CINF.TO vs. CMAG.TO
CINF.TO (CI Global Infrastructure Private Pool) and CMAG.TO (CI Munro Alternative Global Growth Fund) are both exchange-traded funds - CINF.TO is a Utilities Equities fund actively managed by CI, while CMAG.TO is a Long-Short fund actively managed by CI. Both are actively managed. Over the past 5 years, CINF.TO returned 12.27%/yr vs 10.70%/yr for CMAG.TO. At a 0.23 correlation, their price movements are largely independent.
Performance
CINF.TO vs. CMAG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CINF.TO achieves a 17.22% return, which is significantly higher than CMAG.TO's 9.57% 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*
- —
CMAG.TO
- 1D
- -0.06%
- 1M
- -7.03%
- 6M
- 6.03%
- YTD
- 9.57%
- 1Y
- 13.88%
- 3Y*
- 21.54%
- 5Y*
- 10.70%
- 10Y*
- —
CINF.TO vs. CMAG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CINF.TO CI Global Infrastructure Private Pool | 17.22% | 12.54% | 16.53% | 5.27% | 5.03% | 13.56% | 7.55% |
CMAG.TO CI Munro Alternative Global Growth Fund | 9.57% | 13.08% | 37.11% | 16.07% | -19.04% | 9.21% | 24.36% |
Correlation
The correlation between CINF.TO and CMAG.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 27, 2020 | 0.23 |
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Return for Risk
CINF.TO vs. CMAG.TO — Risk / Return Rank
CINF.TO
CMAG.TO
CINF.TO vs. CMAG.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 Munro Alternative Global Growth Fund (CMAG.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.TO | CMAG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.13 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.97 | 1.21 | +2.76 |
| Martin ratioReturn relative to average drawdown | 11.74 | 3.20 | +8.54 |
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Drawdowns
CINF.TO vs. CMAG.TO - Drawdown Comparison
The maximum CINF.TO drawdown since its inception was -12.27%, smaller than the maximum CMAG.TO drawdown of -23.94%. Use the drawdown chart below to compare losses from any high point for CINF.TO and CMAG.TO.
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Drawdown Indicators
| CINF.TO | CMAG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.27% | -23.94% | +11.67% |
Max Drawdown (1Y)Largest decline over 1 year | -5.31% | -11.54% | +6.23% |
Max Drawdown (3Y)Largest decline over 3 years | -9.62% | -18.87% | +9.25% |
Max Drawdown (5Y)Largest decline over 5 years | -12.27% | -23.94% | +11.67% |
Current DrawdownCurrent decline from peak | -0.93% | -8.43% | +7.50% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -8.10% | +6.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 4.35% | -2.56% |
Volatility
CINF.TO vs. CMAG.TO - Volatility Comparison
The current volatility for CI Global Infrastructure Private Pool (CINF.TO) is 1.85%, while CI Munro Alternative Global Growth Fund (CMAG.TO) has a volatility of 8.73%. This indicates that CINF.TO experiences smaller price fluctuations and is considered to be less risky than CMAG.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.TO | CMAG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.85% | 8.73% | -6.88% |
Volatility (6M)Calculated over the trailing 6-month period | 7.73% | 18.51% | -10.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.56% | 21.21% | -11.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.96% | 17.31% | -5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.07% | 17.26% | -5.19% |
Dividends
CINF.TO vs. CMAG.TO - Dividend Comparison
CINF.TO's dividend yield for the trailing twelve months is around 2.42%, while CMAG.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CINF.TO CI Global Infrastructure Private Pool | 2.42% | 2.80% | 3.06% | 3.45% | 3.51% | 3.56% | 2.27% |
CMAG.TO CI Munro Alternative Global Growth Fund | 0.00% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CINF.TO and CMAG.TO have a correlation of 0.22, 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 CMAG.TO is Long-Short.
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