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CINF.TO vs. CAGS.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CINF.TO vs. CAGS.TO

Last updated Jul 18, 2026
Documentation

CINF.TO (CI Global Infrastructure Private Pool) and CAGS.TO (CI Canadian Short-Term Aggregate Bond Index ETF) are both exchange-traded funds - CINF.TO is a Utilities Equities fund actively managed by CI, while CAGS.TO is a Short-Term Bond fund managed by CI. Over the past 5 years, CINF.TO returned 12.27%/yr vs 2.15%/yr for CAGS.TO. At a 0.10 correlation, their price movements are largely independent.

Performance

CINF.TO vs. CAGS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Global Infrastructure Private Pool (CINF.TO) and CI Canadian Short-Term Aggregate Bond Index ETF (CAGS.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CINF.TO achieves a 17.22% return, which is significantly higher than CAGS.TO's 1.21% return.

CINF.TO

1D
0.15%
1M
0.58%
6M
13.06%
YTD
17.22%
1Y
21.00%
3Y*
16.67%
5Y*
12.27%
10Y*
—

CAGS.TO

1D
0.00%
1M
0.13%
6M
0.87%
YTD
1.21%
1Y
3.30%
3Y*
4.99%
5Y*
2.15%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CINF.TO vs. CAGS.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
CINF.TO
CI Global Infrastructure Private Pool		17.22%12.54%16.53%5.27%5.03%13.56%7.55%
CAGS.TO
CI Canadian Short-Term Aggregate Bond Index ETF		1.21%3.95%6.07%5.02%-4.30%-1.22%2.59%

Correlation

The correlation between CINF.TO and CAGS.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.26

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

0.14

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

0.11

Correlation (All Time)
Calculated using the full available price history since May 27, 2020

0.10

The correlation between CINF.TO and CAGS.TO shifts across timeframes, from 0.10 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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CI Global Infrastructure Private Pool

CI Canadian Short-Term Aggregate Bond Index ETF

Often compared with CINF.TO:
CINF.TO vs. UTIL.TOCINF.TO vs. CMNY.TOCINF.TO vs. EHE.TOCINF.TO vs. HUTL.TOCINF.TO vs. XUT.TOCINF.TO vs. VXM-B.TOCINF.TO vs. ZUT.TO
Often compared with CAGS.TO:
CAGS.TO vs. ZSU.TOCAGS.TO vs. RCDB.NEOCAGS.TO vs. VXM-B.TOCAGS.TO vs. CEQP.TOCAGS.TO vs. VSC.TOCAGS.TO vs. CMNY.TOCAGS.TO vs. EHE.TO

Return for Risk

CINF.TO vs. CAGS.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CINF.TO
CINF.TO Risk / Return Rank: 8686
Overall Rank
CINF.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
CINF.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
CINF.TO Omega Ratio Rank: 8787
Omega Ratio Rank
CINF.TO Calmar Ratio Rank: 8989
Calmar Ratio Rank
CINF.TO Martin Ratio Rank: 8282
Martin Ratio Rank
CAGS.TO
CAGS.TO Risk / Return Rank: 6565
Overall Rank
CAGS.TO Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
CAGS.TO Sortino Ratio Rank: 6464
Sortino Ratio Rank
CAGS.TO Omega Ratio Rank: 7474
Omega Ratio Rank
CAGS.TO Calmar Ratio Rank: 6666
Calmar Ratio Rank
CAGS.TO Martin Ratio Rank: 5858
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.

CINF.TO vs. CAGS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Global Infrastructure Private Pool (CINF.TO) and CI Canadian Short-Term Aggregate Bond Index ETF (CAGS.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.

CINF.TOCAGS.TODifference
Sharpe ratioReturn per unit of total volatility
2.21
1.61

+0.60

Sortino ratioReturn per unit of downside risk
3.03
2.24

+0.79

Omega ratioGain probability vs. loss probability

1.40

1.33

+0.08

Calmar ratioReturn relative to maximum drawdown

3.97

2.48

+1.48

Martin ratioReturn relative to average drawdown

11.74

7.50

+4.24

CINF.TO vs. CAGS.TO - Sharpe Ratio Comparison

The current CINF.TO Sharpe Ratio is 2.21, which is higher than the CAGS.TO Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of CINF.TO and CAGS.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

CINF.TO vs. CAGS.TO - Drawdown Comparison

The maximum CINF.TO drawdown since its inception was -12.27%, which is greater than CAGS.TO's maximum drawdown of -11.60%. Use the drawdown chart below to compare losses from any high point for CINF.TO and CAGS.TO.

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Drawdown Indicators

CINF.TOCAGS.TODifference

Max Drawdown

Largest peak-to-trough decline

-12.27%

-11.60%

-0.67%

Max Drawdown (1Y)

Largest decline over 1 year

-5.31%

-1.33%

-3.98%

Max Drawdown (3Y)

Largest decline over 3 years

-9.62%

-1.33%

-8.29%

Max Drawdown (5Y)

Largest decline over 5 years

-12.27%

-7.58%

-4.69%

Current Drawdown

Current decline from peak

-0.93%

-0.25%

-0.68%

Average Drawdown

Average peak-to-trough decline

-2.05%

-1.45%

-0.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.79%

0.44%

+1.35%

Volatility

CINF.TO vs. CAGS.TO - Volatility Comparison

CI Global Infrastructure Private Pool (CINF.TO) has a higher volatility of 1.85% compared to CI Canadian Short-Term Aggregate Bond Index ETF (CAGS.TO) at 0.68%. This indicates that CINF.TO's price experiences larger fluctuations and is considered to be riskier than CAGS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CINF.TOCAGS.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.85%

0.68%

+1.17%

Volatility (6M)

Calculated over the trailing 6-month period

7.73%

1.62%

+6.11%

Volatility (1Y)

Calculated over the trailing 1-year period

9.56%

2.06%

+7.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.96%

2.76%

+9.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.07%

4.62%

+7.45%

Dividends

CINF.TO vs. CAGS.TO - Dividend Comparison

CINF.TO's dividend yield for the trailing twelve months is around 2.42%, less than CAGS.TO's 3.28% yield.

PositionTTM202520242023202220212020201920182017
CAGS.TO
CI Canadian Short-Term Aggregate Bond Index ETF		3.28%3.16%3.37%2.62%2.61%1.96%2.59%2.83%2.72%1.06%
CINF.TO
CI Global Infrastructure Private Pool		2.42%2.80%3.06%3.45%3.51%3.56%2.27%0.00%0.00%0.00%

Frequently Asked Questions

CINF.TO and CAGS.TO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CINF.TO is categorized as Utilities Equities, while CAGS.TO is Short-Term Bond.

Portfolio Optimizer

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