CRT-UN.TO vs. ZMMK.TO

Last updated Jun 5, 2026

CRT-UN.TO (CT Real Estate Investment Trust) is a stock, while ZMMK.TO (BMO Money Market Fund ETF Series) is Money Market fund actively managed by BMO. Over the past 3 years, CRT-UN.TO returned 12.19%/yr vs 3.86%/yr for ZMMK.TO. At a correlation of -0.00, they often move in opposite directions.

Performance

CRT-UN.TO vs. ZMMK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CT Real Estate Investment Trust (CRT-UN.TO) and BMO Money Market Fund ETF Series (ZMMK.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRT-UN.TO achieves a 11.28% return, which is significantly higher than ZMMK.TO's 0.99% return.

CRT-UN.TO

• 1D: -0.11%
• 1M: 1.71%
• YTD: 11.28%
• 6M: 14.21%
• 1Y: 17.13%
• 3Y*: 12.19%
• 5Y*: 7.36%
• 10Y*: 7.40%

ZMMK.TO

• 1D: 0.04%
• 1M: 0.19%
• YTD: 0.99%
• 6M: 1.17%
• 1Y: 2.50%
• 3Y*: 3.86%
• 5Y*: —
• 10Y*: —

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

CRT-UN.TO vs. ZMMK.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CRT-UN.TO CT Real Estate Investment Trust	11.28%	20.98%	3.91%	-0.26%	-5.16%	3.58%
ZMMK.TO BMO Money Market Fund ETF Series	0.99%	2.77%	4.94%	4.86%	1.99%	0.04%

Correlation

The correlation between CRT-UN.TO and ZMMK.TO is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (All Time) Calculated using the full available price history since Dec 3, 2021	-0.00

Return for Risk

CRT-UN.TO vs. ZMMK.TO — Risk / Return Rank

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

CRT-UN.TO

CRT-UN.TO Risk / Return Rank: 78
CRT-UN.TO Sharpe Ratio Rank: 79
CRT-UN.TO Sortino Ratio Rank: 76
CRT-UN.TO Omega Ratio Rank: 71
CRT-UN.TO Calmar Ratio Rank: 81
CRT-UN.TO Martin Ratio Rank: 82

ZMMK.TO

ZMMK.TO Risk / Return Rank: 100
ZMMK.TO Sharpe Ratio Rank: 99
ZMMK.TO Sortino Ratio Rank: 100
ZMMK.TO Omega Ratio Rank: 99
ZMMK.TO Calmar Ratio Rank: 100
ZMMK.TO Martin Ratio Rank: 100

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.

CRT-UN.TO vs. ZMMK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CT Real Estate Investment Trust (CRT-UN.TO) and BMO Money Market Fund ETF Series (ZMMK.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.

	CRT-UN.TO	ZMMK.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.34	9.68	-8.34
Sortino ratio: Return per unit of downside risk	2.01	24.12	-22.11
Omega ratio: Gain probability vs. loss probability	1.23	5.48	-4.26
Calmar ratio: Return relative to maximum drawdown	2.76	83.57	-80.81
Martin ratio: Return relative to average drawdown	7.21	380.38	-373.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRT-UN.TO vs. ZMMK.TO - Sharpe Ratio Comparison

The current CRT-UN.TO Sharpe Ratio is 1.34, which is lower than the ZMMK.TO Sharpe Ratio of 9.68. The chart below compares the historical Sharpe Ratios of CRT-UN.TO and ZMMK.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.

Sharpe Ratios by Period

	CRT-UN.TO	ZMMK.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	9.68	-8.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	10.31	-9.77

Drawdowns

CRT-UN.TO vs. ZMMK.TO - Drawdown Comparison

The maximum CRT-UN.TO drawdown since its inception was -45.88%, which is greater than ZMMK.TO's maximum drawdown of -0.16%. Use the drawdown chart below to compare losses from any high point for CRT-UN.TO and ZMMK.TO.

Drawdown Indicators

	CRT-UN.TO	ZMMK.TO	Difference
Max Drawdown Largest peak-to-trough decline	-45.88%	-0.16%	-45.72%
Max Drawdown (1Y) Largest decline over 1 year	-6.24%	-0.03%	-6.21%
Max Drawdown (3Y) Largest decline over 3 years	-17.37%	-0.08%	-17.29%
Max Drawdown (5Y) Largest decline over 5 years	-24.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.88%	—	—
Current Drawdown Current decline from peak	-1.12%	0.00%	-1.12%
Average Drawdown Average peak-to-trough decline	-6.27%	-0.00%	-6.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	0.01%	+2.37%

Volatility

CRT-UN.TO vs. ZMMK.TO - Volatility Comparison

CT Real Estate Investment Trust (CRT-UN.TO) has a higher volatility of 2.86% compared to BMO Money Market Fund ETF Series (ZMMK.TO) at 0.06%. This indicates that CRT-UN.TO's price experiences larger fluctuations and is considered to be riskier than ZMMK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRT-UN.TO	ZMMK.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	0.06%	+2.80%
Volatility (6M) Calculated over the trailing 6-month period	9.39%	0.18%	+9.21%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	0.26%	+12.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	0.34%	+17.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	0.34%	+19.91%

Dividends

CRT-UN.TO vs. ZMMK.TO - Dividend Comparison

CRT-UN.TO's dividend yield for the trailing twelve months is around 5.36%, more than ZMMK.TO's 2.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRT-UN.TO CT Real Estate Investment Trust	5.36%	5.77%	6.40%	6.04%	5.48%	4.76%	5.09%	4.70%	6.37%	4.82%	4.57%	5.09%
ZMMK.TO BMO Money Market Fund ETF Series	2.53%	3.02%	4.66%	4.98%	1.95%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRT-UN.TO and ZMMK.TO in my portfolio?

CRT-UN.TO and ZMMK.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.