CYH.TO vs. CAGE.TO
CYH.TO (iShares Global Monthly Dividend Index ETF (CAD-Hedged)) and CAGE.TO (Avantis CIBC All-Equity Asset Allocation ETF) are both Global Equities funds. CYH.TO is passively managed, while CAGE.TO is actively managed. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
CYH.TO vs. CAGE.TO - Performance Comparison
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Returns By Period
CYH.TO
- 1D
- 0.26%
- 1M
- -0.11%
- YTD
- 10.22%
- 6M
- 11.20%
- 1Y
- 23.68%
- 3Y*
- 16.48%
- 5Y*
- 8.53%
- 10Y*
- 8.21%
CAGE.TO
- 1D
- 0.67%
- 1M
- 5.30%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CYH.TO vs. CAGE.TO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CYH.TO iShares Global Monthly Dividend Index ETF (CAD-Hedged) | 2.00% |
CAGE.TO Avantis CIBC All-Equity Asset Allocation ETF | 12.46% |
Correlation
The correlation between CYH.TO and CAGE.TO is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026 | 0.68 |
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Return for Risk
CYH.TO vs. CAGE.TO — Risk / Return Rank
CYH.TO
CAGE.TO
CYH.TO vs. CAGE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and Avantis CIBC All-Equity Asset Allocation ETF (CAGE.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.
| CYH.TO | CAGE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | — | — |
| Martin ratioReturn relative to average drawdown | 17.05 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CYH.TO | CAGE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.39 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 4.71 | -4.38 |
Drawdowns
CYH.TO vs. CAGE.TO - Drawdown Comparison
The maximum CYH.TO drawdown since its inception was -61.48%, which is greater than CAGE.TO's maximum drawdown of -2.93%. Use the drawdown chart below to compare losses from any high point for CYH.TO and CAGE.TO.
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Drawdown Indicators
| CYH.TO | CAGE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.48% | -2.93% | -58.55% |
Max Drawdown (1Y)Largest decline over 1 year | -5.34% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -12.13% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.30% | — | — |
Current DrawdownCurrent decline from peak | -1.30% | -1.31% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -9.94% | -0.73% | -9.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.39% | — | — |
Volatility
CYH.TO vs. CAGE.TO - Volatility Comparison
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Volatility by Period
| CYH.TO | CAGE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.13% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.96% | 15.63% | -5.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.58% | 15.63% | -2.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.02% | 15.63% | +1.39% |
Dividends
CYH.TO vs. CAGE.TO - Dividend Comparison
CYH.TO's dividend yield for the trailing twelve months is around 3.33%, while CAGE.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAGE.TO Avantis CIBC All-Equity Asset Allocation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CYH.TO iShares Global Monthly Dividend Index ETF (CAD-Hedged) | 3.33% | 3.77% | 4.33% | 4.68% | 4.72% | 3.89% | 4.51% | 4.01% | 3.98% | 3.03% | 3.39% | 3.84% |
Frequently Asked Questions
CYH.TO and CAGE.TO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: iShares and Avantis.
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