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LONG.TO vs. EHE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LONG.TO vs. EHE.TO

Last updated Jul 1, 2026
See Documentation

LONG.TO (CI Global Longevity Economy Fund) and EHE.TO (CI Europe Hedged Equity Index ETF) are both exchange-traded funds - LONG.TO is a Health & Biotech Equities fund actively managed by CI, while EHE.TO is a Europe Equities fund tracking the WisdomTree Europe CAD-Hedged Equity Index. LONG.TO is actively managed, while EHE.TO is passively managed. Over the past 5 years, LONG.TO returned 10.40%/yr vs 10.01%/yr for EHE.TO. At a 0.45 correlation, their price movements are largely independent.

Performance

LONG.TO vs. EHE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Global Longevity Economy Fund (LONG.TO) and CI Europe Hedged Equity Index ETF (EHE.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with LONG.TO having a 7.64% return and EHE.TO slightly lower at 7.41%.

LONG.TO

1D
0.82%
1M
0.20%
YTD
7.64%
6M
7.66%
1Y
21.51%
3Y*
17.35%
5Y*
10.40%
10Y*
—

EHE.TO

1D
0.58%
1M
1.53%
YTD
7.41%
6M
7.99%
1Y
17.80%
3Y*
13.93%
5Y*
10.01%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

LONG.TO vs. EHE.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
LONG.TO
CI Global Longevity Economy Fund		7.64%6.19%25.86%19.50%-9.01%11.77%22.32%
EHE.TO
CI Europe Hedged Equity Index ETF		7.41%22.91%4.19%22.26%-10.45%23.79%8.91%

Correlation

The correlation between LONG.TO and EHE.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Jun 17, 2020

0.45

The correlation between LONG.TO and EHE.TO shifts across timeframes, from 0.41 (3 years) to 0.52 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

CI Global Longevity Economy Fund

CI Europe Hedged Equity Index ETF

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Return for Risk

LONG.TO vs. EHE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LONG.TO
LONG.TO Risk / Return Rank: 4242
Overall Rank
LONG.TO Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
LONG.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
LONG.TO Omega Ratio Rank: 4747
Omega Ratio Rank
LONG.TO Calmar Ratio Rank: 3333
Calmar Ratio Rank
LONG.TO Martin Ratio Rank: 3838
Martin Ratio Rank
EHE.TO
EHE.TO Risk / Return Rank: 4040
Overall Rank
EHE.TO Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
EHE.TO Sortino Ratio Rank: 4040
Sortino Ratio Rank
EHE.TO Omega Ratio Rank: 4040
Omega Ratio Rank
EHE.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
EHE.TO Martin Ratio Rank: 4444
Martin Ratio Rank
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.

LONG.TO vs. EHE.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 Europe Hedged Equity Index ETF (EHE.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.TOEHE.TODifference
Sharpe ratioReturn per unit of total volatility
1.42
1.22

+0.20

Sortino ratioReturn per unit of downside risk
1.99
1.82

+0.17

Omega ratioGain probability vs. loss probability

1.26

1.23

+0.03

Calmar ratioReturn relative to maximum drawdown

1.46

1.68

-0.22

Martin ratioReturn relative to average drawdown

5.21

6.34

-1.12

LONG.TO vs. EHE.TO - Sharpe Ratio Comparison

The current LONG.TO Sharpe Ratio is 1.42, which is comparable to the EHE.TO Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of LONG.TO and EHE.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.

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Drawdowns

LONG.TO vs. EHE.TO - Drawdown Comparison

The maximum LONG.TO drawdown since its inception was -23.65%, smaller than the maximum EHE.TO drawdown of -38.20%. Use the drawdown chart below to compare losses from any high point for LONG.TO and EHE.TO.

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Drawdown Indicators

LONG.TOEHE.TODifference

Max Drawdown

Largest peak-to-trough decline

-23.65%

-38.20%

+14.55%

Max Drawdown (1Y)

Largest decline over 1 year

-16.39%

-11.85%

-4.54%

Max Drawdown (3Y)

Largest decline over 3 years

-22.45%

-16.30%

-6.15%

Max Drawdown (5Y)

Largest decline over 5 years

-23.65%

-22.91%

-0.74%

Current Drawdown

Current decline from peak

-1.91%

-0.97%

-0.94%

Average Drawdown

Average peak-to-trough decline

-5.66%

-5.32%

-0.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.58%

3.13%

+1.45%

Volatility

LONG.TO vs. EHE.TO - Volatility Comparison

CI Global Longevity Economy Fund (LONG.TO) has a higher volatility of 6.73% compared to CI Europe Hedged Equity Index ETF (EHE.TO) at 5.06%. This indicates that LONG.TO's price experiences larger fluctuations and is considered to be riskier than EHE.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.TOEHE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.73%

5.06%

+1.67%

Volatility (6M)

Calculated over the trailing 6-month period

13.94%

13.37%

+0.57%

Volatility (1Y)

Calculated over the trailing 1-year period

16.87%

16.28%

+0.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.38%

18.09%

-0.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.72%

17.45%

+0.27%

Dividends

LONG.TO vs. EHE.TO - Dividend Comparison

LONG.TO has not paid dividends to shareholders, while EHE.TO's dividend yield for the trailing twelve months is around 2.16%.

PositionTTM2025202420232022202120202019201820172016
EHE.TO
CI Europe Hedged Equity Index ETF		2.16%2.16%4.38%3.30%2.19%1.90%2.55%2.02%2.08%1.37%0.13%
LONG.TO
CI Global Longevity Economy Fund		0.00%0.00%0.00%0.33%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

LONG.TO and EHE.TO have a correlation of 0.52, 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 EHE.TO is Europe Equities.

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