 24.04% return.
CIAI.TO
- 1D
- 2.56%
- 1M
- -4.04%
- 6M
- 17.06%
- YTD
- 19.72%
- 1Y
- 31.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 31.70%
CLML.TO
- 1D
- 0.55%
- 1M
- -8.07%
- 6M
- 17.71%
- YTD
- 24.04%
- 1Y
- 32.66%
- 3Y*
- 36.77%
- 5Y*
- 20.37%
- 10Y*
- —
- ALL TIME*
- 20.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$1.13M | CA$1.20M | CA$2.71M | |
| CA$201.36K | CA$413.19K | CA$399.09K |
CIAI.TO vs. CLML.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CIAI.TO CI Global Artificial Intelligence ETF | 19.72% | 18.84% | 29.92% |
CLML.TO CI Global Climate Leaders Fund | 24.04% | 25.21% | 20.54% |
Correlation
The correlation between CIAI.TO and CLML.TO is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (All Time) Calculated using the full available price history since May 7, 2024 | 0.58 |
The correlation between CIAI.TO and CLML.TO has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.
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Return for Risk
CIAI.TO vs. CLML.TO — Risk / Return Rank
CIAI.TO
CLML.TO
CIAI.TO vs. CLML.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Global Artificial Intelligence ETF (CIAI.TO) and CI Global Climate Leaders Fund (CLML.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CIAI.TO | CLML.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.97 | -0.53 |
| Martin ratioReturn relative to average drawdown | 3.79 | 7.95 | -4.17 |
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Drawdowns
CIAI.TO vs. CLML.TO - Drawdown Comparison
The maximum CIAI.TO drawdown since its inception was -31.22%, which is greater than CLML.TO's maximum drawdown of -28.17%. Use the drawdown chart below to compare losses from any high point for CIAI.TO and CLML.TO.
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Drawdown Indicators
| CIAI.TO | CLML.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.22% | -28.17% | -3.05% |
Max Drawdown (1Y)Largest decline over 1 year | -18.93% | -15.61% | -3.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.94% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.17% | — |
Current DrawdownCurrent decline from peak | -9.81% | -11.92% | +2.11% |
Average DrawdownAverage peak-to-trough decline | -6.50% | -8.87% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 3.86% | +3.34% |
Volatility
CIAI.TO vs. CLML.TO - Volatility Comparison
CI Global Artificial Intelligence ETF (CIAI.TO) has a higher volatility of 10.77% compared to CI Global Climate Leaders Fund (CLML.TO) at 7.85%. This indicates that CIAI.TO's price experiences larger fluctuations and is considered to be riskier than CLML.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CIAI.TO | CLML.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.77% | 7.85% | +2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 23.36% | 19.77% | +3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.32% | 23.72% | +4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.48% | 21.27% | +8.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.48% | 21.17% | +8.31% |
CIAI.TO vs. CLML.TO - Expense Ratio Comparison
CIAI.TO has a 0.50% expense ratio, which is lower than CLML.TO's 0.99% expense ratio.
Dividends
CIAI.TO vs. CLML.TO - Dividend Comparison
Neither CIAI.TO nor CLML.TO has paid dividends to shareholders.
Frequently Asked Questions
CIAI.TO and CLML.TO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CIAI.TO is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CIAI.TO is cheaper with a 0.50% expense ratio, compared with 0.99% for CLML.TO.
CIAI.TO is categorized as Artificial Intelligence, while CLML.TO is Alternative Energy Equities. Their fees differ too: 0.50% for CIAI.TO and 0.99% for CLML.TO.
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