LONG.TO vs. CMNY.TO
LONG.TO (CI Global Longevity Economy Fund) and CMNY.TO (CI Money Market ETF CAD Series) are both exchange-traded funds - LONG.TO is a Health & Biotech Equities fund actively managed by CI, while CMNY.TO is a Money Market fund actively managed by CI. Both are actively managed. Over the past year, LONG.TO returned 21.51% vs 2.44% for CMNY.TO. At a correlation of -0.02, they often move in opposite directions.
Performance
LONG.TO vs. CMNY.TO - Performance Comparison
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Returns By Period
In the year-to-date period, LONG.TO achieves a 7.64% return, which is significantly higher than CMNY.TO's 1.17% return.
LONG.TO
- 1D
- 0.82%
- 1M
- 0.20%
- YTD
- 7.64%
- 6M
- 7.66%
- 1Y
- 21.51%
- 3Y*
- 17.35%
- 5Y*
- 10.40%
- 10Y*
- —
CMNY.TO
- 1D
- 0.00%
- 1M
- 0.20%
- YTD
- 1.17%
- 6M
- 1.17%
- 1Y
- 2.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LONG.TO vs. CMNY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LONG.TO CI Global Longevity Economy Fund | 7.64% | 6.19% | 25.86% | 8.77% |
CMNY.TO CI Money Market ETF CAD Series | 1.17% | 2.83% | 4.77% | 2.00% |
Correlation
The correlation between LONG.TO and CMNY.TO is -0.03, 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 | -0.03 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2023 | -0.02 |
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Return for Risk
LONG.TO vs. CMNY.TO — Risk / Return Rank
LONG.TO
CMNY.TO
LONG.TO vs. CMNY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Global Longevity Economy Fund (LONG.TO) and CI Money Market ETF CAD Series (CMNY.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.
| LONG.TO | CMNY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.88 | ||
| Sortino ratioReturn per unit of downside risk | -14.82 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 3.60 | -2.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 49.15 | -47.69 |
| Martin ratioReturn relative to average drawdown | 5.21 | 197.17 | -191.96 |
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Drawdowns
LONG.TO vs. CMNY.TO - Drawdown Comparison
The maximum LONG.TO drawdown since its inception was -23.65%, which is greater than CMNY.TO's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for LONG.TO and CMNY.TO.
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Drawdown Indicators
| LONG.TO | CMNY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.65% | -0.83% | -22.82% |
Max Drawdown (1Y)Largest decline over 1 year | -16.39% | -0.05% | -16.34% |
Max Drawdown (3Y)Largest decline over 3 years | -22.45% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.65% | — | — |
Current DrawdownCurrent decline from peak | -1.91% | 0.00% | -1.91% |
Average DrawdownAverage peak-to-trough decline | -5.66% | -0.05% | -5.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 0.01% | +4.57% |
Volatility
LONG.TO vs. CMNY.TO - Volatility Comparison
CI Global Longevity Economy Fund (LONG.TO) has a higher volatility of 6.73% compared to CI Money Market ETF CAD Series (CMNY.TO) at 0.08%. This indicates that LONG.TO's price experiences larger fluctuations and is considered to be riskier than CMNY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LONG.TO | CMNY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 0.08% | +6.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.94% | 0.22% | +13.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.87% | 0.34% | +16.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.38% | 1.01% | +16.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.72% | 1.01% | +16.71% |
Dividends
LONG.TO vs. CMNY.TO - Dividend Comparison
LONG.TO has not paid dividends to shareholders, while CMNY.TO's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CMNY.TO CI Money Market ETF CAD Series | 2.49% | 2.89% | 4.64% | 2.02% |
LONG.TO CI Global Longevity Economy Fund | 0.00% | 0.00% | 0.00% | 0.33% |
Frequently Asked Questions
LONG.TO and CMNY.TO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LONG.TO is categorized as Health & Biotech Equities, while CMNY.TO is Money Market.
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