CSH-UN.TO vs. ZMMK.TO
CSH-UN.TO (Chartwell Retirement Residences) 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, CSH-UN.TO returned 38.87%/yr vs 3.76%/yr for ZMMK.TO. At a correlation of -0.00, they often move in opposite directions.
Performance
CSH-UN.TO vs. ZMMK.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSH-UN.TO achieves a 15.89% return, which is significantly higher than ZMMK.TO's 1.23% return.
CSH-UN.TO
- 1D
- -0.26%
- 1M
- 11.02%
- 6M
- 13.85%
- YTD
- 15.89%
- 1Y
- 28.88%
- 3Y*
- 38.87%
- 5Y*
- 16.77%
- 10Y*
- 8.95%
ZMMK.TO
- 1D
- 0.02%
- 1M
- 0.20%
- 6M
- 1.15%
- YTD
- 1.23%
- 1Y
- 2.47%
- 3Y*
- 3.76%
- 5Y*
- —
- 10Y*
- —
CSH-UN.TO vs. ZMMK.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CSH-UN.TO Chartwell Retirement Residences | 15.89% | 37.84% | 34.64% | 47.82% | -24.26% | 9.21% |
ZMMK.TO BMO Money Market Fund ETF Series | 1.23% | 2.77% | 4.94% | 4.86% | 1.99% | 0.04% |
Correlation
The correlation between CSH-UN.TO and ZMMK.TO is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2021 | -0.00 |
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
CSH-UN.TO vs. ZMMK.TO — Risk / Return Rank
CSH-UN.TO
ZMMK.TO
CSH-UN.TO vs. ZMMK.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chartwell Retirement Residences (CSH-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.
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.
| CSH-UN.TO | ZMMK.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.72 | ||
| Sortino ratioReturn per unit of downside risk | -20.20 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 5.35 | -4.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 61.92 | -59.48 |
| Martin ratioReturn relative to average drawdown | 7.04 | 352.30 | -345.26 |
Loading charts...
Drawdowns
CSH-UN.TO vs. ZMMK.TO - Drawdown Comparison
The maximum CSH-UN.TO drawdown since its inception was -79.53%, 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 CSH-UN.TO and ZMMK.TO.
Loading charts...
Drawdown Indicators
| CSH-UN.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.53% | -0.16% | -79.37% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -0.04% | -11.84% |
Max Drawdown (3Y)Largest decline over 3 years | -11.88% | -0.08% | -11.80% |
Max Drawdown (5Y)Largest decline over 5 years | -39.80% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -55.16% | — | — |
Current DrawdownCurrent decline from peak | -1.38% | 0.00% | -1.38% |
Average DrawdownAverage peak-to-trough decline | -16.90% | -0.00% | -16.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.11% | 0.01% | +4.10% |
Volatility
CSH-UN.TO vs. ZMMK.TO - Volatility Comparison
Chartwell Retirement Residences (CSH-UN.TO) has a higher volatility of 4.93% compared to BMO Money Market Fund ETF Series (ZMMK.TO) at 0.06%. This indicates that CSH-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.
Loading charts...
Volatility by Period
| CSH-UN.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 0.06% | +4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 16.01% | 0.18% | +15.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.21% | 0.27% | +20.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.22% | 0.34% | +20.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.31% | 0.34% | +23.97% |
Dividends
CSH-UN.TO vs. ZMMK.TO - Dividend Comparison
CSH-UN.TO's dividend yield for the trailing twelve months is around 2.68%, more than ZMMK.TO's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSH-UN.TO Chartwell Retirement Residences | 2.68% | 3.04% | 4.06% | 5.22% | 7.25% | 5.18% | 5.45% | 4.30% | 4.29% | 3.52% | 3.78% | 4.32% |
ZMMK.TO BMO Money Market Fund ETF Series | 2.46% | 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
CSH-UN.TO and ZMMK.TO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CSH-UN.TO and ZMMK.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