PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CINF.TO vs. CXF.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CINF.TO vs. CXF.TO

Last updated Jul 18, 2026
Documentation

CINF.TO (CI Global Infrastructure Private Pool) and CXF.TO (CI Canadian Convertible Bond ETF) are both exchange-traded funds - CINF.TO is a Utilities Equities fund actively managed by CI, while CXF.TO is a Convertible Bonds fund actively managed by CI. Both are actively managed. Over the past 5 years, CINF.TO returned 12.27%/yr vs 5.16%/yr for CXF.TO. At a 0.08 correlation, their price movements are largely independent.

Performance

CINF.TO vs. CXF.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 Convertible Bond ETF (CXF.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 CXF.TO's 2.10% 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*
—

CXF.TO

1D
0.09%
1M
1.13%
6M
4.24%
YTD
2.10%
1Y
9.13%
3Y*
9.03%
5Y*
5.16%
10Y*
5.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CINF.TO vs. CXF.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%
CXF.TO
CI Canadian Convertible Bond ETF		2.10%9.05%19.64%1.36%-3.47%6.85%16.98%

Correlation

The correlation between CINF.TO and CXF.TO is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

-0.05

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 May 27, 2020

0.08

The correlation between CINF.TO and CXF.TO shifts across timeframes, from -0.05 (1 year) to 0.08 (all time), 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.

CI Global Infrastructure Private Pool

CI Canadian Convertible Bond 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 CXF.TO:
CXF.TO vs. CBCX.TOCXF.TO vs. CIC.TOCXF.TO vs. CMNY.TOCXF.TO vs. CGXF.TOCXF.TO vs. NXF.TOCXF.TO vs. CEQT.TOCXF.TO vs. VXM-B.TO

Return for Risk

CINF.TO vs. CXF.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
CXF.TO
CXF.TO Risk / Return Rank: 4040
Overall Rank
CXF.TO Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
CXF.TO Sortino Ratio Rank: 3232
Sortino Ratio Rank
CXF.TO Omega Ratio Rank: 3030
Omega Ratio Rank
CXF.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
CXF.TO Martin Ratio Rank: 4242
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. CXF.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 Convertible Bond ETF (CXF.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.TOCXF.TODifference
Sharpe ratioReturn per unit of total volatility
2.21
0.88

+1.33

Sortino ratioReturn per unit of downside risk
3.03
1.35

+1.68

Omega ratioGain probability vs. loss probability

1.40

1.16

+0.24

Calmar ratioReturn relative to maximum drawdown

3.97

2.42

+1.55

Martin ratioReturn relative to average drawdown

11.74

5.06

+6.68

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

The current CINF.TO Sharpe Ratio is 2.21, which is higher than the CXF.TO Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of CINF.TO and CXF.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.

Loading charts...

Drawdowns

CINF.TO vs. CXF.TO - Drawdown Comparison

The maximum CINF.TO drawdown since its inception was -12.27%, smaller than the maximum CXF.TO drawdown of -31.03%. Use the drawdown chart below to compare losses from any high point for CINF.TO and CXF.TO.

Loading charts...

Drawdown Indicators

CINF.TOCXF.TODifference

Max Drawdown

Largest peak-to-trough decline

-12.27%

-31.03%

+18.76%

Max Drawdown (1Y)

Largest decline over 1 year

-5.31%

-3.79%

-1.52%

Max Drawdown (3Y)

Largest decline over 3 years

-9.62%

-12.81%

+3.19%

Max Drawdown (5Y)

Largest decline over 5 years

-12.27%

-12.87%

+0.60%

Max Drawdown (10Y)

Largest decline over 10 years

—

-31.03%

—

Current Drawdown

Current decline from peak

-0.93%

-0.19%

-0.74%

Average Drawdown

Average peak-to-trough decline

-2.05%

-2.95%

+0.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.79%

1.81%

-0.02%

Volatility

CINF.TO vs. CXF.TO - Volatility Comparison

The current volatility for CI Global Infrastructure Private Pool (CINF.TO) is 1.85%, while CI Canadian Convertible Bond ETF (CXF.TO) has a volatility of 3.49%. This indicates that CINF.TO experiences smaller price fluctuations and is considered to be less risky than CXF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CINF.TOCXF.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.85%

3.49%

-1.64%

Volatility (6M)

Calculated over the trailing 6-month period

7.73%

7.74%

-0.01%

Volatility (1Y)

Calculated over the trailing 1-year period

9.56%

10.38%

-0.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.96%

11.96%

0.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.07%

14.29%

-2.22%

Dividends

CINF.TO vs. CXF.TO - Dividend Comparison

CINF.TO's dividend yield for the trailing twelve months is around 2.42%, less than CXF.TO's 4.49% yield.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%0.00%
CXF.TO
CI Canadian Convertible Bond ETF		4.49%4.48%4.75%5.31%5.11%4.70%4.79%4.86%5.32%4.82%4.79%5.17%

Frequently Asked Questions

CINF.TO and CXF.TO have a correlation of -0.05, 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 CXF.TO is Convertible Bonds.

Portfolio Optimizer

Find the right allocation for CINF.TO and CXF.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