CMGG.TO vs. GEQT.TO
CMGG.TO (CI Munro Global Growth Equity Fund) and GEQT.TO (iShares ESG Equity ETF Portfolio) are both Global Equities funds. Both are actively managed. Over the past 5 years, CMGG.TO returned 19.73%/yr vs 14.52%/yr for GEQT.TO. At a 0.49 correlation, their price movements are largely independent. CMGG.TO charges 0.90%/yr vs 0.25%/yr for GEQT.TO.
Performance
CMGG.TO vs. GEQT.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CMGG.TO achieves a 24.63% return, which is significantly higher than GEQT.TO's 18.33% return.
CMGG.TO
- 1D
- 1.50%
- 1M
- 5.72%
- YTD
- 24.63%
- 6M
- 24.63%
- 1Y
- 34.87%
- 3Y*
- 35.88%
- 5Y*
- 19.73%
- 10Y*
- —
GEQT.TO
- 1D
- 1.15%
- 1M
- 4.70%
- YTD
- 18.33%
- 6M
- 17.61%
- 1Y
- 29.22%
- 3Y*
- 23.67%
- 5Y*
- 14.52%
- 10Y*
- —
CMGG.TO vs. GEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CMGG.TO CI Munro Global Growth Equity Fund | 24.63% | 21.00% | 52.95% | 24.21% | -21.16% | 10.52% |
GEQT.TO iShares ESG Equity ETF Portfolio | 18.33% | 17.86% | 25.42% | 22.35% | -15.19% | 19.02% |
Correlation
The correlation between CMGG.TO and GEQT.TO is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2021 | 0.49 |
Over the past year, CMGG.TO and GEQT.TO have become more correlated (0.81) than their long-term average of 0.49, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CMGG.TO vs. GEQT.TO — Risk / Return Rank
CMGG.TO
GEQT.TO
CMGG.TO vs. GEQT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Munro Global Growth Equity Fund (CMGG.TO) and iShares ESG Equity ETF Portfolio (GEQT.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.
| CMGG.TO | GEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.36 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 3.16 | +0.29 |
| Martin ratioReturn relative to average drawdown | 9.44 | 12.85 | -3.41 |
Loading charts...
Drawdowns
CMGG.TO vs. GEQT.TO - Drawdown Comparison
The maximum CMGG.TO drawdown since its inception was -29.00%, which is greater than GEQT.TO's maximum drawdown of -23.66%. Use the drawdown chart below to compare losses from any high point for CMGG.TO and GEQT.TO.
Loading charts...
Drawdown Indicators
| CMGG.TO | GEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.00% | -23.66% | -5.34% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -9.29% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -22.85% | -18.02% | -4.83% |
Max Drawdown (5Y)Largest decline over 5 years | -29.00% | -23.66% | -5.34% |
Current DrawdownCurrent decline from peak | -0.44% | 0.00% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -8.81% | -5.06% | -3.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.71% | 2.28% | +1.43% |
Volatility
CMGG.TO vs. GEQT.TO - Volatility Comparison
CI Munro Global Growth Equity Fund (CMGG.TO) has a higher volatility of 9.41% compared to iShares ESG Equity ETF Portfolio (GEQT.TO) at 5.93%. This indicates that CMGG.TO's price experiences larger fluctuations and is considered to be riskier than GEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CMGG.TO | GEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.41% | 5.93% | +3.48% |
Volatility (6M)Calculated over the trailing 6-month period | 15.43% | 12.28% | +3.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.52% | 14.61% | +3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.63% | 17.66% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.76% | 17.35% | +1.41% |
CMGG.TO vs. GEQT.TO - Expense Ratio Comparison
CMGG.TO has a 0.90% expense ratio, which is higher than GEQT.TO's 0.25% expense ratio.
Dividends
CMGG.TO vs. GEQT.TO - Dividend Comparison
CMGG.TO has not paid dividends to shareholders, while GEQT.TO's dividend yield for the trailing twelve months is around 1.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CMGG.TO CI Munro Global Growth Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GEQT.TO iShares ESG Equity ETF Portfolio | 1.12% | 1.26% | 1.38% | 1.58% | 1.82% | 1.32% | 0.87% |
Frequently Asked Questions
CMGG.TO and GEQT.TO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GEQT.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GEQT.TO is cheaper with a 0.25% expense ratio, compared with 0.90% for CMGG.TO.
They also come from different issuers: CI Global Asset Management and iShares. Their fees differ too: 0.90% for CMGG.TO and 0.25% for GEQT.TO.
Find the right allocation for CMGG.TO and GEQT.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer