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CIE.NEO vs. ONEQ.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CIE.NEO vs. ONEQ.TO

Last updated Jul 16, 2026
Documentation

CIE.NEO (iShares International Fundamental Common Class) and ONEQ.TO (CI Global Core Plus Equity ETF) are both Global Equities funds. CIE.NEO is passively managed, while ONEQ.TO is actively managed. Over the past 10 years, CIE.NEO returned 12.01%/yr vs 11.95%/yr for ONEQ.TO. At a 0.32 correlation, their price movements are largely independent.

Performance

CIE.NEO vs. ONEQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares International Fundamental Common Class (CIE.NEO) and CI Global Core Plus Equity ETF (ONEQ.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CIE.NEO achieves a 18.56% return, which is significantly higher than ONEQ.TO's 14.56% return. Both investments have delivered pretty close results over the past 10 years, with CIE.NEO having a 12.01% annualized return and ONEQ.TO not far behind at 11.95%.

CIE.NEO

1D
0.13%
1M
-0.59%
6M
13.24%
YTD
18.56%
1Y
37.24%
3Y*
23.77%
5Y*
15.96%
10Y*
12.01%

ONEQ.TO

1D
-0.68%
1M
0.39%
6M
11.89%
YTD
14.56%
1Y
26.90%
3Y*
20.72%
5Y*
13.22%
10Y*
11.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CIE.NEO vs. ONEQ.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CIE.NEO
iShares International Fundamental Common Class		18.56%34.92%12.83%15.59%-2.83%14.42%1.33%11.29%-8.19%16.74%
ONEQ.TO
CI Global Core Plus Equity ETF		14.56%17.62%22.45%19.07%-10.74%21.65%8.21%22.22%-10.36%13.10%

Correlation

The correlation between CIE.NEO and ONEQ.TO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.27

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

Correlation (5Y)
Calculated over the trailing 5-year period

0.28

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Oct 6, 2015

0.32

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares International Fundamental Common Class

CI Global Core Plus Equity ETF

Often compared with CIE.NEO:
CIE.NEO vs. PXFCIE.NEO vs. VGG.TOCIE.NEO vs. SPYCIE.NEO vs. FCCM.NEOCIE.NEO vs. DFIVCIE.NEO vs. XMW.TOCIE.NEO vs. XEQT.TO
Often compared with ONEQ.TO:
ONEQ.TO vs. VDU.TOONEQ.TO vs. VVO.TOONEQ.TO vs. XML.TOONEQ.TO vs. GEQT.TOONEQ.TO vs. ESGG.TOONEQ.TO vs. VMO.TOONEQ.TO vs. CEQT.TO

Return for Risk

CIE.NEO vs. ONEQ.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CIE.NEO
CIE.NEO Risk / Return Rank: 8888
Overall Rank
CIE.NEO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
CIE.NEO Sortino Ratio Rank: 9191
Sortino Ratio Rank
CIE.NEO Omega Ratio Rank: 9292
Omega Ratio Rank
CIE.NEO Calmar Ratio Rank: 8080
Calmar Ratio Rank
CIE.NEO Martin Ratio Rank: 8585
Martin Ratio Rank
ONEQ.TO
ONEQ.TO Risk / Return Rank: 8989
Overall Rank
ONEQ.TO Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
ONEQ.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
ONEQ.TO Omega Ratio Rank: 9090
Omega Ratio Rank
ONEQ.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
ONEQ.TO Martin Ratio Rank: 9292
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.

CIE.NEO vs. ONEQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Fundamental Common Class (CIE.NEO) and CI Global Core Plus Equity ETF (ONEQ.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.

CIE.NEOONEQ.TODifference
Sharpe ratioReturn per unit of total volatility
2.50
2.27

+0.23

Sortino ratioReturn per unit of downside risk
3.46
3.31

+0.15

Omega ratioGain probability vs. loss probability

1.49

1.46

+0.03

Calmar ratioReturn relative to maximum drawdown

3.39

4.07

-0.69

Martin ratioReturn relative to average drawdown

13.70

17.98

-4.28

CIE.NEO vs. ONEQ.TO - Sharpe Ratio Comparison

The current CIE.NEO Sharpe Ratio is 2.50, which is comparable to the ONEQ.TO Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of CIE.NEO and ONEQ.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CIE.NEO vs. ONEQ.TO - Drawdown Comparison

The maximum CIE.NEO drawdown since its inception was -40.08%, which is greater than ONEQ.TO's maximum drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for CIE.NEO and ONEQ.TO.

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Drawdown Indicators

CIE.NEOONEQ.TODifference

Max Drawdown

Largest peak-to-trough decline

-40.08%

-34.40%

-5.68%

Max Drawdown (1Y)

Largest decline over 1 year

-11.10%

-6.66%

-4.44%

Max Drawdown (3Y)

Largest decline over 3 years

-15.44%

-16.08%

+0.64%

Max Drawdown (5Y)

Largest decline over 5 years

-20.55%

-17.61%

-2.94%

Max Drawdown (10Y)

Largest decline over 10 years

-40.08%

-34.40%

-5.68%

Current Drawdown

Current decline from peak

-1.72%

-0.68%

-1.04%

Average Drawdown

Average peak-to-trough decline

-7.09%

-3.70%

-3.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.73%

1.51%

+1.22%

Volatility

CIE.NEO vs. ONEQ.TO - Volatility Comparison

iShares International Fundamental Common Class (CIE.NEO) has a higher volatility of 3.52% compared to CI Global Core Plus Equity ETF (ONEQ.TO) at 2.84%. This indicates that CIE.NEO's price experiences larger fluctuations and is considered to be riskier than ONEQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CIE.NEOONEQ.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.52%

2.84%

+0.68%

Volatility (6M)

Calculated over the trailing 6-month period

12.92%

9.88%

+3.04%

Volatility (1Y)

Calculated over the trailing 1-year period

15.02%

11.96%

+3.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.07%

13.28%

+0.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.03%

13.91%

+4.12%

Dividends

CIE.NEO vs. ONEQ.TO - Dividend Comparison

CIE.NEO's dividend yield for the trailing twelve months is around 2.17%, more than ONEQ.TO's 1.59% yield.

PositionTTM20252024202320222021202020192018201720162015
CIE.NEO
iShares International Fundamental Common Class		2.17%2.53%2.82%3.08%3.32%2.89%2.15%3.63%3.12%2.67%2.80%2.44%
ONEQ.TO
CI Global Core Plus Equity ETF		1.59%1.60%1.05%1.53%1.38%0.89%1.22%1.39%0.94%1.03%1.22%0.00%

Frequently Asked Questions

CIE.NEO and ONEQ.TO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: iShares and CI.

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Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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