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CIAI.TO vs. TECH.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

CIAI.TO vs. TECH.TO

Last updated Apr 2, 2026

Compare and contrast key facts about CI Global Artificial Intelligence ETF (CIAI.TO) and Evolve FANGMA Index ETF Hedged CAD (TECH.TO).

CIAI.TO and TECH.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CIAI.TO is an actively managed fund by CI Investments. It was launched on May 2, 2024. TECH.TO is a passively managed fund by Evolve that tracks the performance of the Solactive FANGMA Equal Weight Index. It was launched on May 4, 2021.

Performance

CIAI.TO vs. TECH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Global Artificial Intelligence ETF (CIAI.TO) and Evolve FANGMA Index ETF Hedged CAD (TECH.TO). The values are adjusted to include any dividend payments, if applicable.

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CIAI.TO vs. TECH.TO - Yearly Performance Comparison

2026 (YTD)20252024
CIAI.TO
CI Global Artificial Intelligence ETF		-4.24%18.84%29.92%
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		-8.78%18.22%19.26%

Returns By Period

In the year-to-date period, CIAI.TO achieves a -4.24% return, which is significantly higher than TECH.TO's -8.78% return.

CIAI.TO

1D
1.35%
1M
-3.06%
YTD
-4.24%
6M
-5.88%
1Y
35.24%
3Y*
—
5Y*
—
10Y*
—

TECH.TO

1D
0.94%
1M
-4.49%
YTD
-8.78%
6M
-8.49%
1Y
17.12%
3Y*
27.82%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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CI Global Artificial Intelligence ETF

Evolve FANGMA Index ETF Hedged CAD

Often compared with CIAI.TO:
CIAI.TO vs. AIGO.TOCIAI.TO vs. TEC.TOCIAI.TO vs. CHPS.TOCIAI.TO vs. AIQCIAI.TO vs. CHPS-U.TOCIAI.TO vs. INAI.TOCIAI.TO vs. XIT.TO
Often compared with TECH.TO:
TECH.TO vs. TEC.TOTECH.TO vs. QQC.TOTECH.TO vs. BIGYTECH.TO vs. HTAE.TOTECH.TO vs. HISA.NEOTECH.TO vs. HISU-U.TOTECH.TO vs. TECI.TO

CIAI.TO vs. TECH.TO - Expense Ratio Comparison

CIAI.TO has a 0.50% expense ratio, which is higher than TECH.TO's 0.40% expense ratio.

CIAI.TO
CI Global Artificial Intelligence ETF
TECH.TO
Evolve FANGMA Index ETF Hedged CAD

Return for Risk

CIAI.TO vs. TECH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CIAI.TO
CIAI.TO Risk / Return Rank: 6262
Overall Rank
CIAI.TO Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
CIAI.TO Sortino Ratio Rank: 6464
Sortino Ratio Rank
CIAI.TO Omega Ratio Rank: 6060
Omega Ratio Rank
CIAI.TO Calmar Ratio Rank: 7171
Calmar Ratio Rank
CIAI.TO Martin Ratio Rank: 5252
Martin Ratio Rank
TECH.TO
TECH.TO Risk / Return Rank: 3838
Overall Rank
TECH.TO Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
TECH.TO Sortino Ratio Rank: 4444
Sortino Ratio Rank
TECH.TO Omega Ratio Rank: 3838
Omega Ratio Rank
TECH.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
TECH.TO Martin Ratio Rank: 3535
Martin Ratio Rank
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.

CIAI.TO vs. TECH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Global Artificial Intelligence ETF (CIAI.TO) and Evolve FANGMA Index ETF Hedged CAD (TECH.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.

CIAI.TOTECH.TODifference

Sharpe ratio

Return per unit of total volatility

1.15

0.74

+0.41

Sortino ratio

Return per unit of downside risk

1.68

1.29

+0.40

Omega ratio

Gain probability vs. loss probability

1.23

1.16

+0.07

Calmar ratio

Return relative to maximum drawdown

1.92

1.09

+0.83

Martin ratio

Return relative to average drawdown

5.38

3.52

+1.87

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIAI.TO vs. TECH.TO - Sharpe Ratio Comparison

The current CIAI.TO Sharpe Ratio is 1.15, which is higher than the TECH.TO Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of CIAI.TO and TECH.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.

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Sharpe Ratios by Period

CIAI.TOTECH.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.15

0.74

+0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

0.80

0.51

+0.30

Correlation

The correlation between CIAI.TO and TECH.TO is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CIAI.TO vs. TECH.TO - Dividend Comparison

CIAI.TO has not paid dividends to shareholders, while TECH.TO's dividend yield for the trailing twelve months is around 0.13%.

TTM20252024202320222021
CIAI.TO
CI Global Artificial Intelligence ETF		0.00%0.00%0.00%0.00%0.00%0.00%
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		0.13%0.12%0.14%0.20%0.35%0.17%

Drawdowns

CIAI.TO vs. TECH.TO - Drawdown Comparison

The maximum CIAI.TO drawdown since its inception was -31.22%, smaller than the maximum TECH.TO drawdown of -47.92%. Use the drawdown chart below to compare losses from any high point for CIAI.TO and TECH.TO.

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Drawdown Indicators

CIAI.TOTECH.TODifference

Max Drawdown

Largest peak-to-trough decline

-31.22%

-47.92%

+16.70%

Max Drawdown (1Y)

Largest decline over 1 year

-18.93%

-16.59%

-2.34%

Current Drawdown

Current decline from peak

-13.68%

-12.23%

-1.45%

Average Drawdown

Average peak-to-trough decline

-6.87%

-12.66%

+5.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.75%

5.15%

+1.60%

Volatility

CIAI.TO vs. TECH.TO - Volatility Comparison

CI Global Artificial Intelligence ETF (CIAI.TO) has a higher volatility of 9.84% compared to Evolve FANGMA Index ETF Hedged CAD (TECH.TO) at 6.92%. This indicates that CIAI.TO's price experiences larger fluctuations and is considered to be riskier than TECH.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.TOTECH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.84%

6.92%

+2.92%

Volatility (6M)

Calculated over the trailing 6-month period

19.32%

13.12%

+6.20%

Volatility (1Y)

Calculated over the trailing 1-year period

30.76%

23.31%

+7.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.70%

26.64%

+2.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.70%

26.64%

+2.06%