CINF.TO vs. UMI.TO

Last updated Jul 18, 2026

CINF.TO (CI Global Infrastructure Private Pool) and UMI.TO (CI U.S. MidCap Dividend Index ETF) are both exchange-traded funds - CINF.TO is a Utilities Equities fund actively managed by CI, while UMI.TO is a Mid Cap Value Equities fund managed by CI. Over the past 5 years, CINF.TO returned 12.27%/yr vs 7.74%/yr for UMI.TO. At a 0.30 correlation, their price movements are largely independent.

Performance

CINF.TO vs. UMI.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 U.S. MidCap Dividend Index ETF (UMI.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CINF.TO achieves a 17.22% return, which is significantly higher than UMI.TO's 10.11% 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*: —

UMI.TO

• 1D: 0.99%
• 1M: 1.86%
• 6M: 5.72%
• YTD: 10.11%
• 1Y: 13.57%
• 3Y*: 10.36%
• 5Y*: 7.74%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CINF.TO vs. UMI.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%
UMI.TO CI U.S. MidCap Dividend Index ETF	10.11%	2.81%	11.84%	13.17%	-6.84%	27.52%	26.03%

Correlation

The correlation between CINF.TO and UMI.TO is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since May 27, 2020	0.30

Over the past year, the correlation between CINF.TO and UMI.TO has dropped to 0.08 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

CINF.TO vs. UMI.TO - Sectors Allocation Comparison

Sectors	CINF.TO	UMI.TO
Utilities	40.5%	7.3%
Industrials	31.2%	18.0%
Energy	16.7%	7.5%
Real Estate	9.8%	10.2%
Communication Services	1.8%	3.9%
Basic Materials	-	7.0%
Consumer Cyclical	-	11.4%
Consumer Defensive	-	4.4%
Financial Services	-	22.7%
Healthcare	-	2.6%
Technology	-	5.0%

Return for Risk

CINF.TO vs. UMI.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: 86
CINF.TO Sharpe Ratio Rank: 88
CINF.TO Sortino Ratio Rank: 86
CINF.TO Omega Ratio Rank: 87
CINF.TO Calmar Ratio Rank: 89
CINF.TO Martin Ratio Rank: 82

UMI.TO

UMI.TO Risk / Return Rank: 36
UMI.TO Sharpe Ratio Rank: 34
UMI.TO Sortino Ratio Rank: 37
UMI.TO Omega Ratio Rank: 35
UMI.TO Calmar Ratio Rank: 37
UMI.TO Martin Ratio Rank: 38

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. UMI.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 U.S. MidCap Dividend Index ETF (UMI.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	UMI.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.21	0.97	+1.24
Sortino ratio: Return per unit of downside risk	3.03	1.53	+1.50
Omega ratio: Gain probability vs. loss probability	1.40	1.18	+0.22
Calmar ratio: Return relative to maximum drawdown	3.97	1.45	+2.52
Martin ratio: Return relative to average drawdown	11.74	4.48	+7.25

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

The current CINF.TO Sharpe Ratio is 2.21, which is higher than the UMI.TO Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of CINF.TO and UMI.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.

Drawdowns

CINF.TO vs. UMI.TO - Drawdown Comparison

The maximum CINF.TO drawdown since its inception was -12.27%, smaller than the maximum UMI.TO drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for CINF.TO and UMI.TO.

Drawdown Indicators

	CINF.TO	UMI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-12.27%	-48.08%	+35.81%
Max Drawdown (1Y) Largest decline over 1 year	-5.31%	-9.39%	+4.08%
Max Drawdown (3Y) Largest decline over 3 years	-9.62%	-22.03%	+12.41%
Max Drawdown (5Y) Largest decline over 5 years	-12.27%	-22.03%	+9.76%
Current Drawdown Current decline from peak	-0.93%	0.00%	-0.93%
Average Drawdown Average peak-to-trough decline	-2.05%	-6.77%	+4.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	3.03%	-1.24%

Volatility

CINF.TO vs. UMI.TO - Volatility Comparison

The current volatility for CI Global Infrastructure Private Pool (CINF.TO) is 1.85%, while CI U.S. MidCap Dividend Index ETF (UMI.TO) has a volatility of 2.97%. This indicates that CINF.TO experiences smaller price fluctuations and is considered to be less risky than UMI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CINF.TO	UMI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.85%	2.97%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	7.73%	9.15%	-1.42%
Volatility (1Y) Calculated over the trailing 1-year period	9.56%	14.11%	-4.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.96%	17.13%	-5.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.07%	20.98%	-8.91%

Dividends

CINF.TO vs. UMI.TO - Dividend Comparison

CINF.TO's dividend yield for the trailing twelve months is around 2.42%, more than UMI.TO's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
UMI.TO CI U.S. MidCap Dividend Index ETF	2.33%	2.60%	2.09%	2.42%	3.01%	1.79%	2.18%	2.47%	2.31%

Frequently Asked Questions

Can I hold both CINF.TO and UMI.TO in my portfolio?

CINF.TO and UMI.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between CINF.TO and UMI.TO?

CINF.TO is categorized as Utilities Equities, while UMI.TO is Mid Cap Value Equities.