CMGG.TO vs. ARKK
Compare and contrast key facts about CI Munro Global Growth Equity Fund (CMGG.TO) and ARK Innovation ETF (ARKK).
CMGG.TO and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CMGG.TO is an actively managed fund by CI Global Asset Management. It was launched on Jan 12, 2021. ARKK is an actively managed fund by ARK. It was launched on Oct 31, 2014.
Performance
CMGG.TO vs. ARKK - Performance Comparison
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CMGG.TO vs. ARKK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CMGG.TO CI Munro Global Growth Equity Fund | -1.82% | 21.00% | 52.95% | 24.21% | -21.16% | 11.08% |
ARKK ARK Innovation ETF | -10.94% | 29.28% | 17.71% | 65.31% | -64.62% | -32.91% |
Different Trading Currencies
CMGG.TO is traded in CAD, while ARKK is traded in USD. To make them comparable, the ARKK values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CMGG.TO achieves a -1.82% return, which is significantly higher than ARKK's -10.94% return.
CMGG.TO
- 1D
- 3.55%
- 1M
- -3.38%
- YTD
- -1.82%
- 6M
- -2.30%
- 1Y
- 27.32%
- 3Y*
- 28.28%
- 5Y*
- 14.77%
- 10Y*
- —
ARKK
- 1D
- 6.29%
- 1M
- -5.47%
- YTD
- -10.94%
- 6M
- -21.75%
- 1Y
- 37.32%
- 3Y*
- 20.24%
- 5Y*
- -8.87%
- 10Y*
- 15.10%
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CMGG.TO vs. ARKK - Expense Ratio Comparison
CMGG.TO has a 0.90% expense ratio, which is higher than ARKK's 0.75% expense ratio.
Return for Risk
CMGG.TO vs. ARKK — Risk / Return Rank
CMGG.TO
ARKK
CMGG.TO vs. ARKK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Munro Global Growth Equity Fund (CMGG.TO) and ARK Innovation ETF (ARKK). 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.
| CMGG.TO | ARKK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 0.89 | +0.51 |
Sortino ratioReturn per unit of downside risk | 1.96 | 1.49 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.18 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.66 | 1.11 | +1.55 |
Martin ratioReturn relative to average drawdown | 7.08 | 2.75 | +4.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CMGG.TO | ARKK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 0.89 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | -0.20 | +1.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.38 | +0.38 |
Correlation
The correlation between CMGG.TO and ARKK is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CMGG.TO vs. ARKK - Dividend Comparison
Neither CMGG.TO nor ARKK has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMGG.TO CI Munro Global Growth Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.70% | 0.00% | 0.55% | 1.64% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
CMGG.TO vs. ARKK - Drawdown Comparison
The maximum CMGG.TO drawdown since its inception was -29.00%, smaller than the maximum ARKK drawdown of -79.62%. Use the drawdown chart below to compare losses from any high point for CMGG.TO and ARKK.
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Drawdown Indicators
| CMGG.TO | ARKK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.00% | -80.97% | +51.97% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -31.35% | +21.20% |
Max Drawdown (5Y)Largest decline over 5 years | -29.00% | -77.23% | +48.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.97% | — |
Current DrawdownCurrent decline from peak | -6.96% | -56.23% | +49.27% |
Average DrawdownAverage peak-to-trough decline | -9.17% | -29.80% | +20.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 12.05% | -8.24% |
Volatility
CMGG.TO vs. ARKK - Volatility Comparison
The current volatility for CI Munro Global Growth Equity Fund (CMGG.TO) is 7.09%, while ARK Innovation ETF (ARKK) has a volatility of 12.45%. This indicates that CMGG.TO experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMGG.TO | ARKK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 12.45% | -5.36% |
Volatility (6M)Calculated over the trailing 6-month period | 12.12% | 27.17% | -15.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.52% | 41.96% | -22.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.14% | 44.62% | -26.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.40% | 38.49% | -20.09% |