CMAR.TO vs. CEQP.TO

Last updated Jul 1, 2026

CMAR.TO (CI Marret Alternative Absolute Return Bond Fund) and CEQP.TO (CI Equity+ Asset Allocation ETF) are both exchange-traded funds - CMAR.TO is a Nontraditional Bonds fund actively managed by CI, while CEQP.TO is a Diversified Portfolio fund actively managed by CI. Both are actively managed. At a 0.25 correlation, their price movements are largely independent.

Performance

CMAR.TO vs. CEQP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Marret Alternative Absolute Return Bond Fund (CMAR.TO) and CI Equity+ Asset Allocation ETF (CEQP.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CMAR.TO

• 1D: 0.17%
• 1M: 0.48%
• YTD: 2.18%
• 6M: 2.12%
• 1Y: 3.77%
• 3Y*: 4.80%
• 5Y*: 1.48%
• 10Y*: —

CEQP.TO

• 1D: 0.52%
• 1M: 0.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CMAR.TO vs. CEQP.TO - Yearly Performance Comparison

	2026 (YTD)
CMAR.TO CI Marret Alternative Absolute Return Bond Fund	1.42%
CEQP.TO CI Equity+ Asset Allocation ETF	6.65%

Correlation

The correlation between CMAR.TO and CEQP.TO is 0.25, 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 Jan 28, 2026	0.25

Return for Risk

CMAR.TO vs. CEQP.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CMAR.TO

CMAR.TO Risk / Return Rank: 41
CMAR.TO Sharpe Ratio Rank: 34
CMAR.TO Sortino Ratio Rank: 33
CMAR.TO Omega Ratio Rank: 39
CMAR.TO Calmar Ratio Rank: 45
CMAR.TO Martin Ratio Rank: 53

CEQP.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CMAR.TO vs. CEQP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Marret Alternative Absolute Return Bond Fund (CMAR.TO) and CI Equity+ Asset Allocation ETF (CEQP.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.

	CMAR.TO	CEQP.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.08	—	—
Sortino ratio: Return per unit of downside risk	1.60	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.97	—	—
Martin ratio: Return relative to average drawdown	7.86	—	—

Drawdowns

CMAR.TO vs. CEQP.TO - Drawdown Comparison

The maximum CMAR.TO drawdown since its inception was -12.07%, which is greater than CEQP.TO's maximum drawdown of -8.33%. Use the drawdown chart below to compare losses from any high point for CMAR.TO and CEQP.TO.

Drawdown Indicators

	CMAR.TO	CEQP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-12.07%	-8.33%	-3.74%
Max Drawdown (1Y) Largest decline over 1 year	-1.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.07%	—	—
Current Drawdown Current decline from peak	-0.00%	-1.17%	+1.17%
Average Drawdown Average peak-to-trough decline	-2.85%	-1.79%	-1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.50%	—	—

Volatility

Volatility by Period

	CMAR.TO	CEQP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.55%	16.82%	-13.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.81%	16.82%	-11.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.37%	16.82%	-11.45%

Dividends

CMAR.TO vs. CEQP.TO - Dividend Comparison

CMAR.TO's dividend yield for the trailing twelve months is around 4.42%, more than CEQP.TO's 0.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
CEQP.TO CI Equity+ Asset Allocation ETF	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CMAR.TO CI Marret Alternative Absolute Return Bond Fund	4.42%	4.42%	4.44%	4.39%	3.49%	2.93%	2.39%

Frequently Asked Questions

Can I hold both CMAR.TO and CEQP.TO in my portfolio?

CMAR.TO and CEQP.TO have a correlation of 0.25, 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 CMAR.TO and CEQP.TO?

CMAR.TO is categorized as Nontraditional Bonds, while CEQP.TO is Diversified Portfolio.