CMAR.TO vs. CINF.TO

Last updated Jul 18, 2026

CMAR.TO (CI Marret Alternative Absolute Return Bond Fund) and CINF.TO (CI Global Infrastructure Private Pool) are both exchange-traded funds - CMAR.TO is a Nontraditional Bonds fund actively managed by CI, while CINF.TO is a Utilities Equities fund actively managed by CI. Both are actively managed. Over the past 5 years, CMAR.TO returned 1.30%/yr vs 12.27%/yr for CINF.TO. At a 0.15 correlation, their price movements are largely independent.

Performance

CMAR.TO vs. CINF.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 Global Infrastructure Private Pool (CINF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CMAR.TO achieves a 1.62% return, which is significantly lower than CINF.TO's 17.22% return.

CMAR.TO

• 1D: -0.06%
• 1M: -0.40%
• 6M: 0.95%
• YTD: 1.62%
• 1Y: 4.23%
• 3Y*: 4.56%
• 5Y*: 1.30%
• 10Y*: —

CINF.TO

• 1D: 0.15%
• 1M: 0.58%
• 6M: 13.06%
• YTD: 17.22%
• 1Y: 21.00%
• 3Y*: 16.67%
• 5Y*: 12.27%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CMAR.TO CI Marret Alternative Absolute Return Bond Fund	1.62%	4.98%	3.37%	5.33%	-8.32%	0.98%	2.33%
CINF.TO CI Global Infrastructure Private Pool	17.22%	12.54%	16.53%	5.27%	5.03%	13.56%	7.55%

Correlation

The correlation between CMAR.TO and CINF.TO is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since May 27, 2020	0.15

The correlation between CMAR.TO and CINF.TO shifts across timeframes, from 0.06 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CMAR.TO vs. CINF.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: 54
CMAR.TO Sharpe Ratio Rank: 45
CMAR.TO Sortino Ratio Rank: 46
CMAR.TO Omega Ratio Rank: 53
CMAR.TO Calmar Ratio Rank: 59
CMAR.TO Martin Ratio Rank: 66

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

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. CINF.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 Global Infrastructure Private Pool (CINF.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	CINF.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.21	2.21	-1.00
Sortino ratio: Return per unit of downside risk	1.78	3.03	-1.25
Omega ratio: Gain probability vs. loss probability	1.26	1.40	-0.15
Calmar ratio: Return relative to maximum drawdown	2.21	3.97	-1.76
Martin ratio: Return relative to average drawdown	8.68	11.74	-3.06

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

The current CMAR.TO Sharpe Ratio is 1.21, which is lower than the CINF.TO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of CMAR.TO and CINF.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

CMAR.TO vs. CINF.TO - Drawdown Comparison

The maximum CMAR.TO drawdown since its inception was -12.07%, roughly equal to the maximum CINF.TO drawdown of -12.27%. Use the drawdown chart below to compare losses from any high point for CMAR.TO and CINF.TO.

Drawdown Indicators

	CMAR.TO	CINF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-12.07%	-12.27%	+0.20%
Max Drawdown (1Y) Largest decline over 1 year	-1.92%	-5.31%	+3.39%
Max Drawdown (3Y) Largest decline over 3 years	-5.60%	-9.62%	+4.02%
Max Drawdown (5Y) Largest decline over 5 years	-12.07%	-12.27%	+0.20%
Current Drawdown Current decline from peak	-0.55%	-0.93%	+0.38%
Average Drawdown Average peak-to-trough decline	-2.83%	-2.05%	-0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.49%	1.79%	-1.30%

Volatility

CMAR.TO vs. CINF.TO - Volatility Comparison

The current volatility for CI Marret Alternative Absolute Return Bond Fund (CMAR.TO) is 0.91%, while CI Global Infrastructure Private Pool (CINF.TO) has a volatility of 1.85%. This indicates that CMAR.TO experiences smaller price fluctuations and is considered to be less risky than CINF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMAR.TO	CINF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.91%	1.85%	-0.94%
Volatility (6M) Calculated over the trailing 6-month period	2.07%	7.73%	-5.66%
Volatility (1Y) Calculated over the trailing 1-year period	3.51%	9.56%	-6.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.81%	11.96%	-6.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.36%	12.07%	-6.71%

Dividends

CMAR.TO vs. CINF.TO - Dividend Comparison

CMAR.TO's dividend yield for the trailing twelve months is around 4.45%, more than CINF.TO's 2.42% 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%
CMAR.TO CI Marret Alternative Absolute Return Bond Fund	4.45%	4.42%	4.44%	4.39%	3.49%	2.93%	2.39%

Frequently Asked Questions

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

CMAR.TO and CINF.TO have a correlation of 0.06, 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 CINF.TO?

CMAR.TO is categorized as Nontraditional Bonds, while CINF.TO is Utilities Equities.