CMNY.TO vs. ETHX-U.TO
CMNY.TO (CI Money Market ETF CAD Series) and ETHX-U.TO (CI Galaxy Ethereum ETF (US$ Series)) are both exchange-traded funds - CMNY.TO is a Money Market fund actively managed by CI, while ETHX-U.TO is a Cryptocurrency fund actively managed by CI. Both are actively managed. Over the past year, CMNY.TO returned 2.50% vs -44.93% for ETHX-U.TO. At a 0.06 correlation, their price movements are largely independent.
Performance
CMNY.TO vs. ETHX-U.TO - Performance Comparison
Loading charts...
Different Trading Currencies
CMNY.TO is traded in CAD, while ETHX-U.TO is traded in USD. To make them comparable, the ETHX-U.TO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CMNY.TO achieves a 1.31% return, which is significantly higher than ETHX-U.TO's -36.49% return.
CMNY.TO
- 1D
- 0.04%
- 1M
- 0.24%
- 6M
- 1.21%
- YTD
- 1.31%
- 1Y
- 2.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETHX-U.TO
- 1D
- -1.93%
- 1M
- 6.67%
- 6M
- -43.54%
- YTD
- -36.49%
- 1Y
- -44.93%
- 3Y*
- 0.53%
- 5Y*
- 0.72%
- 10Y*
- —
CMNY.TO vs. ETHX-U.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CMNY.TO CI Money Market ETF CAD Series | 1.31% | 2.83% | 4.77% | 2.00% |
ETHX-U.TO CI Galaxy Ethereum ETF (US$ Series) | -36.49% | -15.57% | 55.61% | 25.22% |
Correlation
The correlation between CMNY.TO and ETHX-U.TO is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2023 | 0.06 |
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
CMNY.TO vs. ETHX-U.TO — Risk / Return Rank
CMNY.TO
ETHX-U.TO
CMNY.TO vs. ETHX-U.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Money Market ETF CAD Series (CMNY.TO) and CI Galaxy Ethereum ETF (US$ Series) (ETHX-U.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.
| CMNY.TO | ETHX-U.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.04 | ||
| Sortino ratioReturn per unit of downside risk | +17.78 | ||
| Omega ratioGain probability vs. loss probability | 3.59 | 0.91 | +2.68 |
| Calmar ratioReturn relative to maximum drawdown | 50.18 | -0.67 | +50.84 |
| Martin ratioReturn relative to average drawdown | 199.02 | -1.01 | +200.03 |
Loading charts...
Drawdowns
CMNY.TO vs. ETHX-U.TO - Drawdown Comparison
The maximum CMNY.TO drawdown since its inception was -0.83%, smaller than the maximum ETHX-U.TO drawdown of -78.30%. Use the drawdown chart below to compare losses from any high point for CMNY.TO and ETHX-U.TO.
Loading charts...
Drawdown Indicators
| CMNY.TO | ETHX-U.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.83% | -78.30% | +77.47% |
Max Drawdown (1Y)Largest decline over 1 year | -0.05% | -67.75% | +67.70% |
Max Drawdown (3Y)Largest decline over 3 years | — | -67.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -78.30% | — |
Current DrawdownCurrent decline from peak | 0.00% | -61.80% | +61.80% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -43.14% | +43.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 44.34% | -44.33% |
Volatility
CMNY.TO vs. ETHX-U.TO - Volatility Comparison
The current volatility for CI Money Market ETF CAD Series (CMNY.TO) is 0.10%, while CI Galaxy Ethereum ETF (US$ Series) (ETHX-U.TO) has a volatility of 14.73%. This indicates that CMNY.TO experiences smaller price fluctuations and is considered to be less risky than ETHX-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CMNY.TO | ETHX-U.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.10% | 14.73% | -14.63% |
Volatility (6M)Calculated over the trailing 6-month period | 0.22% | 46.53% | -46.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.34% | 67.28% | -66.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.00% | 71.14% | -70.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.00% | 73.98% | -72.98% |
Dividends
CMNY.TO vs. ETHX-U.TO - Dividend Comparison
CMNY.TO's dividend yield for the trailing twelve months is around 2.48%, while ETHX-U.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CMNY.TO CI Money Market ETF CAD Series | 2.48% | 2.89% | 4.64% | 2.02% |
ETHX-U.TO CI Galaxy Ethereum ETF (US$ Series) | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CMNY.TO and ETHX-U.TO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMNY.TO is categorized as Money Market, while ETHX-U.TO is Cryptocurrency.
Find the right allocation for CMNY.TO and ETHX-U.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