MNY.TO vs. MJUS

Last updated Apr 2, 2026

Compare and contrast key facts about Purpose Cash Management Fund (MNY.TO) and ETFMG U.S. Alternative Harvest ETF (MJUS).

MNY.TO and MJUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MNY.TO is an actively managed fund by Purpose Investments. It was launched on Sep 14, 2022. MJUS is an actively managed fund by ETFMG. It was launched on May 12, 2021.

Performance

MNY.TO vs. MJUS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Cash Management Fund (MNY.TO) and ETFMG U.S. Alternative Harvest ETF (MJUS). The values are adjusted to include any dividend payments, if applicable.

MNY.TO vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MNY.TO Purpose Cash Management Fund	0.54%	3.03%	4.69%	5.03%	1.54%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	29.83%	-19.23%	-22.02%

Different Trading Currencies

MNY.TO is traded in CAD, while MJUS is traded in USD. To make them comparable, the MJUS values have been converted to CAD using the latest available exchange rates.

Returns By Period

MNY.TO

• 1D: 0.00%
• 1M: 0.20%
• YTD: 0.54%
• 6M: 1.27%
• 1Y: 2.69%
• 3Y*: 4.05%
• 5Y*: —
• 10Y*: —

MJUS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MNY.TO vs. MJUS - Expense Ratio Comparison

MNY.TO has a 0.22% expense ratio, which is lower than MJUS's 0.75% expense ratio.

MJUS

ETFMG U.S. Alternative Harvest ETF

MNY.TO

Purpose Cash Management Fund

Return for Risk

MNY.TO vs. MJUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MNY.TO

MNY.TO Risk / Return Rank: 100
MNY.TO Sharpe Ratio Rank: 100
MNY.TO Sortino Ratio Rank: 100
MNY.TO Omega Ratio Rank: 100
MNY.TO Calmar Ratio Rank: 100
MNY.TO Martin Ratio Rank: 100

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.

MNY.TO vs. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Cash Management Fund (MNY.TO) and ETFMG U.S. Alternative Harvest ETF (MJUS). 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.

	MNY.TO	MJUS	Difference
Sharpe ratio Return per unit of total volatility	15.32	—	—
Sortino ratio Return per unit of downside risk	52.67	—	—
Omega ratio Gain probability vs. loss probability	19.96	—	—
Calmar ratio Return relative to maximum drawdown	67.75	—	—
Martin ratio Return relative to average drawdown	622.62	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MNY.TO	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	15.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	11.02	—	—

Correlation

The correlation between MNY.TO and MJUS is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MNY.TO vs. MJUS - Dividend Comparison

MNY.TO's dividend yield for the trailing twelve months is around 2.67%, while MJUS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
MNY.TO Purpose Cash Management Fund	2.67%	2.93%	4.71%	4.85%	1.47%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	MNY.TO	MJUS	Difference
Max Drawdown Largest peak-to-trough decline	-0.24%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.04%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	0.00%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	—	—

Volatility

Volatility by Period

	MNY.TO	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.18%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.38%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.38%	—	—