CSBG.NEO vs. CCCB.TO

Last updated Jul 16, 2026

CSBG.NEO (CIBC Sustainable Balanced Growth Solution ETF) and CCCB.TO (CIBC Canadian Banks Covered Call ETF) are both exchange-traded funds - CSBG.NEO is a Diversified Portfolio fund actively managed by CIBC, while CCCB.TO is a Derivative Income fund actively managed by CIBC. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. CSBG.NEO charges 0.90%/yr vs 0.39%/yr for CCCB.TO.

Performance

CSBG.NEO vs. CCCB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and CIBC Canadian Banks Covered Call ETF (CCCB.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSBG.NEO achieves a 0.49% return, which is significantly lower than CCCB.TO's 30.33% return.

CSBG.NEO

• 1D: 0.00%
• 1M: 0.49%
• 6M: 0.49%
• YTD: 0.49%
• 1Y: 0.49%
• 3Y*: 0.96%
• 5Y*: —
• 10Y*: —

CCCB.TO

• 1D: 0.64%
• 1M: 7.52%
• 6M: 30.55%
• YTD: 30.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSBG.NEO vs. CCCB.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF	0.49%	0.00%
CCCB.TO CIBC Canadian Banks Covered Call ETF	30.33%	21.13%

Correlation

The correlation between CSBG.NEO and CCCB.TO is 0.09, 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 (All Time) Calculated using the full available price history since Aug 25, 2025	0.09

Return for Risk

CSBG.NEO vs. CCCB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and CIBC Canadian Banks Covered Call ETF (CCCB.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.

	CSBG.NEO	CCCB.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	—	—	—
Omega ratio: Gain probability vs. loss probability	—	—	—
Calmar ratio: Return relative to maximum drawdown	—	—	—
Martin ratio: Return relative to average drawdown	—	—	—

Drawdowns

CSBG.NEO vs. CCCB.TO - Drawdown Comparison

The maximum CSBG.NEO drawdown since its inception was 0.00%, smaller than the maximum CCCB.TO drawdown of -7.92%. Use the drawdown chart below to compare losses from any high point for CSBG.NEO and CCCB.TO.

Drawdown Indicators

	CSBG.NEO	CCCB.TO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-7.92%	+7.92%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	—	—
Max Drawdown (3Y) Largest decline over 3 years	0.00%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.93%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	—	—

Volatility

Volatility by Period

	CSBG.NEO	CCCB.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.49%	12.85%	-12.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.11%	12.85%	-11.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.11%	12.85%	-11.74%

CSBG.NEO vs. CCCB.TO - Expense Ratio Comparison

CSBG.NEO has a 0.90% expense ratio, which is higher than CCCB.TO's 0.39% expense ratio.

Dividends

CSBG.NEO vs. CCCB.TO - Dividend Comparison

CSBG.NEO's dividend yield for the trailing twelve months is around 0.48%, less than CCCB.TO's 3.97% yield.

Position	TTM	2025	2024	2023	2022
CCCB.TO CIBC Canadian Banks Covered Call ETF	3.97%	1.93%	0.00%	0.00%	0.00%
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF	0.48%	0.00%	1.16%	1.21%	0.27%

Frequently Asked Questions

Can I hold both CSBG.NEO and CCCB.TO in my portfolio?

CSBG.NEO and CCCB.TO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSBG.NEO or CCCB.TO?

On fees, CCCB.TO is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSBG.NEO or CCCB.TO?

CCCB.TO is cheaper with a 0.39% expense ratio, compared with 0.90% for CSBG.NEO.

What is the main difference between CSBG.NEO and CCCB.TO?

CSBG.NEO is categorized as Diversified Portfolio, while CCCB.TO is Derivative Income. Their fees differ too: 0.90% for CSBG.NEO and 0.39% for CCCB.TO.