LONG.TO vs. LMAX.TO
LONG.TO (CI Global Longevity Economy Fund) and LMAX.TO (Hamilton Healthcare Yield Maximizer ETF) are both Health & Biotech Equities funds. Both are actively managed. Over the past year, LONG.TO returned 21.51% vs 14.44% for LMAX.TO. At a 0.00 correlation, their price movements are largely independent.
Performance
LONG.TO vs. LMAX.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LONG.TO achieves a 7.64% return, which is significantly higher than LMAX.TO's 2.35% 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*
- —
LMAX.TO
- 1D
- -1.15%
- 1M
- 6.97%
- YTD
- 2.35%
- 6M
- 2.15%
- 1Y
- 14.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LONG.TO vs. LMAX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LONG.TO CI Global Longevity Economy Fund | 7.64% | 6.19% | 17.01% |
LMAX.TO Hamilton Healthcare Yield Maximizer ETF | 2.35% | 7.07% | 4.45% |
Correlation
The correlation between LONG.TO and LMAX.TO is -0.04, 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 | -0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2024 | 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
LONG.TO vs. LMAX.TO — Risk / Return Rank
LONG.TO
LMAX.TO
LONG.TO vs. LMAX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Global Longevity Economy Fund (LONG.TO) and Hamilton Healthcare Yield Maximizer ETF (LMAX.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 | LMAX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.19 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 1.19 | +0.27 |
| Martin ratioReturn relative to average drawdown | 5.21 | 2.80 | +2.41 |
Loading charts...
Drawdowns
LONG.TO vs. LMAX.TO - Drawdown Comparison
The maximum LONG.TO drawdown since its inception was -23.65%, which is greater than LMAX.TO's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for LONG.TO and LMAX.TO.
Loading charts...
Drawdown Indicators
| LONG.TO | LMAX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.65% | -15.89% | -7.76% |
Max Drawdown (1Y)Largest decline over 1 year | -16.39% | -12.16% | -4.23% |
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% | -2.70% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -5.66% | -5.21% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 5.16% | -0.58% |
Volatility
LONG.TO vs. LMAX.TO - Volatility Comparison
CI Global Longevity Economy Fund (LONG.TO) has a higher volatility of 6.73% compared to Hamilton Healthcare Yield Maximizer ETF (LMAX.TO) at 4.33%. This indicates that LONG.TO's price experiences larger fluctuations and is considered to be riskier than LMAX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LONG.TO | LMAX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 4.33% | +2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 13.94% | 9.99% | +3.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.87% | 13.70% | +3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.38% | 13.76% | +3.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.72% | 13.76% | +3.96% |
Dividends
LONG.TO vs. LMAX.TO - Dividend Comparison
LONG.TO has not paid dividends to shareholders, while LMAX.TO's dividend yield for the trailing twelve months is around 12.55%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LMAX.TO Hamilton Healthcare Yield Maximizer ETF | 12.55% | 12.51% | 11.35% | 0.00% |
LONG.TO CI Global Longevity Economy Fund | 0.00% | 0.00% | 0.00% | 0.33% |
Frequently Asked Questions
LONG.TO and LMAX.TO have a correlation of -0.04, 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: CI and Hamilton.
Find the right allocation for LONG.TO and LMAX.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