CMGG.TO vs. BMNR

Last updated Jun 4, 2026

CMGG.TO (CI Munro Global Growth Equity Fund) is Global Equities fund actively managed by CI Global Asset Management, while BMNR (BitMine Immersion Technologies, Inc.) is a stock. At a 0.35 correlation, their price movements are largely independent.

Performance

CMGG.TO vs. BMNR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Munro Global Growth Equity Fund (CMGG.TO) and BitMine Immersion Technologies, Inc. (BMNR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CMGG.TO is traded in CAD, while BMNR is traded in USD. To make them comparable, the BMNR 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 21.24% return, which is significantly higher than BMNR's -36.96% return.

CMGG.TO

• 1D: 0.12%
• 1M: 10.96%
• YTD: 21.24%
• 6M: 21.36%
• 1Y: 38.88%
• 3Y*: 35.34%
• 5Y*: 20.56%
• 10Y*: —

BMNR

• 1D: -5.57%
• 1M: -24.36%
• YTD: -36.96%
• 6M: -49.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CMGG.TO vs. BMNR - Yearly Performance Comparison

	2026 (YTD)	2025
CMGG.TO CI Munro Global Growth Equity Fund	21.24%	14.16%
BMNR BitMine Immersion Technologies, Inc.	-36.96%	251.66%

Correlation

The correlation between CMGG.TO and BMNR is 0.35, 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 Jun 6, 2025	0.35

Return for Risk

CMGG.TO vs. BMNR — Risk / Return Rank

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

CMGG.TO

CMGG.TO Risk / Return Rank: 69
CMGG.TO Sharpe Ratio Rank: 72
CMGG.TO Sortino Ratio Rank: 68
CMGG.TO Omega Ratio Rank: 67
CMGG.TO Calmar Ratio Rank: 76
CMGG.TO Martin Ratio Rank: 60

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.

CMGG.TO vs. BMNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Munro Global Growth Equity Fund (CMGG.TO) and BitMine Immersion Technologies, Inc. (BMNR). 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	BMNR	Difference
Sharpe ratio: Return per unit of total volatility	2.36	—	—
Sortino ratio: Return per unit of downside risk	3.14	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.85	—	—
Martin ratio: Return relative to average drawdown	10.77	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CMGG.TO	BMNR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.17	+0.81

Drawdowns

CMGG.TO vs. BMNR - Drawdown Comparison

The maximum CMGG.TO drawdown since its inception was -29.00%, smaller than the maximum BMNR drawdown of -87.19%. Use the drawdown chart below to compare losses from any high point for CMGG.TO and BMNR.

Drawdown Indicators

	CMGG.TO	BMNR	Difference
Max Drawdown Largest peak-to-trough decline	-29.00%	-87.19%	+58.19%
Max Drawdown (1Y) Largest decline over 1 year	-10.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.00%	—	—
Current Drawdown Current decline from peak	0.00%	-87.19%	+87.19%
Average Drawdown Average peak-to-trough decline	-8.91%	-70.23%	+61.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	—	—

Volatility

Volatility by Period

	CMGG.TO	BMNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	717.43%	-700.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.22%	717.43%	-699.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.49%	717.43%	-698.94%

Dividends

CMGG.TO vs. BMNR - Dividend Comparison

CMGG.TO has not paid dividends to shareholders, while BMNR's dividend yield for the trailing twelve months is around 0.06%.

Position	TTM	2025
BMNR BitMine Immersion Technologies, Inc.	0.06%	0.04%
CMGG.TO CI Munro Global Growth Equity Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both CMGG.TO and BMNR in my portfolio?

CMGG.TO and BMNR have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.