CMEY.TO vs. ONEQ.TO
CMEY.TO (CI Marret Alternative Enhanced Yield Fund) and ONEQ.TO (CI Global Core Plus Equity ETF) are both exchange-traded funds - CMEY.TO is a Nontraditional Bonds fund actively managed by CI, while ONEQ.TO is a Global Equities fund actively managed by CI. Both are actively managed. Over the past 5 years, CMEY.TO returned 2.89%/yr vs 13.10%/yr for ONEQ.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
CMEY.TO vs. ONEQ.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CMEY.TO achieves a 2.00% return, which is significantly lower than ONEQ.TO's 13.96% return.
CMEY.TO
- 1D
- -0.25%
- 1M
- -0.29%
- 6M
- 1.38%
- YTD
- 2.00%
- 1Y
- 4.30%
- 3Y*
- 5.00%
- 5Y*
- 2.89%
- 10Y*
- —
ONEQ.TO
- 1D
- -1.11%
- 1M
- 0.37%
- 6M
- 9.99%
- YTD
- 13.96%
- 1Y
- 25.20%
- 3Y*
- 20.30%
- 5Y*
- 13.10%
- 10Y*
- 11.86%
CMEY.TO vs. ONEQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CMEY.TO CI Marret Alternative Enhanced Yield Fund | 2.00% | 4.69% | 5.49% | 5.05% | -2.64% | 1.41% | 5.50% |
ONEQ.TO CI Global Core Plus Equity ETF | 13.96% | 17.62% | 22.45% | 19.07% | -10.74% | 21.65% | 30.13% |
Correlation
The correlation between CMEY.TO and ONEQ.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 19, 2020 | 0.10 |
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Return for Risk
CMEY.TO vs. ONEQ.TO — Risk / Return Rank
CMEY.TO
ONEQ.TO
CMEY.TO vs. ONEQ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Marret Alternative Enhanced Yield Fund (CMEY.TO) and CI Global Core Plus Equity ETF (ONEQ.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.
| CMEY.TO | ONEQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.42 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 3.80 | -0.73 |
| Martin ratioReturn relative to average drawdown | 10.12 | 16.75 | -6.63 |
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Drawdowns
CMEY.TO vs. ONEQ.TO - Drawdown Comparison
The maximum CMEY.TO drawdown since its inception was -5.57%, smaller than the maximum ONEQ.TO drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for CMEY.TO and ONEQ.TO.
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Drawdown Indicators
| CMEY.TO | ONEQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.57% | -34.40% | +28.83% |
Max Drawdown (1Y)Largest decline over 1 year | -1.41% | -6.66% | +5.25% |
Max Drawdown (3Y)Largest decline over 3 years | -2.96% | -16.08% | +13.12% |
Max Drawdown (5Y)Largest decline over 5 years | -5.57% | -17.61% | +12.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.40% | — |
Current DrawdownCurrent decline from peak | -0.61% | -1.20% | +0.59% |
Average DrawdownAverage peak-to-trough decline | -0.90% | -3.69% | +2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.43% | 1.51% | -1.08% |
Volatility
CMEY.TO vs. ONEQ.TO - Volatility Comparison
The current volatility for CI Marret Alternative Enhanced Yield Fund (CMEY.TO) is 1.06%, while CI Global Core Plus Equity ETF (ONEQ.TO) has a volatility of 2.83%. This indicates that CMEY.TO experiences smaller price fluctuations and is considered to be less risky than ONEQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMEY.TO | ONEQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 2.83% | -1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 2.47% | 9.93% | -7.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.09% | 12.03% | -8.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.85% | 13.29% | -9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.61% | 13.91% | -10.30% |
Dividends
CMEY.TO vs. ONEQ.TO - Dividend Comparison
CMEY.TO's dividend yield for the trailing twelve months is around 4.39%, more than ONEQ.TO's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CMEY.TO CI Marret Alternative Enhanced Yield Fund | 4.39% | 4.38% | 4.39% | 4.43% | 3.37% | 2.72% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% |
ONEQ.TO CI Global Core Plus Equity ETF | 1.60% | 1.60% | 1.05% | 1.53% | 1.38% | 0.89% | 1.22% | 1.39% | 0.94% | 1.03% | 1.22% |
Frequently Asked Questions
CMEY.TO and ONEQ.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMEY.TO is categorized as Nontraditional Bonds, while ONEQ.TO is Global Equities.
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