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CMGG.TO vs. TEQT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CMGG.TO vs. TEQT.TO

Last updated Jun 4, 2026

CMGG.TO (CI Munro Global Growth Equity Fund) and TEQT.TO (TD All-Equity ETF Portfolio) are both Global Equities funds. CMGG.TO is actively managed, while TEQT.TO is passively managed. Over the past year, CMGG.TO returned 38.88% vs 29.82% for TEQT.TO. A 0.80 correlation means they provide meaningful diversification when combined. CMGG.TO charges 0.90%/yr vs 0.17%/yr for TEQT.TO.

Performance

CMGG.TO vs. TEQT.TO - 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 TD All-Equity ETF Portfolio (TEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CMGG.TO achieves a 21.24% return, which is significantly higher than TEQT.TO's 11.59% 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*
—

TEQT.TO

1D
-0.45%
1M
5.99%
YTD
11.59%
6M
11.36%
1Y
29.82%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CMGG.TO vs. TEQT.TO - Yearly Performance Comparison

2026 (YTD)2025
CMGG.TO
CI Munro Global Growth Equity Fund		21.24%32.59%
TEQT.TO
TD All-Equity ETF Portfolio		11.59%27.04%

Correlation

The correlation between CMGG.TO and TEQT.TO is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.78

Correlation (All Time)
Calculated using the full available price history since Apr 16, 2025

0.80

The correlation between CMGG.TO and TEQT.TO has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

CI Munro Global Growth Equity Fund

TD All-Equity ETF Portfolio

Often compared with CMGG.TO:
CMGG.TO vs. FCCM.NEOCMGG.TO vs. VMO.TOCMGG.TO vs. CLML.TOCMGG.TO vs. SPMOCMGG.TO vs. ARKKCMGG.TO vs. GRNYCMGG.TO vs. GARP
Often compared with TEQT.TO:
TEQT.TO vs. XEQT.TOTEQT.TO vs. VEQT.TOTEQT.TO vs. TGRO.TOTEQT.TO vs. ZEQT.TOTEQT.TO vs. CAGE.TOTEQT.TO vs. TBAL.TOTEQT.TO vs. FEQT.NEO

Return for Risk

CMGG.TO vs. TEQT.TO — 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: 6969
Overall Rank
CMGG.TO Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
CMGG.TO Sortino Ratio Rank: 6868
Sortino Ratio Rank
CMGG.TO Omega Ratio Rank: 6767
Omega Ratio Rank
CMGG.TO Calmar Ratio Rank: 7676
Calmar Ratio Rank
CMGG.TO Martin Ratio Rank: 6060
Martin Ratio Rank
TEQT.TO
TEQT.TO Risk / Return Rank: 8181
Overall Rank
TEQT.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
TEQT.TO Sortino Ratio Rank: 8383
Sortino Ratio Rank
TEQT.TO Omega Ratio Rank: 8383
Omega Ratio Rank
TEQT.TO Calmar Ratio Rank: 7777
Calmar Ratio Rank
TEQT.TO Martin Ratio Rank: 8080
Martin Ratio Rank
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. TEQT.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 TD All-Equity ETF Portfolio (TEQT.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.

CMGG.TOTEQT.TODifference
Sharpe ratioReturn per unit of total volatility
2.36
2.70

-0.33

Sortino ratioReturn per unit of downside risk
3.14
3.78

-0.64

Omega ratioGain probability vs. loss probability

1.40

1.51

-0.10

Calmar ratioReturn relative to maximum drawdown

3.85

3.93

-0.08

Martin ratioReturn relative to average drawdown

10.77

16.17

-5.40

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMGG.TO vs. TEQT.TO - Sharpe Ratio Comparison

The current CMGG.TO Sharpe Ratio is 2.36, which is comparable to the TEQT.TO Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of CMGG.TO and TEQT.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.

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Sharpe Ratios by Period

CMGG.TOTEQT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.36

2.70

-0.33

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

2.99

-2.01

Drawdowns

CMGG.TO vs. TEQT.TO - Drawdown Comparison

The maximum CMGG.TO drawdown since its inception was -29.00%, which is greater than TEQT.TO's maximum drawdown of -7.62%. Use the drawdown chart below to compare losses from any high point for CMGG.TO and TEQT.TO.

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Drawdown Indicators

CMGG.TOTEQT.TODifference

Max Drawdown

Largest peak-to-trough decline

-29.00%

-7.62%

-21.38%

Max Drawdown (1Y)

Largest decline over 1 year

-10.15%

-7.62%

-2.53%

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%

-0.45%

+0.45%

Average Drawdown

Average peak-to-trough decline

-8.91%

-1.00%

-7.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.62%

1.85%

+1.77%

Volatility

CMGG.TO vs. TEQT.TO - Volatility Comparison

CI Munro Global Growth Equity Fund (CMGG.TO) has a higher volatility of 6.68% compared to TD All-Equity ETF Portfolio (TEQT.TO) at 3.03%. This indicates that CMGG.TO's price experiences larger fluctuations and is considered to be riskier than TEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CMGG.TOTEQT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.68%

3.03%

+3.65%

Volatility (6M)

Calculated over the trailing 6-month period

12.94%

8.80%

+4.14%

Volatility (1Y)

Calculated over the trailing 1-year period

16.53%

11.10%

+5.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.22%

12.18%

+6.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.49%

12.18%

+6.31%

CMGG.TO vs. TEQT.TO - Expense Ratio Comparison

CMGG.TO has a 0.90% expense ratio, which is higher than TEQT.TO's 0.17% expense ratio.

Dividends

CMGG.TO vs. TEQT.TO - Dividend Comparison

CMGG.TO has not paid dividends to shareholders, while TEQT.TO's dividend yield for the trailing twelve months is around 1.31%.

PositionTTM2025
CMGG.TO
CI Munro Global Growth Equity Fund		0.00%0.00%
TEQT.TO
TD All-Equity ETF Portfolio		1.31%1.14%

Frequently Asked Questions

CMGG.TO and TEQT.TO have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, TEQT.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

TEQT.TO is cheaper with a 0.17% expense ratio, compared with 0.90% for CMGG.TO.

They also come from different issuers: CI Global Asset Management and TD. Their fees differ too: 0.90% for CMGG.TO and 0.17% for TEQT.TO.

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