CIE.NEO vs. PMIF-U.TO
CIE.NEO (iShares International Fundamental Common Class) and PMIF-U.TO (PIMCO Monthly Income Fund (Canada)) are both exchange-traded funds - CIE.NEO is a Global Equities fund tracking the FTSE RAFI Developed ex US 1000 Index, while PMIF-U.TO is a Multisector Bonds fund actively managed by PIMCO. CIE.NEO is passively managed, while PMIF-U.TO is actively managed. Over the past 5 years, CIE.NEO returned 15.60%/yr vs 5.57%/yr for PMIF-U.TO. At a correlation of -0.09, they often move in opposite directions. CIE.NEO charges 0.73%/yr vs 0.84%/yr for PMIF-U.TO.
Performance
CIE.NEO vs. PMIF-U.TO - Performance Comparison
Loading charts...
Different Trading Currencies
CIE.NEO is traded in CAD, while PMIF-U.TO is traded in USD. To make them comparable, the PMIF-U.TO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CIE.NEO achieves a 18.32% return, which is significantly higher than PMIF-U.TO's 1.93% return.
CIE.NEO
- 1D
- 0.42%
- 1M
- 6.88%
- YTD
- 18.32%
- 6M
- 20.08%
- 1Y
- 40.12%
- 3Y*
- 24.89%
- 5Y*
- 15.60%
- 10Y*
- 11.97%
PMIF-U.TO
- 1D
- 0.20%
- 1M
- 2.60%
- YTD
- 1.93%
- 6M
- 0.37%
- 1Y
- 8.51%
- 3Y*
- 7.36%
- 5Y*
- 5.57%
- 10Y*
- —
CIE.NEO vs. PMIF-U.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CIE.NEO iShares International Fundamental Common Class | 18.32% | 34.92% | 12.83% | 15.59% | -2.83% | 14.42% | 1.33% | 11.29% | -7.26% |
PMIF-U.TO PIMCO Monthly Income Fund (Canada) | 1.93% | 4.02% | 12.75% | 4.86% | -1.40% | 1.14% | 1.68% | 1.76% | 6.82% |
Correlation
The correlation between CIE.NEO and PMIF-U.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018 | -0.09 |
The correlation between CIE.NEO and PMIF-U.TO shifts across timeframes, from -0.09 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CIE.NEO vs. PMIF-U.TO — Risk / Return Rank
CIE.NEO
PMIF-U.TO
CIE.NEO vs. PMIF-U.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares International Fundamental Common Class (CIE.NEO) and PIMCO Monthly Income Fund (Canada) (PMIF-U.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.
| CIE.NEO | PMIF-U.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.30 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.63 | 2.39 | +1.24 |
| Martin ratioReturn relative to average drawdown | 15.02 | 5.49 | +9.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CIE.NEO | PMIF-U.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.89 | 1.66 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.13 | 0.83 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.59 | -0.15 |
Drawdowns
CIE.NEO vs. PMIF-U.TO - Drawdown Comparison
The maximum CIE.NEO drawdown since its inception was -40.08%, which is greater than PMIF-U.TO's maximum drawdown of -12.80%. Use the drawdown chart below to compare losses from any high point for CIE.NEO and PMIF-U.TO.
Loading charts...
Drawdown Indicators
| CIE.NEO | PMIF-U.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.08% | -12.80% | -27.28% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -3.57% | -7.53% |
Max Drawdown (3Y)Largest decline over 3 years | -15.44% | -6.47% | -8.97% |
Max Drawdown (5Y)Largest decline over 5 years | -20.55% | -8.75% | -11.80% |
Max Drawdown (10Y)Largest decline over 10 years | -40.08% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.58% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -2.69% | -4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 1.55% | +1.13% |
Volatility
CIE.NEO vs. PMIF-U.TO - Volatility Comparison
iShares International Fundamental Common Class (CIE.NEO) has a higher volatility of 4.82% compared to PIMCO Monthly Income Fund (Canada) (PMIF-U.TO) at 1.29%. This indicates that CIE.NEO's price experiences larger fluctuations and is considered to be riskier than PMIF-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CIE.NEO | PMIF-U.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | 1.29% | +3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 11.56% | 3.79% | +7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 5.14% | +8.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.85% | 7.65% | +6.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 8.92% | +9.26% |
CIE.NEO vs. PMIF-U.TO - Expense Ratio Comparison
CIE.NEO has a 0.73% expense ratio, which is lower than PMIF-U.TO's 0.84% expense ratio.
Dividends
CIE.NEO vs. PMIF-U.TO - Dividend Comparison
CIE.NEO's dividend yield for the trailing twelve months is around 2.11%, less than PMIF-U.TO's 3.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIE.NEO iShares International Fundamental Common Class | 2.11% | 2.53% | 2.82% | 3.08% | 3.32% | 2.89% | 2.15% | 3.63% | 3.12% | 2.67% | 2.80% | 2.44% |
PMIF-U.TO PIMCO Monthly Income Fund (Canada) | 3.93% | 3.96% | 4.91% | 4.53% | 2.82% | 2.40% | 2.68% | 2.38% | 0.59% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CIE.NEO and PMIF-U.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CIE.NEO is cheaper at 0.73% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CIE.NEO is cheaper with a 0.73% expense ratio, compared with 0.84% for PMIF-U.TO.
CIE.NEO is categorized as Global Equities, while PMIF-U.TO is Multisector Bonds. They also come from different issuers: iShares and PIMCO. Their fees differ too: 0.73% for CIE.NEO and 0.84% for PMIF-U.TO.
Find the right allocation for CIE.NEO and PMIF-U.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer