CINF.TO vs. UMAX.TO
CINF.TO (CI Global Infrastructure Private Pool) and UMAX.TO (Hamilton Utilities YIELD MAXIMIZER ETF) are both exchange-traded funds - CINF.TO is a Utilities Equities fund actively managed by CI, while UMAX.TO is a Derivative Income fund actively managed by Hamilton Capital. Both are actively managed. Over the past 3 years, CINF.TO returned 17.25%/yr vs 7.90%/yr for UMAX.TO. At a 0.46 correlation, their price movements are largely independent.
Performance
CINF.TO vs. UMAX.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CINF.TO achieves a 17.12% return, which is significantly higher than UMAX.TO's 8.12% return.
CINF.TO
- 1D
- -0.41%
- 1M
- 1.90%
- YTD
- 17.12%
- 6M
- 17.36%
- 1Y
- 20.69%
- 3Y*
- 17.25%
- 5Y*
- 12.72%
- 10Y*
- —
UMAX.TO
- 1D
- -1.34%
- 1M
- 0.13%
- YTD
- 8.12%
- 6M
- 8.10%
- 1Y
- 13.59%
- 3Y*
- 7.90%
- 5Y*
- —
- 10Y*
- —
CINF.TO vs. UMAX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CINF.TO CI Global Infrastructure Private Pool | 17.12% | 12.54% | 16.53% | 4.59% |
UMAX.TO Hamilton Utilities YIELD MAXIMIZER ETF | 8.12% | 9.90% | 5.99% | 0.18% |
Correlation
The correlation between CINF.TO and UMAX.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2023 | 0.46 |
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
CINF.TO vs. UMAX.TO — Risk / Return Rank
CINF.TO
UMAX.TO
CINF.TO vs. UMAX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Global Infrastructure Private Pool (CINF.TO) and Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.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 | UMAX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | 2.67 | +1.24 |
| Martin ratioReturn relative to average drawdown | 11.58 | 9.23 | +2.34 |
Loading charts...
Drawdowns
CINF.TO vs. UMAX.TO - Drawdown Comparison
The maximum CINF.TO drawdown since its inception was -12.27%, which is greater than UMAX.TO's maximum drawdown of -10.09%. Use the drawdown chart below to compare losses from any high point for CINF.TO and UMAX.TO.
Loading charts...
Drawdown Indicators
| CINF.TO | UMAX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.27% | -10.09% | -2.18% |
Max Drawdown (1Y)Largest decline over 1 year | -5.31% | -5.11% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -9.62% | -10.09% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -12.27% | — | — |
Current DrawdownCurrent decline from peak | -1.01% | -2.20% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -2.03% | -0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 1.48% | +0.31% |
Volatility
CINF.TO vs. UMAX.TO - Volatility Comparison
The current volatility for CI Global Infrastructure Private Pool (CINF.TO) is 2.59%, while Hamilton Utilities YIELD MAXIMIZER ETF (UMAX.TO) has a volatility of 2.85%. This indicates that CINF.TO experiences smaller price fluctuations and is considered to be less risky than UMAX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CINF.TO | UMAX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 2.85% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 7.84% | 5.92% | +1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.58% | 7.01% | +2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.97% | 8.74% | +3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.11% | 8.74% | +3.37% |
Dividends
CINF.TO vs. UMAX.TO - Dividend Comparison
CINF.TO's dividend yield for the trailing twelve months is around 2.42%, less than UMAX.TO's 14.14% yield.
| 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% |
UMAX.TO Hamilton Utilities YIELD MAXIMIZER ETF | 14.14% | 14.85% | 14.78% | 6.96% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CINF.TO and UMAX.TO have a correlation of 0.38, 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 UMAX.TO is Derivative Income. They also come from different issuers: CI and Hamilton Capital.
Find the right allocation for CINF.TO and UMAX.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