CLML.TO vs. ETHX.TO
CLML.TO (CI Global Climate Leaders Fund) and ETHX.TO (CI Galaxy Ethereum ETF CAD Hedged Series) are both exchange-traded funds - CLML.TO is a Alternative Energy Equities fund actively managed by CI Global Asset Management, while ETHX.TO is a Cryptocurrency fund actively managed by CI Global Asset Management. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. CLML.TO charges 0.99%/yr vs 0.68%/yr for ETHX.TO.
Performance
CLML.TO vs. ETHX.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CLML.TO achieves a 25.72% return, which is significantly higher than ETHX.TO's -38.42% return.
CLML.TO
- 1D
- -0.97%
- 1M
- -7.84%
- 6M
- 20.44%
- YTD
- 25.72%
- 1Y
- 33.44%
- 3Y*
- 37.82%
- 5Y*
- 20.73%
- 10Y*
- —
- ALL TIME*
- 20.69%
ETHX.TO
- 1D
- -0.53%
- 1M
- 17.19%
- 6M
- -37.40%
- YTD
- -38.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$494.12K | CA$394.47K | CA$468.54K | |
| CA$27.01K | CA$25.02K | CA$46.62K |
CLML.TO vs. ETHX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CLML.TO CI Global Climate Leaders Fund | 25.72% | 6.22% |
ETHX.TO CI Galaxy Ethereum ETF CAD Hedged Series | -38.42% | -36.36% |
Correlation
The correlation between CLML.TO and ETHX.TO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 27, 2025 | 0.37 |
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Return for Risk
CLML.TO vs. ETHX.TO — Risk / Return Rank
CLML.TO
ETHX.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CLML.TO vs. ETHX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Global Climate Leaders Fund (CLML.TO) and CI Galaxy Ethereum ETF CAD Hedged Series (ETHX.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.
| CLML.TO | ETHX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | — | — |
| Martin ratioReturn relative to average drawdown | 9.65 | — | — |
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Drawdowns
CLML.TO vs. ETHX.TO - Drawdown Comparison
The maximum CLML.TO drawdown since its inception was -28.17%, smaller than the maximum ETHX.TO drawdown of -67.53%. Use the drawdown chart below to compare losses from any high point for CLML.TO and ETHX.TO.
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Drawdown Indicators
| CLML.TO | ETHX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.17% | -67.53% | +39.36% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -25.94% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.17% | — | — |
Current DrawdownCurrent decline from peak | -10.72% | -61.34% | +50.62% |
Average DrawdownAverage peak-to-trough decline | -8.85% | -41.77% | +32.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | — | — |
Volatility
CLML.TO vs. ETHX.TO - Volatility Comparison
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Volatility by Period
| CLML.TO | ETHX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.33% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.08% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.21% | 68.28% | -45.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.14% | 68.28% | -47.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.08% | 68.28% | -47.20% |
CLML.TO vs. ETHX.TO - Expense Ratio Comparison
CLML.TO has a 0.99% expense ratio, which is higher than ETHX.TO's 0.68% expense ratio.
Dividends
CLML.TO vs. ETHX.TO - Dividend Comparison
Neither CLML.TO nor ETHX.TO has paid dividends to shareholders.
Frequently Asked Questions
CLML.TO and ETHX.TO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETHX.TO is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETHX.TO is cheaper with a 0.68% expense ratio, compared with 0.99% for CLML.TO.
CLML.TO is categorized as Alternative Energy Equities, while ETHX.TO is Cryptocurrency. Their fees differ too: 0.99% for CLML.TO and 0.68% for ETHX.TO.
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